Debate House Prices


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  • cells
    cells Posts: 5,246 Forumite
    Sorry

    But not one word of that made any sense ... should get you several Thank you's on here :-)


    lets see if this makes any sense

    In the period 1995 to 2000

    The rental stock stayed the same at 9.4% of the total housing stock

    940,000 homes were built

    900,000 increase in population

    Prices went UP


    In the period 2015-2020 a HPC-wisher best reasonable hopes might be

    The rental stock stays the same

    800,000-900,000 homes are built

    2,500,000 increase in population

    Prices will go up or down?



    If in the period 1995-2000 the rental stock did not grow but price grew strongly. Why do the crash-wishers think the same happening in 2015-2020 will respond negatively especially considering the underlying population growth is nearly 3 x as much



    maybe ask your pals over at hpc
  • padington
    padington Posts: 3,121 Forumite
    cells wrote: »
    lets see if this makes any sense

    In the period 1995 to 2000

    The rental stock stayed the same at 9.4% of the total housing stock

    940,000 homes were built

    900,000 increase in population

    Prices went UP


    In the period 2015-2020 a HPC-wisher best reasonable hopes might be

    The rental stock stays the same

    800,000-900,000 homes are built

    2,500,000 increase in population

    Prices will go up or down?



    If in the period 1995-2000 the rental stock did not grow but price grew strongly. Why do the crash-wishers think the same happening in 2015-2020 will respond negatively especially considering the underlying population growth is nearly 3 x as much



    maybe ask your pals over at hpc

    Rents are going to go balastic ...
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • cells
    cells Posts: 5,246 Forumite
    padington wrote: »
    Rents are going to go balastic ...


    I am unsure of what is going to happen, rents have already risen quite a lot in London over the last 3 years I am not sure its a good thing for them to rise much more than inflation for the next few years.

    However the interest is not a cost idiocy, the additional stamp duty and wear and tear taxes are likely to push rents up

    In 2015 the mix of rentals to owners changed massively in just one year 440,000 homes were added to the rental stock.

    I feel we are getting closer to some sort of inflection point where anything could happen and political risk is increasing markedly
  • cells wrote: »
    the additional stamp duty and wear and tear taxes are likely to push rents up

    They're likely to push costs up, which may or may not be recoverable as rent. I do expect any exit by leveraged landlords to result in rent rises but these rises would be indirect effects of the tax changes.
  • danothy
    danothy Posts: 2,200 Forumite
    Part of the Furniture Combo Breaker
    you are one of the rudest posters on here

    No they're not. I am.
    If you think of it as 'us' verses 'them', then it's probably your side that are the villains.
  • ukcarper wrote: »
    No this is not a bear site and if a site is bear that says a lot. This site is more balanced with some saying there will be a crash, some saying prices will continue to boom with many views in between. I suspect a large number of people on this sight like me realise you can't predict what house prices will do with any certainty.


    "BALANCED"

    You must be kidding. It is the same 12 guys logging on everyday flooding the board with the same message with a few other not so regular, but regular enough, picking on the only two guys with a justified worry about

    the UK economy and probable/possible outcomes that could well happen.

    I started of with every intention of a civilised debate, it is impossible on this board. But I find the aggression very telling, the ideas of the few bearish posters are the major worries of those who for whatever reason do not want any backward trend in house prices.

    P.S And I know I will have to keep repeating this.. I do not have an account at HPC, but Hey, that will not stop you lot.
  • Of course you have an account over on HPC. All the goons have. You're just ashamed about what you've posted over there. Why join one forum to discuss house prices but not another. Doesn't make sense.
  • MobileSaver
    MobileSaver Posts: 4,344 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I find the aggression very telling, ... major worries

    The "aggression" and "major worries" are all in your head, the majority here don't really care that much whether house prices go up, down or sideways.

    However most here firmly (perhaps even passionately) believe that a house price crash of 50%+ is never going to happen and that's the major difference between MSE and HPC.
    I know I will have to keep repeating this.. I do not have an account at HPC, but Hey, that will not stop you lot.

    You clearly have an interest in house prices and in your own words "that site [HPC] is way and above the analysis of this board" so why on earth would you not have an account there?

    Either you are not telling the truth or (like many here) you have been banned from HPC for not towing their extremist party line. Either way your assertion seriously undermines your credibility.
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    That is interesting, Trev, if you don't mind me asking, what are you up to? I hope that it works out well for you.

    Thanks. Just moving across the road to a larger House. I need more room, and it's got a Garage you could park four cars in!

    EA came round yesterday,so House is now on the Market. Two viewing this afternoon.
  • mwpt
    mwpt Posts: 2,502 Forumite
    Sixth Anniversary Combo Breaker
    Thanks. Just moving across the road to a larger House. I need more room, and it's got a Garage you could park four cars in!

    EA came round yesterday,so House is now on the Market. Two viewing this afternoon.

    Remember the sticks in the vase.

    (but seriously, good luck)
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