Debate House Prices


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people want house prices to fall

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Comments

  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    wymondham wrote: »
    The problem is George Osborne thinks falling house prices is a bad thing!


    Except for BTL that is...
  • Mistermeaner
    Mistermeaner Posts: 3,024 Forumite
    Part of the Furniture 1,000 Posts
    Thrugelmir wrote: »
    Why aren't shares cheap now?

    Some !!!!!! keeps buying them for more than I think they are worth
    Left is never right but I always am.
  • kinger101
    kinger101 Posts: 6,573 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Mistermeaner wrote: »
    Some !!!!!! keeps buying them for more than I think they are worth

    I think Volkswagen AG are doing a 50% off deal at the moment.
    "Real knowledge is to know the extent of one's ignorance" - Confucius
  • ging84
    ging84 Posts: 912 Forumite
    Part of the Furniture Combo Breaker
    I want other people's house prices to fall, but mine to rise
    is there a way to make that happen without spending money improving my property / local area or committing crimes and damaging anyone else's?
  • Mistermeaner
    Mistermeaner Posts: 3,024 Forumite
    Part of the Furniture 1,000 Posts
    Buy an avocado bathroom suite, they're bound to come back in.
    Left is never right but I always am.
  • padington
    padington Posts: 3,121 Forumite
    edited 2 October 2015 at 7:31PM
    mwpt wrote: »
    That is complete speculation. It could be entirely the opposite. A proper reset and true market forces of weening out the losers (and speculators) may well have worked better for everyone.

    Besides, this isn't even your original claim. You implied it wasn't good to buy into a stagnant or falling house market.

    Give me a rising market any day of the week, stagnant markets are just one step away from becoming deflationary. Bird in hand and all that.
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    Why aren't shares cheap now?

    Excess savings and low interest rates are the likely chief causes.
  • BLTKING
    BLTKING Posts: 14 Forumite
    no value in the market to make it worth buying and i have a relatively modest deposit of 250k
  • padington
    padington Posts: 3,121 Forumite
    edited 2 October 2015 at 7:51PM
    BLTKING wrote: »
    no value in the market to make it worth buying and i have a relatively modest deposit of 250k

    A bit of cash right now is quite wise me thinks ( I say housing boom is on but I could well be wrong) but I hope you're not renting, that would be silly.

    Own some roof over your head, 250 grand one day might not buy you a garage.

    Bird in hand ...

    Until you own a roof, you haven't walked out of the casino.
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • BLTKING
    BLTKING Posts: 14 Forumite
    edited 2 October 2015 at 8:06PM
    padington wrote: »
    A bit of cash right now is quite wise me thinks ( I say housing boom is on but I could well be wrong) but I hope you're not renting, that would be silly.

    Own some roof over your head, 250 grand one day might not buy you a garage.

    Bird in hand ...

    Until you own a roof, you haven't walked out of the casino.

    not renting

    but anything decent is 3 times my deposit just not worth buying , unless i move out further from london
    fing joke really i have no desire to own property but my mother is not gonna live forever so will need to go somewhere eventually
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