MSE News: UK house prices rise to record high, says Halifax

Graham_Devon

chucknorris wrote: »

Sounds like you bought shares in British Gas, Greggs and Esso, was it for the dividend income, a punt on the share price or a bit of both?

None of those. I was just hoping everyone starting out today, including my children had to pay more and more to get through life.....simply because that would be awesome.

Jonbvn

chucknorris wrote: »

Sounds like you bought shares in British Gas, Greggs and Esso, was it for the dividend income, a punt on the share price or a bit of both?

Greggs has been one of my best stock buys ever.:beer:

Their outlets are now literally everywhere!

Landofwood

Graham_Devon wrote: »

None of those. I was just hoping everyone starting out today, including my children had to pay more and more to get through life.....simply because that would be awesome.

If you care so much about your children, I'm sure you'll downsize and give them a huge deposit from all that lovely equity you've made on your home.

wotsthat

Graham_Devon wrote: »

Glorious, simply glorious.

I just hope the cost of gas triples, food quadruples and petrol doubles. I think I may be asking too much if I hope for my council tax bill to double too. Oh, and it would be quite nice if a bog standard car came in at an average price of 40k.

Here's hoping for the good times to roll, anyway.

My idea that people who think house prices are too high should set a trend and ask for lower prices doesn't seem to have caught on.

It's almost as if people who think prices should fall for the benefit of society mean other people's homes rather than their own.

Graham_Devon

wotsthat wrote: »

My idea that people who think house prices are too high should set a trend and ask for lower prices doesn't seem to have caught on.

It's almost as if people who think prices should fall for the benefit of society mean other people's homes rather than their own.

I think you mean other peoples houses AND their own.

We've been over this several times, afterall. We can do it all again if you wish? I do feel a little sorry for you as it seems you still believe that one person selling their house at a lower price (excluding all the implications surrounding fraud that brings) is enough to lower houses prices across the UK. So more than happy to go through this again if you like?

wotsthat

Graham_Devon wrote: »

I think you mean other peoples houses AND their own.

We've been over this several times, afterall. We can do it all again if you wish?

The evidence is that sellers want ever more when selling their houses.

Maybe those who would be happy with a lower market price don't have a property for sale at the moment. Yeah, that's probably it.

Missed the edit. If you sell your house for a lower price the market price will fall. Simple as. Nothing to do with fraud - just doing the right thing.

Pincher

All this QE is going to blow up in our faces eventually.

Against sterling, the Yen was 120 in 2012, now it's 185!

Assuming the price of a house hasn't changed in Yen, that means a £300k house in 2012 is now worth ~£200k!
People from Taiwan have been buying properties in Japan like hot cakes.

Chinese people have swarmed all over Japan this year, because the Yen has plummeted. Over the National holiday in early October, there were reports of Chinese tourists empting shops. UNIQLO clothing is popular because you can buy loads and still pack them into one suitcase.

Abenomics, soon to be rebranded as Corbynomics.

Sibley

caronoel wrote: »

But my friends on Housepricecrash, and their paramilitary wing in Moneyweek, have all told me that house prices would have crashed by now.

Take that you HPC toads.

Don't ever quote 2007 peak again. 2015 is the benchmark :beer:

Carl31

And they're still saying there's no inflation. Of course there is, it's just all bring channeled into housing, which of course means demand is down for everything else, people can't afford to splash out on ever increasing houses as well as luxuries, like basic food stuffs

mwpt

Sibley wrote: »

Take that you HPC toads.

Don't ever quote 2007 peak again. 2015 is the benchmark :beer:

Let the good times roll. My dream house just got further out of reach but the media tells me this is good so I groin thrust. Here's hoping to record increases in utility bills, council tax and transport costs next. :beer: