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Debate House Prices


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If we vote for Brexit what happens

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Comments

  • baza52
    baza52 Posts: 3,029 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    cells wrote: »
    So why don't you push for the government to go to estate agents in town and buy a lot of houses from sellers and then rent them out via the council?

    Also try to actually think before you speak. What would be the result? Fast forward a few iterations.

    It was called the council house.
    remember those before they were all sold off cheap? The same houses now being rented back to the government via LHA
  • baza52
    baza52 Posts: 3,029 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    cells wrote: »
    Like a lot of the older generation (assuming imhe is born 1952) he has forgotten that the people a generation or two above him had quite a different culture.

    I wonder what he thinks the UK culture was in 1900? And if he personally follows it and if not why not?

    My father was born in 1919 and my grandparents before 1900.
    I'm well aware of the culture then.
  • Daniel54
    Daniel54 Posts: 842 Forumite
    Part of the Furniture 500 Posts Name Dropper
    baza52 wrote: »
    do you have a BTL by any chance?

    I'm assuming you are a retro wife


    http://www.retro-housewife.com/good-wife-guidelines.html
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    ardvo wrote: »
    How will leaving the EU has been voted, affect the housing property marking in the next years to come,

    especially house prices ?

    and mortgage lenders offering mortgages ?

    How will they be affected ?

    My crystal ball says prices are going up and up.

    Foreign investors can buy more pounds with their currency so to them UK house prices are going down so they jump in. As the economy recovers their GBP's will the buy more of their home currency and they've made a fortune.

    To us the price of the house in GBP will look like it's going up by a smaller amount.

    Inflation will take hold due to the higher cost of imports and therefore interest rates will increase to suppress spending. As interest rates increase there will be more demand for wage increases to keep up. As wages increase people can spend more on mortgages to buy houses and house prices go up.

    Anyway, that's only what I've seen in my crystal ball. It may or may not happen.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • cells
    cells Posts: 5,246 Forumite
    baza52 wrote: »
    My father was born in 1919 and my grandparents before 1900.
    I'm well aware of the culture then.

    If you are you should look back with some shame on some things that were our dominant culture.

    Also I wonder how far back we should go. Maybe to the good old days of the pagon religions of the British Isles?
  • baza52
    baza52 Posts: 3,029 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Daniel54 wrote: »

    Do you have a BTL?
    simple question.
  • cells
    cells Posts: 5,246 Forumite
    baza52 wrote: »
    It was called the council house.
    remember those before they were all sold off cheap? The same houses now being rented back to the government via LHA


    Yes I know all about council homes. My local area of inner east London was well over 50% council homes and still is over 50% and the waiting list is never ending.

    We really need it to go to 100% council homes comrade that's the solution.
  • Daniel54
    Daniel54 Posts: 842 Forumite
    Part of the Furniture 500 Posts Name Dropper
    baza52 wrote: »
    Do you have a BTL?
    simple question.


    What's that got to do with the price of bananas ?

    No

    Are you a retro housewife -answer yes or no
  • baza52
    baza52 Posts: 3,029 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    cells wrote: »
    If you are you should look back with some shame on some things that were our dominant culture.

    Also I wonder how far back we should go. Maybe to the good old days of the pagon religions of the British Isles?

    I think within our lifetime is a good start.
  • baza52
    baza52 Posts: 3,029 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Daniel54 wrote: »
    What's that got to do with the price of bananas ?

    No

    Are you are retro housewife -answer yes or no

    Ok, No I'm not a retro housewife.
    Your turn.
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