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Debate House Prices


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If we vote for Brexit what happens

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Comments

  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    ukcarper wrote: »
    True I just wondered why you lot are still going on nobody else is taking any notice of your ramblings, perhaps it's a self help group.


    Well the thread has nearly 40k views, so SOMEBODY must be paying attention? I think you are confusing this thread with the whole of the discussion forum where six or seven people ramp property all day and attack any one with a different viewpoint.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    AFF8879 wrote: »
    As someone who works in investment banking I slightly agree with your sentiment but the housing market is a totally different ballgame.

    A bubble does not just mean high prices. It doesn't even mean unsustainable prices. A bubble means high prices without the economic fundamentals to support them. The fact it is the scarce supply of, and huge demand for, residential property clearly does indicate the market has these fundamentals.

    You could allow for a correction with regard to speculative investors leaving the market, but a) this would not have a material impact outside of prime central London and b) would only be short to medium term, because as soon as the uncertainty has cleared investment would resume.


    Remind me never to take any investment advice from your firm.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Well the thread has nearly 40k views, so SOMEBODY must be paying attention? I think you are confusing this thread with the whole of the discussion forum where six or seven people ramp property all day and attack any one with a different viewpoint.
    Viewing and paying attention are two different things.
  • System
    System Posts: 178,373 Community Admin
    10,000 Posts Photogenic Name Dropper
    Ukcarper - why do you take a interest in this thread? Looking to cash in your property as a baby boomer
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Ukcarper - why do you take a interest in this thread? Looking to cash in your property as a baby boomer
    Just find it interesting can't really cash in my property as I need somewhere to live and unlike Crashy I don't fancy a flat yet alone a house share.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    ukcarper wrote: »
    Just find it interesting can't really cash in my property as I need somewhere to live and unlike Crashy I don't fancy a flat yet alone a house share.


    But you just said the thread is boring because it is just a few people commenting back and forth, so what is the real reason for your "interest"
    :rotfl:
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    But you just said the thread is boring because it is just a few people commenting back and forth, so what is the real reason for your "interest"
    :rotfl:
    Perhaps I should have said amusing
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    ukcarper wrote: »
    Perhaps I should have said amusing


    Yes, but you didn`t......:money:
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Yes, but you didn`t......:money:
    Very observant but irrelevant.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    ukcarper wrote: »
    Very observant but irrelevant.


    So we can conclude that the thread bores you, but you don`t like the fact that it exists and that there are articles and anecdotes out there that support the notion that the property market is "weakening"?
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