If we vote for Brexit what happens

System

Housing demand is high but the construction sector is in a technical recession. The system is rigged......broken

glasgowdan

iantojones40 wrote: »

Not sure what point you're trying to illustrate with your link?
That property has an ASKING price only 10% higher than it's last SOLD price in 2009 and that's after it's presumably had an extension or loft conversion as it's now advertised as a 4 bed.
Assuming it has sold for full asking price, that's a whopping 1.4% annual hpi over the last 7 years of what has essentially been a buoyant and bullish pre-brexit market.

Trust me, this has just sold for £400k.

Merely another example to show people spreading doom and gloom messages that it's not UK-wide.

System

I've been looking at houses in your neck of the woods Glasgow. You can pick up a nice 4 bedroom detached house for less than £175k. The same house down south would cost at least double plus abit more.

BoE has confirmed that they will find it very hard to increase interest rates in the future due to house prices. We do not want to upset mortgage owners who have been stress tested at 7% and have small amount of insecure loans (yeah right)

Broken UK..... slowly becoming a shller place to live......

marksoton

mrlegend123 wrote: »

Housing demand is high but the construction sector is in a technical recession. The system is rigged......broken

No it isn't. see above.. And i can assure you i'm better placed than you to comment.

glasgowdan

marksoton wrote: »

No it isn't. see above.. And i can assure you i'm better placed than you to comment.

Crashy legend believes if they say something often enough it becomes true.

Why, mr legend, are you commenting on the variations in house prices across the uk? Not sure that's relevant. Got a link for the fancy 4 bed house in a desirable area near Glasgow by the way? I assume it's a nice house in a desirable area as that's what i have been talking about to prompt your rightmove search.

And where exactly is "down south"? Specifics please?

System

High rents, high house prices and benefit cap are pushing more families into poverty - nice.

I had a mate who had the same attitude as you. We laughed at him when he lost everything after the last crisis. He was so out of touch....

System

Low income families should not live in poverty!!! There has been a rapid increase of children living in poverty lately. Average income households should not be priced out of their local area.

System

I forgot money grows on trees........I can not wait for the day when house prices start to go down.

Base rate up = house prices down

Bring on hyperinflation in order to ruin thr lives of some people on here with bad attitude. Yes I've got a bad attitude towards people who live in a bubble.

It took years for my mate with a bad attitude to recover - he thought it would never happen to him. He became the guy when drinking in the pub, he would disappear when it was his round

lydriver

have you been drinking?

glasgowdan

You're so far removed from focussing on topic here that I'm thoroughly confused now. I thought we were on brexit affecting house prices, then you went on about the difference between a 4 bed house somewhere undisclosed in Glasgow being cheaper than a 4 bed "down south", and without any flow or addressed points you're now ranting about poverty and wishing people to lose their security for their families?

What will happen to these poor families with "hyperinflation"? Their rents go up, they get forced into deeper poverty.

As you're on benefits ("forces accomodation") i guess it wouldn't affect you...so it's alright then.