Debate House Prices


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  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    Are you expecting positive news in the current climate?
  • Thrugelmir wrote: »
    Are you expecting positive news in the current climate?

    No - Just surprised how long it's lasted!
  • wymondham
    wymondham Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic Mortgage-free Glee!
    yeah house price crash.... about time..!!
  • chucknorris
    chucknorris Posts: 10,793 Forumite
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    wymondham wrote: »
    yeah house price crash.... about time..!!

    That's about the 5th one this decade, or did you mean real ones, that actually happen?
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • michaels
    michaels Posts: 29,131 Forumite
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    Have you got a buyer yet CN?
    I think....
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 25 August 2016 at 8:33PM
    michaels wrote: »
    Have you got a buyer yet CN?

    It hasn't gone on the market yet, but will soon. We are still sorting things out (minor works etc.) but from what the ES's told us, August is a dead month anyway, so no hurry.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • wymondham
    wymondham Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic Mortgage-free Glee!
    That's about the 5th one this decade, or did you mean real ones, that actually happen?

    here's hoping.. :)
  • AFF8879
    AFF8879 Posts: 656 Forumite
    Ninth Anniversary 500 Posts Name Dropper
    wymondham wrote: »
    here's hoping.. :)

    Why would you hope for a house price crash? Do you think it would suddenly mean all lower income people will suddenly be able to buy a home?

    An economic shock severe enough to cause a house price crash in the UK will almost inevitably cause mass redundancies, pay cuts, and rises in rent....so not much chance of HPC = being able to get on the property ladder.
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    edited 26 August 2016 at 7:41AM
    They won't crash, far from it. Interest rates are even lower, people are piling back into the agents offices. Persimmon homes report buyer enquiries are up sharply

    A crash requires huge numbers of forced sellers, our gentle manage transition to becoming fully autonomous won't create anything other than great prosperoty

    19 out of the 20 main factors that drive FDI are not EU related, and there are now compelling reasons FDI will rise
  • A number of negative articles re House prices in today's newspapers.]

    Houses are unaffordable for a huge section of society. Why is an increase in affordability "negative"?
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