Debate House Prices


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Has the market peaked?

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Comments

  • westernpromise
    westernpromise Posts: 4,833 Forumite
    brit1234 wrote: »
    Yes prices pretty much every where have peaked

    Remind me again how long you've thought that? Isn't it about 5 years now?
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    westernpromise wrote: »
    What is happening is that you are finding out the real market value of your labour. If you thought it was higher than this, you'd quit, and you'd be able get another job on the previous money. As that's not happening, the unavoidable inference is that you were and perhaps still are overpaid, at taxpayers' expense.

    Many of those who took redundancy packages are struggling to find comparably paid jobs in the private sector.
  • chucknorris
    chucknorris Posts: 10,793 Forumite
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    westernpromise wrote: »
    Remind me again how long you've thought that? Isn't it about 5 years now?

    We've just sold two properties, so the market couldn't have peaked, my life just doesn't work out that way.
    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
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    chucknorris wrote: »
    We've just sold two properties, so the market couldn't have peaked, my life just doesn't work out that way.

    Perhaps your timing has been perfect. :cool:
  • thepurplepixie
    thepurplepixie Posts: 3,703 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Where I live all the big builder seem to be building on every piece of spare land they can get planning permission for. I've lost count of the number of new developments, some for 20 or so houses and some for hundreds. They are currently fighting for planning permission on some other sites. The only problem is the roads can't cope.
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Thrugelmir wrote: »
    Perhaps your timing has been perfect. :cool:

    It might be god timing is there is a bit of a dip, although we do have another property to shift soon, we can easily hang on a few years, and on the other hand we are looking to seriously upsize our home. But at the end of the day I'm not going to be phased by what the market does, it'll do what it does whether I get excited about it or not.
    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
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    chucknorris wrote: »
    It might be god timing is there is a bit of a dip, although we do have another property to shift soon, we can easily hang on a few years, and on the other hand we are looking to seriously upsize our home. But at the end of the day I'm not going to be phased by what the market does, it'll do what it does whether I get excited about it or not.

    You are the market. If enough people hold a similar view and follow a similar course of action. Then the direction of travel will be influenced. In reality takes a very low level of transactions to create a media storm.
  • padington
    padington Posts: 3,121 Forumite
    edited 26 May 2017 at 7:27PM
    thepurplepixie wrote: »
    Where I live all the big builder seem to be building on every piece of spare land they can get planning permission for. I've lost count of the number of new developments, some for 20 or so houses and some for hundreds. They are currently fighting for planning permission on some other sites. The only problem is the roads can't cope.

    The roads will be able to cope. Google 'Tony Seba'.

    The cities are going to enjoy a clean automated revolution, in just 13 years and their allure will increase heavily.
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • elephantrosie
    elephantrosie Posts: 467 Forumite
    chucknorris wrote: »
    We've just sold two properties, so the market couldn't have peaked, my life just doesn't work out that way.

    clever sellers do it now.
    uninformed buyers buy it now.
    Another night of thankfulness.
  • economic
    economic Posts: 3,002 Forumite
    im glad I sold mine.
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