Housing market move given Brexit and interest rise

ukcarper

Crashy_Time wrote: »

There are about six or seven regular posters.......all singing from the same hymn sheet

I admit there are a couple of posters that are the opposite of you, but the majority realise that the housing market is very complicated and claiming you can accurately predict it is nonsense.

Anyway the point is this is a help board and the other is a discussion board and that is where this thread should be, there is nothing stopping you and others posting on there.

Crashy_Time

ukcarper wrote: »

I admit there are a couple of posters that are the opposite of you, but the majority realise that the housing market is very complicated and claiming you can accurately predict it is nonsense.

Anyway the point is this is a help board and the other is a discussion board and that is where this thread should be, there is nothing stopping you and others posting on there.

It isn`t complicated, it runs on sentiment and availability of credit, plus some supply and demand thrown in, but demand at a certain price can only happen if the credit/interest rates support it. Most sensible people can now see that there was a massive bubble that is now bursting IMO.

Tiners

ukcarper wrote: »

No it's not many just don't subscribe The HPC rhetoric.

That's my point, they (the small clique of vociferous posters) are the polar opposite of HPCers...
they'll deny that there are any problems at all with current UK property market, that affordability simply isn't an issue and houses are just as affordable as they've ever been, that availability of credit plays no part in things, even that current interest rates are at ''about the historical average'':rotfl:

bob_bank_spanker

Tiners wrote: »

That's my point, they (the small clique of vociferous posters) are the polar opposite of HPCers...
they'll deny that there are any problems at all with current UK property market, that affordability simply isn't an issue and houses are just as affordable as they've ever been, that availability of credit plays no part in things, even that current interest rates are at ''about the historical average'':rotfl:

Has anyone actually said that?

Tiners

bob_bank_spanker wrote: »

Has anyone actually said that?

Definitely yes.

I don't have the time or the desire to trawl through that forum to try and find the specific thread/post but that claim was definitely made and it was, I'm certain, made by one of the regular ''much respected'' contributors.

Crashy_Time

ukcarper wrote: »

I admit there are a couple of posters that are the opposite of you, but the majority realise that the housing market is very complicated and claiming you can accurately predict it is nonsense.

Anyway the point is this is a help board and the other is a discussion board and that is where this thread should be, there is nothing stopping you and others posting on there.

I am not claiming to be able to accurately predict the housing market, just that there is a massive bubble and that when it pops there will be a mess. Most people are awake to this now, the audience were even saying on QT that HTB isn`t the answer! The word just needs to filter through to the debate forum and then more or less the whole country will be clued in...:rotfl:

Crashy_Time

Brexit effect already taking effect?


https://www.theguardian.com/business/2017/oct/09/uk-rents-fall-amid-property-glut-in-south-east-england

_CC_

Tiners wrote: »

Definitely yes.

I don't have the time or the desire to trawl through that forum to try and find the specific thread/post but that claim was definitely made and it was, I'm certain, made by one of the regular ''much respected'' contributors.

That's convenient

ukcarper

Crashy_Time wrote: »

It isn`t complicated, it runs on sentiment and availability of credit, plus some supply and demand thrown in, but demand at a certain price can only happen if the credit/interest rates support it. Most sensible people can now see that there was a massive bubble that is now bursting IMO.

If it's that simply why have you others been predicting a crash that hasn't happened in fact prices have increased considerably.

ukcarper

Tiners wrote: »

That's my point, they (the small clique of vociferous posters) are the polar opposite of HPCers...
they'll deny that there are any problems at all with current UK property market, that affordability simply isn't an issue and houses are just as affordable as they've ever been, that availability of credit plays no part in things, even that current interest rates are at ''about the historical average'':rotfl:

But that's the point it's a discussion board and it has people with all types of views, this is a help board and is not the place for wild speculation.