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House Price Rise Discussion Thread

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Comments

  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    FWIW, I think the house price crash thread should be an HPI/HPC thread. WTFDIK though?
  • A house's value is only what someone is prepared to pay for it,not what all these so called experts say.

    Pickels don't be a f*ckwit, a house is worth what a bank is willing to lend.

    Home buyers have been duped into the over valuation of property by cheap and easy money - you may have noticed that the days of cheap money have gone, (check out the sob stories in the mortgage and endowment board).

    I can tell you that we are in for the mother of all house price corrections - 100% guaranteed:D
  • franklee
    franklee Posts: 3,867 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    Notlob wrote: »
    Not if you live near the coast! Buy a houseboat, haven't you heard, the sea will take over in a few years.

    That's not in the script :confused: ...
    Notlob wrote: »
    Franklee, I'm pleased you took it in good spirits.

    ... if you're not quoting from GWTW then I'm a bit worried at your calling me dear :blushing:
    Generali wrote: »
    FWIW, I think the house price crash thread should be an HPI/HPC thread. WTFDIK though?

    I ain't going to the ghetto with the neg heads :(
  • http://www.telegraph.co.uk/opinion/main.jhtml?xml=/opinion/2007/10/20/do2005.xml

    The housing market is not all doom and gloom
    By Patrick Minford, Professor of Applied Economics at Cardiff Business School
    For several years now it has been fashionable to say the housing market is about to collapse. Of course, nothing is certain in markets and it is always possible. But it has not happened. Indeed, the opposite: house prices adjusted for inflation have continued to rise. Even in the middle of this year they were up by seven per cent or so.
    So, looking ahead, the housing market will be cooling down over the next few years, with prices rising only a little bit faster than inflation. Furthermore, particular sectors and regions will vary as always; flats are in oversupply but London remains as hot as ever. The forces that create excess demand are still there, driving underlying prices upwards as the market cools. It looks like doom and gloom postponed one more time.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
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