House Price Crash Discussion Thread

DreamBreaker

boinging wrote: »

Just out of interest - where did I misquote what you said?

You never dind unless you are skap7309

DreamBreaker

carpetbelly wrote: »

True, but then it's do you save up even more and hope for price drops that are big enough to make a nice difference that you can start up that ladder higher up. Or do what a lot of people do which is start somewhere lower and work your way up.

Not a choice I'd want to make for someone. Whenever and whereever someone buys they've got to be sure they're going to be happy in their new home.

Also, I grew up on council estates as a kid, I earn over the average wage and bought my first property on a council estate. There's nothing wrong with a lot of them.

Thanks thats partly what I said, why do people these days want the best immediately, I didn't get that and many others didn't. On that wage he should be able to afford a decent property. What on earth does he want?

DreamBreaker

hgllgh wrote: »

If that's the first asking price then an eventual selling price in the current market may be close to around 140K.... propertysnake.co.uk

Still a property price rise then!

DreamBreaker

dolce_vita wrote: »

You are in for a rude awakening.

And a lesson in economic cycles.

Pray your right sounds like you need to be!

DreamBreaker

boinging wrote: »

What tosh! I am actively looking to buy. This will be my 3rd house, but I saw this coming and got out and went into rented. As every month passes, not only is what I can get for my money becoming more substantial but also the desposit is sat earning interest.

lol as I say you just proved my point. You do not currently own a house you are waiting to buy and are in rented? What on earth did you hope prove with that point ?

boinging_2

DreamBreaker wrote: »

You never dind unless you are skap7309

The point is you think that property prices are not going to decrease by much (even though we are now 3 - 4% down in a quarter).

I do, I think that with the current conditions economically 10%+ price reductions on asking prices is where we will be. With actual sale prices being 15% off asking prices today.

If you don't agree, then fine, you keep to your train of thought. I believe I'm doing the right thing. Maybe we'll have to come back on here in 12 months to see who was right?

Romani_Ite_Domum

DreamBreaker wrote: »

Don't waste your time, its obviously some sort of idiot trying to misquote me!!!

Put any discussion of a market correction into one tread and then come up with this idiot to rubbish it. Might as well just go back to the main board to discuss house prices. After all they are coming down now so why not?

tr3mor

DreamBreaker wrote: »

I would not say all people who don't believe that the housing market is going to crash are "head in the sand brigade" so won't stay around. It's just the vast majority of people who own a house already could not really give a sh*t what happens to house prices.

Why are you insisting on trolling the board then?

dolce_vita

tr3mor wrote: »

Why are you insisting on trolling the board then?

I think it has been safely established that "dreamer" is just an HPI cheerleader who has no idea about the cyclic nature of property prices and is best ignored.

Snow_Dog

dolce_vita wrote: »

I think it has been safely established that "dreamer" is just an HPI cheerleader who has no idea about the cyclic nature of property prices and is best ignored.

I think it has been safely established that "dreamer" is a noisy poster that could probably carry a 16 way discussion in an empty room.