Do you want house price to rise or fall?

DavidJonas

Fall.

Who wants high prices in anything? Beer, petrol, bread? High prices make society poorer. They reflect scarcity.

Of course, some people benefit.

High medical prices in the USA mean doctors can live in mansions while sick people take on life ruining debts in order to stay alive. Or, if their insurers baulk at the cost, they don't (stay alive).

High bread prices benefit people hoarding flour. And so on.

People speculating in an asset want to see the price of that asset rise, naturally. Unfortunately, shelter is a basic human need. Speculation in art harms almost nobody. Speculating in shelter, water, medicines, staple foods.. not so much.

lisyloo

Who wants high prices in anything?

sellers (including people going down market)

Beer, petrol, bread?

Those aree consumables. You use them, then they are gone, so not the same as property.

Unfortunately, shelter is a basic human need.

It's widely agreed that ownership of housing is not.


I would agree that our housing market should not be used for speculation.
We should have tighter rules for people buying them and not living in them (punitive taxes that are put towards afforable housing or even banned).

buglawton

lisyloo wrote: »

This is the operative phrase.
If you sign an estate agents contract then you give your permission for this and the vast majority of estate agents will have this covered.

If you leave your rolex collection or your smalls on view when you know the photos are being taken then you're an idiot.

Nope. If permission was granted pre GDPR, the information stakeholders needed to be asked again for permission to retain the info/re-agree to terms & conditions. This is why so many of us got GDPR 'spam'. Technically, if you don't reply to those emails with consent to keep the info, it must be deleted.
This most especially applies to companies holding databases of information they'd like to keep permanently.

lisyloo

This is why so many of us got GDPR 'spam'.

Yes because companies are by and large on top of it.
What makes you think there is an issue?

buglawton

The issue is that Rightmove hasn't done what I described in post #264.
The 'GDPR spammers' have.

PokerPlayer111

DavidJonas wrote: »

Unfortunately, shelter is a basic human need.

lisyloo wrote: »

It's widely agreed that ownership of housing is not.

House ownership is still going to fit somewhere more towards the lower end of maslow's hierarchy of needs triangle right now in 2018 britain. Depends on the alternatives to ownership and what they mean.

lisyloo

PokerPlayer111 wrote: »

House ownership is still going to fit somewhere more towards the lower end of maslow's hierarchy of needs triangle right now in 2018 britain. Depends on the alternatives to ownership and what they mean.

What’s your point?
I would agree it’s highly desireable.

PokerPlayer111

lisyloo wrote: »

What’s your point?
I would agree it’s highly desireable.

If renting starts to improve dramatically ownership becomes less of a required need.

lookstraightahead

House ownership won't be seen as the be all and end all like it was/is at present. People are more interested in other investment as the hosting market it so fickle / out of reach / too risky. It will become an old fashioned past time like darning socks or a wash and set.

I think there is an unhealthy desire / habit of property ownership and far too much emphasis is placed on it above other life experiences, especially those who are young.

chucknorris

lookstraightahead wrote: »

House ownership won't be seen as the be all and end all like it was/is at present. People are more interested in other investment as the hosting market it so fickle / out of reach / too risky. It will become an old fashioned past time like darning socks or a wash and set.

I think there is an unhealthy desire / habit of property ownership and far too much emphasis is placed on it above other life experiences, especially those who are young.

For quite a few years now I have favoured equities over property, but I'm talking about investment property, not buying a home. I can't see the day when I would prefer equities (or any other investment) to owning my own home (I'm classing it as an investment, because I could sell, rent a home, and invest the equity elsewhere). But owning your own home is so much more than merely an investment, especially for me, being a dog lover, and I know how harder it is to find decent holiday accommodation with a dog, so I imagine it is much more difficult finding a decent rental property with a dog. There are of course other advantages to owning your own home, that is just one example.