House Price predictions

need_an_answer

Moneygrabber89 wrote: »

Ok Thanks.



I!!!8217;m not wanting hassle just opinions and didn!!!8217;t realise I was on the wrong thread. Moving forward I will try find the debate thread.

for reference
https://forums.moneysavingexpert.com/forumdisplay.php?f=149

lookstraightahead

I think the biggest shock will be with interest rises. Lots of people have gotten used to relatively low interest payments and not considered a rise in their budgeting. This could have a knock on effect.

Gwendo40

The trouble with the debate boards is they are dominated by a small but very vociferous group of posters who are very heavily invested in property (both financially and emotionally) so you don't really tend to get a balanced debate or impartial opinion.

need_an_answer

Gwendo40 wrote: »

The trouble with the debate boards is they are dominated by a small but very vociferous group of posters who are very heavily invested in property (both financially and emotionally) so you don't really tend to get a balanced debate or impartial opinion.

Which is why I suggested the OP struck up a PM conversation with our very own Crashy.

Hes our resident debater on house prices

Crashy_Time

lookstraightahead wrote: »

I think the biggest shock will be with interest rises. Lots of people have gotten used to relatively low interest payments and not considered a rise in their budgeting. This could have a knock on effect.

Yep, and Brexit is shaping up to be "disorderly" as well?

Crashy_Time

Gwendo40 wrote: »

The trouble with the debate boards is they are dominated by a small but very vociferous group of posters who are very heavily invested in property (both financially and emotionally) so you don't really tend to get a balanced debate or impartial opinion.

Yes, I think the "debate" board is only there to give posters who can`t be civil to people who state the obvious - Houses are too expensive - a place to rant away to half a dozen or so posters who share the same views about "Renters", "Crash-Trolls" etc. It`s a bit like the scene in Cujo where the dog is so maddened by the disease eating away at it that it just runs head first into the car and expects something to happen, nobody really cares and economic reality will eventually assert itself anyway

getmore4less

Gwendo40 wrote: »

The trouble with the debate boards is they are dominated by a small but very vociferous group of posters who are very heavily invested in property (both financially and emotionally) so you don't really tend to get a balanced debate or impartial opinion.

where as this board is dominated by one person not invested in property, still unable to grasp it was the biggest financial mistake they have ever made and is an emotional wreck.

silvercar

Moving this thread for better responses

caronoel

Aaah, fond memories of brit1234's prediction of 50% drop by Christmas 2009.

We don't see that wise old owl much on here any more.

Perhaps he finally grew a pair, and bought

westernpromise

LOL @ brit1234. That's what happens if you mistake crashtrolls for thoughtful commentators.

I wonder by what date Crashy think prices will be 130% down? He's badly out of pocket if they don't fall that far.