Debate House Prices


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Brexit is good for housing, it will bring about the correction sooner

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Some people say a correction in house prices is a bad thing, but actually it's a good thing for the uk.

Yes brexit will bring lower Josue prices and this is a good thing,mthis is why so many want it
Nothing has been fixed since 2008, it was just pushed into the future
«134567

Comments

  • triathlon
    triathlon Posts: 969 Forumite
    500 Posts Second Anniversary
    AG47 wrote: »
    Some people say a correction in house prices is a bad thing, but actually it's a good thing for the uk.

    Yes brexit will bring lower Josue prices and this is a good thing,mthis is why so many want it
    "A correction"

    A euphemism used by those who cannot or who are not willing to put the hours and work into buying their own home and want to destroy lives so they can pick over the bones and corpses later.
    Have people not learnt anything, for over two decades now a cult website has tried to do just that and failed. Sometimes there is a small part of me that thinks just maybe the housing market is maybe just a little too hard for some to get on, then I read posts like this and think things are just fine as they are.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    triathlon wrote: »
    "A correction"

    Something that occurs when people are blinded by euphoria. In the belief that "this time is different". Which it never is. Merely the cycle moving into a new phase. Then it starts all over again.
  • Rich2808
    Rich2808 Posts: 1,386 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Combo Breaker
    triathlon wrote: »
    "A correction"

    A euphemism used by those who cannot or who are not willing to put the hours and work into buying their own home and want to destroy lives so they can pick over the bones and corpses later.
    Have people not learnt anything, for over two decades now a cult website has tried to do just that and failed. Sometimes there is a small part of me that thinks just maybe the housing market is maybe just a little too hard for some to get on, then I read posts like this and think things are just fine as they are.

    Oh please!

    Prices are now ten times what they were twenty years ago in large parts of the country whereas wages have barely risen by comparison. People didn't work for their house price rises - financial, planning and housing policies and general government inactivity to deliver the housing supply our growing population needs caused that. Its a generational issue - homes a person on an average wage could have afforded in the mid 1990s are now only affordable to those on bankers salaries.

    No one who bought their home for £100k in the early 1990s - and its now worth a milllion or more earned that rise they just sat on their settees.

    So lets get real.

    Maybe you are some Ebenezeer Scrooge counting up your housing wealth - but some of us have younger family members who are really struggling to pay rent let alone afford a home. It is far harder now due to house price inflation than it was for you or me!

    PS oh I forgot if those young people didn't spend £30 a month on that iphone they could afford to buy a house for £400k on a £30k average salary! etc
  • triathlon
    triathlon Posts: 969 Forumite
    500 Posts Second Anniversary
    Thrugelmir wrote: »
    Something that occurs when people are blinded by euphoria. In the belief that "this time is different". Which it never is. Merely the cycle moving into a new phase. Then it starts all over again.


    Yep, I think that is the very same mantra housepricecrash.com have been using for 20 years now, well at least the less than 5% who are still left there. I am sure one day you will be proved right, but with an over populated UK with the 5th largest economy like ours I still think you will have a long wait.
  • triathlon
    triathlon Posts: 969 Forumite
    500 Posts Second Anniversary
    Rich2808 wrote: »
    Oh please!

    Prices are now ten times what they were twenty years ago in large parts of the country whereas wages have barely risen by comparison. People didn't work for their house price rises - financial, planning and housing policies and general government inactivity to deliver the housing supply our growing population needs caused that. Its a generational issue - homes a person on an average wage could have afforded in the mid 1990s are now only affordable to those on bankers salaries.

    No one who bought their home for £100k in the early 1990s - and its now worth a milllion or more earned that rise they just sat on their settees.

    So lets get real.

    Maybe you are some Ebenezeer Scrooge counting up your housing wealth - but some of us have younger family members who are really struggling to pay rent let alone afford a home. It is far harder now due to house price inflation than it was for you or me!

    PS oh I forgot if those young people didn't spend £30 a month on that iphone they could afford to buy a house for £400k on a £30k average salary! etc

    Life is tough, always has been. Some of us roll our sleeves up and take it on, others blame everyone else for those inevitable hardships we all have to take on. I was born with a handicap, never held me back, my Mum had MS for 2/3rds of her life, never stopped her.
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Rich2808 wrote: »
    Oh please!

    Prices are now ten times what they were twenty years ago in large parts of the country whereas wages have barely risen by comparison. People didn't work for their house price rises - financial, planning and housing policies and general government inactivity to deliver the housing supply our growing population needs caused that. Its a generational issue - homes a person on an average wage could have afforded in the mid 1990s are now only affordable to those on bankers salaries.

    No one who bought their home for £100k in the early 1990s - and its now worth a milllion or more earned that rise they just sat on their settees.

    So lets get real.

    Maybe you are some Ebenezeer Scrooge counting up your housing wealth - but some of us have younger family members who are really struggling to pay rent let alone afford a home. It is far harder now due to house price inflation than it was for you or me!

    PS oh I forgot if those young people didn't spend £30 a month on that iphone they could afford to buy a house for £400k on a £30k average salary! etc


    iPhone £30 per month,try in excess of £70
    Official MR B fan club,dont go............................
  • Rich2808
    Rich2808 Posts: 1,386 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Combo Breaker
    ess0two wrote: »
    iPhone £30 per month,try in excess of £70

    You are paying over the odds!

    https://www.sky.com/shop/mobile/phones/apple
  • lisyloo
    lisyloo Posts: 30,077 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    AG47 wrote: »
    Some people say a correction in house prices is a bad thing, but actually it's a good thing for the uk.

    Yes brexit will bring lower Josue prices and this is a good thing,mthis is why so many want it

    Depends what kind of brexit we get.
    If we get bino/brino then everything will be back to normal pronto and there won’t be a crash due to brexit.
  • Zero_Sum
    Zero_Sum Posts: 1,567 Forumite
    ess0two wrote: »
    iPhone £30 per month,try in excess of £70

    Depends which model & how much data.
    Think my OH pays about £35 for hers.
  • Norman_Castle
    Norman_Castle Posts: 11,871 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    triathlon wrote: »
    Life is tough, always has been. Some of us roll our sleeves up and take it on, others blame everyone else for those inevitable hardships we all have to take on.
    Maybe instead of blaming Brexiteers for the presumed property crash you're so scared of you should roll your sleeves up and take it on.
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