Is it a good time to buy a house and fix the interest rate for as long as you can?

jimbog

lookstraightahead said:

There are good deals out there but people want to pay over asking fir some reason.

The reason isn't difficult to fathom. Because there is only one house they want, and it's that one (location/look/style etc.) they will be prepared to go over the asking price to secure it. Renovations are particularly expense to undertake now and is extra hassle

It is unlike buying a particular model and make of a car where there is numerous availability that are all of a muchness

Crashy_Time

jimbog said:

lookstraightahead said:

There are good deals out there but people want to pay over asking fir some reason.

The reason isn't difficult to fathom. Because there is only one house they want, and it's that one (location/look/style etc.) they will be prepared to go over the asking price to secure it. Renovations are particularly expense to undertake now and is extra hassle

It is unlike buying a particular model and make of a car where there is numerous availability that are all of a muchness

This covers flats, terraced houses, new-builds and even a lot of detached? Not sure what your point is TBH......

lookstraightahead

jimbog said:

lookstraightahead said:

There are good deals out there but people want to pay over asking fir some reason.

The reason isn't difficult to fathom. Because there is only one house they want, and it's that one (location/look/style etc.) they will be prepared to go over the asking price to secure it. Renovations are particularly expense to undertake now and is extra hassle

It is unlike buying a particular model and make of a car where there is numerous availability that are all of a muchness

Yes there are some blinkered people who do that, I agree.
There are hundreds of thousands of houses available, and I agree, some just don't want to think outside the box.

SpiderLegs

lookstraightahead said:

jimbog said:

lookstraightahead said:

There are good deals out there but people want to pay over asking fir some reason.

The reason isn't difficult to fathom. Because there is only one house they want, and it's that one (location/look/style etc.) they will be prepared to go over the asking price to secure it. Renovations are particularly expense to undertake now and is extra hassle

It is unlike buying a particular model and make of a car where there is numerous availability that are all of a muchness

Yes there are some blinkered people who do that, I agree.
There are hundreds of thousands of houses available, and I agree, some just don't want to think outside the box.

How surprising that most people would rather not start winging it with the largest single purchase they will ever make.

lookstraightahead

SpiderLegs said:

lookstraightahead said:

jimbog said:

lookstraightahead said:

There are good deals out there but people want to pay over asking fir some reason.

The reason isn't difficult to fathom. Because there is only one house they want, and it's that one (location/look/style etc.) they will be prepared to go over the asking price to secure it. Renovations are particularly expense to undertake now and is extra hassle

It is unlike buying a particular model and make of a car where there is numerous availability that are all of a muchness

Yes there are some blinkered people who do that, I agree.
There are hundreds of thousands of houses available, and I agree, some just don't want to think outside the box.

How surprising that most people would rather not start winging it with the largest single purchase they will ever make.

Most people? How are people 'winging it' by looking at various options?

jimbog

lookstraightahead said:

jimbog said:

lookstraightahead said:

There are good deals out there but people want to pay over asking fir some reason.

The reason isn't difficult to fathom. Because there is only one house they want, and it's that one (location/look/style etc.) they will be prepared to go over the asking price to secure it. Renovations are particularly expense to undertake now and is extra hassle

It is unlike buying a particular model and make of a car where there is numerous availability that are all of a muchness

Yes there are some blinkered people who do that, I agree.
There are hundreds of thousands of houses available, and I agree, some just don't want to think outside the box.

You're agreeing with me on two things I didn't say which is a little odd

Crashy_Time

lookstraightahead said:

SpiderLegs said:

lookstraightahead said:

jimbog said:

lookstraightahead said:

There are good deals out there but people want to pay over asking fir some reason.

The reason isn't difficult to fathom. Because there is only one house they want, and it's that one (location/look/style etc.) they will be prepared to go over the asking price to secure it. Renovations are particularly expense to undertake now and is extra hassle

It is unlike buying a particular model and make of a car where there is numerous availability that are all of a muchness

Yes there are some blinkered people who do that, I agree.
There are hundreds of thousands of houses available, and I agree, some just don't want to think outside the box.

How surprising that most people would rather not start winging it with the largest single purchase they will ever make.

Most people? How are people 'winging it' by looking at various options?

Exactly, LOL, if they do get forced into cranking rates a LOT of property is just going to be back to being four basic walls and a roof, not some form of gold dust that people have to "compete" over.

SpiderLegs

Crashy_Time said:

lookstraightahead said:

SpiderLegs said:

lookstraightahead said:

jimbog said:

lookstraightahead said:

There are good deals out there but people want to pay over asking fir some reason.

The reason isn't difficult to fathom. Because there is only one house they want, and it's that one (location/look/style etc.) they will be prepared to go over the asking price to secure it. Renovations are particularly expense to undertake now and is extra hassle

It is unlike buying a particular model and make of a car where there is numerous availability that are all of a muchness

Yes there are some blinkered people who do that, I agree.
There are hundreds of thousands of houses available, and I agree, some just don't want to think outside the box.

How surprising that most people would rather not start winging it with the largest single purchase they will ever make.

Most people? How are people 'winging it' by looking at various options?

Exactly, LOL, if they do get forced into cranking rates a LOT of property is just going to be back to being four basic walls and a roof, not some form of gold dust that people have to "compete" over.

Wow. Poorer quality housing. Is that what you’re hoping for crashy? How very very sad.

Crashy_Time

SpiderLegs said:

Crashy_Time said:

lookstraightahead said:

SpiderLegs said:

lookstraightahead said:

jimbog said:

lookstraightahead said:

There are good deals out there but people want to pay over asking fir some reason.

The reason isn't difficult to fathom. Because there is only one house they want, and it's that one (location/look/style etc.) they will be prepared to go over the asking price to secure it. Renovations are particularly expense to undertake now and is extra hassle

It is unlike buying a particular model and make of a car where there is numerous availability that are all of a muchness

Yes there are some blinkered people who do that, I agree.
There are hundreds of thousands of houses available, and I agree, some just don't want to think outside the box.

How surprising that most people would rather not start winging it with the largest single purchase they will ever make.

Most people? How are people 'winging it' by looking at various options?

Exactly, LOL, if they do get forced into cranking rates a LOT of property is just going to be back to being four basic walls and a roof, not some form of gold dust that people have to "compete" over.

Wow. Poorer quality housing. Is that what you’re hoping for crashy? How very very sad.

LOL, no I mean the existing basic property that makes up much of the housing stock will just be priced as it should have been all along, not that they will somehow reduce it`s quality, that would be like the notion that houses disappear when landlords sell them, LOL.

SpiderLegs

Crashy_Time said:

SpiderLegs said:

Crashy_Time said:

lookstraightahead said:

SpiderLegs said:

lookstraightahead said:

jimbog said:

lookstraightahead said:

There are good deals out there but people want to pay over asking fir some reason.

The reason isn't difficult to fathom. Because there is only one house they want, and it's that one (location/look/style etc.) they will be prepared to go over the asking price to secure it. Renovations are particularly expense to undertake now and is extra hassle

It is unlike buying a particular model and make of a car where there is numerous availability that are all of a muchness

Yes there are some blinkered people who do that, I agree.
There are hundreds of thousands of houses available, and I agree, some just don't want to think outside the box.

How surprising that most people would rather not start winging it with the largest single purchase they will ever make.

Most people? How are people 'winging it' by looking at various options?

Exactly, LOL, if they do get forced into cranking rates a LOT of property is just going to be back to being four basic walls and a roof, not some form of gold dust that people have to "compete" over.

Wow. Poorer quality housing. Is that what you’re hoping for crashy? How very very sad.

LOL, no I mean the existing basic property that makes up much of the housing stock will just be priced as it should have been all along, not that they will somehow reduce it`s quality, that would be like the notion that houses disappear when landlords sell them, LOL.

Presumably existing basic property today is not basic four walls and a roof, but it will miraculously become that if the price drops.

I’m not really sure what that actually means crashy. How will it suddenly become basic?

Are you trying to make some vague point about how people may perceive owning a property if the minimum 60% price drop which you need to break even comes to fruition?