Is it really quiet for new listings?

MultiFuelBurner

The good looking houses, well priced with nice looking interiors seem to be flying off the shelf here. We have 7 saved on Rightmove last week and all sold STC.

Sarah1Mitty2

Do you have a link so we can follow the progress with PropertyLog?

Sarah1Mitty2

MobileSaver said:

Sarah1Mitty2 said:

MobileSaver said:

I'm sure most are like me and put almost everything on a credit card but also like me I'm sure many pay the full balance off every month. Do you really think loads of people who are finding money is tight are still going out and spending £30 on lunch for two?!?!

I didn't take that much interest in the mezzanine traders but from memory the ones we did stop at were in the main being paid in actual paper cash...

There is absolutely no way to know how strangers in a dining area run their credit card, or how many times they go out to spend money,

Of course you can't actually know but you can make educated guesses based on freely available stats.

The majority of people (something like two thirds, 66%) do not pay any interest on their credit card, either because they pay it off in full every month or have a zero percent promotion.

lookstraightahead said:

MobileSaver said:

lookstraightahead said:

MobileSaver said:

Of course but what is pretty much certain is that neither the Ideal Home show, the trader's stalls or the garden centre restaurants are selling anything that is essential - the point is that it's almost all discretionary WIBNIF stuff and people are still buying it however they are paying for it... many people's financial situation is nowhere near as dire as you would like it to be.

I don't think you would get a doctorate with your research methods tbf 🤓.

I don't think you need a doctorate to work out that fully booked restaurants being indicative of "money is tight" is a rather flawed hypothesis!

It actually tells us nothing except that people who go to the ideal home exhibition eat their dinner in a restaurant. It's a massive case of selection bias. 

This was a continuation of earlier posts of my own recent personal experiences; not just one but numerous fully booked restaurants, fully booked hotels and standing-room-only off-peak trains.

If you and @Sarah1Mitty2 want to convince yourselves that such observations somehow demonstrate many of those people are finding money is tight then knock yourself out but for me it's one of the more bizarre theories I've seen on this site!

I think most people accept that money is tighter for more people than it was two years ago, I don`t see any point in trying to overturn that basic fact with examples of seeing people out and about on a sunny day, and the problem with zero % card deals is that most of the people using them will eventually be paying interest at some point, the people who run their card at full payments every month (I am one of them BTW) are fewer than you think. Why would someone need a 0% promotion if they already pay their card in full every month?

housebuyer143

Sarah1Mitty2 said:

MobileSaver said:

Sarah1Mitty2 said:

MobileSaver said:

I'm sure most are like me and put almost everything on a credit card but also like me I'm sure many pay the full balance off every month. Do you really think loads of people who are finding money is tight are still going out and spending £30 on lunch for two?!?!

I didn't take that much interest in the mezzanine traders but from memory the ones we did stop at were in the main being paid in actual paper cash...

There is absolutely no way to know how strangers in a dining area run their credit card, or how many times they go out to spend money,

Of course you can't actually know but you can make educated guesses based on freely available stats.

The majority of people (something like two thirds, 66%) do not pay any interest on their credit card, either because they pay it off in full every month or have a zero percent promotion.

lookstraightahead said:

MobileSaver said:

lookstraightahead said:

MobileSaver said:

Of course but what is pretty much certain is that neither the Ideal Home show, the trader's stalls or the garden centre restaurants are selling anything that is essential - the point is that it's almost all discretionary WIBNIF stuff and people are still buying it however they are paying for it... many people's financial situation is nowhere near as dire as you would like it to be.

I don't think you would get a doctorate with your research methods tbf 🤓.

I don't think you need a doctorate to work out that fully booked restaurants being indicative of "money is tight" is a rather flawed hypothesis!

It actually tells us nothing except that people who go to the ideal home exhibition eat their dinner in a restaurant. It's a massive case of selection bias. 

This was a continuation of earlier posts of my own recent personal experiences; not just one but numerous fully booked restaurants, fully booked hotels and standing-room-only off-peak trains.

If you and @Sarah1Mitty2 want to convince yourselves that such observations somehow demonstrate many of those people are finding money is tight then knock yourself out but for me it's one of the more bizarre theories I've seen on this site!

I think most people accept that money is tighter for more people than it was two years ago, I don`t see any point in trying to overturn that basic fact with examples of seeing people out and about on a sunny day, and the problem with zero % card deals is that most of the people using them will eventually be paying interest at some point, the people who run their card at full payments every month (I am one of them BTW) are fewer than you think. Why would someone need a 0% promotion if they already pay their card in full every month?

So they can max it out and put the money into a high interest account. I am currently doing that with my 3 cards. You get free money by taking advantage of the 0% deals.

jonnydeppiwish!

Sarah1Mitty2 said:

MobileSaver said:

Sarah1Mitty2 said:

MobileSaver said:

I'm sure most are like me and put almost everything on a credit card but also like me I'm sure many pay the full balance off every month. Do you really think loads of people who are finding money is tight are still going out and spending £30 on lunch for two?!?!

I didn't take that much interest in the mezzanine traders but from memory the ones we did stop at were in the main being paid in actual paper cash...

There is absolutely no way to know how strangers in a dining area run their credit card, or how many times they go out to spend money,

Of course you can't actually know but you can make educated guesses based on freely available stats.

The majority of people (something like two thirds, 66%) do not pay any interest on their credit card, either because they pay it off in full every month or have a zero percent promotion.

lookstraightahead said:

MobileSaver said:

lookstraightahead said:

MobileSaver said:

Of course but what is pretty much certain is that neither the Ideal Home show, the trader's stalls or the garden centre restaurants are selling anything that is essential - the point is that it's almost all discretionary WIBNIF stuff and people are still buying it however they are paying for it... many people's financial situation is nowhere near as dire as you would like it to be.

I don't think you would get a doctorate with your research methods tbf 🤓.

I don't think you need a doctorate to work out that fully booked restaurants being indicative of "money is tight" is a rather flawed hypothesis!

It actually tells us nothing except that people who go to the ideal home exhibition eat their dinner in a restaurant. It's a massive case of selection bias. 

This was a continuation of earlier posts of my own recent personal experiences; not just one but numerous fully booked restaurants, fully booked hotels and standing-room-only off-peak trains.

If you and @Sarah1Mitty2 want to convince yourselves that such observations somehow demonstrate many of those people are finding money is tight then knock yourself out but for me it's one of the more bizarre theories I've seen on this site!

I think most people accept that money is tighter for more people than it was two years ago, I don`t see any point in trying to overturn that basic fact with examples of seeing people out and about on a sunny day, and the problem with zero % card deals is that most of the people using them will eventually be paying interest at some point, the people who run their card at full payments every month (I am one of them BTW) are fewer than you think. Why would someone need a 0% promotion if they already pay their card in full every month?

Money is tighter for some but definitely not all. We are seeing the opposite, much more people out in the pubs and local restaurants.

There does seem to be less people out buying but there are a lot of people, some of our friends as well as ourselves, who are currently spending significant sums on their own houses.

Money is there, it’s just those more financially savvy are spending on things to improve their own living standard, rather than on more frivolous items.

I could be wrong though, and everyone is skint. Crikey, best not have the drive done, or garden landscaped. The local businesses won’t get any of the money; instead it’ll stay in the bank.

Sarah1Mitty2

housebuyer143 said:

Sarah1Mitty2 said:

MobileSaver said:

Sarah1Mitty2 said:

MobileSaver said:

I'm sure most are like me and put almost everything on a credit card but also like me I'm sure many pay the full balance off every month. Do you really think loads of people who are finding money is tight are still going out and spending £30 on lunch for two?!?!

I didn't take that much interest in the mezzanine traders but from memory the ones we did stop at were in the main being paid in actual paper cash...

There is absolutely no way to know how strangers in a dining area run their credit card, or how many times they go out to spend money,

Of course you can't actually know but you can make educated guesses based on freely available stats.

The majority of people (something like two thirds, 66%) do not pay any interest on their credit card, either because they pay it off in full every month or have a zero percent promotion.

lookstraightahead said:

MobileSaver said:

lookstraightahead said:

MobileSaver said:

Of course but what is pretty much certain is that neither the Ideal Home show, the trader's stalls or the garden centre restaurants are selling anything that is essential - the point is that it's almost all discretionary WIBNIF stuff and people are still buying it however they are paying for it... many people's financial situation is nowhere near as dire as you would like it to be.

I don't think you would get a doctorate with your research methods tbf 🤓.

I don't think you need a doctorate to work out that fully booked restaurants being indicative of "money is tight" is a rather flawed hypothesis!

It actually tells us nothing except that people who go to the ideal home exhibition eat their dinner in a restaurant. It's a massive case of selection bias. 

This was a continuation of earlier posts of my own recent personal experiences; not just one but numerous fully booked restaurants, fully booked hotels and standing-room-only off-peak trains.

If you and @Sarah1Mitty2 want to convince yourselves that such observations somehow demonstrate many of those people are finding money is tight then knock yourself out but for me it's one of the more bizarre theories I've seen on this site!

I think most people accept that money is tighter for more people than it was two years ago, I don`t see any point in trying to overturn that basic fact with examples of seeing people out and about on a sunny day, and the problem with zero % card deals is that most of the people using them will eventually be paying interest at some point, the people who run their card at full payments every month (I am one of them BTW) are fewer than you think. Why would someone need a 0% promotion if they already pay their card in full every month?

So they can max it out and put the money into a high interest account. I am currently doing that with my 3 cards. You get free money by taking advantage of the 0% deals.

These deals only last for a few months though, and there are charges for taking cash out at the ATM on a credit card, the "profit" on this is hardly worth all the hassle surely? Mostly these deals are aimed at people who can`t manage their money.

Sarah1Mitty2

jonnydeppiwish! said:

Sarah1Mitty2 said:

MobileSaver said:

Sarah1Mitty2 said:

MobileSaver said:

I'm sure most are like me and put almost everything on a credit card but also like me I'm sure many pay the full balance off every month. Do you really think loads of people who are finding money is tight are still going out and spending £30 on lunch for two?!?!

I didn't take that much interest in the mezzanine traders but from memory the ones we did stop at were in the main being paid in actual paper cash...

There is absolutely no way to know how strangers in a dining area run their credit card, or how many times they go out to spend money,

Of course you can't actually know but you can make educated guesses based on freely available stats.

The majority of people (something like two thirds, 66%) do not pay any interest on their credit card, either because they pay it off in full every month or have a zero percent promotion.

lookstraightahead said:

MobileSaver said:

lookstraightahead said:

MobileSaver said:

Of course but what is pretty much certain is that neither the Ideal Home show, the trader's stalls or the garden centre restaurants are selling anything that is essential - the point is that it's almost all discretionary WIBNIF stuff and people are still buying it however they are paying for it... many people's financial situation is nowhere near as dire as you would like it to be.

I don't think you would get a doctorate with your research methods tbf 🤓.

I don't think you need a doctorate to work out that fully booked restaurants being indicative of "money is tight" is a rather flawed hypothesis!

It actually tells us nothing except that people who go to the ideal home exhibition eat their dinner in a restaurant. It's a massive case of selection bias. 

This was a continuation of earlier posts of my own recent personal experiences; not just one but numerous fully booked restaurants, fully booked hotels and standing-room-only off-peak trains.

If you and @Sarah1Mitty2 want to convince yourselves that such observations somehow demonstrate many of those people are finding money is tight then knock yourself out but for me it's one of the more bizarre theories I've seen on this site!

I think most people accept that money is tighter for more people than it was two years ago, I don`t see any point in trying to overturn that basic fact with examples of seeing people out and about on a sunny day, and the problem with zero % card deals is that most of the people using them will eventually be paying interest at some point, the people who run their card at full payments every month (I am one of them BTW) are fewer than you think. Why would someone need a 0% promotion if they already pay their card in full every month?

Money is tighter for some but definitely not all. We are seeing the opposite, much more people out in the pubs and local restaurants.

There does seem to be less people out buying but there are a lot of people, some of our friends as well as ourselves, who are currently spending significant sums on their own houses.

Money is there, it’s just those more financially savvy are spending on things to improve their own living standard, rather than on more frivolous items.

I could be wrong though, and everyone is skint. Crikey, best not have the drive done, or garden landscaped. The local businesses won’t get any of the money; instead it’ll stay in the bank.

Not everyone is skint, but going out to a free garden/home show and buying lunch and a coffee isn`t the same as buying a house for hundreds of thousands, of pounds or borrowing this amount, the cost of borrowing has changed and that is why new listings are sitting around much longer than they used to.

housebuyer143

Sarah1Mitty2 said:

housebuyer143 said:

Sarah1Mitty2 said:

MobileSaver said:

Sarah1Mitty2 said:

MobileSaver said:

I'm sure most are like me and put almost everything on a credit card but also like me I'm sure many pay the full balance off every month. Do you really think loads of people who are finding money is tight are still going out and spending £30 on lunch for two?!?!

I didn't take that much interest in the mezzanine traders but from memory the ones we did stop at were in the main being paid in actual paper cash...

There is absolutely no way to know how strangers in a dining area run their credit card, or how many times they go out to spend money,

Of course you can't actually know but you can make educated guesses based on freely available stats.

The majority of people (something like two thirds, 66%) do not pay any interest on their credit card, either because they pay it off in full every month or have a zero percent promotion.

lookstraightahead said:

MobileSaver said:

lookstraightahead said:

MobileSaver said:

Of course but what is pretty much certain is that neither the Ideal Home show, the trader's stalls or the garden centre restaurants are selling anything that is essential - the point is that it's almost all discretionary WIBNIF stuff and people are still buying it however they are paying for it... many people's financial situation is nowhere near as dire as you would like it to be.

I don't think you would get a doctorate with your research methods tbf 🤓.

I don't think you need a doctorate to work out that fully booked restaurants being indicative of "money is tight" is a rather flawed hypothesis!

It actually tells us nothing except that people who go to the ideal home exhibition eat their dinner in a restaurant. It's a massive case of selection bias. 

This was a continuation of earlier posts of my own recent personal experiences; not just one but numerous fully booked restaurants, fully booked hotels and standing-room-only off-peak trains.

If you and @Sarah1Mitty2 want to convince yourselves that such observations somehow demonstrate many of those people are finding money is tight then knock yourself out but for me it's one of the more bizarre theories I've seen on this site!

I think most people accept that money is tighter for more people than it was two years ago, I don`t see any point in trying to overturn that basic fact with examples of seeing people out and about on a sunny day, and the problem with zero % card deals is that most of the people using them will eventually be paying interest at some point, the people who run their card at full payments every month (I am one of them BTW) are fewer than you think. Why would someone need a 0% promotion if they already pay their card in full every month?

So they can max it out and put the money into a high interest account. I am currently doing that with my 3 cards. You get free money by taking advantage of the 0% deals.

These deals only last for a few months though, and there are charges for taking cash out at the ATM on a credit card, the "profit" on this is hardly worth all the hassle surely? Mostly these deals are aimed at people who can`t manage their money.

They are at least 18 months interest free and you don't take money out at the cash machine, you put all your spending onto it for everything until it's maxed out. Then that money you saved not using your debit card goes into the savings. At the end of the free period you pay it off and start again. I have been doing this the past 12 years and it works great.

Between my husband and I we are getting £100 month interest just from doing this. If you can manage your money then it's a great little earner.

lookstraightahead

jonnydeppiwish! said:

Sarah1Mitty2 said:

MobileSaver said:

Sarah1Mitty2 said:

MobileSaver said:

I'm sure most are like me and put almost everything on a credit card but also like me I'm sure many pay the full balance off every month. Do you really think loads of people who are finding money is tight are still going out and spending £30 on lunch for two?!?!

I didn't take that much interest in the mezzanine traders but from memory the ones we did stop at were in the main being paid in actual paper cash...

There is absolutely no way to know how strangers in a dining area run their credit card, or how many times they go out to spend money,

Of course you can't actually know but you can make educated guesses based on freely available stats.

The majority of people (something like two thirds, 66%) do not pay any interest on their credit card, either because they pay it off in full every month or have a zero percent promotion.

lookstraightahead said:

MobileSaver said:

lookstraightahead said:

MobileSaver said:

Of course but what is pretty much certain is that neither the Ideal Home show, the trader's stalls or the garden centre restaurants are selling anything that is essential - the point is that it's almost all discretionary WIBNIF stuff and people are still buying it however they are paying for it... many people's financial situation is nowhere near as dire as you would like it to be.

I don't think you would get a doctorate with your research methods tbf 🤓.

I don't think you need a doctorate to work out that fully booked restaurants being indicative of "money is tight" is a rather flawed hypothesis!

It actually tells us nothing except that people who go to the ideal home exhibition eat their dinner in a restaurant. It's a massive case of selection bias. 

This was a continuation of earlier posts of my own recent personal experiences; not just one but numerous fully booked restaurants, fully booked hotels and standing-room-only off-peak trains.

If you and @Sarah1Mitty2 want to convince yourselves that such observations somehow demonstrate many of those people are finding money is tight then knock yourself out but for me it's one of the more bizarre theories I've seen on this site!

I think most people accept that money is tighter for more people than it was two years ago, I don`t see any point in trying to overturn that basic fact with examples of seeing people out and about on a sunny day, and the problem with zero % card deals is that most of the people using them will eventually be paying interest at some point, the people who run their card at full payments every month (I am one of them BTW) are fewer than you think. Why would someone need a 0% promotion if they already pay their card in full every month?

Money is tighter for some but definitely not all. We are seeing the opposite, much more people out in the pubs and local restaurants.

There does seem to be less people out buying but there are a lot of people, some of our friends as well as ourselves, who are currently spending significant sums on their own houses.

Money is there, it’s just those more financially savvy are spending on things to improve their own living standard, rather than on more frivolous items.

I could be wrong though, and everyone is skint. Crikey, best not have the drive done, or garden landscaped. The local businesses won’t get any of the money; instead it’ll stay in the bank.

I think people might possibly be "living for today" and spending money they really don't have.

jimbog

Sarah1Mitty2 said:

These deals only last for a few months though...... deals are aimed at people who can`t manage their money.

Not at all, take a look at Martin's article here and it can be for up to 23 months and it'll save you ££££££

https://www.moneysavingexpert.com/credit-cards/best-0-credit-cards/