Please revoke the 'house price crash' thread ban

SquatNow

He said Crash!

Stone him! Stone him!

beingjdc

The only way to stop recessions is to stop booms. We have had a long boom, we're going to have a recession. The desirability doesn't enter into it. The long period of low interest rates and high asset inflation has punished those of us who save up and don't buy things we can't afford - the next phase will see someone else get hurt. There's no way of running the world which is good for everyone all the time.

SquatNow

beingjdc wrote: »

There's no way of running the world which is good for everyone all the time.

Unless you tax land which stops everyone speculating in it.

Ephemera

SquatNow wrote: »

Unless you tax land which stops everyone speculating in it.

Shhhh! I hope that doesn't mean my meagre 1 acre smallholding will attract excess tax when I'm trying to make it a carbon neutral, self sufficient, permaculture haven?

itsgototstop

Mrs._Vita wrote: »

It's funny how none of you HPI cheerleaders cried any tears over first time buyers struggling to buy a house during the boom.

Now, all of a sudden, everyone gets all compassionate.

It really is pathetic.

I think it was the remark that only debt junkies suffer in a recession (and deserve to) that upset people.

If you browse through the DFW forum its not debt junkies as you call them who get into debt by living beyond their means but often circumstances beyond their control, losing job, ill health relationship break down etc.

Similarly saying you are looking forward to a recession with all it entails so that you can buy your dream house for a lower price was ill advised.

I didn't get the impression you would be crying any tears for those who might get repossessed?.

itsgototstop

Mrs._Vita wrote: »

sorry sweetie, but recessions are only a bad thing if you are a debt junkie and have to pay the price for your over-indulgence.

for the rest of us prudent, sensible people who have lived within our means and have cash and a good credit rating, recessions are great.
They blow off all the froth and speculation and prices (of everything) get back to "normal"

nothing, and I mean nothing, will prevent this boom turning into a bust.

and I can't wait.

See above, it doesn't paint you in a good light. Smacks of I'm all right Jack.

HugoSP

Mrs._Vita wrote: »

It's funny how none of you HPI cheerleaders cried any tears over first time buyers struggling to buy a house during the boom.

Now, all of a sudden, everyone gets all compassionate.

It really is pathetic.

I don't know if I am an HPI cheerleader or not, but I'll assume as I did get compassionate about your post, then I'll assume that I am part of the 'problem'.

No we didn't cry over it, that wouldn't have helped anyone - we tried to be positive.

Some of us even tried to help people on this forum get value for money when buying houses by:

Negotiating on price
Buying a wreck with potential and doing some of the work themselves
Buying in areas that are undergoing a revival.
Plus more...

If you want a discussion, fine but at least either try and defend your statements or accept that they may be innacurate.

Instead you just posted as above

Why?

itsgototstop

Obviously a wind up IMO.......wouldn't be the first time;)

itsgototstop

Ok, I'm genuinely interested in why you think it is only debt junkies that suffer in a recession? and why you think "debt junkies" are only in debt because they are spendthrifts?.

And why do you think a recession would be great?.

Surely a drop in house prices in real terms on its own is the desired outcome not full blown economic depression?.

Nenen

jamesd wrote: »

abaxas, to summarise the poll result:

Crash expected: 10%
No crash expected: 85%
No opinion: 5%
For a resounding 90% who do not agree that there will be a crash in 2008.
It's not a poll about HPC discussion threads here but if you really do think it should be acted on on that basis, you just lost your argument.
Your claim that a poll that so thoroughly contradicts the HPC view supports it even though it does exactly the opposite, and claiming that it's about the threads here when it isn't both illustrate well the problems with the HPC threads.

Jamesd... where do you get those figures from? These are the actual figures copied and pasted directly from the poll:
"Poll ran between 21-29 January 2008:
Will house prices crash? What will happen to UK house prices in 2008?

A. Increase over 20% - 1% (81 votes)
B. Increase 10-20% - 1% (111 votes)
C. Increase 5-10% - 4% (452 votes)
D. Increase 2-5% - 12% (1255 votes)
E. No real change - 18% (1986 votes)
F. Decrease 2-5% - 20% (2143 votes)
G. Decrease 5-10% - 17% (1865 votes)
H. Decrease 10-20% (smaller crash) - 13% (1389 votes)
I. Decrease over 20% (crash) - 10% (1040 votes)
J. I really have no idea - 5% (522 votes) "

My calculations would suggest that:
people voting A, B, C & D (1% + 1% + 4% + 12% = 18%) think prices will increase;
people voting E (18%) think there will be no change;
people voting F, G, H & I (20% + 17% + 13% + 10% = 60%) think prices will decrease;
people voting J (5%) have no idea.

These figures show that the majority (60%) think HPs will decrease against only 40% who think they will increase, stagnate or have no idea!

Personally I find it astonishing that people who want to discuss Argos deals, mobile phones or 'gone but not forgotten freebies' have their own sub-boards but people wanting up to date information on the housing market are confined to one sticky (currently running at 59 pages, 1150 posts and viewed 57,350 times)!