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Positivity about the Housing Market at Last!!!

butterflysam
butterflysam Posts: 40 Forumite
in House buying, renting & selling
:j

It's nice to begin the week with something positive about the housing market for a change.

http://www.telegraph.co.uk/property/main.jhtml?xml=/property/2008/03/16/pspring116.xml&page=1
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Comments

  • dolcevita
    dolcevita Posts: 37 Forumite
    could you please explain to me (in simple terms because I'm a bit thick) why rising house prices are a good thing.

    thank you
  • abaxas
    abaxas Posts: 4,141 Forumite
    butterflysam wrote: »
    :j

    It's nice to begin the week with something positive about the housing market for a change.

    http://www.telegraph.co.uk/property/main.jhtml?xml=/property/2008/03/16/pspring116.xml&page=1

    Sorry but that is a load of tosh.

    There is about as much chance of a 'spring bounce' as a Michael Jackson and Garry Glitter comeback duet.
  • dannyboycey
    dannyboycey Posts: 1,060 Forumite
    dolcevita wrote: »
    I'm a bit thick

    If you are thick, then they are positively insane.
  • dannyboycey
    dannyboycey Posts: 1,060 Forumite
    abaxas wrote: »
    Sorry but that is a load of tosh.

    There is about as much chance of a 'spring bounce' as a Michael Jackson and Garry Glitter comeback duet.

    There's as much chance of them getting it on and producing a lovechild called rainbow.
  • carolt
    carolt Posts: 8,531 Forumite
    But the daffodils in the picture are lovely.

    Aaah, spring.... :D
  • sm9ai
    sm9ai Posts: 485 Forumite
    Thats nice because as this week progresses the fall out from america is likely to get worse.
  • dannyboycey
    dannyboycey Posts: 1,060 Forumite
    sm9ai wrote: »
    Thats nice because as this week progresses the fall out from america is likely to get worse.

    If you're talking Bear Stearns, that is undoubtedly going to have a big affect on OUR housing market.

    The housing market is toast. But it actually seems quite a small issue now when you look at the bigger economic picture. I think house prices will be the least of our worries - simply holding onto a job will be more of a concern!
  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    Asking Phil Spencer & EA's about the current housing crash is like asking turkeys about Christmas. That article is not journalism, but a kamikaze attempt to talk up the market.
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • johnycoldears
    johnycoldears Posts: 119 Forumite
    dannyboycey wrote: »
    If you're talking Bear Stearns, that is undoubtedly going to have a big affect on OUR housing market.

    The housing market is toast. But it actually seems quite a small issue now when you look at the bigger economic picture. I think house prices will be the least of our worries - simply holding onto a job will be more of a concern!


    100% agreed.

    In fact the only way this depressionary spiral can be slowed is if the fall in house prices can be stabilised, meaning that Bank's collateral is actually worth what they've loaned.

    I don't think this is going to happen, and as you say I think falling house prices are going to be the least of peoples worries soon
  • neilp
    neilp Posts: 210 Forumite
    The comments at the end of the Telegraph piece make entertaining reading, and are probably a better assessment of the state of the UK housing market!
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