House prices: disaster ahead - today's Times

carolt

THSHARIF wrote: »

I have had my offer accepted on a house for 129000, I have a 25% deposit shall I pull out and wait for the prices to drop.

Have a look at this thread - covers very similar ground.

http://forums.moneysavingexpert.com/showthread.html?t=859551

carolt

JonnyBravo wrote: »

You hope.... are you sure he won't be handing out the cigars?

Sorry - that makes me feel a bit sick.

Not really funny, little Jonny.

JonnyBravo

carolt wrote: »

Sorry - that makes me feel a bit sick.

Not really funny, little Jonny.

Come come carolt.... you're built of sterner stuff than that.... we've seen it before

carolt

JonnyBravo wrote: »

Come come carolt.... you're built of sterner stuff than that.... we've seen it before

Actually no. My marriage and children are not things I wish to bring into discussion, in a comical vein, on a house price discussion forum. Sorry. I'm sure you wouldn't be happy if I posted rude stuff about your wife. It's not relevant and it's not even funny.

I know you write in jest; but TBH, one of your failings is sometimes, just sometimes, you don't know when to stop.

JonnyBravo

carolt wrote: »

Actually no. My marriage and children are not things I wish to bring into discussion, in a comical vein, on a house price discussion forum. Sorry. I'm sure you wouldn't be happy if I posted rude stuff about your wife. It's not relevant and it's not even funny.

I know you write in jest; but TBH, one of your failings is sometimes, just sometimes, you don't know when to stop.

I've plenty more failings than that.....

If you didn't want to bring your husband into it why did you mention him?
As for people on here saying stuff about my wife, you really think that would bother me? I'm 37, not 7. Wouldn't give a stuff.

But don't worry I know you have a tendency to get a little "over-wrought" on occasions. I'll not mention him again, I suggest you do the same! :rolleyes:

carolt

I have no doubt you have plenty more failings.

I mentioned my husband as a 'humorous' way to point out that I would not be interested in anyone else. For some reason I seem to attract a number of obsessive men on here, of whom you appear to be one.

I'm bored of it and I don't think anyone else finds it very interesting either.

If you have something to contribute re house prices, we'd all love to hear it.

If you have something to say about me, could you just keep it to yourself, as it is irrelevant and VERY dull. Great. Glad we've sorted that out now.

ianmr65

!!!!!!? wrote: »

Actually in the strictest definition, inflation is the increase in money supply.

Well that would be money supply inflation, m1 thru m5.
M5 is all money in circulation, that is not tied up in investments. M5 has basically doubled in the last two years. probably as
1) the goverment has 'printed' more, and 2) as people cash in long term stock and share investments, and cash in value in their houses.

One way for the central bank to (artificially) stimulate the economy is to issue more cash. This is what the fed are doing in the states, and explains the plunge in the price of the dollar.

CPI, and RPI, are consumer price index , and retail price index - inflation, which are an indexes agaisnt a base of certain and changing goods and services which people buy. The latter has housing costs like rent rates, and intrest payments included.

WTF?_2

ianmr65 wrote: »

One way for the central bank to (artificially) stimulate the economy is to issue more cash. This is what the fed are doing in the states, and explains the plunge in the price of the dollar.

It's not just the dollar that has been plunging - the pound has done so too against most major currencies except the dollar.

Stand by for massive devaluation if Gordon Brown gives into the calls for the BoE to buy the various dodgy bonds and securities that the banks are holding. Monetizing bad debt is a surefire inflation accelerant.

EDIT: Found this like about the plunging pound from Bloomberg:

http://www.bloomberg.com/apps/news?pid=20601102&sid=alSdG6WaBHL4&refer=uk

JonnyBravo

carolt wrote: »

Actually no. My marriage and children are not things I wish to bring into discussion, in a comical vein, on a house price discussion forum.

Ah right....

carolt wrote: »

I mentioned my husband as a 'humorous' way to point out that I would not be interested in anyone else.

Ah right.... you've changed your mind?


Oh and do you really think jamescredmond and myself were hitting on you in this, or any other, thread? :rotfl: Have you ever used the internet before joining MSE? :rotfl:

Come on carolt fess up... do you think james really needed "warning off" by bringing your husband into it?

carolt wrote: »

If you have something to say about me, could you just keep it to yourself, as it is irrelevant and VERY dull. Great. Glad we've sorted that out now.

Sorry... couldn't help myself.... it's one of my failings.....

confused31_2

I dont think house prices will affect most house owners, i think a few people who bought last year with 100 percent 2 year fixed deals will be in a mess, but how many people have done that?

The average house owner who is planning on moving might have to sell there house at a reduced rate, but whatever they buy will be reduced as well.

So they shouldnt be affected, so all in all i dont know what all the worrying about prices falling, if you already have an house.

Even if your house goes into negative equity, it will soon change round people will just have to stick it out and hang on in there.

confused