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Debate House Prices


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Mmmmm what a lovely graph

13567

Comments

  • Lotus-eater
    Lotus-eater Posts: 10,789 Forumite
    10,000 Posts Combo Breaker
    LillyJ wrote: »
    The point when graphs sexually arouse me is the point I decide to actually get a life (or a new partner)
    Come on then, I have some lovely pie charts in my room.;)
    Freedom is not worth having if it does not include the freedom to make mistakes.
  • mr.broderick
    mr.broderick Posts: 3,778 Forumite
    1,000 Posts Combo Breaker
    mrstinchcombe wrote: »
    I am a normal FTB too, waiting for the decline to enable me to buy my first flat so there is nothing I want more than a crash to help me do this.

    However I also know many people that made the plunge at the peak who will be feeling the effects of a crash quite badly.

    I never suggested you censor your comments or opinion, I was just highlighting them as the selfish and egotistic comments that they were!

    Yeah a HPC will help both me and you, but theres no need to gloat about people just like us who happened to have made a bad decision!

    It's a free country he is allowed his say...
    Dopester is a bull trap buyer waiting to happen ;)
  • Annpan
    Annpan Posts: 263 Forumite
    Part of the Furniture Combo Breaker
    dopester wrote: »
    So what? I'll be a normal FTB as well when prices reach some level of affordability.

    People make their own decisions in this world. Mine was to rent and wait, and no one is going to censor my opinion on the way things are moving, the crash in motion, just so it won't hurt the feelings of people who've bought vastly over-valued property and committed themselves to a staggering amount of debt.
    Who are you going to rent off when all the 'buy to letters' have jumped ship?
    Or are you still with mummy?
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Annpan wrote: »
    Who are you going to rent off when all the 'buy to letters' have jumped ship?

    The BTLers'll have to find someone to sell to first. Given the current state of the mortgage market it's going to be tough to offload all those empty BTL places.

    There aren't that many cash buyers around. Not ones that are dumb enough to pay the current inflated prices at least.
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    LillyJ wrote: »
    The point when graphs sexually arouse me is the point I decide to actually get a life (or a new partner)

    Fair point there Lily (-:
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • dopester
    dopester Posts: 4,890 Forumite
    mr.broderick wrote: »
    It's a free country he is allowed his say...
    Dopester is a bull trap buyer waiting to happen ;)

    Brodders. :rotfl:
    Annpan wrote: »
    Who are you going to rent off when all the 'buy to letters' have jumped ship?
    Or are you still with mummy?

    If distressed sellers don't lower their prices to market, the banks will be be offloading properties for whatever they can get for them. They already are, and the reserve prices will drop lower and lower. Just bide time.

    Good call. The honest answer to your last question is - yes, we moved back to mummy's house just over 6 months ago. What use is a 4-5 bedroom house to a woman living alone, in which she raised 3 sons and 1 daughter - when we are welcome back with cheap rent. I won't be the first or the last - more money saved to keep powder dry for the crash. Plus we get my brother's old loft conversion bedroom/office which is sort of like a mini self contained flat in itself.
  • moanymoany
    moanymoany Posts: 2,877 Forumite
    dopester wrote: »

    Good call. The honest answer to your last question is - yes, we moved back to mummy's house just over 6 months ago. What use is a 4-5 bedroom house to a woman living alone, in which she raised 3 sons and 1 daughter - when we are welcome back with cheap rent. I won't be the first or the last - more money saved to keep powder dry for the crash. Plus we get my brother's old loft conversion bedroom/office which is sort of like a mini self contained flat in itself.

    When dh read about all the young adults - to us that's under 35!' - were moving home he decided the right move to make was to a studio flat. :D
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    dopester wrote: »
    Good call. The honest answer to your last question is - yes, we moved back to mummy's house just over 6 months ago. What use is a 4-5 bedroom house to a woman living alone, in which she raised 3 sons and 1 daughter - when we are welcome back with cheap rent.

    It really annoys me when people are slated on these boards for "living with Mummy" like it's automatically a bad thing.

    It seems to me a win / win situation. Your mother gets company, you get to spend time with your mother, children (if there are any) get to spend time with their grandparents, the grown-up children save money, the parents have a bit extra.

    Provided everyone is respectful of each other, it seems to me ideal. And very odd to have a go at people for loving and living with family!

    I don't live with my parents. But my brother does, and my sisters both live in their country house. Works very well.
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • carolt
    carolt Posts: 8,531 Forumite
    Yes, I suggested to my mum (as a joke) that if things got really tough, we could always move back into their 5 bed house (conveniently in the catchment area for a school we like). Much to my surprise, she took it seriously, and was very keen on the idea - I think it would be a win-win situation - cheap living costs for us and free baby sitting; they get help round the house and to see their grandchildren.

    Not doing it now; but you never know....
  • carolt
    carolt Posts: 8,531 Forumite
    And back to the subject of the thread -

    WHEN DO THE HALIFAX FIGURES COME OUT?

    ANYONE? :confused:
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