Debate House Prices


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Graph !!!!!! 2 - The next Generation

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Comments

  • luvpump
    luvpump Posts: 1,621 Forumite
    Part of the Furniture Combo Breaker
    BTLNEWbie wrote: »
    What crash is that? One on the M25? Must be - nothing happening on the property front, green shoots are on the way.
    Brit you had better jump in soon or you will miss the boat for a second time.:rotfl: :rotfl:

    BTLNEWbie, Another Victim of the Property crash !!! No Longer Posting on here :rolleyes:
  • MiserlyMartin
    MiserlyMartin Posts: 2,284 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Just leave them alone they're happy doing it. It kind of makes up for missing the nice decade where you could double your money on a house in 5 years. You never know those kind of opportunity may come again in our lifetime, although i would prefer houses at a much affordable level for teachers etc and just stay there.

    It more than makes up for it. STRers have been renting a nice house, more than paid for by the interest in the bank while the scramblers to buy are paying interest on a large loan and now have a house that is worth significantly less than the loan is!

    That interest in the bank has performed well and when said Sell to renters re-enter the market at realistic (read normal) prices they will not even need much of a mortgage if any. Now who missed the nice decade again?>
  • luvpump wrote: »
    BTLNEWbie, Another Victim of the Property crash !!! No Longer Posting on here :rolleyes:
    Not enough time to spend with you doom mongers been buying up loads more Btls got to keep the pension fund growing for the future.:T
  • It more than makes up for it. STRers have been renting a nice house, more than paid for by the interest in the bank while the scramblers to buy are paying interest on a large loan and now have a house that is worth significantly less than the loan is!

    That interest in the bank has performed well and when said Sell to renters re-enter the market at realistic (read normal) prices they will not even need much of a mortgage if any. Now who missed the nice decade again?>
    What interest? They will struggle to get back on board now there are no new mortgages out there.
  • BTLNEWbie wrote: »
    What interest? They will struggle to get back on board now there are no new mortgages out there.

    perhaps they fixed their rates at 7% or so before the cuts in interest rates?
    ...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'.
  • luvpump
    luvpump Posts: 1,621 Forumite
    Part of the Furniture Combo Breaker
    BTLNEWbie wrote: »
    Not enough time to spend with you doom mongers been buying up loads more Btls got to keep the pension fund growing for the future.:T

    Welcome back !!! :beer: .. Kinda odd how you havnt posted since August tho .. .. At least not under this Username ;)
  • BTLNEWbie wrote: »
    Not enough time to spend with you doom mongers been buying up loads more Btls got to keep the pension fund growing for the future.:T


    How many BTLs do you own? How many have you bought in the last year?
    ...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'.
  • Recorded for posterity.

    _45349013_house_prices_jan09.gif
  • A very slight easing in the angle of the decline? Wheres my protractor
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