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Debate House Prices
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How can house price's fall so much??
Comments
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PasturesNew wrote: »How come houses went up so much?
Now people have to give a bigger deposit.
This is to try to ensure that new money lent out will be coming back...
And that's one part of the story.
Also, isn't that a bit rich coming from somebody who claims to have made their money from the property bubble? Sort of, I 'm all right Jack type of thing. Let me guess, you're not single by chance? lol0 -
I've reported mircea's abusive postings, so the rest of you don't have to....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'.0
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Sir_Humphrey wrote: »Have a thanks.
I am just saying there may be a random element to it, as well as explicable ones. To say much more is to delve into philosophy, and to not only talk about deterministic chaos, but also whether human activity has non-deterministic free will. The discussion would be long and rambling and conclude that "we have no way of knowing".
With all these questions too, there is the technical question of whether probabilities say something about the actual universe, or our own expectations.
hmmmmmmmmmmm0 -
Thank youneverdespairgirl wrote: »I've reported mircea's abusive postings, so the rest of you don't have to. 0 -
I don't see that your posting was relevant to the thread or the portion of my posting you selected.Also, isn't that a bit rich coming from somebody who claims to have made their money from the property bubble? Sort of, I 'm all right Jack type of thing. Let me guess, you're not single by chance? lol
I was answering a question.
There was nothing a bit rich about my response.
And, I did pay mine back. I didn't overstretch myself. And mine sold as a business, so no FTB were harmed in the making of that transaction.0 -
Yes, I do.Bless - you have the cash! lol. That doesn't make you more intelligent, funny, smart, happy or in any other way more fulfilled in your personal life. Just look at yourself, spending your life on an internet forum board. Get a life, you sad ...
No, I was already those things.
A contributor is always less sad than a troll picking over things. Fact.0 -
NOT the same thing. if your house goes up, you dont owe that extra equity to the bank.
Patronising T**T
Hairy....The question is where do you think that *extra* money came from?
Just appeared?!
If so, you get inflation, followed by interest rate rises, followed by struggling people trying to pay their more expensive mortgage = price falls.
Real house price falls of 50% is not out of the question.
You used the word 'simply' in your analysis, and I think you are simply thinking too simple.I can take no responsibility for the use of any free comments given, any actions taken are the sole decision of the individual in question after consideration of my free comments.
That also means I cannot share in any profits from any decisions made!;)0 -
Is that east of Lahndan towards the co-hest?you are heading very much into the direction of Kant here, I'd advise caution
A house isn't a home without a cat.
Those are my principles. If you don't like them, I have others.
I have writer's block - I can't begin to tell you about it.
You told me again you preferred handsome men but for me you would make an exception.
It's a recession when your neighbour loses his job; it's a depression when you lose yours.0 -
I'm predicting this would be around the 43-44 years of Last century?:rolleyes:I invested a bit in German property and I can tell you prices dropped in Berlin by over 50%, some by 90%,
Its natural that you hear about everyones success's (re housing Market) while people are very shy about their Failures (these never appear on Property !!!!!! TV, strangely).
There is a certain natural bottom to the market, eg when Houses etc become in the region of 2x annual wages or when average rents become 125% or greater of (equiv.) mortgage costs.tribuo veneratio ut alius quod they mos veneratio vos0 -
There may actually be "hidden order" in randomness and "chaos" but we struggle to see it with our fuzzy, slow, animal minds. The narrowing realm of random is being seen with supercomputers of today and tomorrow in to the interconnectedness of what appear to be random events, bringing nonlinear relationships in to clearer focus.
I've not got access to that, but my anti-random mind tells me not to buy some big house that is remote and isolated in the countryside and needs oil-fuel to heat.
Now you're talking my language...
Forget random, forget computers, forget propertybuzz, forget inflation, forget interest rates, i've said it before and this is the last time i'm going to say it..."House prices are just too high"...0
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