Serious question

[BlackenedBiker]

Your "house purchase" is getting as dull as "SKA news".

DP stop talking to yourself

[Clippy]

As you may know I have a reasonable amount of cash, mostly sitting now in sterling in high interest () saving accounts, spread to limit the risk at £50K per account.

I've been waiting for the proper house price crash, you know, the one you would expect when the economy of a country is effectively bankrupt.

However, Brown and Co. are sticking with a policy of inflating bubbles with very low interest rates, printing money and forcing lenders to hold off on repossession and instead passing the burden of debt down the generations.

So, do I continue with my wait and hold strategy or buy the millionaire mansion now, before it's too late?

I thought you were the boards resident property expert?

[swamp]

Head off to HousePriceCrash.co.uk

They've been discussing this to death for 9 years. In fact, some of them have been predicting HPC for so long they have gone quite mad. You'll find them barking on about end of capitalism and the dawn of a new world order based on banning property ownership outright.

[sasguru]

They've been discussing this to death for 9 years. In fact, some of them have been predicting HPC for so long they have gone quite mad. You'll find them barking on about end of capitalism and the dawn of a new world order based on banning property ownership outright.

[Jeebo72]

As you may know I have a reasonable amount of cash, mostly sitting now in sterling in high interest () saving accounts, spread to limit the risk at £50K per account.

I've been waiting for the proper house price crash, you know, the one you would expect when the economy of a country is effectively bankrupt.

However, Brown and Co. are sticking with a policy of inflating bubbles with very low interest rates, printing money and forcing lenders to hold off on repossession and instead passing the burden of debt down the generations.

So, do I continue with my wait and hold strategy or buy the millionaire mansion now, before it's too late?

Get very quickly into LLYODS shares.

[Lockhouse]

I reckon house prices will stay flat for a long time but in real terms they'll devalue as inflation rises.

[DimPrawn]

I thought you were the boards resident property expert?

I thought that too until I realised I was just lucky last time.

[DimPrawn]

I'm cheered by the fact that most here appear the think Gordon hasn't saved the World and that house prices are still due for a fall.

[Bagpuss]

I'm cheered by the fact that most here appear the think Gordon hasn't saved the World and that house prices are still due for a fall.

The same people who thought house prices could never fall due to supply and demand from himigration innit.

[Bagpuss]

WHS.

Printing money changes everything, no one know where this will end. Not even Gordon.

Why do people use the term printing money? No money is being printed.