House Prices stable - yeah right

[DimPrawn]

It's all very well keeping people in their houses via QE, but how are new buyers going to afford a £500,000 mortgage? Unless we have hyperinflation in wages too.

You don't need new buyers. No one buys and no one sells, but the hyperthetical price goes up due to estate agents being deluded *****.

[Scrag Meister]

You are correct.

Your house will be sold for £1 trillion if you wait 1000 years, it's nothing compared with half life of carbon.

Its a mortgage free holiday home, so I can probably wait the 1000 years, or my kids and their kids can and their kids ....etc.

[nomadd]

So no point waiting really, just buy one now.

Yes, buy now, at the end of the biggest boom in history. When house prices are already falling. And the banks have turned off the money taps (as they never had the money in the first place...) Oh, and this mornings news reports that 50% of EAs have disappeared since 2008.

House price boom? Buy now? I think not.

Ps. Been watching one property in the NW that's already had £70k trimmed off in the last 9 months alone. Still unsold. And a long way further to fall.

[DimPrawn]

Yes, buy now, at the end of the biggest boom in history. When house prices are already falling. And the banks have turned off the money taps (as they never had the money in the first place...) Oh, and this mornings news reports that 50% of EAs have disappeared since 2008.

House price boom? Buy now? I think not.

Ps. Been watching one property in the NW that's already had £70k trimmed off in the last 9 months alone. Still unsold. And a long way further to fall.

You calling Kirsty a fat lying slag?

[Churchill]

You calling Kirsty a fat lying slag?

Oi! Less of the "lying"!

[TimberWolf]

Yes, buy now, at the end of the biggest boom in history. When house prices are already falling. And the banks have turned off the money taps (as they never had the money in the first place...) Oh, and this mornings news reports that 50% of EAs have disappeared since 2008.

House price boom? Buy now? I think not.

Ps. Been watching one property in the NW that's already had £70k trimmed off in the last 9 months alone. Still unsold. And a long way further to fall.

Apart from the £75 billion printed yesterday?

[NorthWestPerm2Contr]

interesting discussion here. I always end up more confused though as every side appears to have a good argument... in the end only time will tell I guess.

[The Agents View]

interesting discussion here. I always end up more confused though as every side appears to have a good argument... in the end only time will tell I guess.

Tis swings and roundabouts. Buy a house and it will go up in value. Maybe not immediately, and it might take a drop before it goes up, but ultimately, it will always go up. It's completely immaterial as well - once you're on the ladder, prices going up and down make no difference at all - unless you have two places to live, you're always going to need a house, which means your gains just get passed down the chain.....

If you don't want to move any time soon, you're fine - the only difference you'll see is mortgaging options shrinking the further away you get from having 20% collateral in the property.....

[DimPrawn]

Tis swings and roundabouts. Buy a house and it will go up in value. Maybe not immediately, and it might take a drop before it goes up, but ultimately, it will always go up. It's completely immaterial as well - once you're on the ladder, prices going up and down make no difference at all - unless you have two places to live, you're always going to need a house, which means your gains just get passed down the chain.....

If you don't want to move any time soon, you're fine - the only difference you'll see is mortgaging options shrinking the further away you get from having 20% collateral in the property.....

This govt will not allow house prices to fall much. We'll see a helicopter drop of cash before then, or govt mortages interest free for life. Too many Tories have massive BTL portfolios for them to do otherwise.

Buy and relax.

Infact buy 1000 BTL house, and be even more relaxed nothing can go wrong and you're children will inherit a fortune.

Perma boom.

[nomadd]

This govt will not allow house prices to fall much. We'll see a helicopter drop of cash before then, or govt mortages interest free for life. Too many Tories have massive BTL portfolios for them to do otherwise.

Buy and relax.

Infact buy 1000 BTL house, and be even more relaxed nothing can go wrong and you're children will inherit a fortune.

Perma boom.

You getting confused between "houses" and "pyramids".

But you were right about Krusty.