Voting Conservative will cause your house's value to collapse...

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d000hg replied

20 April 2010, 21:42
Originally posted by The_Equalizer View Post

About time it crashed properly. Please explain to me why high house prices are good?

Because they weren't so high when you bought it. So yuo can take out extra mortgage cash and go on a cruise.
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expat replied

20 April 2010, 20:35
Originally posted by HairyArsedBloke View Post

It's called the wealth effect. It has been the main means by which the Labour government has kept itself in power all these years.

Oh right. As opposed to non-Labour governments, which are well known for not supporting high house prices. Right.
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shoes replied

20 April 2010, 17:01
That will have everyone under 30 voting tory then, excellent
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OwlHoot replied

20 April 2010, 16:59
Originally posted by DimPrawn View Post

No, the headline "Voting Tory will make property prices crash" is the leftie moronic newspaper's analysis of a city analyst stating that property prices based on 7 times income due to zero interest rates and an infinite number of public sector non-jobs created by Labour.

WHS (in so many words)
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NickFitz replied

20 April 2010, 16:55
Originally posted by DimPrawn View Post

No, the headline "Voting Tory will make property prices crash" is the leftie moronic newspaper's analysis of a city analyst stating that property prices based on 7 times income due to zero interest rates and an infinite number of public sector non-jobs created by Labour.

Or it could be based on the words you quoted: "RAB Capital, a City hedge fund manager, said investors in residential property must expect significant house price falls if the Conservatives win the election..."
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northernladuk replied

20 April 2010, 16:44
Originally posted by sasguru View Post

So City economists are lefty morons?

Even by your own woeful standards of analysis, that was a spectacularly stupid statement.

HTH

Agreed. All these arguments with no basis whatsoever just to promote your unproven political choice sucks balls. This blind fanatasicm is very disappointing.
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HairyArsedBloke replied

20 April 2010, 16:29
Originally posted by Platypus View Post

My house is worth more -> I feel rich -> I love the (labour) government

It's called the wealth effect. It has been the main means by which the Labour government has kept itself in power all these years.
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TimberWolf replied

20 April 2010, 16:20
I'm not voting for them unless they promise a 50% reduction.
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Platypus replied

20 April 2010, 16:16
Originally posted by The_Equalizer View Post

Please explain to me why high house prices are good?

My house is worth more -> I feel rich -> I love the (labour) government
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TimberWolf replied

20 April 2010, 16:15
Originally posted by The_Equalizer View Post

About time it crashed properly. Please explain to me why high house prices are good?
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DimPrawn replied

20 April 2010, 16:11
Originally posted by Clippy View Post

What's happened to DP recently.

Has someone hijacked his login or has he finally gone loopy?

AndyW has his login.
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The_Equalizer replied

20 April 2010, 16:10
About time it crashed properly. Please explain to me why high house prices are good?
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Clippy replied

20 April 2010, 16:10
What's happened to DP recently.

Has someone hijacked his login or has he finally gone loopy?
Leave a comment:
Churchill replied

20 April 2010, 16:07
Originally posted by sasguru View Post

So City economists are lefty morons?

Even by your own woeful standards of analysis, that was a spectacularly stupid statement.

HTH

Do you think that all "City Economists" are apolitical?
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DimPrawn replied

20 April 2010, 16:06
Originally posted by sasguru View Post

So City economists are lefty morons?

Even by your own woeful standards of analysis, that was a spectacularly stupid statement.

HTH

No, the headline "Voting Tory will make property prices crash" is the leftie moronic newspaper's analysis of a city analyst stating that property prices based on 7 times income due to zero interest rates and an infinite number of public sector non-jobs created by Labour.
Leave a comment: