House price crash cancelled then, labour have truely fcuked us
#61
Originally Posted by antera309
it's very annoying to see that they are incentivising greedy buy-to-let investors while doing NOTHING to help struggling first-time buyers that just want somewhere to live.
#62
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Originally Posted by davegtt
what Im saying is save and in time you'll be able to afford a house, they cant and wont keep going up.....
Some of your comments are appalling and so derogatory towards other peoples way of life and freedom of choice, and it is so plain to see that you are definately one of President Blair's boys...... DO AS I SAY OR ELSE............. and if you don't do as I say, I'll shaft you any way I can....... You still need to take your blinkers off and wake up to the real world!!!!!!!!
#63
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Originally Posted by Leslie
PSL,
The question is, do you vote a government back in who have demonstrated beyond all doubt the damage they can do to the country, or do you give the others a chance on the premise that they certainly can't do much worse?
Les
The question is, do you vote a government back in who have demonstrated beyond all doubt the damage they can do to the country, or do you give the others a chance on the premise that they certainly can't do much worse?
Les
Oh, I see - the bunch of corrupt clowns called the TORY party??
No thanks, I have lived through what they can do ............. and, believe me, like it or not, THIS team is BY FAR better!! (yes, thats how bad it was!!!)
Pete
#64
Dave, that fact that we discuss these issues here doesn’t mean we don’t get on with it!!!
I’m fantastically ‘lucky’ as I ‘made’ £70k in two years on my home and something similar on my buy to let (this is due to being born enough years before you to make that possible; nothing clever...). So, that’s ME sorted and OK when I realise these gains and buy a mud hut with a Rolls outside , but that screws people like you something rotten, and I actually care about that enough to get knocked around a bit here!!!
Maybe I should just shrug it off and join New Labour mentioning market economics as I wave the red flag
D
I’m fantastically ‘lucky’ as I ‘made’ £70k in two years on my home and something similar on my buy to let (this is due to being born enough years before you to make that possible; nothing clever...). So, that’s ME sorted and OK when I realise these gains and buy a mud hut with a Rolls outside , but that screws people like you something rotten, and I actually care about that enough to get knocked around a bit here!!!
Maybe I should just shrug it off and join New Labour mentioning market economics as I wave the red flag
D
#65
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Originally Posted by antera309
A stamp duty discount (or preferably a complete exemption) for first-time buyers would be a good place to start.
NOTHING!!
If 1st Time Buyers can afford £x for a property it doesn't matter one single jot how it is carved up - the price WILL STILL be £x!!!
Personally, the government may as well step it and profit from property prices (they are NOT driving prices up, THAT is done by the market - and the market alone!)
As an example, if they made Stamp Duty 50% (good move in my eyes) then the house prices would have to fall by 50% to compensate (or no-one would buy!) ........... it works in reverse too, reduce Stamp Duty and house prises RISE!!
Pete
#66
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Originally Posted by robuk
You do talk some sh1te dave..... when in this countries history has a house price not risen year in year out......... NEVER........ or do you know something we don't in your crystal ball????? ........... and I very much doubt that..........
Errrrm, from 1989 to 1995 my home value FELL 40%!!!
So there we go ..... the advantages of being as old as I am, I have lived through EVERYTHING and know whats about to happen next!
Pete
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Originally Posted by davegtt
what Im saying is save and in time you'll be able to afford a house,
In reality the longer you leave it, the worse it will get as salaries aren't increasing at anything like that rate either.
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Originally Posted by Diesel
Maybe I should just shrug it off and join New Labour mentioning market economics as I wave the red flag
D
D
#69
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The simple FACT remains, mortages are linked to salaries .....
House prices will drop if the salaries cannot fund them, if pay CAN fund them then they will remain static ............ if they lag behind salaries they will increase ...
Its not rocket science and its NOT Labours fault!! (other than making a wealthy population!)
Pete
House prices will drop if the salaries cannot fund them, if pay CAN fund them then they will remain static ............ if they lag behind salaries they will increase ...
Its not rocket science and its NOT Labours fault!! (other than making a wealthy population!)
Pete
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Originally Posted by pslewis
Errrrm, from 1989 to 1995 my home value FELL 40%!!!
dont think I need to answer your question since PSL answered it for me when have house prices EVER been this high and kept rising?
#71
Originally Posted by davegtt
Robuk
when have house prices EVER been this high and kept rising?
when have house prices EVER been this high and kept rising?
the fact that they are higher now than ever before is no guide to how or when they will drop. Unless you expect house prices to revert back to their 1960's values the point of any increase will always exceed previous values.
its like saying when have humans ever been this clever and kept on inventing new stuff!
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Originally Posted by OllyK
Cool - can you let me know what savings account you are using to keep up with 175% increase I have seen on my property over the last 10 years. And that's in the Midlands, not in Surrey or such like.
In reality the longer you leave it, the worse it will get as salaries aren't increasing at anything like that rate either.
In reality the longer you leave it, the worse it will get as salaries aren't increasing at anything like that rate either.
I agree with the last sentance to a certain extent but some people have no choice to leave it cause they simply cant afford to get on the ladder, even at the lower end of the spectrum.
And for those that think Im a Blair follower your far from right so please dont make a judgement on me like that thanks.... Im just giving another angle of the debate. I aint on anyones side. believe me Id prefer houses to be much cheaper than they are, I aint exactly been on the ladder long and Id be happier with a cheaper morgage rather than the 90k debt I have.......
#73
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Originally Posted by robuk
You do talk some sh1te dave..... when in this countries history has a house price not risen year in year out......... NEVER........
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Originally Posted by pslewis
The simple FACT remains, mortages are linked to salaries .....
House prices will drop if the salaries cannot fund them, if pay CAN fund them then they will remain static ............ if they lag behind salaries they will increase ...
Pete
House prices will drop if the salaries cannot fund them, if pay CAN fund them then they will remain static ............ if they lag behind salaries they will increase ...
Pete
House prices have levelled out, but I don't see a significant drop anytime soon.
#75
- 4% stamp duty on properties over £250,000 introduced in 2002.
- House prices go through the roof 2002-2004.
You are damn right Pete, it doesn't take a rocket scientist (even one with a slide rule!)
- House prices go through the roof 2002-2004.
You are damn right Pete, it doesn't take a rocket scientist (even one with a slide rule!)
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Originally Posted by davegtt
OK Im sencing some sarcasm here 175% increase somes some good rise..... Im not saying your gonna get owt like that but at least saving is a start.
That's the Midlands, I suspect increases were (are) much more in the South. Once you are on the ladder it matters less, if prices are going up, in general they are all going up, so your house goes up as well. The issue is getting on the ladder and I am so glad I bought back then otherwise it would be a struggle now and there is no way we would be living in the house we have just bought.
#77
Originally Posted by davegtt
what Im saying is save and in time you'll be able to afford a house, they cant and wont keep going up.....
Take any period, 10, 20, 30 years and you will find that even if you take out "boom" anomolies, on average house prices have still risen substantially. The UK housing market tends to be made up of steady rises interspersed with periods of rapid inflation followed by a short period of downward 'adjustment' in areas where prices have risen too much (usually the south east but anywhere south of Sheffield is at higher risk than the north where the booms are normally followed by stagnation rather than deflation.) Also... if memory serves these anomolies occur approximately every 7 years or so and are driven by global economic factors too complex and beyond my understanding to go into..
Paul
#78
Originally Posted by pslewis
The simple FACT remains, mortages are linked to salaries .....
Paul
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Originally Posted by vipa
Any stagnation or deflation in the housing market will be short lived and house prices will continue to rise as they have historically at about 3-4% per year.
Take any period, 10, 20, 30 years and you will find that even if you take out "boom" anomolies, on average house prices have still risen substantially.
Take any period, 10, 20, 30 years and you will find that even if you take out "boom" anomolies, on average house prices have still risen substantially.
#80
England is a ****hole now. Beyond the point of repair. Some areas mainmtain the nice "Englishness" but on the whole its a dull, drab, mucky, ****ty dump. Melting pot for scummy immigrants that offer nothing to society except to simply drain it.
#82
Originally Posted by andy1505
Great comment, well informed. Gets acroos your political ethos and lets everyone know where you stand. Well done senior.
I think everybody knows where I stand already.
Sometimes being blunts cuts better.
So many people think it's great here - obviously not very well travelled individuals.
#88
Originally Posted by ajm
Scoobynet stalker syndrome
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Originally Posted by darts_aint_sport
Ill stop replying to you when you change the record.
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Originally Posted by Senior_AP
I post and you can guaran-damn-tee "D_A_S" will reply within minutes. I reckon he/she has a little alert that sends an SMS when I post. PMSL