House Prices - Topic Powered by eve community

quote:
Originally posted by Fran Tick:
Eek! There's a post been deleted and now it looks like I was talking to myself

IF you are listening "C4 homes moderators" and you feel you must censor people why not just make it clear by leaving the contributors name and "comments deleted" in the dialogue box which would at least allow people to see what has happened and help the flow of the discussion seem more logical. Some threads are almost unreadable because of missing bits!

Posts: 211

Ignored post by Elsa posted

Posted

chil

quote:
Originally posted by sumo sid:
[QUOTE]still trying to work out if this is tongue in cheek.

has kirsty got crystal balls, who is going to be able to afford houses in 2010 if they go up another 50 %? and anyway the economists generally predict small falls in prices.

Its certainly not tongue in cheek and who are these so-called "economists" predicting falls ? What do they know about houses ?

Kirsty and Phil are property experts who have been making TV programmes about houses for years so I think they must know what they are talking about more than some economist who probably works in a college rather than the real world.

If they say house prices will go up between 50 and 80% in the next 5 years they must have done a lot of research to work this out. They say prices in Blarney Festrinerog will go up 79.4% so they must have done research to be that precise otherwise where do they get that figure from ?

Ignored post by moonietoon posted

sumo sid

Posted

still trying to work this one out.

Have to admit they must have done looooaaaads of research, as your definition of research is 30 mins in front of the TV.

Posts: 108

Ignored post by sumo sid posted

Posted

[QUOTE]If they say house prices will go up between 50 and 80% in the next 5 years they must have done a lot of research to work this out. QUOTE]

I think they did do extensive research. It went along the lines of 'Now what stupid thing could we say to ensure the general public talk about our very poor TV programme.' If they actually belive what they said then they are sillier than they look.

Ignored post by howMuch! posted

Posted

quote:
Originally posted by howMuch!:
I think they did do extensive research. It went along the lines of 'Now what stupid thing could we say to ensure the general public talk about our very poor TV programme.' If they actually belive what they said then they are sillier than they look.

You seem to be accusing Kirsty and Phil of lying to the public which is not a very nice thing to say is it ? Anyway why should they make it up ?

Ignored post by moonietoon posted

susiecam

Posted

quote:
Originally posted by sumo sid:
quote:
Originally posted by moonietoon:
I cant understand where some of you get this idea that house prices will fall. Surely property is a great investment and banks are faling over themselves with some great deals at the moment. Interest only, 5x joint income etc

Didnt any of you see last weeks programme from Kirsty Allsop where she showed that even horrible areas like Midelsboro are going to see price rises of nearly 50% by 2010.

The best place to buy is someplace called Blarney Festinerog (in Wales I think) where Kirsty estimates prices will go up by 79.4% in 5 years.

Im seriously thinking of looking into buying something there for capital gain and rental in the meantime. With an interest only mortgage and guaranteed capital growth of nearly 80% what have you got to lose ?

still trying to work out if this is tongue in cheek.

Perhaps this post from 'another forum' offers some clues:

"heres an idea! why doesnt someone go onto the C4 forum and make massive posts about how house prices will only go up telling everyone they should buy now while they can! etc etc..i wonder if they will censor that? "

Posts: 1318

Ignored post by susiecam posted

Posted

quote:
Originally posted by moonietoon:
You seem to be accusing Kirsty and Phil of lying to the public which is not a very nice thing to say is it ?

I'm sure it won't be the worst thing said about them if anyone actually buys because of their advice.

Ignored post by howMuch! posted

Posted

quote:
Originally posted by susiecam:

Perhaps this post from 'another forum' offers some clues:

"heres an idea! why doesnt someone go onto the C4 forum and make massive posts about how house prices will only go up telling everyone they should buy now while they can! etc etc..i wonder if they will censor that? "

I hope youre not suggesting that Im trying to tell everyone to buy because Im not even though its obvious to me that property is always going to be a great investment.

Its clear that some on here are frightened prices are dropping because some so-called economist says so. Well thats their business but I think they are missing out on a great opportunity to buy now before prices shoot up again.

Ignored post by moonietoon posted

Posted

quote:
Originally posted by susiecam:
Perhaps this post from 'another forum' offers some clues:

"heres an idea! why doesnt someone go onto the C4 forum and make massive posts about how house prices will only go up telling everyone they should buy now while they can! etc etc..i wonder if they will censor that? "

I think your right susiecam. I did pay a visit to 'the other place' but it is very drepressing! It's like life is on hold waiting for a crash!

Ignored post by howMuch! posted

Posted

quote:
Originally posted by moonietoon:
Its clear that some on here are frightened prices are dropping because some so-called economist says so. Well thats their business but I think they are missing out on a great opportunity to buy now before prices shoot up again.

If you think that's true then go and buy a property. In fact, buy two!

Ignored post by howMuch! posted

Posted

quote:
Originally posted by howMuch!:
I think your right susiecam. I did pay a visit to 'the other place' but it is very drepressing! It's like life is on hold waiting for a crash!

Why are you two so negative ? And whats that about a crash ? What nonsense. House prices have never crashed, sometimes they slow down a bit before starting to rise again but they dont drop.

They have slowed a bit now so its a great time to buy before they start shooting up again.

Thanks for your advice about buying two. I probably will. In Blarney Festeriniog. And I will be laughing in 5 years when they have gone up by 79.4% while you are probably still renting.

Heres some good advice for you. Stop being such doom-mongers and stop going on about a crash. It simply aint going to happen.

Ignored post by moonietoon posted

decca

Posted

quote:
Heres some good advice for you. Stop being such doom-mongers and stop going on about a crash. It simply aint going to happen.

Satire is like marmite. Best spread thinly.....

Posts: 603

Ignored post by decca posted

Posted

quote:
Originally posted by moonietoon:
Heres some good advice for you. Stop being such doom-mongers and stop going on about a crash. It simply aint going to happen.

I've just bought AND i think prices are going to fall.

Ignored post by howMuch! posted

kathy321

New Member

Posted

quote:
Originally posted by ReenyMc:
Hi Kathy yes, you do forget the stress and efort of moving don't you!

How long have you signed for? I've signed for 6 months and am worried about buying a new place - have tried to register with ea's but none appear to keep 'hot buyer' lists and just say 'look on line'. This includes the one who keeps details on line not marked as 'under offer' until completion! I wouldn't mind but then they practically sneer at you when you ring about a house under offer. I'm guessing that so many people lie about having no property to sell that they can't be bothered to begin to discriminate between buyers to work out who is hot and who is not

We have viewed 2 already - one was too small and needed too much doing to it for the price. the other was too big and too badly laid out - it had a loo off one reception room and stairs out of another despite being such a big house.

I just don't get prices at the moment - the house we wanted to view, and had only gone under offer the day before, was on at 250 yet an identical one is on for 315?! They both seem to be in good nick, in fact, on paper, the 250 property has an edge as it is fully double glazed. Another house I viewed in July 2004 at 239 is now asking 269 and another identical house 295. Add to this there isn't a huge amount of property around full stop. I generally subscribe to the theory of there is no harm in making an offer but I feel reluctant to view places over 275 when my budget is 250..... it just feels so unlikely that the vendor will come down .

so, all in all I am a little nervous renting as I see no signs of anything other than less movement in my area.

Hi Reeny, sorry about the delay in replying sooo tired after what amounts to three moves, plus big problems with the removers.

We have signed for 6 months too. It is a lovely house and we would love to buy it but would not be able to afford it- not that it is for sale anyway. I personally think we should sit it out of the market for a while and see what happens. In South Oxfordshire where we are prices have dropped about 6% this last quarter. This is a good few thousand pounds so I feel better about not buying immediately. Here is the link to prices, not sure where you are but it might help http://news.bbc.co.uk/1/shared/spl/hi/in_depth/uk_house_prices/html/38ud.stm

One difficult thing is my partner, he is not happy renting and wants to buy, so we have to find a compromise really. His take on the situation is that the money is not as important as a home and that over time it will appreciate in value. Although I know this is right I would have felt awful seeing our hard earned deposit slip away at a rate of 6% a quarter. I think we will try to buy around December and make a very low offer.

I think it is perfectly ok to make a low offer, I can understand what you are saying, but if you try to remember that the vendor has probably asked a lot more than the same house would have sold for last year it might help. Also just hang in there for now, I think it will pay off and maybe you will be able to get somewhere nearer the end of your tenancy agreement. You will know when you find the right place.

Good luck

Kathy

Posts: 17

Ignored post by kathy321 posted

Posted

Two of my posts have been deleted. Whats going on around here ?

Ignored post by moonietoon posted

Fran Tick

Posted

quote:
Originally posted by moonietoon:
Two of my posts have been deleted. Whats going on around here ?

If you are from HPC and are mucking about please do it on another thread. It's taken ages to get a thread on house prices to stay on this forum and if you persist the mods will delete the whole thread. If you are from HPC (and any other HPC members reading this) I hope you are smart enough to see the loss of this thread will be an own goal.

Unfortunately the argument about who you are has now obscured one important point you made, Kristy and Phil did predict large rises in the order of 50%-80% over the next five years for many of the locations on the recent Best and Worst programme. I trust we will all remember this and see how their prediction fares!

Meanwhile can I please appeal to everyone to remain on topic and if you want a fight please start another thread. (Oh and wait till the rest of us have settled down with the beer and popcorn

) Cheers!

Rent and see!

Posts: 742

Ignored post by Fran Tick posted

Posted

Hi Fran. Im new on here and dont understand the in-jokes and the jargon but what leaves me most perplexed is why two of my posts have just disappeared. Its not as if they were offensive or anything.

I can understand why you want a thread to talk about house prices but whats the point when you have to be dead careful what you say in case Big Brother censors it.

No wonder everyone round here seems to talk in code.

Ignored post by moonietoon posted

Fran Tick

Posted

quote:
Originally posted by moonietoon:
Hi Fran. Im new on here and dont understand the in-jokes and the jargon

OK moonietoon, I'll take your word for it.

quote:
Originally posted by moonietoon:
but what leaves me most perplexed is why two of my posts have just disappeared. Its not as if they were offensive or anything.

I've only been here for six months or so and the deletions don't fit any published rules as far as I can see, it's more a case of realising what gets deleted and avoiding it.

quote:
Originally posted by moonietoon:
I can understand why you want a thread to talk about house prices but whats the point when you have to be dead careful what you say in case Big Brother censors it.

There are some interesting and knowledgeable posters here, like phugoid, who will give you a better conversation than I've seen anywhere else.

quote:
Originally posted by moonietoon:
No wonder everyone round here seems to talk in code.

Rent and see!

Posts: 742

Ignored post by Fran Tick posted

Joolz S

Posted

quote:
Originally posted by moonietoon:
Why are you two so negative ? And whats that about a crash ? What nonsense. House prices have never crashed, sometimes they slow down a bit before starting to rise again but they dont drop.

I guess you aren't old enough to remember the property crash in the late 80s/early 90s when property prices did indeed drop by quite a large percentage in a lot of the UK. My husband had his house repossessed in around 1990 and it was worth nearly £15K less than he had paid for it. The flat I live in, bought in 1993, was on the market for 18 months before I bought it - the original asking price was £50K - I got it for £35K.

Posts: 1054

Ignored post by Joolz S posted

Posted

quote:
Originally posted by Joolz S:
I guess you aren't old enough to remember the property crash in the late 80s/early 90s when property prices did indeed drop by quite a large percentage in a lot of the UK. My husband had his house repossessed in around 1990 and it was worth nearly £15K less than he had paid for it. The flat I live in, bought in 1993, was on the market for 18 months before I bought it - the original asking price was £50K - I got it for £35K.

Flippin 'eck

I didnt know prices dropped that much

You dont really think its going to happen again though do you, werent interest rates miles higher in those days ?

Ignored post by moonietoon posted

FaTB

Posted

quote:
Originally posted by moonietoon:
chil
quote:
Originally posted by sumo sid:
[QUOTE]still trying to work out if this is tongue in cheek.

has kirsty got crystal balls, who is going to be able to afford houses in 2010 if they go up another 50 %? and anyway the economists generally predict small falls in prices.

Its certainly not tongue in cheek and who are these so-called "economists" predicting falls ? What do they know about houses ?

Kirsty and Phil are property experts who have been making TV programmes about houses for years so I think they must know what they are talking about more than some economist who probably works in a college rather than the real world.

If they say house prices will go up between 50 and 80% in the next 5 years they must have done a lot of research to work this out. They say prices in Blarney Festrinerog will go up 79.4% so they must have done research to be that precise otherwise where do they get that figure from ?

Don't worry he's got to be taking the p*ss, I hope for his sake he is anyway !!

Posts: 42

Ignored post by FaTB posted

FaTB

Posted

quote:
Originally posted by moonietoon:
quote:
Originally posted by Joolz S:
I guess you aren't old enough to remember the property crash in the late 80s/early 90s when property prices did indeed drop by quite a large percentage in a lot of the UK. My husband had his house repossessed in around 1990 and it was worth nearly £15K less than he had paid for it. The flat I live in, bought in 1993, was on the market for 18 months before I bought it - the original asking price was £50K - I got it for £35K.

Flippin 'eck

I didnt know prices dropped that much

You dont really think its going to happen again though do you, werent interest rates miles higher in those days ?

Tell me are you really young and naive or are you on a wind up ?

Yes Interest rates are much lower than last time round, but people have borrowed much more this time. So an increase in interest rates to just 5% lets say would be absolutely disastarous for many people who are already struggling to pay mortgages, credit card bills, and fill the tank in their car.

Posts: 42

Ignored post by FaTB posted