Mikhail Liebenstein Posted August 29, 2009 Posted August 29, 2009 http://www.moneysavingexpert.com/ I haven't added up the numbers yet, but largest categories showing expectations of a small rise or flat. There are actually more fall votes that it appears, just they are spread out. http://www.moneysavingexpert.com/poll/25-0...rice-crash-over Have you voted yet? Quote
Guest absolutezero Posted August 29, 2009 Posted August 29, 2009 http://www.moneysavingexpert.com/I haven't added up the numbers yet, but largest categories showing expectations of a small rise or flat. There are actually more fall votes that it appears, just they are spread out. http://www.moneysavingexpert.com/poll/25-0...rice-crash-over Have you voted yet? This is an MSE survey. The type of person who thinks spending £300 is "savings" compared to spending £500.... Pinch of salt. Quote
Guest absolutezero Posted August 29, 2009 Posted August 29, 2009 Why so much denial? House prices are rising. Deal with it. I did a little survey at work. I asked homeowners what they thought about their house prices. Did they care if they had dropped or gone up? Answer. Nope. Unless your moving it's not really an issue. Next, are you struggling with bills? Answer......Nope. Interest rates well low and everyone hoping they stay that way even at the cost of houses not going up. The only way is up. Interest rates that is.... Quote
bear call spread Posted August 29, 2009 Posted August 29, 2009 The only way is up.Interest rates that is.... Yes in about 2 years. I will be enjoying my +0.5% above boe rate until then (and to think the bank is trying to offer me a "great" new 5% fix - lol) Quote
Guest absolutezero Posted August 29, 2009 Posted August 29, 2009 Yes in about 2 years. I will be enjoying my +0.5% above boe rate until then (and to think the bank is trying to offer me a "great" new 5% fix - lol) Are you paying off the capital or are you wasting your 'savings' on tat? Quote
bear call spread Posted August 29, 2009 Posted August 29, 2009 Are you paying off the capital or are you wasting your 'savings' on tat? Yep tat of course - new iphone 3G of course, nice new 52" Sony Bravia LCD - all on interest free of course. Quote
Guest absolutezero Posted August 29, 2009 Posted August 29, 2009 Yep tat of course - new iphone 3G of course, nice new 52" Sony Bravia LCD - all on interest free of course. Looks like you're going to burn. Quote
Girly girl Posted August 29, 2009 Posted August 29, 2009 Well probably not because are the banks going to repossess thousands of homes or are the interest rates going to be fixed to stay low ...... let me think for a moment, bit of a no brainer really isn't it. Quote
Guest absolutezero Posted August 29, 2009 Posted August 29, 2009 Well probably not because are the banks going to repossess thousands of homes or are the interest rates going to be fixed to stay low ...... let me think for a moment, bit of a no brainer really isn't it. Bond market says no. *Cough*. Quote
Number79 Posted August 29, 2009 Posted August 29, 2009 http://www.moneysavingexpert.com/I haven't added up the numbers yet, but largest categories showing expectations of a small rise or flat. There are actually more fall votes that it appears, just they are spread out. http://www.moneysavingexpert.com/poll/25-0...rice-crash-over Have you voted yet? Not true at the moment. 1637 votes for decline 3297 votes for increases 1778 votes no change retards with no idea = irrelevant. Twice as many bulls as bears. Setting aside the fact that many have emotion involved since they own a house and want its value to increase, either the average joe knows all and all is fixed or the market cycle is at work and things are toppy. What is it they say about market sentiment again? Quote
Phil S Posted September 3, 2009 Posted September 3, 2009 Why so much denial? House prices are rising. Deal with it. I did a little survey at work. I asked homeowners what they thought about their house prices. Did they care if they had dropped or gone up? Answer. Nope. Unless your moving it's not really an issue. Next, are you struggling with bills? Answer......Nope. Interest rates well low and everyone hoping they stay that way even at the cost of houses not going up. Lets face it most people are clueless but remember its homebuyers who determine house prices and FTB all want prices to drop! QE or not, you can't defy gravity so sooner or later prices will drop (probably after the election!). Quote
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