undersupply

Can u teach me?

What a crass statement. My reading of Apom's anecdote is that she wants/needs to move. It doesn't matter if it's worth 300k does it, she needs`to sell and rebuy. Why does she need to rebuy? What is wrong with renting and putting the money in a deposit account? How is it crass to say this?

Or rent. I fail to see why u r trying to emotionally manipulate people into feeling sorry 4 someone with a probably mortgage free asset of £160,000. Home ownership is not mandatory you know.

Cheers

There is a commentary on the IRs here. I had to laugh as whilst the writer admits that US rates are about to rise above the UK and that this is very rare indeed... that it does not look like UK IRs are going to going up and that . Hmm, Laughing my bottom off! I can't see where it says that "quote" in the article, are you using poetic licence?

Zero yield eh! Seems like you have a very different definition of rental yield to the rest of the world. I have the mortgage in my name only so I decide when its sold. When I sell I have to give 50 % of the deposit plus the profit to her. Shes happy with that and so am I. If she wants out,i would sell or buy her out. Bought in jan 2002. It was a "wonderful investment" having increased in value by 50% in 4 years. That wasn't skill though just good luck.

I rent and my sister rents, we don't live together but we bought a property together to rent out. It was a ballache at the start but now it just runs itself. I would recommend this because you can usually trust your family more than some golddigga. of course it is better to buy on ure own but I couldnt afford to do so at that time.

LONDON estate agents think LONDON prices will go up. Funny that North east median wages are only 10% less than average, yet average prices are about a third of london prices. I cant believe the times published such unsubstantiated utter rubbish with no fundamentals to back it up. Was it the north pole they were taking about?

You all champion him, but his cutting of IR fuelled the house price rises of 20% pa and the consumer debt. Interest rates weren't increased at the RIGHT time to cause a slowdown. So a lot of hot air and rhetoric from Merv to his LSE friends but no IR rises to hurt the credit junkies. He talks the talk, but does he walk the walk? Cant keep up with the metaphors- let me explain -predicting an economic downturn after an upturn doesn't win you the nobel prize for economics these days.

I suppose if you cry wolf often enough and 4 long enough, one might escape from a zoo somewhere someday. Even a stopped clock tells the right time twice a day.

Hmmm, Thats a conspiracy step too far , all those surveys are listed on this site as are the news reports from the last crash, which you pointed out. If they had no credibility surely this site would be the first to ignore them. Can't see how the FT have a vested interest, maybe you can explain. Surely stagnation is the worst case scenario for vested interests as the volume of sales falls. falling house prices would increase the volume of sales, if the laws of supply and demand apply.

EA's are only interested in selling property, so they reduce exorbitant prices to con-vince buyers to buy.These are not "real" price drops. Halifax, Nationwide, Rightmove, FT, and LR measure house prices and these give a truer picture when you take them all together over a 3 month period.

Apollo 1966 was banned from posting and all his posts have been deleted. One of the moderators likes to give abuse but can't take it :angry:

No one wins or loses... Housepriceennui.co.uk http://news.ft.com/cms/s/63440b80-528f-11d...00779e2340.html

More on the Ouseburn Valley here... http://icteesside.icnetwork.co.uk/0400busi...-name_page.html

Less than Zero! I'm a big Brett Easton Ellis fan

YOY Land registry for Tyne and Wear up from 127645 to 130131. Smallest gains in flats maisonettes, biggest in detached houses.

Edels piece on the parents buying gaffs contains a cracker line where she says that in 10 years time it will be unheard of to live in a house and canny investors are buying them now knowing they will be demolished to make way for apartments. Cant wait for Irelands HPC, how I hate the new rich and their borrowed money!

HMMM, thanks 4 the tips, but I only go where Ryanair and Easyjet do. I'm all about the EU, and 40 minutes from Vienna sounds more civilised than a lot of UK chav hotspots. My big concern is whether to buy before the Slovak crown goes into the euro or after 2007?2008. Do I take the currency hit from devaluation to be in before the sheeple and will that be offset by the fall in interest rates from over 6 % to 2%? Yields look good at 8-10%. AHH, the paralysis of analysis

Rightmove most recent North YOY is plus 4.8%. They don't break it down any further though.

I wanna buy here in 2006, any one else interested, any advice or warnings appreciated.

What ! No bids, I am amazed So you lose your deposit and get sued by Permisson for failure to complete. Flipping Hell

The only VI's are on this site. Youre saying Halifax, Nationwide, Rightmove, and now RICS are all lying to mess your crash up?