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House Price Crash Forum

Atma

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About Atma

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  1. The count of Nowhere, I respect your views. I am waiting for the time I can buy a house at a decent price. Where I am now, renting in chorlton Manchester I am disheartened by the fact that houses do go very quick and the prices are above the average wage in this area. I don't know who buys them. They are living in an area where some car insurance won't cover you.. I found that out to my cost when I moved in. It's seen as a risk both for cars and house burglaries. Areas like this seem to reflect the Nationwide data. So why. The only reason is that the BBC moved in when they opened Salford. The houses have been gentrified and there are loads of big cars that block the roads. i want to have my own house and I have lived here and my parents lived here in my own home. But it's seems here too too the greed of vested interests has ruined an area. Renting is really expensive here too.
  2. Having worked in several universities I am glad I am out. They are often challenging environments. Big egos. Split between the ones that do and those that love the research and the acclaim . I think that university salaries are high for what some staff do. I took an associate post recently and ended up doing all the jobs that the full time staff thought was menial work ..like working directly with students and sorting out all the issues of poor performance etc. there were too many staff in my humble opinion and staff liked to cherry pick the best pieces of work that led to reward. Sometimes too ideological and out of touch with the real world in my industry which was health and social care.
  3. I didn't understand what they were trying to pay for in the article.what does the terms.. Buy a short etc mean. I don't have any experience in the world of investment.
  4. http://moneyweek.com/property-crash-housing-bulls-turning-bearish/#.WPcj9fLxoHw.email?utm_source=emailfriend&utm_medium=email&utm_content=SharedArticle&utm_campaign=AddThis I found this an interesting article.q any views atma
  5. This is an interesting article. I have found the links. What do you think. The authors conclude: ‘Market crashes are hardly an optimal policy response to improving affordability, given the wider effects on the economy. If reliance on supply expansion is inadequate, then this implies the need for more integrated housing policies, where housing issues play a wider role in macroeconomic policies.’ UNDERSTANDING THE NEXT HOUSING CRISIS: Housing risk will ... www.res.org.uk/details/mediabrief/10502510/UNDERSTANDING...
  6. This is an interesting article. I have found the links. What do you think. The authors conclude: ‘Market crashes are hardly an optimal policy response to improving affordability, given the wider effects on the economy. If reliance on supply expansion is inadequate, then this implies the need for more integrated housing policies, where housing issues play a wider role in macroeconomic policies.’ UNDERSTANDING THE NEXT HOUSING CRISIS: Housing risk will ... www.res.org.uk/details/mediabrief/10502510/UNDERSTANDING...
  7. This is an interesting paper presented this week in Bristol on the housing market . I don't know how to do link but article in times today.if you go to royal economic society page or google it will come up. Would welcome any views . Atma
  8. I found one of those coins for shopping trolleys . Just wondered if they would be any good once they bring in the new pound coin. So don't want to be too smug about this find just in case.
  9. I am very disturbed by some of these ageist and incite full comments. some day you will be a wrinkly too. I think the website needs to censor some of the comments. Social care includes disabled , those with learning difficulties as well as older people. Also young people who may be disabled for a while following an accident. it reflects the type of society we want to engender. One where the toughest win and the vulnerable are seen as a waste of resources. I personally want a society where all are accepted whatever. This polarisation is just what governments want and blames the vulnerable for the inequalities in society. Plus if people have money in houses, it's the bankers and governments that manipulated the housing situation. When the crash comes then maybe you can blame some other group. I have worked in social care for many years and if you met 'those' people you are criticising then your views may change.
  10. I too have waited for the madness to stop. I have a real sense that now at last it is slowing down. I hate debt which I had for years when I had a mortgage and it was a heavy burden. I looked at website today right move now loads of properties that look like I could live in them. I went to see mortgage man yesterday who was going on about the houses always sell and keep their price. I know from fact that is not true I have seen two recessions when they couldn't give them away. I got an email from him about not being downhearted about brexit. It's the only thing that gives me hope and they say it's all about sentiment and it must have dawned on f t b that it's not the best time to buy. I am one of your baby boomers and I am renting . I feel resentment too but towards the vested interests that have taken this country for a ride with the motive of greed. So often on this website they go on about older people and it's not helpful. I have worked all my life and what I live on is peanuts compared to a lot of younger people. It's also divisive blaming one section of the population. I read today in the times the housing section article where she is scathing of people who want discounts off properties. She called it a game that property owners have to endure... I know in my bones that properties will drop. Fewer buy to let.. Loads of properties out of range for ordinary people.. Scare from Bretix. Doom in media. Debt is one of the worse nightmares to endure. Sleepless nights, panic attacks, no joy, mental health issues as a result and I have seen lots of that too. So I hope that you can sleep easy at night without worry about debt. Material things don't make you happy anyway , although housing is a basic need. Be patient as the winds are changing I know this.
  11. At the moment I am hanging fire before buying as I believe that there will be a crash. No one agrees with me as there are still houses being snapped up. They are overpriced and I worry that my belief may be wrong and I really won't get my own place again. So these graphs do not mean much to first time buyers who don't realise debt for the next 30years is a piece of concrete round their necks . I think there is an acceptance that 250000 plus is nothing. I went to view some new builds who were desperate to sell . Loads not moving. Any encouragement from serious HPC ers to give me the bottle to be patient.
  12. I want to live in Trafford area where I used to live but due to amazing price hike it seems crazy to buy at this moment. I want to buy somewhere but I resent having to get a large mortgage for the next x years just to have my own place. I read the comments on the site and am reassured that something may correct the madness. I wonder if this is an indication that things may be stopping the madness of house prices? Also should I just be patient and hold on a few months for the market to become a buyers market again. Also for the more savvy of you do you think it is ready to crash. I feel in my bones that the vested interests in the media and in government have created a panic in people buying. I feel so sorry for young people who have 240000 mortgages or more. It is so much debt for them to carry. Just want some reassurance really that the tide is turning. First time I have wrote anything on this site although I love reading your comments. Piece of sanity on the web.
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