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ASDA (wiggles and points to bum) report price drops with a sense of gaity and positivism. So why doesn't everyone point to dropping house prices with the same sense of joy many on here feel when they see affordability rise and debt fall?

Edited by Realistbear

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ASDA (wiggles and points to bum) report price drops with a sense of gaity and positivism. So why doesn't everyone point to dropping house prices with the same sense of joy many on here feel when they see affordability rise and debt fall?

Think of the poor hard working families whose wealth is plummeting! And the poor BTL investors who are going out of their way and working hard to keep renting scum like you with a roof over your head!

You should be ashamed!

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ASDA (wiggles and points to bum) report price drops with a sense of gaity and positivism. So why doesn't everyone point to dropping house prices with the same sense of joy many on here feel when they see affordability rise and debt fall?

House = asset (which of course it is if not mortgaged up to the hilt)

Groceries = consumption

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ASDA (wiggles and points to bum) report price drops with a sense of gaity and positivism. So why doesn't everyone point to dropping house prices with the same sense of joy many on here feel when they see affordability rise and debt fall?

+ 1

Exactly!!!

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House = asset (which of course it is if not mortgaged up to the hilt)

Groceries = consumption

So are new cars but many people are happy to loose 50% on them. Its all about expectation generated through years of brainwashing.

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Wrong.

Land = asset

House = consumption

...but if houses took less consumption, would have more to spend elsewhere....food that is digested and cars that depreciate. ;)

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...but if houses took less consumption, would have more to spend elsewhere....food that is digested and cars that depreciate. ;)

You mean, If land took less consumption.....

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could say, but land without a house on it does not consume/cost much. ;)

A land with a house on it doesn't literally consume anything either

I thought we were talking about the cost/price of bringing them into production

Edited by Stars

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A land with a house on it doesn't literally consume anything either

I thought we were talking about the cost/price of bringing them into production

Yes it does, it consumes money to buy it that no way has any relation to its real value or worth.....so tying up available funds that could be better spent keeping/propping up the economy. ;)

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  • 259 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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