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House Price Crash Forum

Just Made An Offer


LMD

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HOLA441

An important point that I've made many times on these forums using the same analogy. The sooner the bulk of EAs accept that sensible, solvent, people will not pay whatever they can beg, borrow, or steal for a house the better.

That's so true, and you often see this denial in the way HPC is described negatively by EAs on the internet, when they try to convince themselves it's all a bunch of people who can't afford to buy a house and are bitter about it.

When in fact there are loads of people on here who already have houses and probably even more who are sitting on a nice little deposit with which they COULD buy a house any moment they wanted.

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HOLA442

Well to be fair, when I make a fair offer on a house and it is rejected you do feel a little bitter and want to vent about it. The difference these days is that because of the stupidly low interest rates, vendors are in the position simply to stay put and are so leveraged many of them physically can't lower the price.

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