Bruce Banner Posted April 24, 2013 Share Posted April 24, 2013 leave it out Bruce. Why not, it would be a neat trick to play. House prices need to fall but allowing them to do so without a fight would not be a vote winner. Quote Link to comment Share on other sites More sharing options...
jfk Posted April 25, 2013 Author Share Posted April 25, 2013 I think the only time they mentioned that prices might be too high was when reading out an e-mail, the woman 'expert' just trotted out the old line about not enough houses/land and supply and demand. How much does she think houses would be if the banks only leant out, say, 2.5x joint earnings? They simply refuse to see the wood for the trees. good job I wasn't listening to it live otherwise the radio would have been through the window! ... what an utter load of sh1te. briefly touched on house prices being high and then a multiple of salaries but then glossed over it ... and on with the next load of BS. God, joe public is an utter utter cretin. Quote Link to comment Share on other sites More sharing options...
Tired of Waiting Posted April 25, 2013 Share Posted April 25, 2013 Why not, it would be a neat trick to play. House prices need to fall but allowing them to do so without a fight would not be a vote winner. I think you are overestimating people again Bruce. Quote Link to comment Share on other sites More sharing options...
200p Posted April 25, 2013 Share Posted April 25, 2013 There is no issue with home prices. There is only issue with mortgage availability and affordability. Now go and write this out a hundred times. The answer is loans for deposits and shared ownership schemes. Quote Link to comment Share on other sites More sharing options...
Passenger Posted April 27, 2013 Share Posted April 27, 2013 I think the only time they mentioned that prices might be too high was when reading out an e-mail, the woman 'expert' just trotted out the old line about not enough houses/land and supply and demand. How much does she think houses would be if the banks only leant out, say, 2.5x joint earnings? They simply refuse to see the wood for the trees. That was actually my comment they read out about the real issue being high house prices and not lending, deposits or mortgage availablility. Interesting that they didn't read out it in it's entirety though - the part they missed out that immediately preceded what they read was... "There are so many things stacked up against the first-time buyer it really is demoralising, and nobody ever seems to care enough to truly help or acknowledge the real issue. Only occasionally in the media are there debates such as these to highlight the issues for first-time buyers, however, many of the experts are not representative of first-time buyers and instead simply have a connection, or worse, a vested interest in selling mortgages or houses." Can't think why they didn't read that bit. Disappointed by the 'expert' response, but I guess it was to be expected. Quote Link to comment Share on other sites More sharing options...
Eddie_George Posted April 27, 2013 Share Posted April 27, 2013 I'm still not sure about that Bruce. I think you may be overestimating most of them. I'm sure a minority at the top can see the whole picture, sure, but these people on Money Box Live today? Not sure. I think they may be real morons, including and particularly the BBC presenter. I think the best way of educating the sheeple (especially those already on the "ladder") is to explain that when prices are rising the rungs on the housing "ladder" are wider. It's just hard to explain it to them in a sentence to make it obvious to them. What could get the penny to drop for the masses? Quote Link to comment Share on other sites More sharing options...
porca misèria Posted April 27, 2013 Share Posted April 27, 2013 Don't know about anyone else, but I've seen masses of stuff in the papers recently about prices being far too high/unaffordable, they need to be allowed to drop as best way to help FTBs. It was kicked off by Osborne's daft idea in the budget - and if it's kicking off such a response maybe it wasn't so daft. Yes, but how often does it have to happen? Remember the same thing in 2011. Quote Link to comment Share on other sites More sharing options...
porca misèria Posted April 27, 2013 Share Posted April 27, 2013 That was actually my comment Welcome to HPC, and what an opportune moment to sign up! But perhaps you're a long-time lurker before your moment of semi-glory? Quote Link to comment Share on other sites More sharing options...
long time lurking Posted April 27, 2013 Share Posted April 27, 2013 Don't know about anyone else, but I've seen masses of stuff in the papers recently about prices being far too high/unaffordable, they need to be allowed to drop as best way to help FTBs. It was kicked off by Osborne's daft idea in the budget - and if it's kicking off such a response maybe it wasn't so daft. A couple of years ago I would have gone along with that but now I think they see the only way they can increase GDP is through HPI If there is no growth there will be another down grade of the UK credit rating ,and they know that will be game over for them as far as getting reelected Quote Link to comment Share on other sites More sharing options...
Pent Up Posted April 28, 2013 Share Posted April 28, 2013 (edited) He/she bought iirc He is still pretty active on twitter fighting the corner. if be has bought at least he hasn't done an RB! Edited April 28, 2013 by Pent Up Quote Link to comment Share on other sites More sharing options...
billybong Posted April 28, 2013 Share Posted April 28, 2013 Whatever your question, presenter Ruth Alexander will be joined by: Ray Boulger from broker John Charcol Paula John from Your Mortgage Magazine David Hollingworth from broker London and Country It might have been helpful if the bbc had included a leader from "industry" to explain why First Time Buyers (or anyone else for that matter) should buy into housing at bloated prices and how house prices at the current bloated level is good for rebalancing the UK economy. Quote Link to comment Share on other sites More sharing options...
23rdian Posted April 28, 2013 Share Posted April 28, 2013 I heard a few minutes of this by accident and switched off as soon as I heard the panel. For me its another reason why I will never help to fund the BBC. Whatever they started as, they are now a long way from it. Quote Link to comment Share on other sites More sharing options...
Passenger Posted April 28, 2013 Share Posted April 28, 2013 Welcome to HPC, and what an opportune moment to sign up! But perhaps you're a long-time lurker before your moment of semi-glory? Yep, long-time lurker first-time noise maker. Had to at least try, even though it made no difference at all to the predictable spiel. But then ain't no real glory in a semi anyway. We need more noise though, a lot more. Quote Link to comment Share on other sites More sharing options...
bearwithasorehead Posted April 28, 2013 Share Posted April 28, 2013 Yep, long-time lurker first-time noise maker. Had to at least try, even though it made no difference at all to the predictable spiel. But then ain't no real glory in a semi anyway. We need more noise though, a lot more. welcome and keep posting!! Quote Link to comment Share on other sites More sharing options...
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