Jump to content
House Price Crash Forum

Halifax House Price Index - September 2020


Recommended Posts

  • Replies 153
  • Created
  • Last Reply

Top Posters In This Topic

 

Proper Mental.

That's 19% annualized, in the midst of a pandemic and with London falling.

At least I was right for a change, I said as soon as the magick cash and lower IRs came out prices would shoot up.

There you have it folks, more state sponsored theft.

I'd have expected this month to at least have seen a down turn but the 3% saving on stamp duty must be a real draw for people.

Edited by TheCountOfNowhere
Link to post
Share on other sites

This thing has legs now, right through till April next year, there will be a mad rish to buy after christmas, look prices are shooting up, we're losing our jobs, we need to buy now, it'll cost ups 3% more etc etc etc, then Boris' criminal government sub-prime 0.1% 50 year inter-generational mortgages will be wheeled in

Give it up folks, they have beaten us, our money is worthless.

Link to post
Share on other sites

P.S. I forgot, the stampede of old peoples money from NS and I in Nov/Dec into pwopatee to beat the stamp duty rush·

They said house prices would fall 15%, sounds like an excuse to push them up another 20% with money they've stolen from us all again.

There will be no crash, just collapse of everything.

Link to post
Share on other sites

'Tis but a flesh wound.

Up or down by a few % makes as much difference to me as the cost of yachts or supercars. When we get to something sensible, 3x salary maybe, then the price becomes important. Until then, I'll just accept the BBC informing me that they have 'improved'.

Strangely, they are quiet about this today. I would have expected front page news about this 'recovery' in prices.

Link to post
Share on other sites
 

'Tis but a flesh wound.

Up or down by a few % makes as much difference to me as the cost of yachts or supercars. When we get to something sensible, 3x salary maybe, then the price becomes important. Until then, I'll just accept the BBC informing me that they have 'improved'.

Strangely, they are quiet about this today. I would have expected front page news about this 'recovery' in prices.

They cant use this as an excuse to print more money and lower IRs.

Link to post
Share on other sites
 

This thing has legs now, right through till April next year, there will be a mad rish to buy after christmas, look prices are shooting up, we're losing our jobs, we need to buy now, it'll cost ups 3% more etc etc etc, then Boris' criminal government sub-prime 0.1% 50 year inter-generational mortgages will be wheeled in

Give it up folks, they have beaten us, our money is worthless.

I have been in a bad mood this morning and this news doesn't help :)

Still at least the CEOs and banks keep going and at the end of the day that's modern day capitalism or socialism (no difference just words used to divide and conquer). Corporate sponsorship has fully taken over....happy days. Everyone onboard. 

Can someone please offer a real alternative? Is anyone in the political arena able to do so? 

@All comments by Pops 321 moving forward are sponsored by Persimmon Homes

Link to post
Share on other sites
 

Give it up folks, they have beaten us, our money is worthless.

Hate to admit it Count, but you're right.  The UK is toast. So much for hard work and getting on in life - those are nothing but empty soundbites in the Daily Fail and Tory party keynotes now.

It's a case of 'can't beat 'em, join em but f*** em over'.  Don't use 'their' services, make them work to your timetable, get everything in writing, challenge any fee etc.

The sad thins is this will leave a bitter and angry taste for the rest of my life.  I see how much MadGainz has undermined the country and the culture of the UK.  LIttle things like not letting boomers in Range Rovers and BMWs out of junctions when I'm driving, I will push in front of Boomers at he supermarket.  Offering 50% at car boot sales to some Boomers side line and loudly rubbishing the quality of the tat they are selling.

 

i don't care about their whining - they're traitors that have ruined the spirit of this Country.

 

Link to post
Share on other sites
 

April end of stamp duty holiday

May start of state sponsored mortgages. 

Reckon up 20% over the next 3 years on the back of that.

I want to print out the threads here into a massive book. Next time some chinless Tory boy says how the 'Free Market' is wonderful and should be supported, I'm going to beat them with it.

This site should become a testament to how the Free Market is only used to make the poor suffer.  As soon as it threatens the elites, they pull out all the stops and make the most State Interventionist Marxist look soft.

Link to post
Share on other sites
 

Hate to admit it Count, but you're right.  The UK is toast. So much for hard work and getting on in life - those are nothing but empty soundbites in the Daily Fail and Tory party keynotes now.

It's a case of 'can't beat 'em, join em but f*** em over'.  Don't use 'their' services, make them work to your timetable, get everything in writing, challenge any fee etc.

The sad thins is this will leave a bitter and angry taste for the rest of my life.  I see how much MadGainz has undermined the country and the culture of the UK.  LIttle things like not letting boomers in Range Rovers and BMWs out of junctions when I'm driving, I will push in front of Boomers at he supermarket.  Offering 50% at car boot sales to some Boomers side line and loudly rubbishing the quality of the tat they are selling.

 

i don't care about their whining - they're traitors that have ruined the spirit of this Country.

 

Had someone on twiter say to me today, they can't let prices fall otherwise people would lose money and be in NE.

I pointed out that every time prices rise the poor lose out, the 2nd steppers lose out, the savers lose out, they get no choice, the people jumping into the pyramid scam do it out of free will.

This whole thing is insane.  

Link to post
Share on other sites
 

I want to print out the threads here into a massive book. Next time some chinless Tory boy says how the 'Free Market' is wonderful and should be supported, I'm going to beat them with it.

This site should become a testament to how the Free Market is only used to make the poor suffer.  As soon as it threatens the elites, they pull out all the stops and make the most State Interventionist Marxist look soft.

There's a ready Karl Marx etc came to power.  We are saying what they said.  

Edited by TheCountOfNowhere
Link to post
Share on other sites

Finally people seem to be coming round to my point of view. A point of view I had before the charade of MMR was introduced. The powers that be will throw everything to avoid a hpc and it will work nominally. Those saving in cash are beaten again. That's said if they haven't learned from the last 12 years of financial repression then really there isn't much more anyone can do. Adapt your life accordingly. 

Plus all those cheerleaders of the stamp duty holiday who said that it wouldn't boost house prices are looking rather daft.

Link to post
Share on other sites
 

Plus all those cheerleaders of the stamp duty holiday who said that it wouldn't boost house prices are looking rather daft.

SDH hasn't done anything apart from impact sentiment.  It's the continual and ideological support to 'throw everything we can' to support HPI that boosts prices.

 

 

Link to post
Share on other sites
 

Give it up folks, they have beaten us, our money is worthless.

My mood swings from "yes its finally going to happen" to this.

Everyone:

Is there some way of creating a HPC bank of sorts that savings can be pooled in, and you keep your stake long term but people can use the pool of money to somehow do something about the situation? I have no idea what, I'm just thinking that we are all sat here individually fuming, can we collectivise effectively?? DO SOMETHING!! Power to the people etc. I'm not even sure what.

Link to post
Share on other sites

The situation is so mad that it's defying the predictions of the VIs! Even they are saying it wont last, it cant last. Surely they are concerned that this is going to go into freefall at some point. "Generation Bozo" is only aimed at FTBs - can an army of FTBs with no dosh, equity, or skin in the game, used to renting and a suspicion of over-priced housing save the situation?

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    No registered users viewing this page.

  • 433 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.