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Hpc.co.uk - Being Slagged On Moneysavingexpert.com

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Go into the 'house buying / selling' section.

A whole thread dedicated to housepricecrash.co.uk.

The general consensus seems to be - prices fall but recover and always go up long term. The HPC bears are just bitter loosers.

Go get em boys.

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Guest The_Oldie

Go get em boys.

It's really not worth the effort, they are entitled to their opinions.

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Can't be bothered to go look, but surely that's correct - history tells us that house prices go up in the long term, but show cyclical variations. If we get a crash, prices will indeed recover, and ultimately end up higher than they are now. Winners buy and sell at the right time - simple as that. Anyone on here who refuses to buy at the bottom of the trough when it comes, will indeed be a loser, as much as mugs who bought at the peak.

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It's really not worth the effort, they are entitled to their opinions.

Perhaps they have a point!

Ive always said a crash probably needs a significant economic jolt given the rise of IO mortgages, low interest rates and a mass influx of immigrants.

Serious bears since this site started claim rates are about to rise. The problem is the BOE dare'nt becasue the public will never forgive them.

Rates will only rise significantly if the BOE have absolutely no other option.

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No point responding - IMO they wouldn't be able to take onboard or understand any of the arguments expressed anyway

Inflation/IR rises are going to crush them in the next few years - wonder how many of them have calculated that into their repayment plan?

http://forums.moneysavingexpert.com/showthread.html?t=199595

"Sadly most FTBs buying today will be in this category, my sister included. They are only thinking about affordability of the mortgage at the current fixed rate."

Edited by dnd

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From the thread there:

"It's one thing having constructive discussion about a predicted crash but quite another rubbing their hands in glee and taking great pleasure in wishing financial harm on others"

Sadly that, in my view, goes on to much here. (exception: TTRTR who deserves everything he gets / is as guilty of rubbing his hands with glee as anyone else).

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Guest

Well of course, Vinny, nobody thinks about the harm for first time buyers that this whole boom has caused.

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Guest Bart of Darkness
Serious bears since this site started claim rates are about to rise. The problem is the BOE dare'nt becasue the public will never forgive them.

I would be astonished if most members of the general public could name even one member of the BoE who is responsible for setting IRs (not even Merv himself).

The person they will blame will be Prudence Brown.

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  • 302 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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