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shavedchimp

House Price Crash Discussed, Bbc Radio 2, 1pm Friday 25th

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I heard today that the topic on Jeremy Vine's programme after 1pm on Friday 25th May is to be the possibility of a house price crash.

Let's email salient and informed points to this much listened to programme to present the other side of the story.

vine@bbc.co.uk

or call 0500-288291 (if you're good at public speaking, sadly I'm not)

<_<

ShavedChimp

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I heard today that the topic on Jeremy Vine's programme after 1pm on Friday 25th May is to be the possibility of a house price crash.

<_<

ShavedChimp

Perfect opportunity for some 'Radio Bingo' from the call in..

I'll take the following 5:

"It's supply and demand innit?"
"It's my pension"
"House prices always go up... .... in the long run, obviously."
"I bought my first house for <price> in <year>....now it's worth <fictitious_price>...."
"it's different this time"

I can't wait. <_<

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Perfect opportunity for some 'Radio Bingo' from the call in..

I'll take the following 5:

"It's supply and demand innit?"
"It's my pension"
"House prices always go up... .... in the long run, obviously."
"I bought my first house for <price> in <year>....now it's worth <fictitious_price>...."
"it's different this time"

I can't wait. <_<

I'll go for "Renting is dead money" :P

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Perfect opportunity for some 'Radio Bingo' from the call in..

I'll take the following 5:

"It's supply and demand innit?"
"It's my pension"
"House prices always go up... .... in the long run, obviously."
"I bought my first house for <price> in <year>....now it's worth <fictitious_price>...."
"it's different this time"

I can't wait. <_<

It takes all sorts to make a programme. Do call in and/or email before and during. They want to know what you think. Be no longer the silent minority.

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I'm looking forward to this as well. Most of my colleagues at work listen to Jeremy Vine. My colleague who shares the same office as me overheard this programme advertised on the Vine show today and she said "What's that about a property crash?" I tell you - the media is getting very bearish at the moment. I cannot remember a time when there was so much bear porn on the air-waves. I guess it makes up for the endless ramping of Phil and Krusty and co over the last few years. Now is the time bears - our voice is finally being heard and we are finally being taken seriously!

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If anyone manages to get on this programme, don't forget to mention that wages are not matching house prices and something has to give especially coupled with rising Interest Rates.

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I'll go for "Renting is dead money" :P

How can it be dead money ?

If thats the case then all money for food, petrol, clothes, tax, holidays, cars, etc is dead money.

You paid for a service, which is a roof over your head.

if you put petrol in a car to get from a to b... you get there. Its not dead money because it paid for a service.

The same with renting, you are paying for a service.

Most of your mortgage is dead money because of the interest paid.

renting is dead money is like saying 'eating is a waste of money'

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How can it be dead money ?

If thats the case then all money for food, petrol, clothes, tax, holidays, cars, etc is dead money.

You paid for a service, which is a roof over your head.

if you put petrol in a car to get from a to b... you get there. Its not dead money because it paid for a service.

The same with renting, you are paying for a service.

Most of your mortgage is dead money because of the interest paid.

renting is dead money is like saying 'eating is a waste of money'

Er ... if you care to read the prior posts to mine and then read mine again, you may detect bit of irony that was being portrayed towards the misguided mindset of the brainwashed masses. I'll give you a clue: "Radio Bingo".

Obviously it didn't really work the first time so I'd better get my coat.

Edited by Bootstrap

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Er ... if you care to read the prior posts to mine and then read mine again, you may detect bit of irony that was being portrayed towards the misguided mindset of the brainwashed masses. I'll give you a clue: "Radio Bingo".

Obviously it didn't really work the first time so I'd better get my coat.

Lol,

But still, read out that paragraph you quoted for the poster missing the irony- great way of telling on the show when dead money is not dead.

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Lol,

But still, read out that paragraph you quoted for the poster missing the irony- great way of telling on the show when dead money is not dead.

Yes. Credit due to debtfree (no pun indended lol), a good counter-argument against this "renting is dead money" myth (amongst others) that is peddled around. I share their sentiments (the irony in their post)!

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WEBMASTER,

Can't we have this pinned......?

Other than that can everyone who reads it 'bump' it so it stays on the front page.

Should be an interesting debate.

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Er ... if you care to read the prior posts to mine and then read mine again, you may detect bit of irony that was being portrayed towards the misguided mindset of the brainwashed masses. I'll give you a clue: "Radio Bingo".

Obviously it didn't really work the first time so I'd better get my coat.

No, i'll get mine

Credit were credits due :lol:

Bingo ?

Edited by debtfree

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How can it be dead money ?

If thats the case then all money for food, petrol, clothes, tax, holidays, cars, etc is dead money.

You paid for a service, which is a roof over your head.

if you put petrol in a car to get from a to b... you get there. Its not dead money because it paid for a service.

The same with renting, you are paying for a service.

Most of your mortgage is dead money because of the interest paid.

renting is dead money is like saying 'eating is a waste of money'

Only difference being of course that after 20 odd years the renter has nothing and the guy with the mortgage has a home he can live in as long as he likes.

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Only difference being of course that after 20 odd years the renter has nothing and the guy with the mortgage has a home he can live in as long as he likes.

...and the renter's income from other investments that would otherwise have been ploughed into a mortgage (+ maintenance costs, less rent which yields a large positive difference at today's prices) over those years is paying the rent. Meanwhile the buyer still needs somewhere to live and cannot realise the 'cash' - oh and still has the maintenance costs. How much better or worse off you would be had you bought or rented after x years depends on when you buy in the property cycle, IMHO.

Edit: removed stupid typo!

Edited by Bootstrap

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