How far will house prices fall? [Volume 3]

[VoziKaoFangio]

Pork said:

Since you mentioned Ed Balls, what always amuses me about him is that he has an answer for everything - you know, like the smart arsed kid a school that no one likes

I know someone who was in the same class as Balls at senior school. He told me once that Balls WAS the smart-arsed kid that no-one liked.

[Pork]

Digga said:

Another example of how the largesse of the hoouse-owning & gold-plated-pension 'earning' generations have milked money from future generations.

I think that is only believed now as they're, mostly, sat on houses of overinflated values. If say, your average 4 bed family home was worth £60k instead of many hundreds of thousands, they wouldnt be so envied.

[Digga]

VoziKaoFangio said:

Pork said:

Since you mentioned Ed Balls, what always amuses me about him is that he has an answer for everything - you know, like the smart arsed kid a school that no one likes

I know someone who was in the same class as Balls at senior school. He told me once that Balls WAS the smart-arsed kid that no-one liked.

He may have an answer, but if it is an answer to the question asked - not a given - then it is usually utter piffle.

[Pork]

VoziKaoFangio said:

I know someone who was in the same class as Balls at senior school. He told me once that Balls WAS the smart-arsed kid that no-one liked.

[Andy Zarse]

Pork said:

Digga said:

Another example of how the largesse of the hoouse-owning & gold-plated-pension 'earning' generations have milked money from future generations.

I think that is only believed now as they're, mostly, sat on houses of overinflated values. If say, your average 4 bed family home was worth £60k instead of many hundreds of thousands, they wouldnt be so envied.

Ordinary folk with a house worth 250K, and a couple of public sector pensions paying 12k pa...

These greedy tax-dodging people are what Ed Millipede would call "millionaires", and apparently Osbourne is writing them a fat cheque for 40k every year. I'm not sure how this works Ed, but you want to put a stop to it...

[Andy Zarse]

Pork said:

VoziKaoFangio said:

I know someone who was in the same class as Balls at senior school. He told me once that Balls WAS the smart-arsed kid that no-one liked.

[MycroftWard]

Politicians are a depressing bunch, especially those of the Labour variety as said. The more I listen to them, the more I think they are just like characters from "The Thick Of It". Just blaggers reacting to events, no vision or credible solutions present.

[Digga]

MycroftWard said:

Politicians are a depressing bunch, especially those of the Labour variety as said. The more I listen to them, the more I think they are just like characters from "The Thick Of It". Just blaggers reacting to events, no vision or credible solutions present.

I don't feel the Tories are much better, they're just generally better educated and connected blaggers. A bit more convincing, but in the final analysis few of them have ever achieved much outside of the political sphere.

To be fair, Labour has a handful of very dilligent and honest politicians - Frank Field for one.

[spikeyhead]

Digga said:

MycroftWard said:

Politicians are a depressing bunch, especially those of the Labour variety as said. The more I listen to them, the more I think they are just like characters from "The Thick Of It". Just blaggers reacting to events, no vision or credible solutions present.

I don't feel the Tories are much better, they're just generally better educated and connected blaggers. A bit more convincing, but in the final analysis few of them have ever achieved much outside of the political sphere.

To be fair, Labour has a handful of very dilligent and honest politicians - Frank Field for one.

I'm very disappointed with the current lot on both sides.

[Andy Zarse]

Digga said:

I don't feel the Tories are much better, they're just generally better educated and connected blaggers. A bit more convincing, but in the final analysis few of them have ever achieved much outside of the political sphere.

To be fair, Labour has a handful of very dilligent and honest politicians - Frank Field for one.

And poor Malcolm Wicks died the other day aged 65. He was one of the good ones.

[Digga]

Andy Zarse said:

Digga said:

I don't feel the Tories are much better, they're just generally better educated and connected blaggers. A bit more convincing, but in the final analysis few of them have ever achieved much outside of the political sphere.

To be fair, Labour has a handful of very dilligent and honest politicians - Frank Field for one.

And poor Malcolm Wicks died the other day aged 65. He was one of the good ones.

Not forgetting the poor ex-postie whose Mrs availed herself of the security staff, Alan Johnson. I don't agree with all he says but I do beleive he is a man of principle. Even if his wife wasn't.

[turbobloke]

Digga said:

Andy Zarse said:

Digga said:

I don't feel the Tories are much better, they're just generally better educated and connected blaggers. A bit more convincing, but in the final analysis few of them have ever achieved much outside of the political sphere.

To be fair, Labour has a handful of very dilligent and honest politicians - Frank Field for one.

And poor Malcolm Wicks died the other day aged 65. He was one of the good ones.

Not forgetting the poor ex-postie whose Mrs availed herself of the security staff, Alan Johnson. I don't agree with all he says but I do beleive he is a man of principle. Even if his wife wasn't.

ISWYM. When almost any Labour politician appears on TV, my reaction after a few seconds of the usual complete and utter bks they spout is to look for something heavy to throw at the screen, usually managing to use the remote instead. With the ex-Postie it didn't happen, sometimes I even made it through to the end of his contribution. Normally I would still disagree but he spoke in a principled and calm way, lacking the usual bilge from bluffers such as Byers in the past and Red Ed today. He was also honest enough to know when he was out of his depth...rare.

[baz1985]

turbobloke said:

ISWYM. When almost any Labour politician appears on TV, my reaction after a few seconds of the usual complete and utter bks they spout is to look for something heavy to throw at the screen, usually managing to use the remote instead. With the ex-Postie it didn't happen, sometimes I even made it through to the end of his contribution. Normally I would still disagree but he spoke in a principled and calm way, lacking the usual bilge from bluffers such as Byers in the past and Red Ed today. He was also honest enough to know when he was out of his depth...rare.

1. manontheleft- I have always enjoyed listening to his thoughts on 'This Week'. Portillo is good value too.

[turbobloke]

Portillo and Abbott together...a real dilemma for me as a viewer.

[Derek Chevalier]

MycroftWard said:

I should think it's a pretty good time to buy right now, in the midst of a recession, once growth comes back house prices will no doubt be on the up once more.

Edited by MycroftWard on Wednesday 3rd October 09:52

Are you

a). An employee of a major housebuilder
b). Grant Shatt's replacement?

[MycroftWard]

Derek Chevalier said:

MycroftWard said:

I should think it's a pretty good time to buy right now, in the midst of a recession, once growth comes back house prices will no doubt be on the up once more.

Are you

a). An employee of a major housebuilder
b). Grant Shatt's replacement?

Heh, none of the above I'm afraid.

So at what point in the economic cycle do you think it's an optimal time to buy with regards to price? It's not going to be when banks are lending easy and the tele is only spouting good news.

[rover 623gsi]

if you find a property that you want to live in and you can afford the deposit and repayments then now is as good a time as any to buy

[Derek Chevalier]

MycroftWard said:

Derek Chevalier said:

MycroftWard said:

I should think it's a pretty good time to buy right now, in the midst of a recession, once growth comes back house prices will no doubt be on the up once more.

Are you

a). An employee of a major housebuilder
b). Grant Shatt's replacement?

Heh, none of the above I'm afraid.

So at what point in the economic cycle do you think it's an optimal time to buy with regards to price? It's not going to be when banks are lending easy and the tele is only spouting good news.

When the general population think that investing in property is a terrible idea.

[Hitch78]

Derek Chevalier said:

MycroftWard said:

Derek Chevalier said:

MycroftWard said:

I should think it's a pretty good time to buy right now, in the midst of a recession, once growth comes back house prices will no doubt be on the up once more.

Are you

a). An employee of a major housebuilder
b). Grant Shatt's replacement?

Heh, none of the above I'm afraid.

So at what point in the economic cycle do you think it's an optimal time to buy with regards to price? It's not going to be when banks are lending easy and the tele is only spouting good news.

When the general population think that investing in property is a terrible idea.

Takes a lot to change the national phsyche - past slumps in the market have not achieved it so I don't see why the current stagnation will.

[Derek Chevalier]

Hitch78 said:

Derek Chevalier said:

MycroftWard said:

Derek Chevalier said:

MycroftWard said:

I should think it's a pretty good time to buy right now, in the midst of a recession, once growth comes back house prices will no doubt be on the up once more.

Are you

a). An employee of a major housebuilder
b). Grant Shatt's replacement?

Heh, none of the above I'm afraid.

So at what point in the economic cycle do you think it's an optimal time to buy with regards to price? It's not going to be when banks are lending easy and the tele is only spouting good news.

When the general population think that investing in property is a terrible idea.

Takes a lot to change the national phsyche - past slumps in the market have not achieved it so I don't see why the current stagnation will.

Give it a couple of decades