House Prices rocket £7000 in a month...
05 June 2014, 04:45 PM
#31
That's right, had it up for 500k a couple of years back and not one viewing. This is it. They held an open day and bingo!
http://www.rightmove.co.uk/property-...?premiumA=true
http://www.rightmove.co.uk/property-...?premiumA=true
05 June 2014, 04:48 PM
#32
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Firstly, the housing market is very thinly traded and responds to demand sharply.
Secondly, it is impossible to say if non-HTB assisted demand would be what it is now if HTB had never occurred. All those people 'panicking' to buy a house...nothing to do with knowing that others will be taking advantage of HTB? I think we both know the crowd isn't fully rational, and we are seeing crowd behavior as always.
05 June 2014, 04:48 PM
#33
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That's right, had it up for 500k a couple of years back and not one viewing. This is it. They held an open day and bingo!
http://www.rightmove.co.uk/property-...?premiumA=true
http://www.rightmove.co.uk/property-...?premiumA=true
Utter madness! That would be £200k near me and i live in a nice part of Manchester
05 June 2014, 04:51 PM
#34
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05 June 2014, 04:52 PM
#35
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With some of London excepted, things might be calming down a bit already.
http://www.ft.com/cms/s/0/ba27dc6c-d...#axzz33mORJUEx
http://uk.reuters.com/article/2014/0...0ED0XQ20140602
http://www.bbc.co.uk/news/business-27223041
Banks seem to be taking some responsible action
http://www.theguardian.com/business/...le-house-price
However feel free to ignore any of these facts
http://www.ft.com/cms/s/0/ba27dc6c-d...#axzz33mORJUEx
http://uk.reuters.com/article/2014/0...0ED0XQ20140602
http://www.bbc.co.uk/news/business-27223041
Banks seem to be taking some responsible action
http://www.theguardian.com/business/...le-house-price
However feel free to ignore any of these facts
05 June 2014, 04:57 PM
#36
Its literally under 5 minutes walk to Epping tube which adds a lot to the value
05 June 2014, 04:58 PM
#37
I think we know that statement is unwarranted.
Firstly, the housing market is very thinly traded and responds to demand sharply.
Secondly, it is impossible to say if non-HTB assisted demand would be what it is now if HTB had never occurred. All those people 'panicking' to buy a house...nothing to do with knowing that others will be taking advantage of HTB? I think we both know the crowd isn't fully rational, and we are seeing crowd behavior as always.
Firstly, the housing market is very thinly traded and responds to demand sharply.
Secondly, it is impossible to say if non-HTB assisted demand would be what it is now if HTB had never occurred. All those people 'panicking' to buy a house...nothing to do with knowing that others will be taking advantage of HTB? I think we both know the crowd isn't fully rational, and we are seeing crowd behavior as always.
You don't have to be a FTB and you need at least a 5% deposit amongst other requirements to qualify for HTB. Also HTB has not fuelled the price increase and has benefited more than it has disadvantaged others. I can only guess that the reason for your procrastination is that you're waiting for a crash in house prices, which on the face of it, is unlikely to happen anytime soon.
http://www.itv.com/news/2014-05-29/h...ces-after-all/
http://www.theguardian.com/business/...e-price-bubble
http://www.thisismoney.co.uk/money/m...purchases.html
http://www.cityam.com/blog/140177696...ls-take-london
http://blog.zoopla.co.uk/2014/06/04/...arch-suggests/
http://www.corecogroup.co.uk/help-to...-price-bubble/
Last edited by jonc; 05 June 2014 at 05:06 PM.
05 June 2014, 05:07 PM
#38
I think you were one of a number of others on here in the past who has pointed out the Government aren't doing anything to help FTB'ers like yourself. The current Government has introduced a scheme to help people like yourself to get on the housing ladder and yet you still choose to perpetuate the very thing you dispise so much by continuing to rent off private landlords whilst also looking at ways to evade paying your tax.
05 June 2014, 05:07 PM
#39
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It's not a real price rise, it's an average price rise, as reliable as "statistics"
The top end disproportionately affecting the figures is all there is to it.
The top end disproportionately affecting the figures is all there is to it.
05 June 2014, 05:16 PM
#41
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You don't have to be a FTB and you need at least a 5% deposit amongst other requirements to qualify for HTB. Also HTB has not fuelled the price increase and has benefited more than it has disadvantaged others. I can only guess that the reason for your procrastination is that you're waiting for a crash in house prices, which on the face of it, is unlikely to happen anytime soon.
Thanks for admitting that.
I also love the way it is claimed to have helped people to buy, helped builders to build....but without affecting price in any way. An economic miracle!
05 June 2014, 05:22 PM
#43
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05 June 2014, 05:27 PM
#44
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6 Bedroom Detached House
Werneth Hall - 6 Bed
London is crazy!!!
05 June 2014, 05:42 PM
#46
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Here is what £600k would get you near me (10 mins from M60 ring road):
6 Bedroom Detached House
Werneth Hall - 6 Bed
London is crazy!!!
6 Bedroom Detached House
Werneth Hall - 6 Bed
London is crazy!!!
05 June 2014, 05:42 PM
#47
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Epping isn't in London, it's in Essex. It's a very nice part of the world with loads of green open spaces but still on the tube line.
Rod Stewart lives there
Rod Stewart lives there
Last edited by Dingdongler; 05 June 2014 at 05:43 PM.
05 June 2014, 05:49 PM
#48
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You don't have to be a FTB and you need at least a 5% deposit amongst other requirements to qualify for HTB. Also HTB has not fuelled the price increase and has benefited more than it has disadvantaged others. I can only guess that the reason for your procrastination is that you're waiting for a crash in house prices, which on the face of it, is unlikely to happen anytime soon.
http://www.itv.com/news/2014-05-29/h...ces-after-all/
http://www.theguardian.com/business/...e-price-bubble
http://www.thisismoney.co.uk/money/m...purchases.html
http://www.cityam.com/blog/140177696...ls-take-london
http://blog.zoopla.co.uk/2014/06/04/...arch-suggests/
http://www.corecogroup.co.uk/help-to...-price-bubble/
http://www.itv.com/news/2014-05-29/h...ces-after-all/
http://www.theguardian.com/business/...e-price-bubble
http://www.thisismoney.co.uk/money/m...purchases.html
http://www.cityam.com/blog/140177696...ls-take-london
http://blog.zoopla.co.uk/2014/06/04/...arch-suggests/
http://www.corecogroup.co.uk/help-to...-price-bubble/
Why do you bother trying to put facts in front of the hysterical screaming school girls that are the SN massive?
You know they can't sleep well at night unless they've spent half the day on the internet moaning about this country, the government, bankers, the media etc etc.
Born moaners basically.
05 June 2014, 06:34 PM
#50
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Why do you bother trying to put facts in front of the hysterical screaming school girls that are the SN massive?
You know they can't sleep well at night unless they've spent half the day on the internet moaning about this country, the government, bankers, the media etc etc.
Born moaners basically.
You know they can't sleep well at night unless they've spent half the day on the internet moaning about this country, the government, bankers, the media etc etc.
Born moaners basically.
Anyway great to see you championing the "SN I'm alright Jack society" again (as usual).
05 June 2014, 07:10 PM
#52
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Then you saying that HTB is a cause of the bubble is also an interpretation by you, yet you attempt to push it as fact.
As for the '' I'm all right Jack society'', given that YOU are the one attempting to evade tax I'd say you are a fully paid up member.
05 June 2014, 07:46 PM
#55
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I know exactly where he lives to! One of our favorite meet up and be silly places was right opposite it. Copped Hall (sp) massive abandoned manor house full of places you could have a smoke and a grope
05 June 2014, 08:32 PM
#56
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I neither evade tax (a crime) nor avoid it. I pay full UK tax. Tax indeed which is used by the government to give to people to out bid me for property.
05 June 2014, 08:36 PM
#57
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The government is effectively taking growth and prosperity from the future to pump up the economy right now, it's total madness.
Housing has just become a pyramid scheme - those who got in early have seen the asset price inflat as younger generations are forced to take on a lifetime of debt to buy at inflated prices, and others are forced to rent for increasing amounts by the BTL'ers, who again usually got in near the top of the pyramid.
Clearly all this is not sustainable, no pyramid schemes are. Wages have to keep up for this to work, but wage inflation is far, far behind house price inflation.
Osborne is shaping up to be almost as bad a Brown. All he needs to do now is claim there's "no more boom and bust". Not only has he not learnt from the 2008 financial crisis, he is making the same mistakes that led to that crisis on a much bigger scale.
Last edited by Petem95; 05 June 2014 at 08:37 PM.
05 June 2014, 09:06 PM
#59
Scooby Regular
Jonc, you appear quite financially savvy, so I'm staggered you can't see HTB for what it actually is. As others have already said FTB's need cheaper homes, not the ability to take on even more debt to buy an even more expensive home.
The government is effectively taking growth and prosperity from the future to pump up the economy right now, it's total madness.
Housing has just become a pyramid scheme - those who got in early have seen the asset price inflat as younger generations are forced to take on a lifetime of debt to buy at inflated prices, and others are forced to rent for increasing amounts by the BTL'ers, who again usually got in near the top of the pyramid.
Clearly all this is not sustainable, no pyramid schemes are. Wages have to keep up for this to work, but wage inflation is far, far behind house price inflation.
oOsborne is shaping up to be almost as bad a Brown. All he needs to do now is claim there's "no more boom and bust". Not only has he not learnt from the 2008 financial crisis, he is making the same mistakes that led to that crisis onoa much bigger scale.
The government is effectively taking growth and prosperity from the future to pump up the economy right now, it's total madness.
Housing has just become a pyramid scheme - those who got in early have seen the asset price inflat as younger generations are forced to take on a lifetime of debt to buy at inflated prices, and others are forced to rent for increasing amounts by the BTL'ers, who again usually got in near the top of the pyramid.
Clearly all this is not sustainable, no pyramid schemes are. Wages have to keep up for this to work, but wage inflation is far, far behind house price inflation.
oOsborne is shaping up to be almost as bad a Brown. All he needs to do now is claim there's "no more boom and bust". Not only has he not learnt from the 2008 financial crisis, he is making the same mistakes that led to that crisis onoa much bigger scale.
the whole fvcking lot,
instead it was bailed out to the tune of 100 of billions of pounds - in fact the final amount is actually irrelevant because in reality it was an unlimited amount of money, unlimited, unfvcking limited (from the losers who post and whinge on this very forum, no wonder they seem so fvcking confused)
(they = the government of whatever flavor)
you tragically underestimate the power of the status quo
what we have at present is a *******ized facsimile of capitalism, - cronyism and a toxic state oligarchy
ps if you think ukip is the answer you are a fuctard
Last edited by hodgy0_2; 05 June 2014 at 09:15 PM.
05 June 2014, 09:25 PM
#60
Scooby Regular
I made reasoned arguments and was critical of the 'facts' which jonc presented. Indeed the 'research' jonc presentes doesn't even state unequivocally what he thinks it does; everything is caveated and qualified.
I neither evade tax (a crime) nor avoid it. I pay full UK tax. Tax indeed which is used by the government to give to people to out bid me for property.
I neither evade tax (a crime) nor avoid it. I pay full UK tax. Tax indeed which is used by the government to give to people to out bid me for property.
Reasoned in your opinion perhaps. Again and again you have pushed the notion that htb is responsible for house price inflation. Perhaps you are right but I'd like to see the proof please rather than you trying to just repeat it enough times to make it sound like fact.
I accept that you may not have succeeded to evade or avoid tax but it is a matter of record that you sort advice on this very forum to do just that.
I think that tells me all I need to know about the ''I'm alright Jack'' attitude that lurks just below your surface.