Chip

http://www.thisismoney.co.uk/news/ar...imbing-14.html

I am sure that Mr Lewis will disagree though

Chip

Gear Head

iTrader: (2)

But how the hell do they know that?
Did they predict the credit crunch??

I am all for being positive but I can't see wages rising by the same amount so surely demand will fall?

dpb

Got zero to do with wages

Gear Head

iTrader: (2)

So if houses get even more expensive relative to the average salary, that won't effect the demand? Really?

brendy76

iTrader: (6)

Id say getting mortgages in future will be a whole lot harder than it has been especially with the 100% + types.

Chip

And about time too.

Chip

kingofturds

iTrader: (1)

In London maybe but for the rest of the Country what utter tosh. There are dozens of newly built estates around here that are half empty because no one can afford them.

Gear Head

iTrader: (2)

I'm live on a new estate in Minster, Kent and the houses here are selling like hotcakes.

f1_fan

iTrader: (9)

Let's not confuse prices with sales. In simplistic terms if only1 house sells and it sells for 20% more than the equivalent house this time last year then house prices have risen 20% annually, but if 10000 houses sell yet only show a 1% increase... which is the healthier market?

FlightMan

Average house price £200k by 2015. Cost of a loaf of bread in 2015? £500. It's all relative.

These 'economists' haven't got a clue.

stilover

Nothing is selling, so how will prices rise?

brendy76

iTrader: (6)

I think a lot of it is shock value and trying to "stun" the public, Id be surprised if even a couple of percent of what they say actually happens to the letter.

legb4rsk

Oh dear! Can someone show me a report from 4 years ago from anybody in any sector that shows the state of the financial/housing/costs/investment/interest rates etc.etc........ that accurately shows the state of play as it stands today?



Please grow up!

Chip

They are around here in North Cardiff and we've hardly seen a drop in prices if at all.

Chip

Coffin Dodger

Unfortunately Mr Lewis has shuffled off this mortal coil to HondaNet heaven

EddScott

LOL - it's the Daily Mail what do you expect? Hard facts?

GlesgaKiss

+1. House prices to make all time highs, Sterling to make all time lows.

The Zohan

200% mortgages are the answer - what harm can it really do...

dpb

your avin a larf - hes banned from there

The Zohan

Is he, or have they restricted is internet access at The Shady Acres retirement home? He's not been the same since his they fitted the one-way valve the wrong way round on his colostomy bag

Chip

Just trawl back through a few of PSL's old threads, it's bound to be in there somewhere.

Chip

PaulC72

I wouldnt worry the hike in interest rates will kill that theory

legb4rsk

Oh yes,I forgot about him.Isn't he one of the many financial gurus who sold up everything 4 years ago & invested in gold.They're all minted now.

hodgy0_2

are you saying he is full of ****?

Dingdongler

Well done Chip old boy, you called it right

http://www.bbc.co.uk/news/business-23668507

http://www.standard.co.uk/news/londo...r-8759234.html

http://www.insidehousing.co.uk/finan...528044.article

Oh dear, poor Mattee and Tony de Socialist

tony de wonderful

What makes you say that? So if wages halved and unemployment skyrocket it would have no affect on house prices? Non at all?

tony de wonderful

Don't flatter yourself Ding. You called nothing right, just were fortunate that the state is protecting you at the expense of other people. That isn't the result of your financial genius (which you modestly claim for yourself) but being fortunate enough for political decisions to go in your favour.

john banks

These headlines make me slightly nervous for 2015, whether there is a genuine economic recovery or not. Running with the pack can be dangerous too, but also fun for a while.

tony de wonderful

It will be a 'recovery' based on rising house prices and easy credit again John. I suppose it could be worse but we aren't structural rebalancing of the economy. Somewhere like Spain is, and will emerge stronger despite the pain.

f1_fan

iTrader: (9)

Nail on head