sues_budgie Posted June 1, 2011 Share Posted June 1, 2011 Fantastic news, todays average house price is £175,000 (see the link) http://www.express.co.uk/posts/view/249854/House-prices-to-soar-by-16- EVEN BETTER NEWS - the end of boom and bust is around the corner, and by 2015, the average house price will rise to £205,000....YIPEEE This means you will need a salary of only just under £59,000 a year to be able to purchase a home, and if you are working 35 hours a week Or to be earning £32 an hour for 35 hours a week. Well thats fantastic news, the end of boom and bust is nigh, the house prices are about to shoot up and we are all going to be rich Link to comment Share on other sites More sharing options...
muddywolf Posted June 1, 2011 Share Posted June 1, 2011 It really depends on the day you read the news which way they are going... http://www.independent.co.uk/life-style/house-and-home/property/the-northsouth-divide-in-house-prices-is-widening-2291721.html http://www.introducertoday.co.uk/News/Story/?storyid=4325&title=House_prices_'will_have_to_come_down'_as_sales_slow&type=news_features Link to comment Share on other sites More sharing options...
andikay Posted June 1, 2011 Share Posted June 1, 2011 Fantastic news, todays average house price is £175,000 (see the link) http://www.express.co.uk/posts/view/249854/House-prices-to-soar-by-16- EVEN BETTER NEWS - the end of boom and bust is around the corner, and by 2015, the average house price will rise to £205,000....YIPEEE This means you will need a salary of only just under £59,000 a year to be able to purchase a home, and if you are working 35 hours a week Or to be earning £32 an hour for 35 hours a week. Well thats fantastic news, the end of boom and bust is nigh, the house prices are about to shoot up and we are all going to be rich Your title is very misleading, I assume you are being sarcastic which is very disappointing because I thought I was going to have a good argument with you about why rising prices are bad. Link to comment Share on other sites More sharing options...
Mecky Posted June 1, 2011 Share Posted June 1, 2011 me me me ... give me money money money Link to comment Share on other sites More sharing options...
Anna Glypta Posted June 1, 2011 Share Posted June 1, 2011 It really depends on the day you read the news which way they are going... http://www.independent.co.uk/life-style/house-and-home/property/the-northsouth-divide-in-house-prices-is-widening-2291721.html http://www.introducertoday.co.uk/News/Story/?storyid=4325&title=House_prices_'will_have_to_come_down'_as_sales_slow&type=news_features I don't see any conflict whatsoever. House prices are running on the bottom of the dip at the moment, but are predicted to rise sharply again once the economy starts to recover. A 16% rise by 2015 is hardly a shock. That would take them back to the 2007 levels. Link to comment Share on other sites More sharing options...
ukdobby Posted June 1, 2011 Share Posted June 1, 2011 2 things are certani,we die and property prices rise over a long period. Link to comment Share on other sites More sharing options...
Mecky Posted June 1, 2011 Share Posted June 1, 2011 2 things are certani,we die and property prices rise over a long period. Terminally greed Link to comment Share on other sites More sharing options...
muddywolf Posted June 1, 2011 Share Posted June 1, 2011 I don't see any conflict whatsoever. House prices are running on the bottom of the dip at the moment, but are predicted to rise sharply again once the economy starts to recover. A 16% rise by 2015 is hardly a shock. That would take them back to the 2007 levels. Intrest rate rises will be here long before a recovery and the tougher mortgage lending is set to stay for a while, I think there is some falling to go yet. Link to comment Share on other sites More sharing options...
TJC1 Posted June 1, 2011 Share Posted June 1, 2011 Errr, you need to be rich now to afford a house in 2011. A 40k deposit ain't back of the sofa money. Link to comment Share on other sites More sharing options...
truman Posted June 1, 2011 Share Posted June 1, 2011 Errr, you need to be rich now to afford a house in 2011. A 40k deposit ain't back of the sofa money. You can still get 95% motgages so your 40k is good for an £800k home... Link to comment Share on other sites More sharing options...
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