New Posts For Thread: Why are high house prices a good thing?https://community.betfair.com/tradefair__financials/go/thread/view/94198/23382110/why-are-high-house-prices-a-good-thingEverything is being thrown at the issue to stop house prices falling. In the long term what would be wrong with houses once again being affordable at a reasonable multiple of earnings?as a long term investment....only a moron wouldnt buy a house...https://community.betfair.com/tradefair__financials/go/thread/view/94198/23382110/why-are-high-house-prices-a-good-thing?post_id=416306162#416306162as a long term investment....only a moron wouldnt buy a house...Fri, 06 Nov 2009 06:17:12 -0600wolseyFFS don't encourage them. Even as we speak chisel is sending a crayoned plea on Broadmoor bog paper to a certain Mr Darling/Brown.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23382110/why-are-high-house-prices-a-good-thing?post_id=416306158#416306158wolseyFFS don't encourage them. Even as we speak chisel is sending a crayoned plea on Broadmoor bog paper to a certain Mr Darling/Brown.Fri, 06 Nov 2009 04:43:02 -0600they arent.the less people pay for a mortgage/rent, the more cash they have to themselves to spend elsewhere and on other things. people getting up to their eyes in debt to buy a house, means more control, power and money for the banks. 200bn in thehttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23382110/why-are-high-house-prices-a-good-thing?post_id=416306150#416306150they arent.the less people pay for a mortgage/rent, the more cash they have to themselves to spend elsewhere and on other things. people getting up to their eyes in debt to buy a house, means more control, power and money for the banks. 200bn in theFri, 06 Nov 2009 00:49:59 -0600The big cheeses realise the commercial property bubble is about to hit, the amount of money tied up there is going to hit an even bigger hole in their pockets. Get ready for round 2, every tom, dick or harry knows things are grim, who wants to buy athttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23382110/why-are-high-house-prices-a-good-thing?post_id=416306146#416306146The big cheeses realise the commercial property bubble is about to hit, the amount of money tied up there is going to hit an even bigger hole in their pockets. Get ready for round 2, every tom, dick or harry knows things are grim, who wants to buy atThu, 05 Nov 2009 18:23:35 -0600house represents you wealth....and your good sense that its going to be worth a lot in the future....nothing else comes close.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23382110/why-are-high-house-prices-a-good-thing?post_id=416306110#416306110house represents you wealth....and your good sense that its going to be worth a lot in the future....nothing else comes close.Thu, 05 Nov 2009 11:44:00 -0600MikkaddThae banks were a disgrace, but some were a bigger digrace than others..I have asked this question before.. When will banks write back up the value of their assetts. Are all toxic loans toxic?https://community.betfair.com/tradefair__financials/go/thread/view/94198/23382110/why-are-high-house-prices-a-good-thing?post_id=416305914#416305914MikkaddThae banks were a disgrace, but some were a bigger digrace than others..I have asked this question before.. When will banks write back up the value of their assetts. Are all toxic loans toxic?Tue, 03 Nov 2009 08:30:28 -0600chisel 02 Nov 16:26 Dont think so!Low house price inflation for forseeable future will help homes become more affordable. Buyiong is no more expensive than renting in many areas. Lenders will be falling over tehmselves to lend money in 2010 and behttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23382110/why-are-high-house-prices-a-good-thing?post_id=416305906#416305906chisel 02 Nov 16:26 Dont think so!Low house price inflation for forseeable future will help homes become more affordable. Buyiong is no more expensive than renting in many areas. Lenders will be falling over tehmselves to lend money in 2010 and beTue, 03 Nov 2009 08:28:35 -0600Because almost everyone that writes and talks in the media about the subject lives in a big house.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23382110/why-are-high-house-prices-a-good-thing?post_id=416305894#416305894Because almost everyone that writes and talks in the media about the subject lives in a big house.Tue, 03 Nov 2009 04:52:44 -0600Renting would be cheaper too if house prices were cheaper and we'd all be better off.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23382110/why-are-high-house-prices-a-good-thing?post_id=416305878#416305878Renting would be cheaper too if house prices were cheaper and we'd all be better off.Tue, 03 Nov 2009 03:04:26 -0600Just because the eurolad for eg increases its rates does not mean we have to follow-a year of £1=€.90 would help us get out of this thing.Bet you Ireland and Spain wish they had floating rates!https://community.betfair.com/tradefair__financials/go/thread/view/94198/23382110/why-are-high-house-prices-a-good-thing?post_id=416305874#416305874Just because the eurolad for eg increases its rates does not mean we have to follow-a year of £1=€.90 would help us get out of this thing.Bet you Ireland and Spain wish they had floating rates!Mon, 02 Nov 2009 09:41:06 -0600