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Topic: Re:Re:House Prices stabilise ?
Posted by: Steve Gallant
Date/Time: 17/08/14 17:51:00

Well with wages growing by 0.6% pa including (bankers)bonuses, thats not going to happen anytime soon.

it doesnt matter if your house is worth 200k or 2m while you're living in it. Its a home.
The asset value only becomes of any import if you die, sell it or borrow against it.
And even then if you buy in the same area, the increase will be negated by the one you buy having gone up too. (Happily for me I have moved from Chiswick to one of the cheaper parts of the country, enabling me to upsize and pocket some equity as well, but most cant do that as they are tied to work/school/family) 


Entire Thread
TopicDate PostedPosted By
House Prices stabilise ? 17/08/14 08:09:00 Steve Gallant
   Re:House Prices stabilise ? 17/08/14 09:26:00 Thomas Barry
      Re:Re:House Prices stabilise ? 17/08/14 17:51:00 Steve Gallant
         Re:Re:Re:House Prices stabilise ? 17/08/14 18:14:00 Gerry Tan
            Re:Re:Re:Re:House Prices stabilise ? 17/08/14 18:36:00 Steve Gallant
               Re:Re:Re:Re:Re:House Prices stabilise ? 17/08/14 18:50:00 Keith Iddon
                  Re:Re:Re:Re:Re:Re:House Prices stabilise ? 18/08/14 08:18:00 Steve Gallant
         Re:Re:Re:House Prices stabilise ? 17/08/14 21:49:00 Lynne Bruce
            Re:Re:Re:Re:House Prices stabilise ? 18/08/14 08:12:00 Steve Gallant
               Re:Re:Re:Re:Re:House Prices stabilise ? 18/08/14 08:25:00 Susan Kelly
                  Re:Re:Re:Re:Re:Re:House Prices stabilise ? 18/08/14 09:22:00 Steve Gallant
   Re:House Prices stabilise ? 18/08/14 09:20:00 Will Watson
      Re:Re:House Prices stabilise ? 18/08/14 09:28:00 Steve Gallant

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