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And, under no circumstances are you allowed to do anything productive.

Greece - bailout. Ireland - bailout. Portual - will be bailed out (according to reports from Portugese politicians, it's not a case of if but when). Spain - Huge problems. Italy/Belguim - questions over their budgets/sovereign debt. All this will have an impact on us and our economy. This QE...

Ahh, he sees the future :thumbsup:. Now, you may be right; you may be wrong, but it's a guess, not a fact....

But a lot of these jobs were part-time and the increase in earnings from a low previous position. Statistics can be used to represent any position.

I think that some of this argument has become polarised by language (crash/correction etc). The issue, as far as I can see, is do we think it is sensible for house prices to continually go up by more than the rate of inflation? Logically, it must be no. Therefore, the issue is then; what is a...

And that just goes to show the stupidity involved with everyone who thinks house price rises are a good thing. I too think we're going to get a crash/adjustment over the near term. There may be times when we get a dead-cat bounce, but if you read unbiased comments (can recommend...

Article from FT New homes data spell declining market By Ed Hammond and Norma Cohen Published: September 3 2010 22:30 | Last updated: September 3 2010 22:30 The nascent recovery in the house building market appears to have ground to a halt as a leading industry survey, which measures the...

Actually, the point was about writing rubbish, not about your profession. For example; your - you're, etc. I think that everyone (when in comes down to it), is selfish/out for themself. I don't view estate agents any worse than mechanincs, insurance salesmen, whatever. You get 'good' and...

The issue which I have about house prices, is the relative increase to inflation/average wages. This is undeniable. The only sporting argument appears to be that there is an imbalance between supply and demand. So many seem to view this as good; why? We all need somewhere to live; yet to...

Pot - kettle - black; me thinks.

I meant it more from the supply/demand in general, i.e. demographics; and not the temporary movements in the numbers of properties for sale/buyers who can afford a mortgage.

Care to elaborate ?

Very true. I have some friends who moved here from Germany. More people there seem to rent than buy, but rents are much cheaper. Over here, the rental market has been corrupted by Buy-To-Let landlords who want someone else to pay their mortgage for them. The selling of council houses was...

I live in Telscombe Cliffs in a 4 bed detached house - 1960's build so large bedrooms and reasonable sized garden. 'Value' approx £330k. However, build cost would probable be abour £130k - £150k I guess. Therefore, the rest of the value is in the land and profit for ???. Rediculous. We need...

I think the figure was from the FT - not my figures.

Exactly. It's the something for nothing mentality. Same with the city mentality. Gambling with our money (pensions, ISAS etc); make a loss, not problem. Make a profit; big bonus.

Why this desire/obsession for house prices to rise faster than inflation? Most insane. Really think about it. Someone buys a house 40 years ago in London for £100,000. Now it's worth £1,000,000 (excluding the effects of inflation). This person is now a millionaire, for doing jack-shit...