The government will also do everything in their power to prop up the property market, as they always do.
Trading the stockmarket (NO Referrals)
- Thread starter mcast123
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The government will also do everything in their power to prop up the property market, as they always do.
The problem isn't the performance of the property market (so British to immediately jump to that conclusion though
), the problem is that because property prices are insane in this country, there's very little scope to increase interest rates without seriously hitting people's standard of living.Yes as people being homeless is not good!
The market can tolerate greater interest rates especially if wage inflation picks up. However it needs to be done carefully.The problem isn't the performance of the property market (so British to immediately jump to that conclusion though
Not sure what that is supposed to mean, do people suddenly become homeless if property prices aren't running at 15% pa?
No if they can’t afford rent or mortgages of courseNot sure what that is supposed to mean, do people suddenly become homeless if property prices aren't running at 15% pa?
House price growth is due to shortages. With so many construction companies going under at the moment we aren’t going to be building much for the foreseeable either.
Soldato
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I could really do with a massive property price crash (not that it'll happen) as have a 20% equity loan; it'd be great to be able to use some savings to snipe it off during a crash (though actually it wouldn't surprise me if the terms of it have some annoying clause that prevents it!)
As others have said, the last thing the government want is for interest rates to spike and the house market to crash. Ultimately the housing market going up all the time doesn't benefit anyone until they go to sell at the end.
If my house was worth £250k instead of £500k then when I want to buy the next house up and the market has inflated by 10% I would be paying less.
People don't seem to be able to do the simple maths that x% of a higher amount is more than x% of a lower amount. Great, My £250k house is now worth £275k but the £400k house I want is now £440k. I'm £15k worse off and I have to pay more stamp duty.
The people who really benefit from the housing market booming are the generation about to sell and downsize and people who rent properties or flip properties. Everyone else loses and yet we are all happy when our house increases in value 10% in a few years.
If my house was worth £250k instead of £500k then when I want to buy the next house up and the market has inflated by 10% I would be paying less.
People don't seem to be able to do the simple maths that x% of a higher amount is more than x% of a lower amount. Great, My £250k house is now worth £275k but the £400k house I want is now £440k. I'm £15k worse off and I have to pay more stamp duty.
The people who really benefit from the housing market booming are the generation about to sell and downsize and people who rent properties or flip properties. Everyone else loses and yet we are all happy when our house increases in value 10% in a few years.
Horrible? its fantastic, get your wallets our gentlemen, sale is about to start!
How many dips can you buy?
Every knock is buy the dip, surely it's a never ending loss
like that.
10 percent drops and being close to pay day, "every little helps" says one popular shopping supermarket.How many dips can you buy?
Every knock is buy the dip, surely it's a never ending loss
most the dips look massive on a 1year chart then you switch to view the whole pandemic and see 2019 prices...
yep that dips still going to be happening for a long time I reckon
most tech stocks without covid likely would only be just above half the current values
it's not just tech stocks though the whole market almost went insane, could be the year where you make the most money by not investing
yep that dips still going to be happening for a long time I reckon
most tech stocks without covid likely would only be just above half the current values
it's not just tech stocks though the whole market almost went insane, could be the year where you make the most money by not investing
HODL what you got and keep buying every month, so you bring your average unit cost down little by little. When it inevitably recovers (as it always does), you'll be up.
or wait until it starts moving sideways.
some stocks are looking oversold right now but nothing I'm that interested in NIO/BABA/PLTR/RKT
Netflix could be entering over sold territory soon even.
INTC pretty much a buy right now even almost under 50 with a PE of 9.8, I guess earnings is soon though so could be risky (jan 26)
Soldato
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INTC chart looks like a cardiograph, maybe its smart to just trade that. 50 appears to be higher volume area which could be a decent buy then, I know they paid TSMC a lot of money for production but low on exact detail why I want to buy them outside of a fund.
Quite amazing. I feel like there should be some class of trader who only wake up in times like this and buy then go back to sleep. I havent the patience but surely they exist.
Quite amazing. I feel like there should be some class of trader who only wake up in times like this and buy then go back to sleep. I havent the patience but surely they exist.