Taylor Wimpey Share Discussion Threads

[tony2119] 11/12/2018 13:27

Snore. I am looking for house prices to rise 65%.

[jugears] 11/12/2018 12:57

omg48- spot on

[wfl1970] 11/12/2018 11:41

I wonder if Mrs May cancelled yesterday's vote to allow for a brief Santa rally at some point...
Or was it to allow herself to enjoy Christmas whilst still in no. 10!?
;)

[spoon4] 11/12/2018 11:40

Pay rise = higher mortgage rates.

[wfl1970] 11/12/2018 11:37

"Any good news is to be welcomed."

Doesn't that depend on your perspective regarding the content of the 'good news'!?

Interest rate rises are good for savers - not so for borrowers... and vice versa of course if they fall.

[spoon4] 11/12/2018 11:07

Aver wage £24,000 V Aver House £250,000

Look for houses to fall 65%

[steeplejack] 11/12/2018 10:53

Um...well sorry to pour cold water on good news but we have a large debt problem.UK unsecured consumer debt (credit cards etc) now exceeds £200bn.Student debt is over £100bn,car finance debt is expanding exponentially.Council tax arrears are hitting new records Overall the UK is the second most indebted nation in the G8.it is estimated that 40% of recently contracted mortgage holders have never experienced an increase in rates and it is a real worry that they wouldn't be able to cope with increases without sharply reducing consumer spend.This is not the end of the party as long as you can grow the UK economy......

[fangorn2] 11/12/2018 10:41

@Tlobs2

Tut tut, you missed the #DespiteBrexit with all that :)

[tlobs2] 11/12/2018 10:11

The news reader on Radio Two sounded in pain as she had to report that.....

British workers have had the biggest pay rise in a decade of 3.3%.

and

The number in work is at a record high of 32.4 million.


Perhaps it is not all as bad as the doom mongers would like it to be :-)

[m4rtinu] 11/12/2018 09:10

Spoon. Agree (mostly) with first 3 sentences. I would guess would get buy to let speculators might come back if prices fall considerably. Or those who can afford it, buying (or at least helping to buy) houses for their family members.

I am in my 60s but I do sympathise with youngsters who have rents well above reasonable mortgage repayments and no chance of saving for a deposit.

[spoon4] 11/12/2018 00:42

Debt is the killer.

First time buyers are loaded with it,even before they take on the massive mortgage.

Wages are flat

Look for 65% falls in house prices within five to ten years.

[essentialinvestor] 11/12/2018 00:11

No chance. No one would take a cyclical private towards peak cycle.

Sector margins likely to be the big story for 2019. Under pressure would think.

[jugears] 11/12/2018 00:04

Perhaps we will see Tw going private, Hopefully not.

[essentialinvestor] 10/12/2018 23:33

When I posted we would see £1.30 as a very minimum,
did not think we would be there just a week later.


If May is challenged, under 1.25 with ease imv.
That's being optimistic.

[jugears] 10/12/2018 23:28

The Eu has never benefited my company just created more & more red tape, I am still at work now having started at 6 this morning keeping up to date with paperwork that creates me nothing financially, I was speaking to a French friend of mine recently who suggested that Europe was scared of the success the UK would make of leaving Europe & I think he is Right & that we will make a success of leaving. He also said that he would rather be in the Uk leaving the Eu than any of the other country & whilst other countries won't admit it there is growing unrest in the Eu. IMHO there will not be an Eu much longer so why wait until it all falls apart surely its better to leave now? As for house builders, Many shares have been knocked recently & what ever the sector you choose to invest in will make Money Long term , as we all know there is a growing greed to make money, investors won't stay away forever. At the moment my customers are confident that houses will continue to sell & as yet have not seen any sites winding down. The midlands & the north are very robust at the moment, not so in London & the South but that was always inevitable. IMHO we will see steady growth & rising house prices the further north you go as prices there have been fairly stable for years & I think more property investors will be seeking a better investment outside of London, Why buy 1 house when you can buy an entire street for the same money!

[fangorn2] 10/12/2018 23:21

Trade war??

Global Debt bubble bursting an even bigger worry than Trade war. The later might well trigger the former.

IF that happens we're all up the Khyber without a paddle.

We are, globally, on borrowed time :)

[essentialinvestor] 10/12/2018 23:03

Agree with that. And 10 years in to an expansion cycle within months.
That's long in the tooth on any historical comparative.

[wfl1970] 10/12/2018 23:01

"Brexit will be sorted & these will go back up as quick as they came down."

I wouldn't be so sure... It's not all about Brexit. Trade war - a greater threat globally.

[steeplejack] 10/12/2018 22:50

You might be right,you have more first hand experience of the building trade than probably anyone else here.Yet,the fluctuations in building stock prices have and remain savage.If you're in a position to "pound average" and buy on the falls,all good and well.You are an investor not a punter.I've always liked pharmaceuticals and approach them in similar fashion to the way that you approach builders.Firstly(like you with builders and the housing they create)I think I've got a reasonable handle on what drives them and secondly,I know that healthcare is an enduring necessity.

[jugears] 10/12/2018 22:25

Yes & now is a very good time to buy, You could wait another 10 or 15 years for an opportunity like this to buy the many bombed out shares that there are at the moment, I don't invest money I am likely to need & have many other income streams & lots of patience.

[steeplejack] 10/12/2018 21:59

Timing is critically important when buying building shares and always has been.The cyclical turn up and down is rapid.

Wall St. staged a good recovery today to reaffirm technical support levels.

I guess a second referendum is that much more likely now since the House of Commons seems keen to abrogate its responsibilities.A second referendum could ask 1) Remain 2) leave on WTO rules.At least the electorate would have a better idea of what to expect rather than the pipedream perpetrated by Boris and Lafarge last time.

(Never fear on the Brexit political front.We’ll all be watching the film in a few years on Sky Movies when it’s all done and dusted.Probably be classified on the Horror channel.)

[jugears] 10/12/2018 21:59

Brexit will be sorted & these will go back up as quick as they came down.