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Debate House Prices


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Interesting read...

Comments

  • amcluesent
    amcluesent Posts: 9,425 Forumite
    URL br0ken
  • dopester
    dopester Posts: 4,890 Forumite
    Just shut up DCLG. :p
    The communities and local government department said the average property cost £217,171 in July, a slight increase on June's average price of £215,029. This slowed the quarterly rate of price falls - in the three-months leading to April the housing market saw a drop of 1.3%.

    And where do they get the data from their figures? Is it asking price or transaction?

    Ever considered Department of Communities and Local Government is reliant on Council Tax?
    All day-to-day services - as well as local matters in your area - are run by your local authority. This includes setting and collecting council tax. Enter your post code or town in the search on the right to go straight to your council for more information.

    Only towards the end do you get alternative views that so many people want to pretend won't happen, including the looming mass job losses (and pay cuts).
    "Very negative housing market sentiment heightens the risk that house prices will continue to fall sharply for some time to come. In addition, unemployment is now rising at an accelerating rate, which increases the likelihood that people will have to sell their house for 'distressed' reasons. This would lead to more houses coming on to the market and would be liable to depress prices.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    dopester wrote: »
    Just shut up DCLG. :p



    And where do they get the data from their figures? Is it asking price or transaction?

    Ever considered Department of Communities and Local Government is reliant on Council Tax?



    Only towards the end do you get alternative views that so many people want to pretend won't happen, including the looming mass job losses (and pay cuts).

    Do economists ever get it right?
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Living Sober.

    Some methods A.A. members have used for not drinking.

    "A simple book for complicated people"
  • StevieJ wrote: »
    Do economists ever get it right?

    A stopped clock is right twice a day.....
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
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