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Debate House Prices


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House prices are close to affordable levels, reveals survey... BUY!! BUY!!! BUY!!!

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Comments

  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    chucky wrote: »
    NDG, i know what you're saying and you are right - i've responded to Carol's post about Camden trying to make out it was very cheap in 1996.

    I know another flat in our block was sold in 1997 for £170k.

    It's the same layout as ours, so 3 beds, living room, kitchen, 2 (tiny) bathrooms. And this is in Bloomsbury.

    A 2 bed flat in this block sold in 1996 for £120k. Both owners still live here.

    So I don't find Carol's figures impossible to believe.
    ...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'.
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    chucky wrote: »
    These are Halifax calculations - aren't they the 'bible' of the HPC gang along with the Nationwide figures!?

    No, they are a indication - a good and interesting one - not gospel.
    ...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'.
  • hethmar
    hethmar Posts: 10,678 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Car Insurance Carver!
    Never, Im totally in awe of anyone having a flat in Bloomsbury :)
  • carolt
    carolt Posts: 8,531 Forumite
    ess0two wrote: »
    I wont bore you with figures but 25% LTV,the only thing that could bother me is if the sun failed to rise.
    I should be afforded cult status here,sold high and bought low,i can understand your bitterness though, i was once at gutter level.

    And your mouth is still there. ;)
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    hethmar wrote: »
    Never, Im totally in awe of anyone having a flat in Bloomsbury :)

    We rent it, we don't own it.
    ...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'.
  • hethmar
    hethmar Posts: 10,678 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Car Insurance Carver!
    even so ...............:)
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    ess0two wrote:
    i can understand your bitterness though, i was once at gutter level.
    carolt wrote: »
    And your mouth is still there. ;)

    There was no need for the last sentence ess0two.
    A higher standard of debate is required and appreciated
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    It's a lovely place to live.
    ...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'.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    neverdespairgirl wrote: »
    I know another flat in our block was sold in 1997 for £170k.

    It's the same layout as ours, so 3 beds, living room, kitchen, 2 (tiny) bathrooms. And this is in Bloomsbury.

    A 2 bed flat in this block sold in 1996 for £120k. Both owners still live here.

    So I don't find Carol's figures impossible to believe.

    without dragging this out and without getting into too much of a debate with you but I'd rather go by the 'indicator' that the Halifax figures provide than what Carol (who lives in a small village in the middle of no-where by her own admission) tells me who continously disregards facts and figures given to her - IveSeenTheLight and Realy have done this a number of times, however these same figures are then used to back her argument when a HPI poster is around.

    It's common knowledge that she continuosly posts HPC doom due to her own decision not to purchase when she had the opportunity and now vents her anger at those who have been brave enough to buy.

    to add there are HPI people that have the same issues by the way and they are just as bad.
  • carolt
    carolt Posts: 8,531 Forumite
    I do indeed live in a small village in the middle of nowhere (well, greater London, actually - just inside M25), but I don't believe that all that fresh air has affected my memory, yet.

    I was living in North London in 1995-96, and looking to buy in the area at that point, so was very well aware of what things were asking and sold for. Just as now, property prices were a subject of discussion and I knew very well what friends bought for at the time.

    Why do you have such a problem with this?

    Ah - I know - it's because it doesn't fit in with your argument that house prices have never been 'affordable' and therefore never will be again.

    Sorry. They were - and will be again.

    I don't mind waiting. :)
This discussion has been closed.
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