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Debate House Prices


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HPC over?!

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Comments

  • Realy
    Realy Posts: 1,017 Forumite
    vigesimal wrote: »
    School holidays in August. A favourite time to be on holiday for families.

    That is why I said holidays have !!!!!! all to do with the figures.:rolleyes:
    If some one can find a link with days worked and mortgage aprovals I will point out a very sad person.;)
  • Dithering_Dad
    Dithering_Dad Posts: 4,554 Forumite
    Mortgage-free Glee!
    The Stockmarkets are now all recovering and house prices will follow in a few weeks. The recession is practically over before it even started.

    I have a feeling everything is going to be OK!










    :rotfl: :rotfl: :rotfl:
    Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
    [strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!! :)
    ● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
    ● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
    Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.73
  • hethmar
    hethmar Posts: 10,678 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Car Insurance Carver!
    DD - for a minute then ....................
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Realy wrote: »
    I thought the factory workers had a week off in September? why have you not factored that in?

    because factory workers don't approve mortgages.
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Dithering_Dad wrote: »
    The Stockmarkets are now all recovering and house prices will follow in a few weeks. The recession is practically over before it even started.

    didn't stock markets bottom out before the last two recessions started?
  • RabbitMad
    RabbitMad Posts: 2,069 Forumite
    ad9898 wrote: »
    good one steve, I think this thread is going to be 'who can come up with the most witty anecdote', you're winning so far:D

    I think never despair girl has taken the lead
  • Dithering_Dad
    Dithering_Dad Posts: 4,554 Forumite
    Mortgage-free Glee!
    chewmylegoff wrote: »
    didn't stock markets bottom out before the last two recessions started?

    Yep, though I'm not sure when we'll reach the bottom of this current market, everytime it goes up, it comes crashing back down even lower.
    Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
    [strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!! :)
    ● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
    ● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
    Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.73
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    chewmylegoff wrote: »
    didn't stock markets bottom out before the last two recessions started?

    They did. It's because stock prices react to expected levels of dividends/growth in company size. The reason IMO that stock markets are still falling is because the participants in those markets are revising their predictions downwards. I believe that they are still overly optimistic in some areas.
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Realy wrote: »
    That is why I said holidays have !!!!!! all to do with the figures.:rolleyes:
    If some one can find a link with days worked and mortgage aprovals I will point out a very sad person.;)

    i didn't say people's holidays have anything to do with the figures.

    the institutions that approve mortgages approved fewer mortgages per day that they worked in september than they did in august.
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