We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

US UK Graph !!!!!! - Who's got a big one?

brit1234
brit1234 Posts: 5,385 Forumite
in Debate House Prices & the Economy
US UK Graph !!!!!! - Who's got a big one (bubble)

Cucumber.jpg
figure1a.gif
Looks like we had a sudden shortage of housing in 2001. What happened did we suddenly start breeding like rabbits or did buy to let take off?


This is from the Fedral Reserve report. Below is the link to this report saying that our house problems are bigger.
http://www.federalreserve.gov/pubs/ifdp/2008/954/ifdp954.htm

gimp.PNG
Where's Wally:eek:
:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

Save our Savers
«13

Comments

  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    It was all BTL speculation, 35 fold increase since 1997. A lot of people are going to get very burnt.
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Who did that grap a 4 year old,

    The last crash look like a small lull. And how come house prices are still over £200K and peaked at nearly £250K:rotfl:

    If some one uses some proper figures like LR i might stop laughing.
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    Really2 wrote: »
    Who did that grap a 4 year old,


    Looking again, you do have a point. It's sort of the right shape but not particularly accurate.
  • Cannon_Fodder
    Cannon_Fodder Posts: 3,980 Forumite
    Oh, that is just so anti-British. How dare you.

    Repeat after me; "The US is where all problems originate from. We don't have our own parliament, legislature, banking system, nor a multitude of bureaucracies and quangoes, or a regulatory system. Nor the ability to think or act for ourselves. "


    PS. Its an index...200 thru 250 is the index, its not prices...otherwise you'd have debates about the exchange rate at the time, etc.
  • Cannon_Fodder
    Cannon_Fodder Posts: 3,980 Forumite
    I'm sure the Yanks would have preferred a scrappy one-liner from the Japanese ambassador, earlier on December 6th, to a multi-page, carefully typed explanation for why they were already bombing Pearl Harbour...

    ...sometimes its not the medium, its the detail that matters.
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Really2 wrote: »
    Who did that grap a 4 year old,

    The last crash look like a small lull. And how come house prices are still over £200K and peaked at nearly £250K:rotfl:

    If some one uses some proper figures like LR i might stop laughing.

    I presume they have converted it in to $ (which is stupid it should be 2 seperate graphs $'s & £'s overlaid) to support it but considering the £ as dropped 25% in the last 4 months it as made the gap look bigger.

    It is funny how some people dream up the graphs to support an argument. I wonder if he could do one for us against iceland on todays exchange rates.;)
  • polyalloy
    polyalloy Posts: 186 Forumite
    i am novice but surely index is different from price?
  • Datasafe_2
    Datasafe_2 Posts: 155 Forumite
    Really2 wrote: »
    Who did that grap a 4 year old,

    Yeah the same 4 year old that taught you to spell. :rotfl:
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Datasafe wrote: »
    Yeah the same 4 year old that taught you to spell. :rotfl:

    Sorry missed the "h" out.
    But your English language is fine is it? Yeah!:rotfl:
  • MissMoneypenny
    MissMoneypenny Posts: 5,324 Forumite
    Yeah is in the Concise Oxford English Dictionary
    RENTING? Have you checked to see that your landlord has permission from their mortgage lender to rent the property? If not, you could be thrown out with very little notice.
    Read the sticky on the House Buying, Renting & Selling board.


This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture