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Debate House Prices


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

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Comments

  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Really2 wrote: »
    Faire enough I am dyslexic but it is slang and someone is picking out I missed an H out but slang is perfectly acceptable.

    No one is pulling up others for big rude are they, no they are thanking them.

    Give yourselves a high 5.:rolleyes:

    Ps But being dyslexic does not mean I have to put up with people take the pee out of my spelling but then find slang perfectly acceptable.

    don't bite Really - it's ok for someone to be rude to you but when it's the other way around everyone seems to get upset. :)
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    chucky wrote: »
    don't bite Really - it's ok for someone to be rude to you but when it's the other way around everyone seems to get upset. :)

    Thanks, Board seems to have got a bit sharp since yesterday.
    I don't see why, house prices are falling and will continue to do so.
    I can only presume some think YOY falls should be getting lower and lower but after 12 months of falls you start replacing -results with -results.:confused:
  • brit1234
    brit1234 Posts: 5,385 Forumite
    Really2 wrote: »
    I don't see why house prices are falling and will continue to do so.
    :rotfl:

    Maybe its because they were so overvalued caused by selling mortgage security vehicles (now collappsed) which funded the bubble and all the fraud associated with buy to let mortgages and self certs.

    We are back to lending based on savings, which means house prices based on lending from those savings. That means big falls and the contiation of big falls till we hit that limit.

    Yes 3.5 times lending and deposits are back.
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    brit1234 wrote: »
    :rotfl:

    Maybe its because they were so overvalued caused by selling mortgage security vehicles (now collappsed) which funded the bubble and all the fraud associated with buy to let mortgages and self certs.

    We are back to lending based on savings, which means house prices based on lending from those savings. That means big falls and the contiation of big falls till we hit that limit.

    Yes 3.5 times lending and deposits are back.

    I missed a comma out fool! now adjusted.
  • amcluesent
    amcluesent Posts: 9,425 Forumite
    Sequoia Capital recently made a presentation to its portfolio companies about how to try to survive an economic downturn.
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    I think people are just living apart more then they used, marrying later, getting divorced more often and generally living with more space then previously afforded.

    We are justified in a steeper angle to our hpi then the usa, they are not identical markets in price or growth imo
  • the_ash_and_the_oak
    the_ash_and_the_oak Posts: 1,636 Forumite
    Dunno...kind of feel that the flats and houses built over the last 2 decades are kind of smaller than older ones

    donk
    Prefer girls to money
  • LydiaJ
    LydiaJ Posts: 8,083 Forumite
    Part of the Furniture Combo Breaker Mortgage-free Glee!
    JonnyBravo wrote: »
    Absolutely. It's then a simple sum to work out the current index

    (((Current price - Jan 2000 price)/Jan 2000 Price)*100)+100

    It's even simpler than that. The formula you've quoted simplifies to

    (Current price/Jan 2000 price)*100
    Do you know anyone who's bereaved? Point them to https://www.AtaLoss.org which does for bereavement support what MSE does for financial services, providing links to support organisations relevant to the circumstances of the loss & the local area. (Link permitted by forum team)
    Tyre performance in the wet deteriorates rapidly below about 3mm tread - change yours when they get dangerous, not just when they are nearly illegal (1.6mm).
    Oh, and wear your seatbelt. My kids are only alive because they were wearing theirs when somebody else was driving in wet weather with worn tyres.     :)
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