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Debate House Prices


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Halifax December Figures -2.2%

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Comments

  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    I remember the thread, but I never looked into it, never allowing myself to gamble.
    Fair enough, yep I s'pose some people do have to be wary of addictive practices etc.
    So what was the bet and what odds did you get?

    That house prices (as measured by the HBOS quarterly averages) would drop at least 10% from Q4 2007 to Q4 2008. The odds were 5/6.
  • Lotus-eater
    Lotus-eater Posts: 10,789 Forumite
    10,000 Posts Combo Breaker
    JonnyBravo wrote: »
    Fair enough, yep I s'pose some people do have to be wary of addictive practices etc.



    That house prices (as measured by the HBOS quarterly averages) would drop at least 10% from Q4 2007 to Q4 2008. The odds were 5/6.
    First bit, yes :D

    2nd bit, that was a very unattractive bet in my eyes. Not worth the risk.
    Freedom is not worth having if it does not include the freedom to make mistakes.
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