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Debate House Prices


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Nationwide HPI: Dec 09 Down 2.5%

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Comments

  • Blacklight
    Blacklight Posts: 1,565 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    What's even more amusing is when people state, categorically, beyond any doubt at all, that there are CLEAR SIGNS of a downturn RIGHT NOW as I type this very message, without any facts to back up their claim.

    Did someone sell a completely refurbished property 'round your way' the other day for a high price and now someone's put a right dog of a house on for about 70% of the price? Is that what you mean by clear signs?
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Emy1501 wrote: »
    Whats more amsuing is the desperation of people bringing up old threads at a time when there are clear signs that the market is turning at the moment.

    Whats the relevance of these threads? The worlds a difference place to a 15 months ago. Austerity is the way forward now unlike this time last year when it was all spend spend spend.

    So why were many on here (and HPC) predicting armageddon for the housing market 15 months ago?
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 17 June 2010 at 9:10AM
    Joeskeppi wrote: »
    The amusing thing about these threads is the people who were frothing at the gash with excitement are the ones that never bought anything, all those drops wasted.

    I must admit I said we would buy 3 more houses and did not, but in our defence we are quite content with what we own at the moment and only said that we would buy more if they dropped about 35% from peak. Which they did not in my target area for what I wanted to buy (3 bed victorian houses). If we could have picked them up at that price we would have as they would have been very good investments.

    To be honest part of me was quite dissapointed that they didn't frop further as we have no intention of selling for quite a while anyway so a temporary dip in prices wouldn't really have had a negative effect on us but it would have created a good buying window.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Blacklight wrote: »
    What's even more amusing is when people state, categorically, beyond any doubt at all, that there are CLEAR SIGNS of a downturn RIGHT NOW as I type this very message, without any facts to back up their claim.

    Did someone sell a completely refurbished property 'round your way' the other day for a high price and now someone's put a right dog of a house on for about 70% of the price? Is that what you mean by clear signs?
    i wouldn't worry Emy will tell us another dubious anecdotal of how he knows 8 people who are struggling to sell at the moment 'round his way' but when he put his house on the market he got an offer within 2 days.
  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    chucky wrote: »
    this post was on 6th Jan 2009 anyone know if Aberdeen houses are worth £2.50 yet? :eek:


    How sad is that? Bumping old posts :rotfl:
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 17 June 2010 at 9:19AM
    doire wrote: »
    How sad is that? Bumping old posts :rotfl:
    get back to bed you drunk.

    if you don't go back to bed get yourself another drink, have a read through and see how sad some of those predicitions were... actually, correction - not sad, they're funny :rotfl:
  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    chucky wrote: »
    get back to bed you drunk.

    if you don't go back to bed get yourself another drink, have a read through and see how sad some of those predicitions were... actually, correction - not sad, they're funny :rotfl:


    Drunk? Where are you getting this non-sense from? :rotfl:

    Awww poor chucky....hurting from my comment on the "chuckys challenge" thread :rotfl:
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    doire wrote: »
    Awww poor chucky....hurting from my comment on the "chuckys challenge" thread
    i wouldn't flatter yourself...

    but i'll ask my original question again - what are Aberdeen house prices now compared to Dec 2008?

    have they gone up or down?
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    chucky wrote: »
    i wouldn't flatter yourself...

    but i'll ask my original question again - what are Aberdeen house prices now compared to Dec 2008?

    have they gone up or down?

    Let me help out with the facts.

    Dec 08 = £173,321
    http://www.ros.gov.uk/pdfs/la_dec08.pdf

    Apr 10 (Latest release data) = £175,908
    http://www.ros.gov.uk/pdfs/la_apr_10.pdf

    So marginally up and in line with the stagnation effect we have generally seen in the last three years, but certainly nothing available that I know of for £2.50 ;)

    50566420.png
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
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