Nationwide HPI: Dec 09 Down 2.5%

IveSeenTheLight

drbeat wrote: »

This will upset mitchaa...HAHAHAHAH!!!!!

Not sure that he will.
He refers to a more localised figures and the report is showing an increase in Scotland
Here is the Q4 report for your reviews
http://www.nationwide.co.uk/hpi/historical/q4_2008.pdf

Here is the Dec report
http://www.nationwide.co.uk/hpi/historical/dec_2008.pdf

These reports will back up his signature where the price in Q4 2008 is still higher than Q1 2007

poppy10_2

Quarterly data is out too. Time to change that sig, mitchaa:

mitchaa wrote: »

Aberdeenshire Average Property Price
(Source Nationwide)
Q1 2007... £139,063
Q3 2008... £162,120
Yes i have made money in this HPC

Aberdeenshire Average Property Price
Q2 2008... £165,600
Q3 2008... £162,120
Q4 2008... £154,988
Yes i am losing money in this HPC :eek:

IveSeenTheLight

poppy10 wrote: »

Quarterly data is out too. Time to change that sig, mitchaa:



Q3 2008... £162,120
Q4 2008... £154,988
Yes i am losing money in this HPC :eek:

the quarterly figures are still higher than when he bought.
How has he lost any theoretical paper money?

obsessed_saver

Lovely.

poppy10_2

obsessed_saver wrote: »

Lovely.

Oh Noes, what happened to my green shoots?

ad9898_3

obsessed_saver wrote: »

Lovely.

Bloody 'ell that blue bump hurt my @rse as I was sledging down the slope. Onward and downward.:D

mitchaa

drbeat wrote: »

This will upset mitchaa...HAHAHAHAH!!!!!

Explain why the latest release will upset myself?

Updated signature below, still a million miles from negative equity. Yes i still have made money (On paper)
Let's not be silly here, Aberdeenshire is still showing +10.3% from when i purchased in 2007. On the price of my property, that is around £25k, let us not forget about the 18mths of rental i would have forked out in that time also had i not had bought (18x£1200 = £21,600)

Remind me again about 2004 house prices:rotfl:

Admit it, how many of you lot went straight to the Q4 release this morning to look at the Aberdeenshire release:rotfl:

Did your chins plunge into the cereal bowl?

drbeat

IveSeenTheLight wrote: »

How has he lost any theoretical paper money?

So how did he make any then? Remember his sig "Yes I have made money on this HPC"?

poppy10_2

IveSeenTheLight wrote: »

the quarterly figures are still higher than when he bought.
How has he lost any theoretical paper money?

The point is, he was trying to claim that Aberdenshire was immune to the HPC, it's different here etc. In fact, as we all knew, Scotland was simply lagging the rest of the UK, as it always does- prices in Aberdeenshire only started falling from Q2 this year. A drop of 16% in Aberdeenshire, matching the UK figure, would take prices to below when he bought.

beecher

I was just about to post something similar poppy - certain areas in Scotland seem to be lagging behind the rest of the UK. I don't see it myself in the areas I'm monitoring, but there must still be some crazy people out there who think Scotland is immune and are still buying.