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Debate House Prices


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House prices fall 1.8% in feb

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Comments

  • If you were fed up you'd stop following and posting.

    It's simple. I'm not fed up, I'm finding this all quite amusing.

    Oh, I'd also like to thank you if I may. You reminded me to up my direct debit to charity this month :)

    You, Sir, have done a good deed today.

    Heavens graham i am only here for the crack, you however, i am not so sure why you are here. I aim to find out.
  • GDB2222
    GDB2222 Posts: 26,523 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    lukekelly wrote: »
    Informative graphs:



    nationwiderealhousepriciw9.jpg

    The second graph is a month behind, the trend line and actual line have now almost touched.

    This is a function of how the trend line is calculated. It's usually calculated by taking the latest house price figure and working backwards in time. Consequently, the current position and the trend line are always "almost touching".

    If you look carefully, it says 'base Q3 2008', so it's been calculated working backwards from there. The 2.9% is to make it fit as closely as possible. As prices drop, so will the 2.9% figure.
    No reliance should be placed on the above! Absolutely none, do you hear?
  • adr0ck
    adr0ck Posts: 2,374 Forumite
    Part of the Furniture Combo Breaker
    GDB2222 wrote: »
    This is a function of how the trend line is calculated. It's usually calculated by taking the latest house price figure and working backwards in time. Consequently, the current position and the trend line are always "almost touching".

    they were not almost touching in 2004/2005 :confused:
  • GDB2222
    GDB2222 Posts: 26,523 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    adr0ck wrote: »
    they were not almost touching in 2004/2005 :confused:

    Can I see the 2004/5 graph you are referring to please? Do you have a graph produced then?
    No reliance should be placed on the above! Absolutely none, do you hear?
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Bf109 wrote: »
    Prices back to April 2004.

    Anyone who bought a house in the last 5 years has lost money.

    Or more accurately, anyone who has bought a house in the last five years has a house that may now be valued less than they bought it for.

    Very different to 'lost money'.
  • Cleaver wrote: »
    Or more accurately, anyone who has bought a house in the last five years has a house that may now be valued less than they bought it for.

    Very different to 'lost money'.

    Think i touched on it nicely, if i do say so myself..

    http://forums.moneysavingexpert.com/showpost.html?p=19187159&postcount=39
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Think i touched on it nicely, if i do say so myself..

    http://forums.moneysavingexpert.com/showpost.html?p=19187159&postcount=39

    Yeah, but I have you on ignore on the basis that you're also Wookster, !!!!!!?, Generalli, Horse In Hat Man, Mewbie and, sometimes, Cleaver.

    So I don't read your posts.
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    Cleaver wrote: »
    Yeah, but I have you on ignore on the basis that you're also Wookster, !!!!!!?, Generalli, Horse In Hat Man, Mewbie and, sometimes, Cleaver.

    So I don't read your posts.

    :rotfl:it's funny I clicked on Mr B's name the other night and it came up with 'Dan :', I thought thats weird, clicked on 'amcluesent' and it said he was 'luvpump'. Did it with a few others as well, I'm sure it's a glitch cus I don't think Brodders has any 'sockys':D
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Fed up with big mouths like you trawling the forums.

    i think you mean trolling the forums... have you seen the number of posts he has - some of us do have a life, some obviously don't....
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Hey chuckyness, you being talked about on possibly your fav forum :D

    it's funny post - they've selectively quoted just to get a point across.
    very typical of that site just to take selective news and put it on there.

    i'm happy that you're happy for me Graham - it could be quite embarrassing if your post count was as high there too, it would seem that you didn't have a life :rolleyes:
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