When will HP go back up to the mean?

crazygaijin

1984ReturnsForReal wrote: »

If they do fall below then £100k isnt the average mean anymore.


?

You obviously dont know the correct meaning of the word mean.

I used to be a sailing instructor, and I taught about the tides. There has always been a mean high water, which is the long term average. Someyears its no where near the mean, but its a good guideline to compare to.

Long term average with house prices have always had a mean and always will. You have to adjust for inflation etc of course.

So for you to say "If they do fall below then £100k isnt the average mean anymore" just shows you dont understand at all.

Have a look at this video if you still dont get it.

http://www.youtube.com/watch?v=ca_aOvZPh-g

confused31_2

50%+ Falls in House Prices by Christmas 2009

48% average Falls at Auction NOW (Radio 4):eek:
SHARED EQUITY is a scam designed to keep prices high:mad:

#

you keep on thinking this, im sure it will happen, i wish i had your optimism.

Are you that CAROLT women, she use to have that signature, but its now changed? it makes me laugh you still have the same people talking the market down and every post they make, its houses are going to fall this and btl landlords are going to be in a right mess.

Come on give everyone a rest from this flanel, if it happens it happens, but when you get people posting the same old rubbish, it gets a bit boring.

Its like when your a kid and you think the more you say something you will convince others, the worse thing about it, is in reality you are just trying to convince yourself its going to happen.

you people who can not afford a house at the moment so what, you have still got a roof over your head, so why are you always talking the market down?

If houses come down and you can afford one then great, if you they dont you can carry on has you are.

It looks to me you have a few people who just post the same thing looking for a reaction from people who are selling their houses, trying to rent them out or are landlords.

The thing that makes me laugh is how people react, cant you see they are just trying to get you to bite.:beer:

novazombie

crazygaijin wrote: »

You obviously dont know the correct meaning of the word mean.

I used to be a sailing instructor, and I taught about the tides. There has always been a mean high water, which is the long term average. Someyears its no where near the mean, but its a good guideline to compare to.

Long term average with house prices have always had a mean and always will. You have to adjust for inflation etc of course.

So for you to say "If they do fall below then £100k isnt the average mean anymore" just shows you dont understand at all.

Have a look at this video if you still dont get it.

http://www.youtube.com/watch?v=ca_aOvZPh-g

Glen Beck But thats the USA, their graph didnt go up as high as ours did. Its good to compare them because they are just a little ahead of us.

The mean average in the USA inflation adjusted is around $100K, where can we find out what it is for the UK? 100K sounds about right but does anyone have a source?

crazygaijin

novazombie wrote: »

Glen Beck But thats the USA, their graph didnt go up as high as ours did. Its good to compare them because they are just a little ahead of us.

The mean average in the USA inflation adjusted is around $100K, where can we find out what it is for the UK? 100K sounds about right but does anyone have a source?

Yes thats true. If you compare the USA graph to this one here (which mirrors our own housing index) then they didnt go up so far away from the mean as we did here in the UK.

100K is just an easy figure who knows what we will go down to.

This other thread http://forums.moneysavingexpert.com/showthread.html?t=1583637 they are all talking about going down to 75K average to get in line with average earnings by then. Makes me wonder........

confused31_2

crazygaijin wrote: »

Yes thats true. If you compare the USA graph to this one here (which mirrors our own housing index) then they didnt go up so far away from the mean as we did here in the UK.

100K is just an easy figure who knows what we will go down to.

This other thread http://forums.moneysavingexpert.com/showthread.html?t=1583637 they are all talking about going down to 75K average to get in line with average earnings by then. Makes me wonder........

50%+ Falls in House Prices by Christmas 2009

48% average Falls at Auction NOW (Radio 4):eek:
SHARED EQUITY is a scam designed to keep prices high:mad:

i thought as much carolt