Now property sales are rising - the best feeling of owning your first home

inspector_monkfish

izzybusy23 wrote: »

Don't worry about Dan.. when he first came on here with was a firm BULL.. now he seems to becoming more bearish.. who really knows which way he swings!

tks
don't worry, i'm not worried....:D

Jonbvn

inspector_monkfish wrote: »

Interesting article....

http://www.thedailymash.co.uk/news/business/houses-worth-less-than-the-bricks-they-are-made-of-20080408856/

The Daily Mash is truly priceless in these times:

Wayne Hayes, 36, pulled apart his detatched, four bedroom house and put all the bits on e-Bay after the best offer he received was a can of dog food and a dirty stick.


He added: "I got nearly 500 quid for the bricks. Once you add in the copper wire, the light fittings and the Belfast sink I've only lost about three-quarters of a million.":D

StevieJ

mbga9pgf wrote: »

You want to factor in the 6 months worth of falls that have not been factored into those figures :rotfl:??? They are profoundly laggy, and you know it. Another 6 months averaging 1.2% therabouts and = 20%

Oh, and your index doesn account for sales at auction eiuther

Where do you get 6 months from? I should think 2-3 months at tops If it is lagging one of them will be a price increase

BTW, must be telling lies.
FTHPI is the only UK house price index based upon every residential property transaction in England and Wales and is designed to provide a “true measure of house price inflation”

themanbearpig

Judging from the replies on this thread, this is what I believe the general public think is going to happen.



lol

inspector_monkfish

themanbearpig wrote: »

Judging from the replies on this thread, this is what I believe the general public think is going to happen.



lol

:rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:

System

themanbearpig wrote: »

Judging from the replies on this thread, this is what I believe the general public think is going to happen.



lol

Firstly, I'm in charge of comedy graphs around here.

Secondly, I don't think I've ever seen anyone predict house prices to return to what they were at peak as soon as Dec 09, we're talking years.

Recovery is NOT the same as "returning to peak values".

MrDT

MS Paint graphs are truly the future of this board.

the_ash_and_the_oak

Given that housing is a market - is it possible to argue that 'recovery' should be measured in transactions rather than % price change

ie - if prices stayed static or rose, but transactions stayed at current levels (or lower than average levels) - could that be considered a recovery (in terms of houses role in wider economy?)

IveSeenTheLight

ad9898 wrote: »

Oops, a thanks by mistake:D, to take your point, I did say at least -3.5%, I could have used the -4.1% instead but I didn't, the issue is, Darling nor the IMF don't have much of a clue, so I could use any figures I please, and they have as much chance of being right as either of the two figures quoted.

One thing is for sure, a cast iron fact if you like, is that we are in deep trouble as a nation, worse than all the other leading nations, the word 'recovery' maybe a nice soundbite to use, but at this time it means nothing, and won't do for a considerable period, not being 'doomongering' just spelling out the facts.

Not oubting your belief in the economy, but to be peantic, you are not stating facts are you, you even infer no-one know.

Its a fact you are not stating facts but your opinion

Davesnave

Greetings. To clarify, Rumbaba was inducted into the Hall of Fame some weeks ago. He's definitely one of us. cheers.

Better make sure he's 'as described' then, as 'he' has been posting as a she!
Or are all you sockies non gender-specific, in the same way as you can be bull/bear/hedgehog, as required?