Debate House Prices


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Halifax +2.6 % MoM

1262729313247

Comments

  • System
    System Posts: 178,353 Community Admin
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    StevieJ wrote: »
    Using the Joe graph I can only just about make out 1992 and there were no dramatic falls after that :confused: The others if they are there, they are hidden, not like your chart.

    Thought it was just my eyes! There's possibly a 1 pixel sized bulltrap on there apart from the 92 one, but until someone lends me Hubble so I can zoom in far enough I'll have to take GD's word for it.
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  • baileysbattlebus
    baileysbattlebus Posts: 1,443 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    ONLY if it had a timeline on it. Which you have told us all very often, it does not.

    Can't have it all ways.

    I really am eye wateringly bored with the illustration arguing. It's becoming pathetic in all honesty. One minute theres no timeline so its wrong, the next you want to paste a point in time on it to say its wrong.

    Seriously guys. Take stock. If it's wrong, explain why. But don't say its wrong one way and then use why you said it was wrong the first time to say its wrong again. You'll notice it also has no indicator of the prices on the vertical axis, though thats not stopped anyone taking the vertical axis as godsend.

    It's an indicator, that is all. Over and out.

    Here is the chart applied to Brent crude with a time line and a value -

    6a00e0098d85558833010536fb28c9970b-800wi
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Joeskeppi wrote: »
    Thought it was just my eyes! There's possibly a 1 pixel sized bulltrap on there apart from the 92 one, but until someone lends me Hubble so I can zoom in far enough I'll have to take GD's word for it.

    That bit made me smile icon7.gif
    '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
  • Harry_Powell
    Harry_Powell Posts: 2,089 Forumite
    seriously though, does anyone really believe that house prices have stopped falling and people should be rushing to buy a house?

    I'm sorry but I just can't see prices recovering for years and years, despit some small blips along the way.
    "I can hear you whisperin', children, so I know you're down there. I can feel myself gettin' awful mad. I'm out of patience, children. I'm coming to find you now." - Harry Powell, Night of the Hunter, 1955.
  • Really2
    Really2 Posts: 12,397 Forumite
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    seriously though, does anyone really believe that house prices have stopped falling and people should be rushing to buy a house?

    I'm sorry but I just can't see prices recovering for years and years, despit some small blips along the way.

    But that is what we have been saying if you belive the graph we are at the end. The bulls are saying it is bull. :)
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Here is the chart applied to Brent crude with a time line and a value -

    good work that man. Why is it not nice and smooth :) Looks like the bull trap did not show either.:)
  • ShelleyC_2
    ShelleyC_2 Posts: 1,500 Forumite
    God my head hurts you lot do argue a lot of bullocks!

    I'm sticking at a few up and down blips with an overall 10ish% drop over 2009.
    Looking for the perfect home and saving to make becoming a MFW easier
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  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    seriously though, does anyone really believe that house prices have stopped falling and people should be rushing to buy a house?

    I'm sorry but I just can't see prices recovering for years and years, despit some small blips along the way.

    Did you expect them to treble in the first place?
    '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
  • Harry_Powell
    Harry_Powell Posts: 2,089 Forumite
    StevieJ wrote: »
    Did you expect them to treble in the first place?

    They didn't treble over 12 - 14 months, it was a sustained climb. Twelve years of growth followed by just 14 months of falls? I seriously doubt it.
    "I can hear you whisperin', children, so I know you're down there. I can feel myself gettin' awful mad. I'm out of patience, children. I'm coming to find you now." - Harry Powell, Night of the Hunter, 1955.
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 5 June 2009 at 3:16PM
    ShelleyC wrote: »
    God my head hurts you lot do argue a lot of bullocks!

    I'm sticking at a few up and down blips with an overall 10ish% drop over 2009.

    10% is quite a lot, as it has been around 0 for the first 5 months. You will be needing around 1.4% drop for the next seven months.
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