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Debate House Prices


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Shall we have our own 12 month house price survey then?

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Comments

  • harryhound
    harryhound Posts: 2,662 Forumite
    Hardly a surprise though given the board is infested with doomers.;)

    Hardly surprising given 1/2% interest rates and quantitative easing, that house prices are keeping up with the resulting inflation; if not the falling value of the pound internationally.

    Coming soon after the banking defaults we have "sovereign debt" default.

    "May you live in interesting times".
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    harryhound wrote: »
    Hardly surprising given 1/2% interest rates and quantitative easing, that house prices are keeping up with the resulting inflation; .

    They're doing a tad better than that.;)

    See sig....
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • fc123
    fc123 Posts: 6,573 Forumite
    Cleaver wrote: »
    Only a 12% drop between now and the end of August required for you to take the title Graham, don't give up yet! I haven't read the thread back, but I'm sure first prize was a lapdance from fc123. As I say, I should probably scan back a few pages and check this, but I'm sure that's right...
    tsk tsk...they would want a refund and I am in the wrong age bracket :o...no it was a sample from last Autumn...but they were hotpant/catsuity things. If Hamish wins (and he seems to be on a winning streak right now) I know exactlly what I would send his wife as I know what he liked from my ranges.

    Sabre Tooth Tiger offerred ...da da.....A Real Leather Wallet /Manbag as a prize and I wanted to win it too.

    I think there was a painting from Due's son too.

    Going to be down to Cleaver to trawl his thread and list the prizes...tactfully.:)
  • carolt
    carolt Posts: 8,531 Forumite
    Can anyone dig up one of these prediction threads from 2007? That would make interesting reading.

    I vividly recall both nollag and pickledpink swearing blind that there would be no falls, ever.

    CBA to look.


    Anyone with some free time wish to entertain us all?
  • sjaypink
    sjaypink Posts: 6,740 Forumite
    carolt wrote: »
    Anyone with some free time wish to entertain us all?
    Seconded. I'm bored :D

    ETA: Wow. you can remove thanks now, ooooh, the power.....
    We cannot change anything unless we accept it. Condemnation does not liberate, it oppresses. Carl Jung

  • System
    System Posts: 178,373 Community Admin
    10,000 Posts Photogenic Name Dropper
    Come on Peter Snow!
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • fc123
    fc123 Posts: 6,573 Forumite
    carolt wrote: »
    Can anyone dig up one of these prediction threads from 2007? That would make interesting reading.

    I vividly recall both nollag and pickledpink swearing blind that there would be no falls, ever.

    CBA to look.


    Anyone with some free time wish to entertain us all?

    From what I can recall, they went down then slowly back up but aren't at 2007 in many areas (like mine in London nor in Brighton either) but inflation is mucking things up a bit as the real rate isn't recorded correctly...all those cheap plasmas and clothing mucking up the figures.

    Well...I called it wrong so no prizes for me.


    I still can never recall reading about .05% IR ever on here.
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    I've been pencilled in as predicting 0% but it should read, 0% indexed result.


    fc123 wrote: »
    Cleaver can decide whether it will be on ticket price...though ticket price is easier to judge.
    I can't write condidently about it, but my feeling is the real price falls will be 'invisible' over the next few years....inflation will do it.

    Many won't notice as 'ticket price' feels the same.

    But what are you predicting STT? The judging is going to be tricky with all the special add ons.



    I said 0% after inflation basically. Not quite sure if Im right or not but I think Im close since RPI was recently reported at 4.7% I think
    the last report for the end of April 10 had the average price of £167,802. That's an increase of £7,578, which I make to be a 4.72% increase so far since we all made our guess.

    Take inflation into account and housing gained about zero confusedsmiley013.gif
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    :oHey sabretoothed tiger...FC suggested I hunt you down to ask you opinion about interest rates/ mortgages:o

    do you have an opinion you would share?
  • fc123
    fc123 Posts: 6,573 Forumite
    STT...I said to LIR you seemed pretty clued in and also come over as quite intuitive about things......so......would you fix or track base rate for a new mortgage right now?
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