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Debate House Prices
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HAMISH_MCTAVISH wrote: »
Up 100% over the course of the next house price cycle.
Leading to an average house price of around 320K in todays money.
Up 100% in real terms so our studio flat in Clapham would be worth £600,000 or thereabouts in todays money. A bear, comparatively.
Who's going to be buying do you think? Not FTBs clearly.0 -
Up 100% in real terms so our studio flat in Clapham would be worth £600,000 or thereabouts in todays money.
Yes, exactly.Who's going to be buying do you think? Not FTBs clearly.
Already answered in detail in earlier posts within this thread.“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”0 -
HAMISH_MCTAVISH wrote: »Already answered in detail in earlier posts within this thread.:rolleyes:
No it hasn't. You just don't understand compound interest.
In 20 years a studio flat in Clapham would be worth £1,200,000; in 30 years, £2,400,000; after 40 years, £4,800,000. According to your rationale at least. It's not rational.0 -
No it hasn't. You just don't understand compound interest.
In 20 years a studio flat in Clapham would be worth £1,200,000; in 30 years, £2,400,000; after 40 years, £4,800,000. According to your rationale at least. It's not rational.
I think you are wasting your time here. It doesn't have to be rational.
Don't let logic get in your way when you really want to believe into something.More bearish than bullish at the moment0 -
No it hasn't. You just don't understand compound interest.
In 20 years a studio flat in Clapham would be worth £1,200,000; in 30 years, £2,400,000; after 40 years, £4,800,000. According to your rationale at least. It's not rational.
!!!!!! are you on about????
I have said I expect prices to rise by around 100% in real terms over the course of the next 15 to 20 year house price cycle.
I didn't discuss compound interest, or infinite doubling or tripling of prices every decade in nominal terms. That was another poster...:rolleyes:“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”0 -
Don't let logic get in your way when you really want to believe into something.
And you still haven't addressed the demographics, housing supply and increased household density points from earlier.
Still, best not let logic get in the way when you want to believe something, eh?:rolleyes:“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”0 -
HAMISH_MCTAVISH wrote: »!!!!!! are you on about????
I have said I expect prices to rise by around 100% in real terms over the course of the next 15 to 20 year house price cycle.
I didn't discuss compound interest, or infinite doubling or tripling of prices every decade in nominal terms. That was another poster...:rolleyes:
So what do you see as future house price changes? 100% rise in real terms in 15-20 years? Or nominal something?
I only ask as it might help the rest of the board. I'm bored of you so on ignore you go.
Byee!0 -
I'll tell you what he says Generali, in case it is something worth reporting.0
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Apparently G, he says you like to wear womens clothing.0
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