HUGE 10%+ year on year gains coming up...

chucky

Graham_Devon wrote: »

If they were waiting for house prices to go down further, they were probably priced out of what they required. Hence waiting.

that has nothing to do with affording a mortgage and afforability

Graham_Devon wrote: »

And taking on debt you cannot afford, is?

sorry to surprise you but not everyone is priced out.

and if people are waiting for prices to drop further - what happens if they don't drop past February 2009?. you've guessed it - they've missed out not only on a cheaper property but lower rates that have been available... they've lost money!!!!!

if saving money makes me a bull - i'll ask again. which planet do you live on?

ess0two

Graham_Devon wrote: »

If they were waiting for house prices to go down further, they were probably priced out of what they required. Hence waiting.

Too many wait for all the pieces of the jigsaw to fit together,at some point you have to make that decision with a few pieces missing.

Graham_Devon

Alright chucky.

I'm unsure why the responses at the moment seem to be always along the lines of "not everyone" when no one ever said everyone.

As you well know, lower rates for people entering have not been available. You are making stuff up as you go along.

They would have got a cheaper house in feb compared to today, however, rates would not have been much different to anytime before that.

I can see this is just going to go round in circles however, so I will just say you are right so we can move on.

chucky

Graham_Devon wrote: »

I'm unsure why the responses at the moment seem to be always along the lines of "not everyone" when no one ever said everyone.

this is going to be along one isn't it Devon. here's what you said. that implies everyone. no distinction to some or a even a selection of people.

Graham_Devon wrote: »

And taking on debt you cannot afford, is?

Graham_Devon wrote: »

As you well know, lower rates for people entering have not been available.

there were 5 year fixes at between 4% and 4.75% in the earlier part of this year for people who wanted to take a mortgage with a 25% deposit. that is just over the average deposit for a house buyer.

Graham_Devon wrote: »

You are making stuff up as you go along

i got a 4.69% 5 year fixed. you are such a fool accusing people of making stuff up just because it doesn't suit your viewpoint.

Graham_Devon wrote: »

They would have got a cheaper house in feb compared to today, however, rates would not have been much different to anytime before that.

so if i went for a mortgage in February 2009 i could say to them that i wanted the rate in 2004 then!!
what does it matter what the rate was before - it's the rate in the future that's important.

why don't you understand the simplest concepts instead of trying to turn it around into something that it's not... :rolleyes:

IveSeenTheLight

Graham_Devon wrote: »

Or to spin another way. Could remain 8% down.

It's the elephant in the room none of you are willing to look at!

It's not spin Graham.
We were discussing YoY figures.

If you want to discuss from peak then that is a different statistic from the topic

Graham_Devon

IveSeenTheLight wrote: »

It's not spin Graham.
We were discussing YoY figures.

If you want to discuss from peak then that is a different statistic from the topic

I didn't say you were using spin, I just said I was going to spin it another way.

What I did find rather odd however, is how you use Feburary as the start of the year to get the maximum YOY percentage.

Use November to November, i.e. a full YOY figure, and it doesn't work as well in your favour.

January is ignored. So were all spinning in our own way, as we all select what we will and won't use.

IveSeenTheLight

Graham_Devon wrote: »

I didn't say you were using spin, I just said I was going to spin it another way.

What I did find rather odd however, is how you use Feburary as the start of the year to get the maximum YOY percentage.

January is ignored. So were all spinning in our own way, as we all select what we will and won't use.

Graham,

The topic was that soon 10% YoY would be obtained.
It's not there at the moment and I was arguing against falls and still being able to achieve it.
However the latest rise in Novemember means it is now achievable, just.

chucky

IveSeenTheLight wrote: »

Graham,

The topic was that soon 10% YoY would be obtained.
It's not there at the moment and I was arguing against falls and still being able to achieve it.
However the latest rise in Novemember means it is now achievable, just.

ISTL, let me remind you of what you have in in your signature of your posts :T

:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:

IveSeenTheLight

chucky wrote: »

ISTL, let me remind you of what you have in in your signature of your posts :T

:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:

I know, I know.
I'm an optimist though.
One day I'm sure that a topic can be discuussed and debated to stay on topic and not spun to be something else.

If Graham had looked, I initially questioned Hamish's figures of achieving falls and still obtaining 10% YoY.
It seems with the latest released figures it is still achievable.

Who would have though prices would still be on the rise in November?
Will there be a winter dip?

Maybe it's time for you to dig out the latest YoY graph.

chucky

IveSeenTheLight wrote: »

Who would have though prices would still be on the rise in November?
Will there be a winter dip?

if there isn't; it will be pushing a few people over the edge on here.

there will be a few months of stagnation if there are no falls as the South flattens out and Northern England's HPI catches up