Debate House Prices


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MSE News: Nationwide: strong house price growth in January

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  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    chucky wrote: »
    top bombing Harry - this recession is a warning shot.
    the UK specific cyclical recession will bite at some point... not for a few years though

    And when it does?
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    doire wrote: »
    And when it does?
    i'd rather not put my life on hold for the next few years... you're more than welcome to - fill your boots!!
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    So now the playground is quiet, you can shout yah boo back at them? :D

    I prefer to call it pay-back time, but yes.
    Can someone please link to the regional figures, I can't seem to find them?
    Im not sure about these regional figures, as Nationwide only include these in their quartely reports, and the next one is not due until March.
  • doire wrote: »
    Is Nationwide only a UK average?

    Yes, it includes all parts of the UK, including N.I.

    Regional data is only available on the quarterly report. Even N.I is up from trough, although not by much.
    “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”
  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    chucky wrote: »
    i'd rather not put my life on hold for the next few years... you're more than welcome to - fill your boots!!

    I'd rather not rush out now and buy and overpriced house only for the recession to really hit.

    House prices rises fuelled by a bunch of idiots whose only real intent is to cling onto power :rotfl:
  • westv
    westv Posts: 6,461 Forumite
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    Yes, it includes all parts of the UK, including N.I.

    Regional data is only available on the quarterly report. Even N.I is up from trough, although not by much.

    So a bit like seeing a shop having a 50% off sale but not being able to find out what particular products are discounted. :D
  • mr_fishbulb
    mr_fishbulb Posts: 5,224 Forumite
    Part of the Furniture Combo Breaker
    edited 29 January 2010 at 12:02PM
    So now the playground is quiet, you can shout yah boo back at them? :D
    You would have thought they would have better things to do, like spending all the money they have made from their houses.
  • Lotus-eater
    Lotus-eater Posts: 10,789 Forumite
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    Dan: wrote: »

    Im not sure about these regional figures, as Nationwide only include these in their quartely reports, and the next one is not due until March.
    Oh right, not sure what figures westv was talking about then, I must be reading it incorrectly.

    So you're not worried HP's might be going up too fast then? 10% YOY rises seem like suicide for the housing market to me.
    Freedom is not worth having if it does not include the freedom to make mistakes.
  • westv
    westv Posts: 6,461 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Oh right, not sure what figures westv was talking about then, I must be reading it incorrectly.

    I don't understand what you mean.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Oh right, not sure what figures westv was talking about then, I must be reading it incorrectly.

    So you're not worried HP's might be going up too fast then? 10% YOY rises seem like suicide for the housing market to me.
    not that i'm saying that it is... but could that 10% rise be a re-adjustment/re-correction of the negative over correction in 2008?

    just a thought... :)
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