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Debate House Prices
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Why are the Bulls here buying this 0.1% recovery
Comments
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But all data is listed why not make your own data? They only don't include Cash and auctions as they are extremes but the data is available to everyone for all sold prices.
Easy to make a local index if you believe people manipulate the figures.
Where is the data on every mortgage? Is there a link to that?0 -
Does it really matter to us whether the Halifax, Nationwide or indeed the Land Registry figures are completely accurate?
They give a general impresion of the UK as a whole, but as I've said repeatedly, what is the value of this information to ordinary people who log onto here or HPC? It's useful information for government, and the banks and any professionals related to the housing industry, but as figures to be used by joe public to determine whether or not to buy a house, they're pointless. TBH, if anyone is basing the decision to buy the most expensive thing they will ever purchase on National Statistics then they need to have their head read."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, 1955.0 -
Where is that?
The land registry publish all of them but if you don't want to pay you can use things like ourproperty.co.uk etc.
But I am sure you know that, but that is all data and includes all the stuff they do not include in the HPI research.
Depends how much difference you really thinks it makes and if you think the stuff excluded are typical to nearly all purchases?0 -
Although, I understand your perspective Cleaver the people who don't trust the numbers (including myself) haven't any real way to disprove them and if the numbers were accurate, the companies wouldn't be against keeping independant data on all house sales, for the general public to see.
As Harry says though, why do you care that much? The figures give a general impression of whether stuff is going down, going up or staying the same. If one month was 0.3% up when in actual fact a more in-depth methodology would have found 0.4% does it really matter? LR, Nationwide, Halifax - they all pretty much say the same thing, so it looks like there are all just about getting the jist of things pretty accurate.0 -
As Harry says though, why do you care that much? The figures give a general impression of whether stuff is going down, going up or staying the same. If one month was 0.3% up when in actual fact a more in-depth methodology would have found 0.4% does it really matter? LR, Nationwide, Halifax - they all pretty much say the same thing, so it looks like there are all just about getting the jist of things pretty accurate.
So you are happy to be lied to? Maybe that is the whole point of this? Some people want the data, other people want to be kept happy, even if it involed lies.
I'm in the truth camp... I'll assume you prefer not to know the truth.0 -
So you are happy to be lied to? Maybe that is the whole point of this? Some people want the data, other people want to be kept happy, even if it involed lies.
I'm in the truth camp... I'll assume you prefer not to know the truth.
In the interests of fairness and all, perhaps you could point me to your multiple posts questioning the data, and accusing the indices of lying, when they showed prices falling......“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 -
Post Count: 1,502
I simply dont have the time.
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