Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Prices Stable or Rising in 94% of the UK....

Options
24567…22

Comments

  • Mr.Brown_4
    Mr.Brown_4 Posts: 1,109 Forumite
    Desertfox wrote: »
    This bubble is built from of bricks, stone and concrete. Not water and fairy liquid Mr.Brown.
    Well, it's a better argument than endless boring percentages from vested interests. Wrong of course, but better.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Mr.Brown wrote: »
    Futile indeed. Nothing can stop the torrent of statistics it seems. 94% here, 87% there. No matter how many graphs, snapshots, land registry figures you produce Hamish - fact remains it was a bubble, and the froth has barely begun to be blown off.

    Do you seriously expect a bubble to last for ever?

    No matter how many times you claim it to be a bubble, the fact remains that prices fell by a greater percentage than the last crash, and are now rising strongly.

    You had your crash. It's over. Time to move on......
    “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”
  • Mr.Brown_4
    Mr.Brown_4 Posts: 1,109 Forumite
    HAMISH_MCTAVISH wrote: »
    No matter how many times you claim it to be a bubble, the fact remains that prices fell by a greater percentage than the last crash, and are now rising strongly.

    You had your crash. It's over. Time to move on......
    No Hamish that wasn't my crash. It was yours. A little blip to be followed by business as usual. No mate, my crash is coming, the proper crash, the end of all this house inflation nonsense for a decade or more.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 14 February 2010 at 10:42PM
    Cleaver wrote: »
    Oh, I don't think I can be bothered. You're a machine. ;)

    But... if a 'bear' came on here, and linked a post to an article that showed that surveyors reported that only 6% of houses were rising in value based on their opinion, would you comment under that article and confirm that yes, "prices are only falling in 6% of areas in the country"? Or would you question the fact that the article wasn't based on actual sold prices, and therefore wasn't valid?

    Surveyors were reporting price falls almost everywhere a year or so ago, and plenty of bears were posting about it.

    I never once questioned the RICS reports validity.
    “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”
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Another question. Probably really stupid. But I'm wondering how you seasonally adjust surveyors responses?

    And I also noted this...
    However, buying and selling fell during the month; respondents to the survey attributed this to the extreme weather conditions experienced in the early January. The new buyer enquiries net balance fell to -20% (from +18%), the agreed sales net balance fell to -15% (from +19%) and the new instruction net balance fell to -5% (from +15%).
  • nembot
    nembot Posts: 1,234 Forumite
    Silly article vs Big Picture

    Know which one I'd have a punt on...
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    nembot wrote: »
    Silly article vs Big Picture

    Know which one I'd have a punt on...

    Is that the same punt you've been having every month for a year now, as prices rise and rise and rise some more.......;)
    “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”
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I must be on fire tonight with the questions. Hamish is completely ignoring anything I ask.

    Probably get some kind of silly response to this though.
  • markharding557
    markharding557 Posts: 3,116 Forumite
    I think hamish needs to see the doctor he has an abnormal obsession with house prices:D
  • nembot
    nembot Posts: 1,234 Forumite
    For a second Hamish, I thought you were going to explain how the "Big Picture" fits your plans of ever increasing HPI, in these uncertain times.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture