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Debate House Prices


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RIGHTMOVE February - Prices rocket 3.2%, London sets new record, reminiscent of boom

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Comments

  • Jonbvn wrote: »
    So the price of your mother's house is actually the only statistic we should be concerned with??;)

    You think they are the only EA doing this?;) And on just one house?;);)
    RENTING? Have you checked to see that your landlord has permission from their mortgage lender to rent the property? If not, you could be thrown out with very little notice.
    Read the sticky on the House Buying, Renting & Selling board.


  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    You think they are the only EA doing this?;) And on just one house?;);)

    Of course not. However, the rise is statistically significant, given recent months figures versus the Haliwide figures.
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    Sorry I missed this thread. I posted another similar one.
    http://forums.moneysavingexpert.com/showthread.html?t=2276067

    Mods please merge.

    For me the interesting posint was the comaprison with Haliwide. If they increase by a similar margin then.......

    BTW, the increase is so large, that I just can't believe that it is "noise".

    index-comparison-table.png
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • abaxas
    abaxas Posts: 4,141 Forumite
    Estate agents report price rises. LOL!
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I can report that diesel was 1p more expensive per litre this morning.

    AND!! Get this....National Insurance is going up!

    :j:j:j:T:T:T
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    <sarcasm>this is all an illusion - house asking prices aren't rising <sarcasm>
  • A "self-feeding sentiment loop" is called a bubble folks.
    Politics is not the art of the possible. It consists of choosing between the disastrous and the unpalatable. J. K. Galbraith
  • andrewmp
    andrewmp Posts: 1,800 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Prices will crash this year...
  • westv
    westv Posts: 6,613 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    3.2% in a month gets into the realms of the ridiculous and helps neither sellers or buyers.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    A "self-feeding sentiment loop" is called a bubble folks.

    Unless it is a slump icon7.gif
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
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