British House Prices Probably Won’t Fall This Year, RICS Says

Graham_Devon

chucky wrote: »

i don't think you understand graham - that's why you think it has nothing to do with it.

oh well :wall:

I'll play fair chucky.

I was playing devils advocate.

I asked a question I wasn't really expecting either of you to be able to answer. I asked it because it amuses me.

I'll leave it now and leave you to just say things like "return to normal transactions" as flippant remarks without asking such silly questions

chucky

Graham_Devon wrote: »

I'll play fair chucky.

I was playing devils advocate.

I asked a question I wasn't really expecting either of you to be able to answer. I asked it because it amuses me.

I'll leave it now and leave you to just say things like "return to normal transactions" as flippant remarks without asking such silly questions

hahahaha, have a look at the neutral level of transactions to get the answer but you still don't get it!!!

top bombing on the deflection of not knowing what you're talking about. nice one :T

Graham_Devon

chucky wrote: »

hahahaha, have a look at the neutral level of transactions to get the answer but you still don't get it!!!

top bombing on the deflection of not knowing what you're talking about. nice one :T

Top bombing?

Chucky. I asked a question. "How will transaction levels get back to normal".

You had the choice to answer, or go down the route you have. It wasn't even a question directed at you, but you felt the need to butt in, but still can't answer.

That is all. Nice choice of route. I'll be damned if I know how transactions levels will get to that "normality". And clearly, you haven't a clue either.

chucky

Graham_Devon wrote: »

Top bombing?

Chucky. I asked a question. "How will transaction levels get back to normal".

You had the choice to answer, or go down the route you have. It wasn't even a question directed at you, but you felt the need to butt in, but still can't answer.

That is all. Nice choice of route. I'll be damned if I know how transactions levels will get to that "normality". And clearly, you haven't a clue either.

they don't get back to normal because what is normal - 2002, 2007, 2009 or 1998??

it's quite simple - there isn't a normal level of transactions.

all you can do is see what level of transactions (real mortgage transactions, not remortgages etc) gives you a neutral level of HPI.

do yo understand?

Graham_Devon

chucky wrote: »

they don't get back to normal because what is normal - 2002, 2007, 2009 or 1998??

it's quite simple - there isn't a normal level of transactions.

all you can do is see what level of transactions (real mortgage transactions, not remortgages etc) gives you a neutral level of HPI.

do yo understand?

I do chucky. Which is why I asked really to tell us what is normal on the previous page, and what caused all this. Got in there before you y'see

Really said normal transaction levels. All I'm doing is asking how you get that.

Seems I have educated you a little though. I feel so charitable.

chucky

Graham_Devon wrote: »

I do chucky. Which is why I asked really to tell us what is normal on the previous page, and what caused all this. Got in there before you y'see

Really said normal transaction levels. All I'm doing is asking how you get that.

Seems I have educated you a little though. I feel so charitable.

oh dear - Graham pretends he understand something and pretends he is clever. :wall:

here's what he said before you turned it into something it wasn't

Really2 wrote: »

We will be well out of recession before base rate hits pre crash levels IMHO.

Should be a fairly normal market then.

Graham_Devon

Oh dear, chucky it stuck so has to resort to the antics of the kid sniggering in the corner

Wookster

I'd just like to know where money is going to come from to sustain these silly prices.

Governments are borrowing record amounts, European banks are refinancing record amounts and businesses are clambering for what's left of the limited credit available.

I wouldn't be surprised if there is a credit drought which pushes up rates paid by consumers.

abaxas

Wookster wrote: »

I'd just like to know where money is going to come from to sustain these silly prices.

Governments are borrowing record amounts, European banks are refinancing record amounts and businesses are clambering for what's left of the limited credit available.

I wouldn't be surprised if there is a credit drought which pushes up rates paid by consumers.

Intesting point, why is credit being used to prop up house prices when it could be used for investment?

Surely returning to a strong economy is more important that anything else?

ninky_2

Pete111 wrote: »

I'm still hearing lots of anectodal noises from SW london (and London in general) re continuing rises.

over a glass of chardonnay.....will those bleeding sw london dinner party classes ever shut up about house prices!!

stagnation? yes please.