House prices

ess0two

macaque wrote: »

The story so far:
24 votes for prices back to the 80s
48 votes for prices back to 'before or after' the 80s

Analysis
Total number of votes cast - 72
Voters who think prices will go back to the 80s - 33%
Voters who think prices will go back further - possibly as high as 66%
(although a few of these may have opted for 90s)
Voters who think that there will a crash 100%!

These results make a laughing stock of recent polls by lenders and estate agents which indicated that up to 60% of people believe that prices will be stable or rise in 2010.

The 70% Club - The only known antidote to VI spin

You think its representation of the general public?or just the tight wads on mse.

treliac

I said 'no,' meaning obviously (I thought) 'after' the 80s. To have them at the same level of affordability sounds about right I imagine.

They're not going to go that cheap that school leavers could afford them.

nollag2006

I voted

YES

House prices willl return to 1980's levels next Tuesday, and Duran Duran will also be No 1 again, and Wendy "horse face" McGee will laugh at me because I don't have turn ups on my jeans

Ooooh ... maybe that last bit was just too much of a personal flashback to the Eighties

nollag2006

Still, my favourite song of the 80's has to be this soulful ditty:




And how true it is for house prices now that we are over our cyclical dip in 2008.

Still - not to worry - there another correction due in ooooh, 14 years...

Mr.Brown_4

Hi Nollag, I hope things are OK with you? Although we disagree on house prices I don't like to see anyone in financial trouble. Chin up.

Pobby

Had to smile. My nephew has bought a place with his very nice girlfriend near London. It`s only a grand a month for 40 years. The family are telling me that house prices are going back up there. Wonder why?

phil_b_2

Pobby wrote: »

Wonder why?

Because they are?

morag1202

phil_b wrote: »

Because they are?

No, because there are more desperate buyers than desperate sellers

IveSeenTheLight

macaque wrote: »

The story so far:
24 votes for prices back to the 80s
48 votes for prices back to 'before or after' the 80s

Analysis
Total number of votes cast - 72
Voters who think prices will go back to the 80s - 33%
Voters who think prices will go back further - possibly as high as 66%
(although a few of these may have opted for 90s)
Voters who think that there will a crash 100%!

These results make a laughing stock of recent polls by lenders and estate agents which indicated that up to 60% of people believe that prices will be stable or rise in 2010.

The 70% Club - The only known antidote to VI spin

It would seem like you don't even know how to analyse your own poll.
How could you possibly understand anyone else's poll?

IveSeenTheLight

macaque wrote: »

These results make a laughing stock of recent polls by lenders and estate agents which indicated that up to 60% of people believe that prices will be stable or rise in 2010.

The 70% Club - The only known antidote to VI spin

Indeed with currently 70% of people in this poll voting that prices will not go back to the 80's.
It's quite possible that these 70% think that prices will be stable or rise in 2010.
this is where your 70% club should be