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Debate House Prices


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Housing Faces prolonged bear market.

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Comments

  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    Emy1501 wrote: »
    You have posted an opinion as fact based simply on what peoples beliefs are of what will happen in the future. Your opinion that house prices will be higher in 40 years is not a fact its an opinion.

    The point is 25 years ago no one would have accepted prices would be lower now than then just like no one would believe prices in 40 years here will be lower than now. It does not make your statement fact though.

    If you do not understand the difference between an opinion regardless of how likely it is to come true and fact then thats your problem.

    Quite true also. It's just it seems his opinion is more likely to come to pass than some of the other "facts" on here.
  • Harry_Powell
    Harry_Powell Posts: 2,089 Forumite
    JonnyBravo wrote: »
    Quite true also. It's just it seems his opinion is more likely to come to pass than some of the other "facts" on here.

    I have other opinions too. My opinion is that tomorrow the sun will rise in the east and set in the west. Naturally this is just a prediction because if an asteroid hits the earth tonight and flips the earth on it's axis, then the sun may rise in the north and go down in the south.

    All facts can be made into predictions if you're tin-hatted enough....
    "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.
  • Emy1501
    Emy1501 Posts: 1,798 Forumite
    JonnyBravo wrote: »
    Quite true also. It's just it seems his opinion is more likely to come to pass than some of the other "facts" on here.

    Quite true as I have said earlier. You can't though moan at others for predicting 15-25 years ahead and then present your own predictions as fact regardless of how likely ones is likely to come true.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    This thread is so good they almost named it twice 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
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Graham, stop pretending to be stupid. Even you cannot mistake 1975 and 1980 for 1970 and mistake 2005 and 2008 for 2010 !! :rotfl:

    Which bit of "difficult to find a graph that goes back far enough" in my post did you not understand?

    Which part of "possibly" did you not comprehend?
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