MSE News: Halifax - House prices rebound after fall

Graham_Devon

chucky wrote: »

then it's a good time to start preparing to take advantage of those situations ahead instead of complaining about it on a forum :eek:

Interesting.

You don't actually disagree with my analysis.

Only response to what I stated was a line about making as much as you can in terms of profit.

chucky

Graham_Devon wrote: »

Interesting.
You don't actually disagree with my analysis.

it's a waste of time discussing - it goes above your head

Graham_Devon wrote: »

Only response to what I stated was a line about making as much as you can in terms of profit.

do you mean saving money to be able to buy a bigger home in the future when prices drop is making profit?

i thought that was one way of improving ones life.

good try... but you need to go to school again.

Cleaver

Where is that nice blue and red graph thingy? It used to be on here loads, as some people liked using it to show stuff was going down, others to show stuff was going up. If I remember rightly there's been some ups and downs recently, so it might actually look more interesting.

Ahh, wait, I've found it on the BBC website. Think they have a new graph monkey, it looks slightly different somehow:

Cleaver

Oh wait, here's the real thing. Ooooh, they've changed one of the lines from red to orange. I find that quite exciting.

Graham_Devon

Well as the graphs are doing the outings....

Really2

Graham_Devon wrote: »

Well as the graphs are doing the outings....

Is it a double bulltrap now.;)

undetterred

chucky wrote: »

then it's a good time to start preparing to take advantage of those situations ahead instead of complaining about it on a forum :eek:

And yet the same people still sit it out,waiting for a crash that has been and long gone.

System

Graham_Devon wrote: »

Some more people unable to save simply their deposit at the rate of HPI, whereby they save each month, but the deposit becomes less of a percentage required each month.

Not quite true, assuming you're saving a 10% deposit then houses would need to increase at 10x the amount you save to cancel it out (I think)

Assuming house prices rise at £1000 a month and someone saves £500 a month, that's prices rising twice as fast as they can save, their deposit as a percentage is still increasing, a spreadsheet:

Graham_Devon

Joeskeppi wrote: »

Not quite true, assuming you're saving a 10% deposit then houses would need to increase at 10x the amount you save to cancel it out (I think)

Assuming house prices rise at £1000 a month and someone saves £500 a month, that's prices rising twice as fast as they can save, their deposit as a percentage is still increasing, a spreadsheet:

Your figures make your point.

But can you use real figures? I.e. 157k - 168k.

The percentages will then change.

I won't argue about the £500 deposit saving each month, personally I think that's a little over optimistic for the average person to be saving. But we'll go with it.

chucky

undetterred wrote: »

And yet the same people still sit it out,waiting for a crash that has been and long gone.

they were a large bunch before but the smarter ones have long gone

one day, maybe one day this will happen