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Debate House Prices
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House Prices Tumble 6% in Scotland
Comments
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IveSeenTheLight wrote: »Let me get it straight: -
The bet is, that you think house prices in Aberdeen will drop by more than 12% by the end of Dec 2011.
If it does I pay out to the charity, if it doesn't then you pay out.
We probably need to set some rules, like which figures to use.
Let me also peruse the data as the ROSEA doe not seasonally adjust the figures and therefore can be reflective.
Yes, 12%, or more but you only need pay £10 if you lose. I will pay £20 if I lose.
With regard to which figures to use, just let me know what you are comfortable with.There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...0 -
worldtraveller wrote: »Yes, 12%, or more but you only need pay £10 if you lose. I will pay £20 if I lose.
With regard to which figures to use, just let me know what you are comfortable with.
For Scotland, I'm very confortable with the ROSEA monthly released figures.
Let me come back tomorrow after I've looked into the monthly fluctuations:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
IveSeenTheLight wrote: »For Scotland, I'm very confortable with the ROSEA monthly released figures.
Let me come back tomorrow after I've looked into the monthly fluctuations
No worries!
There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...0 -
worldtraveller wrote: »I would take your bet, but threads have no definitive ending. If you are prepared to go along with end December, 2011 you have a bet!
What's more, I'll double it to £20, without any need for you to do the same, should prices not drop by 12%, or more by then.
I'll take that bet.
And raise you......
£100 to the charity of choice, that the ROS monthly series for Aberdeen city will be higher for the month of December 2011 than for the month of March 2010.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
HAMISH_MCTAVISH wrote: »I'll take that bet.
And raise you......
£100 to the charity of choice, that the ROS monthly series for Aberdeen city will be higher for the month of December 2011 than for the month of March 2010.
Will that adjust for inflation?
If so, which measure; RPI or CPI?
The bet (and indeed its consideration) is worthless if it is for nominal values only.Die, die sich nicht bewegen, beachten nicht ihre Ketten.0 -
worldtraveller wrote: »Yes, 12%, or more but you only need pay £10 if you lose. I will pay £20 if I lose.
With regard to which figures to use, just let me know what you are comfortable with.
Ok, the bets on.
Even with the ROSEA figures not mix adjusting or catering for seasonal adjustments, I just don;t see the market dropping 12%.
Taking the latest released figures from
http://www.ros.gov.uk/professional/eservices/land_property_data/lpd_stats.html
The February figure is £172,301 for Aberdeen City.
If during any month between now and Dec 2011 the figure drops to £151,624 or less, then I'll pay up.
If not you do
To keep it simple, please make the payment out to Cancer Research :wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
rosa_luxembourg wrote: »Will that adjust for inflation?
If so, which measure; RPI or CPI?
The bet (and indeed its consideration) is worthless if it is for nominal values only.
So you believe that nominally prices will be higher:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
IveSeenTheLight wrote: »So you believe that nominally prices will be higher
Those poor bears, clutching at straws over "real prices".....
Question for Rosa Luxembourg, or any other bear that cares to take it on.....
How does it help you, or disadvantage us, if houses get more expensive, AND the price of everything else gets EVEN MORE expensive..... Because that's all "real price" decreases achieve.
Without wage inflation, which you all claim isn't going to happen, you're in a worse position than today.;)“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
IveSeenTheLight wrote: »Ok, the bets on.
Even with the ROSEA figures not mix adjusting or catering for seasonal adjustments, I just don;t see the market dropping 12%.
Taking the latest released figures from
http://www.ros.gov.uk/professional/eservices/land_property_data/lpd_stats.html
The February figure is £172,301 for Aberdeen City.
If during any month between now and Dec 2011 the figure drops to £151,624 or less, then I'll pay up.
If not you do
To keep it simple, please make the payment out to Cancer Research
OK, it's a bet! There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...0 -
IveSeenTheLight wrote: »So you believe that nominally prices will be higher
I don't believe any such thing.
You've made the mistake of thinking that I, like you, have a vested interest or position dependant on one outcome or another, and that this 'hope' is more like religious faith. I've come here for information only, not to spread my belief. So far, as far as I can see, the information which is available on this board is a kind of 'meta-information' about the posters and their preconceived positions, not about house prices themselves.Die, die sich nicht bewegen, beachten nicht ihre Ketten.0
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