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Debate House Prices
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Nationwide: +1% MoM +10.5% YoY
Comments
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Turnbull2000 wrote: »Double digit HPIS is here like I said.
Me too.:D
Started a thread about it several months ago.;)
But anyone with half a brain could predict this one.
What's more shocking is that anyone could be so monumentally stupid as to think it wouldn't happen.
It takes a truly special level of idiocy to be that badly wrong......:rotfl:“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 -
While all around Rome burns:cool:
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MissMoneypenny wrote: »Inflation again. Are we taking bets yet on when the base rate is going to have to go up...and up?
I'll take a bet on that...... What did you have in mind?:D“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 -
It's amazing, the country's fcked yet house prices keep on rising.
It'll be interesting to see whether they can defy gravity indefinitely. Only time will tell. If you can't even invest safely in Government bonds then maybe a 2 bed terrace in Leeds is the best investment left. I have my doubts but what do I know?0 -
While all around Rome burns
I'll take it you were one of those "special" people who thought double digit HPI wouldn't happen.....:cool:“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 it you were one of those "special" people who thought double digit HPI wouldn't happen.....:cool:
I agree, it's weird that prices go up with more are entering the market than being sold.
Something is up.0 -
It's amazing, the country's fcked yet house prices keep on rising.
It'll be interesting to see whether they can defy gravity indefinitely. Only time will tell. If you can't even invest safely in Government bonds then maybe a 2 bed terrace in Leeds is the best investment left. I have my doubts but what do I know?
There's nothing amazing about it.
It's been blindingly obvious for quite some time.“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 -
“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 -
they can't defty gravity at all, they will have to re-correct - a 1% rise is big and it all leads to a 0.9% drop being just as big the next month.It's amazing, the country's fcked yet house prices keep on rising.
It'll be interesting to see whether they can defy gravity indefinitely. Only time will tell. If you can't even invest safely in Government bonds then maybe a 2 bed terrace in Leeds is the best investment left. I have my doubts but what do I know?
i still stick to my view that the 2008 drops were too much and 2009 corrected these big drops. these rises will need a correction at some point soon.0
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