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Debate House Prices


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MSE News: Land Registry: monthly house prices drop 0.6%

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Comments

  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Emy1501 wrote: »
    Surely these figures are easily skewed and pretty pointless in these times? The postcode I'm looking in shows 6 properties sold this month cheapest 178K and most expensive 4m. None of the other properties were under 450K even though average price for postcode is about 245K according to LR.
    i'll be sure to use this response once there any falls in any of the house price indexes.

    but then again it's different if there are house price falls - they are 100% valid.

    this isn't a bear vs bull or house prices up vs house prices down argument.
    it's an argument that people need to be consistent in their points and not switch them to match the data at the time.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    doire wrote: »
    See post 57
    so how do you explain every single index following the same trend?

    Land Registry, Rightmove etc all have the same trend - are they all wrong and innacurate?
  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    chucky wrote: »
    so how do you explain every single index following the same trend?

    Land Registry, Rightmove etc all have the same trend - are they all wrong and innacurate?

    Who said anything about LR or RM?

    Stop moving the goal posts as usual and stick to the topic im talking about....NATIONWIDE
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 4 May 2010 at 1:59PM
    doire wrote: »
    Who said anything about LR or RM?

    Stop moving the goal posts as usual and stick to the topic im talking about....NATIONWIDE
    let me try again
    chucky wrote: »
    so how do you explain every single index following the same trend?

    Land Registry, Rightmove etc all have the same trend - are they all wrong and innacurate?
    all of the House price indexes (nationwide, land registry and all of the others) are showing exactly the same trend line with their relevent time lags... so all of them are wrong then?

    translated for Doire that means if the nationwide (according to you) is not accurate it would mean that each and every other house price index is wrong too and that would include the Land Registry.

    no goal posts moved, just a tough question that breaks the routine of standard sound bite replies you always give...
  • nembot
    nembot Posts: 1,234 Forumite
    Don't think anyone believes anything Nationwide say, with billions at stake - i'd lie through my teeth too.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    nembot wrote: »
    Don't think anyone believes anything Nationwide say, with billions at stake - i'd lie through my teeth too.
    that's a fair point and if you believe that you'd be able to answer the question on Post 65 then?
  • Harry_Powell
    Harry_Powell Posts: 2,089 Forumite
    nembot wrote: »
    Don't think anyone believes anything Nationwide say, with billions at stake - i'd lie through my teeth too.

    Their figures were reliable enough to most of the 'bears' when they were falling, what's changed (apart from the fact that they're not falling)?
    "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.
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    Their figures were reliable enough to most of the 'bears' when they were falling, what's changed (apart from the fact that they're not falling)?

    I think the rationale is that because theyre a VI then theyre unlikely to report falls unless they really have to.

    Who knows, all the indexes are unreliable across some indicators. My own feeling is that theyre reliable for London, where the asking prices have gone up so astronomically beyond 2007 sale prices its difficult to believe buyers are securing the kind of discount necessary to even get 2007 parity.

    Outside London, not so much but imo its still a seller's market at the moment.
  • carolt
    carolt Posts: 8,531 Forumite
    chucky wrote: »
    sorry to disappoint but i would never tell what my mortgage was - i may have said what the repayments were but not the actual mortgage amount, if there were several posts it should be easy to find...

    but back to your pity point... the search function is at the top of the page, go and have a search and see if you can find where i've said that my mortgage was £700k.

    in the meantime, go and make up another fantasy story to entertain yourself :T

    How interesting - I've just been PMed by a fellow poster concerning chucky's missing posts. This is the PM I received:

    "You might like to ask him why he deleted his entire posting history prior to August 2008 - some 2,000 posts! Must have taken him several days to achieve. The blokes a fraud. If you want to check, all that remain of old posts, are threads he started but was unable to delete. Go into his old posting history, then threads started. Any thread he started he's just deleted the text - example here

    http://forums.moneysavingexpert.com/...8420&highlight=

    post starts

    http://forums.moneysavingexpert.com/...49&postcount=1



    Can't wait to hear your explanation, chucky for why you've been deleting all your old posts.

    What could you possibly have to hide???
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 4 May 2010 at 4:37PM
    carolt wrote: »
    Can't wait to hear your explanation, chucky for why you've been deleting all your old posts.

    What could you possibly have to hide???
    lol - a simple reason. personal informatiion. too much personal information.
    you could have asked me about these threads i would have told you. there's another few too that i do that too.

    and the poster that told you was our own little Mystic Trev...
    oh what a man. how i'd like him to come out to play but he's obviously not enough of a man to come to me...

    but anyway carol. you do a great job of stalking. it's starting to worry me.
    is this another of your 'friends' that you've started to PM... likely story...
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