In real money, British house prices are down by 70%

purch

now it's marketable at c.£280k

.....or AOA 37,380,000 :eek:

marklv

purch wrote: »

.....or AOA 37,380,000 :eek:

Kindly explain this number.

carolt

Jonbvn wrote: »

Carol,

How come I agree with you twice in a month? Are you changing or is it me?;)

I think the bears v bulls split posited on this board is quite misleading; except for Hamish, no-one actually bases all their opinions in every area on the future direction of house prices.

Thus 2 people with opposing views on house prices may actually agree 100% on other areas.

Or 2 housing bears (or 2 bulls) disagree on all other areas.

Bulls and bears do not (contrary to Hamish's world view) suffer from some kind of permanent psychological condition which makes them see 'gloom' or wear rose-coloured spectacles, on every other occasion.

They may just be 2 people who for differing - but both logical - reasons, have come to different conclusions about house prices.

Other than that, there is no automatic reason for them to disagree.

Wheezy_2

purch wrote: »

.....or AOA 37,380,000 :eek:

or 7,696,044,417.02 VND

purch

Kindly explain this number

Read the whole thread and you might get the gist (sigh)

Jonbvn

Wheezy wrote: »

or 7,696,044,417.02 VND

Fortunately, the Vietnamese have simple words for billion - tỷ (sounds like tee) and million - triệu (sounds like chew). You can get two million VND from an ATM in Vietnam.:eek:

The "richest" I've ever been was in Turkey, before they lost the millions off their lira.

Really2

Jonbvn wrote: »

The "richest" I've ever been was in Turkey, before they lost the millions off their lira.

Yes blowing over a million just to have a larger was always interesting.

TBH I did not realise they had dropped the million, last time I went was 2001 now.

marklv

purch wrote: »

Read the whole thread and you might get the gist (sigh)

Why are you using Angolan currency? I'm mystified!

ninky_2

how much is a sunny day worth in real terms?

just wondering cos it's sunny outside.:)

puddy

Cleaver wrote: »

<sigh>

People don't measure how much houses are worth in gold though, do they? They measure how much they are worth in money. You know this, presumably, so what's the point of measuring it in gold?

As I've said before, is there anything else you'd like to measure house prices against? A certain share? Mars bars? Panini sticker albums from the 80s? Precious and rare wine? A vintage pair of shoes? The price of timber? I'm sure there's loads of stuff we can find to compare the price of a house to and declare them cheap or expensive. But, again, as people buy houses with money, surely money would be the best tool with which to measure their value?

oh, im glad i read this, i read the article and was thinking 'eh?', what has gold got to do with me, i mortgaged with money

wouldnt it also be the case that gold has gone up too, rather than just sterling going down??