We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Scottish House Prices BOOMING!!!!!
HAMISH_MCTAVISH
Posts: 28,592 Forumite
Aberdeen. April 2010 £175,908 vs April 2009 £154,718 +13.6% Year on Year
Edinburgh April 2010 £214,611 vs April 2009 £193,991 +10.6% Year on Year
Scotland April 2010 £151,539 vs April 2009 £140,429 +7.9% Year on Year
Now also higher than the same months in 2007 (peak year) and have been every month this year so far.
Aberdeen April 2007 £152,317, vs £175,908 today. A £23,591 gain in just 3 years.
Edinburgh April 2007 £200,609, vs £214,661 today. A £14,052 gain in just 3 years.
Scotland April 2007 £144,204 vs £151,539 today. A £7,335 gain in just 3 years.
By the time you add in rental costs and low interest rates, the renter could be close to £50,000 worse off than someone who bought in 2007.
The McBears will be crying themselves to sleep tonight......
:beer:
Edinburgh April 2010 £214,611 vs April 2009 £193,991 +10.6% Year on Year
Scotland April 2010 £151,539 vs April 2009 £140,429 +7.9% Year on Year
Now also higher than the same months in 2007 (peak year) and have been every month this year so far.
Aberdeen April 2007 £152,317, vs £175,908 today. A £23,591 gain in just 3 years.
Edinburgh April 2007 £200,609, vs £214,661 today. A £14,052 gain in just 3 years.
Scotland April 2007 £144,204 vs £151,539 today. A £7,335 gain in just 3 years.
By the time you add in rental costs and low interest rates, the renter could be close to £50,000 worse off than someone who bought in 2007.
The McBears will be crying themselves to sleep tonight......
:beer:
“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”
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”
0
Comments
-
got to give it to you Hamish - you do go looking for troubleHAMISH_MCTAVISH wrote: »Now also higher than the same months in 2007 (peak year) and have been every month this year so far.
Aberdeen April 2007 £152,317, vs £175,908 today. A £23,591 gain in just 3 years. 0 -
Do you bore the wife in bed with this rubbish too?0
-
HAMISH_MCTAVISH wrote: »Aberdeen. April 2010 £175,908 vs April 2009 £154,718 +13.6% Year on Year
Edinburgh April 2010 £214,611 vs April 2009 £193,991 +10.6% Year on Year
Scotland April 2010 £151,539 vs April 2009 £140,429 +7.9% Year on Year
Now also higher than the same months in 2007 (peak year) and have been every month this year so far.
Aberdeen April 2007 £152,317, vs £175,908 today. A £23,591 gain in just 3 years.
Edinburgh April 2007 £200,609, vs £214,661 today. A £14,052 gain in just 3 years.
Scotland April 2007 £144,204 vs £151,539 today. A £7,335 gain in just 3 years.
By the time you add in rental costs and low interest rates, the renter could be close to £50,000 worse off than someone who bought in 2007.
The McBears will be crying themselves to sleep tonight......
:beer:
Why do you like rubbing it iin for renters. I believe the vast majority would buy if they could, but for various reasons are unable to. Seems a bit like laughing at a person in a wheelchair because they cannot run as fast as you. Bit sick really.0 -
Why do you like rubbing it iin for renters. I believe the vast majority would buy if they could, but for various reasons are unable to.
I don't think that's true, all the bears here earn over 100k a year and have thousands of pounds in the bank.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
With all the poential benifits cuts, how are the scott's ever going to afford their mortgages?0
-
Why do you like rubbing it iin for renters. I believe the vast majority would buy if they could, but for various reasons are unable to. .
The vast majority that post here could have bought anytime prior to 2007 with a 100% mortgage if need be. But chose not to, as they wanted to see our "crumbling piles of bricks" devalue so they could pick up a "cheapo house".
Remind me again, what's that German word for Schadenfreude....;)“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 -
Why do you like rubbing it iin for renters. I believe the vast majority would buy if they could, but for various reasons are unable to. Seems a bit like laughing at a person in a wheelchair because they cannot run as fast as you. Bit sick really.
He's not mocking those that rent. He's mocking those that rent waiting in belief that house prices will fall.
Certainly in the Aberdeen area, property is affordable to those on average wages.
Average Male Mean Average = £39,018
http://www.statistics.gov.uk/downloads/theme_labour/ASHE-2009/tab7_7a.xls:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
You Scots are so lucky. Never-ending prosperity just through the ownership of a humble pwoperdee.
And, just think, whilst some potential househunters South of the border will be otherwise occupied worrying about the world cup in the next few weeks entrepeneurial Scots will be out and about looking to snap up housing bargains, no doubt pushing prices up even further.
A serious point, though - where do these figures come from? The Halifax had Scotland, at the end of Q1 2010, down 12% down from Q1 2008, 8% down from Q1 2006. Hamish's numbers look like, well, like implausible rubbish to me.FACT.0 -
IveSeenTheLight wrote: »He's not mocking those that rent. He's mocking those that rent waiting in belief that house prices will fall.
Certainly in the Aberdeen area, property is affordable to those on average wages.
Average Male Mean Average = £39,018
http://www.statistics.gov.uk/downloads/theme_labour/ASHE-2009/tab7_7a.xls
Either way, the pleasure Hamish seems to take is quite sad. Has a middle-aged man not got anything better to do? I can understand that a mid-life crisis of some sort is affecting him, but still.Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards