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Debate House Prices


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If you are thinking of buying this summer ....

123468

Comments

  • brit1234 wrote: »
    They have, for the last couple of months. I haven't changed my mind, whats your point?

    :think:

    your problems isnt about changing your mind, its making your mind up, its like me saying liverpool will win the premier league in my signature.

    example Liverpool will win the league 2010 -2090

    you keep on saying house prices will drop youve said it in your signature in 2007 it would have happened by now, but now you have been expanding the dates.:D

    why dont you change your signature to house prices will fall sometime in the next century?????:T
  • chucky wrote: »
    a contradiction...

    but wait for it... 50% off peak 2007 prices by Christmas 2009... pmsl

    she truly has become clown of the forum, with the way she changes her signature, only carolt comes a close second.:T
  • brit1234
    brit1234 Posts: 5,385 Forumite
    she truly has become clown of the forum, with the way she changes her signature, only carolt comes a close second.:T

    Sorry Hamish, Nollag, chucky, new home owner but I am a dude.

    As for my original prediction didn't think they would cut interest rates to 0.5% to bail out the reckless. However I have said this a thousand times now and it is getting a bit borring. If you only way to fight your argument is to bring up a 2007 signature then you are truely on weak grounds.
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    brit1234 wrote: »
    Sorry Hamish, Nollag, chucky, new home owner but I am a dude.
    you're not the brightest are you... - i'm me thank you...
    brit1234 wrote: »
    As for my original prediction didn't think they would cut interest rates to 0.5% to bail out the reckless. However I have said this a thousand times now and it is getting a bit borring. If you only way to fight your argument is to bring up a 2007 signature then you are truely on weak grounds.
    if anything is on weak ground it's you're signature... remind me again whats happened to house prices since Feb 2009. i'll telkl you, they've gone up

    so remind me again... you're saying that "Prices are going to start to fall from here on in" but your signature says they're going to stagnate. make your mind up because you discredit yourself with nearly every post
    PROPERTY BOTTOM - History tells us that property stagnates for years at the bottom, there will be no rapid rises at the bottom, don't rush.:think:
  • brit1234
    brit1234 Posts: 5,385 Forumite
    chucky wrote: »
    you're not the brightest are you... - i'm me thank you...
    if anything is on weak ground it's you're signature... remind me again whats happened to house prices since Feb 2009. i'll telkl you, they've gone up

    so remind me again... you're saying that "Prices are going to start to fall from here on in" but your signature says they're going to stagnate. make your mind up because you discredit yourself with nearly every post

    Learn how to read and maybe you won't look so foolish.
    History tells us that property stagnates for years at the bottom, there will be no rapid rises at the bottom, don't rush.:think:

    You can not put together a reasonable argument so you go for name calling. You have no argument, you probably know whats coming.
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • nembot
    nembot Posts: 1,234 Forumite
    Shouldn't be so tough on them Brit, not their fault they bought close to or at peak.

    :beer:
  • I didn't say prices fell 6 months in a row.
    Acadametrics, which you are referring to, also showed prices falling for 6 consecutive months in 2005.

    I rest my case....
    Debt Is Slavery.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 14 June 2010 at 7:49AM
    I didn't say prices fell 6 months in a row.

    I said Acadametrics showed prices falling 6 months in a row at the time.

    Do you understand the difference?
    Published: September 9 2005 09:34 | Last updated: September 9 2005 09:34

    House prices in England and Wales fell for the sixth month in a row in August, according to the FT house price index, the most reliable guide to the prices achieved by sellers in the property market, published on Friday.

    Acadametrics, the consultancy that compiles the FT price index, said house price inflation “is likely to fall further still” because rises in prices last Autumn will gradually fall out of the calculation in the remainder of this year.
    http://www.ft.com/cms/s/2/b767ee50-2...00e2511c8.html
    “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”
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    brit1234 wrote: »
    Learn how to read and maybe you won't look so foolish.


    You can not put together a reasonable argument so you go for name calling. You have no argument, you probably know whats coming.
    hold on let me get this right - you reckon "History tells us that property stagnates for years at the bottom, there will be no rapid rises at the bottom"

    i'm teliing you for a fact it doesn't but facts aren't important here are they...

    but let's try anyway...

    mid 1970s falls were never negative YoY because of high inflation - so no stagnation for years
    1980s price falls were back to peak in about 16 months - so no stagnation for years
    1990s - price fell for about 16 months, then stagnated for about 3 years before reaching peak 5 years later.
    2008 price falls were reversed in Feb 2009 and rose between 10%-15% to now - so no stagnation for years

    so remind me which "History tells us that property stagnates for years at the bottom, there will be no rapid rises at the bottom". Is this the history books according to Brit or reality because you certainly don't live in the real world if you think that was the case...
  • I didn't say prices fell 6 months in a row.

    I said Acadametrics showed prices falling 6 months in a row at the time.

    Do you understand the difference?

    http://www.ft.com/cms/s/2/b767ee50-2...00e2511c8.html

    why can't you just accept your wrong. It's clear for everyone to see, your just making a fool of yourself by arguing about the wording.
    Debt Is Slavery.
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