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Debate House Prices
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Spot the suckers rally.
Comments
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it was for London - why are you so interested in seasonal adjusted figures for the UK when you're looking to buy a place in London.
but you saidlet's have a look at the last Nationwide quarterly report that covers the last 3 months. that's June, May and April... to see if house prices have fallen...
Why didn't you say London? Oh because all the other figures are showing a downturn or going negative.
You now selectively want to show London data because it is distorted by multi million £ sales on low transactions by foreigners in central London.
Whoopy do. The homes I am interested in the suburbs are falling in value, I know as I am watch more affordable property appearing all the time.
Face it chucky prices are falling again now and with each coming month the evidence will get stronger.
There may be a small land registry rise next month because of the lag but it will be generally down from here on in.:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
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are they really showing negative - i don't think so... yet another lie Brit...
come on Brit - give it up. you're coming across as desperate deluded fool...
Nationwide
Mar + 1.0%
Apr + 1.1%
May + 0.5%
Jun + 0.1%
http://www.nationwide.co.uk/hpi/historical/jun_2010.pdf
Halifax
Mar + 1.0%
Apr - 0.1%
May - 0.4%
http://www.lloydsbankinggroup.com/me...dexMay2010.pdf
Land Registry
Mar - 0.3%
Apr +0.2%
May - 0.2%
Acadametrics
Mar - 0.5%
Apr - 0.7%
May - 0.2%
http://www.acadametrics.co.uk/acadHousePrices.php
Your just an Idiot Chucky, consider yourself ignored from now on. You can't debate and have the intellect of an amoeba.
:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
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How much down do you need? early 2009 was the low of the last crash,do you expect to see lows of 2009 and if so how long.
At this rate you'll be waiting 18mths + if at all they get that far down.Official MR B fan club,dont go............................0 -
How much down do you need? early 2009 was the low of the last crash,do you expect to see lows of 2009 and if so how long.
At this rate you'll be waiting 18mths + if at all they get that far down.
Not sure, hope it won't be 18 months. Negative sentiment is clearly appearing in the area I want to buy in. Lots more properties on the market and their asking prices are coming down.
It will go well below 2009 but there is no way I am waiting for the bottom. Just want to afford some where and will jump in when the price is right/affordable. In the mean time keep building that deposit.:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
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How much down do you need? early 2009 was the low of the last crash,do you expect to see lows of 2009 and if so how long.
At this rate you'll be waiting 18mths + if at all they get that far down.Official MR B fan club,dont go............................0 -
How much down do you need? early 2009 was the low of the last crash,do you expect to see lows of 2009 and if so how long.
At this rate you'll be waiting 18mths + if at all they get that far down.
The properties I am looking at I don't want to pay more than £185K. I have been offered £200K by the bank including deposit but the repayment costs aren't sensible especially with a public sector wage freeze, cuts in overtime and likely end to bonus.
Things are starting to speed up now and will drive a hard bargain or walk away. The true state of the countries economy is coming clear so that will make it easier as people realise. I'm not trying to rip sellers off, but have to be realistic about what I can afford with a good deposit, secure job and good wage.
I think personally we will have a rapid decline in prices as mortgage funding shortages gets a grip.
Its not about supply and demand in the end when it comes to property but access to funding that will dictate prices.:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
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because you're not buying an UK average house like on any of the house price indexes - you're buying a house in London... it's obviously more useful to ignore what you don't want to read...Why didn't you say London?
good luck :rotfl:The homes I am interested in the suburbs are falling in value0 -
I think personally we will have a rapid decline in prices as mortgage funding shortages gets a grip.
You also thought that prices would drop 50% by X-mas 2009, so why on earth would anyone take you seriously?“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 -
HAMISH_MCTAVISH wrote: »You also thought that prices would drop 50% by X-mas 2009, so why on earth would anyone take you seriously?
You forget the massive stimulus package that temporary delayed the crash then. Thats over now and prices have started falling again all across the country as all the major indices have shown.
Hamish wake up and smell the coffee prices are now falling in peak buying period. The housing buble was never sustainable.
The crash has resumed.
As for credibility look at this thread on your views.
http://www.housepricecrash.co.uk/forum/index.php?showtopic=119593:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
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