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!

House prices fall 0.6% in June Halifax

1568101124

Comments

  • Niche
    Niche Posts: 242 Forumite
    Part of the Furniture
    I imagine it's pure business with chucky,

    Estate Agent, mortgage broker or perhaps over-leveraged BTL landlord?

    my guess would be the first; which is why he has so much time to post on these boards:D
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    phlash wrote: »
    You should be on a Mastercard advert.
    phlash wrote: »
    I adore it when people cannot intelligently contribute to free debate, and become entrenched in school playground type antics and comments.

    don't lower yourself either phlash
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • angrypirate
    angrypirate Posts: 1,151 Forumite
    Really2 wrote: »
    Why not include the bottom and the top they are when stagnation occurs.

    Otherwise you are saying show me a horizontal diagonal line??

    Nominally pretty much from 1992 q4 - 1995 q4 would that be long enough for you?
    http://www.mortgageguideuk.co.uk/housing/uk-house-price-index.html

    I didnt meant point of inflection (i do apologies - further maths was a long time ago) - i meant simply when you go from inflation to deflation or vica-verca - ie in a peak or trough. Im calling this the peak. 92 - 95 was clearly the trough.
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Niche wrote: »
    Estate Agent, mortgage broker or perhaps over-leveraged BTL landlord?

    my guess would be the first; which is why he has so much time to post on these boards:D

    Interesting why a landlord has to be over leveraged, why would that be?
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Niche wrote: »
    Estate Agent, mortgage broker or perhaps over-leveraged BTL landlord?

    my guess would be the first; which is why he has so much time to post on these boards:D
    on a forum with about 60 users and about 20 of those are a couple of users that use multiple Id's - they'd be no real benefit or even impact... but anyway...

    if it makes you feel better or feeds the fantasy - i can be whatever you want me to be...
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    I didnt meant point of inflection (i do apologies - further maths was a long time ago) - i meant simply when you go from inflation to deflation or vica-verca - ie in a peak or trough. They never sit at the same level unless you are at the peak or trough. Im calling this the peak. 92 - 95 was clearly the trough.

    Yes so you are asking for a point of stagnation in either a boom or a bust?

    Like I said a horizontal diagonal line.

    You only get stagnation at the top or bottom so why ignore those points.

    Your argument is there is no horizontal land if you only look at the up and down slopes of mountains.
    But you are ignoring periods as long as the crashes so I fail to see why you would do that TBH.
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    HOUSE PRICES NEVER STAGNATE. They go up, they go down, they have peaks and they have troughs. The last trough was April 09 (as detailed by the Halifax in their report). Im calling this period of apparant stagnation as a peak and house prices are going down again

    I guess your right in a way.

    look at this graph.
    Over the last three years there have been many monthly peaks and troughs.
    some months up and some months down.

    What would your ascertation be over the 3 year period be?
    50566420.png
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I never really take much notice of these reports but the BBC headline left me in shock. Not like the BBC is it :beer:


    UK house prices wilting in summer
  • Blacklight
    Blacklight Posts: 1,565 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    doire wrote: »
    I never really take much notice of these reports but the BBC headline left me in shock. Not like the BBC is it :beer:


    UK house prices wilting in summer

    Oh well done. I have been looking for this story on the BBC website but I couldn't see any mention of it on the front page.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Blacklight wrote: »
    Oh well done. I have been looking for this story on the BBC website but I couldn't see any mention of it on the front page.

    Try looking at the "Your Money" section..... ;)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245K Work, Benefits & Business
  • 600.6K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.