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Debate House Prices
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Acadametrics: House prices just 5.9% below Peak
Comments
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How exactly are you spinning this as good news, Hamish?
Seriously?
You would call a 5.9% total decline from peak over the 3 years of the worst economic carnage we've seen since the great depression a victory for the housing bears?
Can I have some of what you're smoking?“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 -
I didn't call it anything. I asked you how you could spin a fourth monthly decline as good news.HAMISH_MCTAVISH wrote: »
You would call a 5.9% total decline from peak over the 3 years of the worst economic carnage we've seen since the great depression a victory for the housing bears?
Now don't be naughty, Hamish. You read the headline, not the full article, and assumed that the Acadametrix index was showing house prices recovering. Admit it, hon. You don't need to be embarrassed, we won't laugh at you.poppy100 -
HAMISH_MCTAVISH wrote: »Says the bear who saw house prices rising so quickly he went out and bought one....:D
Yep. I bought a house when prices were rising, and they continued to rise for a few months afterwards. However, I was fully expecting some falls this year and luckily, unlike yourself, my entire financial future isn't dependent on HPI. In fact my ideal is sagnation.
I'm certainly not going to make myself look stupid by arguing that black is White.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 -
Chaos_A.D. wrote: »is this based on a normal market with plenty of easy mortgages and 90k+ approvals a month
What is a normal market?
Do you wish a return to the ease of credit lending?
What's to say the new norm is not lower transaction levels?:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
HAMISH_MCTAVISH wrote: »Can I have some of what you're smoking?
Only when you reach age 18.0 -
I had already put Hamish's signature on ignore. Has it gone then?Chaos_A.D. wrote: »That's the problem, when you gloat over some figures and put them in large font in your signature, you are obviously admitting you are losing the the argument when you remove them.0 -
Hamish thanks for posting the 4th fall in the row by the way. Nearly missed it with the 3rd fall in the row from Halifax.
Its good to see that the bulls are now highlighting the falls bears missed and showing a stronger crash.
Well done that man. :beer::exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
Save our Savers
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Chaos_A.D. wrote: »That's the problem, when you gloat over some figures and put them in large font in your signature, you are obviously admitting you are losing the the argument when you remove them.
I know if Hamish was to re-instate his signature it would still be positive
That said, if you wish to use your signature as some sort of fact, you need to keep it up even if it is not as positive as before.:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
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