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Debate House Prices
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RICS: Prices Rising or Stable in 75% of country
Comments
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I love one of the HPC gang to look at my house when I sell it. I'd totally humiliate them.
Even better, I'd like to throw a house party, invite them then harp on about how much my house has gone up since I bought it.
I reckon I could have them jumping off Beachy Head in minutes.
Something lacking in your life Sibley ?
I think I`d like to come to your party, if you don`t mind. Afterall, if your house has gone up in value, then the chances are mine has also.
If you be so kind, I`d also like to come to your house warming party in your new place. It would be interesting to see how much you paid for it. I could then humiliate you when I inform you of how much the vendor had made out of it.
:iloveyou:30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0 -
HAMISH_MCTAVISH wrote: »Are you somehow doubting that prices today are above what they were in late 2006 and most of 2007?
Ohhhhh, I see, you're just mindlessly parroting that tired old bear meme about the average being skewed by only higher priced property selling and low volumes.
Plenty of specific examples of individual properties selling for more.....
162, Forest Avenue, Aberdeen, AB15 4UN
-Dec-2009 £280,000
Dec-2006 £255,500
etc etc
I could do this all night long, but I think the point is clear.....
There are plenty of houses in Aberdeen selling for more in 2010 than they did in 2007. The numbers are not skewed by mix changes, or if they are it's a miniscule amount.
Yes I WAS doubting that "prices today are above what they were in late 2006 and most of 2007" - that's why I asked you the question.
Just quoting me the prices would have done, thanks very much - without the insults and sarcasm.
That's fine, now I do know that you have some real prices to cite, rather than merely quoting averages. I'm not 'mindlessly parroting' anything, just want to know whether or not your figures are rooted in fact, and (this time round) you've answered that, thanks.0 -
That's fine, now I do know that you have some real prices to cite, rather than merely quoting averages. I'm not 'mindlessly parroting' anything, just want to know whether or not your figures are rooted in fact, and (this time round) you've answered that, thanks.
So now that it has been established that the RoS average stats are in fact fairly accurate, and are not being skewed by mix changes, will you cease making that assertion in the numerous threads you bring it up in?“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 -
No get it right.
Houses that were on the market might have dropped. Most people either took their house off the market or didn't put it on in the first place.
90% + of homeowners will sit it out when prices are not high enough to sell. Now with low interest rates it's easily done. There won't be loads of bargains trust me. Anything decent, you'll have to pay for it. Simple.
I'll ask the question. If there was this big crash 2 years ago then why didn't the bears buy the house of their dreams then? Why are they still haunting HPC message boards?
You haven't got a bargain property until you're living in it. You can try talking the market down but until you are sitting in a cut price lovely home your comments are worthless.
I've got a house I'd sell. It was valued at £190K in 2007.
Next door but one sold for £199K this year.
If the markets dodgy now I'll wait before selling it. Simple.
I'm not dropping 1 pence and neither will any other homeowner.
Sorry to burst your crash bubble.
Wow. That's £9k in 3 years.
Take off £2k stamp duty, £1k in other purchasing fees, then about £4k in estate agents fees on selling...... That's a grand total of.... Wow, £2k, and that's not including other costs like 3-years buildings insurance.
This time next year Rodney......0 -
I don't understand this? We can look at it on Rightmove I suppose, but in what way would it be of interest to anybody apart from yourself?
I think Sibley intends to prove some sort of point.
I have previously posted my planned response to this.30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0 -
HAMISH_MCTAVISH wrote: »So now that it has been established that the RoS average stats are in fact fairly accurate, and are not being skewed by mix changes, will you cease making that assertion in the numerous threads you bring it up in?
Bumping for googler as he ignored it the first time around.....;)“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
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