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Debate House Prices
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Acadametrics July HPI +0.1%
Comments
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what happened? what went wrong?Oh it all went wrong when the Academtrics survey came out. Up until then I was a happy go lucky guy, reasonably successful, but the news of a percentage movement just seemed to send me off the rails. You see Chucky, it's so important to me, what happens with house prices.
i guess Hamish must be right then... never mind... chin up...HAMISH_MCTAVISH wrote: »About £20,000 worth of HPI.....:D0 -
Oh that's so cruel. 20k, and could have been in my back pocket. I do own a house though, but never saw a penny of it. This HPI thing seems to have passed me by. I'm no richer, still have to work. You guys who have made a fortune are really smart and / or lucky.HAMISH_MCTAVISH wrote: »About £20,000 worth of HPI.....:D
I don't know if its0 -
HAMISH_MCTAVISH wrote: »So house prices are up 2% or so this year, despite all the negative press, election uncertainty, emergency budget, mortgage rationing, and the continued high unemployment and weak economy.
Remarkable.
Closer to 1%, I think.
Anyway, it is remarkable. I wonder where this will end. If house prices can increase during such turbulent economic times, then we`ll be back to high levels of HPI when the economy improves. I wonder if house prices will ever stop rising, simply because there isn`t enough money to support them ?30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0 -
Closer to 1%, I think.
Anyway, it is remarkable. I wonder where this will end. If house prices can increase during such turbulent economic times, then we`ll be back to high levels of HPI when the economy improves. I wonder if house prices will ever stop rising, simply because there isn`t enough money to support them ?
Prices will only stop rising if wages stop rising. I think you'd agree that infinite wage inflation of 0.0% isn't likely to happen.
Prices will stagnate for a bit until everyone's forgotten about them. Then at some point in the next ten years they'll be a flood of property pr0n on the TV, people will realise they are affordable, banks will feel the love and property prices will triple again.0 -
you're going to upset this guy... he's not too happy at the moment...Closer to 1%, I think.
but it's probably about 1.9999999%.It's a good job you are always here to correct these anomalies. If these bears keep posting doom stuff without your corrections who knows what might happen? I salute you sir, as a defender of this forum.
a 1% fall needs more than a 1% increase to return to the same level - but not really important...
it certainly is remarkable - 2008 was merely a correction that over corrected due to the lack of credit...Anyway, it is remarkable. I wonder where this will end. If house prices can increase during such turbulent economic times, then we`ll be back to high levels of HPI when the economy improves. I wonder if house prices will ever stop rising, simply because there isn`t enough money to support them ?
the real cyclical HPC is yet to happen...0 -
but it's probably about 1.9999999%.
Probably, but not. Both you and Hamish have "rounded up" somewhat. Again, I`m being slightly pedantic, but us bears are having a bad time at the moment, so we need something to cling to.
Hamish quoted these figures.
Originally Posted by chucky
what i've done for consistency is given you January's too - that was +1.5%
Acadametrics
Jan +1.5%
Feb +1.6%
Mar - 0.5%
Apr - 0.7%
May - 0.2%
Jun - 0.5%
Jul - 0.1%
BTW, the only thing that`s making me unhappy at the moment is you not having given me the chance to reply to the points that you accused me of avoiding.
30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0 -
i'm sure you don't - there's plenty of bad news out there...Probably, but not. Both you and Hamish have "rounded up" somewhat. Again, I`m being slightly pedantic, but us bears are having a bad time at the moment, so we need something to cling to.
it looks like it's you "rounding up" not me...
it is basic maths though
100 minus 1% = 99.00
99 plus 1% = 99.99
so it would need a 1.01% increase to get back to the original level of 100...0 -
i'm sure you don't - there's plenty of bad news out there...
it looks like it's you "rounding up" not me...
it is basic maths though
100 minus 1% = 99.00
99 plus 1% = 99.99
so it would need a 1.01% increase to get back to the original level of 100...
OK, please show me the calulation that results in 1.9999% or 2%.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 house prices are up 2% or so this year, despite all the negative press, election uncertainty, emergency budget, mortgage rationing, and the continued high unemployment and weak economy.
Remarkable.
Indeed, I think it would be great for the majority of the country if we maintained this real time stagnation.:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0
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