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Debate House Prices
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Scottish house prices down 2.9% last quarter, slightly up on last year (Lloyds TSB)
Comments
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it's "has been practicing your English".
you can't start a sentence with Been!!
Strange how you pull daddybear up on the use of starting a sentence with "been".
Yet thank Joeskeppi's post which, funnily enough, started a sentence with "been" and leave Joe alone.chucky wrote:"Yer but no but yer but no but".0 -
Graham_Devon wrote: »Strange how you pull daddybear up on the use of starting a sentence with "been".
Yet thank Joeskeppi's post which, funnily enough, started a sentence with "been" and leave Joe alone.
Maybe he has a thing for Joeskeppi?0 -
IveSeenTheLight wrote: »Strange, I keep a record of prices from the ROSEA.
http://www.ros.gov.uk/professional/eservices/land_property_data/lpd_stats.html
Here's the latest graphical representation.
It still looks like stagnation to me albeit we are on a current upwards slop
Seems strange that since I put the above post in, there is no discussion on topic.
I presume the wider braod based info, available from the ROSEA, quoshes this so called reduction in the last quarter:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
IveSeenTheLight wrote: »Seems strange that since I put the above post in, there is no discussion on topic.
I presume the wider braod based info, available from the ROSEA, quoshes this so called reduction in the last quarter
From the graph, nominal prices look to have been pretty much flat for years. It'd be interesting to see them adjusted for inflation. If this is your graph and you want to do it, pick a base month, multiply the house price for each month by the RPI index figure for your base month and divide by the RPI index figure for the actual month.
You can get the RPI index numbers from the Blue Book, published by the NSO online.0 -
From the graph, nominal prices look to have been pretty much flat for years. It'd be interesting to see them adjusted for inflation. If this is your graph and you want to do it, pick a base month, multiply the house price for each month by the RPI index figure for your base month and divide by the RPI index figure for the actual month.
You can get the RPI index numbers from the Blue Book, published by the NSO online.
Presumably they've decreased when adjusted for inflation.
Not that it's relevant to most people, unless you get paid in bananas.
As it is though, prices have been higher every month this year so far than they were in the same month in the peak year of 2007. So house prices have risen, AND so has everything else. Not sure how that helps prospective buyers though.... Or hurts owners who have inflation proofed their housing expenses, and taken advantage of recoed low rates.“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 think that he's showing that Aberdeen is above peak prices contrary to people saying that Aberdeen house prices are fallingFrom the graph, nominal prices look to have been pretty much flat for years. It'd be interesting to see them adjusted for inflation. If this is your graph and you want to do it, pick a base month, multiply the house price for each month by the RPI index figure for your base month and divide by the RPI index figure for the actual month.
You can get the RPI index numbers from the Blue Book, published by the NSO online.0 -
HAMISH_MCTAVISH wrote: »Presumably they've decreased when adjusted for inflation.
Not that it's relevant to most people, unless you get paid in bananas.
As it is though, prices have been higher every month this year so far than they were in the same month in the peak year of 2007. So house prices have risen, AND so has everything else. Not sure how that helps prospective buyers though.... Or hurts owners who have inflation proofed their housing expenses, and taken advantage of record low rates.
Bumping in case Gen missed it.....“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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