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!
RoS: Scottish House Prices Rise 5.5% in last 28 days
Comments
-
It must be.
Thats another week released today and Aberdeen has reached a new peak price of £190,000.“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 -
HAMISH_MCTAVISH wrote: »It must be.
Thats another week released today and Aberdeen has reached a new peak price of £190,000.
I'm mentally clinking glasses with you, H.
BTW i'm not sure you ever quite got round to explaining why you think Scottish house prices are, ahem, skyrocketing... I mean, UK population growth is fairly low but isn't Scotland's positively puny by comparison? Might there be anything else involved?FACT.0 -
HAMISH_MCTAVISH wrote: »It must be.
Thats another week released today and Aberdeen has reached a new peak price of £190,000.
It's £220,000 here. I'm considerably richer than yow.
Mindyou, might have sold the expensive corner plot down the road, which will have put average prices up over the last 3 days, so could well be £290k average over the coming couple of days.
Won't that be ruddy exciting! Prices up 70k in just 2 or 3 days. Spanktastic.0 -
the_flying_pig wrote: »I'm mentally clinking glasses with you, H.
I'm sure you are piglet.:pBTW i'm not sure you ever quite got round to explaining why you think Scottish house prices are, ahem, skyrocketing...
It's not that I think so, it's that the evidence clearly shows they are.I mean, UK population growth is fairly low but isn't Scotland's positively puny by comparison? Might there be anything else involved?
UK population growth is far from low. Around 400,000 a year.
Scotlands population growth is low, but interestingly (and as you pointed out earlier), Scotlands house price "boom" took hold several years after you claim credit conditions triggered it elsewhere in the UK.
Funnily enough however, it almost exactly coincided with Scotland's population returning to growth for the first time in several decades.
I would therefore float the hypothesis that in the face of limited house building, decreasing average household size (and corresponding increase in number of households) was enough to fuel limited HPI even whilst total population marginally decreased from the 70's til the early 2000's. However after this point an increasing population without a corresponding increase in building tipped the balance towards strong growth.
Unless you can prove otherwise old boy.....“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 -
HAMISH_MCTAVISH wrote: »...
UK population growth is far from low. Around 400,000 a year.
Scotlands population growth is low, but interestingly (and as you pointed out earlier), Scotlands house price "boom" took hold several years after you claim credit conditions triggered it elsewhere in the UK.
Funnily enough however, it almost exactly coincided with Scotland's population returning to growth for the first time in several decades.
I would therefore float the hypothesis that in the face of limited house building, decreasing average household size (and corresponding increase in number of households) was enough to fuel limited HPI even whilst total population marginally decreased from the 70's til the early 2000's. However after this point an increasing population without a corresponding increase in building tipped the balance towards strong growth.
Unless you can prove otherwise old boy.....
Come now, UK population growth is very low by global standards and kind of 'moderately low' by European ones. An expert like you must know this.
Just generally, as I'm sure you've guessed, I find it a bit daft that you simultaneously cheer-lead: (1) your unique 'population growth is all that matters' [although for your own reasons you prefer to call population growth 'demand', sweeping aside all the many othe determinants of demadn in one go] grand house price theory; and (2) the runaway-slash-indestructible nature of house prices in a 'country' whose population is currently almost exactly what it was in WW2.FACT.0 -
the_flying_pig wrote: »house prices in a 'country' whose population is currently almost exactly what it was in WW2.
Ah yes, WW2 and before, those heady days of living 11 people to a 2/3 bed tenement flat.
Wait, you didn't really expect us to continue living like this forever..... Did you?“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 -
Graham_Devon wrote: »It's £220,000 here. I'm considerably richer than yow.
.
Are you, I though you had a partial ownership property whilst Hamish had a couple of properties?
Remember these are averages as well.
One may live in an above average property whilst the other lives in a below average property
:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
Poor piglet seems to be unable to answer......“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 -
0
-
It's a 28 day flash, and subject to being noisy, as I said in the first post.
The more weeks it stays this high, the more accurate it'll be. That's two weeks now. The next two weeks will show us what the month will be.
As of today, it's above the old peak.“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
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards