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Debate House Prices
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Halifax HPI October 2010 +0.6%
Comments
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Why would they?0
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why wouldn't they?
If they made them up, it would have been obvious long ago. They would have looked stupid.
They would also need to co-ordinate all of the indexes (or is it indicie? or whatever!) as one lone index would quickly look silly.
I also don't see what they have to gain?
Let me guess, they faked the moon landings too?
Edit:
Also, do you not think someone would have told by now? Even a private letter between the defence secretary and Chancellor can't be kept private.0 -
Since Jan 2008 the RPI index has increases 7%.
In Jan 2008 the average house price according to land registry was 186045, if it had matched inflation it would now be 199k.
it's not, it's 167k.
So house prices now are worth 16% less than 3 years ago.:T0 -
some one needs to explain notional and real prices to Robertbingobob777 wrote: »Since Jan 2008 the RPI index has increases 7%.
In Jan 2008 the average house price according to land registry was 186045, if it had matched inflation it would now be 199k.
it's not, it's 167k.
So house prices now are worth 16% less than 3 years ago.:T
not sure how real house price drops help anyone.
if anyone they actually least hurt home owners...0 -
some one needs to explain notional and real prices to Robert
not sure how real house price drops help anyone.
if anyone they actually least hurt home owners...
OK, notionally 16%, really 10%.
They've still fallen. With no end in sight to 3%+ inflation and gently falling or stagnant house prices then they'll notionally have fallen even more in a few years.0 -
how do you fit in notional rises in your theorybingobob777 wrote: »OK, notionally 16%, really 10%.
They've still fallen. With no end in sight to 3%+ inflation and gently falling or stagnant house prices then they'll notionally have fallen even more in a few years.0 -
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that's a different answer to a different question...bingobob777 wrote: »Theory? I don't think I have a theory, I've merely stated facts on what has happened and applied common sense to what will happen.
There is absolutely no evidence as far as I can see to support rises at or above inflation.
the question was...how do you fit in notional rises in your theory?0 -
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not really - you're doing well at avoiding answering the question though...bingobob777 wrote: »you're dying to be a smart !!!! aren't you?0
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