Halifax Hpi September 2010 -3.6%

StevieJ

poppycod wrote: »

ON the contrary - many will try to sell quickly before prices really dip.

Some people want to / have to move.

So why didn't they in 2008/2009 when house prices fell 20%?

bendix

RenovationMan wrote: »

I dont understand, didnt you buy recently? Are you feeling the pain?

If my house lost 3.6% in value, it means I'm now £16,200 worse off. Who do I have to pay this to?

Is the fact that you have erased your signature in which you record the progress of your ownership of your house related in anyway to the above post?

doire_2

RenovationMan wrote: »

I'm dreading going home, I'm worried that 3.6% of my property will be missing. I just hope it's not a supporting wall! :eek:

Whereas all the FTB were worried having to pay something like an extra £150 last month for a house when bulls were celebrating the Nationwide figures.

if you aren't selling your house then why post anything about house prices? Its not like a fall or rise is going to affect you short term is it?

Exocet

Blacklight wrote: »

As I think most reasonable people here have maintained in the past, if prices drop people just take their property off the market.

Slight problem with this. How could prices drop if people just took their house off the market? Surely prices would never drop if that was the case, they would always remain the same or be higher.

I expect I am missing something clever, please explain.

lostinrates

RenovationMan wrote: »

I'm dreading going home, I'm worried that 3.6% of my property will be missing. I just hope it's not a supporting wall! :eek:

what kind of challenges are renovations when its not!:D

Aberdeenangarse

Really2 wrote: »

The house market is not as it was and many are not willing to sell unless they get a price they see fit, which could be years away.

Not if their, Dead, Divorced or relocated

Graham_Devon

HAMISH_MCTAVISH wrote: »

And I'm around £50,000 ahead on my latest purchase versus not buying and renting for the same time frame. And that amount is increasing every month.

LOL I do love it when you come up with this as a last resort.

I'm about £180,000 ahead by driving a golf instead of an Aston DB9

I'm £5 up today as I parked on the street instead of the carpark.

I'm 25p up on a bag of crisps, as I found some old ones that had gone manky which were selling at cheaper cost instead.

Bangkok-Dave

Fair play to the bears. That's a big drop.

I don't think you will see every house for sale now remarketed for 3.6% lower. Same as before. People will either take their house off the market or sit it out for the price they want.

We had all this in 2008. People don't need to sell their house cheap. They can sit it out. Whatever happens give it a year or so and prices will be over 3.6% higher than now. If like me you have a tenant or you are not selling what is the problem?

You don't get any money in your bank when data rises 1% so you don't lose when they go down. It's only important when you have a for sale sign outside.

I gave u being interested in house price arguements about 2 weeks ago in case you didn't notice. Even changed my signiture.:)

doire_2

FTBFun wrote: »

Oh for gods sake - do we really need another thread on this? I think this is the 4th now.

Anyway - which part of London do you live in where prices are always dropping?

Then why read them?

Really2

neverdespairgirl wrote: »

I don't think so - even in nominal terms they are down about a grand.

They do not publish nominal AFIK they publish a Standardised Average Seasonaly Adjusted price based on their own methodology.

To me that means they take in to account inflation, so nominal this year could currently be higher than Sept last year,