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Debate House Prices
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Halifax Hpi September 2010 -3.6%
Comments
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Plan
1) Get most competitive Lifetime Mortgage (Done)
2) Make healthy savings, spend wisely (Doing)
3) Ensure healthy pension fund - (Doing)
4) Ensure house is nice, suitable, safe, and located - (Done)
5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)0 -
Sibley you are nothing but a coward. Why hide behind the name bangkok dave?
I mean you are so thick you couldn't even come up with a moniker to throw us off the scent. You claim (as sibley) to be in bangkok and then come up with another moniker called bangkok dave.
Stay away from the lady boys. You might catch something but i fear its too late
You really are !!!!!!. I've said before I had to make a different account for my work pc. We have intranet and for some reason the security didn't like my other e mail. I think I might have picked something less obvious if I was after pulling the wool over your eyes Sherlock eh?
Now about these ladyboys you are so fond of. I have many as really good friends. In fact my wifes best friend is a ladyboy. Not big deal to me. I don't want to have sex with one but if I did I would. No big deal as I say. You however seem to have a fixation. Is there something you want to share with us?
Now a little wager for fun.
I post a picture of a ladyboy. I bet you that you have never slept with a women as good looking. If you have you put her picture up and it goes for vote.:rotfl:
As for catching something well so be it. I'd rather be in intensive care with my life history than yours.
What will you be looking back on?
You saved loads of money in a building society, waited 10 years for a house price crash and saved 10% of 2007 prices.
Go on youtube. Type in Anti Nowhere league So what. Listen to the words. That's you that is...:rotfl:We love Sarah O Grady0 -
These figures for September are for house sales agreed 3-5 months ago why on earth are you all surprised anyway? Ive been on these boards for months saying prices were dropping, it was only a matter of time before they actually sold and were reflected in the figures.
For those of you who haven't brought a house yet, don't delay too long, get your !!! out into the market, make yourself aware so when drops do come, you know what you could have got for your money at least.
Your all gonna miss the boat again if your not careful!
Don't say I didn't warn you.
You will end up with the crap that is left over, yes its cheaper, but it will be for a reason, crappy neighbours, crap building, next to a pub/alleyway, flood risk, Noise, Airport, no parking etc, etc.
The only boat is the one out of the UK which means no crappy neighbours, crap building, next to a pub/alleyway, flood risk, Noise, Airport, no parking etc, etc., oh and a much larger house at half the price.0 -
Demand isn't the number of people that want to buy something, it's the number of people able and willing to buy something at any given price. Similarly, supply is the number of people willing and able to sell at any given price.
This is quite a simplistic viewpoint and doesnt take into fact the conditions up until the point of sale.
As an example, lets take a property being sold at an auction house.
there may be 10 people wishing to buy 1 particular property, all with the funds and means to purchase.
In this instance, the demand is 10, the supply is 1.
during the course of the auction, the price increases until one by one the demand whittles down to obtain the scenario you depict of 1 demand equalling 1 supply.
However it's very likely that the 1 demand that actually bought the property would have paid a far lower price if the other 9 demands were not competing in the auction house.
Similarly you could have the inverse where there is 1 supply of a property but no bidders.
The auction house would then usually lower the price untiol it sparks interest and demand, usually with then a few people jumping in until a price is agreed.
So I don't agree with the statement that demand = supply as this is only the case of actual completed transactions and not representative of the situation until an agreemeent has been made:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
HP Sauce is one my favourates tooJonnyBravo wrote: »RR?
Oops. You meant RM didn't you chucky?
Easy slip to make though, what with those famously alliterative names we've had in the forums recent history.
AA - erm cant think of one
BB - erm stuck again
CC - nope I'm a blank on this too.
DD - I'm stuck again, can you help out on this RenovationMan?
:rotfl:0 -
IveSeenTheLight wrote: »This is quite a simplistic viewpoint and doesnt take into fact the conditions up until the point of sale.
As an example, lets take a property being sold at an auction house.
there may be 10 people wishing to buy 1 particular property, all with the funds and means to purchase.
In this instance, the demand is 10, the supply is 1.
during the course of the auction, the price increases until one by one the demand whittles down to obtain the scenario you depict of 1 demand equalling 1 supply.
However it's very likely that the 1 demand that actually bought the property would have paid a far lower price if the other 9 demands were not competing in the auction house.
Similarly you could have the inverse where there is 1 supply of a property but no bidders.
The auction house would then usually lower the price untiol it sparks interest and demand, usually with then a few people jumping in until a price is agreed.
So I don't agree with the statement that demand = supply as this is only the case of actual completed transactions and not representative of the situation until an agreemeent has been made
Very true, and point well made. Under-bidders will tend to push the price up however in most of the housing markets at most of the time there aren't huge numbers of buyers chasing each house, AIUI in most of England at least it hasn't been like that since about 2003-4. Not least of which is because generally there are several houses that are similar either on the market or likely to come on the market for most peoples' requirements.
I think what I said is true but your case holds true at points of market extremes such as in the early 90s when lots of forced sellers were chasing a small number of buyers and in the early 2000s when prices were racing away at a crazy rate.0 -
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