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Debate House Prices
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Own a house - you're working for nothing.
Comments
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des_cartes wrote: »No you are special, so special that the taxman has special ways coming up adding to the losses you will make on housing.
You really are a vindictive little sod aren't you?0 -
HAMISH_MCTAVISH wrote: »Round my way, the average house price is now £20,000 higher than it was a year ago, £40,000 higher than it was at the start of 2007, and it reached a new all time peak this year.
You have a strange definition of "losing value".
Owww you used a 'round my way'. Always the best way of making people totally ignore what you are saying.0 -
Asking prices have increased in my area (and keep increasing, ludicrously). Sale prices haven't. There are two houses very near me that are virtually the same as the one we bought in August for £230k. Asking prices are £295k and £290k. I feel like lurking outside and telling viewers what we paid. Don't think I need to though. One of the two has been on the market almost two years.
Sale prices have been stagnant in my area for about two years.0 -
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des_cartes wrote: »You have my deepest sympathy.
Nothing wrong with London.0 -
des_cartes wrote: »Enjoy your day at the sweatshop.
Thanks for proving my point.0 -
Owww you used a 'round my way'. Always the best way of making people totally ignore what you are saying.
The difference being, I provide the precise stats to back it up and let everyone know where I live....;)
http://www.ros.gov.uk/professional/eservices/land_property_data/lpd_stats.html
Rather than just making !!!!!! up.“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 -
Obviously depends on the area, my area (East Sussex county council) is at +7.4 YoY.
+7.4% YoY for WHAT?
An overall average of all house prices? Without knowing the source of the figures, and/or the distribution of house prices in your area across the price bands, an average is meaningless.0 -
HAMISH_MCTAVISH wrote: »The difference being, I provide the precise stats to back it up and let everyone know where I live....;)
http://www.ros.gov.uk/professional/eservices/land_property_data/lpd_stats.html
Rather than just making !!!!!! up.
...and unforunately, even these are average figures too, with no indication of their distribution.0 -
des_cartes wrote: »http://www.telegraph.co.uk/finance/personalfinance/8092471/House-prices-drop-in-value-by-more-than-average-salary.html
It's the bricks and mortar cash machine in reverse. If you own a house in 2010, it is losing value faster than you can earn money.
Average house price £166,384 0.7% drop £2,376 you work it out.0
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