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Debate House Prices


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BBC: Scottish Property Prices Reach All Time High

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Comments

  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    geneer wrote: »
    ESPC Q2 2006 Edinburgh Average Price = £200795.
    ESPC Nov 2010. Edinburgh Average Price = £215173.
    ESPC Nov 2010: "During the first half of the year we saw the average house price in Edinburgh rising but the increases in the average were largely due to a comparatively high number of larger properties selling...early next year we’ll see prices in Edinburgh come back down to levels seen at the start of 2010, when the average house price stood at between £195,000 and £200,000"




    Given that I'm fairly certain £195000 - £200795 isn't a "£60K loss", I think you probably mean...

    bulladventures4.jpg

    :rotfl::rotfl::rotfl:

    Q2 2006. :rotfl::rotfl::rotfl:
  • Pimperne1 wrote: »
    Q2 2006. :rotfl::rotfl::rotfl:

    Exabtly, he's stretching to q2 saying there is a lag menaing the figures are not reflected until then, but he doesn't realise the lag is when they publish the figures to cater for the facts for that month.

    To clarify, He considered buying in Dec 05 and the monthly statement for Dec 05, would not have been released for 2-3 months to allow them to collate the data.

    This is why if you look at LR today, the latest release is for November.
    The lower transactions allows them to reduce the lag from 3 months to 1 month

    If you look at the ROSEA, their latest release is still October as they are still collating Novembers stats.

    If transactions were higher (back at 2007 levels) then it would take them more time to collate and the lag would be greater.

    To try and twist it for 6 months to suit your own needs is indeed desperate.

    Much better to face up to reality and get on with life
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • geneer wrote: »

    Given that I'm fairly certain £195000 - £200795 isn't a "£60K loss


    The time you were looking to buy
    Edinburgh Dec 05 (Q4) = £175,197
    http://www.ros.gov.uk/pdfs/la_dec05.pdf

    Latest release info
    Edinburgh Oct 10 (start Q4) = £222,549
    http://www.ros.gov.uk/pdfs/local_aut...s_oct_2010.pdf

    So that would make £47,352 + 5 years rent
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • geneer
    geneer Posts: 4,220 Forumite
    Pimperne1 wrote: »
    Q2 2006. :mad: :mad: :mad:

    Q2 2006. Thats correct. ;)

    columboadventures60.jpg
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    The time you were looking to buy
    Edinburgh Dec 05 (Q4) = £175,197
    http://www.ros.gov.uk/pdfs/la_dec05.pdf

    Latest release info
    Edinburgh Oct 10 (start Q4) = £222,549
    http://www.ros.gov.uk/pdfs/local_aut...s_oct_2010.pdf

    So that would make £47,352 + 5 years rent

    BOOM. Headshot. ;)
  • geneer
    geneer Posts: 4,220 Forumite
    The time you were looking to buy
    Edinburgh Dec 05 (Q4) = £175,197
    http://www.ros.gov.uk/pdfs/la_dec05.pdf

    Latest release info
    Edinburgh Oct 10 (start Q4) = £222,549
    http://www.ros.gov.uk/pdfs/local_aut...s_oct_2010.pdf

    So that would make £47,352 + 5 years rent

    Deja vu.

    But lighty babes. We've been through this. The ROS figures for Edinburgh December 2005 are irrelevant for 2 reasons.

    1) The time it would reasonably take for some on to find and make an offer on a house.
    2) The time lag between completion and receipt of data by land registry.

    Now you can moan and wail about it to your hearts content.
    And you can construct bizarre fantasies of how it could all have been done in a week or some such.

    That that just makes it funnier!

    Cos like I've been saying for a few pages now, the best thing about this (apart from your evident ability to instantly becoming a comedy stereotype) is the clear and present fact that you appear to care so very, very much! ;)

    Thats why you're just another one of Geneer's Gals!:rotfl::rotfl::rotfl:
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    geneer wrote: »
    Deja vu.

    But lighty babes. We've been through this. The ROS figures for Edinburgh December 2005 are irrelevant for 2 reasons.

    1) The time it would reasonably take for some on to find and make an offer on a house.
    2) The time lag between completion and receipt of data by land registry.

    Now you can moan and wail about it to your hearts content.
    And you can construct bizarre fantasies of how it could all have been done in a week or some such.

    That that just makes it funnier!

    Cos like I've been saying for a few pages now, the best thing about this (apart from your evident ability to instantly becoming a comedy stereotype) is the clear and present fact that you appear to care so very, very much! ;)

    Thats why you're just another one of Geneer's Gals!:rotfl::rotfl::rotfl:

    Q2 2006. :rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:
    :rotfl::rotfl::rotfl::rotfl::rotfl:
    :rotfl::rotfl::rotfl::rotfl:
    :rotfl::rotfl::rotfl:
    :rotfl::rotfl:
    :rotfl:
  • geneer
    geneer Posts: 4,220 Forumite
    Pimperne1 wrote: »
    BOOM. Headshot. ;)

    :rotfl::rotfl::rotfl:Here you can see the lesser spotted pimperne1 desperately attempting to avoid that dreaded headshot by burying his head in the sand.

    Epic FAIL! :D
  • geneer
    geneer Posts: 4,220 Forumite
    Pimperne1 wrote: »
    Q2 2006. :rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:
    :rotfl::rotfl::rotfl::rotfl::rotfl:
    :rotfl::rotfl::rotfl::rotfl:
    :rotfl::rotfl::rotfl:
    :rotfl::rotfl:
    :rotfl:

    Oh an excellent case against.

    creditcrunchadventures7.jpg
    You set them up P1m1e1ne1.
    I'll keep knocking them out of the part. ;)
  • geneer
    geneer Posts: 4,220 Forumite
    Exabtly, he's stretching to q2 saying there is a lag menaing the figures are not reflected until then, but he doesn't realise the lag is when they publish the figures to cater for the facts for that month.

    To clarify, He considered buying in Dec 05 and the monthly statement for Dec 05, would not have been released for 2-3 months to allow them to collate the data.

    This is why if you look at LR today, the latest release is for November.
    The lower transactions allows them to reduce the lag from 3 months to 1 month

    If you look at the ROSEA, their latest release is still October as they are still collating Novembers stats.

    If transactions were higher (back at 2007 levels) then it would take them more time to collate and the lag would be greater.

    To try and twist it for 6 months to suit your own needs is indeed desperate.

    Much better to face up to reality and get on with life

    :rotfl::rotfl::rotfl::rotfl:Oh no she didn't!

    I'veseenthe-lite has just utterly fabricated some kind of lala justification based on the premise that the Registers of Scotland changes the date of when they release their statistics based on how busy they are that month!

    5 star Comedy gold!

    Oh pimp, and you gave this your stamp of approval. :D
    bulladventures4.jpg
    Thanks for the late xmas pressie girls!
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