BBC: Scottish Property Prices Reach All Time High

System

HAMISH_MCTAVISH wrote: »

Edinburgh average house price Dec 2005 £175,197

Edinburgh average house price Oct 2010 £222,549

Oh dear......

Yes, which is pretty much where I'm going. Claiming some kind of victory because some poxy flash data has changed, when you've been spewing the same crap for 5 years seems beyond idiotic.

HAMISH_MCTAVISH

Joeskeppi wrote: »

Claiming some kind of victory because some poxy flash data has changed, when you've been spewing the same crap for 5 years seems beyond idiotic.

Ah, I see you've met geneer then....:D

Edinburgh house prices are now legendary on a couple of other house price forums thanks to geneers 5 year folly.

IveSeenTheLight

geneer wrote: »

And I trust you will enjoy the internet for whatever other use you put it too (with yourself) when your not "quarallling". :T:T:T

I don't quarrel, I debate, of course some people in here don't understand the terminology to debate.

geneer

IveSeenTheLight wrote: »

I don't quarrel, I debate, of course some people in here don't understand the terminology to debate.

Ah there you are Light.
Back so soon? :rotfl::rotfl::rotfl::rotfl:

geneer

Joeskeppi wrote: »

Yes, which is pretty much where I'm going. Claiming some kind of victory because some poxy flash data has changed, when you've been spewing the same crap for 5 years seems beyond idiotic.

Any more idiotic that claiming you were right about there never being a house price crash in the UK cos you happen to live in one locallity where the averages appear to have held up.

I say appear of course. Skew and low volumes makes any crowing about new peaks ill advised.

geneer

HAMISH_MCTAVISH wrote: »

Edinburgh average house price Dec 2005 £175,197

Edinburgh average house price Oct 2010 £222,549

Oh dear......

(some Cut and pasted from Elsewhere. You appear to be getting a bit SPAM happy with this one, you cheeky little alice bot).

Hamish, mate, it's not october 2010 is it?
And surely, if I had made the decision to buy in 2005, it wouldn't have shown up in the ROS stats until at least June 06.
Oh I rather think so.:T

I mean, if you're going to play that game, you would really want it to have some kind of veracity in the real world.

And hey, maybe I did make the wrong decision in 2006. Maybe maybe not.

Was it the wrong decision in 2007? Wouldn't have thought so.
Hmmmm. That would really make it 1 year folly, wouldn't it?


All a moot point of course. Because I don't think I've ever made any claim to a significant victory.

I just think that its entierly reasonable to suggest that having seen it coming, I've done significantly better than someone who utterly failed to see it coming at all.

Which kind of brings us to the crux of the matter.

So let me just say that it’s hugely clear why some might attempt to boil the debate/discussion/argument down to some meaningless sematic argument relying on meaningless calculations made for near meaningless average prices between meaningless dates.

In other words, it’s a transparent attempt to create a kind of house price Dance Off.

Which in and of itself is really pretty funny. And does nothing to negate the salient and observable truths in the UK housing market.

Just so we're all clear like.

Pimperne1

geneer wrote: »

(some Cut and pasted from Elsewhere. You appear to be getting a bit SPAM happy with this one, you cheeky little alice bot).

Hamish, mate, it's not october 2010 is it?
And surely, if I had made the decision to buy in 2005, it wouldn't have shown up in the ROS stats until at least June 06.
Oh I rather think so.:T

I mean, if you're going to play that game, you would really want it to have some kind of veracity in the real world.

And hey, maybe I did make the wrong decision in 2006. Maybe maybe not.

Was it the wrong decision in 2007? Wouldn't have thought so.
Hmmmm. That would really make it 1 year folly, wouldn't it?


All a moot point of course. Because I don't think I've ever made any claim to a significant victory.

I just think that its entierly reasonable to suggest that having seen it coming, I've done significantly better than someone who utterly failed to see it coming at all.

Which kind of brings us to the crux of the matter.

So let me just say that it’s hugely clear why some might attempt to boil the debate/discussion/argument down to some meaningless sematic argument relying on meaningless calculations made for near meaningless average prices between meaningless dates.

In other words, it’s a transparent attempt to create a kind of house price Dance Off.

Which in and of itself is really pretty funny. And does nothing to negate the salient and observable truths in the UK housing market.

Just so we're all clear like.

So let me get this right, you could have bought in 2005 but didn't and you would like us to believe that the 2005 decision was a good one even though Edinburgh prices appear to have gone up considerably since then?

geneer

Pimperne1 wrote: »

So let me get this right, you could have bought in 2005 but didn't and you would like us to believe that the 2005 decision was a good one even though Edinburgh prices appear to have gone up considerably since then?

Hello pimperne1.

Let me help you get this right.

As you will know, had I decided to buy in December 2005,
June 06/Q2 06 statistics are logically a much more applicable bench mark. As we know, it was less than a year after that the global financial system went kablooe.

You must rememeber the global economic collapse pimp.
You jouned GHPC just afterwards to tell us, at length, how house prices couldn't fall. :rotfl::rotfl::rotfl:

So all in all, it doesn't appear to have cost me much.
Of course thats only if you buy into such simplistic banal comparisons. Obviously saving a deposit, wage increases and other such changes in circumstances can have a profound impact on
the relative affordability of properties. But there are much to complex scenarios to consider in an embittered angrly little dance off.

But my opinion on whether personally it was a good or bad decision for me not to buy in Edinburgh is essentially a moot point.

It doesn't negate my views on the housing market, and the economy in general.

As stated, arguably, I've done considerably better that the berks who not only found themselves unable to "time" the market crash correctly, but who actually utterly failed to see it coming at all.

As always, I await with interest to hear your explanation of how your own incredibly comedy pratfalls are negated by statistics for one location in the whole of the uk?

You've been unable to supply an answer for 3 years of course,
so I won't hold my breath. :A

IveSeenTheLight

geneer wrote: »

As you will know, had I decided to buy in December 2005,
June 06/Q2 06 statistics are logically a much more applicable bench mark.

Very coincidental that it was Dec (last month) of 2005 you considered buying and that you want to stretch the statistics to June 2006. A £20k difference between the 6 months.

Still, even letting you stretch your dates to make it look better, the stats from June 2006 £ 195,444 and Oct 2010 was £222,549

http://www.ros.gov.uk/pdfs/la_jun06.pdf

http://www.ros.gov.uk/pdfs/local_authorities_oct_2010.pdf

So your property would still be worth between £27k and £47k more than it was in Dec 05 / Jun 06 and you wouldn't have been renting for those 5 years

Pimperne1

geneer wrote: »

Hello pimperne1.

Let me help you get this right.

As you will know, had I decided to buy in December 2005,
June 06/Q2 06 statistics are logically a much more applicable bench mark. As we know, it was less than a year after that the global financial system went kablooe.

You must rememeber the global economic collapse pimp.
You jouned GHPC just afterwards to tell us, at length, how house prices couldn't fall. :rotfl::rotfl::rotfl:

So all in all, it doesn't appear to have cost me much.
Of course thats only if you buy into such simplistic banal comparisons. Obviously saving a deposit, wage increases and other such changes in circumstances can have a profound impact on
the relative affordability of properties. But there are much to complex scenarios to consider in an embittered angrly little dance off.

But my opinion on whether personally it was a good or bad decision for me not to buy in Edinburgh is essentially a moot point.

It doesn't negate my views on the housing market, and the economy in general.

As stated, arguably, I've done considerably better that the berks who not only found themselves unable to "time" the market crash correctly, but who actually utterly failed to see it coming at all.

As always, I await with interest to hear your explanation of how your own incredibly comedy pratfalls are negated by statistics for one location in the whole of the uk?

You've been unable to supply an answer for 3 years of course,
so I won't hold my breath. :A

So it was a bit of a bad move not buying in 2005 when you could have?