Nationwide November -0.3% MoM

doire_2

N1AK wrote: »

I know they say sharing your problems is the first step to solving them. Talking to yourself is still a sign of madness

I have to admit I really have no idea who you are. Originally I thought you were an attempt at producing a satirical uber bull. Now I don't know if you're the Dr Hyde-esque alter ego of a resident bull, or a recent and particularly unappealing specimen of the HPC-rejectus variety.

He is 43 years old and still lives with his mummy. The only thing in his life at the moment is to come on here and boast about things he hasn't even got. Very sad.

N1AK

chucknorris wrote: »

I think a major point that some the bears seem to miss or worse even flag it up as a silly thing for bulls to say, is that most do not have to sell when prices (like now) have fallen, investors can wait for a better time and homeowners will be buying back cheaply anyway.

It is an incredibly silly thing to say. House prices dropped nearly £35,000 by Land Registry figures 3 years ago. To say that house prices won't drop because sellers won't sell is completely moronic when circumstances were largely the same at the end of 2007 and exactly the opposite happened.

Generali

Percy1983 wrote: »

Very true, But I do still believe the land registry more.

All the indices have their strengths and weaknesses IMO. LR and Acadametrics are probably the most accurate but they are also pretty backward looking LR also misses new build, council house sales, probate sales and repos. Rightmove seems pretty volatile and inaccurate but looks forward. Haliwide are showing their weaknesses at the moment as housing markets diverge in the areas each are strong in.

In the end, you look at the data that are out there (or at least I do), weigh it up and come up with a theory. Then you sit around to see whether your theory is right or wrong.

I had 2. My first has been a bit right (banks are a mess) and a bit wrong (house prices were going to go down by more than they have as banks failed). My 2nd will take about 20 years to play out so I'll get back to you on that one.

geneer

HAMISH_MCTAVISH wrote: »

No geneer, we should all focus on the "global financial crisis", because that means we won't have embarked on a 5 year and nearly £50,000 folly of delayed purchase and angry trolling on not one, not two, not three, but now four house price forums.

Edinburgh average house price Dec 2005 £175,197

Edinburgh average house price Oct 2010 £222,549

But hamish. Surely I've just made a valid point about how representative the average UK house price may be in numerous areas, and instead you've thrown your toys from the pram, spat your dummy,
and brought up an entierly unrelated issue.
Kinda makes you the trolly troll doesn't it.

And Hamish, deary, its 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.
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. Was it the wrong decision in 2007?
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 the total clown shoes who utterly failed to see it coming at all.