Nationwide November -0.3% MoM

the_flying_pig

Dirk_Rambo wrote: »

great thread. i preffered the halifax -3.9% one though. that was a record-braker i think

it was a beauty.

HAMISH_MCTAVISH

Percy1983 wrote: »

Oldham average house price Dec 2005 £92,020

Oldham average house price Oct 2010 £91,937

Does that mean I have had nearly 5 years of stagnation in bull terms?

Nope.

It just means you bought your landlord a fifth of a house.

Whilst you gained nothing.

Most generous of you.....

THE_GHOULISH_CODPIECE

the_flying_pig wrote: »

it was a beauty.

Never to be repeated.

THE_GHOULISH_CODPIECE

HAMISH_MCTAVISH wrote: »

Nope.

It just means you bought your landlord a fifth of a house.

Whilst you gained nothing.

Most generous of you.....

And someone posting on HPC since it's inception, like the good Dr Bubb and co, have all paid nearly a third of all their landlords mortgages. (2002 - 2010 = 8 years. 8/24 typical mortgage terms). And they like to think HPC is full of financial geniuses. :rotfl:

Percy1983

HAMISH_MCTAVISH wrote: »

Nope.

It just means you bought your landlord a fifth of a house.

Whilst you gained nothing.

Most generous of you.....

I can't remember paying off any of my parents mortgage... If anything they subsidised my existence while getting an education and now they are subsidising my existence while I save up for a deposit.

I have gained a good income while living off a very small 'rent'... So I have gained massively and its good to see house prices are in quite in easy reach once the deposit it together with my current level of income.

So right now I am winning the game, I will will admit... Most generous of my parents.

THE_GHOULISH_CODPIECE

And we bet your dates love being taken back to mummy and daddys.

Grow some balls, be a man, and stand on your own two feet for once.

Niche

THE_GHOULISH_CODPIECE wrote: »

And someone posting on HPC since it's inception, like the good Dr Bubb and co, have all paid nearly a third of all their landlords mortgages. (2002 - 2010 = 8 years. 8/24 typical mortgage terms). And they like to think HPC is full of financial geniuses. :rotfl:

I thought most landlords were renting from the bank on interest only:huh:

Which is why they are so venomous over price falls, they realise they are the same as renters and require equity 'for their pension'.

JonnyBravo

Niche wrote: »

Which is why they are so venomous over price falls, they realise they are the same as renters and require equity 'for their pension'.

That's not really fair. Not all renters are venomous. In fact only a small minority are. You can spot the venomous ones a mile off and ignore them though. They usually carry a bin lid to bang and can be seen frothing at the "greedy generation" on a few select threads. Steer clear and you'll be safe enough.

System

Percy1983 wrote: »

Oldham average house price Dec 2005 £92,020

Oldham average house price Oct 2010 £91,937

Does that mean I have had nearly 5 years of stagnation in bull terms?

With average prices like that how can you complain about people under 30 being "priced out forever"? Looks like you live in a pretty cheap area.

JonnyBravo

Joeskeppi wrote: »

With average prices like that how can you complain about people under 30 being "priced out forever"? Looks like you live in a pretty cheap area.

Absolutely. Thing is he's letting his Mrs pay off his debts at the moment so he can't really reveal he's got a hidden stash to cash buy just yet.
Almost parasitic behaviour some would say. Clearly, I wouldn't agree.
At all.
In the slightest.
Not even one iota.