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Debate House Prices
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Rightmove Index for December 2010, -3.0%
Comments
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i think you have...Not really shooting myself in the foot, yes annually it has been a slow increase, but do a simple sum right now.
Take any house for sale and deduct 7%... is it more affordabe?
prices rising at only 7% over 13 years would mean that they have risen less than wage inflation in that time meaning they've become more affordable...0 -
So houses have risen only 7% in 13 years? no other rises have happened?
Have my first business premises (+4th business) 01/11/2017
Quit day job to run 3 businesses 08/02/2017
Started third business 25/06/2016
Son born 13/09/2015
Started a second business 03/08/2013
Officially the owner of my own business since 13/01/20120 -
apparently this chap in his post below said that 7% was enough to price out quite a lot of people...So houses have risen only 7% in 13 years? no other rises have happened?
i thought it was cobblers too btw...To quote Hamish himself, prices are 7% higher due to 'investors', to which 7% is enough of a swing to price out quite a lot more people.0 -
Well 7% less would make houses more affordable to many hence less people would be priced out.
I really am failing to see your point. You have mentioned a few more figures so if you could give me those am sure it will all come together.Have my first business premises (+4th business) 01/11/2017
Quit day job to run 3 businesses 08/02/2017
Started third business 25/06/2016
Son born 13/09/2015
Started a second business 03/08/2013
Officially the owner of my own business since 13/01/20120
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