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Debate House Prices


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House prices fall 2.2 percent in January - Hometrack

24

Comments

  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    nicko33 wrote: »
    That's a lot of friendly local (highly qualified and professional) estate agents saying prices are going down.
    So it must be true

    To be honest you really should take what they say with a pinch of salt.





    The situation is more likely to be much worse than they are saying. :D
    Why are we here?......................because we are not all there.
  • nicko33
    nicko33 Posts: 1,125 Forumite
    shortchanged wrote: »
    The situation is more likely to be much worse than they are saying. :D
    They are basically saying, "don't buy now", prices are still going down.
    How much worse can it get for a salesman

    ah, they could have a nutter visiting them every Thursday
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    C_Mababejive wrote: »
    Are we to have a new thread start every time house prices are mooted to be going up or down a fraction of a percent?

    Ridiculous on a debate house prices board, don't you think?
  • AD9898_2
    AD9898_2 Posts: 527 Forumite
    There are plenty of times I've commented on 'house prices rise' threads , arguing my reasons as to why they've risen and that it's temporary etc, based in facts as I see them, yet.......

    On 'house prices falling' threads we don't see Hamish, Sibley or ant other rampant bullish posters posting, why ??

    My feeling is deep down they know given the evidence before them no argument can be made and in general they only post to reinforce there own thoughts and VI.
    Have owned outright since Sept 2009, however I'm of the firm belief that high prices are a cancer on society, they have sucked money out of the economy, handing it to banks who've squandered it.
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    Ignoring the "official" figures which are of course just spin and bullsh1t, prices have been falling for well over a year and will continue to do so until they become more alligned with income levels.
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • torontoboy45
    torontoboy45 Posts: 1,064 Forumite
    AD9898 wrote: »
    There are plenty of times I've commented on 'house prices rise' threads , arguing my reasons as to why they've risen and that it's temporary etc, based in facts as I see them, yet.......

    On 'house prices falling' threads we don't see Hamish, Sibley or ant other rampant bullish posters posting, why ??

    My feeling is deep down they know given the evidence before them no argument can be made and in general they only post to reinforce there own thoughts and VI.
    patience ad, patience.

    they're probably feverishly poring over the detail, desperate for a chink of light.

    allow me to assist. bullet point 5 re 'dwindling supply later in the yr to act as price support' should offer some relief.

    there. glad to be of help.
  • FTBFun
    FTBFun Posts: 4,273 Forumite
    nearlynew wrote: »
    Ignoring the "official" figures which are of course just spin and bullsh1t, prices have been falling for well over a year and will continue to do so until they become more alligned with income levels.

    I take it you're going to completely ignore supply and demand then?
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    The_Fox wrote: »
    Going on this hometrack number i have as good as saved £1500, did you save £1500 this month:)

    No, but I didn't pay any rent, and I found this question mark that someone had dropped, so it wasn't all bad. :)
  • FTBFun
    FTBFun Posts: 4,273 Forumite
    The_Fox wrote: »
    Going on this hometrack number i have as good as saved £1500, did you save £1500 this month:)

    No you haven't.

    I dare you to go up to a vendor with a print out of this report and demand £1500 off.
  • nembot
    nembot Posts: 1,234 Forumite
    FTBFun wrote: »
    I take it you're going to completely ignore supply and demand then?

    No not at all, supply is higher than ever and demand is rather low.
This discussion has been closed.
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