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Debate House Prices


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Lloyds: Scottish House Prices up 4.7% YoY

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Comments

  • geneer wrote: »
    . You seem to be rabbiting on about an unrelated issue.
    l:

    And you seem to be trolling again.....

    So back to the topic at hand geneer, given that the:

    Blunt average house price is up.

    Average house price of each type of house is up.

    And individual houses are selling for the same or more than they did in 2007.

    Remind me again why you keep trying to distract from the obvious fact that you can't buy most houses up here for less in 2010 than you could in 2007?

    So instead of a crash, the best thing you can claim is that a market with small seasonal fluctuations, became a market with larger seasonal fluctuations.

    Yeah..... Victory is yours, Stuey.......:cool:
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • AD9898_2
    AD9898_2 Posts: 527 Forumite
    'Despise' ? That's quite a word to use. The doom mongers you seem to despise come across to me as people who generally want a good deal on a home.

    They believe that the cost of housing is too much and given the situation in our economy caused directly by the price of houses, I think they have a very valid point.

    Only those with VI or who worry about their debt position compared to the price of their 'asset' seem to rail against this most obvious conclusion.
    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.
  • geneer
    geneer Posts: 4,220 Forumite
    edited 20 February 2011 at 5:08PM
    And you seem to be trolling again.....

    So back to the topic at hand geneer, given that the:

    Blunt average house price is up.

    Average house price of each type of house is up.

    And individual houses are selling for the same or more than they did in 2007.

    Remind me again why you keep trying to distract from the obvious fact that you can't buy most houses up here for less in 2010 than you could in 2007?

    So instead of a crash, the best thing you can claim is that a market with small seasonal fluctuations, became a market with larger seasonal fluctuations.

    Yeah..... Victory is yours, Stuey.......:cool:

    Sorry Spamish.
    You appear to be wittering on and on about something, but you still seem unable to show us where those Normal Seasonal Variation of tens of thousands of pounds occured prior to the essential failure of the housing market in 2007/2008.

    It would be cracking if you could champ, as that would negate the expressed opinion of the lloyds analyst (lloyds being of course the people who compiled the stats) that the annual "peaks" in the average house prices are in fact an obvious skewing effect caused by low volumes, rather than some boss-eyed counter intuitive so called "recovery" in the market.

    Oh hang on, my mistake, you've already applied your big brain to the issue.
    Lets see what genius reasoning you've pulled out of the bag.
    You mean they were less noticable in the 2004-2007 market rises.
    They were still there, just smaller.


    :rotfl::rotfl::rotfl::rotfl:Wow.....just wow. ;)
  • geneer wrote: »
    annual peaks.....an obvious skewing effect caused by low volumes

    Fine.

    Let's smooth out the peaks and troughs, and take an average for the entire year.

    An average of all sales for the last 52 weeks, versus the 52 weeks prior, from RoS.

    [FONT=Arial,Bold][FONT=Arial,Bold]Aberdeen City
    Last 52 weeks
    [/FONT][/FONT]£181,846
    52 weeks prior £169,722

    Annual change + £12,124, +6.7%

    As I recall, this used to be one of you and Randalls favourite indices geneer, until it turned against you.....

    Of course, you also used to be quite fond of trumpeting the latest Lloyds index results...... When it showed a 3% fall that is.....

    But of course, now its rising, it's "inaccurate". ;)

    Anyhoo, much as I'd love to continue playing verbal ping pong with you geneer, from this side of the table it's sounding a lot more like Ping, Ping, Ping, Ping.....

    So on that basis, I'm out.

    Do feel free to pop back along if you're ever up for a civilised debate.




    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Who is Randall?
  • Who is Randall?

    One of geneers troll mates from CC.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • geneer
    geneer Posts: 4,220 Forumite
    edited 22 February 2011 at 1:16PM
    One of geneers troll mates from CC.

    CC being a place that Hamish likes to Ghost into now and again to troll with gloating threads, then Ghost out when inconvenient facts are put in front of him.

    Standard Hamish Operating Procedures in other words.

    (allthough sometimes the daftie can't help but mark down the posts he is completely unable to respond to without looking very silly indeed).:rotfl::rotfl::rotfl:

    creditcrunchadventures6.jpg
  • geneer
    geneer Posts: 4,220 Forumite
    edited 21 February 2011 at 1:41PM
    Fine.
    Let's smooth out the peaks and troughs, and take an average for the entire year.

    Why? Surely it would be much easier to point out how those "Normal Seasonal Variations" of tens of thousands of pounds occured prior to 2007.

    No?

    Don't feel like it?

    Rather talk about something else?

    Of course you would.
    :rotfl:

    Fine.
    Let's smooth out the peaks and troughs, and take an average for the entire year.

    An average of all sales for the last 52 weeks, versus the 52 weeks prior, from RoS.

    [FONT=Arial,Bold][FONT=Arial,Bold]Aberdeen City [/FONT][/FONT]
    [FONT=Arial,Bold][FONT=Arial,Bold]Last 52 weeks [/FONT][/FONT]£181,846
    52 weeks prior £169,722

    Annual change + £12,124, +6.7%


    Can't imagine why you don't want to look at the ROS 28 day index spamish (cough -17.5% cough)
    Fine.
    As I recall, this used to be one of you and Randalls favourite indices geneer, until it turned against you.....

    (cough -£34272 in 28days cough - perfectly normal of course)

    Of course, you also used to be quite fond of trumpeting the latest Lloyds index results...... When it showed a 3% fall that is.....

    But of course, now its rising, it's "inaccurate".

    :rotfl:Depends if its completely counterintuitive to ALL economic indicators, doesn't it Hamish?

    But you don't have to take my word on for it. LLoyds themselves have clearly confirmed the dubious nature of the "new peaks" for the terminally hard of thinking. ;)



    Anyhoo, much as I'd love to continue playing verbal ping pong with you geneer, from this side of the table it's sounding a lot more like Ping, Ping, Ping, Ping......




    Nah mate. You'd love to have just slunk out as per usual, but unfortunately could resist being called out.
    The sound you're hearing from my side of the table is laughter. :cool:

    So on that basis, I'm out.

    Yeah mate, that's why your out. :rotfl::rotfl::rotfl:
    Do feel free to pop back along if you're ever up for a civilised debate.

    You mean like the next time you overreach in gloating about flawed statistics you mean.

    Don't mind if I do. :A
  • geneer
    geneer Posts: 4,220 Forumite
    Desperate diversionary smokescreens are making it a bit cloudy in here.

    To illuminate the situation:-

    Sorry Spamish.
    You appear to be wittering on and on about something, but you still seem unable to show us where those Normal Seasonal Variation of tens of thousands of pounds occured prior to the essential failure of the housing market in 2007/2008.
    seasonalvariations.jpg
    You mean they were less noticable in the 2004-2007 market rises.
    They were still there, just smaller.

    :rotfl::rotfl::rotfl:

    So on that basis, I'm out.

    Oh, I'll bet you are. ;)
This discussion has been closed.
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