Land Registry - 28 March 2011 - -0.8%/1.7%

Graham_Devon

ukcarper wrote: »

http://www.parliament.uk/briefingpapers/commons/lib/research/briefings/snsg-00263.pdf

Here is an interesting link for you graham

Thats what my original post was based on.

Graham_Devon

wotsthat wrote: »

You see this is what I find quite frustrating and led to my obfuscation comment.

Oh dear, you are struggling.

Compared to the last recesssion, it looks like we are doing ok. Would you not agree with that? On paper, were much better off.

I didn't say they were low. Just said compared to the 90's (which was the last time we were in the same sort of situation) we look to be doing ok.

What's confusing or frustrating about that that leads to your accusations that im obfuscicating?

Seriously. Whats up with you. Sort your issues out. The point isn't hard to grasp...everyone else seems to have handled it and seen the relation to the last recession and this. Even chucky, which is why he's frothing so much.

chucky

absolutely brilliant - the thickest person on the forum trying to tell people he understands.

isn't that like an obese person telling a slim person they're too fat - brilliant!!!

run it by me again why the below numbers are bad...

In 1990, 1.31% of mortgages were in 6-12 months arrears.

In 2010, 0.69% of mortgages were in 6-12 months in arrears.

is it because you still think the numbers are skewed by self cert mortgages :rotfl:

wotsthat

Graham_Devon wrote: »

What's confusing or frustrating about that that leads to your accusations that im obfuscicating?

The fact that you'll say the figures are ok whilst arguing that they might be crap.

the.ciscokid

chucky wrote: »

you've decided to remove the inflation factor in 1990 which was close to 10% and now it's 4% or about 2.5% when stripping out VAT.

Why the hell would you strip out VAT, and how did you come up with 2.5% stripping out the recent rise in it?

What is real inflation (not the made up !!!! we are fed by the BoE)?

What was wage inflation in the period 1990 - 2000, and what is it now?

Generali

the.ciscokid wrote: »

What was wage inflation in the period 1990 - 2000, and what is it now?

http://www.statistics.gov.uk/hub/index.html

HTH

the.ciscokid

Generali wrote: »

http://www.statistics.gov.uk/hub/index.html

HTH

Found this http://www.watsonwyatt.com/europe/pubs/statistics/render2.asp?ID=3

Roughly it looks to me like (increase as a percentage of the first year on the decade):

70-79 250%
80-89 120%
90-99 50%
00-09 36%

We shouldn't forget the increase in salary gap between the top and bottom (who, incidently, will be the ones who enjoyed greater salary rises in the 70s and 80s... draw your own conclusions...) that will skew the data... but I can see a trend. Do I need to add a house prices graph as well?

Generali

the.ciscokid wrote: »

Found this
Roughly it looks to me like (increase as a percentage of the first year on the decade):
70-79 250%
80-89 120%
90-99 50%
00-09 36%

We shouldn't forget the increase in salary gap between the top and bottom (who, incidently, will be the ones who enjoyed greater salary rises in the 70s and 80s... draw your own conclusions...) that will skew the data... but I can see a trend. Do I need to add a house prices graph as well?

These look like nominal increases in wages. If you follow my link you can also get RPI data. If you deflate wages by the RPI you will find that on average, real house prices track changes in real wages in the long run in the UK.

As houses are getting better over time (eg double glazing, central heating, laminated floor coverings) you get more house per hour worked.

the.ciscokid

Generali wrote: »

These look like nominal increases in wages. If you follow my link you can also get RPI data. If you deflate wages by the RPI you will find that on average, real house prices track changes in real wages in the long run in the UK.

As houses are getting better over time (eg double glazing, central heating, laminated floor coverings) you get more house per hour worked.

How about comparing them directly to house prices, since that's what we are talking about. Also, this is an wage inflation index, why do I want to adjust it? HPI vs Wage inflation seems like a fair comparison to me...

In answer to your second point, what about floor space/ plot size?