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Debate House Prices
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House price falls would be excellent for the economy
Comments
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Graham_Devon wrote: »What is that better news?
Inflation fell slightly last month.
Unemployment also fell slightly.
Meanwhile.......
http://www.bbc.co.uk/news/uk-scotland-scotland-business-13066744
http://www.bbc.co.uk/news/uk-13070556
I do hope Hamish is OK. Anyone heard from him recently ?30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0 -
Graham_Devon wrote: »What is that better news?
If the only thing you type into google is 'bad news on the economy' then you might not have noticed some of the better news.
Still a surprise to see you've missed the better news - it's been discussed on this site.
Inflation falling
House prices stable
Affordability data (from reputable providers) showing no imminent problems.
Unemployment down
Pay rises restrained
Maybe the start of some competition in the grocery sector
and one just for you Graham - Gordon admits a mistake0 -
If the only thing you type into google is 'bad news on the economy' then you might not have noticed some of the better news.
Still a surprise to see you've missed the better news - it's been discussed on this site.
Inflation falling One month out of how many rising months? Wow.
House prices stable Stable?! Your definitions seems different to mine. We don't know whats happening one month to the next. Whole lending industry is based on fear of falls.
Affordability data (from reputable providers) showing no imminent problems. Reputable being your preferred, lets face it. We been here before.
Unemployment down After going up last month.
Pay rises restrained And this is good news? Restrained well below inflation? Good?
Maybe the start of some competition in the grocery sector Been competition in the grocery sector for years.
and one just for you Graham - Gordon admits a mistake
My comments in blue. I don't expect you to agree. But your good news appears to be based on right now, and tiny fluctuations in changes.0 -
Inflation falling - bad news if you have large debts.
House prices stable - bad news if you want lower prices.
Affordability data (from reputable providers) showing no imminent problems - only good news if you can borrow the required amount.
Unemployment down - good news.
Pay rises restrained - bad news if you want/need a pay rise.
Maybe the start of some competition in the grocery sector - good news if it does happen.30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0 -
Graham_Devon wrote: »
House prices stable Stable?! Your definitions seems different to mine. We don't know whats happening one month to the next. Whole lending industry is based on fear of falls.
My comments in blue. I don't expect you to agree. But your good news appears to be based on right now, and tiny fluctuations in changes.
Graham, I like the sentence that I have highlighted. I think that's a good summary.30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0 -
Graham_Devon wrote: »My comments in blue. I don't expect you to agree. But your good news appears to be based on right now, and tiny changes.
How dare you say that I said there was good news - I'm outraged that you would put words in my mouth. I said the news was 'better' not 'good'.;)
The data is the data but I view the recent data as being more positive than negative. It takes more than a swallow to make a summer but if you just look for the negative that's all you'll find.0 -
How dare you say that I said there was good news - I'm outraged that you would put words in my mouth. I said the news was 'better' not 'good'.;)
The data is the data but I view the recent data as being more positive than negative. It takes more than a swallow to make a summer but if you just look for the negative that's all you'll find.
But you accussed us of ONLY looking at the bad.
That was the basis of your post in response to chucky. That we only look at negative data, therefore "demand being up when prices are falling" has somehow narked me. It hasn't. I was aking whats good about it, no ones been able to tell me.
You can disagree if you like, but I do look at data over a longer period. I looked at oil, got told I was wrong that it would go over $100 a barrel and that I was praying for a crash.
Said for a while I think a double dip is nigh on inevitable. Got laughed at, doom monger. Double dip appears to be a real fear and real talking point right now.
I said inflation would continue to climb. Got told I was wrong. It would be deflation. Got told I was praying for interest rate rises to cause a crash stating inflation would rise. Inflation rose.
Stated last year, inflation would be higher and wouldn't be at the BOE target, which they kept saying it would be. Inflation wasn't at target, and isnt'. Get told I'm wrong, strip out the full VAT effect, it's not too bad. That's after being told I was wrong and it would be deflaton.
I've been wrong on many things. But then so has everyone. No matter what their education. But I don't particulalry look at only negative, and stuff happening month to month. I just get told, by the same people, I'm thick whatever I say, or indeed, don't say. Don't really matter. You'll be told you are thick, stupid, etc.
Currently I'm still holding FTSE 100 shares. I am soon, going to sell them all and put my money back into savings accounts. My call. I don't think the FTSE is going to stay this high for too long. I think it has more in it, but at some point, I'll sell out. If I was looking only at the negative, I'd have sold up.
What I'm trying to say here, is your posts are all soundbites. Theres not much else to them.
I'm a bit bored today, waiting for a delivery, which will probably turn up at 6 or something, but need to wait in. So I'm quite happy to dissect any soundbites down and ask for actual backup to the bizzare set of insults thrown around.0 -
Graham_Devon wrote: »What I'm trying to say here, is your posts are all soundbites. Theres not much else to them.
If anyone else (apart from you or Geneer) had said that I'd be genuinely upset.0 -
it's true you do talk a lot of rollox.Graham_Devon wrote: »I've been wrong on many things.0 -
it's true you do talk a lot of rollox.
Do you mean Graham talks a lot about expensive watches, or caramel centred chocolate sweets ? Maybe he's interested in anti-wrinkle beauty treatments.
Oh , hang on a second.........
Must get my eyes tested, reading glasses might be required.30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0
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