Property market on the verge of panic

ruggedtoast

macaque wrote: »

Hearing a chick talk like this can be slightly arousing depending on age and stats. Can you put a bit more info on your profile.

Julie is old enough to remember when people knew who Rush were.

chewmylegoff

macaque wrote: »

Cleaver
42 - 16 = 26
26/42 x 100 = 62%

62% fall = catastrophic collapse in sentiment

P.S. I am baffled that anyone could see this as anything less than a collapse in sentiment.

if you want to measure the collapse of positive or neutral sentiment then you need to look at the number of people who thought that it would not fall in price. not the number of people who think it will fall in price.


if 16% thought the price would fall before, that means 84% (100-16) of people thought that prices would not fall (i.e. stay same or increase)

now it's 58% of people (100-42).

(84-58)/84 x100% = 30.9%

the number of people who believe that property wont fall in price is 30.9% lower.

58% of people still think it won't fall, which doesn't really sound to me like the market is on the verge of panic, but then who cares what a bunch of people who took the survey think, they don't actually know or have any control.

mcc100

macaque wrote: »

Hearing a chick talk like this can be slightly arousing

I hope you know for certain that julieq is a female ....... usernames can be misleading.

Pete111

mcc100 wrote: »

I hope you know for certain that julieq is a female ....... usernames can be misleading.

Indeed - it may surprise you to learn that I'm not 111 years old for example.

ruggedtoast

I'm not especially rugged either.

geneer

Pete111 wrote: »

macaque wrote: »

Thank you Pete111. Here's another quote:

House prices have fallen by 2.4% in the last 12 months, shaving more than £4,000 off the average price of a property.

http://moneyfacts.co.uk/news/mortgag...n-year-4-2-11/



Well if you must include houses in the North.....

Fortunately, most of the people that matter don't live (or own houses) there.

And a surprise return to the top 10 charts, the 2011 remix of the 2008 hit its "not up my street".

lemonjelly

Does anyone think I'm lemony?

ukcarper

lemonjelly wrote: »

Does anyone think I'm lemony?

No just a bit wobbly.

LisbonLaura

chucknorris wrote: »

Well I think property will do well from 2015 onwards.

That's a brave call chuck. Do you have analysis for that?
I have the UK property bottom in for nineteen years later. That is a levelling out, not a recovery; & real, not nominal of course.

chucknorris

LisbonLaura wrote: »

That's a brave call chuck. Do you have analysis for that?
I have the UK property bottom in for nineteen years later. That is a levelling out, not a recovery; & real, not nominal of course.

At the bottom until 2034 LOL, do me a favour that is just plain daft, you have just demonstrated to the entire forum how silly you are, even the average bear will understand the market is cyclical and will recover well before then. We might even be approaching the next recession/dip by that date.

Of course I haven't got an analysis we are all guessing what will happen. But I would suggest my scenario is far more likely than the one you forecast.