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Debate House Prices
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Average Rent soars to £876, up 2% in 3 months...
Comments
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My point was that house prices have risen during a period where mortgage availability has been severely restricted.
If you want to find ways in which a 13% rise is not a rise really, that's your prerogative.
You can do better than that. You disappoint me.:(
I'm off to bed. You've got hours to think of a decent argument. Good luck.
Looking forward to pwning you again tomorrow.:D0 -
rents are actually falling quite briskly in all areas except london and its neighbours.
Or a quick perusal of the same data shows rents are currently rising on either a quarterly or annual basis in 9 out of 12 regions.
See what I did there?
(context and analysis, geneer style)“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”0 -
If you want to find ways in which a 13% rise is not a rise really, that's your prerogative.
Go to land registry and type Oldham, its certainly not a 13% rise.
Good old London for you boosting average prices.Have my first business premises (+4th business) 01/11/2017
Quit day job to run 3 businesses 08/02/2017
Started third business 25/06/2016
Son born 13/09/2015
Started a second business 03/08/2013
Officially the owner of my own business since 13/01/20120 -
Might I widen the view to cover social and cultural change?
In the mid term and possibly longer it is undeniable that more people will rent.
But what about other issues? Increased social mobility to move where jobs are; corporate cost control resulting in things like the Beeb moving staff out to cheaper regions; increases in the number of people from cultures where they are more used to sharing property ; people living for longer at home ; even the emergence of more working hotels like Formule 1 which are just a place to sleep whilst working away.
Changes will create opportunities in many ways. For someone struggling to pay rent the desire to look at any and all alternatives will clearly be there.0 -
Good old London for you boosting average prices.
Not just London.
My home town rose 8% in the last quarter alone, and it's about as far from London as you can get.“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”0 -
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I believe you are intruding on a private argument and they are talking about Edinburgh over a particular time scale not really relevant for most of us.
No, the 13% figure is the Nationwide national house price rise since feb 2009.“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”0 -
HAMISH_MCTAVISH wrote: »Not just London.
My home town rose 8% in the last quarter alone, and it's about as far from London as you can get.
Though last time you made such a claim and we dug a little deeper it was clear that certain areas (for example the city centre) weren't doing all that well at all.
Context and analysis sweetie.
Don't leave home without it.0 -
HAMISH_MCTAVISH wrote: »Or a quick perusal of the same data shows rents are currently rising on either a quarterly or annual basis in 9 out of 12 regions.
See what I did there?
(context and analysis, geneer style)
Yes Hamish. You strangely elected to use the phrase"on either a quarterly or annual basis". Therefore ignoring a number of regions which have shown falls on either a quarterly or annual basis.
Hey, did you notice that rents are now in fact cheaper than they were in March 2008.
Context baby. Context.0 -
Go to land registry and type Oldham, its certainly not a 13% rise.
Good old London for you boosting average prices.
If you want to debate Oldham house prices maybe you should try the Oldham chronicle. This board is generally accepted as a forum to debate national house prices.If I don't reply to your post,
you're probably on my ignore list.0
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