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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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Average rent darn sarf perhaps, nobody up north with a brain would pay that much for your typical average property.
Nice try Hamish, but in real world terms it's just BS.0 -
Average rent darn sarf perhaps
No.
That would be higher.nobody up north with a brain would pay that much for your typical average property.
Quite.
That would be lower.
Hence the "average" figure is in the middle, between lower and higher.
You're not very good with the concept of "averages" are you?“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 -
YoY data masks an improving picture since the start of the year.
And referring to 'real term' falls, without considering the 'real term' falls in outstanding mortgage balances, distorts the true picture.
:rotfl:Ah so now you want to dig a little deeper eh.
Apply a little context and analysis.
But only so much it appears.
Priceless.0 -
heathcote123 wrote: »Geneer, your thread over at the other place is pretty interesting, I think it deserves an airing here as well, where there are people.
Theres lots of bits that are debatable there, but how do you figure that capital sum bit? - I don't really get it?
The comparison is actually on this site too. Nice to know you're keeping an eye on the old place.
Did you catch Slaters unfortunate news.
I do hope you, pimp and columbo are pleased with yourselves.
Anyway, as to the saving part, you take one number and subtract the smaller number.
Ta-dah. You have a saving.0 -
HAMISH_MCTAVISH wrote: »No.
That would be higher.
Quite.
That would be lower.
Hence the "average" figure is in the middle, between lower and higher.
You're not very good with the concept of "averages" are you?
A bit rich, given how often seem to struggle with the real world relevance on the concept yourself Hamish.0 -
When I see figures like this bandied about I just think people must be stupid with money! Or maybe just maybe all these reports are full of sheet.
The house we rent was bought approx 5 yrs ago for what was at the time of purchase a Uk national average price. Does this mean I live in an average house?
I pay less than 60% of the average rent.0
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