Halifax -1.2% August

Thrugelmir

wotsthat wrote: »

I've just had my daily dose of misery delivered to my inbox (aka the Moneyweek daily email). Apparently house prices are almost back at 1929 levels

That's due to the new Government policy of returning to 2 up 2 down back to back housing. To save space toilets will be in the courtyard outside and there'll be no bathroom. Merely a iron tub to bathe in, in the kitchen.

IveSeenTheLight

Percy1983 wrote: »

So in the reverse Hamish school of reporting thats, 92% stable or falling!

Why not take the middle ground and state that the majority, nearly 2/3rds (64%) of property, is showing stagnant house prices

wotsthat

Thrugelmir wrote: »

That's due to the new Government policy of returning to 2 up 2 down back to back housing. To save space toilets will be in the courtyard outside and there'll be no bathroom. Merely a iron tub to bathe in, in the kitchen.

I've got two sons - I wish I had an outside shitter.

They'd be unaffected by the lack of bathing facilities. A spray of Lynx works wonders in most situations.

Percy1983

IveSeenTheLight wrote: »

Why not take the middle ground and state that the majority, nearly 2/3rds (64%) of property, is showing stagnant house prices

I agree completely, I was just using the opposite of Hamish reporting to make a point.

Thrugelmir

wotsthat wrote: »

I've got two sons - I wish I had an outside shitter.

I remember my dad's grandparents terraced house in Wandsworth. In the midst of winter you would regret it!

wotsthat

Thrugelmir wrote: »

I remember my dad's grandparents terraced house in Wandsworth. In the midst of winter you would regret it!

When I was 15 we still had an outside toilet in the Midlands - and I'm only in my mid-forties rather than mid-eighties!

Given that in the middle of winter we'd have ice on the inside of the windows it didn't make much difference whether you were sat in the house or sat on the bog (apart from the fact you couldn't see the B&W TV from the bog.

IveSeenTheLight

Percy1983 wrote: »

I agree completely, I was just using the opposite of Hamish reporting to make a point.

to be honest, it's a false report unless you understand what the percentages reflect.

To articulate what I mean: -

If 28% of property drops 1% in value from an average value of £100,000.
64% of property values at an average of £165,000 remain stagnant.
8% of properties valued at an average £300,00 increase 4%
**NOTE** The Figures are hypothetical and are not indicitave of the actual stats

Then depending on volume and value in each area, you could in effect have negative, stagnant or indeed positive HPI

This stat is in effect only an indicator of how the market is.

It's clear and simple that the majority of property is stagnant.
Of the remainder, there are more areas falling than rising.

for anyone considering buying / selling, then they really do need to look at their very specific local area.

Thrugelmir

wotsthat wrote: »

Given that in the middle of winter we'd have ice on the inside of the windows

Windows? Luxury.

There was a 12 inch gap at the top and bottom of the door.

PS I'm not in my 80's. Times have moved very rapidly in a very short space of time......

brit1234

Something very strange is going on here. My post has disappeared despite not breaching the rules and actually being thanked.

I have noticed this in recent days on the Stozzers Shared Equity is fantastic thread as well. Again the post was not controversial.:think:



Its like the housing bears are being silenced by the bulls with some men in black tactics.:silenced:

If anyone can remember my post on this thread please say. I'm hopefully not going mad._pale_

wotsthat

brit1234 wrote: »

If anyone can remember my post on this thread please say. I'm hopefully not going mad._pale_

I think I saw it but I may be going mad too as I've been talking about outside bogs, lynx deodorant and gold on this thread.