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Debate House Prices


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House prices falling rapidly in Scotland

1235

Comments

  • robmatic
    robmatic Posts: 1,217 Forumite
    geneer wrote: »

    You're right. It is neccesary to look a bit deeper. Unfortunately you've only provided the blunt Scotland high level averages, so not really achievable with the "evidence" you're providing.

    Indeed. Achieved prices in my Scottish postcode are higher now than they were in 2006.
  • geneer
    geneer Posts: 4,220 Forumite
    robmatic wrote: »
    Indeed. Achieved prices in my Scottish postcode are higher now than they were in 2006.

    Which post code would that be? ;)

    No 127 Up My Street. Its where all the property bulls live together in perfect harmony.
  • robmatic
    robmatic Posts: 1,217 Forumite
    geneer wrote: »
    Which post code would that be? ;)

    No 127 Up My Street. Its where all the property bulls live together in perfect harmony.

    EH3...

    Oh, and I do think house prices will decline in real terms so you have a funny definition of a bull...
  • geneer wrote: »
    Well there was a fairly rapid fall in 2008, 2009 and 2010.
    Thats pretty noisty!

    You're right. It is neccesary to look a bit deeper. Unfortunately you've only provided the blunt Scotland high level averages, so not really achievable with the "evidence" you're providing.

    Theres a fair bit of evidence that the "new peaks" are the noisy bits, not least of which being the statements made to the press by the producers of such statistics confirming the same.

    Didn;t espc tell you that was seasonal variation?
  • geneer
    geneer Posts: 4,220 Forumite
    Didn;t espc tell you that was seasonal variation?

    No. Hamish did.
    He was quite, quite, wrong. :)
  • geneer wrote: »
    Well there was a fairly rapid fall in 2008, 2009 and 2010.
    Thats pretty noisty!

    Countered by equally rapid rises!!!!!!!!!

    when you understand the methodology of the figures used to generate the graph, you can see the wider picture and over the course lends to indicating a stagnating market.

    Meanwhile you can try to focus on the individual, non mix adjusted monthly noise.
    geneer wrote: »
    You're right. It is neccesary to look a bit deeper. Unfortunately you've only provided the blunt Scotland high level averages, so not really achievable with the "evidence" you're providing.

    Feel free to go to Registers of Scotland Executive Agency and look at their breakdown.
    I have provided a breakdown before on your VI area Edinburgh.
    and can do again
    geneer wrote: »
    Theres a fair bit of evidence that the "new peaks" are the noisy bits, not least of which being the statements made to the press by the producers of such statistics confirming the same.

    Ahh, the peaks are noisy, but the falls are facts.
    All based on the same data.
    Pure comedy genious.
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • geneer
    geneer Posts: 4,220 Forumite
    Countered by equally rapid rises!!!!!!!!!

    when you understand the methodology of the figures used to generate the graph, you can see the wider picture and over the course lends to indicating a stagnating market.

    Meanwhile you can try to focus on the individual, non mix adjusted monthly noise.



    Feel free to go to Registers of Scotland Executive Agency and look at their breakdown.
    I have provided a breakdown before on your VI area Edinburgh.
    and can do again



    Ahh, the peaks are noisy, but the falls are facts.
    All based on the same data.
    Pure comedy genious.


    You missed a critical point Lite.
    Theres a fair bit of evidence that the "new peaks" are the noisy bits, not least of which being the statements made to the press by the producers of such statistics confirming the same.

    And by "confirming", I mean openly stating the same in press releases. That would make you quite wrong I think.

    Comedy Genious(sic) indeed.
  • robmatic wrote: »
    EH3...

    Oh, and I do think house prices will decline in real terms so you have a funny definition of a bull...

    If this helps, or for other EH VI's

    edinburgh.png
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • geneer
    geneer Posts: 4,220 Forumite
    Oh look. You missed the critical point again.
    Lites finger is hovering over the ignore button I imagine.
  • geneer wrote: »
    Oh look. You missed the critical point again.
    Lites finger is hovering over the ignore button I imagine.

    The data is the data.
    Feel free to post any links you may be referring to
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
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