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Debate House Prices


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Nationwide +0.1% MoM -0.3% YoY

1246

Comments

  • geneer
    geneer Posts: 4,220 Forumite
    edited 29 September 2011 at 12:10PM
    Rinoa wrote: »
    One prediction extremely unlikely to happen is your minus 8.9% for 2011. :rotfl:

    You've blown your wad too early again.
    Give us a call in February Columbo.;)

    Edit: You too spamish.

    Oh, and it was -8%.

    Still good luck with your +2% prediction too.
  • geneer wrote: »
    You may be thinking about heathcote.
    Nope definately Graham.
    When people ask if I would reccomend shared ownership, it's hard to answer. My scheme is ok, has a few pitfalls, but nothing like the more recent schemes I have seen, which I seriously couldn't recomend.


    If you wish to place a counter argument, best be prepared with your facts.
    You seem to be increasingly rattling off spurious unsubstantiated drivell of late.
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • geneer wrote: »
    Sorry to break it to you lite, land reg says -2.6%.

    Is it the end of the year yet?
    What happened in last years 2nd half figures?
    How will that affect the YOY percentage?
    geneer wrote: »
    So lets get this straight. The land reg average figures are meaningless, but nationwide alleviates your concerns. :rotfl:

    Right you are then.

    Such is the monthly game of Forum Numberwang.

    Actually I do believe the LR figures are the most complete.
    I don't run or change my position to suit unlike some.

    Just so your clear, I'll go pull out the 2011 prediciton thread so you understand the terms of the prediction.
    We'll see how yours fits in there as well.
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • geneer
    geneer Posts: 4,220 Forumite
    Nope definately Graham.


    See, I was just mentioning it cos heathcote only owns half his house.
  • Here it is
    Could I predict -1.5% for next year?
    I know there a factors prediciting a modest fall of 5% for the next year, but putting -1.5% would figure in my thoughts that were pretty much in a stagnant period.

    Just asked Cleaver to update with the 2011 predictions
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    geneer wrote: »
    See, I was just mentioning it cos heathcote only owns half his house.

    Is that more or less of a house than you own then. ;)
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    edited 29 September 2011 at 12:18PM
    geneer wrote: »
    See, I was just mentioning it cos heathcote only owns half his house.

    You inferred that I was incorrect as I "may" be thinking of another poster.
    I don't judge whether part ownership is a good or a bad thing.

    If anything I have said it's positive as it means their further along the road to eventual ownership than a simple renter
    It's normally cheaper to buy a percentage of a shared ownership property, than it is to rent the same house. Mortgage plus rent is often a good 20-40% cheaper per month than simple rent.

    Not true in all cases, but in most cases it's true.

    So this allows you to have a better standard of living, or allows you to save more each month, compared to renting.

    I'm not aware of the details but this makes sense.

    In my experience buying is cheaper than renting so if your part buying, your moving further alone the scale between renting and buying and as such the benefits of being an owner.
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • geneer
    geneer Posts: 4,220 Forumite
    Is it the end of the year yet?
    What happened in last years 2nd half figures?
    How will that affect the YOY percentage?

    As I noted just a few posts up from yours it is not.
    See you in february then? ;)

    Still, strange that one minute you can be telling us how comfortable you are, then the next telling us theres still everything to play for.

    Actually I do believe the LR figures are the most complete.
    I don't run or change my position to suit unlike some.

    Which is why I found it strange that you spend a wee bit of time poo-poohing the relevant of the UK Land reg averages, whilst simply infering that the UK Nationwide averages made you feel warm and fuzzy.
    Just so your clear, I'll go pull out the 2011 prediciton thread so you understand the terms of the prediction.
    We'll see how yours fits in there as well.

    Knock yourself out.
    It clearly matters to you.
  • geneer wrote: »
    As I noted just a few posts up from yours it is not.
    See you in february then? ;)

    Still, strange that one minute you can be telling us how comfortable you are, then the next telling us theres still everything to play for.




    Which is why I found it strange that you spend a wee bit of time poo-poohing the relevant of the UK Land reg averages, whilst simply infering that the UK Nationwide averages made you feel warm and fuzzy.



    Knock yourself out.
    It clearly matters to you.

    What the hell are you on about?
    Your clearly in a world of your own

    Where have I "poo-poohed" the relevance of the UK Land Reg averages?
    I have on many occasions stated it's one index and if your serious about understanding property values, you need to have a much more local, focussed review of yourlocal market.

    As the latest LR figures show, the average is -0.3%, whilst the diferent regions varied around this.

    I clearly didn;t poo-pooh the information, I enhanced the understanding of it.
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • nembot
    nembot Posts: 1,234 Forumite
    Dan: wrote: »
    This is a joke. Can someone please tell me why house prices are the same as this time last year? According to all the advice dished out on this forum house prices were guranteed to crash - well I have been waiting over 3 years now and still nothing - thanks a bunch guys - you have cost me ££££'s

    Where's your declaration of peak prices gone from your sig?
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