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Debate House Prices


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Mortgage approvals for purchases up to 52,000 7% MoM 2% YoY

1235

Comments

  • Jimmy_31
    Jimmy_31 Posts: 2,170 Forumite
    HAMISH_MCTAVISH wrote: »
    That sounds like geneer.

    Anyway, probably for the best.

    He never debates, just trolls incessantly, so a bit pointless for him to be here really.

    So why are you still here ?
  • geneer
    geneer Posts: 4,220 Forumite
    Jimmy_31 wrote: »
    So why are you still here ?

    He rarely reports himself.

    In any event Hamishes comments are unsubstantiated, and incorrect. I'd thank him to avoid personal attacks in future.
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    geneer wrote: »
    He rarely reports himself.

    In any event Hamishes comments are unsubstantiated, and incorrect. I'd thank him to avoid personal attacks in future.

    That's rich. :rotfl::rotfl::rotfl:
  • geneer
    geneer Posts: 4,220 Forumite
    geneer wrote: »

    approvals.jpg

    So as stated the recent "surge" in mortgage approvals means very little other than demonstrating the propensity for spin.

    Nobody has been able to argue against this, for obvious reasons.
  • robmatic
    robmatic Posts: 1,217 Forumite
    geneer wrote: »
    So as stated the recent "surge" in mortgage approvals means very little other than demonstrating the propensity for spin.

    Nobody has been able to argue against this, for obvious reasons.

    Increasing volume of mortgage approvals -> increasing prices
    Decreasing volume of mortgage approvals -> decreasing prices
    Stagnant mortgage approvals -> ?

    It's a leading indicator, innit?
  • geneer
    geneer Posts: 4,220 Forumite
    robmatic wrote: »
    Increasing volume of mortgage approvals -> increasing prices
    Decreasing volume of mortgage approvals -> decreasing prices
    Stagnant mortgage approvals -> ?

    It's a leading indicator, innit?


    Of course "stagnant" mortgage approvals means little change, which was in fact my point.
  • robmatic
    robmatic Posts: 1,217 Forumite
    geneer wrote: »
    Of course "stagnant" mortgage approvals means little change, which was in fact my point.

    Yup. Next leg down is taking a while, eh?
  • geneer
    geneer Posts: 4,220 Forumite
    robmatic wrote: »
    Yup. Next leg down is taking a while, eh?

    "next leg down" is not under discussion.
  • robmatic
    robmatic Posts: 1,217 Forumite
    geneer wrote: »
    "next leg down" is not under discussion.

    Don't tell me you've given up on that one!? :eek:
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 13 October 2011 at 8:56PM
    geneer wrote: »
    Hamishes comments are unsubstantiated, and incorrect. I'd thank him to avoid personal attacks in future.

    Hey, if the bridge fits......
    geneer wrote: »
    Actually, I am a bit of a troll.

    I think the term you're looking for is "self-admitted statement of fact" rather than "unsubstantiated attack". ;)
    “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”
This discussion has been closed.
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