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Debate House Prices
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increases expectations that house prices will drop
Comments
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HAMISH_MCTAVISH wrote: »Ahem......
https://forums.moneysavingexpert.com/discussion/1929789
http://forums.moneysavingexpert.com/showpost.php?p=36248003&postcount=284
Now lets see, I was within 0.08% a year later, you were wrong by 15%.
Remind me again Brit, which one of us has better predictive abilities?
Erm...quick ready reckoner on that one Hamish.
hands up who bought weeks before a house price crash kicked off.
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HAMISH_MCTAVISH wrote: »Ahem......
https://forums.moneysavingexpert.com/discussion/1929789
http://forums.moneysavingexpert.com/showpost.php?p=36248003&postcount=284
Now lets see, I was within 0.08% a year later, you were wrong by 15%.
Remind me again Brit, which one of us has better predictive abilities?
You didn't predict the housing crash.
Up above house prices have fallen from then despite the interest rate cut and dead cat bounce.
However what do you think prices will be in mid 2012?
Are you going to say up or down and by how much?:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
Save our Savers
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what do you think prices will be in mid 2012?
Little changed, within a few percent either way. So neither a crash nor a boom in the immediate future.Are you going to say up or down and by how much?
Yes.
In my 2012 predictions thread.
But you'll have to wait 6 weeks or so to see it.;)“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 -
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Give us a link so that we can confirm that on Houseprices.co.uk
http://www.houseprices.co.uk/
(But I warn you if it is anywhere near where Jimmy 31 lives then you should also invest in a flack jacket, personal accident insurance, iron bars for the downstairs windows, an armoured car and a panic room).
Unless you have lived in the area all your life and then none of the stuff you mention is needed.
I would advise people against moving to a rough area if they are not from a rough area themselves as it can be quite a shock to the system. I have a few customers who live on the boom new build estates in my area and they say they dont know what they were thinking when they chose to live in this area.
I dont know wether you are aware of the fact that criminals from rough areas often choose to operate in the nicer areas ?0 -
You didn't predict the housing crash.
Up above house prices have fallen from then despite the interest rate cut and dead cat bounce.
However what do you think prices will be in mid 2012?
Are you going to say up or down and by how much?
They could fall 50% next month,and you'd still find an excuse not to buy.
It must be nigh on 8+yrs you've been waiting,it'll never happen for you.Official MR B fan club,dont go............................0 -
HAMISH_MCTAVISH wrote: »
Remind me again Brit, which one of us has better predictive abilities?
You got lucky with another hindsight argument.
Put your money where your mouth is. Buy that BTL you keep putting off. We might then start to take you seriously.0 -
Graham_Devon wrote: »You got lucky with another hindsight argument.
Put your money where your mouth is. Buy that BTL you keep putting off. We might then start to take you seriously.
Shame that Hamish seems to get it right when you and Brit seem to constantly get it wrong.
50% down by Christmas 2009 has to be one of the all time classic fails.
As for taking BTL seriously, that's something I've been doing for the past few years. Healthy price rises coupled by rental yield of 7%.
You should try it...
:rotfl:0
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