Debate House Prices


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Kaboom. Another bull meme obliterated.

1246712

Comments

  • System
    System Posts: 178,353 Community Admin
    10,000 Posts Photogenic Name Dropper
    Cleaver wrote: »
    I do actually own some skinny jeans

    You're dead to me.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Joeskeppi wrote: »
    You're dead to me.

    I never said that I fit in them.
  • geneer
    geneer Posts: 4,220 Forumite
    wotsthat wrote: »
    You know that bull meme? Well it wasn't obliterated quite as comprehensively as you thought.

    Here's the press release from Halifax

    http://www.lloydsbankinggroup.com/media/pdfs/halifax/2011/021211pre_ww1_homes.pdf



    and here's the bit that was paraphrased by your article



    Nothing like a little context is there?

    Halifax obviously expect a higher IQ of reader - they didn't feel the need to explain that Victorian and Georgian houses were built before 1919 like Yahoo.

    erm thanks for linking the original press release.

    I hope you have more of a point than that you knew victorian and georgian houses were built before 1919.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    geneer wrote: »
    erm thanks for linking the original press release.

    I hope you have more of a point than that you knew victorian and georgian houses were built before 1919.

    Houses that went up by more than average came down by more than average. It's not so much a point as an observation.

    Maybe you could explain how a bull meme has been obliterated on the basis of this rather dry fact. You'll have to be gentle because I still don't know what a meme is.
  • ILW
    ILW Posts: 18,333 Forumite
    What is a meme? Can you eat them?
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    ILW wrote: »
    What is a meme? Can you eat them?

    I think it's like an Eider Duck.
  • heathcote123
    heathcote123 Posts: 1,133 Forumite
    Do you think he speaks like that in real life?
    .


    :rotfl::rotfl::rotfl: Yes, actually. And he still wonders why they all go a bit quiet by the photocopier when he wanders over....
  • I must admit that the only rants that I remember about new builds have come from Bears, so I have to agree that if a meme was obliterated it was a bear not a bull one.


    I'm not terribly pro new builds, myself. I rather like an absence of right angles, odd ceilings, and a friendly draught.
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • geneer
    geneer Posts: 4,220 Forumite
    edited 5 December 2011 at 9:20PM
    ILW wrote: »
    What is a meme? Can you eat them?



    A meme:
    • An element of a culture or behavior that may be passed from one individual to another by nongenetic means, esp. imitation.
    As in thoughtlessly magpied "arguments" lifted from press releases and VI newspaper columns, then endlessly regurgitated by Bulls on internet forums.
    Simples.
  • geneer
    geneer Posts: 4,220 Forumite
    edited 5 December 2011 at 9:21PM
    wotsthat wrote: »
    Houses that went up by more than average came down by more than average. It's not so much a point as an observation.

    Maybe you could explain how a bull meme has been obliterated on the basis of this rather dry fact. You'll have to be gentle because I still don't know what a meme is.

    Well wotsits it been a long held bullish understanding that certain types of properties have held their value in the years after the crash they failed to see coming. Thus the numerous repeated assertions that the crash has only effected new build flats in crappy neighbourhoods etc.

    Turns out that large period properties, surely part of that mystical unaffected property band so worshipped by the bulls, have been tanking in a fairly significant fashion.

    Thanks for asking. Always good to clear these things up.
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