Kaboom. Another bull meme obliterated.

julieq

Do you want to back that suggestion up by finding a quote where a bull has said anything of the sort Geneer?

Or is it just the voices in your head again?

wotsthat

geneer wrote: »

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.

I hang around here a lot. I can't remember seeing numerous bulls saying that only new build flats have fallen in price. Can you back that statement up?

Did you not read the first paragraph from the Halifax?

Houses built before 1919 have seen the largest surge in prices over the past 25 years, according to new research from Halifax. Properties built before the end of the First World War have risen by an average of 461% - equivalent to £516 per month - from £33,619 in 1986 to £188,473 in 2011. This is significantly more than the average house price increase for all properties of 357% (£449 per month).

Even taking account the 'tanking' they have still risen by more than the average house (over 25 years too - you might call that a significant trend). No wonder they are popular.

heathcote123

wotsthat wrote: »

Properties built before the end of the First World War have risen by an average of 461% - equivalent to £516 per month - from £33,619 in 1986 to £188,473 in 2011. This is significantly more than the average house price increase for all properties of 357% (£449 per month).
.

Wow, they are amazing stats. Kind of puts into perspective any gain someones going to get by waiting for 6 or more years for a 'crash'.

neverdespairgirl

StevieJ wrote: »

I think I would rather live in it than opposite it

Like the old Soviet Intourist hotels - if you staying in them, at least you couldn't see the building.

ILW

geneer wrote: »

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.

Guess you can't eat them then.

wotsthat

ILW wrote: »

Guess you can't eat them then.

Well you can but they've got quite a bitter taste.

RenovationMan

neverdespairgirl wrote: »

I'm not terribly pro new builds, myself. I rather like an absence of right angles, odd ceilings, and a friendly draught.

Don't forget the joys of knocking your head on low beams and door jams. When we first moved into our home we needed crash helmets for the first month or so. Even now if you get distracted as you walk through a door way you can come a cropper. My missus was telling her friends that she had trouble combing her hair because it was so painfull.

chucknorris

neverdespairgirl wrote: »

Like the old Soviet Intourist hotels - if you staying in them, at least you couldn't see the building.

I sometimes feel like that if I've had a particularly bad haircut

RenovationMan

julieq wrote: »

Do you want to back that suggestion up by finding a quote where a bull has said anything of the sort Geneer?

Or is it just the voices in your head again?

I wonder when we will see this quote supplied?

noodle_doodle

As pointed out in that article's comments, there's a piece on sky that says exactly the opposite

http://news.sky.com/home/business/article/16122264