Guardian: House Prices Fall 0.9% In november

FTBFun

My ignore list is starting to fill up nicely.

marlonthemagnificent

Grandstand_Frank wrote: »

In your dreams, young man...in your dreams :rotfl:

yep. afraid so. and i'm in my 40's...so not so young

sold up in 2007. having bought my first place in 1994.

had 280,000 in equity

put the lot into gold and silver...took a massive gamble and it paid off

i'll retire at 50

how about you?

Road_Hog

marlonthemagnificent wrote: »

yep. afraid so. and i'm in my 40's...so not so young

sold up in 2007. having bought my first place in 1994.

had 280,000 in equity

put the lot into gold and silver...took a massive gamble and it paid off

i'll retire at 50

how about you?

It would seem that you have a lucrative career ahead as a comedian, with these sort of posts.

robmatic

FTBFun wrote: »

My ignore list is starting to fill up nicely.

Actually, that ignore function is pretty handy. I'll have to add a silversockie to it every day or so but it's probably worth it.

geneer

RenovationMan wrote: »

"It said the average home is now worth £161,731, down 1% compared to November 2010. "

That fact shook me, I thought the falls were far higher than that. Is it really the case that property bears have been holding off buying a house in order to pick up a bargain in the 'housing crash' and prices are down just 1% after 12 months?

They would have paid off more than 1% off the mortgage if they had bought 12 months ago and would have saved rental costs.

It's a shame that they didn't have more financial awareness classes in schools. Hopefully Martin's campaign will help to remedy that.

Anyone else notice how bullish the self proclaimed non-bulls are getting lately.

There must be something in the air.

geneer

wotsthat wrote: »

The land registry being down 3.2% pays your rent?

How does that work - can you short the index?

Simples.

If the value of a house has fallen in the period in which you are renting, the cost of the rent will be offset by the falls when you purchase.

Thanks for asking.

geneer

robmatic wrote: »

Actually, that ignore function is pretty handy. I'll have to add a silversockie to it every day or so but it's probably worth it.

What about the Grandstand frank sockie?

robmatic

geneer wrote: »

What about the Grandstand frank sockie?

Yup, going on the ignore list.

robmatic

robmatic wrote: »

Yup, going on the ignore list.

And Sibley. This is pretty darn handy.

Graham_Devon

RenovationMan wrote: »

Is it really the case that property bears have been holding off buying a house in

No.

There are not many with the means to buy, who are holding off buying.

Many simply can't afford to. Many already have houses and don't need another.