Debate House Prices


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Property Transactions UP in January 2012

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Comments

  • DpchMd
    DpchMd Posts: 540 Forumite
    AndyGuil wrote: »
    The peak on the left is the end of the healthy market. To now it is moving down. Hope you understand the long term trend now.

    You definitely don't understand the word trend :rotfl:

    I can stop arguing with you now.
    "Beware of little expenses. A small leak will sink a great ship." - Benjamin Franklin
  • AndyGuil
    AndyGuil Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    DpchMd wrote: »
    You definitely don't understand the word trend :rotfl:

    I can stop arguing with you now.

    Perhaps it is wise to look up the period which long term applies. Nothing can be made of the short term trend when the market is vulnerable, it would be unwise, misguided and dangerous.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    AndyGuil wrote: »
    No its not. It is a long term trend, not a few months here or there. It is healthy market through to now. Trends are over years.
    Andrew, you're clutching at straws now. Let's keep it simple for you.

    Analysis of a trend is collecting data and spotting a pattern or trend over a period of time. Not just years but it could be months or quarters but any defined period of time.

    Just because years or decades fit your mindset it doesn't mean it's right. If I agreed with you, we would both be wrong.
  • Degenerate
    Degenerate Posts: 2,166 Forumite
    AndyGuil wrote: »
    Perhaps it is wise to look up the period which long term applies.

    That seems to depend very much on the personal bias of the individual and what point they are trying to prove. You can claim a long-term trend in any direction depending on where you set the start and finish points of your analysis.
  • AndyGuil
    AndyGuil Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Long term is a little more useful. The market is not getting any better is it. The house prices have also suffered greatly and the volume is still unhealthy allowing the prices to fall further. It would be interesting to see the supply volumes in comparison with this.
  • AndyGuil
    AndyGuil Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Degenerate wrote: »
    That seems to depend very much on the personal bias of the individual and what point they are trying to prove. You can claim a long-term trend in any direction depending on where you set the start and finish points of your analysis.

    Long term is 5 years and over.
  • DpchMd
    DpchMd Posts: 540 Forumite
    AndyGuil wrote: »
    Long term is 5 years and over.

    Convenient.

    So why were you so insistent that mortgage approvals would decrease in April? Seems very short-term of you.
    "Beware of little expenses. A small leak will sink a great ship." - Benjamin Franklin
  • AndyGuil
    AndyGuil Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 30 May 2012 at 8:50PM
    DpchMd wrote: »
    Convenient.

    So why were you so insistent that mortgage approvals would decrease in April? Seems very short-term of you.

    Not convenient, just a standard investment recognised period. Short, medium and long. Up to 1 year, 1-5 years and 5+ years respectively. I made referencing to April just used the words, we know where this is heading. You can't be blamed for interpretation. The market conditions are not improving.
  • Degenerate
    Degenerate Posts: 2,166 Forumite
    AndyGuil wrote: »
    Long term is 5 years and over.

    And you could still claim a trend in one direction or another just by goig back beyond 5 years to a point where the figure was higher or lower.
  • Degenerate
    Degenerate Posts: 2,166 Forumite
    AndyGuil wrote: »
    Not convenient, just a standard investment recognised period. Short, medium and long. Up to 1 year, 1-5 years and 5+ years respectively.

    Real life doesn't always correspond to "standard" periods.
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