You lot are slow today - Halifax +2.2%

chewmylegoff

Rinoa wrote: »

And adjusting for RPI, anyone borrowing say £200,000 3 years ago, only has to pay back around £175,000 in real terms.

i'm a cash buyer, innit.

RUN_RABBIT_RUN

malkie76 wrote: »

I struggle on this forum sometimes. A 0.1% drop apparently is indicative of a massive impending crash and we're all doomed (last month), yet a 2.2% rise is evidence of stagnation and a drop in real terms.

Could it be that people are foaming at the mouth over minor changes which overall (ie 25 years) are somewhat irrelevant.

no, its just that the more reasonable posters see the 2.2% month on month rise for what it is and the village idiots see a 0.1% month drop as armaggedon

heathcote123

homelessskilledworker wrote: »

Thats a different take on it Hamish:)

So those that are just in the property game for speculative gains are a decade later onto a good thing with zero returns on their investment.

Do you really believe that:)

You know all that rent you've been paying for the last 10 years?

That was the return. You just didn't realise it.

ruggedtoast

Houses round my way are selling like hot cakes, and at high prices too.
:beer:

DervProf

HAMISH_MCTAVISH wrote: »

timber!!!

Hamish has wood ?

Blacklight

This jump has highlighed an interesting disparity between the behaviour of certain folk. Here's what people had to say when there was a negative anomoly:

sarkin1

OMG
!!!!!!

Stagnant my arsse

Like Benitez, me I am more of an Alex Ferguson

Gooaaaaaaaaaaaaaaaaaaallllllllllllllllllllllllllll llllllllllllllllllll

brit1234

I heard the unseasonal adjusted figures were -50% by Christmas

Henry P Chester

Super news though. Looks like those HPC !!!!!s are right after all. I think every owes them an apology

dopester

Burn baby burn

doire

Wow!!!!!!!!!!!!!!!!!!!! :T:T:T Brilliant news

Graham

PMSL

Thats huge!! I'm damn well going to enjoy the smug feeling

Carl31

heathcote123 wrote: »

You know all that rent you've been paying for the last 10 years?

That was the return. You just didn't realise it.

Thats not a return, the return is the residual income after the cost is deducted. Rents paid would cover the capital invested, plus (ideally) any interest cost, maintenance cost, and replacement cost of any furnishings, the rise in value of the property would be your return, plus a small amount form any excess from the above (if any)

HAMISH_MCTAVISH

Carl31 wrote: »

the return is the residual income after the cost is deducted.

PLUS equity built.;)

After 25 years, someone else bought you a house.

And paid you a bit on top for the privilege of doing so.

Very nice of them too, I may add.

DaddyBear

HAMISH_MCTAVISH wrote: »

PLUS equity built.;)

After 25 years, someone else bought you a house.

And paid you a bit on top for the privilege of doing so.

Very nice of them too, I may add.

Not if you have an interest only mortgage in a market showing a stagnating to downward trend.

the_flying_pig

HAMISH_MCTAVISH wrote: »

PLUS equity built.;)

After 25 years, someone else bought you a house.

And paid you a bit on top for the privilege of doing so.

Very nice of them too, I may add.

H

you're obsessed with BTL, literally obsessed. you seem to love it, to be one of its biggest advocates on the planet. yet in middle age you've never [AFAIK] owned one. i'm struggling to square this circle, any insights?