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Debate House Prices


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Halifax... Down -2.4% for April

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Comments

  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    mcc100 wrote: »
    Yes, they are there to assist the economy (supposedly) but the knock on effect is that they are keeping house prices high.
    How come most other major economies lowered rates, was that to "sustain their high house prices high too"?
  • mcc100
    mcc100 Posts: 624 Forumite
    Part of the Furniture 500 Posts Name Dropper
    RenovationMan wrote: »
    And yet it was such rocket science that you crashers didn't expect it. You all thought the government would simply stand back and watch the carnage.

    Who are you crashers ? I doubt whether anyone would have predicted record low interest rates for over 3 years .....
  • mcc100
    mcc100 Posts: 624 Forumite
    Part of the Furniture 500 Posts Name Dropper
    chucky wrote: »
    How come most other major economies lowered rates, was that to "sustain their high house prices high too"?

    I haven't said they lowered rates to 'sustain high house prices'.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 4 May 2012 at 10:39PM
    mcc100 wrote: »
    I haven't said they lowered rates to 'sustain high house prices'.
    Ok, that's fine. Best you argue that one with that Devon bloke. He's saying otherwise. Good luck with that, you may need to break it down very simply for him.

    Good to see that you've snookered yourself though.
  • mcc100
    mcc100 Posts: 624 Forumite
    Part of the Furniture 500 Posts Name Dropper
    chucky wrote: »
    Ok! Good, that's fine. Best you argue that one with that Devon bloke. He's saying otherwise. Good luck with that, you may need to break it down very simply for him.

    Good to see that you've snookered yourself.

    :wall::wall::wall:
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    mcc100 wrote: »
    :wall::wall::wall:
    As I said, good to see you snookered yourself quite nicely. Your intelligent and well thought out reply proved that point.
  • mcc100
    mcc100 Posts: 624 Forumite
    Part of the Furniture 500 Posts Name Dropper
    chucky wrote: »
    As I said, good to see you snookered yourself quite nicely. Your intelligent and well thought out reply proved that point.

    If you read my posts carefully you will see that you have mis-quoted and twisted my comments ..... whether that is deliberate or not only you will know.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    mcc100 wrote: »
    If you read my posts carefully you will see that you have mis-quoted and twisted my comments ..... whether that is deliberate or not only you will know.
    Oh it's my fault of course, rather than you're very basic understanding is to blame.

    Quote:
    Originally Posted by mcc100
    It's hardly rocket science ......... record low interest rates for over three years are a major factor in sustaining high house prices.

    Obviously, every country in the world that has record low interest rates has done it to sustain high house prices.

    Can you not see you make no sense at all and contradict yourself?
  • Blacklight
    Blacklight Posts: 1,565 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    About time, I've been waiting for some decent falls so I can pick up a cheap btl. Rises are just around the corner.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Year-on-year down 0.5%. The Halifax seems to be a particularly noisy figure on a month-by-month basis at the moment.
This discussion has been closed.
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