Debate House Prices


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ONS - House prices up 1.1%, new build and London up 5%

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Comments

  • Can't be, because our resident expert said this yesterday:
    Prices are not going up!

    Where did you get that from?

    :rotfl:
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    That's the second index to go year on year positive recently.

    +1.1% month on month. +1.4% Year on year.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • nollag2006
    nollag2006 Posts: 2,638 Forumite
    Looks like my prediction for London of a flat first half of the year, and up 5-8% for 2012 overall is coming good.

    Ooooh, I am good
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    This is dreadful news for hard pushed renting families who can only look on in disbelief as a long term home is pushed ever further out of their reach.

    Truly Britain is the land of the rich rinsing the poor and those who celebrate this news should hang their heads in shame at their own venal iniquity.

    Unless we are specifically talking about my house, which looks like a cannier investment by the day.
  • Can't be, because our resident expert said this yesterday:



    :rotfl:



    I am not going to get involved in a bun fight with trolls:)

    The fact is the main indicies that 99% of the population recognize are

    1. Land Registery
    2. Halifax
    3. Nationwide
    4. RICS
    5. Rightmove(asking prices)

    6. The Government one(no idea what it is called), I bet 80% of the public have never heard of it, but thats your postive one.

    I am not trying to win a battle here, I am just stating facts that just about ALL the mainstream indicies are showing falls.

    So you come come up with as many of your Walt Disney houseprice index's as you want:)
  • nollag2006
    nollag2006 Posts: 2,638 Forumite
    This is dreadful news for hard pushed renting families who can only look on in disbelief as a long term home is pushed ever further out of their reach.

    Truly Britain is the land of the rich rinsing the poor and those who celebrate this news should hang their heads in shame at their own venal iniquity.

    A bit rich coming from the bears, who have been cheering on the prospect of mass unemployment, negative equity, and financial catastrophe for so many hard working families who have invested in buying their own homes.

    Lovely to see the smile wiped off your bearish little faces now

    :rotfl:
  • System
    System Posts: 178,301 Community Admin
    10,000 Posts Photogenic Name Dropper
    I'd wager less than 10% of the population recognise any of them at all, but then I'm not sure how the popularity of an index has any indication of it's accuracy anyway.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Fantastic news, beers all round
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    I am not going to get involved in a bun fight with trolls:)

    The fact is the main indicies that 99% of the population recognize are

    1. Land Registery
    2. Halifax
    3. Nationwide
    4. RICS
    5. Rightmove(asking prices)

    6. The Government one(no idea what it is called), I bet 80% of the public have never heard of it, but thats your postive one.

    I am not trying to win a battle here, I am just stating facts that just about ALL the mainstream indicies are showing falls.

    So you come come up with as many of your Walt Disney houseprice index's as you want:)

    You've never heard of the Office for National Statistics?
  • Are you still living with your sister Turnbull?

    Stop trolling please.
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