House prices up 1 percent in June - Halifax

madnessofBruno

PleasureOfHomeownership wrote: »

We have officially entered the end game for anyone still delusioned enough to think that prices will half, crash, or fall. With this return to large back-to-back monthly house price RISES now is the time to swallow your pride and delusions and finally grow a pair and buy, or forever rent payin off someone else's mortgage for them. End your renting misery, quit putting your life on hold, and get on with enjoying life and the simple pleasures of home ownership.

New sockie, please click the spam button.

System

mr_fishbulb wrote: »

It does have the reputation of being a bit nutty over there.

The strange thing is the "bulls" on this forum are constantly referencing it, but the "bears" don't seem to give a crap about it.

It always gets mentioned when there is a thread about house prices going up. The process seems to be:

1 - Link to positive HPI news gets posted here.
2 - Lots of :T / :beer: / :j emoticons get posted.
3 - Someone mentions hpc and uses this - :rotfl:
4 - A brand new user signs up with a name like ILoveHouses and posts on the board which would have previously been invisible to them (as it's hidden unless you are a MSE member).
5 - People try and guess who they are.
6 - Someone calls for Brit1234 to update their signature.
7 - Thread descends into name calling.

All so true

abaxas

Is the regional bit out yet?

Just curious if this is another 'posh London' + 17%, rest flat situation.

James_N

nollag2006 wrote: »

This is true, but to be honest my own experience of BTL has been relatively painless. I have good tenants and the flats are well maintained, so its been a lot less stressful that monitoring a stock market portfolio on a day by day basis.

Plus the income yields are much better and reliable than almost any stock, and roll in on a monthly (rather than annual) basis

Boy am I glad I have a small portfolio of BTL to offset the failing pension pot I have paid into these last 30 years.

Sibley

Great news for me.
Anything where prices rise and mortgage rates drop is welcome news.

Happy dayzzzz

HAMISH_MCTAVISH

Excellent news.

Sibley

I love the way HPC have started not making threads with any good news index rises.....

Deal with it lads. Post her up..........:rotfl:

nollag2006

Wonderful news

Halifax, Land Registry, Rightmove, Zoopla, Mouseprice, etc etc all postive, with the honourable exception of the Nationwide which showed a one off miniscule dip.

Looks like I may have to start adding the change in inidices to my siggy now.

Sibley

I think I might set the world record on the Daily Mail website today for most red ticks....I've given the HPC lot a kick in the gonads.....:A

nollag2006

Sibley wrote: »

I think I might set the world record on the Daily Mail website today for most red ticks....I've given the HPC lot a kick in the gonads.....:A

Good to hear ! They must be livid

Do you have a link, so we can all join in laughing at the doom-mongers?