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Debate House Prices


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House Prices Rising

245678

Comments

  • Batchy
    Batchy Posts: 1,632 Forumite
    Cool.

    Time to remortgage while values are high and fixed rate just ended.

    Check, rates are worse than the one I currently have, so I think ill stick around with this one for a bit.

    Fortunately to remortgage, you dont have to find a buyer, of which there are no buyers at the moment!
    Plan
    1) Get most competitive Lifetime Mortgage (Done)
    2) Make healthy savings, spend wisely (Doing)
    3) Ensure healthy pension fund - (Doing)
    4) Ensure house is nice, suitable, safe, and located - (Done)
    5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)
  • Batchy
    Batchy Posts: 1,632 Forumite
    chewmylegoff wrote: »
    yes but as the housing market traditionally increases in the first half and falls back in the second half, it is in any way valid to compare its performance in the first half to "alternative stores of value" which do not follow the same seasonal pattern?

    the prediction for the year from the same source in the same article is +3% which is roughly in line with general inflation.

    so in other words "house prices flat in real terms".

    i wonder if you would get similarly excited about the price milk remaining stable in real terms?

    Milk has remained stable, however, this has caused farmers to be put out of business while super markets make an easy killing.
    Plan
    1) Get most competitive Lifetime Mortgage (Done)
    2) Make healthy savings, spend wisely (Doing)
    3) Ensure healthy pension fund - (Doing)
    4) Ensure house is nice, suitable, safe, and located - (Done)
    5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)
  • the_flying_pig
    the_flying_pig Posts: 2,349 Forumite
    good old stuey. his 'portfolio' must be worth about a squillion pillion quid by now.
    FACT.
  • angrypirate
    angrypirate Posts: 1,151 Forumite
    Averaging various indicies you can manipulate the results to show anything you want. I notice there is no detail on how the various indicies are averaged. I also notice that Assetz have a vested interest in drumming up investors in property. They are hardly going to advertise investments are dropping
  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Stuart Law - The man who said House prices rose in 2008 :rotfl:
  • CRASH_BANG_WALLOP
    CRASH_BANG_WALLOP Posts: 661 Forumite
    mystic_trev wrote: »
    Stuart Law - The man who said House prices rose in 2008 :rotfl:

    that ramper Stuart Law from Assetz? hamish have some FAIL
    Maidstone Prices - average reductions at 8.5% (£19,668) Feb 2012 - We thought the dudes were not allowed to drop prices?
  • the_flying_pig
    the_flying_pig Posts: 2,349 Forumite
    mystic_trev wrote: »
    Stuart Law - The man who said House prices rose in 2008 :rotfl:

    they did.

    well, certainly if you use one of Assetz' patented indices they did.

    this article tells you all you need to know about assetz' integrity... rampers par excellence.
    FACT.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    the_flying_pig wrote: »
    rampers par excellence.

    And yet significantly better at predicting UK house prices than the crash-rampers on these boards. :)
    “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”
  • Sibley
    Sibley Posts: 1,557 Forumite
    Ninth Anniversary Combo Breaker
    I hardly look on these boards anymore.

    Think its pretty obvious things are stagnant until banks free up lending then its anyones guess how far they will rise.

    Glad my old friends at HPC are twisted up. I'll go and look now....haha
    We love Sarah O Grady
  • crash123
    crash123 Posts: 399 Forumite
    Hamish I thought Nationwide was your preferred index?
This discussion has been closed.
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