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Debate House Prices
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Scottish house prices down 1.5% over the year
Graham_Devon
Posts: 58,560 Forumite
http://www.google.com/hostednews/ukpress/article/ALeqM5hQTSD5wMZ7oQ8XdmbqGxn7UxMa2g?docId=N0008971345116142307A
Prices rose most in the north of Scotland, up 3.2%
Prices fell the sharpest in Aberdeen, showing a 9.9% decline over the year.
Just an informative post!
Prices rose most in the north of Scotland, up 3.2%
Prices fell the sharpest in Aberdeen, showing a 9.9% decline over the year.
Just an informative post!
0
Comments
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Graham_Devon wrote: »Just a trolling [STRIKE]informative[/STRIKE] post!
Edinburgh average prices £291,430 - and that's down 7.1%!
In the spirit of the thread I'm sure geneer will be ok as he'll have popped in his time machine and sold out before the falls.0 -
Graham_Devon wrote: »...Prices fell the sharpest in Aberdeen, showing a 9.9% decline over the year...!
Dunno why you bothered posting that m8. There's no such thing as an 'Aberdeen housing market', rather a whole series of micro-markets. Hamish's streets are gilt edged. They've probably GAINED 9.9% in the time it took me to type this post, never mind the last year.FACT.0 -
In the spirit of the thread I'm sure geneer will be ok as he'll have popped in his time machine and sold out before the falls.
ahhh geneer, whatever happened to that guy. our very own marty mcfly...'Be not deceived; God is not mocked: for whatsoever a man soweth, that shall he also reap.'
GALATIANS 6: 7 (KJV)0 -
Registers Of Scotand (Scottish Land Registry) have Aberdeen up 6% on the same time in 2007.
So a 10% fall in a year on the "Scottish House Price Monitor" seems improbable to say the least.
As does an average price of £291,000 in Edinburgh!!!
Be interesting to know a bit more about this index though, especially their methodology? I've seen it in the press a few times, but never found a link to the index homepage.“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”0 -
Graham_Devon wrote: »http://www.google.com/hostednews/ukpress/article/ALeqM5hQTSD5wMZ7oQ8XdmbqGxn7UxMa2g?docId=N0008971345116142307A
Prices rose most in the north of Scotland, up 3.2%
Prices fell the sharpest in Aberdeen, showing a 9.9% decline over the year.
Just an informative post!
Interesting. :beer:
Mind you, 23.864% of Aberdeen homeowners have paid off their mortgages. Compared to those who rent in Aberdeen, these people are amazing, and very, very wealthy. Had they bought gold 5 years ago, they'd now be bankrupt and homeless.
30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0 -
It also claims that "average house prices are now 95% of their peak of four years ago."
I'd be surprised if that was the case as a Scottish average.“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”0 -
HAMISH_MCTAVISH wrote: »Registers Of Scotand (Scottish Land Registry) have Aberdeen up 6% on the same time in 2007.
So a 10% fall in a year on the "Scottish House Price Monitor" seems improbable to say the least.
As does an average price of £291,000 in Edinburgh!!!
Be interesting to know a bit more about this index though, especially their methodology? I've seen it in the press a few times, but never found a link to the index homepage.
Haven't read it but it only took about 6 seconds to find this:
http://www.lloydsbankinggroup.com/media1/press_releases/2012_press_release_brands/bos/1708_housing.asp
http://www.lloydsbankinggroup.com/media/pdfs/bos/2012/1708Scottishhousing.pdf
Doesnt look like there is a huge amount of info available...0 -
RUN_RABBIT_RUN wrote: »ahhh geneer, whatever happened to that guy. our very own marty mcfly...
I think his wife told him not to be do rude to other people and do more of the washing up. She might let him back online next year if he is good.Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
HAMISH_MCTAVISH wrote: »Registers Of Scotand (Scottish Land Registry) have Aberdeen up 6% on the same time in 2007.
So a 10% fall in a year on the "Scottish House Price Monitor" seems improbable to say the least.
As does an average price of £291,000 in Edinburgh!!!
Be interesting to know a bit more about this index though, especially their methodology? I've seen it in the press a few times, but never found a link to the index homepage.
I thought it may well be wrong!0 -
Graham_Devon wrote: »I thought it may well be wrong!
Hmmm, don't know about wrong, I suppose all data tells you something...... but this one certainly feels a bit weird.
That average price for Edinburgh is around 60K higher than ROS have it, for example, and vastly higher than seems credible as a genuine market average.“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”0
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