Debate House Prices
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Rightmove gone very bearish?
homelessskilledworker
Posts: 1,664 Forumite
Rightmove have put up a message on facebook this morning comparing the price of a chicken to a price of a house in the last 30 years, if the price of a chicken had gone up the same as a home they would now cost £47.
I am trying to find a way of cutting and pasting so I can post it.
Looks like Rightmove have gone extreme Bearish
I am trying to find a way of cutting and pasting so I can post it.
Looks like Rightmove have gone extreme Bearish
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Comments
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I've seen house prices compared to lots of things on here - garlic, pints of milk, silver and even obscure things like income.
Chickens is a first.0 -
Would this be a 3 bed or studio chicken?0
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homelessskilledworker wrote: »Just seen one of the quotes..
"My chicken is my pension"
What would be the rental return on a chicken"?0 -
I wonder if this says more about the price of houses or the price of chickens...0
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What would be the rental return on a chicken"?
Not very much.
However the return on two chickens would be eggcelent.“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 -
JimmyTheWig wrote: »I wonder if this says more about the price of houses or the price of chickens...
Are we talking corn fed and organic here?
Still unable to cut and paste it yet0 -
homelessskilledworker wrote: »Still unable to cut and paste it yet
I think you're the only person I know of worse at computers than my mum
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Made me think of this
http://www.youtube.com/watch?v=NemkBVSnUt0:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
Not being able to read deeply into these issues of house prices, which at times are so complex that even the very learned members of this Forum disagree to agree, I posted a question earlier on a different thread and it was not answered, maybe the members thought that it was not a question for discussion I am not sure but here goes...
...House valuations these past couple of decades have, to coin a pun, had simply gone through the roof and I would like to know the answer to the following question.
Our last property was purchased in 1996 for £94,000
Then it was valued in 2009 for £325.000 finally selling at £260,000
Who or what determines the price to have rocketed by so much? A bit like the story of the chicken.
To someone like myself, it sounds rather crazy to assume that this speed in prices could have continued like this, in the end,well as we all know it went pop, was this avoidable? Thank you...0
This discussion has been closed.
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