Acadametrics: +0.6% MoM +3.7% YoY

Percy1983

HAMISH_MCTAVISH wrote: »

Excellent news for FTB-s.

Still not nearly enough of course, we need more to fuel the rampant HPI I crave to feed my greed.

Fixed that for you

Mr._Pricklepants

dryhat wrote: »

:beer: .....................

Why the new user name, naerlynew?

Cos you looked a bit like a plonker with your 100% gauranteed predictions?

HAMISH_MCTAVISH

Percy1983 wrote: »

We should prevent millions from ever buying houses, and force them to buy houses for their landlords instead. It's a price worth paying to stop HPI.

Fixed that for you as well.;)

System

Mr._Pricklepants wrote: »

Why the new user name, naerlynew?

Cos you looked a bit like a plonker with your 100% gauranteed predictions?

He also has Dribley, gave it away the other day.

moneyinmypocket

Homeowners stand to attention - with one hand in air repet we won we won.

They wanted us on the streets losing are homes - didn't happen

the_flying_pig

HAMISH_MCTAVISH wrote: »

...Don't forget house building in the UK rose every year from 2001 to 2007, and was finally starting to approach the levels required to meet housing need when the mortgage famine kicked in and reversed the trend...

this is one of the most abysmal things i've read in, oh, the last week or so.

Mr._Pricklepants

Joeskeppi wrote: »

He also has Dribley, gave it away the other day.

I'm surprised Inspector Shortchanged isn't on the case.

Percy1983

As mentioned before, with HPI kept incheck the most financially viable get the first bite of the cherry. Anybody can sort there finances and buy.

With rampant HPI, the earliest born get the first bite of the cherry.

Can you honestly say rampant HPI is fair?

I know you start getting the shakes without HPI, but is that addicition really blinding you so much?

moneyinmypocket

Percy tell you what - any profit you make on you're house give it to some charity

Percy1983

moneyinmypocket wrote: »

Percy tell you what - any profit you make on you're house give it to some charity

There is one problem with that idea, now I am in the game I can't change the games rules.

IE. (using round figures).

I have bought now at £100k but really want a bigger house at £200k (not the reality but for the example).

Now say in 10 years prices double (some on here would love that).

So now my house is worth £200k but the house I want is now £400k.

Now as much as I would love to give that £100k to charity as I haven't done anything to deserve it, the problem is the house I want to buy has £200k HPI on it which the owners have done nothing to earn.

So without putting myself into financial trouble I will have to offset the £100k I have done nothing to earn against the £200k the owners of the house I want to be have done nothing to earn.

But all this does is make my moving price bigger and prices out yet more of the young.

This is why I don't want rampant HPI, I am more than happy for prices to slowy increase in line with wages (stay the same in real terms) as this won't hurt anybody.