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Debate House Prices
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Halifax July +0.9% MoM +4.6% YoY
Comments
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No idea, hope that you get your well deserved promotion in the Grammer Police ranks. You have a bright future ahead of you.
No promotion yet sadly, but perhaps I might get one by noting that even after your edit, your "higher than most" intelligence still hasn't got it right.
It's not our fault we have more experienced and are more intelligent than most on here.• The rich buy assets.
• The poor only have expenses.
• The middle class buy liabilities they think are assets.0 -
Is the 70% club still going? Asking for a friend.0
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Interesting to see quite a few comebacks linked with the increase in 'good news' stories bounding about at the moment.0
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Have some people suddenly found their pieces of scrap paper with their MSE passwords on?0
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Is the 70% club still going? Asking for a friend.
Well it's gone through a few changes.
It's gone from the the 70% (nominal) club then had to rename to the 70% (real terms) club, 50% (nominal) club, 50% (real terms) club, the still not rising with inflation club and currently the rising by more than inflation but less than long term trends club.
Within a couple of years the club's gone from predicting a 70% nominal crash to a housing bubble.0 -
Well it's gone through a few changes.
It's gone from the the 70% (nominal) club then had to rename to the 70% (real terms) club, 50% (nominal) club, 50% (real terms) club, the still not rising with inflation club and currently the rising by more than inflation but less than long term trends club.
Within a couple of years the club's gone from predicting a 70% nominal crash to a housing bubble.
LOL.
Macaque is still posting but notice he no longer has the 70% club signature anymore:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
shortchanged wrote: »Interesting to see quite a few comebacks linked with the increase in 'good news' stories bounding about at the moment.
Well I can only speak for myself, but a year or two ago I figured the best thing to do was to stop arguing with bears of one idea about what was going to happen and come back when it had.
As I said, if the market was stable during some of the worst crises in history, including a long term and continuing eurozone depression, house prices were only going to go one way when deposits were finally saved and things were going better economically. The supply/demand equation only ever leads to increases in the cost of housing here UNLESS we build a lot more homes.0 -
Well I can only speak for myself, but a year or two ago I figured the best thing to do was to stop arguing with bears of one idea about what was going to happen and come back when it had.
As I said, if the market was stable during some of the worst crises in history, including a long term and continuing eurozone depression, house prices were only going to go one way when deposits were finally saved and things were going better economically. The supply/demand equation only ever leads to increases in the cost of housing here UNLESS we build a lot more homes.
That's fine julieq, but seeing as house price growth is still very heavily dependent on all the schemes such as FFL, help to buy etc etc.
Do you think we would be seeing the figures bounding about now without all these schemes?0 -
Well I can only speak for myself, but a year or two ago I figured the best thing to do was to stop arguing with bears of one idea about what was going to happen and come back when it had.
As I said, if the market was stable during some of the worst crises in history, including a long term and continuing eurozone depression, house prices were only going to go one way when deposits were finally saved and things were going better economically. The supply/demand equation only ever leads to increases in the cost of housing here UNLESS we build a lot more homes.
Deposits haven't come back.
A scheme to remove the need for the bulk of a deposit has been created instead.0
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