The inevitable fall in house prices will cost us dear

chewmylegoff

Graham_Devon wrote: »

Fair enough. I'm wrong then.

As is Blanchflower.

As is our accountant who expressed our average profit rate over the last 3 years.

That's because average profit % and average profit growth rate are two different things.

OffGridLiving

LOL, this thread had me laughing. Once again Graham shows his intellect. I find it amazing that he keeps making the same basic mistakes and still stands and spouts his nonsense with the arrogance of a financial genius.

Cue another 20 page thread where people explain the most basic thing to him as he constantly does not get it. I used to think that he did it on purpose, 'muddling' the thread because the things he did't understood were so elementary that a 5 year old could understand it. However I now realise that he's really really dim.

Serious question for Graham. Are you on the spectrum? It would explain a lot and to be honest, people would be a lot more forgiving if you said you were. I know I would.

John1993_2

Graham_Devon wrote: »

You got your sums wrong.

Q4 1994 - £62,066
Q4 2004 - £161,288

Percentage change per year = 15.99%

An average annual growth rate of 9.95% would put prices in 2004 at around £126,000

If you are going to criticise others' maths, can you PLEASE get sommeone who understands numbers to help you with yours first?

John1993_2

Graham_Devon wrote: »

Fair enough. I'm wrong then.

As is Blanchflower.

As is our accountant who expressed our average profit rate over the last 3 years.

Do you apply your same bizarre maths to APRs then?

K.Morrisy

ILW wrote: »

London does virtualy pay the rest of the UKs bills though.

The government virtually pays most of Londons rents with housing benefit.

ukcarper

K.Morrisy wrote: »

The government virtually pays most of Londons rents with housing benefit.

Have you got the figures to back that up.

wotsthat

Graham_Devon wrote: »

I don't think I'm digging a hole here, as I've seen it expressed this way on numerous financials.

History suggests that when you find yourself in a hole you keep digging...

When will you ever learn that people like Blanchflower are media !!!!!s who love the limelight. The media love them too because they've got something interesting to say not because what they're saying is correct. The media lead a gullible public by the snout - it doesn't have to be like that.

Got to admire your bottle though. Not many people with your suspect maths would rush in like a bull in a China shop to call out someone who has a long history of supporting his arguments with numbers.

Loughton_Monkey

K.Morrisy wrote: »

The government virtually pays most of Londons rents with housing benefit.

Let me correct that....

The [STRIKE]government [/STRIKE] taxpayer virtually pays most of Londons rents with housing benefit.

Conrad

Blanchflower is another Will Hutton muppet, utterly clueless and getting away with it time and again, even pocketing a nice lecturing salary.

He simply fails to spot we're in an unprecedented prosperity expansion era as I am at pains to keep pointing out.

Enterprise has been set free thanks to dozens of Tory initiatives and the dismantling of Labours enterprise crushing regulations that lead to small business people like me not wanting to indulge in Russian roulette with employment tribunals.

British Embassy's are now show rooms.
Cameron sells Britain when abroad as opposed to Browns non productive grand standing.
Exports at record levels.
British University R &D is now properly tied to British enterprise.
The message has gone out that it's no longer acceptable to be on bennies unless you are truly needy - this will lead to many finding the dignity of work once more, which truly is a progressive policy, far preferable to Labours corrosive hand-out culture, where the way to more income is to having babies and making bad choices.

WAGES - firstly I believe incomes are under reported and secondly the consumer is now an adept bargain hunter so it was inevitable incomes would fall to reflect this. The answer to this is the spreading of the enterprise culture and workers becoming in ever higher demand. More people in work than ever before.

Mr._Pricklepants

* sniggers *

this is a funny thread