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Debate House Prices


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Rightmove October - House Price resurgance gathers pace, London up MASSIVE 10%

135

Comments

  • Sibley
    Sibley Posts: 1,557 Forumite
    Ninth Anniversary Combo Breaker
    I'm really looking forward to when Hamish unveils the 2013 predictions thread at Christmas.

    Do you remember all those idiots laughing at me when I said prices would be up 18% YOY?

    This is the reason I own a house and you rent.
    Learn with Sibley.

    I'm never wrong am I?
    We love Sarah O Grady
  • Road_Hog
    Road_Hog Posts: 2,749 Forumite
    1,000 Posts Combo Breaker
    setmefree2 wrote: »
    I don't know of any other city like this in the uk?

    The population of London is only 45% white British. That means that there is more Johnny foreigner than indigenous population.

    London is not really like the rest of Britain.
  • Sibley
    Sibley Posts: 1,557 Forumite
    Ninth Anniversary Combo Breaker
    I've just taken a look over on HPC...

    House prices still dropping in Bruce Spanners area...
    We love Sarah O Grady
  • MrRee_2
    MrRee_2 Posts: 2,389 Forumite
    Is HPC still going? Surely they will throw the towel in soon - or they are madder than I thought them! ..... isn't it sweet seeing them dying on their collective swords? :-)
    Bringing Happiness where there is Gloom!
  • System
    System Posts: 178,377 Community Admin
    10,000 Posts Photogenic Name Dropper
    Just spotted this little gem on the express news comments
    Average house price £252,481, average wage £25000. So, the average house price is 10 times the average salary. The long term average ratio is around 3.5 and we're told there is no bubble? Hmm!
    :laugh:
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • MrRee_2
    MrRee_2 Posts: 2,389 Forumite
    Come on .... I cannot believe anyone can live on £25,000! There's plenty of work not declared, plenty of earnings not listed, plenty of black market goings on .........

    A young couple are going to be on £35,000 each, that's £70,000 x 3.5 multiple = £245,000 ...... £25,000 gift from Mum and Dad, £10,000 savings and you can quite easily see that it all adds up perfectly.
    Bringing Happiness where there is Gloom!
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Joeskeppi wrote: »
    Just spotted this little gem on the express news comments


    :laugh:

    I'm not sure I get why it's a gem or what's so funny about it?
  • Joeskeppi wrote: »
    Just spotted this little gem on the express news comments


    :laugh:

    Priceless. :rotfl:
    “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”
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    I'm not sure I get why it's a gem or what's so funny about it?

    They're laughing at the majority of the population who aren't as well off as they are.

    Which says a lot about them, and very little about the people they are poking fun at.
  • I'm not sure I get why it's a gem or what's so funny about it?

    It's such a gem that you could have posted it. Can you assure us that you don't make comment on Express articles?
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