We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Houses prices up 200 quid a day....

http://www.express.co.uk/news/property/439603/House-prices-rising-200-a-day

Right, that's it then.
Back to where we was.

HPC cancelled. As I said at the time. My house never dropped 1 pence.

Sat it out. Won.

End of. Goodbye HPC losers. :beer:



HOUSE prices have gone up by an average 0.5 per cent this month – the ninth rise in a row – as figures today suggest confidence in the market is at its highest for years.

Homes across England and Wales are worth 3.1 per cent more than a year ago, says property analyst Hometrack.
In the past four weeks alone, the value of the average property has soared by £6,923, more than £200 a day.
A typical three-bedroom semi is now worth £252,418.
There is still such a shortage of supply – with buyers flooding the market thanks to the Government’s Help To Buy scheme – that sellers are almost always getting their asking price.
The proportion of the asking price achieved was 95.2 per cent in October, up from 94.7 per cent in September.
This is just half a percentage point off the record 95.7 per cent at the height of the property boom in 2007.
We love Sarah O Grady
«134

Comments

  • Fantastic news. On Wednesday I can grab a new iPad mini.
  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Fantastic news. On Wednesday I can grab a new iPad mini.

    Why? Can't you afford a house?
  • Perelandra
    Perelandra Posts: 1,060 Forumite
    Sibley wrote: »
    A typical three-bedroom semi is now worth £252,418.

    Not until there's a change to stamp duty, it's not! :)
  • Fantastic news. On Wednesday I can grab a new iPad mini.

    The Cooper S has a bit more 'uumph'. 0 to 60 in 7 seconds and only about £22K on the road.
  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Sibley wrote: »

    Does reading the Express have this effect on you? ;)

    91034.jpg
  • zagfles
    zagfles Posts: 21,548 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Chutzpah Haggler
    Fantastic news. On Wednesday I can grab a new iPad mini.
    :rotfl:yes, some people really are stupid enough to think a rise in their house price gives them more money to spend!
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    zagfles wrote: »
    :rotfl:yes, some people really are stupid enough to think a rise in their house price gives them more money to spend!

    And that they are gullible and willing to pay a premium when there are soo many more equally capable products out there at a fraction of the price.
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    Sibley wrote: »

    A typical three-bedroom semi is now worth £252,418.

    A typical house is priced at £252 418. It isn't worth £252 418.
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • And that they are gullible and willing to pay a premium when there are soo many more equally capable products out there at a fraction of the price.

    Hmmm, don't know about that.

    We're on our third set of Android devices from work in 18 months.

    They started out issuing cheaper ones, then more expensive, and now top of the range that are pretty much as expensive as Apple.

    And they still have regular issues.

    Whereas my personal Apple devices just work, perfectly, every time.
    “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”
  • Sibley
    Sibley Posts: 1,557 Forumite
    Ninth Anniversary Combo Breaker
    I've really destroyed HPC gang in the comments section today.
    I bet they will be ringing the Samaritans from Beachy Head...
    We love Sarah O Grady
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.7K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.