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Debate House Prices


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Houses prices up 200 quid a day....

13

Comments

  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    theEnd wrote: »
    Make it 9, but no idea why I was kicked off.

    Did you ever post something realistic?

    That's usually enough....: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”
  • nickj_2
    nickj_2 Posts: 7,052 Forumite
    if everything's hunky dory in the housing market then let's have a rise in interest rates......
  • theEnd
    theEnd Posts: 851 Forumite
    HAMISH_MCTAVISH wrote: »
    Did you ever post something realistic?

    That's usually enough....:rotfl:

    I like to think I'm always realistic and very non confrontational or abusive.

    I have more of a HPC view on house prices than you, despite having just bought !!!!

    I got downgraded so I couldn't post (for no reason), then when I asked why, got told that it was private forum and they could do what they want. Then I couldn't even message the mods again. Very odd way to run a forum.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    nickj wrote: »
    if everything's hunky dory in the housing market then let's have a rise in interest rates......

    I take it you do realise low rates are for the benefit of the wider economy, not just the 15% or so of it that the housing market comprises?
    “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”
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    theEnd wrote: »
    I like to think I'm always realistic .......

    despite having just bought !!!! .

    That'd be enough to get banned.

    -Reality?

    -Bought?

    Ban the heretic....:D
    “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”
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    theEnd wrote: »
    I have more of a HPC view on house prices than you, .

    In fairness that wouldn't be hard.....

    I love HPI more than a fat kid loves cake.:)

    But I also think the benefits outweigh the disadvantages by far, argue my case using verifiable facts and referenced sources, and make consistently realistic and reasonably accurate (so far) predictions about where the market is headed.

    Which explains why I was banned. ;)

    I never did figure out why they keep banning all the bears like Toasty though.....
    “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”
  • nickj_2
    nickj_2 Posts: 7,052 Forumite
    HAMISH_MCTAVISH wrote: »
    I take it you do realise low rates are for the benefit of the wider economy, not just the 15% or so of it that the housing market comprises?


    they are not much benefit if you have savings ..... you are subsidizing people who are up to their necks with debt
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    nickj wrote: »
    they are not much benefit if you have savings ..... you are subsidizing people who are up to their necks with debt

    I've found low savings rates to be beneficial. They've encouraged me to seek better returns elsewhere.
  • ToasterScheme
    ToasterScheme Posts: 116 Forumite
    Part of the Furniture 100 Posts
    theEnd wrote: »
    How does that work?
    0.5% of 252k is £1,260 or £42 ish a day.

    Have they taken the yearly movement of 3.1% and divided it by 30 rather than 365?

    Or am I missing something?

    I think you may be right. The express' maths quoted here don't add up.
  • zagfles
    zagfles Posts: 21,548 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Chutzpah Haggler
    ToasterScheme wrote: »
    I think you may be right. The express' maths quoted here don't add up.
    Just like most of the numpties who get excited about HPI :rotfl:
This discussion has been closed.
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