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Debate House Prices


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Halifax April 2014 - 0.2% MoM + 8.5% YoY

124

Comments

  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Graham_Devon wrote: »
    What's this got to do with me not [apparently] understanding how it works?

    Monthly figures are just noise and your maths is wrong anyway.
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    wotsthat wrote: »
    Couple of fatties in our office who get irrationally excited about losing a pound at the weekly weight watchers meeting. I explain that the weekly weigh-in is just noise and as their trend is still towards increasing weight they'll likely be even fatter this time next year.

    We're in the same office! :eek:
    Don't blame me, I voted Remain.
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    wotsthat wrote: »
    Couple of fatties in our office who get irrationally excited about losing a pound at the weekly weight watchers meeting.


    I bet that they didn't seasonally adjust to take into account the Xmas blow out?
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Graham_Devon wrote: »
    What's this got to do with me not [apparently] understanding how it works?

    Seems I'm told I don't understand how it works. When I therefore explain how it works you get the above suggesting you are "muttering something under your breath".

    Appears the sole issue here is having a pop.....almost pointlessly.
    It's called educating you. Since when is giving you an educating having a pop at someone.
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    Graham_Devon wrote: »
    Maybe you or chucky could explain what it all really means then?

    The average house as measured by Halifax has fallen in value around £800 in the month. Or £26 a day on average as I believe you are fond of such numbers.

    Now, I understand that to be a fall in values over the month. Maybe you could explain where I went wrong.

    Otherwise. Good.

    Is that akin to a retailer offering 50% discounts where in the small print, they increased the price by 130% two weeks prior.

    Retailer Price £50
    Two week uplift to £130
    Ne 50% off offer now £57.50

    So you rejoice that you are getting 50% off, even tough the price is higher than 3 week prior.

    Don't think it doesn't happen, just read the small print
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • Mike4DebtFreeMoney
    Mike4DebtFreeMoney Posts: 38 Forumite
    Perhaps HMG shouldn't have stoked said bubble with Funding For Lending and Help to Buy. I don't think they get that loans on existing property doesn't help the productive economy, it just inflates house prices.
    In favour of banks that serve society rather than society serving banks! If you agree, please Google epetitions 64050 and sign.
  • Mike4DebtFreeMoney
    Mike4DebtFreeMoney Posts: 38 Forumite
    theEnd wrote: »
    With the money they've printed, inflation will run wild at some stage.

    IRs will be high again. It won't be their choice.

    Who is 'they'? The vast majority of money is created by commercial banks, and the biggest destination of that is property. House price inflation is a consequence.
    In favour of banks that serve society rather than society serving banks! If you agree, please Google epetitions 64050 and sign.
  • Bantex_2
    Bantex_2 Posts: 3,317 Forumite
    Mike4DebtFreeMoney wrote: »
    Perhaps HMG shouldn't have stoked said bubble with Funding For Lending and Help to Buy. I don't think they get that loans on existing property doesn't help the productive economy, it just inflates house prices.
    Why is it a problem? If you own at least two properties then HPI is very good, free money that requires no effort. Wonderful.
  • Aberdeenangarse
    Aberdeenangarse Posts: 1,262 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    chucky wrote: »
    Since when is giving you an educating having a pop at someone.

    We don't need no Education
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Aberdeenangarse wrote: »
    We don't need no Education


    What about 'thought control'?
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
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