We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
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!
'We've reached a tipping point' Signs of house price weakness
Comments
-
mystic_trev wrote: »Bearing in mind Walthamstow prices have gone up 50% to 60% in the last five years, I'm not surprised they're dropping.
once the ball starts rolling...0 -
0
-
1. Is priced the same as the last sold price on that street and that is the highest of the year.
2. Same as above except this one also says offer over.
3. Is £30k down on a property that has 2 more bedrooms...
4. Is priced the same as the last sold price.
5. Is priced about the same as an end of terrace that sold late last year. End of terrace is worth significantly more without even going into more detail to find other differences.
6. Priced the same as the last sold price on the street.
I'm failing to see your point.
OH MY DAYS!
you actually went through them all!
as we all agree asking prices tend to be higher than actual sold prices, hence my inclusion of same as prices
and most stats don't reflect differences in the houses- just the overall prices0 -
Bubble_and_Squeak wrote: »hahaha nice one h!
love the daily express!
I love the ONS data it's reporting on more, but to each their own....: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”0 -
Bubble_and_Squeak wrote: »and most stats don't reflect differences in the houses- just the overall prices
No, that's not right.
LR use repeat sales regression to compare like for like, Halifax and Nationwide use hedonic regression to take account of the differences in houses.“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”0 -
Bubble_and_Squeak wrote: »OH MY DAYS!
you actually went through them all!
as we all agree asking prices tend to be higher than actual sold prices, hence my inclusion of same as prices
and most stats don't reflect differences in the houses- just the overall prices
I'm guessing that statistics isn't your strongest point. Along with numbers and logic.0 -
Why bother posting them if you knew they were crud. None of them are useful at all.Bubble_and_Squeak wrote: »OH MY DAYS!
you actually went through them all!
as we all agree asking prices tend to be higher than actual sold prices, hence my inclusion of same as prices
and most stats don't reflect differences in the houses- just the overall prices0 -
I'm guessing that statistics isn't your strongest point. Along with numbers and logic.
These latest insurgents from HPC all posess the same toddler level of maths and statistical analysis.
I always thought they just had their heads in the sand and were trolling, but they genuinely are incredibly dim.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
“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”0 -
mystic_trev wrote: »I now own 5 properties, all paid for, and actually they represent the smaller part of my Investments, the main part being my Equity Portfolio.
That appears to be a very significant investment in shares, how do you feel about knowing that at some point that there will probably be a significant correction? That is what has been holding me back previously, but I have come around a bit now, thinking that what goes down will go back up again (funds not individual shares). But I still have some discomfort when you see that the ftse 100 isn't any higher than it was 15 years ago, whereas property historically has managed to recover corrections and increase above previous peaks.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 stop0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.3K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.3K Work, Benefits & Business
- 599.5K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards