Debate House Prices


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'We've reached a tipping point' Signs of house price weakness

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Comments

  • wotsthat wrote: »
    Ahh the old 'use asking prices as a past reference when sold prices exist' trick.

    Anyway, the thread on HPC started on January 4th not May.

    ah, you caught me with my pants down
    i was using the old selective stat quoting trick
    its a nice one and one which if oft employed on this site
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    Joescampi wrote: »
    I will never understand what people find so difficult about quoting a post.[/QUOTE

    Tell me about it. [QUOTE
    [QUOTE=Crashy Time;66918293
    Don't blame me, I voted Remain.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper



    You couldn't be more wrong, the small amount of cash that I hold has performed far less favourably than my other assets.

    My other assets might be momentarily declining using your weird accountancy methods. But the fact is that the capital value of our properties have increased significantly in the last 2-3 years. So I don't really care if the value stagnates or even dips for a short period. What I care about is what can we sell them for in about 10-15 years time.

    My shares haven't performed as well as the property, but much better than cash, storing your wealth in cash is a mugs game, unless you need it in the short term (I don't).


    In all seriousness I don`t think it is, in this environment of deflation. The fact that the PTB have tried, and failed over the last few years to keep us out of deflation with all their stimulus should be a loud warning bell to anyone sitting on property and hoping that things are going to stabilise at the "new normal".
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    mayonnaise wrote: »
    Joescampi wrote: »
    I will never understand what people find so difficult about quoting a post.[/QUOTE

    Tell me about it. [QUOTE
    [QUOTE=Crashy_Time;66918293



    Get down and give me fifty (grand) MAYONN..AISE! I`ll show you what being in the NE club is all about!


  • In all seriousness I don`t think it is, in this environment of deflation. The fact that the PTB have tried, and failed over the last few years to keep us out of deflation with all their stimulus should be a loud warning bell to anyone sitting on property and hoping that things are going to stabilise at the "new normal".

    cash is the only asset that isn't depreciating at the moment.
    property- falling
    shares- falling
    commodities- falling
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper

    cash is the only asset that isn't depreciating at the moment.
    property- falling
    shares- falling
    commodities- falling


    Why is Chucky stealing my posts? What is wrong with the Quote function on here?
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper


    Why is Chucky stealing my posts? What is wrong with the Quote function on here?


    It just happened again.


  • Why is Chucky stealing my posts? What is wrong with the Quote function on here?

    YAY!
    CRASHYS BACK!
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Pretty quiet on here lately?:money:
  • Pretty quiet on here lately?:money:

    the horse has bolted!
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