How Much Did Your House Make In Aug ?

shortchanged_2

mayonnaise wrote: »

Financial geniuses in action. :rotfl:

Similar to:

What don't you get mayo? Unless you sell and have the cash in your bank then what something is worth at a moment in time is just a figure on a piece of paper that can go down as well as up. So until actual time of selling the said thing hasn't actually made you any money.

System

shortchanged wrote: »

What don't you get mayo? Unless you sell and have the cash in your bank then what something is worth at a moment in time is just a figure on a piece of paper that can go down as well as up. So until actual time of selling the said thing hasn't actually made you any money.

I think the point is you're stating the obvious in a fashion that suggests you think you've suddenly deciphered the ancient lost art of investments.

Bubble_and_Squeak

wotsthat wrote: »

Asking prices in August are now yesterday's news remember?

Halifax have said today that sold prices increased in August though. Highest since 2008 and about £9k above your April peak.

http://www.lloydsbankinggroup.com/globalassets/documents/media/press-releases/halifax/2014/140908-halifax-august-house-price-index-2014.pdf

how much of the market does halifax represent?
and which regions?

gbsilp

Linda_D wrote: »

Very sad to see you doing so badly:(
My house made over £50k

In general, for those people whose houses "made" GBP50k, it's a shame their next house (unless downsizing) "made" in excess of this.....

Percy1983

My house didn't make anything, its doesn't have much creative flair.

Thinking about it, it stayed still the entire month, shame I can't get it to make me things while I am out.

shortchanged_2

Joeskeppi wrote: »

I think the point is you're stating the obvious in a fashion that suggests you think you've suddenly deciphered the ancient lost art of investments.

So do you think thequant will start a thread next month with 'how much has your house lost you this month?'

System

shortchanged wrote: »

So do you think thequant will start a thread next month with 'how much has your house lost you this month?'

Absolutely, the whole point is to incite posts like yours

wotsthat

Bubble_and_Squeak wrote: »

how much of the market does halifax represent?
and which regions?

It represents more of the market, more regions and is based on real sold prices. Compare and contrast to your daily property bee survey.

wotsthat

shortchanged wrote: »

What don't you get mayo? Unless you sell and have the cash in your bank then what something is worth at a moment in time is just a figure on a piece of paper that can go down as well as up. So until actual time of selling the said thing hasn't actually made you any money.

It's a nonsense thread granted but there really is a difference between wealth and liquidity.

ging84

this is of course total nonsense
what i did find quite satisfying to find though was looking at my mortgage statement
after around 6months of owning this home, £5k or so has been paid off the mortgage
that is £5k that would have been lining my landlord's pocket, so she can buy more houses to tell more people they can't a have a cat in their own home