Debate House Prices


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Foxton's Share Price dropping rapidly

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Comments

  • MobileSaver
    MobileSaver Posts: 4,349 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    MobileSaver wrote: »
    Countrywide's share price has dropped 33% since March, did house prices do the same?
    Bubble_and_Squeak wrote: »
    hahaha jokes
    lead indicator
    12 months

    I'm not sure what those random words are supposed to mean but as you didn't want to answer the question I think we can all take it as read that you accept the fact:

    There is no direct correlation between house prices and the share price of Countrywide either.

    The penny has finally dropped. :)
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • Bubble_and_Squeak
    Bubble_and_Squeak Posts: 1,165 Forumite
    mobilesaver wrote: »
    i'm not sure what those random words are supposed to mean but as you didn't want to answer the question i think we can all take it as read that you accept the fact:

    there is no direct correlation between house prices and the share price of countrywide either.

    the penny has finally dropped. :)

    yes there is!
    Share prices indicate future income!
    Future income for foxtons is decreasing as the market expected!
    Foxtons profits from hpi!
    Hpi is no more!
    Comprende?
  • MobileSaver
    MobileSaver Posts: 4,349 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    MobileSaver wrote: »
    There is no direct correlation between house prices and the share price of Countrywide either.
    Bubble_and_Squeak wrote: »
    yes there is!
    Share prices indicate future income!
    Future income for foxtons is decreasing as the market expected!
    Foxtons profits from hpi!
    Hpi is no more!

    Countrywide share price is up 1.85% today as of right now, please explain... :cool:
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • System
    System Posts: 178,355 Community Admin
    10,000 Posts Photogenic Name Dropper
    Actually estate agents make profit from volume, not house prices.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    MobileSaver wrote: »
    Countrywide share price is up 1.85% today as of right now, please explain... :cool:

    You know how volatile house prices can be.
  • hpifever
    hpifever Posts: 106 Forumite
    But right now they are dropping. And so is foxtons share price. I would have bought some had it not been for this website.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    hpifever wrote: »
    But right now they are dropping. And so is foxtons share price. I would have bought some had it not been for this website.

    How do you know they are dropping I've not seen any evidence
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    MobileSaver wrote: »
    Only a complete fool would suggest there was a direct correlation between house prices and the share price of one particular company... this probably explains why "the bulls" don't have much to say on the subject while the HPC crowd are wetting themselves with excitement. ;)


    Many total fools also think how much they borrowed on their mortgage has a direct correlation to how much their house is worth.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Crashy_Time wrote: »
    Many total fools also think how much they borrowed on their mortgage has a direct correlation to how much their house is worth.

    Out of interest how many people share the house you are in.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    ukcarper wrote: »
    Out of interest how many people share the house you are in.


    Out of interest, what has that got to do with people in negative equity?
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