We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

YoY HPI negative by end of summer...

pricedout_1
pricedout_1 Posts: 146 Forumite
Part of the Furniture 100 Posts Name Dropper
in Debate House Prices & the Economy
If you look at the trajectory of YOY from Nationwide it looks like it will be negative around end of summer?

http://www.thisismoney.co.uk/money/mortgageshome/article-2975356/House-price-growth-slows-sixth-consecutive-month-says-Nationwide.html

Camerons pledge to double the the starter homes to 200,000 will just accelerate the downwards momentum?

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    pricedout_1 wrote: »
    If you look at the trajectory of YOY from Nationwide it looks like it will be negative around end of summer?

    http://www.thisismoney.co.uk/money/mortgageshome/article-2975356/House-price-growth-slows-sixth-consecutive-month-says-Nationwide.html

    Camerons pledge to double the the starter homes to 200,000 will just accelerate the downwards momentum?

    as cameron hasn't yet built a single 'starter' home, doubling nothing will have little effect on prices either way
  • MARTYM8`
    MARTYM8` Posts: 1,212 Forumite
    Eighth Anniversary 1,000 Posts
    CLAPTON wrote: »
    as cameron hasn't yet built a single 'starter' home, doubling nothing will have little effect on prices either way

    Yes - all the main parties pledge lost of new house building before the election. You do wonder what he has been doing for the last 5 years - the LD's were hardly a drag on wanting to deliver more housing.

    Instead we have p****d £125 billion up the wall on housing benefit as taxpayers and doubled the national debt.
  • Loughton_Monkey
    Loughton_Monkey Posts: 8,913 Forumite
    Part of the Furniture Combo Breaker Hung up my suit!
    263B995700000578-2975356-image-a-1_1425285572118.jpg



    OMG!!!!!!!!

    So economic life is not straight line after all!

    This is the end of civilization as we know it.
  • danothy
    danothy Posts: 2,200 Forumite
    Part of the Furniture Combo Breaker
    Extrapolated trend-line using all the data points:
    i44oq9.jpg

    Extrapolated trend-line using some of the data points:
    1zlzofs.jpg

    Take your pick.
    If you think of it as 'us' verses 'them', then it's probably your side that are the villains.
  • purch
    purch Posts: 9,865 Forumite
    The trend is your friend, as we used to say when we couldn't think of anything else.

    Ideally you would want to put a trend line on something with a longer time frame, maybe 15-20 years to get a meaningful look.

    A moving average would make it look prettier :eek:
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    I see that the estimated number of immigrant arrival to London since 2011 is 200,000

    this probably won't reduce the demand for properties
  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    edited 6 March 2015 at 12:45PM
    purch wrote: »
    The trend is your friend, as we used to say when we couldn't think of anything else.

    Ideally you would want to put a trend line on something with a longer time frame, maybe 15-20 years to get a meaningful look.

    Like this you mean, which in the greater scheme of things shows that most of what we are seeing is just "noise".

    real-house-prices.jpg
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • padington
    padington Posts: 3,121 Forumite
    It's a great time to sell, lose a fortune in sale costs, rent then in a year panic buy.


    Not.
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • Blacklight
    Blacklight Posts: 1,565 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Confirmed, house prices to be negative by Christmas:

    bqZLVoc.jpg
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.4K Banking & Borrowing
  • 254.1K Reduce Debt & Boost Income
  • 455K Spending & Discounts
  • 246.5K Work, Benefits & Business
  • 602.8K Mortgages, Homes & Bills
  • 178K Life & Family
  • 260.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture