Halifax August +2.7% MoM +9.0% YoY

Landofwood

Thrugelmir wrote: »

Your comments reflect the lack of financial acumen that exists today.

I've often had similar thoughts when reading some of your embarrassingly naive comments. So maybe it's not a generational problem.

HAMISH_MCTAVISH

Graham_Devon wrote: »

At an average price of £204,674 (rising £5,375 in a month - thank goodness we are told wage inflation is keeping up) isn't that the highest the Halifax has ever been?

Were also extremely close to the peak earnings to house price ratio.

That's what happens when you try to cure a housing shortage through mortgage rationing.

Building falls off a cliff, the shortage worsens, prices rise to new peaks anyway. And in the meantime, rents soar ensuring people can't save for a deposit.

Never mind though...

You cheered all this on, despite being repeatedly warned of the consequences, so you must like the outcome.

Are you secretly a landlord Graham? :rotfl:

caronoel

I love the sheer despair over on HPC.

http://www.housepricecrash.co.uk/forum/index.php?/topic/206330-halifax-hpi-aug-15-27-mom-9-yoy/

Even the Count of Nowhere (otherwise Known as Daniel Lee, a ''recruitment consultant" in Northampton) is giving up

Graham_Devon

Can you say anything on here without being attacked constantly?

Seriously - it's beyond boring.

All I was doing it looking at the figures stated on the Halifax HPI report.

caronoel

Graham_Devon wrote: »

Can you say anything on here without being attacked constantly?

Seriously - it's beyond boring.

All I was doing it looking at the figures stated on the Halifax HPI report.

Now now Graham. No need for a tantrum.

Don't dish it out if you can't take it

ruggedtoast

The good thing about high house prices, the only good thing, is that as Britons are completely incapable of understanding any other kind of investment, there are good opportunities elsewhere.

Graham_Devon

caronoel wrote: »

Now now Graham. No need for a tantrum.

Don't dish it out if you can't take it

Dish what out?

I'll leave you to explain how posting what I did was "dishing it out"?

Graham_Devon wrote: »

At an average price of £204,674 (rising £5,375 in a month - thank goodness we are told wage inflation is keeping up) isn't that the highest the Halifax has ever been?

Were also extremely close to the peak earnings to house price ratio.

Another interesting stat in that is that it's now £56 cheaper per month to buy a 3 bed house than rent one. I'm not sure if that includes all buying costs? Either way though - it suggests BTL yields are going to be getting severely squeezed for anyone buying now?

System

Obnoxious posts like this are why people "attack" you.

http://forums.moneysavingexpert.com/showpost.php?p=69141073&postcount=16

chucknorris

ruggedtoast wrote: »

The good thing about high house prices, the only good thing, is that as Britons are completely incapable of understanding any other kind of investment, there are good opportunities elsewhere.

But apart from negative posts about those who have invested in bitcoin, gold, and the Royal Mail sell off, you don't seem to have posted on the savings and INVESTMENT (or the pension and retirement planning) forum board in recent years. You certainly don't seem to have debated or contributed about things like value, portfolio diversity, dividend income, tax free investing etc.

ruggedtoast

chucknorris wrote: »

But apart from negative posts about those who have invested in bitcoin, gold, and the Royal Mail sell off, you don't seem to have posted on the savings and INVESTMENT (or the pension and retirement planning) forum board in recent years. You certainly don't seem to have debated or contributed about things like value, portfolio diversity, dividend income, tax free investing etc.

I really don't need to boast persistently on the internet about my assets to bolster a fragile sense of self worth.

Unlike some people I might mention.