They do not like it up em

caronoel

Hpc is complete bewilderment and despair discussing the latest set of LR figs...

http://www.housepricecrash.co.uk/forum/index.php?/topic/208525-land-reg-jan-2016-whopping-increase/page-1

Quite amusing reading.

Jonbvn

Here's the report (without the 70% drop by Xmas commentary).

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/503000/Jan_2016_HPI.pdf

One also has to consider that monthly figures are just noise.

Generali

Interesting to note that prices are falling (still?) in the NE and NW. I thought this might happen as the Tories unwound the huge Labour increases in welfare payments and Government spending in those areas post-2010 (I CBA to look up the posts but I had a bet with Gorgeous George years ago that this would be the case.

Cripes those London figures. I hope my dear, aged, sickly Aunt in London is keeping well and that she no longer fixes her own brakes on her car.....<<goes off to find Haynes manual>>

michaels

Generali wrote: »

Interesting to note that prices are falling (still?) in the NE and NW. I thought this might happen as the Tories unwound the huge Labour increases in welfare payments and Government spending in those areas post-2010 (I CBA to look up the posts but I had a bet with Gorgeous George years ago that this would be the case.

Cripes those London figures. I hope my dear, aged, sickly Aunt in London is keeping well and that she no longer fixes her own brakes on her car.....<<goes off to find Haynes manual>>

I thought it was so touching when you took it upon yourself to make sure her will was all in order last year.

Generali

michaels wrote: »

I thought it was so touching when you took it upon yourself to make sure her will was all in order last year.

I'm all about family michaels.

Did I see you post that you have a socket set?

westernpromise

50% of the posts in that thread seem to be the ex-pat in France, and all of them say the same thing - "it's gorn mad!"

As I never tire of posting, you could buy a white stucco house in Maida Vale for £2,000 60 years ago, and when its price went up to £3,000 55 years ago, people then were saying "it's gorn mad!".

kinger101

westernpromise wrote: »

50% of the posts in that thread seem to be the ex-pat in France, and all of them say the same thing - "it's gorn mad!"

As I never tire of posting, you could buy a white stucco house in Maida Vale for £2,000 60 years ago, and when its price went up to £3,000 55 years ago, people then were saying "it's gorn mad!".

But I predict the prices will fall to £1,000 just before Xmas 50 years ago.

westernpromise

And I predict that 50 years ago you won't buy because it's still mad and hasn't fallen far enough yet. It's going to fall to £500 soon.

20 years later when it hits £20000 I further predict you will have changed your name to The Count of Nowhere...

System

There's a few people advocating giving up on life altogether and living on benefits instead. That's a strange attitude considering renting is so brilliant and saves you so much money.

Also, this guy

The12YearWait wrote:

My thoughts entirely, i had a couple of grand set aside for a training course to advance my skillset, i decided to spend it on a 11 day trip to Thailand instead.

Wow.