Debate House Prices


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MSE News: House prices climbed in October, says latest report

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Comments

  • chucky wrote: »
    why do these negative type of "people" cling exclusively to the Halifax index as the be all and end all when trying to make their points about house prices...

    why don't they use the Land Registry or Nationwide indicies....

    no wait, let me guess it doesn't suit their mindset or agenda...

    Because the Halifax figures came today, so they're coming to mind.
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • Because the Halifax figures came today, so they're coming to mind.

    I don't recall seeing such a fuss over the LR indice which is better than Halifax or Nationwide
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    I don't recall seeing such a fuss over the LR indice which is better than Halifax or Nationwide
    that's because 'people' with this mindset cannot see the elephant in the room.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    that's because 'people' with this mindset cannot see the elephant in the room.

    Can you tell us what the elephant is?

    I very much doubt it.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    edited 4 November 2010 at 6:53PM
    I believe he does, which is why he wants lower prices, to possibly be able to purchase the other part.

    I've said before, numerous times, never want to buy the other half. So don't know where you get that from. I can only buy to 80% anyway, and if I did, who's gonna buy 80% of a house? May aswell just buy 100% of a house without the stigma.

    I want lower prices, because it will enable me to afford a better place, one which suits, and isn't an overpriced shoebox. That's my VI. I also live in the SW, so skews my outlook on prices. It's very very difficult. Obviously I have my son to think about too.

    On the other side of the coin. It's not just my wants. It's basic common sense in my view that prices are wel out of sync with wages, and have bought misery to thousands, as your lifes enjoyment is sapped from you due to excessive housing costs.

    So I want lower prices, but also believe lower prices would be beneficial to many....just not landlords, those who have used their houses as cash cows, or those who took on debt on the premise the house would rise and rise.

    It's not as if I don't lose out myself. Only bought in 2006, so would be in NE quicker than many. But can see eventually, the short pain would be worth it. But I don't have massive money tied up in housing investments.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Really2 wrote: »
    I like the "poke one eye out to make glasses 50% cheaper" outlook he has.

    I presume he has a point where NE or LTV would be a problem? So would a steep fall not mean he would not be able to buy it anyway?

    You have it wrong on so many levels.

    Though your concern for me is admirible, your need to try and confuse the situation to make me look silly is really screwing you over in terms of actually getting anything about me right.
  • I don't recall seeing such a fuss over the LR indice which is better than Halifax or Nationwide

    Depends. I think the LR is very valuable, but it's more out of date, even when it first comes out. Haliwide measure the market at a more recent point.
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • chucky wrote: »
    that's because 'people' with this mindset cannot see the elephant in the room.

    It really is a meaningless cliche, that.
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • nearlynew wrote: »
    How can people argue for so long over spin and bullsh1t meaningless data?


    ..... I'm out.


    Thank f++k for that.
  • Depends. I think the LR is very valuable, but it's more out of date, even when it first comes out. Haliwide measure the market at a more recent point.

    We've discussed this before
    the LR lag is not as great as before (possibly due to lower transaction levels)
    It's releases the September, same as Nationwide.
    Only Halifax's release today for October is a newer month.
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
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