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Debate House Prices


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House prices rise

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Comments

  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    5 thanks for anecdotal garbage....

    Anecdote isn't garbage, it's just datum not data. You can't extrapolate from it.

    I like anecdote on these boards - it's a bit like the 'human interest' story at the end of the news, you don't learn much but it's a bit of light relief.
  • mr.broderick
    mr.broderick Posts: 3,778 Forumite
    1,000 Posts Combo Breaker
    Generali wrote: »
    Anecdote isn't garbage, it's just datum not data. You can't extrapolate from it.

    I like anecdote on these boards - it's a bit like the 'human interest' story at the end of the news, you don't learn much but it's a bit of light relief.


    Interesting..
  • oldMcDonald
    oldMcDonald Posts: 1,945 Forumite
    I am the manifestation of your Id. Your deepest worries brought to life to torment you.



    Since you think there is no house price crash, I suspect you might end up believing that.

    Oooo, I knew this guy was going to be good reading :)
  • pickles110564
    pickles110564 Posts: 2,374 Forumite
    Since there is no house price crash, I suspect you might end up believing that.
    I glad you finally agree, no crash, property just worth what it is sold for.
  • meanmachine_2
    meanmachine_2 Posts: 2,624 Forumite
    Part of the Furniture Combo Breaker
    I glad you finally agree, no crash, property just worth what it is sold for.

    How's this for an anecdote which I'm sure you'll just ignore in your own, slightly disturbing way...

    2 bed property in North London (heard of the area?), on the market for 320K, which it would have sold for pre-crunch.

    Agent phones me yesterday, telling me they're willing to take 250K.

    Crash, what crash?!!

    That's what's happening in the real world, not inside your pickled head.
  • ManAtHome
    ManAtHome Posts: 8,512 Forumite
    Part of the Furniture Combo Breaker
    Gas, electric, water, food, fuel not really going up - just being sold for how much they're worth.

    Great - that's boom&bust and inflation sorted, next please...
  • Lakey
    Lakey Posts: 206 Forumite
    I gotta a feeling that Sir Humphrey is actually married to our Krusty Kirsty......;)
  • brit1234
    brit1234 Posts: 5,385 Forumite
    Its early days of the crash at the moment. These downturns go on for years so if at this stage people believe it isn't crashing thats fine with me, they will have plenty time to change their minds in the months and years to come.

    What I can say for certain is that we have had the big jump in property prices ever and now we are have the biggest falls since records began. I believe this is as a result of the media revolution which previous house booms and busts didn't have. Its going to be fun to see how things pan out and who is right in the end.
    :beer:
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • Sir_Humphrey
    Sir_Humphrey Posts: 1,978 Forumite
    I glad you finally agree, no crash, property just worth what it is sold for.

    That is really desperate. :money:
    Politics is not the art of the possible. It consists of choosing between the disastrous and the unpalatable. J. K. Galbraith
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