-
Welcome to Stafford Forum. Please or sign-up and start posting!
House Price Inflation Checker.
- Thread starter John Marwood
- Start date
John Marwood
I ♥ cryptic crosswords
John Marwood
I ♥ cryptic crosswords
I've celebrated with a cup of tea on an estate in Middlesborogh
tek-monkey
wanna see my snake?
17% down apparently, yet still more than I paid.
Glam
Mad Cat Woman
I think mine's the same. Next door is up for sale, for £100.000, if mine goes for the same price, which given the state its on is more than doubtfull, it will mean that they've only gone up a grand in 10yrs.
tek-monkey
wanna see my snake?
As g said, the price is rising but the value of the money used to buy is falling. British money anyway.
Gramaisc
Forum O. G.
It's just adjusted for inflation - currency valuations will take a longer time to work through...
tek-monkey
wanna see my snake?
Good point, well made. I suppose a better analogy is that your house price is higher but not by as much as a freddo* and everything else you buy on average. Who'd have thought in 2007 that a frog shaped chocolate bar would be a better investment!
*Other confectionery items are available, most performed better than houses in terms of sale prices.
*Other confectionery items are available, most performed better than houses in terms of sale prices.
tek-monkey
wanna see my snake?
The more I think about this the more ludicrous the finance system seems, it only exists in our heads. You are trading on the promise of someone that can only repay with another promise?
Cue
Well-Known Forumite
House values seem to be plucked out of thin air anyway.
For instance, our fairly modern, 3 bed semi was up at 165,000. But then a completely flat-faced, tiny terraced house on a main road will be listed at 150,000 or a dingy old terraced build with a fallen apart garden will be listed at 160,000?
Doesn’t make any sense to me.
For instance, our fairly modern, 3 bed semi was up at 165,000. But then a completely flat-faced, tiny terraced house on a main road will be listed at 150,000 or a dingy old terraced build with a fallen apart garden will be listed at 160,000?
Doesn’t make any sense to me.
John Marwood
I ♥ cryptic crosswords
A house price is only an opinion
A house only becomes an asset when you have more than one that produces an income
Until then a house is a liability
A house sale price is a real number
Real Madrid 1 Tottingham 1
A house only becomes an asset when you have more than one that produces an income
Until then a house is a liability
A house sale price is a real number
Real Madrid 1 Tottingham 1
Thehooperman
Well-Known Forumite
How pee'd off must the folk of North Ormesby be when they read their report?
I suspect it reads something like
Your ward is crap
The average house price is F.ALL in 2017 Doesn't matter what the % change is cos no-one wants to live here.
For the average house price in your ward you could buy a monopoly house
or Knightsbridge and Belgravia can buy the entire property range in your town by merely selling their delapidated garden shed.
I suspect it reads something like
Your ward is crap
The average house price is F.ALL in 2017 Doesn't matter what the % change is cos no-one wants to live here.
For the average house price in your ward you could buy a monopoly house
or Knightsbridge and Belgravia can buy the entire property range in your town by merely selling their delapidated garden shed.
John Marwood
I ♥ cryptic crosswords
littleme
250,000th poster!
Reminded me of this.....
"In 1999 minimum wage was 5p. This means you could buy 72 freddos with one hours wage.
“Now minimum wage is £7.50/hr yet freddos are 25p meaning you can only buy 30 freddos with one hours wage.
For the continuum of freddo purchasing we need £18/hr minimum. "
https://www.thescottishsun.co.uk/news/scottish-news/1500827/irvine-freddo-freddonomics-minimum-wage/
And this....
http://www.telegraph.co.uk/news/2016/07/08/this-is-how-much-a-freddo-will-cost-by-2030/
Thehooperman
Well-Known Forumite
Are Freddo's the same size though? I seem to remember them being bigger when they first appeared (like most chocolates).