Front Page Graph
Posted 30 March 2012 - 02:48 PM
Any chance of an update here mods?
Look at the poor kitty... Must be seeing things - "it's different this time...."
Posted 30 March 2012 - 03:20 PM
If it's based on an average since 1975 how much of a crash would we need to see it start to turn down? a pretty big and long one (ooerr missus) no?
Don't we have better graphs than this to put on our home page?
This post has been edited by kev-all-in: 30 March 2012 - 03:21 PM
Posted 30 March 2012 - 03:45 PM
I'm probably being stupid, but if you can't update the files on the fubra server directly, couldn't you replace them with external links to images on a server you can update?
Posted 30 March 2012 - 04:17 PM
As real prices fall, the trend line will continue to be dragged down slowly (and straightened out a little). It's already happening, but it's barely noticeable on a month by month basis.
Personally, I don't like trend lines as they tell you absolutely nothing about the future. Despite this, many people try extrapolating into the future with them.
It could turn 'negative' but that would require quite a bout of deflation and a complete collapse in house prices There's nothing to stop the long term trend being negative, well except the government has access to the boys with the printing press. Exponential decay as opposed to growth )
This post has been edited by zebbedee: 30 March 2012 - 04:18 PM
"Credit is indeed vital to an economy, but it does not constitute an economy within itself. ... When businesses borrow to fund capital investments, the extra cash flows that result are used to repay the loans. When individuals borrow to spend, loans can only be repaid out of reduced future consumption."-Peter Schiff, Jan 19 2009; <a href="http://www.321gold.com/editorials/schiff/schiff011909.html" My link
"The bold effort the present bank had made to control the government... are but premonitions of the fate that await the American people should they be deluded into a perpetuation of this institution or the establishment of another like it."-Andrew Jackson on the Second Bank of the United States
"The problem with socialism is that eventually you run out of other people's money."-Margaret Thatcher
"If tyranny and oppression come to this land, it will be in the guise of fighting a foreign enemy. Of all the enemies to public liberty, war is perhaps the most to be dreaded because it comprises and develops the germ of every other. War is the parent of armies; from these proceed debts and taxes; and armies, and debts, and taxes are the known instruments for bringing the many under the domination of the few. The loss of liberty at home is to be charged to the provisions against danger, real or imagined, from abroad." - James Madison
"Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof."
John Kenneth Galbraith
Posted 30 March 2012 - 04:30 PM
Lest there be any doubt.
BTL is a good potential way to bankruptcy and yes sometimes I make points to hopefully make people think.
Posted 30 March 2012 - 06:08 PM
Any chance of an update here mods?
When was the trend line last updated? How often is it updated?
This post has been edited by nmarks: 30 March 2012 - 06:10 PM
There are some things that men must do in order that they remain as men.
It's not what you know, it's what you can prove in court. Didn't you tell me that once?
It is the duty of all good men to nurture the seed of self-destruction that lies at the core of every evil.
The biggest delusion that humans suffer is to abrogate their powers to others then expect something other than despair.
Posted 30 March 2012 - 06:28 PM
I was lucky enough to be able to afford to buy under the previous Conservative government.
I was also lucky enough to have had a job as well.
Sorting out labors mess will take years imo
These should not be used a a definitive answer to any posts I attempt to answer.
Posted 30 March 2012 - 08:00 PM
Secular trends that push house prices up include
- The fall in price of everything else, leaving everyone with more money sloshing around.
- The downward trend in interest rates.
- Real improvements adding real value.
Even if we got rid of all the oft-repeated arguments of too many people, demographic trends, two-income households, we'd still have a long way to go before food and clothes take a chunk out of minimum - let alone average - wage. That £50 loaf of bread and £200 t-shirt from Primark would be the kind of things to leave us without spare money to push up house prices.