Jump to content
House Price Crash Forum
Sign in to follow this  

There's Lies, Damned Lies, And Statistics

Recommended Posts

One of the main broadsheets in Australia published a listing of every postcode in the country today with current median sale prices, 12 month change and 10 year compound change. Some 12 month numbers are negative, but not as many as you might think. Most of the 10 year numbers are between 8% and 12%.

(Australian postcodes cover larger areas and populations than the UK, so this list wasn't impossibly long.)

I can see right now how the RE boosters here are going to use the 10-year numbers to try and suck more people into BTL in a market trending downwards. "Look at the 10-year appreciation; you'll make a fortune in the long term." :angry:

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.