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Realistbear

Hpi Plunges 61.1% Compared With Same Period In 2004

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http://uk.news.yahoo.com/08022006/325/hous...land-wales.html

LONDON (Reuters) - Residential house prices in England and Wales rose at a slightly faster pace in the final quarter of 2005, official figures showed on Wednesday.
The Land Registry, a government agency which records details of all property transactions, said house prices rose
4.60 percent
in October to December on the same period a year earlier.
That was up from the 3.52 percent it had reported for the third quarter, the
slowest rate since 1996
.
Still, that was slower than the
11.82 percent
annual inflation rate in the fourth quarter of 2004 but left the average house price in England and Wales at 191,327 pounds.

4.6 divided by 11.82 X 100 = 38.9 from 100% = 61.1%

Depends how you want to spin it doesn't it? With a slow down of this rate + affordability + declining employment + declining manufacturing + declining exports = HPC

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http://uk.news.yahoo.com/08022006/325/hous...land-wales.html

LONDON (Reuters) - Residential house prices in England and Wales rose at a slightly faster pace in the final quarter of 2005, official figures showed on Wednesday.
The Land Registry, a government agency which records details of all property transactions, said house prices rose
4.60 percent
in October to December on the same period a year earlier.
That was up from the 3.52 percent it had reported for the third quarter, the
slowest rate since 1996
.
Still, that was slower than the
11.82 percent
annual inflation rate in the fourth quarter of 2004 but left the average house price in England and Wales at 191,327 pounds.

4.6 divided by 11.82 X 100 = 38.9 from 100% = 61.1%

Depends how you want to spin it doesn't it? With a slow down of this rate + affordability + declining employment + declining manufacturing + declining exports = HPC

I do not think anyone reading the Yahoo article (and just that article) would come up with a spin headline such as yours!! And could I respectfully ask why you are preaching to the converted? 95%? (guesstimate) of the forum members are “believers”.......and I do find your level of spin sometimes just stretches all bounds of credibility. I appreciate you desperately want a HPC...but if this site is going to grow and maintain credibility…then surely sensational headlines are not the way forward? VI spin is VI spin whichever side of the fence you are standing on.........if anyone posted a biased-to-this-degree bullish post it would be ripped to shreds.........

Edited by beenhearingthisforyears

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I do not think anyone reading the Yahoo article (and just that article) would come up with a spin headline such as yours!! And could I respectfully ask why you are preaching to the converted? 95%? (guesstimate) of the forum members are “believers”.......and I do find your level of spin sometimes just stretches all bounds of credibility. I appreciate you desperately want a HPC...but if this site is going to grow and maintain credibility…then surely sensational headlines are not the way forward? VI spin is VI spin whichever side of the fence you are standing on.........if anyone posted a biased-to-this-degree bullish post it would be ripped to shreds.........

:D:D:D

Just as long as the math adds up. My purpose was to demonstrate how good news can be made to sound dramatic just as bad news can be made to sound dramatic by the VIs. You never know, the VIs may be monitoring this site to see how their spin is treated in an effort to be more effective in their propaganda campaign.

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:D:D:D

Just as long as the math adds up. My purpose was to demonstrate how good news can be made to sound dramatic just as bad news can be made to sound dramatic by the VIs. You never know, the VIs may be monitoring this site to see how their spin is treated in an effort to be more effective in their propaganda campaign.

Would you have any objection to me calling you fantasistbear from now on..? i think you will agree it has a nice ring to it……. :)

Edited by beenhearingthisforyears

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How about "Factualbear" or "Mathematicalbear" ? You have to admit that a "61.1% plunge" sounds even better than the BBC's drop of 2%? Its all in the mathematics and how its presented as the miracle maestro himself has tried to show when he attempted to move the goal posts recently to spin the figures in his favour.

BTW, is a plunge of 61.1% a fantasy or reality check?

Edited by Realistbear

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How about "Factualbear" or "Mathematicalbear" ? You have to admit that a "61.1% plunge" sounds even better than the BBC's drop of 2%? Its all in the mathematics and how its presented as the miracle maestro himself has tried to show when he attempted to move the goal posts recently to spin the figures in his favour.

BTW, is a plunge of 61.1% a fantasy or reality check?

Your original "headline" is what i made comment on.........

I just find your double standards staggering.........only last week you were writing to the BBC re: their "biased reporting" And i think most of us on this forum can deduce what we will from the ACTUAL figures......

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Your original "headline" is what i made comment on.........

I just find your double standards staggering.........only last week you were writing to the BBC re: their "biased reporting" And i think most of us on this forum can deduce what we will from the ACTUAL figures......

Its a form of "comment." Many post a website address and follow with their own comment or opinion. It is what bloggers do. The BBC are a public body paid for by the public. They owe a duty to be balanced and when the balance is too far in favour of the VIs they desrve complaints and they got them.

My headline reflects mathematical reality, a simple formula to arrive at the rate of decline. 61.1% is scary, I know, but what are you gonna do? :(

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Its a form of "comment." Many post a website address and follow with their own comment or opinion. It is what bloggers do. The BBC are a public body paid for by the public. They owe a duty to be balanced and when the balance is too far in favour of the VIs they desrve complaints and they got them.

My headline reflects mathematical reality, a simple formula to arrive at the rate of decline. 61.1% is scary, I know, but what are you gonna do? :(

Using percentage rates to measure percentage rate is rubbish though.

2% to 1% is a 50% fall.

I take it you comment was tongue in cheek otherwise you are worse than the BBC.

Edited by since the beginning

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:D:D:D

Just as long as the math adds up. My purpose was to demonstrate how good news can be made to sound dramatic just as bad news can be made to sound dramatic by the VIs. You never know, the VIs may be monitoring this site to see how their spin is treated in an effort to be more effective in their propaganda campaign.

what do you mean may be ?! remember Mr Rightmove (zorn)

bound to be others....

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Using percentage rates to measure percentage rate is rubbish though.

2% to 1% is a 50% fall.

I take it you comment was tongue in cheek otherwise you are worse than the BBC.

Somewhat tongue in cheek--really to illustrate that there is more than one way to skin the propaganda cat :D

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Your original "headline" is what i made comment on.........

I just find your double standards staggering.........only last week you were writing to the BBC re: their "biased reporting" And i think most of us on this forum can deduce what we will from the ACTUAL figures......

If you read Realistbear's ridiculous letter to the BBC you will find more examples of double standards eg

Realistbear complains of the BBC overlooking 'negative' news

You have also conveniently overlooked the following, I quote:

"Yorkshire Bank also found sellers more willing to stand their ground in negotiations. One-in-six (16 per cent) sellers would be unwilling to accept offers under the asking price –"

Far from positive news, this survey is stating quite plainly that 5 out of 6 sellers are now willing to accept reduced offers.

Realistbear then 'complains' to the BBC some more...

The BBC turns a blind eye to any negative news concerning affordability. The article you quote also overlooks the following, I quote:

"One factor deterring first-time buyers is the prospect of higher council tax. Yorkshire Bank found almost one-in-four (23 per cent) first-time buyers are putting off plans to buy until local councils announce their charges for the year ahead"

So using Realistbear's spin logic, this is surely POSITIVE news as it states 'quite plainly' that 3 out of 4 FTBs aren't bothered about council tax charges.

So is this really POSITIVE news or NEGATIVE news? The poor old BBC just can't win in the eyes of loonies like RB.

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If you read Realistbear's ridiculous letter to the BBC you will find more examples of double standards eg

Realistbear complains of the BBC overlooking 'negative' news

Realistbear then 'complains' to the BBC some more...

So using Realistbear's spin logic, this is surely POSITIVE news as it states 'quite plainly' that 3 out of 4 FTBs aren't bothered about council tax charges.

So is this really POSITIVE news or NEGATIVE news? The poor old BBC just can't win in the eyes of loonies like RB.

Whether it is positive or negative depends on whether you are a bull or a bear. My point to the BBC was that they published the positive aspects of the story but overlooked the negative ones. I am not sure about a "double standard" here as it is the BBC that is being held to a standard of fair reporting. Most on this website will agree that the BBC has been too far in the bull's camp and that this is costing them credibility. Their attempt to redeem themselves today with their report of a fall of 2% in the market suggests they may be responding to more complaints.

As far as "loonie" goes, I will leave that to this site to decide.

Here a few more "loonies" complaining about the BBC's bias:

http://thescotsman.scotsman.com/index.cfm?id=564472003

http://www.telegraph.co.uk/htmlContent.jht...15/nmarr15.html

http://www.thebusinessonline.com/Stories.a...94257&SectionID

http://www.fwi.co.uk/Articles/2005/06/14/8...s+programme.htm

Poor old BBC :(

Edited by Realistbear

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I wonder if "Been hearing this for years" & "without a paddle" are aware that realistibear is posting on a forum on a minority website and does not in fact write the consistently biased headlines for the BBC, newspapers etc.

The Beeb and the rest of the VI mouth pieces are knowingly misrepresenting stats to suit an agenda purely intended to sell more papers/mortgages etc.

Realistibears expressing an opinion. On a forum.

Any comparisons are pointless and redundant.

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Always depends on which side of the fence you sit on though.

I tend to think that the BBC is fairly right wing on economic issues. I mean is lauding every piece of news on rising property prices left-wing or right wing. I would suggest right wing because it benefits those with properties over those without i.e. the haves and the have nots.

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As far as "loonie" goes, I will leave that to this site to decide.

You are a Man of deep religion I gather. The new testament is the greatest VI spin of all time.

Lots of original nasties were removed from the old testament so as to present a more acceptable image.

For example Moses told his soldiers to 'kill all the Men & Boys but to reserve the Women CHILDREN that had not lain with a Man, so as they may have thier pleasure as they wish'.

So before the tired old VI Spin accusation is pointed at anyone else might I suggest a word with God.

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I just find your double standards staggering.........

Did you in fact suffer any feelings of instability or lack of balance when reading the post?

Did you manouver anywhere with a unsteady to and fro motion?

I would suggest that you are exaggerating the magnitude of your reaction to suit your own bias.

The double standards displayed here knocked my socks off!!!

....really...my socks fell off...not a word of a lie :lol:

Edited by geneer

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,

Edited by dogbox

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Always depends on which side of the fence you sit on though.

I tend to think that the BBC is fairly right wing on economic issues. I mean is lauding every piece of news on rising property prices left-wing or right wing. I would suggest right wing because it benefits those with properties over those without i.e. the haves and the have nots.

Direct hit. I believe I read that Gordon and the boss at the BBC are politically connected? The policies of Gordon's NuLabour are decidedly right wing. I would almost say far right. HPI has not benefited anyone except the government (stamp duty and death taxes), speculators and lenders (and anyone who cashed out to live abroad). Individual homeowners may think their wealth has increased but its just an opinion as Mervyn King has pointed out. MEWing has caused untold damage and the poisin is only just hatching out in the form of reposessions and insolvencies.

Edited by Realistbear

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Individual homeowners may think their wealth has increased but its just an opinion as Mervyn King has pointed out.

Cash is only a Human construct and could also in theory become worthless. Property will at least have a utility value and therefore a monetary value long after cash crashed.

Also property wealth is real. It has enabled millions of people to go on and buy additional property both here and abroad. It aslo gave previous council tenants a real financial stake in society, a concept previously the reserve of the middle classes.

Socialists dont like people having power or control, they would much prefer those millions of Right To Buyers (like my parents) were still state reliant, sympathetic commrades. :lol:

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You are a Man of deep religion I gather. The new testament is the greatest VI spin of all time.

Lots of original nasties were removed from the old testament so as to present a more acceptable image.

For example Moses told his soldiers to 'kill all the Men & Boys but to reserve the Women CHILDREN that had not lain with a Man, so as they may have thier pleasure as they wish'.

So before the tired old VI Spin accusation is pointed at anyone else might I suggest a word with God.

I am not sure what "deep religion" means in the context of practical Christianity (love your neighbour, give to the poor, mercy and justice etc.). The allegation that the Old Testament was "edited" was laid to rest in about 1948 when they discovered the Dead Sea Scrolls. Dated about 250 B.C. they found that the O.T. we have today is unchanged from the original texts.

The O.T. seems to contain a lot of violent accounts of the conquest of Canaan. But, it seems that violence and war is sometimes necessary. Ponder this question:

Its 21st April 1889 and baby Adolf Hitler is being pushed in his pram. You foresee what this baby will become and you are armed with a gun. What do you do? Move on a few years and Adolf is addressing the assembly at Munich in the 1930's and you have a clear shot with a sniper's rifle.

Edited by Realistbear

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Oh for the love of Jesus!

Realistbear: Thank you for such a great post. I find it very difficult at how some people on this forum have totally missed the point you were trying to make. But then if we were all bright the world wouldn't be such an interesting place right? :lol:

I do think you managed to hit a few raw nerves here - and the reaction of some posters has been bordering on the hysterical.

Fear is a dangerous thing - poor little darlings must be panicking now :lol::lol:

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I wonder if "Been hearing this for years" & "without a paddle" are aware that realistibear is posting on a forum on a minority website and does not in fact write the consistently biased headlines for the BBC, newspapers etc.

The Beeb and the rest of the VI mouth pieces are knowingly misrepresenting stats to suit an agenda purely intended to sell more papers/mortgages etc.

Realistibears expressing an opinion. On a forum.

Any comparisons are pointless and redundant.

No my point (if i am allowed to have one?) is that when bullish posts with this bias have been posted, they have been pounced on and ripped to shreds. Surely this board should be a discussion board.....but where are the bulls!? It would make much more interesting reading if there was more debate IMO and i notice some of the more analytical members have simply stopped posting recently..... and I feel that weakens this forum….?

I got stick for my sign in when i joined and several members PM'd me saying "forget it" and saying they had stopped posting b/c of the MINORITY who abuse/name call.....etc.

Only around 450 people view these boards at most times and that is a very small minority and to interest new members surely fair play and balance need to be demonstrated otherwise IMHO it becomes a cult like club where SOME members are motivated by back slapping from fellow members.

IMO realisticbear comes across as slightly obsessed and seems to be flooding the boards with his opinions. (he has 6 new threads on 1st page at this moment) ......if a bull did this they would be deemed a TROLL. But it is a free country and if RB wants to post 20 threads and people want to read them.......it sure is no business of mine!!

Edited by beenhearingthisforyears

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  • 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%



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