KIRK AND CO Posted September 28, 2013 Share Posted September 28, 2013 According to there headlines on front page house prices rising by £22.00 a day, how can that be sustained ?. Link to comment Share on other sites More sharing options...
WeegieDave Posted September 28, 2013 Share Posted September 28, 2013 According to there headlines on front page house prices rising by £22.00 a day, how can that be sustained ?. Oh really? And where is this? Certainly not in the areas of my friends and family who are sitting in negative equity and unable to sell their homes! Link to comment Share on other sites More sharing options...
Guest guest30085 Posted September 28, 2013 Share Posted September 28, 2013 Oh really? And where is this? Certainly not in the areas of my friends and family who are sitting in negative equity and unable to sell their homes! I think he's talking about Oz, Dave. In particular in Perth where housing prices are unsustainable ... Link to comment Share on other sites More sharing options...
WeegieDave Posted September 28, 2013 Share Posted September 28, 2013 I think he's talking about Oz, Dave. In particular in Perth where housing prices are unsustainable ... Why would a report on Aussie house prices be on the front page of a British tabloid??? :rolleyes: Link to comment Share on other sites More sharing options...
Guest guest30085 Posted September 28, 2013 Share Posted September 28, 2013 Why would a report on Aussie house prices be on the front page of a British tabloid??? :rolleyes: It was supposed to be sarcasm aimed at the endless optimism, it didn't work then :wideeyed::wink: As in, I can't think of anywhere in the UK where property is rising at £22.00 a day therefore he must be meaning Oz ... Ill go back to bed I think :no::wink: Link to comment Share on other sites More sharing options...
WeegieDave Posted September 28, 2013 Share Posted September 28, 2013 It was supposed to be sarcasm aimed at the endless optimism, it didn't work then :wideeyed::wink: As in, I can't think of anywhere in the UK where property is rising at £22.00 a day therefore he must be meaning Oz ... Ill go back to bed I think :no::wink: Yes, I think you had better... Either that or I have spent too much time in Australia and no longer 'get' sarcasm?! :err: Link to comment Share on other sites More sharing options...
KIRK AND CO Posted September 28, 2013 Author Share Posted September 28, 2013 Oh really? And where is this? Certainly not in the areas of my friends and family who are sitting in negative equity and unable to sell their homes! It did say whole of uk but I do question that plus it was the daily express (did not buy it ) Link to comment Share on other sites More sharing options...
Parley Posted September 28, 2013 Share Posted September 28, 2013 Doesn't sound like much really. Link to comment Share on other sites More sharing options...
Guest51810 Posted September 28, 2013 Share Posted September 28, 2013 Are you their financial expert? Link to comment Share on other sites More sharing options...
Parley Posted September 28, 2013 Share Posted September 28, 2013 Assuming a 200000 pound house, it is only an annual growth rate of a bit over 4%. So maybe what you would expect in an average year. Link to comment Share on other sites More sharing options...
KIRK AND CO Posted September 28, 2013 Author Share Posted September 28, 2013 Doesn't sound like much really.£8,000 a year average Link to comment Share on other sites More sharing options...
Parley Posted September 28, 2013 Share Posted September 28, 2013 £8,000 a year average Which is not that much on a 200000 pound property. It is only 4% annual growth. Link to comment Share on other sites More sharing options...
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