Cost of living squeeze in 2022
Discussion
Throttlebody said:
monthou said:
Throttlebody said:
Crash is a word owned by you not me.
I'll spin it as the housing market is now on a downward trajectory.
A downward trajectory that's going up?I'll spin it as the housing market is now on a downward trajectory.
You need help.
That you can't answer that simple question in a straightforward way says it all.
OzzyR1 said:
Throttlebody said:
Nationwide must have worked their nuts off to squeeze out a 0.3% rise. I'll round that down to zero, so everybody's a winner.
Significant point is, the decline, fall or whatever convenient word you would like to employ highlights the market is heading south. You all know it, but just like to hang in there in some form of false hope.
Don't think anyone has used the words "decline" or "fall" to describe the current market other than you.Significant point is, the decline, fall or whatever convenient word you would like to employ highlights the market is heading south. You all know it, but just like to hang in there in some form of false hope.
You said on this thread earlier; lets wait for the latest Nationwide data.
It's out and is showing a small mom rise of 0.3%.
Less of a mom rise when compared to the last 12-18 months, but still a rise.
How you spin this as a fall astonishes me, you are either trolling or genuinely clueless.
Open your mind to where its all heading rather than clinging to one statistic.
Sway said:
Throttlebody said:
kiethton said:
Throttlebody said:
Biggy Stardust said:
Throttlebody said:
The cost can ‘fall’ relatively though, ie from period to period. Brings down the average. Also well worth understanding.
Please stop.Nationwide Jun data is out soon. Should be interesting.
"Monthly, house prices are still growing, with a seasonally adjusted 0.3% uptick from May to June"
Significant point is, the decline, fall or whatever convenient word you would like to employ highlights the market is heading south. You all know it, but just like to hang in there in some form of false hope.
Throttlebody said:
monthou said:
Throttlebody said:
Crash is a word owned by you not me.
I'll spin it as the housing market is now on a downward trajectory.
A downward trajectory that's going up?I'll spin it as the housing market is now on a downward trajectory.
You need help.
First 12 months have 0.5% mom growth
Months 13-18 at 0.25%
Months 19-24 at 0.1%.
Smaller increases after 12 months in your world equate to property prices falling...
You asked for a plot on a graph, see below.
Can't see a downward curve - can't imagine why.
monthou said:
Throttlebody said:
monthou said:
Did the average price go up or down last month?
That you can't answer that simple question in a straightforward way says it all.
Ask yourself what the monthly trend is.That you can't answer that simple question in a straightforward way says it all.
Big shock.
Throttlebody said:
monthou said:
Throttlebody said:
monthou said:
Did the average price go up or down last month?
That you can't answer that simple question in a straightforward way says it all.
Ask yourself what the monthly trend is.That you can't answer that simple question in a straightforward way says it all.
Big shock.
You said above, follow the trajectory so using that 0.3% have simplified for you if it repeats over the next 12 months.
The figures do not support your argument, no matter which way you try to spin them.
If I am wrong then show me why.
Won't hold my breath for a response.
Throttlebody said:
OzzyR1 said:
Throttlebody said:
Ask yourself what the monthly trend is.
See my post above - it's upwardNot aligned to Nationwide's actual monthly data which is trending down at a significantly faster rate.
Trending and rate are key words
My brother-in-law is in the leadership team, might be promoted to board in a few years time.
He doesn't have access to that level of information and even if he did, it would be more than his job is worth to tell me or my family. Your source must be at the top-level and a real gossip.
Or you are talking c**p... if we were to have a bet, I know where my money will be.
dmahon said:
Are we still debating whether an increase is actually a fall?
Can we at least agree to disagree as this was a decent thread.
Apologies, I took the bait - couldn't believe the total b*llocks that Throttlebody was typing.Can we at least agree to disagree as this was a decent thread.
Quite clear now, especially after his reference to "Nationwide internal data", which I personally know to be untrue, that he is either a troll or an idiot, likely both.
Will not rise to it again and sorry for derailing the topic.
Throttlebody said:
So a fall, decline, drop or consitently reducing monthly rise. Fact. The trajectory is clear. Look back at previous months data.
Open your mind to where its all heading rather than clinging to one statistic.
It's levelling off after a fairly steep climb. We'll see what happens next but I predict small variations around level flight for a while.Open your mind to where its all heading rather than clinging to one statistic.
Biggy Stardust said:
Throttlebody said:
So a fall, decline, drop or consitently reducing monthly rise. Fact. The trajectory is clear. Look back at previous months data.
Open your mind to where its all heading rather than clinging to one statistic.
It's levelling off after a fairly steep climb. We'll see what happens next but I predict small variations around level flight for a while.Open your mind to where its all heading rather than clinging to one statistic.
https://www.theguardian.com/money/2022/jun/30/brit...
t news. Deep Thought said:
dmahon said:
Are we still debating whether an increase is actually a fall?
Can we at least agree to disagree as this was a decent thread.
This is what happens when a troll is indulged and humoured for too long.Can we at least agree to disagree as this was a decent thread.
He thinks he has a platform and an audience.
Why have the MODs not banned if it is trolling.
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