I see you've retreated from the other thread where your original mistake has been highlighted.
Informed debate with someone who has a different point of view is worth the effort. Exchanges with someone who can't see the error in their own post and does not know the difference between a deposit and a loan clearly is not worth continuing.
I'll leave it here, content in the knowledge that your obvious glee stems from your ignorance.
Anon, still unable to see it was their failure to know the difference between a 100% loan and a 100% deposit, makes an idiot of themself for the 4th time.
Is that the poster formerly known as Brain/Brain who is making himself look more ridiculous? You didn't folllow the comment on the other thread and you've embarrassed yourself more by highlighting your ignorance on another thread.
You are obviously useless with taking in details. Admit it - you bought a house in 2007 with a 125% mortgage from Northern Rock and now you cant cope with informed debate and opinions that show you made a very very poor decision.
rantrave- you not going to post your comment about making illegal to borrow to buy a house- quality post, you often look naive, but even for you that’s pure stupidity!
I posted this on a thread yesterday - strip out the seasonal adjusting Halifax have applied and the monthly fall in the average UK house price was £3,500, well over 2% (more than £100 a day). It was the second biggest fall since 2008, far greater than October to November periods in previous years.
For the sake of balance and discussion, by Halifax's own data, the salary multiple now needed to buy the average UK house is back at the levels of Autumn 2002.
The data I'm using can be found here:
www.lloydsbankinggroup.com/media/excel/2011/06.12.11historicdata.xls
Comments
Do they teach EAs the difference between deposits and loans? There's at least one out there who doesn't know the difference.
He used to post with the name Brian and even then would get that wrong from time to time and spell it wrong.
Having failed to make a single meaningful contribution and embarrassed himself with silly comments, he has to post anonymously these days.
2011-12-07 12:28:33 - was the moment Brian told the world he doesn't know the difference between a deposit and a loan.
Added by rantnrave on 2011-12-07 12:30:56
100% deposits, not 100% loans. What would happen to UK house prices if it became illegal to buy a property with borrowed money?
Great news, lets hope the falls continue.
Dictionary:
Stagnation = A term to describe a period of continual house price falls but not alarm the public or vested interests.
Rant....dont rise to fella or about the cut and paste.....plenty of EA's on here do it too!
I see you've retreated from the other thread where your original mistake has been highlighted.
Informed debate with someone who has a different point of view is worth the effort. Exchanges with someone who can't see the error in their own post and does not know the difference between a deposit and a loan clearly is not worth continuing.
I'll leave it here, content in the knowledge that your obvious glee stems from your ignorance.
Posted by rant- mental but he did.
What would happen to UK house prices if it became illegal to buy a property with borrowed money?
rantrave world LOL!
Anon, still unable to see it was their failure to know the difference between a 100% loan and a 100% deposit, makes an idiot of themself for the 4th time.
You really should quit while you are behind.
Added by rantnrave on 2011-12-07 12:30:56
100% deposits, not 100% loans. What would happen to UK house prices if it became illegal to buy a property with borrowed money?
LOL
Is that the poster formerly known as Brain/Brain who is making himself look more ridiculous? You didn't folllow the comment on the other thread and you've embarrassed yourself more by highlighting your ignorance on another thread.
You are obviously useless with taking in details. Admit it - you bought a house in 2007 with a 125% mortgage from Northern Rock and now you cant cope with informed debate and opinions that show you made a very very poor decision.
rantrave- you not going to post your comment about making illegal to borrow to buy a house- quality post, you often look naive, but even for you that’s pure stupidity!
News Flash!
House Price Crash - average price 1% lower than this time a year ago. Buy Now!
Nice cut and past from rant again, everyone stop now hes told you all your opinion.
I posted this on a thread yesterday - strip out the seasonal adjusting Halifax have applied and the monthly fall in the average UK house price was £3,500, well over 2% (more than £100 a day). It was the second biggest fall since 2008, far greater than October to November periods in previous years.
For the sake of balance and discussion, by Halifax's own data, the salary multiple now needed to buy the average UK house is back at the levels of Autumn 2002.
The data I'm using can be found here:
www.lloydsbankinggroup.com/media/excel/2011/06.12.11historicdata.xls
Jolly good, more of the same next month please Land Registry and Halifax.
Nationwide, please do stick to the programme, your bullish reports aren't fooling anyone.