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Denial to Acceptance on MSE
mizzbiz
Posts: 1,434 Forumite
Something has struck me of late whilst reading these forums as I usually do. When I started posting again a few months back, the general atmosphere on this forum in particular was quite frosty. You couldn't even imply that house prices may be on the way down without someone shouting you out. In some cases, some of the threads on here were open warfare, with abuse and insults being hurled from both 'sides'.
Where has all the aggro gone? Are we seeing the workings of the kubler ross model on MSE? Anger and denial has been superceeded by acceptance! :eek:
Even Mr Broderick and Pickles have taken time out to calculate their total negative equity (:p) and have been less frequent on here. Indeed, if my memory serves me correctly, Pickles actually started a thread on the declining market.
Just an observation. MSE has gone back from edge and has become a debate and discussion forum again. Okay, there is still some sniping at unfortunates in the press and some on here that have landed themselves in the doodoo, but then, i'm the first to have a go when there is so much information available these days.
Where has all the aggro gone? Are we seeing the workings of the kubler ross model on MSE? Anger and denial has been superceeded by acceptance! :eek:
Even Mr Broderick and Pickles have taken time out to calculate their total negative equity (:p) and have been less frequent on here. Indeed, if my memory serves me correctly, Pickles actually started a thread on the declining market.
Just an observation. MSE has gone back from edge and has become a debate and discussion forum again. Okay, there is still some sniping at unfortunates in the press and some on here that have landed themselves in the doodoo, but then, i'm the first to have a go when there is so much information available these days.
I'll have some cheese please, bob.
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Comments
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you just have to wait a while and then it will all start again with denial that prices are rising when the next cycle starts0
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I have not seen a post from Pickles on here in a while..... He seems to be MIA.
Another poster a few weeks back made the claim that jobs in the place where Pickles is known to work were disapearing and repo's in the area were on the increase.
Maybe he has switched to the DFW board.....0 -
I was thinking exactly the same thoughts the other day, except I couldn't have phrased it as well as you. To my mind there seem to be new posters on here that have a very balanced viewpoint and are more interested in moving forward with advice rather than staying in some sort of abusive loop.
It's still great to see Pastures New and Neverdespairgirl still about, hopefully they won't fly the nest.
Tis a bit worrying, perhaps we are all in some sort of Stepford mode of acceptance and we've lost our bite....:beer:0 -
i think it is just a shame that some bears forget how much abuse they got for giving their predictions and beliefs about the market, say 1-2 yrs ago, and are now dishing it out in spades to anyone who disagrees with them. I mean, I can see where they are coming from (now we can get our own back!) but I thought they could be the bigger man. Then again I guess all of the old bull posters have disappeared off this board; and a lot of the bears are new here in the last 6m and didn't experience it all...
Me? I mostly just watch from the sidelines... I am a cuddly teddy bear but when I decide to buy a house within the next 12m I'm disappearing and never coming back for fear of the abuse I'd get!!0 -
you just have to wait a while and then it will all start again with denial that prices are rising when the next cycle starts
You'll have to wait until about 2010/11 before prices have any chance of going into the 'rising' part of the cycle. I suspect they'll bottom for a couple of years around 2010 and start rising again in the 2012 timeframe myself.--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
I'd love to agree with the OP that there is far less sniping on here than there used to be - to some degree I do, in that there are few of the bulls left, and those there are, are generally well-mannered if bizarrely (to my mind at least!) optimistic, like I'veSeenTheLight - however my own personal experience of late has led me to feel that that is a slightly rosy view, with bulls being replaced by trolls.
Still, I very much hope you are right and we have seen the end of the bulls 'shouting you out' (with the exception of mr b and his seemingly limitless obsession with me :rolleyes:).0 -
You'll have to wait until about 2010/11 before prices have any chance of going into the 'rising' part of the cycle. I suspect they'll bottom for a couple of years around 2010 and start rising again in the 2012 timeframe myself.
I didn't put any date on it at all.
That said the first "HOUSE PRICES ARE CRASHING THREAD" was in 2004, so maybe it is time to start the "HOUSE PRICES ARE RISING THREAD" now. It'll be right one day just like the crash thread0 -
You'll have to wait until about 2010/11 before prices have any chance of going into the 'rising' part of the cycle. I suspect they'll bottom for a couple of years around 2010 and start rising again in the 2012 timeframe myself.
Next spring I think will bring substantial activity to the market as long as interest rates have fallen.
It's so easy to over sit the bottom, waiting for clear signs but by the time you get confirmation the desperate sellers will be a distant memory.
I think this winter is a good time to buy with a hefty reduction. Just so you know I sold my B2Ls in 2006, so I am in no way a bull / optimist.
I wound say if you can get 20 - 30% of summer 07 pricec this winter, thats probably pretty reasonable, so it's not worth taking the risk of a wait and see policy for at best another 10% fall. These deep discounts can only be had WHEN THERE ARE NO BUYERS ON THE STREET.0 -
Lets not forget most people prefer thier own bricks and mortar over pensions as a wealth store, so as soon as rates take a small drop people will return once again to march with the property pied piper. The masses on the whole dont see any alternative place to store wealth apart from relatively small ISA allowance contributions.
I have the advantage in my business role of being able to converse with experienced property investors, and the general consensus is to buy now, and not allow such a rare gift to pass by. The opportunity to take advantage of desperate sellers only comes along once every 15 years or so.0
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