Recovery of the Housing Market will come Quickly

Dithering_Dad

mewbie wrote: »

Excuse me for butting in.

Is this good enough evidence - from an article posted 27/3/08 - and the stats from Halifax and Nationwide indicate prices have dropped further since then.

"In Manchester, a repossessed flat bought for £178,000 in 2004, was recently offered at a London auction with a guide price of just £80,000."

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/02/21/cmbtl21.xml

I don't know why anyone bothers to argue that prices are not falling when it is crystal clear to anyone who can read what is going on.

Actually I do know, in the majority of cases it's just a wind up.

Repo's are always going to be much cheaper than equivalent properties, but they don't represent 'the norm'.

Don't get me wrong, I'm not a 'HPC deny-er', I just don't believe we're seeing '50% drops already' where real people are selling their houses at a 50% loss. One day, maybe but not today.

Jumping_Bean

Dithering_Dad wrote: »

I tend to tidy up after myself. If I've offered information or help to someone and I feel that it'll be of use to someone else, then I leave it. If it's a stupid argument that clogs up a thread (like this latest spat with !!!!!!?) then I delete my posts. If everyone did the same then we'd have less rubbish on the MSE servers and people wouldn't have to wade through all the crap to get to the information.

While it probably be better not to post the argumentative stuff int e first place, you sometimes just get dragged in. Take this thread, for instance I was astonished with the 50% property drops statement and expected it to be backed up with hard evidence that didn't include 'off plan' price drops but were actual private sales where real people had lost 50% of their property values. These weren't forthcoming so !!!!!! dragged me into an argument to disguise the fact that he makes outlandish and empty headline statements.

Rest assured that I'll be removing this spat too.

Bit suspicious if you ask me. Seems like you're hiding something you're ashamed of. When you give advice to someone on a forum (especially financial advice) that person may well want to have a look through your posts to see if you're a reasonable person and decide how much credibility to give your advice. Or to see if you're a troll acting in your own interests or instead can be trusted etc. Not very useful if you've deleted loads of what you've said previously. It also makes the threads in question even harder to read and no longer make sense. Bit suspect if you ask me.

Dithering_Dad

Max_Headroom wrote: »

Aww bless you, you brighten up a dull day with your little foot stamping tantrums at least.

Carry on.

lol! What tantrum? :rotfl:

Oh Max, not the old "I'm struggling on a forum so I'll pretend the other guy is mad and I'll do the 'calm down, calm down' trick". I expected so much more from you max. tut, tut.

I'm embarrassed for you, I really am <- Look, this is me blushing for you!

:rotfl:

lynzpower

Repo's are always going to be much cheaper than equivalent properties, but they don't represent 'the norm'.

but DD, they sort-of do dont they?
eg
Church st is a road of terraced houses
If 1 church st sells for 100k
then 2 church st goes up also for 100k , but cannot sell, gets repod, then eventually sells at auction at 75k , then that 75k figure is the "road average" that the surveyors will use as a comp.
When 3 church st comes on the market, EA will say I know you think its worth 100k , but next door only sold for 75, expect your buyers to know this - the surveyors to know this, and voila unless you get someone with a large cash injection... thats roughly about what you will expect to get.

Therefore all the 2 bed terraces on church st ( if they are of course roughly the same without extra bedrooms etc) are worth 75k unless someone comes along who doesnt need a mortgage adn pays more for cash- this will go on land reg, and that will be the comp.

Dithering_Dad

Jumping_Bean wrote: »

Bit suspicious if you ask me. Seems like you're hiding something you're ashamed of. When you give advice to someone on a forum (especially financial advice) that person may well want to have a look through your posts to see if you're a reasonable person and decide how much credibility to give your advice. Or to see if you're a troll acting in your own interests or instead can be trusted etc. Not very useful if you've deleted loads of what you've said previously. It also makes the threads in question even harder to read and no longer make sense. Bit suspect if you ask me.

You're entitled to your opinion JB, but I usually look at the number of posts someone has done if I feel someone is out 'trolling'. A lot of regular posters seem to create 'alter egos' with which to have a go at someone. They usually introduce themselves as 'long-time lurkers who just can't stop themselves from commenting' then go on a rant as though they've been in the Housing forum for years (which they have)'.

Out of curiousity, do you feel my 'where's the proof' comments to !!!!!!? on this forum were trolling?

WTF?_2

Walletwatch wrote: »

It is a valid point though, DD. What's with the deleting of posts once you are done with an argument? I looked up the only thread where I have written to you, and sure enough, your posts are missing there as well..

http://forums.moneysavingexpert.com/showthread.html?t=1063393

Cheers
WW

It's prima facie trolling.

DD specialises in getting nasty and very personal. Then, afterwards he goes in and deletes his posts so there's no record of the bile he has spewed.

He's also great at making comments designed to obfuscate the argument- like all the 'negro' stuff he pulled out of his behind to interject into the first argument I had with him. Then when he deletes his posts afterwards the whole situation is confused.
Pretty despicable behaviour. Especially given the context of this latest vicious little spat it's more than a little ironic that he isn't prepared to let comments he makes here stand on the record.

WTF?_2

Dithering_Dad wrote: »

Repo's are always going to be much cheaper than equivalent properties, but they don't represent 'the norm'.

Don't get me wrong, I'm not a 'HPC deny-er', I just don't believe we're seeing '50% drops already' where real people are selling their houses at a 50% loss. One day, maybe but not today.

When did I claim they represented the norm?

If you are going to nitpick every little comment I make (or jump in on chuck's nitpick theme), then nitpick what I actually said and not what you want to read into it.

Generali

!!!!!!? wrote: »

It's prima facie trolling.

Now there's something you don't read every day! I can just imagine Rumpole saying that!

Dithering_Dad

!!!!!!? wrote: »

He's also great at making comments designed to obfuscate the argument- like all the 'negro' stuff he pulled out of his behind to interject into the first argument I had with him.

You're still smarting from that aren't you !!!!!!?, that's what this is all realyy about (and the other rants you've had at me).

All I can say is that you shouldn't lose control and start using words like 'negro' and 'retard' if you're ashamed of it later. I'd be ashamed too if I were you. I was appalled and so were a lot of the regular posters on here who PMed me afterwards.

What you need to remember is that there is a silent majority of MSE people who are decent folk and are shocked by the use of those words. They don't want to get involved in spats with you but are disgusted enough to PM me about it.

WTF?_2

Dithering_Dad wrote: »

All I can say is that you shouldn't lose control and start using words like 'negro' and 'retard' if you're ashamed of it later. I'd be ashamed too if I were you. I was appalled and so were a lot of the regular posters on here who PMed me afterwards.

I didn't "start using words like 'negro' and 'retard'" on that thread as anyone who goes back and looks at the thread can see for themselves.

Unlike you, I don't delete posts after I make them so they stand on record.


Y'know, you really can't help yourself, can you? Even when other posters start remarking on your troll tactics and highlighting your habit of deleting your posts after your trolling sessions you still keep on baiting, rgardless. Like the Duracell Bunny keeps on drumming, you just keep on baiting and spoiling for a slanging match.

In all my years of posting to the Internet (and I was posting on usenet back in the early 90s) I've never come across a personality quite like yours in it's desire to get nasty and personal with anonymous strangers.