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Debate House Prices
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Crash Crash Crash !!!!!!!!!!!!!!!!!!!!!!!!!!!
Comments
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Should be fine if people secure the finance costs they'll have taken the waves from one bubble popping to counter the other :j
Hedging your bets, then all you need is a tank for the Marxist revolution0 -
What a surprise. Prices are rising yet HPC are predicting another crash...This time 2020...We love Sarah O Grady0
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What a surprise. Prices are rising yet HPC are predicting another crash...This time 2020...
Stopped clock syndrome.
It's right for one minute every 12 hours.
There will be another crash one day. After the recovery has completed and the next boom has taken place. But the recovery has only just started and will take years to complete, and then we have the next boom over many years or perhaps even a decade.
I suspect it'll be a bit later than 2020. Late 2020's to early 2030's is my guess for the next crash, based on demographics.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Did you just predict a crash?0
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Did you just predict a crash?
Bust follows boom follows bust follows boom follows bust.....
It's the way of the world.
But as someone elsewhere noted, 300% rises followed by 20% falls, hardly vindicates the housing bears.....“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Hey I just worked it out.
The HPC members may be waiting and paying rent for 20 years in total.
They could have been mortgage free....Bruce Spanners area is still dropping by the way....lolWe love Sarah O Grady0 -
In Detroit where houses can go to zero thats money well spent, all depends on the long term perspective0
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The nominal price of houses will largely depend on the government's ability to maintain the present policy of deficit funding and currency devaluation.
Present track record, coupled to the prospects after the next general election, are pointing to more of the same and rationalising another house price bubble.0 -
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Its not a profit till you sell you know
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