Nationwide HPI: Dec 09 Down 2.5%

WTF?_2

mr.broderick wrote: »

:rotfl: :rotfl: Angry, Patronising, the adjectives are endless !!

Why not try contributing something on topic to the group instead of picking on other posters?

I know you must be under a lot of personal stress given the way that your trade is being hammered but that's no excuse to sit there taking it out on other MSEers.

Snooze

Generali wrote: »

Frankly nobody has. No economist had economic models written around house prices doubling and then the entire banking system being insolvent. As such, any attempt to come up with a concrete prediction is a guess at best.

You can come up with ideas like:

- Reversion to mean (house prices reverting to a long term average real value)
- HPER (House prices:earnings ratio, the average house price being a certain multiple of the average wage)
- Rental yield (Average house price being a certain multiple of the rent pa paid by a tenant)
Affordability (FTB or average mortgage payments being a certain %age of the average salary on average)

We are in a unique situation in economic history and nobody has a clue what'll happen next. I have my views, others have theirs but nobody knows what'll happen next.

What happens if the Russians get fed up with the Ukrainians stealing their gas and turns the taps off for example? That won't do the economies of Western Europe much good as they get the gas after the Ukraine. I bet not too many people have priced that into their predictions. What if the UK Government prints money to buy new mortgages off the banks? What if the UK Government is insolvent?

There are too many ifs for any predictions to be taken too seriously right now. It's fun to make and discuss them though.

The only thing that is certain around here is that Mitchaa won't be gloating in 12 months time like he is doing now because his house will be worth £2.50 just like everyone elses, regardless of how much he thinks Aberdeen is immune from what's happening in the rest of the UK. :rotfl:

Rob

fatpig_2

the buy to let chancer brigade get a bit hot under the collar as they see their slum dwelings collapse in value :rotfl:

JonnyBravo

!!!!!!? wrote: »

Why not try contributing something on topic to the group instead of picking on other posters?

I know you must be under a lot of personal stress given the way that your trade is being hammered but that's no excuse to sit there taking it out on other MSEers.

:rotfl:

Yeah, you naughty mr.b.
Make sure you follow the shining example set by !!!!!!?

:rolleyes:

!!!!!!? wrote: »

Mitch, you set yourself up for taking a slagging off with all your "Scotland is different, my job is 100% safe, things have never been better, I'm making loads of money" posts here.

!!!!!!? wrote: »

Maybe he should change it to "I might still be able to come out ahead if I'm quick".

All valuable contributions.

mr.broderick

!!!!!!? wrote: »

Why not try contributing something on topic to the group instead of picking on other posters?

I know you must be under a lot of personal stress given the way that your trade is being hammered but that's no excuse to sit there taking it out on other MSEers.

Don't confuse picking on with defending the posters she is picking on.

On the contrary no stress here !!!!!!, work bucking the trend but thankyou for taking an interest. Wife just been promoted so even more money into the broderick household. Got 50% equity in our lovely pad due to years of hpi but don't worry !!!!!!, you've got it all to come. Good Luck

mr.broderick

Snooze wrote: »

The only thing that is certain around here is that Mitchaa won't be gloating in 12 months time like he is doing now because his house will be worth £2.50 just like everyone elses, regardless of how much he thinks Aberdeen is immune from what's happening in the rest of the UK. :rotfl:

Rob

Welcome back we've missed you x

ad9898_3

Generali wrote: »

TBH I think that 2 threads that have become devoted to kicking mitchaa is pretty close to bullying if not actually bullying. Play nice guys!

I agree somewhat, however mitchaa has done his fair share back in the past. One thing I would like to congratulate mitchaa on, is coming on here today knowing he was going to take some s**t, respect where it's due, some people wouldn't have done.

WTF?_2

JonnyBravo wrote: »

:rotfl:

Yeah, you naughty mr.b.
Make sure you follow the shining example set by !!!!!!?

All valuable contributions.

Describing another posters posts as "Angry, Patronising, the adjectives are endless !!"

is somewhat different in tone to saying :

"Maybe he should change it to "I might still be able to come out ahead if I'm quick"."

when taking the mick out of a boastful sig that is looking increasingly ropey in the light of facts.

But why bother with such distinctions, that would imply a sense of perspective and even handedness on your part.

mr.broderick

!!!!!!? wrote: »

Describing another posters posts as "Angry, Patronising, the adjectives are endless !!"

is somewhat different in tone to saying :

"Maybe he should change it to "I might still be able to come out ahead if I'm quick"."

when taking the mick out of a boastful sig that is looking increasingly ropey in the light of facts.

But why bother with such distinctions, that would imply a sense of perspective and even handedness on your part.

Come on !!!!!! you know it and i know it, as soon as the bottom is reached your thanks count is going to come to a grinding halt.

WTF?_2

mr.broderick wrote: »

Come on !!!!!! you know it and i know it, as soon as the bottom is reached your thanks count is going to come to a grinding halt.

What my thanks count has to do with anything is unclear, though thanks from taking time out from enjoying your recent additional prosperity that you were keen to describe and showing your concern

As soon as I reckon the bottom is reached I'll be buying (hopefully debt free on the house) and will most likely be too busy sorting my new house out to post.