Housepricecrash.co.uk & MSE

StevieJ

BACKFRMTHEEDGE wrote: »

Here's some threads from HPC

Lost Me Job

http://www.housepricecrash.co.uk/forum/index.php?showtopic=97205

http://www.housepricecrash.co.uk/forum/index.php?showtopic=101955&st=45

http://www.housepricecrash.co.uk/forum/index.php?showtopic=97214&st=0&p=1505924&#entry1505924

http://www.housepricecrash.co.uk/forum/index.php?showtopic=104246&pid=1668583&start=0&#entry1668583

Maybe we should around laughing our head's off.

Ha ha ha didn't those fools at HPC realise they would lose their jobs in a recession and they still wouldn't be able to afford a house:rotfl:*sarcasm*

Those posters are sick I agree:mad::o
.

I understand the temptation to laugh, but that just reduces you to their level. It is not pleasant for any person to lose their job and some of these people have families to look after.

Durhamborn

chucky wrote: »

they want to be individuals and have bought into gold - that's one big gold bubble that's going to bust :rotfl:



HPC.co.uk was started in 2003 - of course they will get it right at some point, a broken clock is right twice a day. the bubble would always burst - how super intelligent to predict it. there are some decent posters on HPC but there a big bunch of nobodys who think they are top economists



they bang on about hyper inflation hitting the UK- wouldn't that mean property prices increasing? but they think it's best to keep on renting... :rotfl:

You have hyperinflation now,its called the money supply and its going up 15% a year.This is no normal downturn.High inflation in the past did not play out in a global economy.Unions were strong.Wages went up in tandem with inflation,hence houses rising.

What you are about to witness is an inflationary depression.Wages will fall against prices.The UK is bankrupt.The currency is on a knifedge.We import and run a massive current account deficit.So prices will rise fast but wages wont.

Food went up last year 10.1%,wages 3.1%.

So you have peoples debt stuck at its nominal sum.Inflation shooting higher and wages falling.Thats before the massive tax rises that must come.Real income is going to get slaughtered.

In theory it will fall to the level of asian countries.BUT we are carrying huge deficits,so it will fall below theirs.

Labour have done the opposite of what was needed.We needed higher interest rates,public spending cuts and tax cuts on earnings.

Anyone with large debts in the UK is in serious trouble,.Youl be running against falling earnings in real terms for a decade.

Labour is banking on crashing sterling and inflation.It will get both,but earnings wont follow this time.That is the folly.Anyone with assets is moving them out of this country,thats why Brown is about to print money.The gilt market will crash soon enough,.Every day the government make it worse not better.

In may 2010 the tories will wipeout labour at the election,within days interest rates will be raised,perhaps to 8% or more.They will do what they had to do in 79,rescue the economy from total collapse.The last big drop will happen in houses as the higher interest rates shake out the last of the over-leveraged.

That will be the time to buy property and other assets priced in sterling IMO.

pipkin71

fermi wrote: »

I almost feel like joining there to post the same.

We are watching you watching us watching you watching us watching you watching us..................................:eek::eek:

Sorry.

:rotfl: :rotfl: :rotfl:

LydiaJ

johnny_storm wrote: »

I can give you an exact example of proof.

This thread:-

http://forums.moneysavingexpert.com/showthread.html?t=1505247

RichC said in the mse forum, (I quoted him on hpc as I knew they would be deleted):-


Sorry, but how do you expect some first time buyer to come along, pay your full asking price, and then be able to live a life? It's !!!!less, irresponsible whingers like you that have taken out unaffordable mortgages to drive property prices out of reach of reasonable people. You did this to other people. Are they now saying they're going to commit suicide because they can't afford a house -- no, they're listening to people like you demand a bailout. You and your mum won't be the first to go bankrupt and you won't be the last. Get over it.

And enough of the emotional blackmail of threatening suicide.

[editors: f eck less is not a bad word.]

and then

My mother declared bankruptcy 6 months ago. I've spent the past 2 yours emotionally and financially supporting her through the process. I have quite a bit of incite into the OP's mindset.

And, frankly, I am upset by this person's actions. I get to see my partner about 2 hours a week because we work so much, yet we still can't afford a decent home to buy because numpties like the OP have gone and borrowed ridiculous amounts of debt to plough into the property market. Now, our taxes are going up for bail outs to this woman so we can work harder and see each other even less. How is that fair? Explain to me why I shouldn't be angry?


Both deleted!!!!

Sorry to come a bit late to this discussion, but you've missed the point.

These posts weren't deleted on the grounds of not being allowed on MSE. They were deleted because they weren't appropriate for DFW. If you'd posted them on some other MSE forum, they would have been fine. I mean, you've just posted them here, and nobody's been along to delete them, have they?

DFW is for helping people to get out of debt. The only things you can post there are things that will help people to get out of debt, and that includes trying to give them the confidence to face the facts and do something about it instead of burying their heads in the sand. The people in charge on DFW will delete anything unhelpful. As someone else has already pointed out, your expression of anger wouldn't be helpful to the OP at all.

It's quite simple. If you don't want to be helpful to people who are in debt, then stay away from DFW. Post your opinions in the general discussion forums here instead, and there'll be plenty of people happy to debate with you.

StevieJ

Durhamborn wrote: »

You have hyperinflation now,its called the money supply and its going up 15% a year.This is no normal downturn.High inflation in the past did not play out in a global economy.Unions were strong.Wages went up in tandem with inflation,hence houses rising.

What you are about to witness is an inflationary depression.Wages will fall against prices.The UK is bankrupt.The currency is on a knifedge.We import and run a massive current account deficit.So prices will rise fast but wages wont.

Food went up last year 10.1%,wages 3.1%.

So you have peoples debt stuck at its nominal sum.Inflation shooting higher and wages falling.Thats before the massive tax rises that must come.Real income is going to get slaughtered.

In theory it will fall to the level of asian countries.BUT we are carrying huge deficits,so it will fall below theirs.

Labour have done the opposite of what was needed.We needed higher interest rates,public spending cuts and tax cuts on earnings.

Anyone with large debts in the UK is in serious trouble,.Youl be running against falling earnings in real terms for a decade.

Labour is banking on crashing sterling and inflation.It will get both,but earnings wont follow this time.That is the folly.Anyone with assets is moving them out of this country,thats why Brown is about to print money.The gilt market will crash soon enough,.Every day the government make it worse not better.

In may 2010 the tories will wipeout labour at the election,within days interest rates will be raised,perhaps to 8% or more.They will do what they had to do in 79,rescue the economy from total collapse.The last big drop will happen in houses as the higher interest rates shake out the last of the over-leveraged.

That will be the time to buy property and other assets priced in sterling IMO.

See what you mean Chucky Ask the Irish if they would mind a crashing Euro :rolleyes:

http://business.timesonline.co.uk/tol/business/columnists/article5779874.ece

Doozergirl

Generali wrote: »

It's all people agreeing with each other. If you stray from the 'party line' you get banned.

(((hugggggs)))

It's hugs in disguise. "Here's a slap in the face you old git" (how do you do that without getting censored!) when actually they're saying "yes, i really agree with you - can we have a cup of tea and a semi-naked hug together?"

WibbleSnarf

I come in peace and genuinely don't wish to cause offence to anyone on here but I think the fundamental difference between the 2 fora is an intellectual one - it's analogous to comparing a Tabloid with a Broadsheet. The content on this site is intentionally made very accessible whereas HPC can seem like a blur of acronyms and jargon to the uninitiated.

The accuracy of the economic insight presented on the MSE fora is stifled because of the overriding theme of offering reassurance and sympathy to those who have got themselves into financial difficulty - it can make it very difficult to tell someone they are really in the mire when they are unashamedly begging to be told that everything's gonna be ok. It's a sympathy versus a cruel to be kind thing but philosophically, if you post on MSE saying that you've MEWed yourself up to the hilt because Kirsty Allsopp said you were wise to do so then you'll get a few (((hugs))) and be told that it's only money but if you post the same thing on HPC then you'll be slapped across the face with a few home truths sooner that you can say quantitative easing. HPC isn't about pulling punches, it's about saying it as you see it - that's something that doesn't sit comfortably for everyone.

Ultimately it's all about the poster. If you're financially up the creek but are thick skinned and can take criticism on the chin then I've little doubt that the advice doled out on HPC will see you financially recovered sooner and sounder than that doled out here (a hug and a hot soak with some bath salts might soothe the soul in the short-term but it won't fix the cause of the weary soul) but the stereotypical debt-laden working-class Brit doesn't always like to take responsibility for their own actions when they were only doing what all their friends, neighbours and colleagues were doing. Revealingly, the right-hand side of the page alludes to the difference in philosophy between the 2 sites. "CONSUMER REVENGE," it shouts. Revenge against whom? If people did their own proper research and made informed decisions based on the information that pervades our everyday lives then they wouldn't need 'revenge'. This 'getting one over' philosophy only really works when the site is a minority tool, and the 'few' are getting an edge over 'the masses' who are effectively subsidising them. I remember this site when it was just that - and it was a useful tool back then. When that 'revenge' becomes mainstream then the playing field is re-levelled and nobody gains an advantage.

That's where the intellectual difference comes in. Many of those posting of their suicidal feelings and seeking exoneration of their poorly made decisions on MSE would struggle to keep up with the discussions on HPC. That's why HPC works - where MSE has now gone mainstream and every man and his dog knows where to go for Mothercare vouchers or how to claim back their charges from the dastardly banks, only those with the interest, attention span and comprehension to do so can benefit from the cream of HPC.

As I said at the start of the post, I don't mean to offend anyone - I'm not saying that this place is nothing but a throng of dimwits, it just has more than its fair share as a consequence of positioning itself as a refuge for those who have made unwise decisions and now need help because of the mess they find themselves in.

There is room on the internet for both sites but, for now, it's back on with my tin foil hat and off to HPC for me to discuss whether tinned peas or beans last the best.

StevieJ

I suggest you go back where you came from, you sound pathetic, HPC intellectuallly superior :rotfl::rotfl::rotfl:

StevieJ

MyLastFiver wrote: »

No. What I mean is - they're right that some threads on DFW are nauseating. All the hugs and "awwww go and make a cup of tea" get on my wick.

Bleeeargh.

The other day there was a woman on DFW asking for advice about how she could get out of making her catalogue payments by challenging the company to come up with the credit agreement. I suggested to her that, if she had received the goods, she should at least attempt to pay for them. Then I was shouted down for being "judgemental" and "not being supportive" :rotfl::rotfl::rotfl:

Why are you reading the debt boards if you have no debt problems, sound like one of those motorway rubber neckers to me.

mikelivingstone

Running_Horse wrote: »

What will HPC call itself when prices start to rise again?

The HPC militants will gather immediately and form a new website called www.housepricecrash2022.co.uk


It will be just like www.housepricecrash.co.uk, but they will all be in denial and the 2022 bit will mark the year the new website was formed.