NATIONWIDE - Actually, Prices went up

Generali

Joeskeppi wrote: »

Erm, this isn't even about an opposing view, it's about your inability to grasp analogies and pathetic assumptions. Do keep up.

For you of all people to claim VI on someone else is laughable at best, and to be honest slightly tragic.

You reckon that the UK housing market wasn't a bubble and you reckon someone else needs to keep up?

You've got chutzpah(sp?) that's for sure.

Snooze

StevieJ wrote: »

Still got some room in my footer for your predictions, over to you

I predicted mid last year I expect the house prices to bottom out ~ 35% down from peak and (iirc) ~ 2011/2 before any real signs of a recovery, and I still stand by those predictions now. I realise that the second bit is open to one's own interpretation but I don't consider the recent house price rises as anything more than a blip before they start tumbling again.

I personally think that the relatively 'easy ride' we're having at the moment is due to Brown using whatever he can get his hands on to plug the problems short term until the election. The stuff he's doing is simply not sustainable long term but to the short-sighted people it looks like we're at the bottom and starting to recover. The reality (imho) is that once the election is over and the Tories are in there is gonna be some serious !!!!!! going down where IRs are gonna go through the roof closely followed by taxes and the downturn will quickly gather pace again as more folks and businesses are squeezed dry for money they haven't got.

I don't think we'll see much real change either way until after the election now. :cool:

2p

Rob

Dithering_Dad

lostinrates wrote: »

Whereas mewbies posts are often the highlight for me. Why don't you stick him on ignore and then he won't irritate you and you don't have to be snide back?

Totally agree, mewbie's posts are a light relief from the argie-bargie and the often dry and boring financial discussions (including my own ).

I have a lot of posters on ignore (thanks to generali as always for revealing the Ignore functionality to me) and it works a treat. If you're getting vexed by mewbie, then pop him on ignore - though I don't know who will be the more relieved, you or mewbie if you do.

System

Generali wrote: »

You reckon that the UK housing market wasn't a bubble and you reckon someone else needs to keep up?

You've got chutzpah(sp?) that's for sure.

Oh for christ's sake.

It's not AN ACTUAL BUBBLE, it is not a thin, spherical film of liquid. Analogies are fine but when you use them as a basis for an argument (bubbles don't reinflate or whatever nonsensical rubbish it was) it just doesn't work.

Bubbles don't deflate at 20% a year either.

If you must respond please read what I've typed first.

mewbie_2

Joeskeppi wrote: »

It's not AN ACTUAL BUBBLE, it is not a thin, spherical film of liquid.
If you must respond please read what I've typed first.

This is turning out to be quite a funny thread. Did you really think I thought the housing market was an ACTUAL bubble? Fantastic. tbh I haven't done the quantity of drugs I'd need for that train of thought for a good many years.

System

mewbie wrote: »

This is turning out to be quite a funny thread. Did you really think I thought the housing market was an ACTUAL bubble? Fantastic. tbh I haven't done the quantity of drugs I'd need for that train of thought for a good many years.

mewbie wrote: »

Bubbles don't pop a bit, then re inflate.

What was the purpose of this post?

mewbie_2

Joeskeppi wrote: »

What was the purpose of this post?

Do you really have no sense of humour, irony or ability to see beyond mere words on a page? If so I'm going to enjoy playing with you.

System

mewbie wrote: »

Do you really have no sense of humour, irony or ability to see beyond mere words on a page? If so I'm going to enjoy playing with you.

Nonsense, all your posts are the same, you constantly spout the same fantasy about house prices, recession etc but never provide any actual facts or information to support your view. Statements like "bubble don't reinflate" are just the icing on the cake of lunacy.

I don't have a problem with bears or bulls either way, I enjoy the information I can suck out of this place, I just hate stupidity.

mewbie_2

Joeskeppi wrote: »

Nonsense, all your posts are the same, you constantly spout the same fantasy about house prices, recession etc but never provide any actual facts of information to support your view. Statements like "bubble don't reinflate" are just the icing on the cake of lunacy.

I don't have a problem with bears or bulls either way, I enjoy the information I can suck out of this place, I just hate stupidity.

All right, last one tonight - I've got something else to do.

Points...
1. I do hope my posts are not all the same, I try to make each one different.
2. I am not spouting a fantasy, but my interpretation of the facts from the media as I see them. TV, Net, Papers go into my mind, shuffle them around, reach conclusion, post on MSE. Maybe not 100% - but not a fantasy.
3. "Bubbles don't reinflate" sums up pages worth of arguably tedious financial knowhow in a single simple soundbite. It is fairly factually correct when applied to any economic situation where a "bubble" has occurred.
4. I am somewhat surprised to be called stupid. Although admittedly it is not the first time.

Now I've wasted too many posts on a silly argument all over me referring to a housing "bubble".

ps. I do like your "icing on the cake of lunacy". And I promise not to spend hours debating with you whether there actually is a real cake, and if there was whether it could be considered a lunatic.

StevieJ

mewbie wrote: »

All right, last one tonight - I've got something else to do.

Hope it is a few beers :beer:
BTW the late 1980's bubble has reinflated