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Spring Bounces - "tHey never sustain"

dervish
dervish Posts: 926 Forumite
500 Posts
in Debate House Prices & the Economy
OK so is this is called teh Spring Bounce in House Prices?

Facts and Statistics going back to the 1970s will prove that Spring Bounces "never sustain" - they are always just a blip, an abhorrent aberration, a foolish falsehood, a temporary transition.

House Prices will continue to fall becuase most people in this county siply want them too and expect them too.

http://en.wikipedia.org/wiki/Residential_property_market_in_the_United_Kingdom
«134

Comments

  • System
    System Posts: 178,375 Community Admin
    10,000 Posts Photogenic Name Dropper
    Well, I'm convinced.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    dervish wrote: »

    House Prices will continue to fall becuase most people in this county siply want them too and expect them too.

    I've read some sh!te on here before, but this just about takes the biscuit.
  • purch
    purch Posts: 9,865 Forumite
    House Prices will continue to fall becuase most people in this county siply want them too and expect them too

    I thought it was because a load of free loading sponging ^**!!"*'~ !!!!were starting a self build Tower Block overlooking your back garden :eek:
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • johnycoldears
    johnycoldears Posts: 119 Forumite
    edited 29 May 2009 at 12:26PM
    I'm not sure I'm entirely qualified to comment, but the chart below has been doing the rounds for the last 2 to 3 years that I know.

    Anybody want to guess which part of the cycle we may have just entered ?



    bubble-lifecycle.gif


    By the way it is the life cycle of any bubble, and not specifically property ,drawn up from data on previous speculative bubbles
  • pawpurrs
    pawpurrs Posts: 3,910 Forumite
    1,000 Posts Combo Breaker
    Heading for return to Normal? The spring bounce figures should only start filtering through soon, with the lag between offers and completion,so we may have prices rise for a few mths?
    Pawpurrs x ;)
  • purch
    purch Posts: 9,865 Forumite
    Anybody want to guess which part of the cycle we may have just entered ?

    I'm guessing 'Bear Trap' :confused:
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    We know which part of th cycle, we have just dropped to the mean, so
    A bit of Despair
    And we are thereicon7.gif
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • dervish
    dervish Posts: 926 Forumite
    500 Posts
    Dan: wrote: »
    I've read some sh!te on here before, but this just about takes the biscuit.

    swearing in code is against the rules of this site.. Retract the personal abuse also.
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    Spring - It's 01st June on Monday, aren't we in summer?
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    dervish wrote: »
    swearing in code is against the rules of this site.. Retract the personal abuse also.

    :rotfl::rotfl::rotfl:
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
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