Anyone Nervous?

StevieJ

Walter_J wrote: »

Study this graph.

This is what the life cycle of a speculative bubble looks like. We are currently experiencing the 'bull-trap'. A short-lived recovery in house prices is exactly what one would expect. Look what happens next, though!

New here are you This graph has been discussed to death over the past week, I have to say though it is a good analysis of the grieving process, not sure what it has to do with house prices.

Dan:_4

StevieJ wrote: »

New here are you This graph has been discussed to death over the past week, I have to say though it is a good analysis of the grieving process, not sure what it has to do with house prices.

Walter posts every now and again, very bearish and desperate for house prices to crash 50% - he has recently been made bankrupt so I guess he don't want any equity in the proprty, in case he loses the house.

pickles110564

mewbie wrote: »

- you will begin to see what the bears are banging on about. Houses generally are not selling and are dropping in price.

Mewbie, houses are selling very quickly in Felixstowe at the moment, the only ones dragging their heels are the repo's as they have to be on the market for 6 weeks.
HTH
Pickles

chucky

Lotus-eater wrote: »

That's a bit of a silly thing to say IMO. If we are in the bull trap bit of the graph, then you are in the wrong. Maybe you are, maybe you aren't, but to dismiss it the way you are hasn't left yourself any leeway at all.
Which is fine I suppose because if prices drop again, you may well disappear. One of the problems with forum debates, you know that you will never be pulled up for your predictions.

if you really believe in the picture what is your view on this?
http://forums.moneysavingexpert.com/showpost.html?p=22201661&postcount=108

pickles110564

neil324 wrote: »

I'm sure he's aware that base rates can go up.

And so will the prices of houses, sooner than you think.
Houses are selling and the bears are going through their denial stage (cant believe that houses are moving again) they are not to far from desparation that the falls that they bigged up on here aint going to happen. Next they will be in the despair phase when they realised they have missed the boat again and will be rnning to Pickles for one of his quality renters.

mewbie_2

You know Chucky, most people would post a link to someone else to back up their statements. Doesn't really add much if you just re-quote yourself really.

chucky

mewbie wrote: »

You know Chucky, most people would post a link to someone else to back up their statements. Doesn't really add much if you just re-quote yourself really.

i'm still waiting for an answer - you obviously don't know the answer as you're only looking for arguments on this forum.
that adds up to even less.

that's a lot of posts that you don't reply to an try to take off topic.
shows either your lack of knowledge or your lack of credibility.

if you're capable please tell me why my comments are incorrect.

pickles110564

mewbie wrote: »

You know Chucky, most people would post a link to someone else to back up their statements. Doesn't really add much if you just re-quote yourself really.

Mewbie, we are starting to get very busy again, things are on the move.

mewbie_2

chucky wrote: »

stuff.

Sorry Chucky but I have put you on Mewbie Ignore. That is like proper Ignore, but I can still read your posts (or more accurately scroll past them). But I don't feel obliged to Reply.

Dan:_4

mewbie wrote: »

Sorry Chucky but I have put you on Mewbie Ignore. That is like proper Ignore, but I can still read your posts (or more accurately scroll past them). But I don't feel obliged to Reply.

:rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:

Defeated!