Debate House Prices


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Bulls & Bears -What's the difference?

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Comments

  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Rollerball wrote: »
    All we need now to complete the full set of saddos is for chucky to show up. I don't think we'll have to wait too long! :D

    You sound a little rattled, where is cardsharps today ?
    '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
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    StevieJ wrote: »
    You missed a bit out icon7.gif

    Well I don't agree about greedy on that side, most bears I would imagine would be happy with historical prices to earnings ratio, no more no less, of course I can't speak for everyone.

    I certainly wouldn't expect to buy a terraced house for 6k which is what they were near me in the early 80's, on the other hand I wouldn't touch a house with a barge pole for 200k unless it was detached, garage, 3 beds at least, possibly a conservatory, front/back gardens, nice area, low crime etc...., yet there are literally thousands on Rightmove, even flats and terraced houses, where you have to fight for a parking space on the road, madness.
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    ad9898 wrote: »
    Well I don't agree about greedy on that side, most bears I would imagine would be happy with historical prices to earnings ratio, no more no less, of course I can't speak for everyone.
    .

    I am happy for HPI to be the same as inflation or lower.

    So you can't tag all the bulls in as gready either I have never purchased for profit.
  • System
    System Posts: 178,361 Community Admin
    10,000 Posts Photogenic Name Dropper
    Really2 wrote: »
    I am happy for HPI to be the same as inflation or lower.

    Same, if they just cruised along with inflation forever now I'd be very happy.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    Really2 wrote: »
    I am happy for HPI to be the same as inflation or lower.

    So you can't tag all the bulls in as gready either I have never purchased for profit.

    I hope you didn't misunderstand my post, the 'greedy' tab was just an option, I certainly wouldn't consider all bulls as greedy.
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    edited 1 July 2009 at 4:58PM
    ad9898 wrote: »
    I hope you didn't misunderstand my post, the 'greedy' tab was just an option, I certainly wouldn't consider all bulls as greedy.

    No Mate, that is why i said it made me laugh.
    I failed to hit all the others so I was left with greedy :) (I suppose I could be purchased near top but that as yet to be realized:)) I then though a lot of bears would be left with bitter.
  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    ad9898 wrote: »
    ......unless it was detached, garage, 3 beds at least, possibly a conservatory, front/back gardens, nice area, low crime etc

    How come you know where I live;)
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Rollerball wrote: »
    Check out any thread on this forum, you'll find the same sad individuals (chucky, Joeskeppi, Really2, StevieJ) on here 24/7 come rain or shine with nothing more purposeful to do than try to wind Graham Devon up and thank each other posts. Get a life guys please.

    oh dear... what a disappointment you must be...
  • carolt
    carolt Posts: 8,531 Forumite
    A bull is someone who ignores all rational commonsense evidence that points to prices falling because they are terrified of this scenario - this is why a few BTL 'investors' (like chucky claims to be), and those who bought at the peak and now desperately regret it (like Really) post so desperately on here.

    Bears are everyone else - if you look at any poll it's clear that the vast majority of the British public (a) think houses are currently overpriced and (b) think house prices are going to fall as a result. They also think (c) that this is a good thing.

    However, being normal people, they don't feel the need to post numerous posts on the subject every day, or to attempt to bully all those who disagree - see the way this thread has typically turned into a 'let's make personal attacks on Graham Devon, and Rollerball', and now, I predict, myself.

    Oh, I forgot - bears are the intelligent ones with good jobs who know how to spell. Only the really dim ones who couldn't get proper jobs and can't spot a recession even when it jumps up and down in front of them and kicks them in the shins, are bulls.

    It would be interesting to do a survey on here of highest educational achievement/profession on here of bulls v bears.

    I'm not aware of a single bull who posts on here with a degree, let alone a proper job.

    No wonder they're desperate for a get-rich -quick scheme - they know they have no other hope.
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    ad9898 wrote: »
    A bear as a VI in prices falling. Maybe they are too young to have bought previously, maybe they don't earn enough to buy, maybe they missed the boat in '96-2000, maybe they have suffered a death/divorce which has left them financially poorer, or maybe they are just bitter.
    You missed out a whole range of people. Being a bear has nothing to do with owning property. It is a view on the market. I own property. I am a bear.

    So what's my VI? Well I'd like to see a complete end to property speculation and BTL 'empires'. I would like to see affordabilitity at sensible levels, so that normal working people can buy a normal working house. So my children, and their children, and their children will one day be able to save up, get a mortgage and buy a property. It's just a VI for a normal market.

    The side benefit of this is the end of those jumped up irritating little (and they tend to be little) sh1ts, whose only measure is the amount of worth their house has increased by.

    Mewbie.

    ps. I would respectfully remind you that Cleaver gets 47 thanks for talking out of his @ss.
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