Housing Market "far stronger" than a year ago

Thrugelmir

chucky wrote: »

yes you're right - investment banks are good but will have some ups and downs. retail will need a long-term recovery.

there will be 'mini-recoveries' that won't develop.

Putting it all in perspective GS average trade is around $10 - $15 million dollars.

Or 5 - 10 million Vodaphone shares in a single trade.

Seems they employ some of the best talent. And the reason for the high pay is that the employees are all profit commission based. Very few meet the criteria for this level hence the average pay packet. Not a normal boring retail bank.

Graham_Devon

Chucky, try getting outta bed the other side tommorow.

nembot

We're currently in what's known as the bull trap, housing market recovery in the longer term over the next few years - no chance.

Unless the redundancies stop now and the companies re-hire all their workers before the knock on effect really starts.

Same thing happened during the last two crashes, slight rise as the media and sectors with vested interest big up the market, then reality hits - boom.

Some estate agents sold no houses at all in December, so 1 sale would equate to 100% increase in sales - hardly realistic figures and frankly the daily mail... it's hard to even say those two words without a wry smile.

StevieJ

nembot wrote: »

We're currently in what's known as the bull trap, housing market recovery in the longer term over the next few years - no chance.

.

Wouldn't have a chart to back that up would you sorry Cleaver.

chucky

Graham_Devon wrote: »

Chucky, try getting outta bed the other side tommorow.

lol - behave Graham. off home now...

Really2

Snooze wrote: »

Small observation.. but has anyone else noticed how chucky, dan: and really2 have completely disappeared off the radar since the arrival of HAMISH_MCTAVISH ?



Rob

The main reason I have gone is because of people like you, fatpig (now banned) and other multi login users.