Debate House Prices


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Very tasty Bull Food this week.

12467

Comments

  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    No I did both of those things.

    But I changed when A) NR got nationlised, B) Quantative easing was on the cards C) Interest rates broke reocrds.

    None of which could have been predicted.

    However, your sig is made to look like something else. Like I said, if thats what you feel you need to do, you feel free, but don't just make rubbish up. My quote quoted all your words without cutting bits out. Your sig cuts parts of my posts out.

    Still, keeps chucky and ISTL happy, I mean, who cares about whats actually said!

    I'm sure you made the first prediction in March this year, AFTER QE and NR nationilsation and when BoE base rate hit 0.5% ;)
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Dan: wrote: »
    Just admit it Graham - your prediction was wrong.


    Bit like pinning the tail on the donkey,sooner or later you'll get it on the @ss.
    Official MR B fan club,dont go............................
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I'm sure you made the first prediction in March this year, AFTER QE and NR nationilsation and when BoE base rate hit 0.5% ;)

    I might have talked about it. Not predicted it.

    If I did predict that in March, then I was either A) drunk or B) off my rocker.

    Your very good usually at finding old quotes to catch people out, so I expect no less... ;)
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Dan: wrote: »
    Just admit it Graham - your prediction was wrong.

    I won't admit it until at least a years worth of full recovery.

    Would be rather premature to admit I was wrong now.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I won't admit it until at least a years worth of full recovery.

    Would be rather premature to admit I was wrong now.

    You are entitled to change your mind, as the great man said

    'When the facts change, I change my mind. What do you do, sir? '

    BTW where are you at the moment, from what you have said above, all your guesstimates appear to be still live.
    '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
  • b0rker
    b0rker Posts: 479 Forumite
    Dan: wrote: »
    Just admit it Graham - your prediction was wrong.

    His 'prediction' was not based on the market at the time it was based on his VI, talking down the market. The same as all the other mad bears on this site sprouting bullsh1t about 70% drops. The funniest thing is that they thought that wasting their time talking the market down on here would make any kind of difference.

    Clowns!
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    b0rker wrote: »
    His 'prediction' was not based on the market at the time it was based on his VI, talking down the market. The same as all the other mad bears on this site sprouting bullsh1t about 70% drops. The funniest thing is that they thought that wasting their time talking the market down on here would make any kind of difference.

    Clowns!

    Ooooh. So as a homeowner, what exactly is my VI?

    You seem to know me so well, so please tell.

    No one can even point out this "predicition" to me, just tell me thats what I predicted. Not even ISTL can point it out, although he usually can, and he's "sure".
  • b0rker wrote: »
    His 'prediction' was not based on the market at the time it was based on his VI, talking down the market. The same as all the other mad bears on this site sprouting bullsh1t about 70% drops. The funniest thing is that they thought that wasting their time talking the market down on here would make any kind of difference.

    Clowns!

    Although I agree 70% was always an extreme prediction, but I don't agree its ridiculous to say that prices could fall by up to 50% in the medium term.
    Unemployment is increasing faster than it ever has on record, and GDP output is set to be lower than any other recession post WWII this year.

    The fact is nobody, not even the chancellor himself knows where we will be this time next year. Predicting that the recession is practically over and house prices are going up from here is equally as stupid as predicting house prices are going to fall by 70% over the next 10 years.
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    Wow what short memories the bulls have. Lets rewind to the flat sales, 300k plus for two beds in a city near you, and talk of them falling would be met with derision. I think in a couple of short years we have hit 70% for some of those now?

    I am quite happy to stick my neck out, and if wrong then so be it. 50% feels right to me. Why, you ask, as you either hang on every word, or laugh at me? Because we have been through several years of absolute start raving insanity. Where it seemed perfectly reasonable to double your money in a few short years. It was a nonsense that has much further to unravel.

    Sorry about that bulls. If I'm wrong you can buy me a pint - I'll need it, and you will be able to afford it.
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    No one can even point out this "predicition" to me, just tell me thats what I predicted. Not even ISTL can point it out, although he usually can, and he's "sure".

    I can, but was busy
    I might have talked about it. Not predicted it.

    If I did predict that in March, then I was either A) drunk or B) off my rocker.

    Your very good usually at finding old quotes to catch people out, so I expect no less... ;)

    Here you are ;)

    http://forums.moneysavingexpert.com/showpost.html?p=19667373&postcount=51

    So, had QE, NR nationalisation and BoE rates at record lows not happened then ;)

    It's ok, I accept your explanation.
    It surely was a bit early to be drunk on a Thursday but as always, I agree you are off your rocker ;)

    P.s. How much was the wager?
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
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