First it was dead cat bounce

Dr_DiNg_DoNg

First it was dead cat bounce
Then it was a [STRIKE]bear[/STRIKE] bull trap
Next its was low volumes distorting the markets.

As we end the 2009 housing market up year on year, when will the doomsters realise they were all wrong?

I am not one to gloat , however..........

UP! UP! UP!

My guess is they will pontificate for the next 6 years or so until the next trough and then say "we told you so"

Enjoy your council houses and rented flats.

Once again the boat has been well and truly missed by the renting classes :T

nearlynew

It's a bull trap you clown.
The clue is in the name.

And, by definition, the short term price movements will be up.

Beware all you HPI cheerleaders and debt junkies.

the_ash_and_the_oak

Dr_DiNg_DoNg wrote: »

First it was dead cat bounce
Then it was a bear trap
Next its was low volumes distorting the markets.

As we end the 2009 housing market up year on year, when will the doomsters realise they were all wrong?

I am not one to gloat , however..........

UP! UP! UP!

My guess is they will pontificate for the next 6 years or so until the next trough and then say "we told you so"

Enjoy your council houses and rented flats.

Once again the boat has been well and truly missed by the renting classes :T

understand some of the sentiment here in what can be an emotive subject for many but the different reasons you have given are really kind of the same reason when it comes to it

There aren't really many people sailing this particular boat right now (tho there are many more that would like to and are not able to at this point in time)

PasturesNew

Oh dear.. your negative equity must be CRIPPLING you!

Dr_DiNg_DoNg

PasturesNew wrote: »

Oh dear.. your negative equity must be CRIPPLING you!

lol, last house I bought was 8 years ago :rotfl:

Dan:_4

nearlynew wrote: »

It's a bull trap you clown.
The clue is in the name.

And, by definition, the short term price movements will be up.

Beware all you HPI cheerleaders and debt junkies.

I actually think it may be a bear trap.

1984ReturnsForReal_2

Idiot trap more like.

Arcaine

Bull Trap
http://www.investopedia.com/terms/b/bulltrap.asp

Bear trap
http://www.investopedia.com/terms/b/beartrap.asp

Hope that clears it up. Either way I am not sure the bottom is in yet. Personally I would like to see house prices stay at this level for a few years, but markets never sit still for long.

ad9898_3

Well if it isn't Dr Dong, and the point of your post was ?, ah I see gloating, bit early to gloat dongy, but of course you wouldn't show your face when prices start falling again would you. Typical of a forum troll, confront them in the street and they'd p*ss on their shoes.

mewbie_2

Lost your job in Woolies?
Graduated but no work around?
Worried about the missing trillions?
Maybe you did buy and are now up to your ears in negative equity?

Fear not. Apparently this is just the sort of stuff to help the housing market take off again.

mizzbiz

Dr_DiNg_DoNg wrote: »

UP! UP! UP!

I do so hope that you're still so enthusiastic about rising house prices when two up/two downs in a Hull slum are stretching nearer to a million quid and you're still earning £15k PA.

Do you not realise they will still have to fall drastically for the British population to be able to continue to buy them long into the future. There just aren't that many millionaires (now or planned for the fture) to make your proposition viable long term.

:beer: