Bit of good news

Pobby

http://business.timesonline.co.uk/tol/business/economics/article6740813.ece?&EMC-Bltn=AAKD6B

The bit I don`t understand is the HPI again. Surely that had a lot to do with the problems we face today. So once again, dragging so much money out of the economy just to pay for somewhere to live. I really am on the point of giving up on all of this.

ad9898_3

All this yet we need more QE ?, someone is lying. Perpetual growth is impossible, I have no idea why these people who are supposed to be intelligent get their ideas from, infinite growth in a finite world is impossible, if house prices rise, they almost certainly fall back again.

Any rise now is as unsustainable as it was in 2007, I am confident and relaxed about the situation, I'm just waiting for a new government to grasp the public finance nettle and more falls are a shoe in.

ManAtHome

The Daily Digger has been in "just a blip, all over by xmas" for the last couple of years...

On a totally unrelated subject - wouldn't it be a great idea to encourage govt binging if you had lots of customers in a country, but you paid little or no tax in aforementioned country? http://news.bbc.co.uk/1/hi/special_report/1999/02/99/e-cyclopedia/302366.stm

HousingBear

Surprised I haven't seem Hamish all over this thread like a rash.

HPI=good news in his book.

mewbie_2

HousingBear wrote: »

Surprised I haven't seem Hamish all over this thread like a rash.

9:00 most evenings is his private self abuse time.

1984ReturnsForReal_2

ad9898 wrote: »

All this yet we need more QE ?, someone is lying. Perpetual growth is impossible

Perpetual growth is not impossible if currency is devalued Worldwide.


I wonder how China feels sitting on their Dollar mountain that could be worth half as much in a couple of years?

fc123

Pobby wrote: »

http://business.timesonline.co.uk/tol/business/economics/article6740813.ece?&EMC-Bltn=AAKD6B

The bit I don`t understand is the HPI again. Surely that had a lot to do with the problems we face today. So once again, dragging so much money out of the economy just to pay for somewhere to live. I really am on the point of giving up on all of this.

Me too .....I am just getting on with living now....much simpler.;)

fc123

mewbie wrote: »

9:00 most evenings is his private self abuse time.

:rotfl::rotfl::rotfl:

He's a strange one

Tonight I hear the pump pump of shotguns echoing off The Downs.

It's The Men shooting the rabbits in the warren nearby.
They go online afterwards perhaps?

Pobby

Still amazes me how they bang on about HPI. IT`S NOT GOOD FOR THE ECONOMY. Might be OK for Brown and his lot in taxes but it`s a total drain on other areas. Will somebody please sort these nutters out.

bluey890

ad9898 wrote: »

All this yet we need more QE ?, someone is lying. Perpetual growth is impossible, I have no idea why these people who are supposed to be intelligent get their ideas from, infinite growth in a finite world is impossible, if house prices rise, they almost certainly fall back again.

Any rise now is as unsustainable as it was in 2007, I am confident and relaxed about the situation.

Relaxed and confident ... more like in denial.

Growth in property prices is very possible, even more-so when they are valued in terms of pieces of paper with ink on.

HAMISH_MCTAVISH

ad9898 wrote: »

infinite growth in a finite world is impossible, if house prices rise, they almost certainly fall back again.
.

Who said growth would be infinite? None of the bulls have said that at all.

House prices will rise as long as population does, and the rate of housebuilding lags population growth.

Eventually population will stop growing. The planet has a limited capacity. But until then prices will keep rising. There will doubtless continue to be boom and bust, but the underlying trend is always up.