Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

A cold breeze up the kilt for Hamish

2456712

Comments

  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    brit1234 wrote: »


    the economic fundamentals.



    The static-bear's favorite line.

    Which fundamentals would these be then?

    The only fundamental that really counts in market direction is Human will.
    Honestly there is so mmuch wealth around now, it astounds me. Come and sit with me for a day and I'll show you. Just ordinary London folk with so much asset wealth.
  • abaxas
    abaxas Posts: 4,141 Forumite
    To quote a very sick joke.

    "9 out of 10 people enjoy gang rape"

    I find it sick to think that people like Hamish wallow in others misery and actively enjoy people not having the same chances as they have. What a negative minded and nasty indiviual.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Conrad wrote: »

    The only fundamental that really counts in market direction is Human will.
    Honestly there is so mmuch wealth around now, it astounds me. Come and sit with me for a day and I'll show you. Just ordinary London folk with so much asset wealth.

    What about families? Families starting out, without asset wealth.

    How are they fairing?
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic

    Capital Economics are without a doubt the WORST forecasters in UK housing history.

    Remember the game is still in play, so "it's not over till the fat lady sings".
  • dfh
    dfh Posts: 1,073 Forumite
    And these people are considerd experts lol
  • Thrugelmir wrote: »
    Remember the game is still in play, so "it's not over till the fat lady sings".

    So when does she sing???
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    abaxas wrote: »
    To quote a very sick joke.

    "9 out of 10 people enjoy gang rape"

    I find it sick to think that people like Hamish wallow in others misery and actively enjoy people not having the same chances as they have. What a negative minded and nasty indiviual.

    Whereas you would like negative equity, defaulting mortgages and people thrown out onto the streets so house prices crash :eek:
    '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
  • macaque_2
    macaque_2 Posts: 2,439 Forumite
    Wow, what a surprising prediction from Capital Economics.
    Remind me again, how much did they predict the housing market would fall this year?
    Wasn't it 20% or so?
    I bet it really sticks in their throat that the most accurate prediction for this year came from Stuart Law at Assetz management.
    And from the article....
    No kidding.....

    Capital Economics did get it wrong. They made the mistake of applying rational economic theory whilst Gordon Brown was at the helm. They underestimated Gordon's determination to sustain the bubble. We now have interest rates at their lowest level for 300 years and massive levels of quantitative easing. Capital Economics never reckoned on Gordon putting a match to the balloon canopy to keep it aloft.

    As it happens, I belief Capital Economics have got it wrong again. They have underestimated the falls. We are heading for a sterling crisis and when that happens, interest rates will take off. Markets get their own way in the end.
  • Thrugelmir wrote: »
    Remember the game is still in play, so "it's not over till the fat lady sings".


    Honestly Thrugelmir, had they just flipped a coin they could have been right half the time.

    As it stands, they have been right for not one of the seven years they have made a prediction.

    Not even one!!!!!!

    I mean, really, how bad do you have to be to get it so spectaculary wrong so consistently?
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    Remember the game is still in play, so "it's not over till the fat lady sings".

    Even if it crashes 50% they will still be wrong icon7.gif
    '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
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.4K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.