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.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!

Bears in Despair Part 4.....

Options
HAMISH_MCTAVISH
HAMISH_MCTAVISH Posts: 28,592 Forumite
Part of the Furniture 10,000 Posts Name Dropper Photogenic
in Debate House Prices & the Economy
http://www.housepricecrash.co.uk/forum/index.php?showtopic=128184&st=0

:beer:

Gives me a warm fuzzy feeling. :T

I'll be smiling all day now.:D
“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”
«1345678

Comments

  • Lotus-eater
    Lotus-eater Posts: 10,789 Forumite
    10,000 Posts Combo Breaker
    There's a few good reasoning comments from both sides on that thread.
    What is true is that which I mentioned a week ago. Sentiment has changed in alot of people, the perfect time for a "return to peak" reversal.
    Be interesting to see if it happens. Maybe after the election. Despite all the comments that we're all going to be fine and all that money we've spent and owe doesn't really matter, I can't quite see it.

    I would thank you for bringing it to my attn, but in the same way I won't thank someone who calls people sheeple for buying near the peak, you don't get thanks because you're a direct opposite.
    Freedom is not worth having if it does not include the freedom to make mistakes.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    HAMISH_MCTAVISH wrote: »
    http://www.housepricecrash.co.uk/forum/index.php?showtopic=128184&st=0

    :beer:

    Gives me a warm fuzzy feeling. :T

    I'll be smiling all day now.:D

    you're a bad man Hamish...

    where's Shakerbaby and Bloo Loo when you need them... :rolleyes:
  • System
    System Posts: 178,340 Community Admin
    10,000 Posts Photogenic Name Dropper
    chucky wrote: »
    you're a bad man Hamish...

    where's Shakerbaby and Bloo Loo when you need them... :rolleyes:

    ad44downey and his army of sockies didn't stick around either.

    And to think these are the people who said the "bulls" would disappear if house prices crashed again.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Joeskeppi wrote: »
    ad44downey and his army of sockies didn't stick around either.

    And to think these are the people who said the "bulls" would disappear if house prices crashed again.

    don't forget that a 'bull' is defined as someone who didn't and doesn't expect house prices to drop by 30%.
  • purch
    purch Posts: 9,865 Forumite
    Gives me a warm fuzzy feeling

    Thats the first time I've ever read anything from that Forum.

    I don't think I'll bother again !!!

    But thanks for posting it anyway
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 20 October 2009 at 2:13PM
    chucky wrote: »
    don't forget that a 'bull' is defined as someone who didn't and doesn't expect house prices to drop by 30%.

    No, that's not right..... It was 50%.:eek:

    I expected prices to drop by 30% to 35%, before the underlying fundamentals/market drivers changed, and still got labelled a "bull".:D
    “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”
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    HAMISH_MCTAVISH wrote: »
    No, that's not right..... It was 50%.:eek:

    I expected prices to drop by 30% to 35%, before the underlying fundamentals market drivers changed, and still got labelled a "bull".:D

    Me too, I thought 35-40%
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    chucky wrote: »
    you're a bad man Hamish...

    I know.....:D
    where's Shakerbaby and Bloo Loo when you need them... :rolleyes:

    :confused:

    Out house hunting????:rotfl:
    “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”
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 20 October 2009 at 2:16PM
    chucknorris wrote: »
    Me too, I thought 35-40%
    HAMISH_MCTAVISH wrote: »
    No, that's not right..... It was 50%.:eek:

    I expected prices to drop by 30% to 35%, before the underlying fundamentals market drivers changed, and still got labelled a "bull".:D

    you over-leveraged negative equity bulls!!

    Timber
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    HAMISH_MCTAVISH wrote: »
    No, that's not right..... It was 50%.:eek:

    I expected prices to drop by 30% to 35%, before the underlying fundamentals market drivers changed, and still got labelled a "bull".:D

    So a bull is now defined as someone who predicts a market fall but not as large as someone else who is then classified as a bear. :rolleyes:

    Now that is bulls.

    Have the real fundamental drivers changed?

    I'm of the opinion that they've hardly been tweaked yet.
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
  • 350.8K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.8K Work, Benefits & Business
  • 598.7K Mortgages, Homes & Bills
  • 176.8K Life & Family
  • 257.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K 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.
Update Your Picture