Bears in Despair Part 4.....

purch

Ditto..............

chucky

chucknorris wrote: »

Personally I probably don't fit into either category, I'm probably almost a bull in recessions but almost a bear in boom times.

The next boom (but I will setlle for a decent market) will be tricky as I have a few properties to sell and getting the balance right between not being too greedy and waiting too long, and playing it too safe by offloading too soon in a rising market will not be too easy. I think I will probably sell 1-2 per year and phase it.

pretty much the same for me too... :beer:

Thrugelmir

HAMISH_MCTAVISH wrote: »

Makes no sense at all, but it's true all the same. I started out on hpc predicting large falls, 30% to 35% on a national average. 15% to 18% for my local market.

I also stated that the underlying market fundamentals were still that of extreme shortages, likely to be worsened by NE, that the government and BoE would intervene with funding measures and ZIRP to prevent a 50% fall, and that the crash was being time compressed and so a recovery would likely also be far faster than the five year plus timeframe they were predicting.

And for that, one gets labelled a bull.

Then for being proven right, one gets labelled a troll, and effectively prevented from posting. So that, in the words of a mod, newcomers know our "arguments have no veracity".

HPC is truly home of the worst sort of tin foil hat extremist. Watching them now turn on themselves is entertainment at it's finest.



Since last X-Mas??? Absolutely.

No one could have predicted base rates remaining so low or using QE to improve liquidity in the banking system. ( and this has nothing to do with the Government supporting the housing market).

The property market is not leading but following wider economic events.

Crash is an emotive word. Correction is one I prefer. House prices will only stabilise once we now what the new rules of the game are.

Only 19 Dow Jones listed companies have announced an increase in dividends this year so far. Shows how far the wider global economy has go yet.

IveSeenTheLight

chucky wrote: »

pretty much the same for me too... :beer:

And me :wave:

Thrugelmir

chucknorris wrote: »

The next boom (but I will setlle for a decent market) will be tricky as I have a few properties to sell and getting the balance right between not being too greedy and waiting too long, and playing it too safe by offloading too soon in a rising market will not be too easy. I think I will probably sell 1-2 per year and phase it.

Not worried about changes to taxation levels in nexts years budgets?

Capital gains tax 25% or 30% maybe.

Watch the property speculators head for the exits.

IveSeenTheLight

Thrugelmir wrote: »

Not worried about changes to taxation levels in nexts years budgets?

Capital gains tax 25% or 30% maybe.

Watch the property speculators head for the exits.

Pure speculation on your part with no foundation
Somehow, I can't see the government sh!tting in their own nests.

I recall an article wondering if there was to be greater investment into property as a way of reducing peoples 40% tax to only 18%.

chucknorris

Thrugelmir wrote: »

Not worried about changes to taxation levels in nexts years budgets?

Capital gains tax 25% or 30% maybe.

Watch the property speculators head for the exits.

As I say to my wife frequently there is nothing wrong with paying a boat load of tax, because it means you have earned a ship load after tax.

TBH I probably won't spend the money that I will have so why should I worry about getting just a bit more? This is part of the reason why I no longer want to invest, I have entered a part of my life where it's time to spend and enjoy, rtaher than invest. You can't take it with you, and we haven't got any children either.

chucky

Thrugelmir wrote: »

Not worried about changes to taxation levels in nexts years budgets?

Capital gains tax 25% or 30% maybe.

Watch the property speculators head for the exits.

is this an assumption, speculation or fact that this will happen?

HAMISH_MCTAVISH

You'll enjoy the last few posts on this one too from an older thread now bumped and updated.....

http://www.housepricecrash.co.uk/forum/index.php?showtopic=122016&st=30

And it's interesting just how many more bears have turned bull in the last two months over there.

IveSeenTheLight

chucky wrote: »

is this an assumption, speculation or fact that this will happen?

It's not the first time that thruglemir has mooted CGT changes in the next budget.
Maybe he knows something we don't. Else there's a hiint of hope with the repeated gesturisation.