Once a bear, now firmly a bull? Or once a bull now...

tommy75

Who has changed their opinion of the property market over then last couple of years? Anybody jumped in recently thinking that the bottom has actually been and gone and we are now going to positive house price rises yoy? Or have you just sold thinking we can only be heading for a 2nd leg down?

purch

I think some people think too much.

Emy1501

I was bearish in the summer of 2007. Bullish by the beginning of 2009 and am bearish again now. I will take another look at the market in Feb-March 2010 as I am only about 60-70% bearish at the moment.

MiserlyMartin

Bearish long before the overdue crash. Bearish during the crash and up until about months ago. 70% Bullish for a few months up until now when I came back to my senses. Decided now not to buy a house it would be madness to pay these prices even though I can easily afford it. So 90% Bear now and putting my savings where my mouth is.

Pobby

Still very much a bear. Still my question has not been answered. Why from trough to peak did my house go up 350% in price. Makes no sense to me.

Graham_Devon

As I can still ask "where is the money going to come from" and it confuses nearly every "bull" out there, I am still a bear.

Only one person has ever answered that. And that's julieq.

the_ash_and_the_oak

Pobby wrote: »

Still very much a bear. Still my question has not been answered. Why from trough to peak did my house go up 350% in price. Makes no sense to me.

money got cheaper?

Cleaver

Graham_Devon wrote: »

As I can still ask "where is the money going to come from" and it confuses nearly every "bull" out there, I am still a bear.

Only one person has ever answered that. And that's julieq.

And presumably you didn't understand her answer, so are you still searching for another explanation?

A genuine question Graham. How many months of rises would it take for you to feel bullish about the current housing market without still knowing 'where the money is coming from'?

Cleaver

Pobby wrote: »

Still very much a bear. Still my question has not been answered. Why from trough to peak did my house go up 350% in price. Makes no sense to me.

According to this forum it's magnolia, laminate, plasma TVs, Kirsty Allsop, 'liar loans' and the labour government. Which I guess might be bang on.

My theory is that it's because British people seem to have had a right hard on for property in recent years, and there have been a number of organisation happy to give them a financial hand job.

Sorry, had a few beers tonight.

tommy75

Cleaver wrote: »

According to this forum it's magnolia, laminate, plasma TVs, Kirsty Allsop, 'liar loans' and the labour government. Which I guess might be bang on.

My theory is that it's because British people seem to have had a right hard on for property in recent years, and there have been a number of organisation happy to give them a financial hand job.

Sorry, had a few beers tonight.

If only you could 'double thank' .. :rotfl:

IveSeenTheLight

Graham_Devon wrote: »

As I can still ask "where is the money going to come from" and it confuses nearly every "bull" out there, I am still a bear.

Only one person has ever answered that. And that's julieq.

I've seen a few answers on posts in here.
One of which pointed out that the constraint of credit (Where is the money coming from?) was contributing to lack of people being able to buy.

Thus resulted in sellers not putting their property on the maket and constraining supply (No point in selling if they can;t get the credit to buy the next property).
The constraint of supply was therefore contributing to higher competition for the available properties and increasing prices

http://forums.moneysavingexpert.com/showpost.html?p=26741069&postcount=6

You decided to contribute buy changing the top[ic to say
http://forums.moneysavingexpert.com/showpost.html?p=26755529&postcount=9

Petrol is getting more expensive too.

Diesel was 1.09p in Tesco's today. Couple of weeks ago it was 1.04p.

I nearly wet myself through sheer excitement that I was handing over more cash for the same thing.