Macaque's amazing record

StevieJ

phil_b wrote: »

I correctly predicted I'd arrive in York at 8.45 this eve after leaving Leeds at 8.20. I MUST be psychic.

25 minutes? I predict a speeding ticket

sabretoothtigger

Guessing the lottery numbers right might prove more profitable right now.

Next prediction!
Bulls will dissapear from this site again within a matter of months

B&b already went broke last year, this year or next I dont think either bulls or bears will be profiting from their predictions

Opinions need to be a bit more fluid to stay valid imo

nollag2006

stueyhants wrote: »

It's difficult to say whether the bulls or bears are right whilst we are still in the middle of it. It will only become clear what the final score was in 10 or so years.

The bulls think it's all over, whilst the bears think this is a pause before another cycle down. Neither side can claim victory because the future hasn't happend yet.

Don't think that's true Stuey.

The most bearish of commentators have long since conceded that house prices are just not going down any further:
http://www.housepricecrash.co.uk/forum/index.php?showtopic=127289&st=0


Even the Queen of STR's agrees with this analysis:
http://www.housepricecrash.co.uk/newsblog/2009/10/blog-merryn-somerset-webb-sounding-far-from-bearish-to-be-honest-26065.php

Bears still manage to cling onto any marginal wobble in asking prices over the winter months as evidence of a re-emergence of the crash, but I hope beyond hope that commentations like Merynn SW and HPC.co.uk are correct in their analysis that the crash ended in early 2009

:beer:

How much have house prices moved since February? Is it up or down?

:rotfl::rotfl::rotfl::rotfl::rotfl:

Anyone ? Anyone?

StevieJ

nollag2006 wrote: »

Even the Queen of STR's agrees with this analysis:

Anyone ? Anyone?

I think she has just bought

ManAtHome

Oh well, "The Monkey" didn't allow for political desperation - perhaps the ever-increasing govt/taxpayer debt of £500,000,000 a DAY is worth it? (blimey, no mention of UK plc debt on the housey pages - maybe it doesn't exist...).

nollag2006

StevieJ wrote: »

I think she has just bought

Hmmm ... a salutory lesson to all the bears out there.

Still never mind - hang around another 15 - 20 years, and another house price crash is bound to come along.

:beer:

stueyhants

nollag2006 wrote: »

Don't think that's true Stuey.
...
Anyone ? Anyone?

I’m guessing the Japanese thought they were emerging from their depression/recession quite a few times during the last decade but only for another downward period.

I think your right in that we will not see anything like the falls we’ve already had. But I could well imagine the next decade being a mixture of small ups and falls to the point that house prices haven’t really changed nominally in ten years, so a fall in real terms. In fact this is probably the best outcome, as it will improve affordability but won’t at the same time cause those that have bought recently any great hardship.

With respect to prices since Feb, the haliwide figures are pretty meaningless considering the such small volumes. In my local area of the New Forest, which is a highly desirable area all I’m seeing is asking and selling prices falling. Although the volume of sales is a 70% lower than the peak so statistics start to look meaningless with such small numbers.

Emy1501

nollag2006 wrote: »

Don't think that's true Stuey.

The most bearish of commentators have long since conceded that house prices are just not going down any further:
http://www.housepricecrash.co.uk/forum/index.php?showtopic=127289&st=0


Even the Queen of STR's agrees with this analysis:
http://www.housepricecrash.co.uk/newsblog/2009/10/blog-merryn-somerset-webb-sounding-far-from-bearish-to-be-honest-26065.php

Bears still manage to cling onto any marginal wobble in asking prices over the winter months as evidence of a re-emergence of the crash, but I hope beyond hope that commentations like Merynn SW and HPC.co.uk are correct in their analysis that the crash ended in early 2009

:beer:

How much have house prices moved since February? Is it up or down?

:rotfl::rotfl::rotfl::rotfl::rotfl:

Anyone ? Anyone?

Majority on HPC still believe prices are going to fall. I suspect those who were predicting 70% falls this time last year have gone into hiding. The forum is an inevstors forum though IMO. There are some on there have decided to protect their cash by investing back into property and have joined the inflationary camp. A plausible argument in my opinion.

Who knows what will happen to house prices next year.

As for whats happened to prices well they have gone up since but just as HPC members got way too excited before their time I get the impression that there are few jumping the gun regarding what is happening and what will happen next year.

It could go anyway in my opinion.

purch

Macaque's amazing record

Yes, still can't spell a simple word correctly :eek:

Correctly predicted that bulls would dissapear when prices fell

....one day :rolleyes:

Dan:_4

Dan's History:

Correctly predicted the bottom would be Spring 2009
Correctly predicted peak to trough around 20%
Correctly predicted falls of 50% + were laughable