2010 House Price Forecast + 5% to +10%....

Bootski

Graham_Devon wrote: »

And in telling us you were right, when you have changed tact so much and continue to do so depending on the thread is what?

I don't actually expect you to answer, what with being on the bull side

Call it what you want. If Hamish didn't preach he is right to us so often, this wouldn't happen.

You say he has been more right than myself. But I bet you couldn't even tell me what I predicted.

Again, nobody gives a toss what you predicted - 3 pages on and you're STILL BANGING ON about who was right or wrong - STAY on topic - PLEASE!!

I don't want to have to read threads and sift through the chaffs - I just want a simple discussion about the specific topic, without distractions ( unless they's funny!)

:eek::eek::eek:

chucky

Graham_Devon wrote: »

And in telling us you were right, when you have changed tact so much and continue to do so depending on the thread is what?

I don't actually expect you to answer, what with being on the bull side

Call it what you want. If Hamish didn't preach he is right to us so often, this wouldn't happen.

You say he has been more right than myself. But I bet you couldn't even tell me what I predicted.

i can and only in March!!!

Devon predicted 50%-70% falls :rotfl:

Graham_Devon wrote: »

I'm wagering 50-70% from peak.

The BOE has yet to put interest rates up, and boy are they gonna go up

http://forums.moneysavingexpert.com/showpost.html?p=19667373&postcount=51


he really did!! and then he tries to pick up on Hamish - quality!!!!

Bootski

Hamish, why don't you just placete the guy!!!

Verb To placate (third-person singular simple present placates, present participle placating, simple past and past participle placated)

1. (transitive) To calm; to bring peace to; to influence someone who was furious to the point that he or she becomes content or at least no longer irate.

julieq

Sorry Graham, but Hamish gets nowhere close to the keepers of the cult of crash in terms of preaching that he is right. He argues a particular position cogently, and he's been directionally right. Whereas the bears tend to rely on generalised application of worry and combinational worst case risks and have been directionally completely wrong.

You're welcome to point me to any posts where you personally have come closer than Hamish to predicting the shape of the market. Otherwise this just turns into a "well you won't tell me what I predicted therefore how do you prove I was worse than Hamish" exercise in diversionary pedantism.

It's been pointed out a few times that it's perfectly possible to have a drop back over winter and a rise over the year, but you've somehow not noticed that. The market is apparently slowing (from data from multiple sources). The difference between growth and reduction is essentially noise level. Hamish has not as far as I've noticed changed tack, but his prediction for demand led increases throughout last year has been borne out by events. END OF.

chucky

julieq wrote: »

You're welcome to point me to any posts where you personally have come closer than Hamish to predicting the shape of the market. Otherwise this just turns into a "well you won't tell me what I predicted therefore how do you prove I was worse than Hamish" exercise in diversionary pedantism.

seeing that Graham's being a bit shy - here you go

Graham_Devon wrote: »

I'm wagering 50-70% from peak.

The BOE has yet to put interest rates up, and boy are they gonna go up

http://forums.moneysavingexpert.com/showpost.html?p=19667373&postcount=51

mystic_trev

So some Economist (I've never heard of) comes along saying House prices will rise 5% - 10% big deal - no doubt they'll be others, probably the same ones who told us prices will have fallen 10% - 20% this year!

Lets face it Economists are the worst predictors of House prices. So how do I know prices will fall next year? I've just bought a house :rotfl:

Bootski

mystic_trev wrote: »

So some Economist (I've never heard of) comes along saying House prices will rise 5% - 10% big deal - no doubt they'll be others, probably the same ones who told us prices will have fallen 10% - 20% this year!

Lets face it Economists are the worst predictors of House prices. So how do I know prices will fall next year? I've just bought a house :rotfl:

You don't know nor did they know.:rolleyes: Thing is you bought what was good for you:T. You could have waited, for IR's to drop further!!(??) , for lower prices, for another opportune time.:o

But Hey Ho life goes on...:rotfl:

Contratulations Trev - have you moved in yet, ready for Christmas.?? Hope all goes well and you can put this whole debate (debacle) behind you for, at least, a few years.:j

Emy1501

The government are supporting up to 240K people though mortgage interest payments. In June people will se this payment reduced from 6.09% to around 3%. The support has also risen from 100K threshold to 200K threshold. Therefore there are going to be a fair few who will see this support reduced by a lot. banks have also been told not to repossess for up to year. We are going to see more and more bansk start repossessing.

The article seems to me to be based on the basis that we are going to see decent growth low interest rates continue ie a best case guess. This seems to me the opposite of capital economists who are a worst case guess type.

As for predictions an Hamish, I remeber back at the end of 2008 him on HPC predicting 30% falls in total and them HPI from 2010.

We are in the unknown. I do not see how people think they can predict anything in respect of prices for anything further than the next 2-3 months.

Spartacus_Mills

Graham_Devon wrote: »

Christ, you are like a terrier on heat, nipping at the ankles everywhere I go.

For once, even for one day chucky. Grow up. Please.

He'll be dry humping your leg next

chucky

Spartacus_Mills wrote: »

He'll be dry humping your leg next

don't start him off again... he'll start to believe what he puts in his posts is true next