Economic downturn wipes 50pc off value of homes

sarkin1

I see no one want to discuss the plight of Ireland and the 50% fall in house prices

sarkin1

Just re reading this thread and none of the bulls can drop a link to their post

Just lots of cok waving

And chucky helping with the SEO good man

He still has not phoned me

ess0two

sarkin1 wrote: »

I see no one want to discuss the plight of Ireland and the 50% fall in house prices

I could'nt give a flying fck about Ireland.

sarkin1

classy do you have a link to one of nealry a 1000 posts were you predicted QE maybe even a link to an article or are you a lucky boy

Mr.Brown_4

I don't know if anyone has read this but it seems like good advice...

Pls be nice to all MoneySavers. There's no such thing as a stupid question, and even if you disagree courtesy helps.

StevieJ

This was the first post from sarkin1, interesting that he had told us (triple) even though he had never posted before

This is fantastic news I told you, I told you, I told you, This baby is going to go big time, Just remember what goes up never crashes.

sarkin1

Steve give me a call, I can tell you what the market is really like.

You need to search Sarkin I was telling people back in 2006

You see, I was writing the mortgages that people now have, so I have a good idea of what the market is really like then and now.

You may think your a smart cookie because you can use the search facility and found that before Northern Rock went bust I was saying this baby is going to blow.

You know what, I dont right many mortgages these days, yet I still hold that view not from what I read in the papers or see on the television. But what happens to my business on a daily basis.

I spent 3 years optimising my web site, I get over 1,000 unique hits a month which is double the traffic of 2 years ago. Guess what my phone bill is out the roof, and I write less business.

I dont understand CDS spreads, short postions, gold or any other financial instrument for that matter. What I do know is that all my mates are leaving the industry. Networks are going bust and there really is not a lot of business out there.

Why

Well there is no finance avaliable for a lot of people, you may get some smart alec come on here and say I got a new mortgage. But business levels are down well down.

You bulls want to attack me with your cok waving, all i can say is i am going out of business not from lack of enquirys but I cant place the business.

Ireland is down 50% and the UK just got further into debt, you can run but you cant hide. Having sat in people living rooms offfering 90% self cert, unlimited arrears mortgages, It feels the same just a lot bigger scale, the Uk aint no diffrent.