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Why are the Bulls here buying this 0.1% recovery
Comments
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Cleaver has it spot on.
The crashists simply don't take proper account of the 'man in the street'(TMITS).
By and large TMITS has a basic philosphy that pensions cannot be relied upon, but property dispite the downsides is easily understood and above all in the control of the owner to a far greater degree than a pension where distant money men invest on thier behalf, for a large chunk of course.
A property can be passed on to your kids, a pension after retirment commences, will die with you (ok I know you can build in ,ife cover but thats for an additional unecessary cost).
Sometimes your spouse gets half, but when they die, the whole thing passes over to the annuity provider leaving the kids with nowt. Rubbish.
The TMITS is rather sick in the mind if he has to use human need to deprive others for his own jolly.
Maybe we should deny him food?0 -
The TMITS is rather sick in the mind if he has to use human need to deprive others for his own jolly.
Maybe we should deny him food?
In that case we're all sick for seekinjg out bargains that deprive others of income.
No doubt you will greedily hoarde any future inheritance rather than sell a bequethed property and share out the proceeds.:A0 -
The TMITS is rather sick in the mind if he has to use human need to deprive others for his own jolly.
Maybe we should deny him food?
I'm completely lost here. When did home ownership become a human need equatable to food?
Shelter, food and warmth (especially in this country) are basic human requirements, but home ownership? You've proven my point about the UK's mania for property if we're starting to talk about it being a basic human need!"I can hear you whisperin', children, so I know you're down there. I can feel myself gettin' awful mad. I'm out of patience, children. I'm coming to find you now." - Harry Powell, Night of the Hunter, 1955.0 -
The TMITS is rather sick in the mind if he has to use human need to deprive others for his own jolly.
I don't think either Conrad or myself passed any type of judgement of how the general population live their lives, we were just pointing out how they think.
By the way, the above statement is pathetic. You could argue that by doing anything for yourself you are 'depriving' others. When I chose to shop at play.com I'm depriving HMV staff, when I take a job I'm depriving the others who went for it, when I buy a house I'm probably pushing up the value of houses, when I eat food I'm depriving the hungry. But life is a balance between looking after yourself whilst also following a moral code you're happy with.
Lastly, remember that probably 90% of the population have no problem whatsoever with someone buying a flat or house to rent out. They simply see it as a business for someone which serves a need of the public.Becasue they dont allow outside scrutiny. How can you beleive someone who wont allow themselves to be checked.
Right ho. My five theories as to why the Nationwide HPI stats aren't lies:
1) There's no real motive. Sure, it's maybe slightly useful to Nationwide if they go up, but it's not that significant.
2) Most people don't care that much. Most Nationwide staff will get up, go to work, and then go home. They don't really care about making stuff up, they probably just do their job.
3) Like the problem with most conspiracies, how do you get a whole company to agree to lie? For the stats to be made up pretty much everyone who is involved in compiling the stats would need to be 'in on it'. How come no one comes out and states that the stats are a lie?
4) Why has no one found out that they are a lie? There's plenty of journos who would like to prove that the HPI stats are made up. And if they were lies, everyone at the organisation would need to know and could then be bought for their story.
5) Is there significant benefit for Nationwide to lie about their stats? If they were caught doing that then they would be in a lot of trouble I imagine. What is the massive benefit for them to create a lie? Goes back to the motive.
I'm not really expecting an answer of course, so one line about general mistrust will do fine.
You are ad44downey and I claim my £5.0 -
Nwide were very happy to report the period of falling prices.
They underestimated the relative stregnth of the market last year.0 -
Right ho. My five theories as to why the Nationwide HPI stats aren't lies:
1) There's no real motive. Sure, it's maybe slightly useful to Nationwide if they go up, but it's not that significant.
2) Most people don't care that much. Most Nationwide staff will get up, go to work, and then go home. They don't really care about making stuff up, they probably just do their job.
3) Like the problem with most conspiracies, how do you get a whole company to agree to lie? For the stats to be made up pretty much everyone who is involved in compiling the stats would need to be 'in on it'. How come no one comes out and states that the stats are a lie?
4) Why has no one found out that they are a lie? There's plenty of journos who would like to prove that the HPI stats are made up. And if they were lies, everyone at the organisation would need to know and could then be bought for their story.
5) Is there significant benefit for Nationwide to lie about their stats? If they were caught doing that then they would be in a lot of trouble I imagine. What is the massive benefit for them to create a lie? Goes back to the motive.
I'm not really expecting an answer of course, so one line about general mistrust will do fine.
You are ad44downey and I claim my £5.
None of the above needs to happen and the infomation is still a lie. You need no motive, no gain, infact nothing.
To quote the dictionary a lie is 'an inaccurate or false statement'. Without scrurity things are always false. If you assume (as I said before) you are in terms of belief.
You assume that to lie there has to be some conspiracy. There doesnt need to be any for the information to be untrue and for someone to lie. That is not the definition of the word.0 -
To quote the dictionary a lie is 'an inaccurate or false statement'.
Sorry to be a pedant, but that is a wrong definition for the word 'lie'. It is possible for me to give an innaccurate or false statement without it being a lie, because I can genuinely believe that what I'm saying is true.
A lie is a false statement deliberately presented as being true, bascially something meant to deceive or give a wrong impression. You said that the Nationwide stats are a "lie", which implies that they are purposefully misleading people with false information.
If Nationwide are putting out innaccurate information by accident rather than design then it makes them incompetent or just plain wrong. But it doesn't make them liars.Without scrurity things are always false.
This is also complete rubbish. Obviously it's good practice for stats or statements to be peer-reviewed and checked (which I'm certain Nationwide stats are) but it's possible for something to be 100% truth before anyone scrutinises it.0 -
Sorry to be a pedant, but that is a wrong definition for the word 'lie'. It is possible for me to give an innaccurate or false statement without it being a lie, because I can genuinely believe that what I'm saying is true.
A lie is a false statement deliberately present as being true, bascially something meant to deceive or give a wrong impression. You said that the Nationwide stats are a "lie", which implies that they are purposefully misleading people with false information.
If Nationwide are putting out innaccurate information by accident rather than design then it makes them incompetent or just plain wrong. But it doesn't make them liars.
Dont make me laugh!
I have the Collin's concise on my side :P
next lets look up at https://www.dictionary.com...lie
1 <a href="http://dictionary.reference.com/audio.html/lunaWAV/L02/L0234800" target="_blank"><img src="http://sp.ask.com/dictstatic/g/d/speaker.gif" border="0" /></a> /laɪ/
Show Spelled Pronunciation [lahy] Show IPA noun, verb, lied, ly⋅ing.Use lie in a Sentence
See images of lie
Search lie on the Web
–noun 1. a false statement made with deliberate intent to deceive; an intentional untruth; a falsehood. 2. something intended or serving to convey a false impression; imposture: His flashy car was a lie that deceived no one. 3. an inaccurate or false statement. 4. the charge or accusation of lying: He flung the lie back at his accusers.
I've highlighted the bit that might interest you.0 -
lol, why do all our discussions descend into symantic arguments?"I can hear you whisperin', children, so I know you're down there. I can feel myself gettin' awful mad. I'm out of patience, children. I'm coming to find you now." - Harry Powell, Night of the Hunter, 1955.0
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Harry_Powell wrote: »lol, why do all our discussions descend into symantic arguments?
It becasue the devil is in the detail!!0
![http://sp.ask.com/dictstatic/g/d/speaker.gif"](http://sp.ask.com/dictstatic/g/d/speaker.gif"){kind=link}
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