Why are the bulls getting scared?

Really2

Snooze wrote: »

Exactly the point I was trying to make, ie. anyone can copy and paste the online/offline button and write a couple of names and times in. :rolleyes:

Oh, I see

Snooze wrote: »

I dress up as a woman at weekends and call myself Scarlet. Stockings the works.

Got you.

chucky

Really2 wrote: »

It would be even better if I was not in a car then and not logged in.

Doh.:think:

Still fancy me do you Rob.

yawn - he'll be telling us about how his lorry got stolen and it was the polices fault next - yawn

how come only two people Thanked his post though - one was treliac for the hard of hearing

The Following 7 Users Say Thank You to Snooze For This Useful Post: Show me >>
boomerangs (Today), FATBALLZ (Today), M.S.E Most Wanted (Today), Mr.Brown (Today), Niche (Today), rewired (Today), treliac (Today)

Snooze

chucky wrote: »

yawn - he'll be telling us about how his lorry got stolen and it was the polices fault next - yawn

how come only two people Thanked his post though - one was treliac for the hard of hearing

A bit touchy tonight, sweety? :rotfl:

chucky

Snooze wrote: »

A bit touchy tonight, sweety? :rotfl:

nah just trying to get a bite

nice touch with your copy and paste though - at least mine was genuine

Snooze

chucky wrote: »

nah just trying to get a bite

nice touch with your copy and paste though - at least mine was genuine

:rotfl:

Niche

chucky wrote: »

there is certainly a fishy smell coming from a few posters on here... it's the same one actually...

You are using the wrong bait as I am not biting:p

chucky

Niche wrote: »

You are using the wrong bait as I am not biting:p

that post is a little bite

put your teeth back in and have a proper bite

jetta_wales

Wow some real playground stuff going on in here, shall we put the teddies away now and stop throwing them around at eachother for a while? I tell you what, if you're really good maybe I'll get you all some cookies and milk.

Pobby

Back to the topic? Well I posted earlier regarding the not very good picture that I see in the economy. Hamish might go on and on posting the same old stuff about house prices going up. Why? Seriously, why would that happen when the rest of the economy is far from great? I find it quite amazing that so many posters will not admit that the last 10 years has seen a full blown bubble in the housing market. Our friend Hamish, who is far from thick, will drag out any bit of evidence to say all is well and the British housing market will just keep going up and up. I suspect a huge vested interest.

Me, I gave up predicting long ago. Our own Paul Daniels of a Prime Minister, plus his mates, have produced tricks that would be worthy of the magic circle yet they cannot last as instruments that are putting off the results of a decade of debt. Imagine the crisis if housing did crash. It would be frightening but how long can this bubble be sustained.

The 90`s recession was harsh, very harsh and I had hoped that in my life time I would never ever see people lose their homes as I did then. However, I do think that there has to be an end to this so called support.

The interest rate is a joke, imho, only there so the banks can repair some of the damage that was self inflicted, yet those who showed a degree of prudence, are punished by the rate. Inflation, oh well another story, imo is being massaged.

Things are really tough out there should you care to get down and dealing with it. Those that have bought an inflated property over the last number of years are stuck into paying a long term debt, that sadly, even if interest rates go to 5% ( 2 years ago many of us thought that very low ) will be painful.
I don`t think we are anywhere near out of the woods. I see us in the middle of a huge forest.

LydiaJ

The Telegraph agrees with you, Pobby.

The squeeze on debt will begin to be felt in January next year, when lenders are due to start repaying £319bn borrowed from the Government during the original crisis in 2007 and 2008 – a quarter of the UK's entire £1.3 trillion stock of mortgages. To pay the money back, credit-rating agency Moody's said, banks and building societies may "limit their lending through tighter credit criteria" – in other words reducing availability and making mortgages more expensive.

I follow the article's argument that if there is a further credit squeeze in 2011 then HP will probably fall when it happens, but I'm clueless as to what might happen in the meantime. If (and it's a big if) people realise ahead of time that the credit squeeze is coming, will there be a rush of people wanting to buy while they can still get mortgages (therefore causing HPI) or a rush of people wanting to sell before prices collapse, while potential buyers wait for the falls (therefore causing HP deflation)? :huh: