Housepricecrash.co.uk "can seriously damage your wealth"

HAMISH_MCTAVISH

aelitaman wrote: »

I saw were posts of "but bubb you said the S&P would crash and now we are losing money and having to sell our profitable positions to fund the margin calls, when will the S&P crash?"

Quite sad really.

Priceless.

He STR-ed in 2002, and wrongly called a crash every year since til 2007. Stopped clock, etc.....

Then called it spectacularly wrong ever since.

Still, nothing like being consistent, even if it is consistently wrong.:rotfl:

boomerangs

Get over it Hamish, I know it must be hard being a housepricecrash.co.uk reject but you've got to get on with your life and stop dwelling upon it. Or maybe this is merely the latest in a long line of rejections which you've suffered?

nearlynew

aelitaman wrote: »

Illiterate? ! think is the correct spelling. But being the nice guy I am, I will give you the benefit of the doubt that you just pressed the wrong keys on the keyboard being a novice typist.

You really couldn't make this up.


fantastic.

cheers mate.

aelitaman

nearlynew wrote: »

You really couldn't write this stuff.


fantastic.

cheers mate.

iliterut?

So what were you calling me then "A stag with an illness having a shag?"

nearlynew

The joke is on you mate.


I'd stop digging if I were you.

aelitaman

nearlynew wrote: »

The joke is on you mate.


I'd stop digging if I were you.

Here is the online Oxford Dictionary.

http://www.askoxford.com/dictionaries/compact_oed/?view=uk

If I type iliterut into it it says "no results found."

If we are on an English language forum and you use a word that is not in the English language how are people meant to know what you mean.

Was it Text Speak?

Humour?

Pray do let us know what does this word iliterut mean?

nearlynew

Oh for god's sake.


Someone please help me out here.

Spartacus_Mills

aelitaman wrote: »

The worst poster on their is a chap who calls himself Dr Bubb and is just such a tool it is unbelieveable.

I haven't been on for a while. When they started banning the reasonable bulls and people like Turnbull I felt that all they wanted was a forum where everyone agreed with each other and they just pointed and laughed at The Wilsons and Grant Bovey.

I might go on just to read the "wisdom" of Dr Bubb.

JanCee

nearlynew wrote: »

Oh for god's sake.


Someone please help me out here.

Where's rewired when you need him/her?

c0rneL

the truth is that the houses in the UK are seen as a major investment as opposed to a place to live and enjoy life.
houses should be seen as something that helps us achieving great things in our lives, a home for our family, shelter from bad weather, a place to rest and relax.
Nowadays we sacrifice a lot of tings in order to achieve a home owner status.

Houses are seen as money and assets, and this contribute to great expectation on yields and returns of investment; this expectation create presure which create more demand for houses and therefore the vicious circle is carried forward.

the bare fact is that there are other countries (Germany included, which is the biggest economy in Europe) where the ratio house price/average salary is far less than in the UK.

I am not saying that the house prices should collapse, but what I want to emphasize is that they cannot continue to appreciate in value indefinitely.

in the past the ratio house price/average salary was around 3, now as on late 2007 was 6.
can you see this tend carrying on? what next? 9, 10?
in a working life time of 40 years can you imagine someone working a quarter just for a house? and my calculation is wrong, when they formulate the ratio (house price/average salary -- they use the gross salary and not the net salary ) taking the tax out you will probably have to work 12 years only for an average house.

and the houses will keep on increasing in value, probably the ratio can reach 15 or who knows. inflation is around 2-3%, salaries growing 2-3% , house prices growing 9-10%, and in 20 years we are reaching ratios of that sort.

As I said, no fan of house price crash, I owe more tan one house, but I am realistic, this tend (of house price growth cannot continue, it will stop at one point, probably without a crash, as some people on housepricecrash predict)