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Debate House Prices
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OECD: UK Growth stronger than rivals
Comments
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HAMISH_MCTAVISH wrote: »So much for the doomers and their double dip.
Yes the recovery is still fragile and must be nurtured, but QE has stopped, support is being gradually withdrawn (car scrappage scheme ended, etc), and the recovery is accelerating regardless.
:beer:
More spin from Hamish. Its getting boring now.
The title suggests that this growth has already happened...but wait.....its only a prediction.
Hamish can you ask them to predict next weeks lottos numbers too.0 -
Just get the impression that if things turn out better than expected, some won't be happy about it - maybe they just want a cheapo house.
I don't think there's any "maybe" about it.;)“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
HAMISH_MCTAVISH wrote: »No, I don't need to assume anything. There has been much gloating from numerous posters about the impact said news will have upon house prices over the last year or so. Erroneously, as it turns out.;)
So then you should delight in todays news that growth is accelerating, and accept that your previous positions may have been overly pessimistic.
And again!0 -
HAMISH_MCTAVISH wrote: »No, I don't need to assume anything. There has been much gloating from numerous posters about the impact said news will have upon house prices over the last year or so. Erroneously, as it turns out.;)
So then you should delight in todays news that growth is accelerating, and accept that your previous positions may have been overly pessimistic.
I do accept my initial views on the economy may have been too pessimsitic. Primarily because I didn't antcipate the level of intervention the goverenment would go to prevent a full HPC.
This intervention has stopped the worst case scenario from happening but what it has done (imo) is spread the pain out for longer over the next decade with stagnation rather than true growth. Perhaps this was the only real solution available as having a 50% HPC would have crippled the country.0 -
The only poster I have on ignore is rewired :eek:
....have I missed any great posts recently ??'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
Just get the impression that if things turn out better than expected, some won't be happy about it - maybe they just want a cheapo house.
Good news on the economy may mean quicker interest rate rises and government intervention taken away. Also more difficult for Labour to argue against cuts.
These could have an effect on the negative for housing. Back in the 90's prices did not rise when the UK first came out of recession it still took a few years for prices to find its feet.0 -
This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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Bit pointless, it never posts.
Some say, he's the toddler love child of carolt and nearlynew, in "thanks training" for the great crash of 2025.
Some say, he's Graham's inbred cousin, but has no hands and must type with his nipples.
All we know is, he's called The Stig rewired.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
IveSeenTheLight wrote: »How do you place people on ignore?
I've never done so as I'd be afraid to miss out on some important piece of information and quite frankly ignorance is not a virtue.
I do however think my reading contect of threads would be far better than continually seeing "the boy who cried [STRIKE]wolf [/STRIKE]abuse"
1. Click on username on the thread.
2. Chose 'View public profile' from the menu that appears
3. Click 'Add [Generali] to your Ignore list'
4. Follow the assorted 'Are you sure?' prompts.
5. Be free from Island Annie/Pickled Pink absurdity.
I use the ignore function quite liberally. I post here for fun not to have idiots slagging me off.0 -
Back in the 90's prices
why does everyone compare to the 90's recession.
If you compare to earlier recessions you will see it acted differently again.
In fact the 80's house price correction seems more akin to the current one.when the UK first came out of recession it still took a few years for prices to find its feet.
Perhaps you've missed the last years effect on house prices.:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0
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