Joy as West Midlands amongst price rise pacesetters

carolt

Turnbull2000 wrote: »

I think some people are struggling to accept that house prices are back into double digit inflation, and sentiment is turning entirely 'positive'. A self-feeding upwards price loop is back, only this time based on low transaction levels to compensate for lack of finance. There is no crash any more. There is no massive bull trap. I predicted peak 2007 prices by Q3 2010 and got banned on HPC. That prediction looks to be well on course.

Turnbull, have you been eaten by chucky or something?

You have yet to explain your conversion from uber-bear to uber-bull.

I'm not fond of hypocrites.

chucky

carolt wrote: »

Turnbull, have you been eaten by chucky or something?

and one post later we have yet another example

chucky wrote: »

there has been a direct relationship between house prices increasing and some people on this forum being increasingly unstable.

Turnbull2000

carolt wrote: »

Turnbull, have you been eaten by chucky or something?

You have yet to explain your conversion from uber-bear to uber-bull.

I'm not fond of hypocrites.

Being permanently bearish or permanently bullish is just plain silly. Price trends come and go. I was bearish because I expected a crash - and it happened in 2008.

ess0two

Turnbull2000 wrote: »

Being permanently bearish or permanently bullish is just plain silly. Price trends come and go. I was bearish because I expected a crash - and it happened in 2008.

Seems many let the crash pass them by.

nollag2006

ess0two wrote: »

Seems many let the crash pass them by.

True - and this explains much of the increasingly cantankerous posts from bears on here and on HPC.

Never mind - another crash is due along any decade now

carolt

Turnbull2000 wrote: »

Being permanently bearish or permanently bullish is just plain silly. Price trends come and go. I was bearish because I expected a crash - and it happened in 2008.

No - bullish or bearish is what you expect to happen - not what you try to create by pushing one side of the argument, as you blatantly are here.

I do not believe for one second that any intelligent individual seriously thinks prices are going to rise in the short to medium term. If you really believe that the falls in 2008 were it, then you must be dim.

Being of a charitable disposition, I assume you're not dim but have a strong vested interest in pushing up prices for some reason.

Did you buy at just the wrong moment, [STRIKE]Turncoat [/STRIKE]Turnbull?

Thrugelmir

Turnbull2000 wrote: »

http://www.expressandstar.com/news/business/2010/04/19/more-joy-on-housing-market-as-prices-up

It's like Spring 2007 again!

I assume this excludes Wolverhampton ...........

(Apologies to anyone who lives there and resides on this forum).

Really2

carolt wrote: »

If you really believe that the falls in 2008 were it, then you must be dim.

More than likely the nominal bottom though. Add to that the low mortgage rates then and 2008 seemed a sensible time to buy now.

If this is a money saving site can't see why so many are to ready to have a go at those who purchased then.
I have repaid 10% of my mortgage in that time.:money:

But I won't putting it on the market as I am happy where I am and should be mortgage free in about another 10 years now.

Turnbull2000

carolt wrote: »

No - bullish or bearish is what you expect to happen - not what you try to create by pushing one side of the argument, as you blatantly are here.

I do not believe for one second that any intelligent individual seriously thinks prices are going to rise in the short to medium term. If you really believe that the falls in 2008 were it, then you must be dim.

Being of a charitable disposition, I assume you're not dim but have a strong vested interest in pushing up prices for some reason.

Did you buy at just the wrong moment, [STRIKE]Turncoat [/STRIKE]Turnbull?

I haven't bought. And don't plan to any time soon. That post was intended to highlight current sentiment and a media slant that's practically identical to the boom i.e. nothing has been learnt and the media haven't changed. And that we've returned to double digit HPI and positive sentiment is an undeniable fact.

It's rather hypocritical of you to accuse someone of pushing one side of the argument. As for questioning my intelligence, well, that says it all.

Harry_Powell

carolt wrote: »

No - bullish or bearish is what you expect to happen - not what you try to create by pushing one side of the argument, as you blatantly are here.

I do not believe for one second that any intelligent individual seriously thinks prices are going to rise in the short to medium term. If you really believe that the falls in 2008 were it, then you must be dim.

Being of a charitable disposition, I assume you're not dim but have a strong vested interest in pushing up prices for some reason.

Did you buy at just the wrong moment, [STRIKE]Turncoat [/STRIKE]Turnbull?

This is everything I've been saying about the misuse of the term 'bears' and 'bulls' on here. Turnbull rightly points out that they are terms to describe your feeling on a particular market. We make our judgement based on what is happening in a particular market and what we feel will happen in the future. If market conditions change significantly, then one has to re-evaluate one's position. Someone who was originally 'bearish' about a market can become 'bullish' if the market conditions he/she was expecting change. Sticking doggedly to a position regardless of what is happening in the wider world is foolish.

You have to separate your emotions from the analysis or you'll end up following a strategy based on what you want to happen rather than what is likely to happen. Sometimes you have to just cut your losses.

The whole 'turncoat' thing is really bizarre TBH.