Inflation, IR's, & House prices

FaTB

I don't think anybody can deny that the crash was called too early by the bears, but I don't understand the smugness of the bulls.

All the pointers that originally got people thinking there might be a crash have not gone away or even improved a bit, they have got worse, much worse, and now the pointers have bells and flashing lights on them !!

I think alot of people need to start looking beyond what the papers, Kirsty Alsopp, and above all what lenders say.

realwildone

Inflation figures are out next week. We may even get another rise next month?

mystic_trev

realwildone wrote:

Inflation figures are out next week. We may even get another rise next month?

That's probably what's needed. I reckon HPI will continue for the next few months until people start to fully realise whats happening with Inflation and the need to curb it. As I've said before Inflation is very stubborn and difficult to bring down. The worst thing the BoE did was to reduce IR's last year.

"Inflation is like toothpaste. Once it is out of the tube, it is hard to get it back in again."

meanmachine_2

realwildone wrote:

Inflation figures are out next week. We may even get another rise next month?

Nonsense. The Daily Express will simply start another of their noble campaigns and IRs will come tumbling back down again.

Remember it's a REAL paper with REAL values.

...for REAL idiots.


Oh, by the way, Princess Di tipped off the police about the airline terrorist plot from beyond the grave. You can read the exclusive scoop only in tomorrow's Express...

richgirl

House price growth peaked in late 2002, and has made 2 impulse waves down and 2 corrective waves up.

The current 5th wave down is likely to take us into falling nominal house prices for probably more than a year. The trend from peak to trough suggests at their worst, average house prices will be down 10% year on year. With the actual drop depending on the duration of the trend

Joe_Bloggs

I congratulate rich girl for getting those squiggles into a post. If this was a race the ODPM would appear to have broken down. The Halifax are due some kind of scruitiny as they have been as high as a kite. The Nationwide say 5% house price inflation for the rest of 2006.

meanmachine_2

I wonder if tomorrow's Express headline will be "Sanity: Express circulation slumps!"

THis month's just-released ABC figures:

Richard Desmond's Sunday Express was the biggest loser, with its circulation declining by 10.1% over the past year to 796,956, from 887,401 in July 2005.

mystic_trev

Naah there's got to be some mention about Di......

FaTB

Is there really a decent daily paper out there ?

.....and I don't want people to just reply with the paper that matches their own political leanings, be honest.

I'll admit that I read the Mail, but it really does make me cringe sometimes !!

Are there any truly independant, apolitical papers about ?

F_T_Buyer

FaTB wrote:

Is there really a decent daily paper out there ?

.....and I don't want people to just reply with the paper that matches their own political leanings, be honest.

I'll admit that I read the Mail, but it really does make me cringe sometimes !!

Are there any truly independant, apolitical papers about ?

I don't believe they are any independent papers, and I've never come across a paper with consistent views (on financial, economic, political issues). Apart from Moneyweek which is a magazine.

Even the FT, which I rate highly, comes out with some tripe sometimes.

That's why I no longer buy papers, but view them online. I am a prolific user of https://www.newsnow.co.uk and google news (generally when looking for a specific report/news item).