House gains to be wiped out !

phil_b_2

Is it me or do all bear posts mostly consist of predictions, warnings and anecdotes etc? Lots of excitement over what they reckon will happen rather than what has actually happened. Until you can point to an actual real chart showing big falls over the last year or so it's all a bit meh.

chucky

phil_b wrote: »

Is it me or do all bear posts mostly consist of predictions, warnings and anecdotes etc? Lots of excitement over what they reckon will happen rather than what has actually happened. Until you can point to an actual real chart showing big falls over the last year or so it's all a bit meh.

"if this happens", "it may happen", "it could happen" are the most widely used words in their vocabulary. :money:

most don't deal in facts or reality, just stories from "around my way"

Blacklight

chucky wrote: »

where are they crashing then brit? The numbers say they're not...

r.m.w.......

nembot

We need 6 drops of 1% per month, to define a crash.

Will it happen?

I thinkso, doesn't mean it will though...

lemonjelly

HAMISH_MCTAVISH wrote: »

*yawn*

The same Rightmove report posted again, and again, and again, and again..... Desperate much?

In a week where the news has been so good about interest rates staying low, government to delay cuts if the economy suffers too much, living standards to increase slightly despite all the austerity, manufacturing up, new car sales up, it's clear the bears are getting a bit frazzled, poor things.

Yeah? Actually, the bullish amongst us are scrabbling around for stuff to support them & are posting the same stories. eg
https://forums.moneysavingexpert.com/discussion/2609423
& within an hour
https://forums.moneysavingexpert.com/discussion/2609621

Have a cuppa & a sit down


& a badge to go with it

luvpump

I think the bottom line is, dont buy unless you have too at the moment, i wont be for sure

RenovationMan

luvpump wrote: »

I think the bottom line is, dont buy unless you have too at the moment, i wont be for sure

I'm still confused, are you saying dont buy shares or houses?

FTBFun

luvpump wrote: »

I think the bottom line is, dont buy unless you have too at the moment, i wont be for sure

Or can afford it and want to.

Who "has to" buy, exactly?

arby

someone with a wife (husband?) who demands it!

PasturesNew

A bull trap is in ANY market, where prices/values go up/down .... and when prices APPEAR to be on the big rise again ... tempting bulls into buying up whatever it is they think will make their fortune. (ie. houses/now). At the end of a bull trap, the trend reverses and massive falls occur, so that anybody who just bought (when they thought prices were about to rise) are now finding the value of what they bought is less than they paid ... and still falling.

There is a bulltrap in house prices. They went up a lot, they came down ... then they started going up, so bulls rushed in to buy "before they missed the boat" and "because it'd make them rich", so now the bulltrap's finished... it's trapped all the bulls with over-priced houses ... that they could buy cheaper next year, the year after ... etc.

It's not just a term for the stockmarket.