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Debate House Prices


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Age of home ownership coming to an end...

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Comments

  • DervProf
    DervProf Posts: 4,035 Forumite
    edited 15 August 2010 at 2:05PM
    Yes, but I saw it as doing my bit for charity.

    I wonder if I`ll have to wait long before someone else takes over ?

    Are you seeing me recieve the same type of treatment that you got ?

    I find Hamish a better quality bull. Even Sibley is tolerabull , with some of his outrageous claims. I find them annoying in a good way !
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    DervProf wrote: »
    Even Sibley is tolerabull

    :rotfl:

    Very good.
    “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”
  • DervProf
    DervProf Posts: 4,035 Forumite
    :rotfl:

    Very good.

    I thank you.

    Well spotted, BTW.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    edited 15 August 2010 at 2:32PM
    Ahhh, this old chesnut.

    Worth bearing in mind, that to have a HPC, you need to have had all the HPI cheerleaders wish for BEFOREHAND to create the HPC.

    So to follow suit, and twist things to the extreme, HPI cheerleaders are infact, by default, wishing the same on people, as those people are casulaties of their HPI dreams.

    :)

    Not thought of it like that before. Quite right!

    I do want to take issue with your security of tenure bit.
    I'm sure plenty of landlords would be happy to offer longer tenancies but I reckon the tenants are as wary of it as the landlords.

    It seems to be part of the mentality in this country. A bit like the most popular mortgage deals always being the 2 or 3 yr stuff.
    People want the extra flexibility (although they seem not to need it often!).

    (A bit of anecdotal) ..... I've now had the same tenant for nearly 5 yrs. She absolutely doesn't want to sign up for even another year long tenancy. We did that the first two years and has now been on periodic for nearly 3 yrs. I'd happily give her a 10yr contract if she wanted one. That comes with commitment from both sides though and it seems to me as if tenants would be more interested in a one way commitment.
  • FATBALLZ
    FATBALLZ Posts: 5,146 Forumite
    tenants aren't seen as scum here. they have far too many rights.

    if you rent your property to someone for 6 months, when you return, on 6 months, that tenant should leave.

    if they do not, you should have the right to throw them out, and if they won't leave peacefully, for the police to throw them and their stuff in the road.

    meanwhile, in headcase Britain, the owner has to sleep in a tent homeless whilst the tenant refuses to leave. the Owner cannot enter their own home. THEIR HOME.

    the country is mad. far too many rules for the protection of scum and dregs than for the protection of the decent.

    I assume you're referring to the case where the daughter of a family of millionaires who owns numerous properties tried to evict a family with 5 days notice and manipulated the media into publishing libellous and slanderous statements to intimidate them into leaving.

    That the media and sheep in the general public took the toff landlords side over the tenant backs up what I was saying about the level of respect private renters get.
  • The price of an asset class can never be good or bad. Only a function of supply and demand.

    What you or I may prefer is of no relevance or significance. None of the words we type that appear as pixels on someone else's screen can ever make the slightest difference to 70,000 purchases a month.

    All anyone can do is take a viewpoint on the long term direction of any market and position themselves accordingly. Which I have done.

    i hope you were drunk when you typed out that rubbish.

    you clearly think, or hope, that your pwoperdee siren's call will influence at least one gullible person. your posting pattern [100% outright dismissal of all possible bear arguments or articles without any regard to the plausibility or credentials of the source, highly selective quoting of figures, preposterous to argue that someone who's a humble seeker of the truth with no agenda would ever dream of acting in this way] would make no sense at all if you didn't. and this is not a completely bonkers thing to think... it would be unthinkable for a company with a product [say Apple launching a new ipod version] to, rather than launching a huge advertising campaign, simply cross their fingers, shrug, and say 'supply and demand will determine how many we sell'. instead, they understandably do their very best to hype it... your pwoperdee hyping on here has some pretty significant limits of course, starting with the fact that only a few hundred people will get to read it & followed by the fact that you're an anonymous individual with no obvious credentials or credibiliy [if, say, the economist magazine, the FT, the times, the telegraph, and the guardian all started ramping campaigns that would undoubtedly be reasonably powerful]. but let's call a spade a spade.
    FACT.
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    it would be unthinkable for a company with a product [say Apple launching a new ipod version] to, rather than launching a huge advertising campaign, simply cross their fingers, shrug, and say 'supply and demand will determine how many we sell'.

    Isn't this exactly what they did with iPhone 4?
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    DervProf wrote: »
    I welcome my views to be challenged. If you wouldn`t mind doing it sometime (without suggesting that I posted things which I clearly didn`t), then I won`t consider it childish.
    and i've shown you that you posted exactly the same but you choose to ignore it... maybe if you keep on telling yourself that you didn't post it, it might go away. that's the spirit...
    DervProf wrote: »
    My first post today included a reasonable question - "Why do the bulls "celebrate" property shortgage in the UK and therefore rising house prices ?"

    Was the following response a challenge to my view, or a childish comment ?
    and that's why i pulled you up on your posts that are childish - you obviously didn't realise that you post them...
    DervProf wrote: »
    chucky hasn`t called you that has he/she ?

    That`s a point, what is chucky ?
    as for Graham, he's not that bright is he... we knew this already though
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    JonnyBravo wrote: »
    Not thought of it like that before. Quite right!

    Can't have a HPC without something creating the crash. Based on history, it's almost always been greed and excess.

    Think that point was what earned me my Mr Muddle title. :)
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Can't have a HPC without something creating the crash. Based on history, it's almost always been greed and excess.
    when do you mean specifically? i disagree on the greed and excess.

    because the 2007 house price drops weren't due to greed and excess - they were due to credit drying up.

    we may not have seen any house price drops if the credit issues hadn't happened.

    economic cycles are economic cycles - greed and excess are attributes of that economic cycle
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