house prices continue to drop ....

System

note to lemonjelly: Hopefully this sums up why I don't bother trying to debate, and prefer to spend my time pointing out that idiots are idiots.

hth.

HAMISH_MCTAVISH

des_cartes wrote: »

Not at all.

So try answering them then.

Just pointing out the consequences of your nightmare vision of a future based upon squeezing more and more people into smaller and smaller houses and expecting them to pay more for them. Geese and golden eggs and all that.

And this is where your entire argument veers into the whole "prediction based on what you want to happen, versus what is likely to happen" routine.....

Which is why nobody takes anything you say remotely seriously.

carolt

HAMISH_MCTAVISH wrote: »

Coming from the sock puppet queen.....

No, as you well know, I have no sock puppets.

A few socks, yes.

Hamish - you've not been banned - WHY have you created a new username to repeat and/or thank all your posts?

HAMISH_MCTAVISH

carolt wrote: »

No, as you well know, I have no sock puppets.

Actually, I'm quite sure you have several AE's.

Hamish - you've not been banned - WHY have you created a new username to repeat and/or thank all your posts?

Oh how very droll.

As you well know, I am the one and only HAMISH_MCTAVISH.

Unlike yourself, I have no need to create new identities to agree with me.....

Malcolm.

I like the new HPC character. Witty, posts on mumsnet. Reminds me a little of mewbie*.

*except HPC has a superior insight into house price movements.

the_flying_pig

HAMISH_MCTAVISH wrote: »

HPI is good for the vast majority of people.

HPI benefits.....

1) The millions of people who are approaching retirement and may wish to, or need to, downsize and release equity to support themselves.

2) The millions of people who have mortgages and who are reliant on achieving a certain LTV to get the best rates.

3) The owners of the two million or so investment properties in the UK.

4) The millions of people who have purchased in the last few years, and who would be in, or close to, negative equity if prices fall, costing them far more at mortgage renewal time.

So the vast majority of people.....

HPC on the other hand, only benefits.....

1) A few hundred thousand potential FTB's, and as soon as they buy they will benefit more from HPI for all the reasons above.

2) Another few hundred thousand potential upsizers.... in theory.... But the reality is that most upsizers in this crash have hardly benefitted at all, because the prices of FTB properties have fallen further than the prices of more expensive properties. So they have seen their flat fall in price by 15% or 20%, but the house they want to buy has only fallen by 10%, as an example. So instead of the rungs narrowing, they have actually become wider apart.

3) A few hundred STR's who may have got it right on the timing. Most will not though.

So HPI benefits many millions of people..... HPC benefits a few hundred thousand people.

No contest really as to which is better for the vast majority of people in society.

you've posted that exact drivel more than once before, on one occasion i pointed out very carefully why it was nonsense and i think you even came close to agreeing with me in the end.

why spew it out again?

smamst

the_flying_pig wrote: »

why spew it out again?

Desperation really, if you say something time and time again no matter how full of !!!! it is you actually believe it in the end, alas that is poor Hamish.

poppycod

I am surprised that the mods havent just banned the Madnessof HPC character - I have yet to see a mmore blatant sock-puppet or troll.

IveSeenTheLight

poppycod wrote: »

I am surprised that the mods havent just banned the Madnessof HPC character - I have yet to see a mmore blatant sock-puppet or troll.

I doubt MSE would ever revoke acces to sock puppets.
It helps their advertizing revenues.

Lets say there are 100 users in this forum, but if the removal of all duplicate identities could mean there are only 30 genuine posters.

Expand that with to all the forums

When discussing potential advertising revenue, it is better if they have a higher subscription.

As to the point about the blatantness of the character, I could reel off a number of sock pupeet characters in this forum. Best not to let them get to you.

des_cartes

HAMISH_MCTAVISH wrote: »

So try answering them then.




And this is where your entire argument veers into the whole "prediction based on what you want to happen, versus what is likely to happen" routine.....

Which is why nobody takes anything you say remotely seriously.

The 'prediction' is not a prediction. You came up with putting more people into houses as a justification for hpi going forward not me. I was merely pointing out the inevitable consequences of diminishing housing standards on people wanting to live in the UK.