Uber-Bear Wakes Up and Smells Coffee, Prices Heading UP

HAMISH_MCTAVISH

Doctor_Gloom wrote: »

Yeah, no wonder HPC booted him out on his big fat a$$

I suppose I shouldn't really be surprised you have such a hard time refuting factual arguments as to why house prices are likely to rise and the chances of a crash are miniscule.

All things considered, it's pretty good going that you managed to figure out how the power button on your computer works. Let alone log on here and actually post something. :cool:

nearlynew

Doctor_Gloom wrote: »

I've never heard of him. It's only obsessive nutters like you that avidly follow the pronouncements of these nobodies.

McTittish hasn't heard of him either.

But he sort of sounds like he ..... er... thinks .. er... prices will rise.



So he must be OK

:beer::j:T:T:T:T:D:money::j:A:):):beer::j

nembot

I've thanked Hamish on a couple of occasions, which still suprises me.

Graham_Devon

Market Oracle has always been a laughing stock.

All of a sudden, it's somewhat trendy and bang on.

Wonder why that is?

julieq

Bullfighter wrote: »

Japan.

Similar land mass, over twice the population, falling house prices.

That's the spirit. Never say die, eh?

Different demographic though

Pimperne1

Doctor_Gloom wrote: »

I've never heard of him. It's only obsessive nutters like you that avidly follow the pronouncements of these nobodies.

I asked on another thread Doc but are you the same Doctor Gloom from Housepricecrash "fame"? I know he is from Isle of Wight and you say you are from London but it could be you.

DaddyBear

nollag2006 wrote: »

Oh dear ! Looks like the bears have no substantive response to this. Shame really...

This thread was just another of Hamish's self-praising efforts based on the opinion of someone he has derided in the past. It got the responses it deserved.
The bulls continue peddling the demand argument, but appear to be getting demand and desire confused. The population is rising and house building is grinding to a halt. However, with unemoyment still rising and wages falling it's not enough to push house prices up significantly. Add to that the fact that interest rates can only rise and it means stagnation at best. There may not be a significant correction but it will take about a decade of stagnation to correct fir the madness of the noughties.

Doctor_Gloom

Pimperne1 wrote: »

I asked on another thread Doc but are you the same Doctor Gloom from Housepricecrash "fame"? I know he is from Isle of Wight and you say you are from London but it could be you.

FYI I've never been on HPC. I'd never even have heard of it if it hadn't been for HPC rejects like you and Hamish mentioning the site every 5 minutes.

julieq

House building grinding to a halt?

Not round my way.

Anyway nice to see Daddybear conceding that we're likely to get stagnation and not a significant correction. Because he's now agreeing with Hamish and the other "bulls" here completely.

Move along folks, nothing to see here. We all agree.

Actually the next argument is about whether we get nominal stagnation or real terms stagnation. I'm going for real terms stagnation myself, because I think prices will drift up with wages as we navigate a shallow second dip and get back to something approaching proper recovery.

Pimperne1

Doctor_Gloom wrote: »

FYI I've never been on HPC. I'd never even have heard of it if it hadn't been for HPC rejects like you and Hamish mentioning the site every 5 minutes.

That shows a lack of an enquiring mind to me.