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Even Merryn gets it..... (at last)

1356

Comments

  • Anybody else reading the original post & thinking it goes completely against Hamishs' 2 year mantra?

    Either that or he doesn't understand it.........
    Of course it does, Hamish has the classic bull mantra, he is an EA after all so he has to talk up the market in whatever way he can.
  • nollag2006
    nollag2006 Posts: 2,638 Forumite
    Didn't she buy back into the property market a few months ago?

    What is the deal with those buck teeth? Surely the editor of Moneyweek could afford a bit of dentistry?

    experts-merryn-somerset-webb-md.jpg
  • If you want to go there, I'd suggest you show me where I've ever posted that government and the BoE want to see house prices fall.

    It's the bears that have wrongly been suggesting the Tories want to crash the market.

    As I recall, the bulls have rightly noted that a further crash would destabilise the economy again, so further actions would be taken by the BoE and government to prevent it.



    I don't think anyone in their right mind would want a full on housing market crash right now.

    If we did have one you wouldnt know what hit you.

    Steady drops mate all the way. Apart from those offer inflated Aberdonian houses whose stupid owners kept on buying.. ;)
    Not Again
  • If you want to go there, I'd suggest you show me where I've ever posted that government and the BoE want to see house prices fall.

    It's the bears that have wrongly been suggesting the Tories want to crash the market.

    As I recall, the bulls have rightly noted that a further crash would destabilise the economy again, so further actions would be taken by the BoE and government to prevent it.
    "... supply and demand is all that matters for house prices." Hamish McTavish
  • nollag2006 wrote: »
    Didn't she buy back into the property market a few months ago?

    She did indeed.

    After selling to rent, she watched prices in the area she sold rise by nearly 40%, despite her 4 years of crash ramping in the pages of moneyweek.

    Then bought back into the Edinburgh market in an area she didn't really want to live in, after prices returned almost to peak. Couldn't find a suitable house you see, so spent 950K on one where she didn't want to live so she could paint the daughters bedroom. Or something.

    Genius.
    “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”
  • carolt
    carolt Posts: 8,531 Forumite
    Funny, you've always been quite the Merryn fan.

    Let me guess, now you disagree with her?

    No - haven't bothered to read your link, I'm afraid - but yes, I think Merryn's fab.
  • "... supply and demand is all that matters for house prices." Hamish McTavish


    Well done, you're learning.

    Now for the advanced lesson, name the components of effective demand....
    “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”
  • carolt
    carolt Posts: 8,531 Forumite
    nollag2006 wrote: »
    Didn't she buy back into the property market a few months ago?

    What is the deal with those buck teeth? Surely the editor of Moneyweek could afford a bit of dentistry?

    experts-merryn-somerset-webb-md.jpg

    Clearly, as a female financial writer, your opinion of her looks is of paramount importance.



    Or not...
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Cleaver wrote: »
    Graham and Hamish:

    Quit the preaching cleaver.
  • Well done, you're learning.

    Now for the advanced lesson, name the components of effective demand....
    "What we are seeing in the UK economy at the moment is a sustained effort to engineer nominal property price stability."
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