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Debate House Prices
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Halifax HPI October 2010 +0.6%
HOUSE_PRICE_CRASH_GHOULS
Posts: 33 Forumite
Oh dear. Crash over. Oh yes the crash that never happened is now officially over. Keep waiting bears keep waiting because you've got landlord mortgages to finish paying off. http://www.forexfactory.com/calendar.php
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Comments
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The crash that never was, can't have a end, if it didn't start....and on top of all that, its ended officially based on an estimate?
It's no wonder I can never understand.0 -
Graham_Devon wrote: »The crash that never was, can't have a end, if it didn't start....and on top of all that, its ended officially based on an estimate?
It's no wonder I can never understand.
Keep calm Graham, all will be explained when carols poll provides conclusive proof to the morgage lenders that FTB's want to be charged twice the rate for interest as non-FTB's.
Or something.“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”0 -
18 views and only 2 replies. I guess it sucks to be a ghoul praying for a crash month after month, year after year.0
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it sucks to gloat, instead of just laying out the bare facts and letting everyone else draw their own conclusions.HOUSE_PRICE_CRASH_GHOULS wrote: »18 views and only 2 replies. I guess it sucks to be a ghoul praying for a crash month after month, year after year.0 -
Have owned outright since Sept 2009, however I'm of the firm belief that high prices are a cancer on society, they have sucked money out of the economy, handing it to banks who've squandered it.0
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the 65% down from peak prices that you predicted to happen never did...Graham_Devon wrote: »The crash that never was, can't have a end, if it didn't start....and on top of all that, its ended officially based on an estimate?
It's no wonder I can never understand.
never mind... chin up... never say die... pmsl0 -
Doctor_Gloom wrote: »Are you still here? It won't be long now....
It won't be long now??? That's what all the crashaholics have been saying... ... for years.0 -
Regardless of which side of the fence you sit, if house prices drop 20-30-40% from here, the banks will once again collapse, we can't afford that, so therefore every economic tool in the box and quite a few that aren't will be used to stop prices falling that far.
Unfortunately for FTBrs, their financial well being is likely to be sacrificed for the economy. Sorry to bring bad tidings as everyone knows my feelings on this, but at this time, a big leg down just seems unlikely.
Of course I will change my mind if I see evidence to prove me wrong.Have owned outright since Sept 2009, however I'm of the firm belief that high prices are a cancer on society, they have sucked money out of the economy, handing it to banks who've squandered it.0 -
HOUSE_PRICE_CRASH_GHOULS wrote: »Oh dear. Crash over. Oh yes the crash that never happened is now officially over. Keep waiting bears keep waiting because you've got landlord mortgages to finish paying off. http://www.forexfactory.com/calendar.php
You do realise that is just the forex forecast don't you?0 -
HOUSE_PRICE_CRASH_GHOULS wrote: »Oh dear. Crash over. Oh yes the crash that never happened is now officially over. Keep waiting bears keep waiting because you've got landlord mortgages to finish paying off. http://www.forexfactory.com/calendar.php
For goodness sake, please stop starting threads based on the forex predictions. They are never right, only a complete muppet would pin their hopes on them. Oh and it's September data, not October.0
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