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Debate House Prices
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Boris Exposes Tory Thinking on House Prices
Comments
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Then prices will have to fall won't they.
No.
People with property hang on to it, people without are frozen out of the market, values are maintained on lower volumes, rents soar, new building falls off a cliff, the shortage worsens, rents soar some more, rinse and repeat.
As we've seen very well over the last few years.;)What kind of market is that? A dirty cheating rigged market.
A dysfunctional market.
Caused by the very things the bears wished for.“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 -
Thanks both above. Are you both saying Blacklight doesn't need to back up his thoughts or do you both think there is sufficient historical backup to not retread it?
I don't frequent here as often as the rest of you committed sorts, so if I've missed something, my periodical absence might be why.
Long live the faces of t'wunty.0 -
I still like this thread.“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 -
so do I.HAMISH_MCTAVISH wrote: »I still like this thread.
I hope that dopester's outrage isn't being confused with socialist rant.
and there's a rake of you on here -bull and bear - who only look to themselves.0 -
torontoboy45 wrote: »
I hope that dopester's outrage isn't being confused with socialist rant.
.
No I like dopester.
Seems a decent sort, and can usually put up a good argument.
Interesting poster.“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 -
the usual suspects on here don't see this unfortunately - never mind, they'll click one dayBoris_Johnson wrote: »The notional assets of banks still depend on housing stocks whose value has yet to be tested, and if the housing market tanks, then the financial system tanks, too. People will be unable to get the mortgages to buy new homes, and developers will be unable to get the finance to build them, and the problem of supply will get even worse.0 -
Indeed they will.“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
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