Uber Bears admit defeat over on hpc

Graham_Devon

IveSeenTheLight wrote: »

It's ironic that some don't accept that many people managed to pay their mortgages in 2007 at higher rates and have benefited over the last three years of lower mortgage interest rates and have been able to pay off a further 3 years (12% in terms of a 25 year loan) of their mortgage.

The irony is that it's these people with their heads in the sand thinking the country will be knackered when interest rates rise.

Sure some may still find it hard due to their personal circumstances, but the reality is that likely there will be less affected when the rates rise that there were in 2007.

the other factor that is washed over is that the economy will be on a stronger foothold when interest rates rise and that many more people will be in a better situation than they are now, let alone from 2007 when that happens.

With many experts predicting at least another year of low rates, the number of people affected are likely to be less and less as time goes by.

It's ironic then, that all the economic articles on house prices, including the CML state interest rates is the biggest aspect keeping houses where they are, instead of falling sharply.

Meanwhile, the same people blame the last housing problems, on high interest rates.

Though, we could, of course, ignore that. It's different this time.

IveSeenTheLight

Graham_Devon wrote: »

It's ironic then, that all the economic articles on house prices, including the CML state interest rates is the biggest aspect keeping houses where they are, instead of falling sharply.

Meanwhile, the same people blame the last housing problems, on high interest rates.

Though, we could, of course, ignore that. It's different this time.

Tell you what Graham, Why dont you link the articles, put your point on interest rates in the 90's (including duration) and make your points on facts we can try to discuss?

Graham_Devon

IveSeenTheLight wrote: »

Tell you what Graham, Why dont you link the articles, put your point on interest rates in the 90's (including duration) and make your points on facts we can try to discuss?

Theres a whole new thread on it.

doire_2

Sibley wrote: »

Newsflash......

Now there is some geezer on HPC on about commiting suicide if Halifax figures go up next week. :eek:




I wonder how he will end it all?
My moneys on either the skywalk out of his flat on the 108th floor or drinking a bottle of bleach. (Tesco's blue value brand)

Sibley you are such a saddo. Going through post after post of a forum which abnned you for talking nonsense. It must really hurt that HPC.co.uk exists and hurts you even more that they got rid of you.

Blacklight

doire wrote: »

Sibley you are such a saddo. Going through post after post of a forum which abnned you for talking nonsense. It must really hurt that HPC.co.uk exists and hurts you even more that they got rid of you.

On the other hand it could be the fact that they really are all throwing in the towel over there that has got people talking about it.

I'm not joking and I'm not exaggerating, the majority of regular posters who have been analysing the situation over the course of the last five years have all now given up.

Some have resorted to spamming bullish threads before they get banned. Some are just talking about how wrong they got it and why.

There will be no more house price falls of any magnitude. If you call it right you might get 3% off at some point but that's about it. Prices will be going up again by the end of next year.

In their defense a lot of gloom merchants are now saying that prices will fall in real terms and that's your crash... I guess we can allow them this to enable them to keep their dignity, however we all know that's completely contrary to the statements they were making in 2007 about 70% off in nominal terms.

All that's left is for HPC to change its 2008 forecast of 50% off by 2011 and we can all call it a day.

Game over.

Graham_Devon

Blacklight wrote: »

Game over.

So you keep saying. Yet each month, house prices fall. (I realise you simply prefer to look at this as stagnation, instead of falls....though you were quite happy to look at rises when they were rising and claim the same game over stance)

You've ignored every single questioning you've had after you say it too.

Sibley

Sibley you are such a saddo. Going through post after post of a forum which abnned you for talking nonsense. It must really hurt that HPC.co.uk exists and hurts you even more that they got rid of you.

I agree I'm a saddo but not for the reason you say. I do look on there but only for the mental posts. They make me laugh. I'm about 0% bothered about not being a member and if I was I'd last about 10 seconds before I got banned. I wouldn't be able to resist antagonizing them

Anyway, a few of the people I'd like to wind up come over here (like you)

I'm sure my message gets to the ears of the nastiest and has the desired effect.

Blacklight

Graham_Devon wrote: »

So you keep saying. Yet each month, house prices fall. (I realise you simply prefer to look at this as stagnation, instead of falls....

Yes Graham... another month of falls. No stagnation at all, no sir.

Just you hang in there. Another 49.5 years of falls on this scale and house prices reach the magical holy grail 3.5x basic burger flipping wage.

Graham_Devon

Blacklight wrote: »

Yes Graham... another month of falls. No stagnation at all, no sir.

Just you hang in there. Another 49.5 years of falls on this scale and house prices reach the magical holy grail 3.5x basic burger flipping wage.

Get you, back to actually answer something! Swit Swoo, I like it.

Shame you chose a month when prices have fallen on all index's. But still, nice effort me laddie!

THE_GHOULISH_CODPIECE

Another day another bear throws in the towel. Realistbear is leading the new enlightenment over there - there is no crash never has been and never will be so suck it up and and pay your dues if you want to buy or rent... forever.