2011 Will Be Great

geneer

Pimperne1 wrote: »

Jees Graham, I've got to admire your enthusiasm! More than five years waiting and still a committed falls enthusiast.

Its always 5 years, 5 years, 5 years with you guys isn't it p1mp.

Funny how you always forget to mention how global economic collapse hit, oh 3 years ago now.
By funny, I of course mean laughably obvious.

Pimperne1 wrote: »

We've had the repossessions, unemployment, death, divorce, interest rate rises, lack of mortgages, excess of supply arguments done to death but you still like them.

Talking about dull old arguments, you appear to have decided you get more bang for you buck over here. Happy trollin pimp.
Do check in when your "badge of honour" rating, hits -1000.
Maybe you will get a prize or something. :rotfl::rotfl::rotfl:

davilown

Well, for what it's worth, this board is getting very tiresome with the same personalities giving the same points of view to the same monthly/biannual/yearly/year on year etc results.

I've always thought that house prices were going to fall by 30-40% but know I'm of the opinion that although they will still fall, it will only be around 7-10% in cash value but they could be hit hard by actual falls if they do not increase yearly by the rate of inflation. I think that interest rates need to rise, maybe just a few % but just enough to wake up those who mewed too much too often.

Oh well, need to save a few more pennies before I can buy my family home a use it as a family home for many years and not as an asset to borrow against in the future.

Possibly my last post for a while as these repetitive posts are getting extremely boring.

Merry Christmas and a Happy New Year to all.

:beer:

Graham_Devon

davilown wrote: »

Merry Christmas and a Happy New Year to all.

:beer:

Have a good one!

Thrugelmir

geneer wrote: »

Its always 5 years, 5 years, 5 years with you guys isn't it p1mp.

Funny how you always forget to mention how global economic collapse hit, oh 3 years ago now.
By funny, I of course mean laughably obvious.

3 years???

Financial crash was mid October 2008. So thats barely over 2 years......

I admire the fact that despite banks globally writing off $5,500 billion in assets. Some people think that the worlds banking system can dust it self down and carry on as if nothing has happened.

chucky

Graham_Devon wrote: »

This appears to be the answer for every post.

"You don't understand". "You won't understand". "Point missed". "You're dumb".

Boo hoo.

8 out of 10 cat owners prefer Whiskas - they can't all be wrong

CRASH_BANG_WALLOP

ess0two wrote: »

Yawn............its been and gone get over it,i'm sure the current gov are gonna bend over backwards to put us back in recession.

the bulls are running scared

chucknorris

Dan: wrote: »

Yeah, I pop in every now and then when Im bored. As your join date is June 2010 you won't remember the fun days of 2008. To be honest, it's pretty boring around here now since the bull victory.

It's certainly different here now, I don't know whether that's because I returned to working and I am more distracted, the site seemed better because it was new to me but now the novelty has worn off, a hard crash (rather than a gentle fall/stagnation) isn't going to happen or a combination of all of the above.

Herbie_Hancock_I_wish

I certainly was very bearish and have watched the market in astonishment. Perhaps I should say that I do own outright, bar £5,000 ( a technical loan ). I and others, a few years back predicted market falls of up to 50%. Well it hasn`t happened but I still a lot of pain on the way. Before the silly business of run away house prices, a couple earning say £25k a year could buy a corker of a house, let`s say £75k. 2008 the same place is now £225k. Not really understanding that.

Silly lie to buy, 125% mortgages, property !!!!!!, could go on, has been part of this daftness. Look at how much we as tax payers are now chucking into housing benefit because of this. I don`t think for many this pyramid scheme has been of much benefit.

We both did what we were told, paid into pension plans ( both been mainly self employed ) since our 20`s. Annuities are rubbish, not helped by Mr. Brown. We have good savings but they are only losing money. Strange situation.

nutsohazelnuts

My home is worth more than a hundred times what I paid for it, but it took a while to get there. If we looked at house prices over the last 40 years wouldn't it always trend upwards, but with some predominantly minor peaks and troughs?

Isn't it always better to buy sooner rather than later rather than waiting for a further drop in house prices? They might just as likely rise again!

chucky

nutsohazelnuts wrote: »

My home is worth more than a hundred times what I paid for it, but it took a while to get there. If we looked at house prices over the last 40 years wouldn't it always trend upwards, but with some predominantly minor peaks and troughs?

Isn't it always better to buy sooner rather than later rather than waiting for a further drop in house prices? They might just as likely rise again!

pleeeeeeease - there's no room for sensible posts on this board...

sensible post = house prices WILL fall