housepricecrash.co.uk finally remove 2008 forecast of 40-50% drops.

Pimperne1

geneer wrote: »

P1m1e1ne1.
Joined GHPC winter 2008: "House prices won't fall".
Joined Credit Crunch April 2010: "House prices won't fall again" :rotfl::rotfl::rotfl:
Nope, nothing wrong with commenting on other sites pimp.

Wasn't too bad then!

http://housepricecrash.co.uk/indices-land-registry-national-monthly.php

Graham_Devon

Oh god, another reject?

geneer

Pimperne1 wrote: »

Wasn't too bad then!

http://housepricecrash.co.uk/indices-land-registry-national-monthly.php

:rotfl::rotfl::rotfl: Only down £20K on average (so far) eh.
Kinda makes you wonder how those non-average peak buyers are holding up.

Looks like the "soft landing" has been well and truly redefined amongst the bullish fraternity.

geneer

Graham_Devon wrote: »

Oh god, another reject?

A double reject, if I wanted to be pedantic.

stringsmk2

CRASH_BANG_WALLOP wrote: »

my post doesn't stink of upset to me old boy. so where are the numbers who went from bear to bull.
how come users can still state if they are bull, bear or neither

Yes members can still show it, but none do from what I have seen.

andykn

Blacklight wrote: »

There are no numbers because... I'll say it slowly as you obviously missed it in the wall of text in the OP.

They. Have. Deleted. It.

Their technical ineptitude meant that the search was terminally ill anyway.

andykn

stringsmk2 wrote: »

Yes members can still show it, but none do from what I have seen.

Because you look stupid being a bear and get "humiliatingly" banned for any sign of being a bull. (The capacity for independent thought being the main sign)

Pimperne1

geneer wrote: »

:rotfl::rotfl::rotfl: Only down £20K on average (so far) eh.
Kinda makes you wonder how those non-average peak buyers are holding up.

Looks like the "soft landing" has been well and truly redefined amongst the bullish fraternity.

Not sure I follow you. Winter 2008 Average £165k. Winter 2010 Average£165k. But this IS my last post to you, it gets embarrassing putting you down all the time.

geneer

Pimperne1 wrote: »

Not sure I follow you. Winter 2008 Average £165k. Winter 2010 Average£165k. But this IS my last post to you, it gets embarrassing putting you down all the time.

:rotfl::rotfl::rotfl:I would say "my mistake" but this is far to funny an outcome.

Of course it was in fact winter 2007 that you joined GHPC to tell us how house prices would never fall.


I'm not surprised you're "going dark" pimp.
Most people would pull their necks in after trying to get away with that one.

N1AK

House prices peaked at the beginning of 2008 at £186k (all figures based on LR). Over the last 3 years inflation has averaged 3.01%. This means that for that house to maintain its value it would need to be worth £203.5k now. The average house was £165,505 at the end of October. This means the average house is worth £40k less (in real terms) than 3 years ago. Prices are still falling, and inflation is higher than the average of the last 3 years.

I've never been overly persuaded by the idea prices would halve from peak (or similar). I do think the combination of inflation and price drops will knock another 5-15% off house values in the next year (based on LR figures Nov-Nov). This would mean that houses would drop to the equivalent of £140-155k