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Bullish Bulls have been calling the "Soft Landing" every year since 2002.
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Don't know, Joe. He keeps harping about some soft landing. If anything interesting happens I'll let you know.
Well Wheezy, its funny that you mention interesting events.
Because aside from the evidence in the OP, which clearly cannot be negated, its very interesting that you and a group of others
have been compelled to voice your frustration with nothing better than personal attacks.
Obviously, seeing the "Timing" trump card, the bullish fall back position de jour during the 2008 crash, going up in smoke has effected you all deeply.
:cool:
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Well Wheezy, its funny that you mention interesting events.
Because aside from the evidence in the OP, which clearly cannot be negated, its very interesting that you and a group of others
have been compelled to voice your frustration with nothing better than personal attacks.
Obviously, seeing the "Timing" trump card, the bullish fall back position de jour during the 2008 crash, going up in smoke has effected you all deeply.
:cool:
The playing of 'timing trump card', another 'interesting event', when are you going to play yours geneer? I played mine back in 1989 (when I bought, and again in the early 90's when I moved onto investment properties). When are you going to play yours?
Are you perhaps beginning to think that you should have played it quite a few years ago? Or does the bearish bear still not think the optimum time has been and gone?
ps this is a genuine enquiry (only a sad person would see it as a 'personal attack').Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
Obviously the relevance of singing pig is that is a well know home for "property bulls".
And with a couple of simple mouse clicks Julieqs assertion is further discredited.
Yes this makes complete sense - thanks again.
I now just need to convince my wife that buying a house was the worst mistake ever and that we should move into a bedsit with the kids and dog. It's going to be a tough sell because we've nearly paid the mortgage and can spend the rest of our lives living 'rent' free. She's going to ask why we should suddenly start paying someone else's mortgage when we've just about finished ours.0 -
Yes this makes complete sense - thanks again.
I now just need to convince my wife that buying a house was the worst mistake ever and that we should move into a bedsit with the kids and dog. It's going to be a tough sell because we've nearly paid the mortgage and can spend the rest of our lives living 'rent' free. She's going to ask why we should suddenly start paying someone else's mortgage when we've just about finished ours.
I'm in a similar position and my wife thinks I'm mad to want to move into a rented bedsit but I can't explain it as well as geneer does, when I explain it sounds like financial madness. Problem is I haven't got his 'trump cards' that he uses to magically turn foolish decisions into ones made by a genius.
Curse you geneer! I'm sure that you are only a financial genius because of these 'magic trump cards' of yours!
Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
So let's get this clear. On "Singing Pig" and "House Price Crash", some bears (not bulls, because a bull expects rising prices) discussed the possibility of a soft landing in 2002 and every year since. In most years they were wrong because the market went up significantly. In one year they were wrong because there was a correction which was followed by a correction back. Last year anyone expecting a soft landing was right pretty much.
Meanwhile Geneer sat in his rented accomodation trying to work out where it had all gone wrong and how he could be proved right. And he hit on the plan of PROVING BY LOGIC that other people he'd disagreed with were wrong, lumping them together in one homogenous group, and therefore by definition he was right and all of that £100K of loss would come back to him as well as ten years of wasted rent.
And he found two things. One was that he remembered someone saying that the crash he had predicted hadn't happened. And he looked at the figures and saw a 20% correction. So he started a thread about that, forgetting that his crash needed to have started earlier and taken prices lower.
And he seemed to remember discussions about a soft landing next year. And because there's a definition of a soft landing which is essentially stagnation, then he was able to PROVE BY LOGIC these people were wrong for all those years where in fact the graph pointed straight up. Doesn't matter that it was no-one here, he could prove someone he disagreed with was wrong. And therefore by extension he must have been right.
So he started a thread about that too.
So bitter
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chucknorris wrote: »The playing of 'timing trump card', another 'interesting event', when are you going to play yours geneer? I played mine back in 1989 (when I bought, and again in the early 90's when I moved onto investment properties). When are you going to play yours?
Are you perhaps beginning to think that you should have played it quite a few years ago? Or does the bearish bear still not think the optimum time has been and gone?
ps this is a genuine enquiry (only a sad person would see it as a 'personal attack').
I'm sorry chuck, but you simply don't appear to be able to stay on topic.
Whilst at the same time being desperate to say something.
The question is why?0 -
Yes this makes complete sense - thanks again.
I now just need to convince my wife that buying a house was the worst mistake ever and that we should move into a bedsit with the kids and dog. It's going to be a tough sell because we've nearly paid the mortgage and can spend the rest of our lives living 'rent' free. She's going to ask why we should suddenly start paying someone else's mortgage when we've just about finished ours.
A demonstrable Strawman argument wotsthat.0 -
So let's get this clear. On "Singing Pig" and "House Price Crash", some bears (not bulls, because a bull expects rising prices) discussed the possibility of a soft landing in 2002 and every year since.
A yes. The singing pig. That well know bear hang out.
Your assertion is ridiculous Julieq.
But not as ridiculous as your continued insistance on
arguing against the obvious.
They didn't discuss the "possibility" of a soft landing dear.
They called it.
Year.
After.
Year.
In most years they were wrong because the market went up significantly. In one year they were wrong because there was a correction which was followed by a correction back. Last year anyone expecting a soft landing was right pretty much.
Yes.
The bulls who called the soft landing year after year were wrong for quite a long time.
Sadly, even last year didn't bring any relief.
There can be no soft landing after a crash I'm afraid.
Meanwhile Geneer sat in his rented accomodation trying to work out where it had all gone wrong and how he could be proved right. And he hit on the plan of PROVING BY LOGIC that other people he'd disagreed with were wrong, lumping them together in one homogenous group, and therefore by definition he was right and all of that £100K of loss would come back to him as well as ten years of wasted rent.
The fact that bulls and bears are not homogenous group is obvious of course. But it is convenient to use the terms as reflective of the majority opinion without a multi paragraph disclaimer each and every time we do so.
But the comedy comes when someone (lets say you) makes a delightful argument for individual diverse range of opinions before declaring that the bears are in fact a homogenous group and then speaking on behalf of all bulls. :rotfl:
Nice strawman thrown in there by the way.
Theres a veritable scarecrow army on here today.
And he found two things. One was that he remembered someone saying that the crash he had predicted hadn't happened. And he looked at the figures and saw a 20% correction.
Sadly Julieq, despite the obvious nature of the crash there are numerous bullish posters who regularly deny that it occoured.
It is tedious and highly disingenuous for you to argue otherwise.So he started a thread about that, forgetting that his crash needed to have started earlier and taken prices lower.
Why did the crash need to start earlier and lower?
I'm going to guess this has something to do with "timing" yes.:rotfl::rotfl::rotfl:.
And he seemed to remember discussions about a soft landing next year.
As do many of us I'm sure.
Though of course "seemed to remember" does seem quite dismissive of the raft of undeniable supporting evidence contained in the OP.
And because there's a definition of a soft landing which is essentially stagnation
Stagnation without collapse. That is the definition of the soft landing Julieq.
then he was able to PROVE BY LOGIC these people were wrong for all those years where in fact the graph pointed straight up.
Indeed. Continued house price inflation =/= "soft landing".
This is a simple fact.
Doesn't matter that it was no-one here, he could prove someone he disagreed with was wrong.
Yet again, speaking for the non-existent bull hive mind you so vocally claimed doesn't exist are you Julieq?
Its fantastic that you are aware of every post every bullish member of MSE posted here over the last few years. And indeed posted on HPC (prior to their punting from the same) where its clear that the soft landing was a hot topic even 5 years ago.
Right about there being no soft landing.
And therefore by extension he must have been right.
And right about there being a crash.
Maybe not so great on the timing (I mean it was whole year and a half after I joined HPC before the wheels decisively came off:rotfl:).
But then, as this thread clarifies, its not just the bears who had a problem with their timing.
So bitter
Clearly. But maybe a cup of tea and biscuit will cheer you up.0 -
chucknorris wrote: »Yes I was wrong geneer, and now my wife and I are lumbered with multiple profitable investment properties and a house without a mortgage. If only I had listened to you and rented a bedsit instead.
Thing is chuckN, theres someone who actually thinks timing is quite important.
:rotfl::rotfl::rotfl:Well one prediction made multiple times then. Comes to the same thing ultimately. And you're right, a prediction without a timescale isn't even a prediction.0
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