We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Bullish Bulls have been calling the "Soft Landing" every year since 2002.
Comments
-
-
The one you tried to claim was "unsupported"; "prices are still at their "bubblicious" levels, being more expensive today than in Feb 2006, less then a year before peak."
(That's from the Nationwide figures, but you'd have known that)
Sorry Andykn.
Do you think that feb 2006 was less than a year before the peak in october 07. Might want to check your sums on that.
That aside, you are quite mistaken.
I was clearly not disputing how prices today compare to a previous date.
The figures are a matter of record (and one you would do well to check).
But I was quite amused at your attempts to pick an arbitrary date in the past and argue that "house prices haven't changed since then" when it is quite clear that they have continued to increase before falling significantly in the interim.
i.e. no soft landing to be seen. 0 -
IveSeenTheLight wrote: »You clearly are.
Again you missed the point.
I used the plane anology to reflect that house prices did a touch and go.
A soft landing in a plane scenario would be a smooth decent followed by a levelling off.
That clearly didn't happen.
Sorry Light, but it would be really good if you had a point.
Are you arguing that there hasn't been a soft landing?
Or are you arguing that there has?IveSeenTheLight wrote: »Still, house prices are still stronger than they were in 2002 or 2005 (just for you)
And?
Wot. No soft landing?0 -
Are you arguing that there hasn't been a soft landing?
Or are you arguing that there has?
And?
Wot. No soft landing?
Indeed, there has been no soft landing in accordance with your OP links back to 2002, as prices on average have not "crashed" or landed back to those levels.
The drop in 2008 was a touch and go to circa 2005 / 2006 levels IIRC.
Now they seem to be having a cruising altitude with little periods of turbulance up and down :wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
IveSeenTheLight wrote: »Indeed, there has been no soft landing in accordance with your OP links back to 2002, as prices on average have not "crashed" or landed back to those levels.
The drop in 2008 was a touch and go to circa 2005 / 2006 levels IIRC.
Now they seem to be having a cruising altitude with little periods of turbulance up and down
:rotfl::rotfl::rotfl:
Sorry, but you don't appear to understand the issue of timing, which is strange as its been very important to the bulls since the crash.
Frankly this kind of nonsensical semantic masturbation is what passes for most of the bullish arguments nowadays.
For the avoidance of doubt, continued rampant house price inflation =/= a soft landing.
Continued rampant house price inflation followed by a crash =/= a soft landing.
And what ever the soft landing is (not that its under debate), it didn't happen in 2002, 2003, 2004, 2005, 2006, 2007 and can never happen since 2008.
Never is of course a long time.
Looks like the bulls didn't to all that well on the timing game either.
Which was kind of my point. 0 -
-
tartanterra wrote: »Having just read this entire thread, I would have to disagree.
You don't want to read the entire thread mate.
Lites jibber jabber and andys random unsupported assertions will just confuse you.
All you need to to is check out the original post.
The one where the links provide indisputable evidence how the bullish VI's kept calling a soft landing year after year, and how, year after year, it failed to materialise.
And never will. :cool:0 -
:rotfl::rotfl::rotfl:
Sorry, but you don't appear to understand the issue of timing,
No, I just don't understand you or more to the point, no-one can have a reasoned debate or discussion with you.
Time to honour you by putting you on my ignore (your the one and only in there) and joining the growing number who benefit from having geneer free discussions.:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
Sorry but have I missed something? Surely a thread talking about a soft landing from 2002 is obslete? Since we are at higher than 2002 prices and NOT likely to dip below that level! Or have I missed something?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
-
chucknorris wrote: »Sorry but have I missed something? Surely a thread talking about a soft landing from 2002 is obslete? Since we are at higher than 2002 prices and NOT likely to dip below that level! Or have I missed something?
Nope, you've not missed something but there is a poster who clearly has.:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245K Work, Benefits & Business
- 600.6K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards