Nationwide: House Prices fall again

dan_l

geneer wrote: »

Whassamatta dan. Something happen 3 years ago you'd rather not talk about?

No not at all, I didn't buy my first house until 2009 so if anything the falls in 2007 benefited me.

geneer

dan_l wrote: »

Obviously if you make the same prediction about house prices for years on end, at some point you will be right, its a poor show though if you have to go back 4 years for your last correct prediction.

So if you predicted that a house price crash was inevitable, and house prices did indeed crash, you would be wrong then?

Bzzzz. Does not compute.

In any event, my main point was the laughably transparent attempt by certain individuals to reset the debate to a convenient point in time (i.e. 2009). Whilst of course regularly casting back to 2003/2004 when it suits them.

geneer

dan_l wrote: »

No not at all, I didn't buy my first house until 2009 so if anything the falls in 2007 benefited me.

Well done.

dan_l

geneer wrote: »

So if you predicted that a house price crash was inevitable, and house prices did indeed crash, you would be wrong then?

Bzzzz. Does not compute.

Yep of course you would be correct if you predicted a price crash and then they crashed.

dan_l

geneer wrote: »

Well done.

It was just down to luck that at the time I was ready to buy a house there had not long been a crash, I can't take any credit for it.

dan_l

geneer wrote: »

So if you predicted that a house price crash was inevitable, and house prices did indeed crash, you would be wrong then?

Bzzzz. Does not compute.

In any event, my main point was the laughably transparent attempt by certain individuals to reset the debate to a convenient point in time (i.e. 2009). Whilst of course regularly casting back to 2003/2004 when it suits them.

Didn't see this edit. I can't speak for other posters but I wasn't a member in 2007 so can't really speak about who made what predictions then.

People I think find it hard to take somebody seriously when they made such a bold prediction and got it so wrong and now they are making more predictions along the same lines.

It wouldn't be so bad but it's not like he keeps it to these sort of threads, any member with a first time buyer question, unrelated to house price falls and he's jumping down their throats telling them not to buy etc.