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Debate House Prices


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Comments

  • sleepyj
    sleepyj Posts: 108 Forumite
    Part of the Furniture Combo Breaker
    FTBFun wrote: »
    OK then.

    Good luck with your "plan".

    Seems to be working well so far

    Doubt you've got that sort of money laying around :rotfl:
  • FTBFun
    FTBFun Posts: 4,273 Forumite
    sleepyj wrote: »
    Seems to be working well so far

    Doubt you've got that sort of money laying around :rotfl:

    Actually totting up my property equity and my liquid assets I have about half of that. Not bad I reckon considering I've only been working properly for 5.5 years.

    With your substantial cash amount I'm surprised you are not taking the plunge now if you are ready to buy a property. You'll be in a good position with that level of deposit to negotiate strongly.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    no sorry, you really should sort out your obsessions... it's getting stalkerish now...


    well, he's a bit more correct than you will ever be with your 65% price falls that you expected to happen...

    it's comical for someone to have got things so wrong to criticise others for getting their predictions much closer to their own.

    Is it 65% I said now?

    It always changes whenever you state what I said.
  • sleepyj
    sleepyj Posts: 108 Forumite
    Part of the Furniture Combo Breaker
    FTBFun wrote: »
    Actually totting up my property equity and my liquid assets I have about half of that. Not bad I reckon considering I've only been working properly for 5.5 years.

    With your substantial cash amount I'm surprised you are not taking the plunge now if you are ready to buy a property. You'll be in a good position with that level of deposit to negotiate strongly.

    I'll only be buying from auction I've decided now, and I don't think the market is anywhere near the bottom. Auction sales are falling off a cliff.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 9 May 2011 at 11:26AM
    Is it 65% I said now?

    It always changes whenever you state what I said.
    whatever it was - you got it completely wrong.

    you predicted 50%-70% or somewhere in between.
    I'm wagering 50-70% from peak.

    The BOE has yet to put interest rates up, and boy are they gonna go up ;)
    http://forums.moneysavingexpert.com/showpost.html?p=19667373&postcount=51

    it was nearly as good as your prediction of the FTSE hitting 2,200 and when rates go up.

    no wonder your life is so forked up when you get things completely wrong :)
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    whatever it was - you got it completely wrong.

    you predicted 50%-70% or somewhere in between.


    http://forums.moneysavingexpert.com/showpost.html?p=19667373&postcount=51

    it was nearly as good as your prediction of the FTSE hitting 2,200 and when rates go up.

    no wonder your life is so forked up when you get things completely wrong :)

    How is it wrong?

    Are all the problems now sorted? The housing market now on a stable platform, with no forseeable problems ahead?

    If so, then yes, it's wrong.

    If not, and there are many problems ahead, how is it wrong? I accept it's not looking likely to head that way anymore, but that post is 2 years old. Two. A lot has happened since then, and theres a lot more to happen yet.

    Was there a cut off data for the housing market issues? If so, I'm unaware of what that cut off date was.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    How is it wrong?
    now that sure was a desperate post, you have the cheek to tell others who have got it pretty close to what has happened and you still think they are wrong after you have posted stuff like this.
    I'm wagering 50-70% from peak.

    The BOE has yet to put interest rates up, and boy are they gonna go up
    no wonder people don't respect you on here
  • geneer
    geneer Posts: 4,220 Forumite
    julieq wrote: »
    It's impossible to win an argument when the other side changes what it says it's arguing whenever the situation shifts, which is what the bears do. Even if you've been directionally right all the way through.

    Agreed. It really is difficult to win an argument when all the bulls decide that they've only really been talking about prices "up their street" all along. :D

    julieq wrote: »
    Semi religious nutters really. You would think at some point they'd twig that they're utterly wrong, but faith is a strange and wonderful thing.

    Yet house prices crashed and continue to fall. "utterly wrong". :rotfl:Kinda suggests who the real nutters are eh. ;)

    Sorry Jules. The record reflects. And your faith can't outdo facts.
  • geneer
    geneer Posts: 4,220 Forumite
    Hold on there Graham.

    I've quite clearly stated my annual predictions for the last two years, and I've been incredibly close, and certainly far closer than any of the bears.

    All there in black and white, a year in advance.

    Last two years not so interesting.
    Your predictions in 2007/2008.....well you won't want to talk about that will you. ;)

    The bulls do love the reset switch. When it suits them.

    Don't be an idiot. Negative 6% would be outside of stagnation.
    I would count stagnation as being plus or minus 3 percent or so.

    The favourite bull game of late, redefining terminology.
    Wasn't a crash it was a correction. Bulls win.
    Wasn't a fall it was stagnation. Bulls win.
    Yawn.

    Sorry, but you don't get to decide.
    Stagnation, in the traditional sense, is prices keeping up with inflation.
    And on, and on, and on, and on..... Always putting words in my mouth and arguing with them. Gusess that's what happens when you can't argue with what I actually said instead....

    Bit hard to put words into your mouth when most of them are "I'm outta here" on those inconvenient threads you love to ghost away from.
    But what is also clear is that because the recovery was so fast, rents have soared, and most mortgage holders have taken advantage of once-in-a-lifetime low rates, there has now been no loss to most homeowners from buying even at peak, and no benefit to non-owners to waiting.

    :rotfl:I think you mean partial recovery.
    Though of course, given that its now been well very demonstrated that that average prices during the "recovery" have been heavily skewed to the upside, that is also quite debatable.
    Thankfully, given the 2010 decovery, normal business has resumed.

    Your other points are of course toss.

    ;)
  • geneer
    geneer Posts: 4,220 Forumite
    chucky wrote: »
    no sorry, you really should sort out your obsessions... it's getting stalkerish now...

    Scoring quite high on the irony-o-meter there chuckles :D
    chucky wrote: »
    well, he's a bit more correct than you will ever be with your 65% price falls that you expected to happen...

    it's comical for someone to have got things so wrong to criticise others for getting their predictions much closer to their own.

    Again, scoring fairly high there.

    I'd almost believe chucky was a comedy creation designed to parody the bullish position.

    Almost.
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