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Debate House Prices


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MW: Britain's housing market is an unexploded economic bomb

2456

Comments

  • geneer
    geneer Posts: 4,220 Forumite
    Pimperne1 wrote: »
    This ought be good enough for someone who posts Walletpop headlines:

    http://housepricecrash.co.uk/newsblog/2008/06/blog-video-hpc-hero-merryn-s-webb-on-the-crash-14127.php


    Dated June 2008 by the way.
  • geneer
    geneer Posts: 4,220 Forumite
    Pimperne1 wrote: »
    I've got plenty to say about it. They had been predicting a crash since 2004. :rotfl::rotfl::rotfl:

    You mean the crash that happened in 2008.
    (As predicted in 2006). ;)
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    geneer wrote: »
    You mean the crash that happened in 2008.
    (As predicted in 2006). ;)

    2001-04 house prices rose
    2004 bears predicted fall from cliff
    2004 prices rose 10%
    2005 bears predicted fall from cliff
    2005 prices rose 4%
    2006 bears predicted fall from cliff
    2006 prices rose 8%
    2007 bears predicted fall from cliff
    2007 prices rose 5%
    2008 bears predicted fall from cliff
    2008 house prices dropped by 15%
    2009 bears predicted fall from cliff
    2009 prices rose 3%
    2010 bears predicted fall from cliff
    2010 prices fell by 1%
    2011 bears predicted fall from cliff
    2011 so far modest uptick (NSA)
  • geneer
    geneer Posts: 4,220 Forumite
    I'm guessing your wibbling is something to do with "timing" right.

    In which case you might enjoy this thread, which demonstrates how bulls have been calling a soft landing every year since 2004.
    Never is a long time eh.
    https://forums.moneysavingexpert.com/discussion/3133650


    Heh heh heh.
  • geneer
    geneer Posts: 4,220 Forumite
    Heres another timeline you might like. ;)
    gimperne1.jpg
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    geneer wrote: »
    I'm guessing your wibbling is something to do with "timing" right.

    In which case you might enjoy this thread, which demonstrates how bulls have been calling a soft landing every year since 2004.
    Never is a long time eh.
    https://forums.moneysavingexpert.com/discussion/3133650


    Heh heh heh.

    Yes I saw that thread and thought "Calling a soft landing since 2004 - that's even stupider than Geneer. Prices have rocketed since then - especially in capital cities)".:T
  • geneer
    geneer Posts: 4,220 Forumite
    Pimperne1 wrote: »
    Yes I saw that thread and thought "Calling a soft landing since 2004 - that's even stupider than Geneer. Prices have rocketed since then - especially in capital cities)".:T

    But no soft landing though eh.
    Shame. :rotfl:
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    geneer wrote: »
    But no soft landing though eh.
    Shame. :rotfl:

    Sorry Geneer, finished on this one. :p
  • geneer
    geneer Posts: 4,220 Forumite
    Pimperne1 wrote: »
    Sorry Geneer, finished on this one. :p

    I rather thought you might be. ;)

    gimperne1.jpg

    Tee hee.
  • Poshbird
    Poshbird Posts: 222 Forumite
    brit1234 wrote: »
    Its going to be fun watching the bulls receive increasingly bad news over the next few months.

    Why can't they simply see house prices are to high and unsustainable? Is it greed clouding the judgement?

    You believe what you want to believe.

    Thats why I believe house prices are going to continue to crash just like they are doing :rotfl:
This discussion has been closed.
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