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Debate House Prices
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MW: Britain's housing market is an unexploded economic bomb
Comments
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I think many predicted falls around four years ago (myself included) and lets be honest here, without the mechanisms introduced to delay the inevitable, damn sure prices would of fell a lot sooner.
Funny thing is, if this trend continues the infamous HPC graph will start to look rather prophetic.0 -
I think many predicted falls around four years ago (myself included) and lets be honest here, without the mechanisms introduced to delay the inevitable, damn sure prices would of fell a lot sooner.
Funny thing is, if this trend continues the infamous HPC graph will start to look rather prophetic.
Getting prophetic and pathetic mixed up there.;)0 -
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)
Personally I have no view either way on if house prices will rise or fall as I have paid my mortgage off and it is not a concern to me either way.
However your reaction is wonderfully pavlovian. You could have been one of his little doggies barking to order. The moment I saw Moneyweek mentioned I knew what to expect.
I'm just surprised Hamish is, so far, late to the party."There's no such thing as Macra. Macra do not exist."
"I could play all day in my Green Cathedral".
"The Centuries that divide me shall be undone."
"A dream? Really, Doctor. You'll be consulting the entrails of a sheep next. "0 -
Spartacus_Mills wrote: »I'm just surprised Hamish is, so far, late to the party.
The last I heard* EXCESS_McSPAMMISH was loudly trying to seduce Julieq with his .......... (cut-modify-paste) 'intellect', but she had him all tied up, poor boy
*I'm 1200+ miles away, so he must be deafening back there0 -
Spartacus_Mills wrote: »Personally I have no view either way on if house prices will rise or fall as I have paid my mortgage off and it is not a concern to me either way.
However your reaction is wonderfully pavlovian. You could have been one of his little doggies barking to order. The moment I saw Moneyweek mentioned I knew what to expect.
I'm just surprised Hamish is, so far, late to the party.
Ha ha! What have you posted three thousand times about if you have no view either way on if house prices will rise or fall - I might have to go back and read some of them?0 -
Why can't they simply see house prices are to high and unsustainable? Is it greed clouding the judgement?
Yes your greed to want something for less is clouding your judgment.
I saw an everyday couple yesterday, he is a rossa in the MET 17 yrs on £49000 basic, she is a call handler for the MET on £23000. Just a basic everyday couple on £72000.
In the town where I wrk a 3 bed semi is about £230k, hardly over priced. They have a 15% deposit.
Bears exist and an unreality tunnel. Stop being so money centric for Heavens sake:A0 -
Spartacus_Mills wrote: »I'm just surprised Hamish is, so far, late to the party.
Why bother?
It's moneyweek for heavens sake....“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
HAMISH_MCTAVISH wrote: »Why bother?
It's moneyweek for heavens sake....
Because in 2006 they predicted house prices would crash in 2008. :rotfl:
As opposed to,say, predicting they would land softly.0
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