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Debate House Prices
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Ladders can be dangerous, especially housing ladders
Comments
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tartanterra wrote: »I beg to differ.
This forum is all about debate, and in general most of the posters do debate. i.e.:
"What effect will low interest rates/immigration/recession/lack of new build have on the housing market?"
This isn't the case with the most of the uber bears on here, who always seem to debate (rant?) from the same point of view. i.e.:
"I can't afford a house, so house prices must drop"
Thinking that the world revolves around your own particularly tragic circumstances doesn't really come under the heading of "understanding financial matters" does it?
Disclaimer: I'm not talking about Geneer in particular, just in general.:D
I'm talking bulls/bears. Not Hamish/Sibley/etc, they are are in a different league.
Always going to be the nutters at the extreme.0 -
HAMISH_MCTAVISH wrote: »Sane person--- We're short somewhere around 150,000 houses a year.
Abaxas/geneer/Graham etc--- Well we don't know precisely, it might only be 149,000 a year. Or even 148,000 a year. Nobody knows exactly how many we're short. A few thousand college kids probably moved back in with their parents. And a cold winter might kill off a few hundred extra old people. And some foreigners might go home. Or move in with mates. Hell, that shortage could only be 147,000 by the time we're done obfuscating the issues.
Sane person--- Alrighty then.....
A sane person would recall that supply vs demand was the primary justification given by the bullish "experts" and forum meme regurgitators as to why there couldn't possibly be a housing crash.
For example: http://news.bbc.co.uk/1/hi/6382399.stm
Which would lead a sane person to conclude that there were multiple drivers for the boom and bust.
A sane person would think twice about using the same discredited justifications again.0 -
tartanterra wrote: »I beg to differ.
This forum is all about debate, and in general most of the posters do debate. i.e.:
"What effect will low interest rates/immigration/recession/lack of new build have on the housing market?"
This isn't the case with the most of the uber bears on here, who always seem to debate (rant?) from the same point of view. i.e.:
"I can't afford a house, so house prices must drop"
Thinking that the world revolves around your own particularly tragic circumstances doesn't really come under the heading of "understanding financial matters" does it?
Disclaimer: I'm not talking about Geneer in particular, just in general.:D
Well you couldn't possibly be talking about me TartanKecks, as I do not complain about not being able to afford a house. And whilst I employ a particularly refinded style for the gleeful evisceration of nonsensical and hypocritical arguments, this is not the same as a rant which would imply anger, ad homenim attacks and a general lack of coherence (see RenovationMan/Hamish/Columbo/JulieQ et al when the debate doesn't go the right way for them).
It is interesting that you imply that it is primarily bears who refuse to "debate". When its quite clear that those of a bullish persuasion are more inclined towards evasive irrelevant fall back positions (the timing game) ignoring debate that has occured and repeatedly returning to a predictable discredited fall back positions (the magic bull reset switch).
It is entierly disengenious of you to characterise discussion as "most posters looking forward" when a large proportion of the non bear (bull turned neither:rotfl:) posters who insist on every argument starting and stopping in 2004, 2004, 2003, 2002 (a date which seems to receed further into the past the clearer it becomes how fooked the economy and the housing market really is).
That is all.
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tartanterra wrote: »
This isn't the case with the most of the uber bears on here, who always seem to debate (rant?) from the same point of view. i.e.:
"I can't afford a house, so house prices must drop"
Hardly any posts follow this line. This isn't HPC.
Always good to understand any market fully when investing for the long term.0 -
I'm sure everyone lives in hope but will be sadly dissappointed.
Peak oil. Joined MSE approx 10 days ago.
Looks like I've got myself a former oz forum mentalist stalker.
One more nutter and I'll be able to form a football team.
peakoil
Today, 5:39 PM
MoneySaving Convert
Join Date: Jul 20110 -
tartanterra wrote: »I can think of no better way to describe you.:)
Then its a shame that you can think no better.0
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