We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Harder to rewrite history than you think Bulls.
Comments
-
Does this count as a prediction on 3 Aug 06:
"I tell you now, buyers will pull out immediately; the market will die going into winter and we will see negative movement by the year end. Finally the HPI is dead. Long live the HPD".
http://www.housepricecrash.co.uk/forum/index.php?showtopic=33519&st=69
Ah yes. August 2006. When interest rates were first increased in their inexorable rise to crash speed.
Sounds to me like he was predicting that the inevitable increase in interest rates would be hastening the demise of the bubble.
Fair play to him, he was bang on.
Shame he was a few months out in the timing.
Should have stuck to his guns on the prediction he made in 2005, that house prices would crash in 2007.:)0 -
I've just wasted 2 minutes of my life reading this !!!!!!.
!!!!!! guys why are you arguing over what some t0sser that you have never met did or didn't say or do 10 years ago?"The problem with quotes on the internet is that you never know whether they are genuine or not" -
Albert Einstein0 -
Does this count as a prediction on 3 Aug 06:
"I tell you now, buyers will pull out immediately; the market will die going into winter and we will see negative movement by the year end. Finally the HPI is dead. Long live the HPD".
http://www.housepricecrash.co.uk/forum/index.php?showtopic=33519&st=69
How about:
In June 2009 Jonathan predicted that prices would fall by 20%-30% between then and the beginning of 2012.
http://jonathandaviswm.com/blog/2009/jun/23/turn-turn-turn-byrds-1965/0 -
How about:
In June 2009 Jonathan predicted that prices would fall by 20%-30% between then and the beginning of 2012.
http://jonathandaviswm.com/blog/2009/jun/23/turn-turn-turn-byrds-1965/
I see it like this pimps.
Geneers colleague says "the next person to walk through that door will order a Zinger tower burger"
48 People walk through the door and order various combinations of chicken related goods - but no zinger tower burger.
The 49th person walks through the door, and orders a zinger tower burger.
Geneers jaw drops - he has a life changing moment, realising that his colleague is actually a prophet of god and devotes his life to making 100 posts a day about him on lots of different internet forums.
However, during the time it took 48 people to buy chicken related goods, the price of Zinger tower burgers has risen by so much that geneer can no longer afford one for lunch - even with staff discount.0 -
Ah yes. August 2006. When interest rates were first increased in their inexorable rise to crash speed.
Sounds to me like he was predicting that the inevitable increase in interest rates would be hastening the demise of the bubble.
Fair play to him, he was bang on.
Shame he was a few months out in the timing.
Should have stuck to his guns on the prediction he made in 2005, that house prices would crash in 2007.:)
A few months indeed.
Looks like he was about 5 years early in STRing.
To think he has the cheek to criticise people for profiteering from the market when he made a 100% profit over his 8 years of ownership (of course we all know his plan was to STR then climb back on when prices crashed - Wow, what a miscalculation for a Financial Planner). :rotfl::T0 -
JD STR-ed in 2002 expecting imminent price falls because of Iraq...
He then again wrongly in 2004 predicted falls for 2005 and 2006......
In 2005 he called the crash for 2007, when prices rose 5% instead.
He was only partially right about 2008 (although he called it for 2007) but wrong about the amount of falls in 2008, and 2007, and completely wrong about the cause of those falls.
Then he called for huge falls again in 2009, 2010 and 2011, whilst prices have actually risen markedly from early 2009 when he made the call.
His 2009-2011 prediction of 40% to 50% falls was made after the announcement of QE and low interest rates, yet prices actually rose 10% instead, putting him a massive 60% out from what actually happened.
He's so bad at this, he makes Capital Economics house price predictions look good.:rotfl::rotfl::rotfl:“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: »JD STR-ed in 2002 expecting imminent price falls because of Iraq...
He then again wrongly in 2004 predicted falls for 2005 and 2006......
In 2005 he called the crash for 2007, when prices rose 5% instead.
He was only partially right about 2008 (although he called it for 2007) but wrong about the amount of falls in 2008, and 2007, and completely wrong about the cause of those falls.
Then he called for huge falls again in 2009, 2010 and 2011, whilst prices have actually risen markedly from early 2009 when he made the call.
His 2009-2011 prediction of 40% to 50% falls was made after the announcement of QE and low interest rates, yet prices actually rose 10% instead, putting him a massive 60% out from what actually happened.
He's so bad at this, he makes Capital Economics house price predictions look good.:rotfl::rotfl::rotfl:
So in a period of 10 years, he got 1 year nearly right?0 -
heathcote123 wrote: »So in a period of 10 years, he got 1 year nearly right?
That's 1 more than Geneer. :rotfl::rotfl::rotfl:0 -
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards