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Debate House Prices


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Apparently......

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Comments

  • geneer
    geneer Posts: 4,220 Forumite
    Spot on. The little guys like Geneer are going to be left behind again. They waited for a BIG crash, got a little correction, decided it wasn't big enough for them and kept waiting, only to see the boat sail without them again. Oh well, I suppose he can wait for the 'next' crash and maybe this time prices in Edinburgh won't crash to a level higher than they were when he first started waiting for the BIG crash. :rotfl:

    Sockpuppet alert.

    Ignore I think.
  • geneer
    geneer Posts: 4,220 Forumite
    Besides, short term fluctuations in the stock market are of little concern to most people in the real world.


    A bit like your "normal seasonal variations" eh. :rotfl:
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker

    But I do have to ask, given that you're the king of gloom around here, forever posting the most doom laden articles you can find, why would you have any money sitting in high risk/high volatility AIM shares???

    .

    Why, as the king of the rose tinted spectacles brigade, are you STILL waiting to buy an investment property!?

    As for your question.....you can't have it both ways. You've had a pop at people for not investing, and savings in savings accounts, calling them parasites, and now have a pop for investing in shares.

    You have a pop constantly at those investing in gold.

    The only people you don't have a pop at are those investing in houses, even if it means they take on immeasurable debts to do so. Yet, you still sit on the sidelines, telling everyone how great the one way bet is....just won't take it!
  • geneer
    geneer Posts: 4,220 Forumite
    Why, as the king of the rose tinted spectacles brigade, are you STILL waiting to buy an investment property!?

    As for your question.....you can't have it both ways. You've had a pop at people for not investing, and savings in savings accounts, calling them parasites, and now have a pop for investing in shares.

    You have a pop constantly at those investing in gold.

    The only people you don't have a pop at are those investing in houses, even if it means they take on immeasurable debts to do so. Yet, you still sit on the sidelines, telling everyone how great the one way bet is....just won't take it!

    A severe case of the mouth trousers if ever there was one.

    Ask Rinoa, an former professional "flipper" when he last cashed in a sure thing.
  • erdd2
    erdd2 Posts: 1,070 Forumite
    More QE?

    Not so sure it worked previously, but if the BoE does go for more loosening it will continue to be a golden age for all of you lovely people with tracker mortgages...

    I benefited hugely from risking a tracker mortgage a few years ago....80% reduction in 18 months was amazing..and still benefiting!
  • erdd2
    erdd2 Posts: 1,070 Forumite
    let women take over and run the budget...they will do a brill job asking little reward and the men can sit back!
  • geneer wrote: »
    Sockpuppet alert.

    Ignore I think.

    Thanks for the heads up. So you're a sock puppet - big deal, most people don't use their real name on here so we're all sock puppets.

    So don't worry, I won't hold it against you or put you on ignore.
    Day to day, little things we can all do to tackle the Credit Crunch.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Have to give it to you geener.

    You've got about 8 posters on to you now. Yet you still have all 8 running around in various circles chasing their tails. Don't agree with a lot of what you say, but just how many more are going to come along to "have a go" to no avail!?

    Personal favour to ask too. I have recently invested in Kleenex. Could you make a spelling mistake again? Could prove profitable.
  • tomterm8
    tomterm8 Posts: 5,892 Forumite
    Part of the Furniture Combo Breaker
    Falling Unemployment, Rising GDP, a Strengthening Economy and banks lowering their margins above base rates, will be conditions under which house prices will fall.

    Seems to me, house prices are about stable at the moment. Not gaining massive amounts, not losing massive amounts. Pretty boring, really. Which is just the way I like it.

    The eurozone crises could easily mess that up. British banks really do invest a lot in Europe. If they have to make up losses there, it means another round of deleveraging. It doesn't need the fundamentals of the British economy to be terrible for a housing crash.
    “The ideas of debtor and creditor as to what constitutes a good time never coincide.”
    ― P.G. Wodehouse, Love Among the Chickens
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