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Debate House Prices
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FTSE down over 4%
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shortchanged wrote: »And actually I don't say falling house prices is good all of the time. What this country needs is for house prices to come back to a reasonable, realistically affordable level for the long term. Once they have corrected, banks need to maintain strict lending criteria to ensure that property price bubbles are avoided again. Fat chance I know as we never seem to learn from our mistakes.:)
I totally agree, but what I have highlighted today that when things fall, it is generally not a good thing (the ideology may be but the reality is far from that)
We all lose by the main, some more than others.
It was just easy to use stocks as the example, in reality there is not a lot of difference between the two. They both fall/crash for the same reasons.0 -
And back up 3% today...0
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Blacklight wrote: »And back up 3% today...
Well done. Already posted a thread. No one was interested.0 -
Graham_Devon wrote: »Well done. Already posted a thread. No one was interested.
I was but as you said its very volitile, I put another 5k in last Friday but as I have more bonds maturing next month I'm just as happy for it too stay low.Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
Graham_Devon wrote: »Well done. Already posted a thread. No one was interested.
I'm more interested in where its going to stabilise at. As appears many Companies will be hit by reduction in Governmental spend globally.0 -
Yup, all of Europe's problems have dissapeared overnight, the whole global economy, including China is not now slowing down, the domino's are back in the box.....:j _party_There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...0
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Better than being at Alton Towers this (well on the up days, anyway)0
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FTSE is up 4% today."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0
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Down another 3% today, taking it to fresh 12 month lows....if the fall holds up that is.
Notice that Warren Buffet and a single quote has become extremely popular with the head in sand crowd on the share boards again! Wonder if they actually ever look at their portfolios, after continuously buying on every single new "bottom".0
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