Daily Express more desperate than Hamish to prop up falling house prices

Pimperne1

.Sibley wrote: »

sibley

you really are the saddest, most pathetic person i have ever come across

Bit of a pattern here, someone impersonates Sibley in the Express comments section, someone impersonates Sibley on the site.

paddyrg

I think The Express are just trolling.

the_flying_pig

Percy1983 wrote: »

House prices have surged 500000% since the birth of christ....

(PS random figure picked off the top of my head, may not be accurate).

probably about a trecidillion percent or summat to be honest, m8.

if someone had given jesus a christening present of a quid & He had earned 5% a year compound on it since then it'd now be worth £2,391,102,204,613,620,000,000,000,000,000,000,000,000,000.

which is a lot of money.

with gold at £1000 per ounce that'd be the equivalent of over 10 million very large balls of gold each weighing the same as the earth.

probably about an equally useful figure as the DE's decade on decade HPI number.

Percy1983

the_flying_pig wrote: »

probably about a trecidillion percent or summat to be honest, m8.

if someone had given jesus a christening present of a quid & He had earned 5% a year compound on it since then it'd now be worth £2,391,102,204,613,620,000,000,000,000,000,000,000,000,000.

which is a lot of money.

with gold at £1000 per ounce that'd be the equivalent of over 10 million very large balls of gold each weighing the same as the earth.

probably about an equally useful figure as the DE's decade on decade HPI number.

Oh rubbish you completely disproved my made up percentage. :rotfl:

Good work!

Wheezy_2

the_flying_pig wrote: »

if someone had given jesus a christening present of a quid.....

The Three Wise Men obviously didn't believe in fiat currency, so instead gave him myrrh, frankincense and....gold

Thrugelmir

Dan: wrote: »

The general public love it and will never lose faith in property.

The general public loved Lastminute.com enough to value a company with a turnover of less than £3 million and no profits, at a peak stock market value of £530 million.

The ultimate peak of the Dotcom boom. For property NR and B&B.

Instinct (greed) takes over from rational analysis.

Dan:_4

Thrugelmir wrote: »

The general public loved Lastminute.com enough to value a company with a turnover of less than £3 million and no profits, at a peak stock market value of £530 million.

The ultimate peak of the Dotcom boom. For property NR and B&B.

Instinct (greed) takes over from rational analysis.

yeah.



__

Sibley

Bit of a pattern here, someone impersonates Sibley in the Express comments section, someone impersonates Sibley on the site.

I should have patented my name.:rotfl:

DervProf

Pimperne1 wrote: »

Well I would say that it exercises an influence on the mindset of the HPC brigade who revel in any bad news on house prices and despair in any good news. If it does nothing else then it provides a welcome salvo against the doom mongers.

Maybe the "mindset of the HPC brigade" is due to the continual feed of rose-tinted, debt fueled "good news" that we had in the last decade. It was OK for a year or two, then some of use dared to suggest that the "free money" wasn't free and that there may be trouble ahead. Meanwhile the masses were oblivious as to where they were heading, and now are starting to realise that the free lunch might leave them with a stomach upset. Maybe just another "wafer thin" ramping article might make them feel a bit better.

IveSeenTheLight

Thrugelmir wrote: »

The general public loved Lastminute.com enough to value a company with a turnover of less than £3 million and no profits, at a peak stock market value of £530 million.

The ultimate peak of the Dotcom boom. For property NR and B&B.

Instinct (greed) takes over from rational analysis.

Can you spot the fundamental difference between Last minute.com shares and property?

Clue: People need a place to live.