Credit crunch forecaster now suggests 50% falls in house prices

Cleaver

smeagold wrote: »

In about 3 to 5 years time when gold is at 5,000gbp and house prices are at an avg of 80,000gbp

Realmoney wrote: »

I think you could be right.

I think this is down to the fact that you're the same person.

Cleaver

Realmoney wrote: »

http://madgoldspreadtrader.blogspot.com/

Can I ask did you buy or still renting?

Are you finally living your dream of an eco house 100% off grid on a small holding growing your own veg and raising livestock?

How can he be '100% off grid' when he's clearly running a public blog and posting on internet forums?

Wheezy_2

Cleaver wrote: »

How can he be '100% off grid' when he's clearly running a public blog and posting on internet forums?

He's using realmoney/flight2whatever/poshbird/jpmorgue/bixwier's wifi

geneer

:rotfl:

Now I'm very happy with the team.

Rinoa

geneer wrote: »

:rotfl:

Now I'm very happy with the team.

geneer wrote: »

Lets face it, your apparent insistence on getting the last word negates your posturing somewhat.

gggggggggggggggggggggggggggggggggg

Conrad

smeagold wrote: »

Go read up on stagflation and it's implications for various asset classes

I strongly urge you to read the new book Futurebabble. It is littered with examples of these 'one big idea' prediction scenarious from history, 99% of which fail to come true.

Your persona is described in the book as a Hedgehog and like all hedgehogs with 'one big idea' they are wrong nearly every time. Instead learn to be a fox with a more even handed view that is flexible.


Before you dismiss me, ponder this. In 2005 I was saying to Hedghogs on the Dubai property forums that they were making a mistake in thier faith that thier one big idea was sound and so 'obviously correct' and they dismissed me out of hand, much as you likely will now. Oh well.

geneer

Rinoa wrote: »

gggggggggggggggggggggggggggggggggg
"Lets face it, your apparent insistence on getting the last word negates your posturing somewhat".

Of course the fact that I'm not in fact posturing utterly negates any point you thought you were trying to make.

Doesn't it.

Rinoa

geneer wrote: »

Of course the fact that I'm not in fact posturing ......

:rotfl:

.........

geneer

Rinoa wrote: »

:rotfl:

.........

Please demonstrate my posturing.

Realmoney_2

50% falls in real terms is not that hard to believe now. We are 20% down now, another 10% down next yr seems likely. If similar falls next few years, then we will be 50% real falls from top to bottom.