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Debate House Prices


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If You STILL Haven't Bought a Property ..

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Comments

  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    You bears are so to type. Classic group think back slapping when people present arguments in support of your fixed worlkd view and classic confirmation bias filtering out of anything that detracts.

    29 thanks to post number 2, only 1 to the OP's thread starter. What objective evidence are you referring to that enables you to confirm beyond a doubt the property in his area has not largely all been sold?
    Now according to the experts you bears will respond with something like -'we don't need evidence, his past form is all we need' - a classic side step in order for you to settle any cognitive dissonance you are experiencing on account of any suggestion the opposing sides view could have legs.
  • Mallotum_X
    Mallotum_X Posts: 2,591 Forumite
    Part of the Furniture Combo Breaker
    Perhaps if the "bulls" didnt need to create sockies like reweird, MrRee, the gh ouls etc etc then the debate might be a little more constructive.
  • Conrad wrote: »
    You bears are so to type. Classic group think back slapping when people present arguments in support of your fixed worlkd view and classic confirmation bias filtering out of anything that detracts.

    29 thanks to post number 2, only 1 to the OP's thread starter. What objective evidence are you referring to that enables you to confirm beyond a doubt the property in his area has not largely all been sold?
    Now according to the experts you bears will respond with something like -'we don't need evidence, his past form is all we need' - a classic side step in order for you to settle any cognitive dissonance you are experiencing on account of any suggestion the opposing sides view could have legs.

    Are you bulls any different?
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    nembot wrote: »

    Mr Ree, but your posts suggest you have little idea how the other half live, which is probably around 98% of the UK to be fair.



    Go around the home counties and you will find millions of people with a fair amount of wealth. This 98% notion is barmy.
    I meet ordinary folk every day who's joint incomes are £80k+ - for example a supervisor on the underground and a teacher. This is totaly ordinary in the South East. I find such people will usualy have a lot of equity and often other properties too.

    £500k is nothing out of the ordinary at all, and I don't mean in London.

    I'm not badly off but I feel poor compared to many I meet.
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    Are you bulls any different?

    No some aren't.
    Studies show those with the most severe and radical claims often hog the limelight as these people are memorable and entertaining. This is why you get the same old commentators doing the TV interview circuits even though it has been show they are nearly always wrong.

    Erwin Steltzer (sp) was claiming in 2008 that all was well as traders were still earning big bonus's. So utterly wrong yet a regular feature on the interview circuit.
    Somerset Webb and Will Hutton are other examples.

    Those who are most accurate are often seen as fence sitters as they dont have these 'definite' predictions, instead they take a more sensible less hrill approach. These are the folk we should listen to mostly.
  • nembot
    nembot Posts: 1,234 Forumite
    Conrad wrote: »
    You bears are so to type. Classic group think back slapping when people present arguments in support of your fixed worlkd view and classic confirmation bias filtering out of anything that detracts.

    29 thanks to post number 2, only 1 to the OP's thread starter. What objective evidence are you referring to that enables you to confirm beyond a doubt the property in his area has not largely all been sold?
    Now according to the experts you bears will respond with something like -'we don't need evidence, his past form is all we need' - a classic side step in order for you to settle any cognitive dissonance you are experiencing on account of any suggestion the opposing sides view could have legs.

    There were a number of thanks from well respected members of this forum, such as Generali for example.

    The rest of your post doesn't really deserve a response to be fair...
  • So how come encouraging people to buy property threads is ok and not silver threads! lol..I could quite easily start a thread and replace the word 'property' with 'silver' yet one causes no probs the other does - go figure.

    Anyway I would say yes and no to the argument that property will increase in the near term.

    1) Yes it will increase because the last thing the government want is to have a double dip so they will cushion the property market by a number of ways to stimulate the economy.

    2) and no I would not buy property now because the property market with respect to commodities is still tanking and so will keep my currency in precious metals and/or commodities until the time is right (for us).

    I would never keep currency for longer than is necessary ie. in a bank or even at hand unless I was spending/investing it within the short term. THAT is the reason why people can't buy property because they keep currency that is designed to depreciate over time.
  • Conrad wrote: »

    Those who are most accurate are often seen as fence sitters as they dont have these 'definite' predictions, instead they take a more sensible less hrill approach. These are the folk we should listen to mostly.

    Is that people like julieq then? Of course they are going to be right to some extent because they change their mind as things unfold in front of them. Therefore they are not really predicting things, they are just going with the flow.
  • nembot
    nembot Posts: 1,234 Forumite
    Remember Carol_T hounded off this very forum by the bulls for defending her right to child benefit if I recall....

    I wonder if she had more of a bullish perspective, would it of still happened?
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Conrad wrote: »
    29 thanks to post number 2, only 1 to the OP's thread starter. What objective evidence are you referring to that enables you to confirm beyond a doubt the property in his area has not largely all been sold?

    Thanks mean nothing. Whilst I largely agree with the points made by the OP the argument was presented in an unpleasant way. It's becoming clear also that the OP is an internet troll and is making things up. The second post was funny.
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