99% of posters on this board are property bears

chucknorris

Flight2quality wrote: »

The definition of a property bull is you think prices will go up from here in the short to mid term

I don't think there any many left at all who actually still think this.

No it is not! You can take a bullish position about property in a recession thinking prices will not fall as much and eventually substantially recover. Back in 2008 when some were saying prices would fall 50-70% and I was saying 35% I was classed as a bull.

At the moment I think prices will stagnate nominally between now and about 2015 and probably fall about 10-12% in real terms

PasturesNew

I'm renter scum, here checking I'm not missing the boat

homelessskilledworker

chucknorris wrote: »

No it is not! You can take a bullish position about property in a recession thinking prices will not fall as much and eventually substantially recover. Back in 2008 when some were saying prices would fall 50-70% and I was saying 35% I was classed as a bull.

At the moment I think prices will stagnate nominally between now and about 2015 and probably fall about 10-12% in real terms

:rotfl:

I don't believe any of that, go and find this post of yours where you said house prices would fall by 35%

homelessskilledworker

Reading some of the posts on here and you wonder how they are going to cope mentalily when house prices plummet. I along with many others have learnt to deal with high house prices, as each day now passes it is all Gravy from here on:)

chucknorris

homelessskilledworker wrote: »

:rotfl:

I don't believe any of that, go and find this post of yours where you said house prices would fall by 35%

Why on earth would you imagine I would say that if it wasn't true?

https://forums.moneysavingexpert.com/discussion/comment/20036927#Comment_20036927

post number 18

robmatic

homelessskilledworker wrote: »

Reading some of the posts on here and you wonder how they are going to cope mentalily when house prices plummet. I along with many others have learnt to deal with high house prices, as each day now passes it is all Gravy from here on:)

I have a healthy chunk of equity in my home, and a modest mortgage which is more than covered by the income from renting out my spare room. With minimal housing costs and the prospect of being mortgage-free by the time I'm 40, I think I will cope mentally whatever happens to house prices.

chucknorris

robmatic wrote: »

I have a healthy chunk of equity in my home, and a modest mortgage which is more than covered by the income from renting out my spare room. With minimal housing costs and the prospect of being mortgage-free by the time I'm 40, I think I will cope mentally whatever happens to house prices.

Due to low interest rates I'm actually much better off now (and for the last 3 years and also looks like for a few years to come too), sure my equity has fallen but prices will rise again eventually, but right now my income is much higher.

homelessskilledworker

chucknorris wrote: »

Why on earth would you imagine I would say that if it wasn't true?

https://forums.moneysavingexpert.com/discussion/comment/20036927#Comment_20036927

post number 18

My apologies, I am really shocked that you would post that.

Again, I am sorry, I have been Tango'd

System

homelessskilledworker wrote: »

Your constant abuse speak volumes mate, no substance at all to your posts:)

I will tell you what, I will even put my head on the plate and put my money where my mouth is, unlike you and your pathetic non posts.

Halifax data is out next week, and seeing as the Halifax has more of a northen bias and the fact that what we are now seeing on the news in the way of bad news is in reality happening right now up Norf... The Halifax figures will be bad, to be honest I will be shocked if they are not.

I await you next cocky one liner with zero content:)

Which part was abusive exactly? I mean it was truthful but hardly abusive. There is enough substance to my posts to mean I don't need to have 4 accounts.

Anyway, so predicting a fall in the halifax figures is "putting your head on the plate" is it? Blimey, where do you get off making such zany crazy predictions like that? I expect it to be negative too. WILD

chucknorris

homelessskilledworker wrote: »

My apologies, I am really shocked that you would post that.

Again, I am sorry, I have been Tango'd

I don't have an agenda (people who believe they can actually influence the market by posting on here should be institutionalised), I just call it the way I see it.

Back in 2008/2009 the best source of information for 'guessing' (because that's all we were doing) where the market was going was the spread markets, I'm not saying they are always right, of course they aren't but they have a vested interest in trying to be accurate because their punters can either buy or sell the price (unlike fixed odds).

I don't have access to the spread markets any more if any out there does I would apprciate a link.