Expert prediction for 2012: Down!

Bigdeflationfirst

The correct definition of a bull is they think prices will rise, the definition of a bear is they think prices will fall.

Are there any house price bulls left, most of the previous house price rampers are now saying yes prices will fall now.

RenovationMan

Bigdeflationfirst wrote: »

The correct definition of a bull is they think prices will rise, the definition of a bear is they think prices will fall.

Are there any house price bulls left, most of the previous house price rampers are now saying yes prices will fall.

What about those people who think property will stgnate and remain static? How do we pidgeon-hole them?

Bigdeflationfirst

RenovationMan wrote: »

What about those people who think property will stgnate and remain static? How do we pidgeon-hole them?

They are bears, those who think property will just about keep up with inflation are bulls. My point is - There are not many bulls left.

Any way we are now in deflation soon to be big deflation, so feel sorry for those property owners with mortgages, your debts are surging against everything else.

RenovationMan

JonnyBravo wrote: »

Yep. For me it's clear.
He is a homeowner but is an "overstretched debt junkie" (I've read lots of naerlynew you know) and obviously doesn't want to disclose such a shattering revelation.

You must be wrong JB, geneer has said:

geneer wrote: »

geneer wrote: »

Still banging on about [my] mortgage amounts? Why?

You've seen everything but the first digit.

So at most, geneers mortgage is £989.97. "Oh" I hear you say,"That blackout looks wide enough to span two digits not one, as geneer claims". But I sya to you that geneer, throughout all this time on this forum has been the soul of honesty and trustworthyness, so how can you doubt him now? :rotfl:

Bigdeflationfirst

Feel sorry for anyone with big mortgages now we are in deflation. Your mortgages are going up up and up as fast as you can try and pay them down. We could see big deflation then a lot of people will wish they had not got such big mortgages they will wish they sold property before it fell so much next few years.

RenovationMan

Bigdeflationfirst wrote: »

Any way we are now in deflation soon to be big deflation, so feel sorry for those property owners with mortgages, your debts are surging against everything else.

Bigdeflationfirst wrote: »

Feel sorry for anyone with big mortgages now we are in deflation. Your mortgages are going up up and up as fast as you can try and pay them down. We could see big deflation then a lot of people will wish they had not got such big mortgages they will wish they sold property before it fell so much next few years.

Is there an echo in here? :rotfl:

Thanks for feeling sorry for us. It's quite touching.

Bigdeflationfirst

Your welcome, hope you don't get too down when you realise how much the deflation has increased the value of your big mortgage. You are unusual most like you try to argue that we are not in a deflationary environment?

RenovationMan

Bigdeflationfirst wrote: »

Your welcome, hope you don't get too down when you realise how much the deflation has increased the value of your big mortgage. You are unusual most like you try to argue that we are not in a deflationary environment?

I'll try to be brave, thanks for your kind thoughts.

I think I'm probably unusual in that my wife and I have used a combination of Martin's money tips, comparison websites and savvy spending to reduce my outgoings, allowing us to funnel this free money onto our mortgage to create a deflationary economy right in our household. Our mortgage is our only debt and that has gone down by £50k over approx. 19 months so that's deflationary and our outgoings and spending have both gone down, which is again deflationary.

I certainly feel that our family finances are in a deflationary environment right now.

geneer

RenovationMan wrote: »

That's why he won't show his monthly mortgage amount. He is desperately afraid of slipping up. There is absolutely no reason to hide this except for the reasons myself and JonnyBravo have given, I've supplied mine and haven't had any bad effects. geneer knows this and tries to hide his discomfort under the bluster of pretending we have asked for info that can identify him (sort code and account number), which we haven't and never would or he jumps off at a tangent ranting about someone 'thanking' someone - hoping that we follow on that tangent and forget about his evasion.

Fear not, we won't.

Sorry Renovation man. At which point did your cross-eyed ignorathon focusing on the date of my house purchase become all about the exact amount of my mortgage payment.

It really is ironic that you choose to use words such as "tangent" and "evasion"...as well as chimping the phrase "self aware" back at me. :rotfl:

RenovationMan wrote: »

Why are some people on here so concerned about 'thanks'? Someone even created a username just to 'thank' like-minded people. Bonkers.

Because it shows you popped in, and decided not to answer. Allowing me to call you on it.
Wasn't this made quite clear?

RenovationMan wrote: »

What queries have I 'strangely' declined to answer, 'again'? As far as I can see, I was the last one to ask a question and you're the one who has strangely declined to answer 'again':

I answered by confirming that I'm not going to tell you.

I also pointed out it was irrelevant to the topic under discussion.

I pointed out that you thought it was perfectly adequate when you foolishly "gloated" about a "mistake in the numbers" i.e. first month was a partial payment.

I've asked you what has now changed, and you've refused to answer.

I've also postulated that this is because your irrational accusation of lying, goven growing amount of evidence, has humiliated you.

So, rather than say, "yep, Geneer bought, I'm looking very silly indeed", you've decided that an irrelevant focus on
exact sums will divert attention.

But it hasn't.

To summarise the key questions:

• Still banging on about the exact mortgage amounts? Why?

• What I have provide is everything but the last digit. This was good enough for you before you dropped a clanger. So what has changed?

Lets pop another one in there, just cutting to the heart of it.

• Do you still maintain that I did not buy in December 2009?

Easy questions RM. What are you afraid of

geneer

RenovationMan wrote: »

What about those people who think property will stgnate and remain static? How do we pidgeon-hole them?

They call themselves bulls or "non bulls" now RM. Though they were neithers for a bit.