House prices - Will they fall or rise in 2012

wotsthat

Doesn't Jonathan Davis make the same prediction every year?

RenovationMan

wotsthat wrote: »

Doesn't Jonathan Davis make the same prediction every year?

Even a stopped clock is right twice a day.

DiggerUK

If property prices do not go down substantially by 2013, I'll sell, no, make that 'give away' all my gold.
..._

Running_Horse

Do you have their predictions for 2011?

geneer

RenovationMan wrote: »

Even a stopped clock is right twice a day.

Sadly, someone who said "house prices will never crash"
weren't even right twice a day.
They were just wrong.

Bigdeflationfirst

geneer wrote: »

'kin 'el.

Hamishes go to pundit Ray "prices are unlikely to fall (september 07) Boulger is predicting a drop.

Oh dear. This can't be good.

Everyone with any sense is predicting further falls for few years yet. Sorry if I sound like I am calling the few remaining bulls left sensless, but that is the way it is.

Sibley

Just out of interest.

To the bears.

If the average house price dropped.
Do you think that home owners would rush out and put ther house on the market or wait a couple of years until prices are rising again?

I can't understand why the excitement when a price index goes down or up for that matter.

Bigdeflationfirst

Sibley wrote: »

Just out of interest.

To the bears.

If the average house price dropped.
Do you think that home owners would rush out and put ther house on the market or wait a couple of years until prices are rising again?

I can't understand why the excitement when a price index goes down or up for that matter.

To the bears? Do you not realise that almost everyone on here is now bearish? Not many bulls left, you are on your own Sibley.

What are you talking about wait a few years until prices start rising again? Have you considered that property is now in a long term bear market?

We will not see the very bottom until interest rates are back to normal and all the repossessions have been cleared out. Could be years yet.

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

geneer wrote: »

Sadly, someone who said "house prices will never crash"
weren't even right twice a day.
They were just wrong.

Who was that someone? Was it the brother of the person who talked about 70% crashes?

Didn't you wail against people who use extremes to prove a point? Didn't you say that if they use this tactic, they have already lost the argument? Are you showing an astonishing lack of self awareness? :rotfl::rotfl: