London's property boom over?

RenovationMan

julieq wrote: »

What is a bit depressing really is how wrong you can be consistently and still bounce back like a sarcastic piece of cork in a rising tide as if you were right all along.

Do you remember GD being almost in tears with frustration about the BoE's standpoint on interest rates, how they must rise in order to control inflation. How he used the ECB's rate rise as a beacon of good sense. How he went VERY quiet when the ECB did a u turn and put rates back down, how he stayed quiet when inflation started to fall and how he's now chirping up again and saying the BoE should raise rates.

The guy is an idiot, so is shortchanged - better not to even try and debate with these guys. They just make up stuff that you said and then build arguments against their own lies.

Waste of space, the pair of them.

shortchanged_2

RenovationMan wrote: »

Do you remember GD being almost in tears with frustration about the BoE's standpoint on interest rates, how they must rise in order to control inflation. How he used the ECB's rate rise as a beacon of good sense. How he went VERY quiet when the ECB did a u turn and put rates back down, how he stayed quiet when inflation started to fall and how he's now chirping up again and saying the BoE should raise rates.

The guy is an idiot, so is shortchanged - better not to even try and debate with these guys. They just make up stuff that you said and then build arguments against their own lies.






Waste of space, the pair of them.

Thanks Renoman.

Graham_Devon

julieq wrote: »

Sorry Graham? You've been reading a different set of predictions than I have, because I've never seen Hamish say anything of the kind.

You've never seen Hamish suggest house prices will rise?

Okey doke.

That's not my failiure. But carry on with the pretence!

the_flying_pig

Getting a bit personal eh?

Losing_the_way

The changes to SDLT for properties over £2m will only have a minor effect as will the changes to prevent "enveloping".

I'm yet to determine how the HMRC class "resident" as opposed to "non-resident" in terms of the statements measures to

"extend the capital gains tax regime to gains on the disposal of UK residential property by non-resident, non-natural persons, such as companies, to support these changes. This will commence from April 2013".

This has the potential to effect foreign investors such as ex-pats. I believe that their are a number that post on this board. They will be fine as long as they don't need to remodel and or dispose their portfolio after April next year. After that date their capital gains will be taxed unless they can find some way around this.

FTBFun

Graham_Devon wrote: »

You've never seen Hamish suggest house prices will rise?

Okey doke.

That's not my failiure. But carry on with the pretence!

Err, you said he's been doing it for 4 years? Not just occasionally.

I don't know why i'm bothering with this.

Emy1501

julieq wrote: »

Sorry Graham? You've been reading a different set of predictions than I have, because I've never seen Hamish say anything of the kind.

Do you care to go back and find me where he said that? Because what I've seen him give is conservative supply led predictions which within a small margin of error have been right on the money. Year in year out.

What is a bit depressing really is how wrong you can be consistently and still bounce back like a sarcastic piece of cork in a rising tide as if you were right all along. It's not me that's spinning anything, by and large my analysis has always been borne out by events. You're spinning a total failure to predict anything by you and your mates, and it's pretty pathetic.

Hamish predicted in 2008 on HPC that prices would fall 30% in 2008-2009 and take off again in 2010 using his housing shortgage argument. He then said in 2010 than prices would take off again 2011 which they did not and now he is saying it will happen in 2014.

He also predicted in somewhere around 2010 that prices will be around 3 times what they are today in real terms in about 15 years time.


He is no better than anyone on here at predicting the path of future house prices. He is in reality just the opposite of the 70% club.

DervProf

RenovationMan wrote: »

They just make up stuff that you said and then build arguments against their own lies.

Says the man who never makes things up about other forum members.

And I think calling GD (and shortchanged) " an idiot is a bit out of order. I happen to think that there are very few "idiots" on this board. Agree or disagree with them, but calling people names on a regular basis is rather pathetic.

RenovationMan

DervProf wrote: »

Says the man who never makes things up about other forum members.

And I think calling GD (and shortchanged) " an idiot is a bit out of order. I happen to think that there are very few "idiots" on this board. Agree or disagree with them, but calling people names on a regular basis is rather pathetic.

Awwwww! Isn't it cute how all the bear gang rally round each other, like knights in shining armour running to the rescue of a princess. :rotfl:

DervProf

RenovationMan wrote: »

Awwwww! Isn't it cute how all the bear gang rally round each other, like knights in shining armour running to the rescue of a princess. :rotfl:

Awwwww! Isn't it a shame that you don't get that cuddle you so desperately need. And that when someone doesn't give you that cuddle, or heaven forbid suggests that they think interest rates should, or might rise, you nearly "blow a fuse".