'We've reached a tipping point' Signs of house price weakness

ukcarper

Crashy_Time wrote: »

Is that the best response you could come up with? Have you got some silly little chart all ready to post that backs up your beliefs? If you still believe that property is "wealth" you are beyond help IMO.

Of course property is wealth or do you believe that all property will become worthless.

Jack_Johnson_the_acorn

Crashy_Time wrote: »

Is that the best response you could come up with? Have you got some silly little chart all ready to post that backs up your beliefs? If you still believe that property is "wealth" you are beyond help IMO.

You are too far gone..... Shame. Blinded by HPC.

Crashy_Time

ukcarper wrote: »

Of course property is wealth or do you believe that all property will become worthless.

After a proper correction most property won`t bring what we would describe as "wealth", just a reasonable sum if you can find a buyer. Many people confuse paper gains with actual wealth, but in reality the two are very different.

Crashy_Time

Jack_Johnson_the_acorn wrote: »

You are too far gone..... Shame. Blinded by HPC.

I am sure you will post some sort of nonsense all the way to the end days of this bubble. What kind of price drops will we need to see to make housing Bulls too sick to post I wonder? Actually, it is already getting quiet round here, distinctly lacking in immediate sarcastic and cocky put downs, I wonder why.

MobileSaver

MobileSaver wrote: »

What other "wealth" did you have in mind where there are verifiable figures confirming that renters have or pass on more of it than home owners?

Crashy_Time wrote: »

Is that the best response you could come up with?

Oh the irony...

Crashy_Time wrote: »

If you still believe that property is "wealth" you are beyond help IMO.

I think almost everyone in this thread can see who is beyond help. :rotfl:

Crashy_Time wrote: »

After a proper correction most property won`t bring what we would describe as "wealth", just a reasonable sum if you can find a buyer. Many people confuse paper gains with actual wealth, but in reality the two are very different.

In the context of the Inheritance Tax that we have been discussing please could you enlighten us how paper gains and actual wealth "are very different?"

ukcarper

Crashy_Time wrote: »

After a proper correction most property won`t bring what we would describe as "wealth", just a reasonable sum if you can find a buyer. Many people confuse paper gains with actual wealth, but in reality the two are very different.

You talk absolute rubbish if you get your 50% crash extremely unlikely property will still be wealth and paper gains have nothing to do with it.

System

Crashy_Time wrote: »

I am sure you will post some sort of nonsense all the way to the end days of this bubble. What kind of price drops will we need to see to make housing Bulls too sick to post I wonder? Actually, it is already getting quiet round here, distinctly lacking in immediate sarcastic and cocky put downs, I wonder why.

Probably because it was Sunday and you were posting well into the early hours. Someone in the HMO keeping you up?

The "housing bulls" on this site can't lose this little game you're inventing, we've already finished it, no matter what happens from here we will have done far better out of the property market than you ever will. Just sayin'.

You'd have much more success if you chose to argue with some potential FTBers or something.

ruggedtoast

There is a house around the corner from me which has just gone on at asking at £60k more than any has ever sold for on that road.

Its awful, and exciting!

Crashy_Time

MobileSaver wrote: »

Oh the irony...



I think almost everyone in this thread can see who is beyond help. :rotfl:



In the context of the Inheritance Tax that we have been discussing please could you enlighten us how paper gains and actual wealth "are very different?"

I didn`t mention inheritance tax, why do you think it is relevant to someone`s house being worth less than they thought, a "value" V actual money in the bank?

Crashy_Time

Joeskeppi wrote: »

Probably because it was Sunday and you were posting well into the early hours. Someone in the HMO keeping you up?

The "housing bulls" on this site can't lose this little game you're inventing, we've already finished it, no matter what happens from here we will have done far better out of the property market than you ever will. Just sayin'.

You'd have much more success if you chose to argue with some potential FTBers or something.

Why continue to argue with people who have "lost" then? Is it because you are some kind of internet sadist, or did you just borrow too much at the wrong time, like our pal Hamish :rotfl: