Debate House Prices


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

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Comments

  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    hpc_troll wrote: »
    Am I right in thinking that you mean Selling to Rent (STR)

    I rather suspect he meant the 'dances with sheeple' method, I hesitate to call it a 'strategy', of renting for 17 years when the rent paid could have cleared a mortgage by now.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”
    -- President John F. Kennedy”
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    hpc_troll wrote: »
    To show that I am in earnest, I am going to guess at what you mean. Am I right in thinking that you mean Selling to Rent (STR) which is when people suppose that they can the timings of any market moves downwards better than everyone else so sell at what they suppose will be a high level so that they can re-enter once it has moved down to a lower level and in this way benefit from any interruption in the path of the inflation of house prices?

    Crashy needs a crash of > 100% to break even - what did he do wrong?
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Jack_Johnson_the_acorn wrote: »
    It sounds to me like you're saying houses are affordable......

    :beer:

    GREAT NEWS


    Are you deaf?
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    wotsthat wrote: »
    Crashy needs a crash of > 100% to break even - what did he do wrong?


    Soon I will need a 125% crash, that would be ironic.
  • Jack_Johnson_the_acorn
    Jack_Johnson_the_acorn Posts: 1,333 Forumite
    Crashy_Time wrote: »
    Are you deaf?

    Are you actually mentally insane or do you believe the tosh that you type.

    P.S Deaf maybe, I didn't hear anything? :eek:
  • bdb303
    bdb303 Posts: 12 Forumite
    Actually, if prices went up by say 50% you would only need a 33.3% drop to get them back to their previous level...:beer:
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Jack_Johnson_the_acorn wrote: »
    Are you actually mentally insane or do you believe the tosh that you type.

    P.S Deaf maybe, I didn't hear anything? :eek:


    Ahhhh, didn`t you like my little banker story? Too realistic was it?
  • Jack_Johnson_the_acorn
    Jack_Johnson_the_acorn Posts: 1,333 Forumite
    Crashy_Time wrote: »
    Ahhhh, didn`t you like my little banker story? Too realistic was it?

    T'was a cracking story.

    Shame it had no basis in reality
    :rotfl:
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Jack_Johnson_the_acorn wrote: »
    T'was a cracking story.

    Shame it had no basis in reality
    :rotfl:


    What was the reality of the years leading up to the banking collapse in `08 in your opinion?
  • Rota
    Rota Posts: 167 Forumite
    Crashy_Time wrote: »
    Soon I will need a 125% crash, that would be ironic.

    How so? I'd be crying into my beer if I was that far behind the curve.
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