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Debate House Prices
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Are the property bears relieving themselves in the woods ?
Comments
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Unlike you, your post isn't obvious nor simple (but it is irrelevant so you have something in common with it). How's the cov-lite reading coming on....?
Not simple enough for you, that much is evident.
Again, top response :money:
One for the history books I reckon.
So you don't understand that a 50% drop in house prices would signal economic turmoil....... yet i'm the simple one.... Keep em coming.
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Jack_Johnson_the_acorn wrote: »Not simple enough for you, that much is evident.
Again, top response :money:
One for the history books I reckon.
So you don't understand that a 50% drop in house prices would signal economic turmoil....... yet i'm the simple one.... Keep em coming.
Political turmoil also for anyone that was responsible for making it happen. London might get shafted though if the mayor gets given property shafting powers.
Time for the meek to sell .... and probably the wise to hold or buy because any popular shenanigans will get out manoeuvred quicker than Hallande got shafted over the river.
Buy and hold.Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.0 -
mayonnaise wrote: »Yep, I remember the last 'crash'. Or correction, or whatever you choose to call it.
It was 2008, it went hand in hand with a massive spike in unemployment, high street chains closing down on a weekly basis, big drop in GDP...etc...
I didn't see the priced-out masses flock into the market either to snap up all those properties that lost a good chunk of equity.[/QUOTE]
That`s right, so the government and central banks stepped in to make up the difference, and that is why the next crash will be a big un. They can`t exactly cut interest rates next time around, can they?0 -
Crashy_Time wrote: »mayonnaise wrote: »Yep, I remember the last 'crash'. Or correction, or whatever you choose to call it.
It was 2008, it went hand in hand with a massive spike in unemployment, high street chains closing down on a weekly basis, big drop in GDP...etc...
I didn't see the priced-out masses flock into the market either to snap up all those properties that lost a good chunk of equity.[/QUOTE]
That`s right, so the government and central banks stepped in to make up the difference, and that is why the next crash will be a big un. They can`t exactly cut interest rates next time around, can they?
yes the can!!
the ECB just did!0 -
How do you not understand the difference between "were" and "where"....? :rotfl:
Anyway, the point I was leading up to before being rudely interupted was that 10 years ago (or whenever), the collateral available (encumbered and unencumbered) for secured lending (still with me?) was around 50% of that available now and the securitisation machine was in full flow.
Now, I really can't be bothered to explain the rest as frankly, sharing my knowledge with the likes of you, Jack, offends me (and far more than your perception of my "stupidity" offends you, I can assure). Anyway, let's just say that the return of cov-lite loans in the CLO market has alarm bells ringing in lots of quarters and does not bode well. However, being the super smart genius you clearly are, I am sure you can figure out the relationship and interplay between the various securitisation sectors (in particular the CLO and RMBS markets etc etc).
Acorn knows all, you can`t teach him, he is a big smart man down in the valley, he really know what side his mortgage is buttered on.0 -
Bubble_and_Squeak wrote: »0
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Crashy_Time wrote: »Bubble_and_Squeak wrote: »
By 4.5%? I don`t think so.
what about H2B part 3?
where the whole loan is interest free0 -
Bubble_and_Squeak wrote: »Crashy_Time wrote: »
what about H2B part 3?
where the whole loan is interest free
Or HTB part 4, where they give you a free house, free money to spend on decorating, plus housing benefit/dole money/AND food bank stamps for life, free, for life?
This time next year Rodders, this time next year.........0 -
Sign of madness that.Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.0
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