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Debate House Prices
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HPC thread of the week
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Aberdeenangarse wrote: »
Lunatics! :eek:0 -
Aberdeenangarse wrote: »
I've just read that thread, OMG there's going to be another crash! :rotfl:Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
It's surprising how powerful confirmation bias can be I even find if I read that website for any period of time my outlook temporarily turns negative. I only regain sanity when I remind myself that House Prices tend to only go down in recessions and then only marginally (15% rather than 50%). And that the fundamentals of supply not meeting demand should drive prices higher.
I think currently the HPC hero/hope is the tax changes to interest but that is due to be phased in over the next 5 years which is a lot of ammo to keep the faith and convince others too for years to come
Whatever happens good luck to them all0 -
Personally, my money is still on a 50% drop by Christmas 20090
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The thing that gets me is the graph on the home page clearly suggests what's going to happen. If history repeats itself we are clearly looking at a continued and probably much increased housing boom over the next five to ten years.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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is this the graph that suggests that house prices are about 10% below their long term trend value?0
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This one?....................:
is this the graph that suggests that house prices are about 10% below their long term trend value?Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
The desperation (and projection) is strong on this thread. A forum with about a dozen regular HPI mentalists calling one with hundreds of regular posters "on it`s last legs" is beyond laughable.0
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