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Debate House Prices
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..but you're strangely drawn to this little backwater aren't you and I think you're starting to like us.
It still makes me chortle though that you try and make fun of this site because there are only a dozen internet warriors and HPC get all of 86. We could have a DHPE board and HPC meetup and we'd all fit on a double decker bus!
It`s views that count, many more people are taking on board the info at HPC than are soaking up the desperation on here. Of course the main MSE forums get many more views than HPC, but the bearish tone is creeping in there as well and I would say that the likes of (main) MSE and Mumsnet are going to be interesting indicators as the debt snowball unwinds.0 -
Crashy_Time wrote: »I`m talking about people viewing the site, not members, but when was the last time 86 members had a rational discussion on here....:rotfl:
A fair question, but perhaps the more pertinent one to ask is when was the last time anyone had a rational discussion on HPC ?0 -
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Crashy_Time wrote: »The whole site is based on a rational discussion - "Is property over-priced?"......."Yes".0
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TheeMaskedTurnip wrote: »Remember the definition of madness is doing the same thing over and over again yet expecting a different result. It's time you moved on to the next stage in your life. I don't think anyone here will hold a bad word against you for all your hate filled posts over the years if you finally moved on. This advice is for your own good fella.
No, no, no please... THIS TIME, IS GONNA BE DIFFERENT!0 -
The thing the hpc crowd seem to miss is that for all the analysis , theory, charts, indicators, fundamentals etc (about which they may be right) is that humans don't behave as they should. Price and value are nit necassarily connected.
My niece is into that Pandora bracelet thing. In terms of value the trinkets are made of standard metal and ok workmanship. A few pence in materials and a few pounds in labour. There is a massive queue to even get in the shop and the things sell for many 100s of times their 'value'
If the fundamental s drop out of the market noone will sell - they will either not sell for 'less than they think it's worth' or more likely won't be able to finance a move. There will be a few distressed sales of course but not enough to move the market.
In order for there to be low prices there must be transactions and without sellers there can't be buyers.
Add in the factors of constrained supply and ever growing demand and it just exacerbates the situation where prices cannot drop.
Likewise the government will likely step in and do something or it will be a apocolypse type situation and all bets will be off.
I can see certain areas having drops eg Aberdeen but that will be a result of micro effects of large local employers going bump. In that scenario price drops due to over supply and lack of demand..... but why would anyone want to live in a broken town? Those properties are already available in the Welsh valleys or inner city liverpool - no need to wait for the crashLeft is never right but I always am.0 -
I think you take the forums to seriously, most posters on here are just here for amusement and don't expect to change anything, whilst you seem to think that this forum and HPC have the ability to change things.
Can`t remember ever saying that this forum or HPC would change anything? IMO the change (global market crash and HPC) is coming whatever either site says about it, HPC just happens to be right. Some of the posters that are on here intensively every day are driven by more than pure "amusement" though.0 -
Crashy_Time wrote: »Can`t remember ever saying that this forum or HPC would change anything? IMO the change (global market crash and HPC) is coming whatever either site says about it, HPC just happens to be right. Some of the posters that are on here intensively every day are driven by more than pure "amusement" though.0
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Crashy_Time wrote: »That is twice you have mentioned something that I didn`t say, do you have some sort of disorder, autism or suchlike?0
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