Oil could crash to $10 a barrel, warn investment bank bears

Crashy_Time

padington wrote: »

The area is really hot at the moment, I wouldn't wait for something on right move, lots of stuff doesn't even get shown online, lots get sold direct to estate agents preffered buyers. You need to develop a good relationship with the estate agents.

If you can get yourself a nice 2 bed house for half a million close to the underground and overground however, you will be glad you did further down the line.

Looking at the shack in the link you can just tell that the bust is going to be SPECTACULAR. Totally beyond parody now.......:rotfl:

padington

Crashy_Time wrote: »

Looking at the shack in the link you can just tell that the bust is going to be SPECTACULAR. Totally beyond parody now.......:rotfl:

http://www.ibtimes.co.uk/london-house-prices-capitals-crazy-property-market-explained-1538615

PS If we do have another recession soon, which I don't imagine we will, don't forget that in London between 2008 - 2013 Prices went UP 6%.

That's the reason why London is considered a safe haven, a good place to invest when everywhere else is looking risky.

padington

Crashy_Time wrote: »

Looking at the shack in the link you can just tell that the bust is going to be SPECTACULAR. Totally beyond parody now.......:rotfl:

I made the call that places like that would be worth a mint way back in 2012 and over that period of time you and the HPC gang wrongly laughed your smiley heads off.

.... And I'm still calling those N22 properties a bargain ...

Any house within cycling distances of the centre of the known universe under a million right now is a bargain.

Crashy_Time

padington wrote: »

http://www.ibtimes.co.uk/london-house-prices-capitals-crazy-property-market-explained-1538615

PS If we do have another recession soon, which I don't imagine we will, don't forget that in London between 2008 - 2013 Prices went UP 6%.

That's the reason why London is considered a safe haven, a good place to invest when everywhere else is looking risky.

http://www.dailymail.co.uk/news/article-3406224/China-s-economic-growth-slowest-25-YEARS-fuelling-fears-verge-global-financial-meltdown.html


We are in a totally different phase of the crash now, QE is not enough, and they can`t cut rates any more.

Crashy_Time

padington wrote: »

I made the call that places like that would be worth a mint way back in 2012 and over that period of time you and the HPC gang wrongly laughed your smiley heads off.

.... And I'm still calling those N22 properties a bargain ...

Any house within cycling distances of the centre of the known universe under a million right now is a bargain.

You really undermine yourself when you post this sad nonsense.

padington

Crashy_Time wrote: »

http://www.dailymail.co.uk/news/article-3406224/China-s-economic-growth-slowest-25-YEARS-fuelling-fears-verge-global-financial-meltdown.html


We are in a totally different phase of the crash now, QE is not enough, and they can`t cut rates any more.

What's changed apart from more QE or more low interest rates are required? Both of which create more asset price inflation.

Crashy_Time

padington wrote: »

The only thing that's changed apart from more QE or more low interest rates are required? Both of which create more asset price inflation.

Won`t work with China deflating, China was growing last time they tried it.

mwpt

Crashy_Time wrote: »

Won`t work with China deflating, China was growing last time they tried it.

You quite literally are going by faith, rating than any reasoning, aren't you?

Crashy_Time

mwpt wrote: »

You quite literally are going by faith, rating than any reasoning, aren't you?

Faith in what?

padington

Crashy_Time wrote: »

http://www.dailymail.co.uk/news/article-3406224/China-s-economic-growth-slowest-25-YEARS-fuelling-fears-verge-global-financial-meltdown.html


We are in a totally different phase of the crash now, QE is not enough, and they can`t cut rates any more.

They already have in Sweden.