Debate House Prices


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Dominic Frisby calling 2016 UK HPI 5 %

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Comments

  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker


    Err - if you look back to 2007 weren't they the "most correct" out of most forecasters?

    While they didn't predict the actual reason for the crash, the crash happened.


    Their bearish prediction was wrong year on year.
    Then after 2008 they were predicting the end of Britain, saying we'd be bumping along the bottom until 2025.


    They also urged people not to get back into property at the very time it was the best thing to do.
  • caronoel
    caronoel Posts: 908 Forumite
    I've been Money Tipped!
    Conrad wrote: »


    Err - if you look back to 2007 weren't they the "most correct" out of most forecasters?

    While they didn't predict the actual reason for the crash, the crash happened.


    Their bearish prediction was wrong year on year.
    Then after 2008 they were predicting the end of Britain, saying we'd be bumping along the bottom until 2025.


    They also urged people not to get back into property at the very time it was the best thing to do.

    Thank crikey we dont hear from that thoroughly awful man that founded HPC, Jonathan Davis, either.

    I do miss his ranting and shouting down anyone who disagreed with his "wisdom"
  • padington
    padington Posts: 3,121 Forumite
    Change of tact, instead of predicting falls or slight rises, he's now using satire to explain how the whole system is rigged and prices will keep rising ...

    http://youtu.be/g-RPNtXX5Ss

    That approach I approve of. The system is rigged, everyone needs to know about it and act occordingly.

    It's so rigged the government couldn't afford to un-rig it if it wanted to.

    Hopefully the crashists are finally becoming rig-ists and we might actually be getting somewhere.
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
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