Perma prop bulls, are there any left?

The-Joker

Here is Hamlisch and all his sock puppets these days?

Where are all those who were shouting green shoots of recovery for years and years.

Are there really any genuine perma prob bulls left? Or have they all come to accept that property can't defy gravity forever?

Do not underestimate the power of the dark side......

Jack_Johnson_the_acorn

The-Joker wrote: »

Here is Hamlisch and all his sock puppets these days?

Where are all those who were shouting green shoots of recovery for years and years.

Are there really any genuine perma prob bulls left? Or have they all come to accept that property can't defy gravity forever?

Do not underestimate the power of the dark side......

Its a bit early to be drinking....

ukcarper

What is a Permanent Prop Bull, from what I can make out from HPC posters on here it's anyone who doesn't think prices are about to Crash is that right

Conrad

Good ole Britain will thrive. I can see 1 bed flats (£200k+) in outer London easily doubling in value in 10 years, and in the meantime the tenant pays off your low fixed rate mortgage, whats not to like!!


UK property remains an extremely safe and profitable investment in a world of uncertainty and distrust. Money will flood in as China and the US look ever less appetising now. Clinton promises higher corporation taxes and regulations - in an already high tax landscape, hastening industrial decline and offshoring.


Can you imagine the Banksters wanting to relocate to the EU and facing higher taxes (corporate), more intrusive regulation, a very rocky economic landscape and further referenda to come, lol. Traders rely on decades of personal face to face networking - in windy Frankfurt they would be talking to the lampposts.


Stick to good ole British property, the best investment on the planet.

System

Unless you believe that the population is going to crash from epidemic or war, or that all planning restrictions anywhere are going to be abolished, then over the next hundred years property is going to retain its short supply in relation to demand.

MobileSaver

The-Joker wrote: »

Where are all those who were shouting green shoots of recovery for years and years.

It's a bit rich for you of all people to be taking a pop at others. Remember this gem?

The-Joker wrote: »

It may well be on the news again in the future, but it will never ever be knocked down. Mr Fidler has won.

My prediction today is this question will still be being asked in years to come, and it will still indeed be there!

Farmer who built castle without permission begins demolition



Regarding the green shoots of recovery, were you not aware that average house prices have increased by 8%, 7% and 5% over the last three years?

Your predictions will go down in history alongside brit1234's "50% off by Christmas" and Crashy Time's "House prices will crash in 2014!" :rotfl:

Conrad

MobileSaver wrote: »

Your predictions will go down in history alongside brit1234's "50% off by Christmas" and Crashy Time's "House prices will crash in 2014!" :rotfl:

All over Youtube the dollar once again is said to be certain to crash and burn today!


Permabears get off on spreading doom

System

Yep. Those "bulls" look really silly on the back of 6 years of hpi

AG47

ukcarper wrote: »

What is a Permanent Prop Bull, from what I can make out from HPC posters on here it's anyone who doesn't think prices are about to Crash is that right

You get perma everything Bulls, it's somebody who keeps pumping a certain investment or thing. If somebody is permanently thinking property is going to be in a bull market forever they are a perma prop bull.

There are two camps those who think property will never have a correction, the perma prob bulls on here, and those who think property will have a correction the more level headed normal people.:)

ukcarper

AG47 wrote: »

You get perma everything Bulls, it's somebody who keeps pumping a certain investment or thing. If somebody is permanently thinking property is going to be in a bull market forever they are a perma prop bull.

There are two camps those who think property will never have a correction, the perma prob bulls on here, and those who think property will have a correction the more level headed normal people.:)

Hardly anybody thinks that even hamish most of us realise that property prices go up and down I've been around long enough to see it for myself. But you and others use the term to describe anybody who does not agree with you. I would suggest that people who take the prices of the mid to late 90s as normal and expect that to be the norm are far from level headed.

Conrad

AG47 wrote: »

There are two camps those who think property will never have a correction, the perma prob bulls on here, and those who think property will have a correction the more level headed normal people.:)

People aren't daft and know full well there have been several corrections in recent memory, however, they look at the long term trend as opposed to being fixated on a temporary bit of bad weather.


Ironically when a crash comes it's the bulls that take advantage - seen this several times now. Some of us on here around 2010+ were suggesting it was a good time to buy and yet the uber bears as ever said we years to go before the trough. It's their nature not to get stuck in and go for it


I argued long and hard prior to the last correction that UK property only falls when a significant and sudden jolt occurs. Sure enough the Banking crisis provided one.