Perma prop bulls, are there any left?

westernpromise

Well, go on, then. Give us a few examples of the many people who used to assert that property only ever rises in price. Should be easy if there were that many, right?

chucknorris

Electrum wrote: »

So now some are saying there really are no perma prop bulls left?

Maybe Hammish is the only one left, but there used to be many. They have all thrown in the towel.

Ok! I'll buy into your mindset for a moment, and ask you a question. In a 3 way battle who do you think would win? The cybermen, the perma prop bulls or the daleks?

Out,_Vile_Jelly

westernpromise wrote: »

Well, go on, then. Give us a few examples of the many people who used to assert that property only ever rises in price. Should be easy if there were that many, right?

There was the groin-thrusting Mr Ree, but I think whoever created him got bored or had their medication reviewed.

padington

Electrum wrote: »

Lots of trying to change the subject here.

Are these all former perma prop bulls that have thrown in the towel, or just perma prop bull defenders who admit themselves that property cant be permanently in a bull market forever without any dips.

A long term bull market had dips, dips are a sign of a healthy long term bull market. The only question is ultimately over the long term, which way are we heading. As property is a long term investment and dips are so difficult to predict in advance, that's the only question to ask.

More people, no new land, tight planning laws, a nation obsessed with housing, attractive country for millionaires, good prospects with future technology companies, home of the world language, amazing history that draws tourists here endlessesly, capital of education and culture and maybe sport too. Leading finance centre. Most loved family in the world. Bet against that at your peril.

You always take a hit with property at the begining. You always start down, just the cost of buying creates an immediate loss, the question is only ever is about a ten year time frame minimum. Will in 2027 Britain be an attractive place to be and will land near jobs be even more sought after, I bet my bottom dollar, even with Brexit, it will be.

If you think we'll follow Japan and chose a low immigration future with Japanese stagnation, you're wrong, immigration is here to stay.

The-Joker

The-Joker wrote: »

:rotfl::rotfl:

:rotfl::rotfl:

Thats a good illustration but i can't see how there could be any permanent prop bulls left as that poor Japanese guy not admitting surrender:rotfl:

I don't think there are any perma prop bulls left,

They are all admitting property can't permanently be in a bill market, there are dips and anybody who says otherwise is weong

Jack_Johnson_the_acorn

The-Joker wrote: »

I don't think there are any perma prop bulls left,

They are all admitting property can't permanently be in a bill market, there are dips and anybody who says otherwise is weong

Digging up a 4month old thread to reply to and argue with yourself..... Are property prices driving you to this level of madness?:eek:

goodfella321

michaels wrote: »

Pot...kettle?

Lol, so says the King of the Sockies. :rotfl:

goodfella321

The-Joker wrote: »

I don't think there are any perma prop bulls left,

They are all admitting property can't permanently be in a bill market, there are dips and anybody who says otherwise is weong

You're right, property can't be permanently in a BILL market, it has to duck occasionally, and take a swan dive. :rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::T:T:T:T:T:T:T:T:T:T:T:T:T:T:j:j:j:j:j:j:j:money::money::money::money::money::money::money::money::money::money::money::cool:

Pobby

Just a few minutes ago radio 4 had a program about debt. Once again we are just about coming up to the level before the 2008 crash. A bit startled to hear that a rise of only half a percent could be the last straw for some people.

GreatApe

Pobby wrote: »

Just a few minutes ago radio 4 had a program about debt. Once again we are just about coming up to the level before the 2008 crash. A bit startled to hear that a rise of only half a percent could be the last straw for some people.

you could say that at any and every point in time, there are always people on the edge how can it be otherwise?

The good news is that although there are always people on the edge, this is a rich country with high wages and lots of wealth. Most people will do fine. Mortgage holders are mostly on repayment mortgages so the banks are safe.

Housing in this country really is no problem (that applies to most developed countries). Most the locals just inherit housing (or equivalent sums) build and paid off a generation+ ago

The people who have it hard in this country are the migrants, low wages and little to no inheritances to help them out. They are where we were as a country maybe 3 generations ago