Debate House Prices


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House Price Crash Discussion Thread

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Comments

  • dolce_vita
    dolce_vita Posts: 1,031 Forumite
    DreamBreaker wrote: »
    1-0 then to me, when is it your turn to post a sensible one :)




    <<<<<<<<<<<< check out my thanks count.
    dolce vita's stock reply templates

    #1. The people that run these "sell your house and rent back" companies are generally lying thieves and are best avoided

    #2. This time next year house prices in general will be lower than they are now

    #3. Cheap houses are a good thing not a bad thing
  • DreamBreaker
    DreamBreaker Posts: 108 Forumite
    dolce_vita wrote: »
    <<<<<<<<<<<< check out my thanks count.

    Ohhhhhhhhhhh yeah IC, you re-registered with multiple accounts and then began thanking yourself, silly me, my apologies :)
  • nelly_2
    nelly_2 Posts: 17,863 Forumite
    10,000 Posts Combo Breaker
    dolce_vita wrote: »
    <<<<<<<<<<<< check out my thanks count.

    amature :)

    check mine:D
  • mr.broderick
    mr.broderick Posts: 3,778 Forumite
    1,000 Posts Combo Breaker
    nelly wrote: »
    amature :)

    check mine:D

    One more for luck
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    nelly wrote: »
    amature :)

    check mine:D

    Thanks tart.;)
  • cafenervosa_2
    cafenervosa_2 Posts: 1,023 Forumite
    This is a very good video for understanding real estate bubbles, I know it applies to the American market this guy makes a lot of sense because it was made in 2005 and he saw the signs that the bubble was about to burst. Now 2 years later what he predicted in the lecture has happened in 2007.

    I should also note that from the past evidence of the 1989 crash in the usa, it followed in the UK as well. So going from past evidence the UK is going to follow suit and crash like the USA is now.

    Here is the video, just make sure you watch part 2 and 3 too!

    http://www.youtube.com/watch?v=uyOWuczlJCA&feature=related
  • tr3mor
    tr3mor Posts: 2,325 Forumite
    nelly wrote: »
    Your welcome, b1tch :)

    Get a room! :rolleyes:
  • WTF?_2
    WTF?_2 Posts: 4,592 Forumite
    cafenervosa wrote: »
    This is a very good video for understanding real estate bubbles, I know it applies to the American market this guy makes a lot of sense because it was made in 2005 and he saw the signs that the bubble was about to burst. Now 2 years later what he predicted in the lecture has happened in 2007.

    I should also note that from the past evidence of the 1989 crash in the usa, it followed in the UK as well. So going from past evidence the UK is going to follow suit and crash like the USA is now.

    Here is the video, just make sure you watch part 2 and 3 too!

    http://www.youtube.com/watch?v=uyOWuczlJCA&feature=related

    Those with some time should check out this video too:

    http://youtube.com/watch?v=4XhvG_fD0HA

    It's from a respected economist called Paul Krugman who writes for the NYT, giving a talk at Google itself. He really spells out what is/has been happening in the markets. It's US-centric but relevant to the rest of the world too.

    70 mins long, but well worth viewing. Anyone who still thinks things are just going to blow over in the world of finance after viewing this deserves to be sectioned IMO. He's clearly doing his very best not to be alarmist but his genuine alarm at the state of the financial system shows through.
    --
    Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.
  • dolce_vita
    dolce_vita Posts: 1,031 Forumite
    Should you believe the property doom stories?

    DOOMWATCH.
    dolce vita's stock reply templates

    #1. The people that run these "sell your house and rent back" companies are generally lying thieves and are best avoided

    #2. This time next year house prices in general will be lower than they are now

    #3. Cheap houses are a good thing not a bad thing
  • WTF?_2
    WTF?_2 Posts: 4,592 Forumite
    dolce_vita wrote: »
    Should you believe the property doom stories?

    DOOMWATCH.


    (fingers in ears)
    la la la la la la la la la la la

    I can't hear you :D
    --
    Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.
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