House prices: disaster ahead - today's Times

carolt

JonnyBravo wrote: »

Ah right....



Ah right.... you've changed your mind?


Oh and do you really think jamescredmond and myself were hitting on you in this, or any other, thread? :rotfl: Have you ever used the internet before joining MSE? :rotfl:

Come on carolt fess up... do you think james really needed "warning off" by bringing your husband into it?




Sorry... couldn't help myself.... it's one of my failings.....

No, I never imagined for one second that you or jamescredmond were 'hitting on me' to use your expression. The difference between your posts - and I don't quite understand how you managed to miss it - was that his was complementary, whereas yours was far from it. 'Joky' compliments are perfectly acceptable within MSE guidelines; 'joky' slurs and attacks are not.

If I ask you not to post on something because I find it offensive - whether or not you find it amusing - that should be enough.

If you persist in attacking me personally, I shall complain about your attempts to derail useful threads on the subject of the Board, namely house prices, by posting persistent 'jokes' at my expense.

One or two comments - fine, I'll ignore them.

But I have just checked (exceedingly dull, I must say, as your posts do not make for the most thrilling reading...) and out of 51 posts you have posted on the combined housing forums since the end of March, a full 15 of them are directed at me (I didn't count any normal posts, just replying to the thread under discussion, BTW). That is around a third of your total posts within just over 2 weeks!

To me that seems somewhat obsessive.

I am not suggesting you are a troll, BTW, as you seem capable of posting sensible posts on occasion. You just appear to have confused abuse with genuine humour.

If you are capable of posting on the subject under discussion, I along with others look forward to hearing your thoughts. A big if, admittedly....

mr.broderick

carolt wrote: »

No, I never imagined for one second that you or jamescredmond were 'hitting on me' to use your expression. The difference between your posts - and I don't quite understand how you managed to miss it - was that his was complementary, whereas yours was far from it. 'Joky' compliments are perfectly acceptable within MSE guidelines; 'joky' slurs and attacks are not.

If I ask you not to post on something because I find it offensive - whether or not you find it amusing - that should be enough.

If you persist in attacking me personally, I shall complain about your attempts to derail useful threads on the subject of the Board, namely house prices, by posting persistent 'jokes' at my expense.

One or two comments - fine, I'll ignore them.

But I have just checked (exceedingly dull, I must say, as your posts do not make for the most thrilling reading...) and out of 51 posts you have posted on the combined housing forums since the end of March, a full 15 of them are directed at me (I didn't count any normal posts, just replying to the thread under discussion, BTW). That is around a third of your total posts within just over 2 weeks!

To me that seems somewhat obsessive.

I am not suggesting you are a troll, BTW, as you seem capable of posting sensible posts on occasion. You just appear to have confused abuse with genuine humour.

If you are capable of posting on the subject under discussion, I along with others look forward to hearing your thoughts. A big if, admittedly....

Likes to give it...but can she take it..? Definitely not.....

JonnyBravo

mr.broderick wrote: »

Likes to give it...but can she take it..? Definitely not.....

Now, now mr.b.... it's just that poor ol' carolt seems to get a bit touchy every now and again. :rolleyes:



Now then carolt.... where do I start?

carolt wrote: »

No, I never imagined for one second that you or jamescredmond were 'hitting on me' to use your expression.

Right, so, you're sure no-ones hitting on you....

carolt wrote: »

I mentioned my husband as a 'humorous' way to point out that I would not be interested in anyone else. For some reason I seem to attract a number of obsessive men on here, of whom you appear to be one.

Are you sure you're sure?......

carolt wrote: »

'Joky' compliments are perfectly acceptable within MSE guidelines; 'joky' slurs and attacks are not.

Oh right....

carolt wrote: »

Is reading not your strong point? Or was my post too long and you couldn't quite make it to the end??

Hoisted by your own petard?
I know, I know.... don't tell me.... that was a "joky compliment".... phew.... lucky for you eh?

carolt wrote: »

and out of 51 posts you have posted on the combined housing forums since the end of March, a full 15 of them are directed at me

Nearly a third?.... oh my goodness.... conclusive I'd say....

carolt wrote: »

(I didn't count any normal posts, just replying to the thread under discussion, BTW).

Oh I see.... a fudge of the figures.... still that'll be ok.....

carolt wrote: »

To me that seems somewhat obsessive.

But going through all my posts and working out which proportion you're unhappy with isn't?
Or are you confusing my conscientious nature with obsession... or my OCD? :rolleyes:

carolt wrote: »

If you persist in attacking me personally, I shall complain about your attempts to derail useful threads on the subject of the Board, namely house prices, by posting persistent 'jokes' at my expense.

Hmmm.... I can see this is going to be somewhat hard to police..... firstly you've got to find somewhere I've "attacked" you.... then you've got to find a useful thread that's been derailed by me..... then, (and obviously hardest of all), you've got to find me using humour on said thread :rolleyes:

carolt wrote: »

You just appear to have confused abuse with genuine humour.

Are you sure it's not you who has confused abuse with postings that you disagree with?
Perhaps it's that I "got your goat" with my talk of your "bias" a few weeks back?
Either way carolt I feel you need to find some perspective for your life.

Pobby

OK guys,back onto the topic again.As some one pointed out,recessions are far from fun!I have lived through a few of them and the 90`s recession was for me scary.A mortgage pretty much doubling,a new busines to run.Stress!

Now like a mug,I remarked to my wife,having seen so many companies going bust during that period and so many families getting repossesed,that thank goodness,we have all learnt a lesson so house prices will only ever go up at the rate of wage inflation!!!!What a fool!!!!

By about 2001 I talked about how this hpi was getting out of hand,some agreed,some laughed at me(all of those were home owners).However I couldn`t understand why properties had rocketed from the mid 90`s,Where were all the new buyers emerging from,had they previously lived in a hole in the ground.But clearly,interest rates hovering around the 3 or 4 per cent mark seemed attractive(up to then,for the last 30 years or so,interest rates had been on average a little over 8%).So here we are in new territory.Low inflation,low interest rates.The boys with vested interest were getting excited.Year on year,prices were increasing.Some with a lot of equity decided that they were indeed getting very rich so why not release that equity.Lots of people were saying this is the way to go.Lots of gee gaws were being sold,have a Beemer,loverly holidays,ya can`t go wrong``property only goes up``,``the government won`t allow a crash``!

Now the boys with the money said ``let`s keep the party going,give`um some fixed rates,like 2.99% for a couple of years,that will bring `um in``.

By this time,I,and a few other bears(miserable old buggas that we are) are getting really worried.Where is going to end up?We saw massive deflation on cheap imported goods,no real wage increases but at the same time huge increases in taxes and property prices.However the funsters loved it.Get a few btls under ya belt,tiny deposists realised from your equity(those that hadn`t spent it all already.Yep,that`s another few properties sold.

Estate agents loved it,as did the developers and so many other interested parties.Just a the party was kind of chilling out in 2005,good old Gordie put the rate down again.Just like someone turning up at midnight with a case of vodka,here we go again,party on.

So much``greedy capitalism``.The lenders were falling over themselves.Lie to buy,no probs.Who in the world would lend 125% mortgages up to a few months ago?Well we know who,but us miserable old bears,what did we know?

We were the ones that years ago said that this whole thing would end as a disaster.Laughed at,me I couldn`t care less,to me and quite a lot of others,the whole thing was bound to happen.It all defied gravity.

As to the final consequence,well we will have to see,but as so much money has been dragged out of the economy because of the events of the last few years,it doesn`t seem that good.

As Mervyn King said``House prices are a matter of opinion,debt is debt``.

jamescredmond

carolt wrote: »

What, another one?!!! I think my husband might have something to say on that!

don't tell him.

besides, I'm the only 'one' for you. you know that. you always did, ever since you read my first post.

all this talk about HPC is just a ruse. you need me like I..........................AARRGGHH!!! NO NO! STOP MRS. MILADDO! IT'S ALL A JO...........ARRGGHH!!!

Harry_Powell

Interesting to see that even highly respected economists were way out with their predictions - 30% drops?

Pobby

Just read my post there. Very glad I said that we would just wait and see. How are you Harry?

Harry_Powell

Pobby wrote: »

Just read my post there. Very glad I said that we would just wait and see. How are you Harry?

Good thanks, Pobs. Revisiting these prediction threads are a great reference tool to see how things may go in the future. Certainly they show how difficult it is even for the experts to predict anything with any certainty.

I only read the first couple of posts before commenting, so I didn't see your post. I'll read the whole thread in a bit - GF is calling me to Dinner.

Pobby

I guess I only ever based the out come on what had happened in the past. QE is new to me and also earning very little off savings. I still wonder where it will all end.

Harry_Powell

Pobby wrote: »

I guess I only ever based the out come on what had happened in the past. QE is new to me and also earning very little off savings. I still wonder where it will all end.

Probably it'll all end for the best. We came through 2 world wars and the crashing down of our empire, and yet here we still are. Compared with those events, these are small fry.