Where did the bulls go?

Pobby

Seems to me over the last 6 months or so our favorite property bulls have been getting pretty scarce on this forum.Whilst I and all the other property bears argued that there would be a sharp down turn in house prices the bulls argued that it wasn`t a property bubble.

Why don`t you come back and tell us it`s only a blip and in 6 months the market will be roaring away again.Can`t be that you have changed your minds,surely?

PasturesNew

We made mincemeat out of them.
BarBQ this weekend. Bull burgers.

dannyboycey

Quite a few of these consisted of those who (now knowingly) bought at the peak, and stretched their finances. I suspect they are too busy trying to wash the brown stains out of their underpants to post here now.

Saying that, I have seen a number of people argue, recently, that the credit crunch would all be over soon and prices will rise within a few months.

Pobby

Where we gonna hold it?Sure gonna need a packet of Rennies.

Pobby

I don`t know about the credit crunch and how far reaching it is.I guess that goes for most, however price rises in few months.I don`t fink so!

WTF?_2

PasturesNew wrote: »

We made mincemeat out of them.

There's no need for hubris, now .... The phrase 'Shooting fish in a Barrel' comes to mind when arguing with someone bullish on housing.

Let's face it, there was nothing particularly clever about figuring out which way the market was going to go when it has long been signposted in huge fifty foot high neon letters for anyone with common sense enough to see.

The really surprising thing from all of this is the sheer number of people who quite clearly did not want to see. It's self-delusion on a massive scale and even now there are plenty who still want to deny the reality staring them in the face. Quite bizarre.

snoopy78

I did not think that a crash was on the way, what I did think was that house price growth was going to slow down rapidly, due to a cap on the amount it was possible to borrow on an avarage wage. Although the banks where starting to look at 35 plus year mortgages to potentially lend more and cream more profits from the market, and joe public would have lapped it up!

Pobby

Whilst posting this I have had a call on my cell phone from an investment company with land for sale in Florida and Brazil.Do they think I am nuts?

dopester

!!!!!!? wrote: »

The phrase 'Shooting fish in a Barrel' comes to mind when arguing with someone bullish on housing.

It was never a fair fight.

It was like pitting a rat against a big dragon.

sdooley

it`s only a blip and in 6 months the market will be roaring away again

happy?

PasturesNew

Just 6 months ago, it was dangerous in here if you suggested prices were going down. Huge fights.

The whole rolling up of all house price threads to keep everywhere tidy.

Now look...

Was anybody sad enough to keep specific links back to bold statements from people a few months back, that they could now post for us to see how adamant some were? Then we can mull over where they are now and the last date they posted.