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Debate House Prices


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Where did the bulls go?

124678

Comments

  • ianmr65
    ianmr65 Posts: 596 Forumite
    jamescredmond wrote: »
    and now Boomsville is deserted, save for the whistling winds and tumbleweed.

    Sounds like a country and western ballad, Johhny cash might sing... you'll be going on about the dustbowl, and the grapes of wrath next..:rotfl:
  • dannyboycey
    dannyboycey Posts: 1,060 Forumite
    Pobby wrote: »
    Panic set in and the whole sorry business ground to an halt.

    Goodness knows where we'd be if the whole Northern Rock fiasco hadn't happened.... 200% mortgages? Free cyanide pills for FTB'ers? B&Q offering mortgages on sheds?
  • Tozer
    Tozer Posts: 3,518 Forumite
    PayDay wrote: »
    Who said anything about purchasing as the right time? I was talking about purchasing at the wrong time e.g. a falling market like we have now.

    Sorry, I thought you referred to someone paying 25% less than current value. That seems to making a prediction.
  • Zammo
    Zammo Posts: 724 Forumite
    snarffie wrote: »
    If you sit there for five years calling a crash, it is INEVITABLE that you will eventually be right. People who have called it this time were just calling it at the right stage of inevitable.

    2002 - This year house prices will crash

    2003 - This year house prices will crash

    2004 - This year house prices will crash

    2005 - This year house prices will crash

    2006 - This year house prices will crash

    2007 - This year house prices will crash

    2008 - I was right :beer:
  • Tozer
    Tozer Posts: 3,518 Forumite
    Zammo wrote: »
    2002 - This year house prices will crash

    2003 - This year house prices will crash

    2004 - This year house prices will crash

    2005 - This year house prices will crash

    2006 - This year house prices will crash

    2007 - This year house prices will crash

    2008 - I was right :beer:
    Assuming they crash! HBOS predicting "mid-single digit fall". Thats not a crash.
  • Zammo
    Zammo Posts: 724 Forumite
    Tozer wrote: »
    Assuming they crash! HBOS predicting "mid-single digit fall". Thats not a crash.

    Seeing as prices have already fallen 10% since the peak, a prediction of mid single figures is already way off. The market is crashing.
  • owitemisermusa
    owitemisermusa Posts: 954 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Zammo wrote: »
    Seeing as prices have already fallen 10% since the peak, a prediction of mid single figures is already way off. The market is crashing.

    You would hope......

    We've all got an agenda mate. Que sera sera.
    Tough times never last longer than tough people.
  • Tozer
    Tozer Posts: 3,518 Forumite
    Zammo wrote: »
    Seeing as prices have already fallen 10% since the peak, a prediction of mid single figures is already way off. The market is crashing.

    Don't panic Captain Mannering!

    With respect, I would suggest that HBOS being the leading mortgage lender is a little better placed to give an indication as to what prices are doing than you....
  • abaxas
    abaxas Posts: 4,141 Forumite
    Tozer wrote: »
    With respect, I would suggest that HBOS being the leading mortgage lender is a little better placed to give an indication as to what prices are doing than you....

    It is their duty to attempt to protect their marketplace. Take whatever they say with a pinch of salt.
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    Tozer wrote: »
    Don't panic Captain Mannering!

    With respect, I would suggest that HBOS being the leading mortgage lender is a little better placed to give an indication as to what prices are doing than you....

    With the greatest of respect, their track record is looking a little murky at the moment!
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
This discussion has been closed.
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