Prices will fall by 50% in four years

sabretoothtigger

F&C invested in FB pre-ipo ? Wow, they must have a section for 1% radical stuff


FB make a profit. What was the question again :laugh:

Thrugelmir

sabretoothtigger wrote: »

F&C invested in FB pre-ipo ? Wow, they must have a section for 1% radical stuff

Held the shares for over 30 years now. Increase in dividend every year. :

Business_News

A supply and demand imbalance helped London’s housing market outperform the rest of the country during May, a study has shown.

Prices in the capital went up by 0.6 per cent in London during this month, according to Hometrack, contributing a substantial amount to the 0.2 per cent increase seen across the country as a whole.

Demand has risen ahead of supply in London over the last three months, bucking the national trend which has held prices back, the survey said.

The high demand for properties in London will no doubt have contributed to the capital’s fast-moving property market, which sees the average home sell in just 5.1 weeks, compared to the national average of 9.3 weeks.

The price of central London properties has been driven up in recent months due to the eurozone crisis. Wealthy individuals on the continent have seen the capital’s properties as a safe haven for their money.

But it was the largely domestic markets of south west (1.1 per cent), south east (0.7 per cent) and north London (0.5 per cent) which experienced the greatest price rises in May. Central London property prices went up by 0.1 per cent.

londonlovesbusiness.com

nollag2006

Good to see the price rises are now starting to ripple out from mainly the prime London market to other areas

Benski256

Fantastic to see a prediction go so wrong from a few years ago. But who would have predicted house prices could possibly have remained so buoyant? Just goes to show how nobody really knows anything, and almost any prediction holds at least some merit. The same prediction could be made today and wouldn't be totally implausible if a big enough trigger started a collapse (nuclear terrorism in London, disintegration of the euro, etc).

heathcote123

Benski256 wrote: »

But who would have predicted house prices could possibly have remained so buoyant? .

Well lots of people actually. A number of them on this very thread.

nollag2006

heathcote123 wrote: »

Well lots of people actually. A number of them on this very thread.

Quite a few others on this thread also recommended piling your life savings into gold over the past year or two.

Ouch ! That's got to hurt!


:rotfl::rotfl:

heathcote123

nollag2006 wrote: »

Quite a few others on this thread also recommended piling your life savings into gold over the past year or two.

Ouch ! That's got to hurt!


:rotfl::rotfl:

Yes, that would be pretty painful, especially if it was a house deposit. You'd set yourself back decades...

Talk about risk management eh?

homelessskilledworker

Some of the posters on this thread are quite pathetic!!

I will make the same point today as I did yesterday to a poster who lost the argument and had the thread pulled, and that is...

EVERYONE THAT IS POSTING ON THIS BOARD IS WORRIED OR AT LEAST THINKS(and is not worried) SOME FORM OF CRASH IS VERY POSSIBLE.

Why would anyone want to post on a board to make the single point that nothing is going to happen and that the best thing they ever did was borrow a kings ransom for their home, well just get on with life then!!
There are sites out there where people are worried that little Aliens hovering in the clouds and sending beams down to pinch peoples brainwaves, and the only way you can stop this is to wear tinfoil around your head.
I find no need at all to post on their site 24/7 telling them what a load of rubbish they are talking.

What some posters are trying to do now is use this thread as a comfort blanket, they are quoting ONE bearish poster, ONE opinion, and using it in a way like it is the general opinion of every bearish thought in the UK.

Just remember that in the last property crash of the 80/90's that on the worst year and worst month on the worst day someone(some people) would have purchased property and been quite bullish about it.

I have read quite a few posters on this board, and as much I would like to concede that at least one or two are genuine bulls just in order to fake a little balance, I do not think there is one genuine bull on this board. They might be posting bull arguments that are at times quite sound in principal, but not one of them is without a bit of insecurity of what could well happen in the property market.

Most of the posters on here are quite aware of the power of sentiment, the bulls more than anyone else. What I now understand is that most bulls that post are fuming with anyone and anything that talks of a possible property crash. Some somehow think that if they can belittle the O/P they can shut us all up (-:

chucknorris

homelessskilledworker wrote: »

I will make the same point today as I did yesterday to a poster who lost the argument and had the thread pulled, and that is...

EVERYONE THAT IS POSTING ON THIS BOARD IS WORRIED OR AT LEAST THINKS(and is not worried) SOME FORM OF CRASH IS VERY POSSIBLE.

You said the more or less the same thing to me yesterday but just ignored my response to you:

https://forums.moneysavingexpert.com/discussion/4028607