Bullish Bear

The BBC are "gearing up for an agressive pay campaign in 2007" http://www.bectu.org.uk/news/bbc/nb0295.html

Apologies if I alarmed anyone - I am not going to harm myself. I am very upset about house price inflation and about getting it wrong. I never expected to be in this situation at the end of 2006. My belief in a house price correction was strong and it is in only in the past three months that I feel that I called it wrong. I never expected IRs to stay so low nor did I expect that lax lending would keep the bubble inflated. The problem is that I cannot see how this bubble will ever burst now. My advice to new bears is to forget about the crash - buy what you can afford and get on with your life. if the crash happens, then at least you can make your repayments and if it doesn't then you are on the ladder, so keep smiling.

i am truly miserable today because i made some bad decisions yesterday

All the old school hardcore HPC chatters have gone. I am back to say that i was wrong - there has been no crash and i was wrong I didnt buy and I was wrong. i am priced out more cos i was wrong. death awaits me but is not close enough cos i was wrong now me and my baby have nothing to look forward to cos i was wrong. suicide may be the best way

http://www.ctv.ca/servlet/ArticleNews/stor...60321?hub=World Police opened an investigation Tuesday into allegations that Prime Minister Tony Blair sold seats in the House of Lords in exchange for secret loans to his governing Labour party, another twist in a political furor that has prompted calls for Blair to leave his job.

or use their contact page to send them a message http://www.foxtons.co.uk/help/contact.html

The thread is still there: http://community.channel4.com/groupee/foru...owpollresults/Y

and another http://community.channel4.com/groupee/foru...owpollresults/Y

Sadly, I think that this is the position that the UK market was in last year. We had our stare down but sellers did not neded to sell at lower prices and so sat it out. I think that many US mortgages are long term fixed rate. Higher IRs may not bite immediately. Its a different story here - higher IRs will put pressure on already stretched budgets and could be the "*****" we need to pop this bubble.

http://news.ft.com/cms/s/b343303a-9eb0-11d...00779e2340.html The Yale professor correctly predicted the last stock market crash five years ago in his book, Irrational Exuberance. Now he is predicting a property meltdown

TTRTR - its been a long time since we have locked horns..... Deflation is the problem, not inflation. I said it a while back and I still believe it today. As consumers appetite to spend wanes, the retailers are beginning to feel the pinch. It is only a matter of time before wage deflation kicks in, and with it, a drop in asset values. http://news.ft.com/cms/s/38ca8b9e-9cd7-11d...00779e2340.html

I admit that I regularly check a number of property websites every day to see what is happening in my local area. I notice that the number of properties available on the www.findaproperty.com website is rising steadily each day by about 1000 or more. Hardly scientific, but it looks like the spring bounce is actually just a flood of properties to market and few sales.

I am sorry to hear this. Try leaving a message on the Singing Pig - maybe an investor will come in to buy the property.

Oops. I was so excited by the news, that I forgot to check if anyone else had posted it!

http://news.bbc.co.uk/1/hi/business/4481818.stm A bit late for that now....