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Mortgage Approvals


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#31 RichM

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Posted 15 March 2005 - 05:33 PM

I can't recall the guy's name, but this one chap predicted that when mortgage approvals collapsed, or when the amount of money being lent decreased, that was the sign of DOOM.

Apparently he predicted the last crash as well, I think.
Proverbs 19:14 - Houses and wealth are inherited from parents, but a prudent wife is from the LORD.

#32 zzg113

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Posted 15 March 2005 - 05:35 PM

I can't recall the guy's name, but this one chap predicted that when mortgage approvals collapsed, or when the amount of money being lent decreased, that was the sign of DOOM.

Apparently he predicted the last crash as well, I think.

<{POST_SNAPBACK}>



I think you're thinking of Professor Gordon Pepper:

http://www.telegraph.../17/prosy17.xml
Al Greenspan, who facilitated the birth of world-wide HPI with irrationally exuberant interest rates

mortgage

#33 RichM

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Posted 15 March 2005 - 05:52 PM

I think you're thinking of Professor Gordon Pepper:

http://www.telegraph.../17/prosy17.xml

<{POST_SNAPBACK}>


Well done zzg, as ever you've proved that you're the man to watch on hpc.co.uk...

Drop in turnover, drop in mortgage lending. Simple as that.
Proverbs 19:14 - Houses and wealth are inherited from parents, but a prudent wife is from the LORD.

#34 dogbox

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Posted 15 March 2005 - 05:54 PM

I can't recall the guy's name, but this one chap predicted that when mortgage approvals collapsed, or when the amount of money being lent decreased, that was the sign of DOOM.

Apparently he predicted the last crash as well, I think.


Love the avatar.

Mortgage approvals are way down, yet my close freind who is sales manager for a large E/A chain in London reports booming sales and viewings. I believe him because he was all bearish in the second halve of 2004 and often told me they were way under targets.

Lot of strange stuff going on out there.
And God said unto Luke 'come forth and thee shall have eternal life', but Luke came fifth and won a toaster.

'My children are Christian' is like saying 'my children are Conservatives' - at least have the common decency to let the little blighters make up thier own minds

#35 RichM

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Posted 15 March 2005 - 06:19 PM

Love the avatar.

Mortgage approvals are way down, yet my close freind who is sales manager for a large E/A chain in London reports booming sales and viewings. I believe him because he was all bearish in the second halve of 2004 and often told me they were way under targets.

Lot of strange stuff going on out there.

<{POST_SNAPBACK}>


Cheers brother bear <<< :D >>>
Proverbs 19:14 - Houses and wealth are inherited from parents, but a prudent wife is from the LORD.

#36 rainbow

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Posted 15 March 2005 - 06:57 PM

Dogbox has got more friends than a lottery winner :rolleyes:

#37 Freelance Mycophagist

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Posted 15 March 2005 - 09:48 PM

I think you're thinking of Professor Gordon Pepper:

http://www.telegraph.../17/prosy17.xml

<{POST_SNAPBACK}>



Professor Pepper, so misunderstood...

#38 MrB

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Posted 10 January 2009 - 02:06 PM

old school memories......
1. Get up
2. Have a piss
3. Go to work
4. Get back from work

5. Read HPC
6. Watch The Bill
7. Go to bed


Stages 1-4 will happen between 7am and 5.30pm. Stage 5 is happening now. Stage 6 & 7 could happen anytime soon. Protect yourselves: buy an overpriced house!




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