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B B C Radio Wales, Wales@work Nick Servini, from 6.30pm Tues 6th May Rate Topic: -----

#16 User is offline   stew 

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Posted 06 May 2008 - 05:16 PM

Bump! On in 15...
Video: Merryn Somerset Webb, MoneyWeek editor, on UK house prices (Oct 2007)

"First they ignore you, then they ridicule you, then they fight you, then you win."
-- Mahatma Gandhi

#17 User is offline   Killer Bunny 

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Posted 06 May 2008 - 05:33 PM

http://www.bbc.co.uk/radio/aod/mainframe.s...aod/wales.shtml

On now Wales at Work 6.31
In 1931 they did not know yet that they were in The Great Depression

Cap'n, you cannae change the laws of... Economics!

"If they raise rates we're toast. If they don't its BECAUSE we're toast" Jonathan Davis Sky News March 2011

#18 User is offline   moonriver 

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Posted 06 May 2008 - 05:37 PM

Me and OH listening right now.

#19 User is offline   moonriver 

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Posted 06 May 2008 - 05:48 PM

oh there , what a surprise...
the agent saying it is a good time to buy ! :rolleyes:

Good one FP saying quite plainly that it is not a good time to get into property.

#20 User is offline   shindigger 

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Posted 06 May 2008 - 05:51 PM

View Postmoonriver, on May 6 2008, 06:48 PM, said:

oh there , what a surprise...
the agent saying it is a good time to buy ! :rolleyes:

Good one FP saying quite plainly that it is not a good time to get into property.



ramp ramp ramp
pitiful.

FP Squawking truth pellets everywhere.
Love it.

#21 User is offline   Killer Bunny 

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Posted 06 May 2008 - 05:51 PM

They've admitted that prices have fallen 10-20%!!!!!!!!!!!!!!!!

See S Whiteley's post on Page 2 4.04pm 7th for MP3 recording

This post has been edited by Financial Planner: 07 May 2008 - 03:49 PM

In 1931 they did not know yet that they were in The Great Depression

Cap'n, you cannae change the laws of... Economics!

"If they raise rates we're toast. If they don't its BECAUSE we're toast" Jonathan Davis Sky News March 2011

#22 User is offline   stew 

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Posted 06 May 2008 - 06:02 PM

View PostFinancial Planner, on May 6 2008, 06:51 PM, said:

They've admitted that prices have fallen 10-20%!!!!!!!!!!!!!!!!


Nice one JD !

Nearly spat out my coffee when they agreed the 10-20% falls of sale prices!
Video: Merryn Somerset Webb, MoneyWeek editor, on UK house prices (Oct 2007)

"First they ignore you, then they ridicule you, then they fight you, then you win."
-- Mahatma Gandhi

#23 User is offline   Laura 

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Posted 06 May 2008 - 06:03 PM

Some ramping VIs will burn in hell...........

but well done FP, one hopes some listeners will accept your wisdom
..................................
Ubi bene ibi patria


“…it is difficult enough to convince some people that the economy is in fact not providing the security they desire, but is actually destroying their future completely. To explain to them that this is deliberate, that the economy is designed to self-destruct, that is another prospect altogether…

Ambrose Evans-Pritchard 25/7/2010

#24 User is offline   moonriver 

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Posted 06 May 2008 - 06:03 PM

A great show there for the HPC'er.

You did us proud FP.
You were so informative, the arguments against the HPC were practically non existant.

And I can't believe there was an acceptacne of the 10 -20 % price drops already. :o

#25 User is offline   shindigger 

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Posted 06 May 2008 - 06:04 PM

Good work FP.
They really dont want to hear do they?

Maybe they'll go to the next auction, but not to buy.
Just to confirm their fears.

#26 User is offline   moonriver 

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Posted 06 May 2008 - 06:11 PM

View Postshindigger, on May 6 2008, 07:04 PM, said:

Good work FP.
They really dont want to hear do they?

Maybe they'll go to the next auction, but not to buy.
Just to confirm their fears.


true, they certainly didn't want to hear.

One of my fave bits was when FC told them that the house prices had not gone up in 20 years in Japan.
Because as all VI's know "property only ever goes up". :rolleyes:

#27 User is offline   Laura 

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Posted 06 May 2008 - 06:25 PM

View Postmoonriver, on May 6 2008, 07:11 PM, said:

Because as all VI's know "property only ever goes up". :rolleyes:


It will be going up in smoke this time, & that will be one hell of a learning curve for some.

You wonder if their inner being will survive the shock!
..................................
Ubi bene ibi patria


“…it is difficult enough to convince some people that the economy is in fact not providing the security they desire, but is actually destroying their future completely. To explain to them that this is deliberate, that the economy is designed to self-destruct, that is another prospect altogether…

Ambrose Evans-Pritchard 25/7/2010

#28 User is offline   swhiteley 

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Posted 07 May 2008 - 03:04 PM

If you missed it, here's the download: MP3 (27 min 10 sec, 12.4MB)

#29 User is offline   The Masked Tulip 

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Posted 07 May 2008 - 05:20 PM

Good stuff FP. Was afraid you were going to have a heart attack when buying BTLs now was mentioned.
The success or failure of your deeds does not add up to the sum of your life. Your spirit cannot be weighed. Judge yourself by the intention of your actions and by the strength you faced the challenges that have stood in your way.

The people closest to you have been trying to tell you that you have made a difference. That you did change things for the better. The Universe is vast and we are so small. There is really only one thing that we can ever truly control - whether we are good or evil.


The political triumph of the American Right has been to advance relentlessly the economic interests of the country's richest people, while emphasising a swath of moral, social and foreign policy issues that motivate and certainly distract middle-class and poor voters.

#30 User is offline   Venger 

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Posted 10 May 2008 - 02:41 AM

View Postswhiteley, on May 7 2008, 04:04 PM, said:

If you missed it, here's the download: MP3 (27 min 10 sec, 12.4MB)


Thanks.

That guy was funny with his positive outlook for UK property when he backed it up with a `famous' Donald Trump quote: "the best opportunity to buy in 30 years". I'm glad FP seized upon that... as well as convincingly countering all the other guests explanations of blaming media, medium to long term investment making it great time to buy for "investment", 7 to 10 year cycle theories.

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