Tuesday, Apr 22, 2008
What an *rze
findaproperty: The Only Way Is Up?
"Out of the 150 economists, estate agents and property experts predicting a gathering storm his was the lone voice decreeing brightness on the horizon."
...............need I say more???
Posted by bystander @ 08:46 PM (374 views) Add Comment
4 Comments
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1. jack c said...
Stuatz comedy club routine cant have it both ways - Little Prof made a posting from Citywire yesterday - www.citywire.co.uk/personal/-/news/money-property-and-tax/content.aspx?ID=301494
If he is so confident the only way is up why is he looking for fund manager backing for distressed residential property sales (I dont buy the we are in it for the long term argument)
2. i-cld-murder-a-blt said...
One thing for sure, he is a very very brave man!!!!
In it big time deep I bets!
Can you hear the reaper?
3. paul said...
I think all of the commentators who used to take his words seriously now feel a bit silly.
4. new user 2007 said...
Halifax Prices...
A drop of 4% between August 2007 and March 2008
A 1.3% drop in March year on year (the first year on year drop since January 1996)
A 2.5% drop in March month on month
Even if the market does nothing month on month from April to December 2008, there will be year on year falls.
Bystander...
Was this prediction made just recently? That panel reference is talking about something from a few months ago.
JC...
That fund refers to him buying up the repossessed at a discount, something that can haooen even if the market stabilises. The difference is that he thinks he has predicted the bottom and we know he hasn't a clue.