Tuesday, Mar 17, 2009
Quick, QUICK, QUICK.. PLEASE BUY A HOUSE....Now is the best time, prices are going up again
MSN: Home prices rising at top of market
Yawn, yawn - do people actualy believe this drivle?
I must admit that I am bored with the market and want something dramatic.. like a sudden drop in prices or another bank to go bust. Oe indeed Gordon the moron to do something else incredibly stupid (which is not hard for him)
Posted by waitingfor hpc @ 08:47 AM (868 views) Add Comment
10 Comments
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1. happy mondays said...
House prices are on the rise, without a doubt! even though the economy is collapsing, unemployment on the up, people worried about there pensions and the future... It's obvious house prices can only go up, so buy now whilst there are still bargains to be had, you crazy fools!
2. fjcruiser said...
and when prices are collapsing people are picking up small houses rather than big ones.Yep yep makes sense. Total garbage talk.
3. vindicated said...
Careful what you wish for waitingforhpc! Particularly where the moron is concerned!
4. str 2007 said...
Yes waiting for HPC
Gordon is probably reading today to judge the effect of 3x mortgage restriction. So don't upset him !
5. Adrian said...
"Top end, executive properties enjoyed the biggest lift, with the price for which they change hands soaring by 11.1% during February to average £591,111."
At this rate, next month it will be worth around £650k :o If you buy 4, thats £200k profit a month. £2.4million profit a year.
Of course it could be just a few properties sold, these properties may have been valued at £800k last year for all we know.
6. will said...
We are all waiting to sell to that Banker from London who will buy my house over all the other 5 million houses for sale. My house is deffinately worth it, so I will put up the price as we are going into the Spring - but why isn't anyone buying it?
7. waitingfor hpc said...
I am just reading the book Gordon is a moron- which is great, anybody else read it?
8. crunchy said...
5. will
Because it has a black door not a royal blue?
You did not put a mirrow in the hall?
Mustard bathroom suite perhaps?
Or is it because of the boarded up house's next to you with FOR SALE auction signs defining the borders?
9. Pathelo said...
Pure EA fantasy.
10. Jayk said...
Highlighting and applauding every report which says what you want to hear.
Ridiculing and dismissing every report which says what you don't want to hear.
Applying different burdens of proof or evidence for each.
Isn't it this sort of downright stupid approach to this business that got us into this mess in the first place?!
Can't you accept that no line on an economics chart - either up or down - is ever perfectly straight? During the boom years when the HPI line was reaching ever higher, there were months when it jinked down too. Trying looking for some red and green months during the boom years in this data; it's not hard:
http://www.housepricecrash.co.uk/indices-halifax-national.php
So get a grip and stop mocking everything that doesn't precisely agree with what *you* think is happening. (And yes, I am a VI. Given that I have been waiting and saving for eight years to buy my own home, I have a vested interest in a crash. But I also have a grip on reality.)