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Randall Herbert

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Posts posted by Randall Herbert

  1. You are right to say it is mere postponement - and the paper does discuss that fact. Will politicians ever actually openly address the issue, or is it a can of worms they daren't open?

    Nobody gives a flying fck for any consequences outside their own lifespan. Its all about vote winning and recieving as many 'Tessa's' in brown paper envelopes as possible.

    Hence the planet is fcked.....

  2. QoQ YoY

    2003 Q2 £90,768

    2003 Q3 £102,177 12.6%

    2003 Q4 £103,394 1.2%

    2004 Q1 £106,932 3.4%

    2004 Q2 £108,238 1.2% 19.2%

    2004 Q3 £118,141 9.1% 15.6%

    2004 Q4 £118,123 0.0% 14.2%

    2005 Q1 £115,283 -2.4% 7.8%

    2005 Q2 £117,626 2.0% 8.7%

    2005 Q3 £126,538 7.6% 7.1%

    2005 Q4 £125,934 -0.5% 6.6%

    2006 Q1 £124,481 -1.2% 8.0%

    Average Q1 -0.4%

    Average Q2 1.6%

    Average Q3 9.8%

    Average Q4 0.7%

    If one assumes trends continue the how about this analysis.

    2003 0 negative quarters

    2004 0 negative quarters

    2005 2 negative quarters

    2006 4 negative quarters

    2007 a few new BTL suicides

    2008 more and more BTL suicides

    Thats a much better analysis

  3. Yes exactly a pyramid or 'Ponzi' scheme and it can't possibly work, just delay the inevitable until later, by which time a civil war is guaranteed. And fck the environment and fck the animal kingdom and fck the planet too.

    We should all be familiar with this typical NU LAbour crap as that is how the housing market has been artificially sustained.

    Not sustainable government AT ALL, only about maintaining votes at ALL costs.

    GET THESE NU LABOUR IDIOTS OUT!!

  4. Prices falling in Aberdeen is absolutely NOT what I am finding on the ground.

    Every flat I am looking at is going for around 25% over the O/O price.

    I mentioned these stats to my solicitor and he cannot undertand where they are coming from as this is not what he is experiencing either.

    Alba, sell your BTL portfolio before its too late hen...

    Prices are falling, did you expect them to keep going up?

  5. Very well thought out. Anyway laugh like a mad man. Here are the ROS QOQ numbers and Annual HPI and the average per quarter. As you can see Q1 have an average of -0.4% where as Q3 (Spring bounce) has an average of 9.8% (Yep 9.8% for the quarter). Therefore, it doesn't take a genius to work out that 3Q06 will be strongly +'ve and 2Q06 will probably be mildluy +'ve.

    						QoQ	YoY2003	Q2	£90,768		2003	Q3	£102,177	12.6%	2003	Q4	£103,394	1.2%	2004	Q1	£106,932	3.4%	2004	Q2	£108,238	1.2%	19.2%2004	Q3	£118,141	9.1%	15.6%2004	Q4	£118,123	0.0%	14.2%2005	Q1	£115,283	-2.4%	7.8%2005	Q2	£117,626	2.0%	8.7%2005	Q3	£126,538	7.6%	7.1%2005	Q4	£125,934	-0.5%	6.6%2006	Q1	£124,481	-1.2%	8.0%Average	Q1	-0.4%	Average	Q2	1.6%	Average	Q3	9.8%	Average	Q4	0.7%	

    Total utter Crap! You are trying to suggest that all future years behave as per the previous years for your dodgy average calculation???

    Face it.... PRICES ARE FALLING!!

    Quarter 3 will be very much like a precious year..... Try 1989!!!

  6. This is on sales, and its for approvals in the winter months. Therefore you would expect a fall, it will pick pnext month, and 3Q which has the majority of the Scottish "spring boom" will show a large increase.

    WAAAAAA HAAAA HAAA HAAAAA HAAAAAA HAAA!!!!! :lol:

    WAAAAAA HAAAA HAAA HAAAAA HAAAAAA HAAA!!!!! :lol:

    WAAAAAA HAAAA HAAA HAAAAA HAAAAAA HAAA!!!!! :lol:

    WAAAAAA HAAAA HAAA HAAAAA HAAAAAA HAAA!!!!! :lol:

    WAAAAAA HAAAA HAAA HAAAAA HAAAAAA HAAA!!!!! :lol:

    WAAAAAA HAAAA HAAA HAAAAA HAAAAAA HAAA!!!!! :lol:

  7. Aberdeen not quite the BTL boom town it was made out to be, lots must be bailing out by now, it is awash with rental properties after all.

    As we suspected houseprices are coming off the rails across Scotland, this very quiet BBC report paints a very different perspective from the VI messengers.

    Falls of up to 10% amost everywhere making their way into the stats.

    Where is that Troll who insisted that Aberdeen and Scotland was still booming???

    http://news.bbc.co.uk/1/shared/spl/hi/in_d...ml/region12.stm

    Of course its all different this time. :lol:

  8. http://www.rockymountainnews.com/drmn/real...75068%2C00.html

    Homes piling up

    Foreclosures help bury metro area in unsold inventory

    STORY TOOLS

    Email this story | Print By John Rebchook, Rocky Mountain News

    May 5, 2006

    The number of unsold homes on the Denver-area market hit a record 29,045 in April, according to reports released Thursday.

    Rising foreclosures were the driving force for the skyrocketing inventory, which is 19.2 percent higher than a year ago, experts said.

    April typically sees more homes on the market as sellers try to unload properties during the summer school break, and the foreclosures - more than 4,700 in the metro area in the first three months of this year - added to the number.

    "There's a glut of unsold homes on the market," said Doug Pierce, owner of Pierce Realty Co., a Metro Broker company. And that is extending the length of time to sell homes, he added.

    "Foreclosures definitely are having an impact," said Steve McGuire, an agent with RE/MAX Professionals, who released an analysis of the data compiled by Metrolist. Independent broker Gary Bauer also released a report on the data.

    McGuire said the sale of low- priced homes has slowed because first-time buyers are worried about everything from their jobs to rising gas prices.

    Home foreclosures this year are on pace to hit the second-highest level ever, although they are less a factor than at their peak in the late 1980s because the overall housing market has grown so much.

    Pierce said that the Denver-area market increasingly has become a two-tiered one composed of the haves and have-nots.

    He noted two homes in Cherry Hills Village recently came on the market in the high $900,000s, and within a week they were both under contract for full-price cash offers, with others standing in line to buy them.

    "Flying in the face of that activity, I have a listing in south Aurora," Pierce said. "The house is in good shape and has been updated. It was on the market in the $180,000s last summer and it didn't sell. We now have it at $164,900. We have not even had a showing in 10 days."

    The lesson from those two scenarios is simple, he said: "The super-rich do not have any problems. The little guys are worried about their jobs and seem to be suffering."

    Ed Jalowsky, principal of Classic Advantage Realty, said 50 percent of the homes priced less than $300,000 in his office are either in foreclosure or facing foreclosure.

    Competition from foreclosures will drive down prices in the lower- end market, ultimately causing more homes to end up in foreclosure, he said.

    "It is a real shame," Jalowsky said. "It's a battlefield out there for homes under $200,000. I just hope the blood flow will slow."

    The number of unsold homes is about 4.5 percent higher than the previous record of 27,798 set in June 2004.

    "This is the standard time of the year when people start putting their homes on the market, so they can move into a new home by the time the kids go back to school," Bauer said.

    Bauer said he expects the number of unsold homes to continue to rise for the rest of the summer.

    Despite the glut of unsold homes, the average price of a single-family home rose to $318,949 in April, compared with $313,339 in March and $303,152 a year earlier.

    And the median, or middle, price was $250,000, up from $247,500 in March and $241,687 last year.

    Prices are up because of the mix of homes being sold and because the Metrolist data overstates the sale prices to an unknown extent. That's because it doesn't adjust the sale prices for seller incentives, such as down payment assistance, according to real estate agents.

    Bauer said he expects overall appreciation of about 5 percent this year and sees no chance of a housing bubble.

    For one thing, Denver didn't see the huge housing price gains that other previously hot markets such as Las Vegas, Scottsdale, Ariz., Florida and the East and West coasts saw, so there's no bubble to burst, he said.

    Also, the Denver-area economy is more diversified now than it was in the late '80s, so the collapse of one industry wouldn't crush the economy, he said.

    rebchookj@RockyMountainNews.com or 303-892-5207

  9. Why single her out for attention?

    Face it, all of them are hopelessly incompetent for any position in Government.

    Thats what happens when you nurture a mass vote by dodgy council scheme benefit fraudsters and incapability benefit cheats.

    Not to mention the shoplifters, burglars, armed robbers, muggers and miscelaneous twats who also must delight in voting for them.

    NU LAbour are not exactly bristling with 'O' levels..

  10. I couldn't agree more.

    And they complain about not being able to pay their large council tax bills with their meagre pensions... so they want council tax to be abolished for all pensioners. I don't think so! The simple answer - downsize and pay less!!!

    :)

    Yep! lets also campaign for compulsory euthanasia at 65, that'll fix the old buggers up and sort out the pension mess in one!

  11. none of the bnp types did well at school...

    Come on open your eyes, your average NU LAbour activist/Parliamentarian/Voters are not exactly bristling with O levels. A large proportion of them are either feckless, talentless lazy civil servant types or Council scheme professional benefits fraudsters at best. Hardly the builders of nations.

    Shower of idiots who have no business being in charge of the Titanic.

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