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Everything posted by Bruce
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Interest Rates, Can Someone Explain For Me Again!?
Bruce replied to deano_54321's topic in House prices and the economy
There is no balance, that is the problem, it is like a see-saw, a market and goes up and down. But all the time the global rates are going up the pressures are the same on the £, sooner or later we have to follow suit. There was big relief yesterday from a certain poster when it was posted that US rates were not going above 5%, why, cos he knows the UK would have to follow suit, but if the US rate goes another notch, we will be under further pressure to follow, if not the pound tanks. -
Q. Looking For Two Bits Of Historical Hpi Data
Bruce replied to DoubleBubbleTrouble's topic in House prices and the economy
http://www.nationwide.co.uk/hpi/downloads/..._since_1952.xls -
Not the express, but same story- http://www.sky.com/skynews/article/0,,3040...3,00.html?f=rss
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Is Anyone Having A Problem With This Website
Bruce replied to Realistbear's topic in House prices and the economy
Yes -
Open an account here:- http://www.iii.co.uk/ Then when you have placed some dosh in it you will be able to trade quite easily for £10 a time. A highly respected site.
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So, Why Are Prices Still Rising ?
Bruce replied to IMupNorth's topic in House prices and the economy
In reply to Imupnorth: You can have rising prices in a falling market where low volume will play an elevated role, EG: say for instance this hyperthetical example is total sales in the uk per month 1) 4nr houses @ 100K 1nr house @ 200K = average price = 120K 2) 2nr houses @ 190K (-10K each) 3nr houses @ 90K (-10Keach) = Average price = 130K Therefore as you can see from this simple example is that the properties have declined 10K each but slightly more higher priced properties selling it seems like prices have gone up by an average of 10K. Now if we look at the scenario when we return to normal:- 4nr houses @ 90K 1nr house @ 190K = average price = 110K So we can see that the average price will drop not 10K but 20K when we return to normal levels of reporting. -
Yeah and give some chav EA's a good slap for me, thanks. Don't forget the pictures on your mobiles
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Anyone Care To E-mail This Bbc Journalist?
Bruce replied to Jimmy James's topic in House prices and the economy
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Anyone Care To E-mail This Bbc Journalist?
Bruce replied to Jimmy James's topic in House prices and the economy
So you live in the midlands then? http://news.bbc.co.uk/1/hi/england/west_midlands/3442093.stm -
Anyone Care To E-mail This Bbc Journalist?
Bruce replied to Jimmy James's topic in House prices and the economy
Hey I was just asking fat boy, no need to get uppity -
Wouldn't mobile home sites be more favourable?
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Why Are Global House Prices Rising?
Bruce replied to Dave Ja Vu's topic in House prices and the economy
I thought the Rand had strengthened from about 16/£ to 11/£ over a couple of years so how is it weak? -
Why Are Global House Prices Rising?
Bruce replied to Dave Ja Vu's topic in House prices and the economy
I think india has a bubble as well. http://sify.com/finance/fullstory.php?id=13875692 -
I think the standard new build cost for a typical house is about £600-700/m2 which would give you about 100m2 typical construction and much more robust. This is a scam and you could probably knock these out for about £40K tops, so a nice 20K profit for each unit. Who wants to import some log cabins for about 25-30K to compete with these?
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My foreign bank is setting up an anonomous exclusive account in 1 week for valued clients which will be hidden from the authorities for private transactions.
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Anyone Care To E-mail This Bbc Journalist?
Bruce replied to Jimmy James's topic in House prices and the economy
http://images.search.yahoo.com/search/imag....uk%2Fmonkey%2F -
Anyone Care To E-mail This Bbc Journalist?
Bruce replied to Jimmy James's topic in House prices and the economy
Why do you call yourself a monkey, you don't look like a monkey. -
First £60,000 home unveiled Brilliant news that we will soon have some affordable homes, we should be grateful to the government as they always sort it out, does anyone know where we can get on the list for these? http://www.myfinances.co.uk/property/housi...036;8709967.htm
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http://www.thisislondon.co.uk/money/articl...?source=Evening
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Wrong, I am not the founder of HPC it would be an insult to the webmaster.
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No you are the other one
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Very interesting article and graphs. http://www.ucbhomeloans.co.uk/pdfs/Media_Z...0(MAR%2005).pdf
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I don't think anybody on here needs to influence anyone, I can see the property market crashing anyway, it has no choice there is no alternative, I have been witnessing the momentum of this property crash for a while, it is looking bad.
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Been reading this forum for a while now, the poster The Monkey should have dealt with property guru I will do it for him That was easy.
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The fundamentals of this person point to desperation, adrenalin and fear of facing his own fear.