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House Price Crash Forum


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Everything posted by Deckard

  1. I wonder how Ambrose Evans-Pritchard (one of the most quoted nutters on this forum) will respond to that
  2. And you as a taxpayer are happy to take on board this additional onus, after bailing out the banks ?
  3. Agreed: that's the risk with this approach. However, I suspect Brown is ready to use the "it all started in the USA" angle again to introduce similar measures in the UK if he deems it necessary.
  4. This is big news: http://www.bloomberg.com/apps/news?pid=206...&refer=home Brown was already hell bent on introducing similar measures in the UK, surely this paves the way for him to give the order to the (part)nationalized banks? :angry:
  5. Gawd, not another Ambrose Evans-Pritchard rant? That guy is like a stuck record, has been banging the same drum for the last 5 years. ZZZZZZZZZZZZZZZZZZ BORING !!!
  6. Well done! "My word id my bond". You don't hear stories like this very often these days.
  7. Remind me not to shake hands if we ever meet...
  8. The bigger house you want to upgrade to is also losing value fast - i.e. getting cheaper for you as a prospective buyer
  9. Sure, it's going to be tough for savers with IRs going down - but what are you going to do, keep the money in a safe at your place? Don't you think that poses a serious security risk for yourself and your family?
  10. Accounting firms and rating agencies are SCUM. Everyone on this forum is blaming primarily the govts/banks/regulators triad for the mess we are in, but accounting firms and rating agencies are just as guilty.
  11. Let's keep bumping this thread up: see if the mods dump it somewhere else just to put the OP out of his misery
  12. Yep, it's ironic and you are taking it on the chin, well done. But "a thread which doesn't quite come off" is the understatement of the century dude...
  13. London West End Office Rents Fall for First Time Since 2003 http://www.bloomberg.com/apps/news?pid=206...4A&refer=uk No big surprise here, considering the impact of the credit crunch on the Hedge Fund industry. Investment in central London offices has now slumped by two-thirds to 5.1 billion pounds in the first three quarters of the year from 15.2 billion pounds. The residential market is next.
  14. True, the original price of 695K equates to 10K per sqm, which would havee been ridiculously high even in July 2007 for the lesser area of Notting Hill (W2 vs W11). Now priced at 7k per sqm, it has to go down to 4.5 per sqm to raise interest IMO.
  15. More worrying news: U.S. Consumer Confidence Drops to Record Low http://www.bloomberg.com/apps/news?pid=206...&refer=home Those who say that the US of A will be first in, first out of this crisis are misguided IMO - and the $ is waaaay overvalued
  16. I think you'll find that was always the case... ever wandered what "stepping out for a coffee" means on trading floors? Nice to see the hedge fund community completely hammered on VW though
  17. I wouldn't call this property porn, if anything it encourages the sheeple to stay put. How things have changed, Krusty must be horrified!
  18. Interesting... Bloomberg says 16.6%, see my previous thread http://www.bloomberg.com/apps/news?pid=206...&refer=home
  19. http://www.bloomberg.com/apps/news?pid=206...&refer=home Note that this 16.6% fall y/y was in August, i.e. before the proverbial hit the fan in financial markets. The bottom is still a long way away for US house prices by the looks of it...
  20. God, the London School of Economics truly is rubbish, and bound to go bust soon
  21. Also, the Priory of Sion own a large BTL portfolio in the South West and Opus Dei are big backers of Taylor Wimpey
  22. Please stop posting threads about Injin!!! Couple of days ago someone declared their undying love for him/her on a thread which was then thankfully moved. This is HPC, who gives a t*ss about Injin?
  23. This is a good explanation of the problems they are facing: http://www.bloomberg.com/apps/news?pid=206...&refer=home
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