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House Price Crash Forum

Clever People Rent

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About Clever People Rent

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    HPC Newbie
  1. It very sad reading this thread to see bears (who are often quite intelligent) in denial that the house price crash is not occurring. I have always been bearish 2003 - 2005 now I need to accept based on the available evidence I called the market wrong. Gently rising house prices is NOT a sign of a HPC. We have now had ODPM, 2 times Halifax figures, rightmove and nationwide surveys all showing an upturn in the market. Approvals for new mortgages are at June 2004 levels. Its clearly a trend of stability staganation / slow growth. I always knew deep down when Land Reg figures Q2 2005 were s
  2. It very sad reading this thread to see bears (who are often quite intelligent) in denial that the house price crash is not occurring. I have always been bearish 2003 - 2005 now I need to accept based on the available evidence I called the market wrong. Gently rising house prices is NOT a sign of a HPC. We have now had ODPM, 2 times Halifax figures, rightmove and nationwide surveys all showing an upturn in the market. Approvals for new mortgages are at June 2004 levels. Its clearly a trend of stability staganation / slow growth. I always knew deep down when Land Reg figures Q2 2005 were s
  3. Good post. ok all the surveys are showing prices up and mortgage approvals are up to June 2004 levels. So what its just VI spin !!! ok even if prices are rising so what. If the HPC takes another 5 or 10 years or even 15 years we can wait for it. The defeatist attitude shown in the face of the nationwide report is not good. I mean if we dep down don't really believe there will be a HPC how can we expect Joe Public too !!!!! ?????
  4. Yeah I remember the last recession in the early 90's under the conservatives. The Tories shafted everyone hard, interest rates 15%, repossessions 10 times current levels, unemployment double current levels. people forget how bad it was. I think Gordon Brown is an idiot even though the economy has grown continously under Labour for 8 years. But if Brown is a donkey what does that make the Tories who buggered it up 10 times worse than Labour ????
  5. Good one !!! Beeny fantastic babs and the other one if she was my landlady I'd give her payment in kind if you know what I mean !!!! Ok lets say she owns 7 properties or sells up and makes half a million. So what she was jammy and just got lucky. It no big deal any of us could have done that but we are not that stupid.
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