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House Price Crash Forum

zoid

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About zoid

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  1. I'm looking for the best trading software that I can use to track share prices, both for shares I already have and for stocks that I what to keep an eye on. Obviously would like to get the most up-to-date data possible and would prefer the software to be free or at least very cheap, can anyone give a good recommendation? Many thanks in advance.
  2. Dow between September 1929 to July 1932
  3. I agree although this is the real catch 22 situation, if banks were to start lending at sensible levels then house prices must fall, simply because people can only pay as much for a property as the amount of deposit they have and the amount the banks are willing to lend. This is what we have been starting to see, the VI spin say people can’t get mortgages but we know this to be nonsense, they just can’t get mortgages to buy currently over inflated prices, come up with enough deposit to reduce the LTV ratio or just ask to borrow less and the banks will lend. What should happen is for prices to be allowed to fall back quickly to fundamentally sound levels, this will require a severe but short recession to clear out the system but predictable the Government don’t what this to happen. The Government must now have increasingly more influence over the banks and will try to persuade them into lending again, they want to try and price fix, they are again expanding the money supply by borrowing and reducing the interest rates, will this just be enough to stop the financial collapse or will it be enough to re-inflate the bubble, it is yet to be seen if this can or will work? Personally I just can’t see it working without having serious inflationary consequences leading to worst situation then we are currently in already!
  4. First of all apologies if this is posted in the wrong forum, therefore please move it if appropriate However this is a question that's been bugging me for a while now, what with all the financial turmoil that has recently erupted and the supporting roles that the Central banks have had making huge sums of money available e.g. BOE’s Special Liquidity Scheme, the FED bailouts of Fannie and Freddie & AIG, and now the announcement today that Global central banks are pumping billions of dollars of extra funds into money markets BBC New Link here. Just where is all this money actually coming from, is it reserves that the banks hold, money that has been borrowed, or is it the creation of 'new' money?
  5. First of all apologies if this is posted in the wrong forum, therefore please move it if appropriate However this is a question that's been bugging me for a while now, what with all the financial turmoil that has recently erupted and the supporting roles that the Central banks have had making huge sums of money available e.g. BOE’s Special Liquidity Scheme, the FED bailouts of Fannie and Freddie & AIG, and now the announcement today that Global central banks are pumping billions of dollars of extra funds into money markets BBC New Link here. Just where is all this money actually coming from, is it reserves that the banks hold, money that has been borrowed, or is it the creation of 'new' money?
  6. First of apologies if this is posted in the wrong forum, therefore please move it if appropriate However this is a quest that's been bugging me for a while now, what with all the financial turmoil that has recently erupted and the supporting roles that the Central banks have had making huge sums of money available e.g. BOE’s Special Liquidity Scheme, the FED bailouts of Fannie and Freddie & AIG, and now the announcement today that Global central banks are pumping billions of dollars of extra funds into money markets BBC New Link here. Just where is all this money actually coming from, is it reserves that the banks hold, money that has been borrowed, or is it the creation of 'new' money?
  7. http://www.youtube.com/watch?v=2t8YTvdYXws
  8. The BBC go further by running the headline Link Which is even more bizarre considering we are currently at an historically low for numbers of first time buyers...
  9. hmm, sounds like good advice but I may need to think about it first, nah what the hell may as well go and buy a property instead...
  10. I'm in the same boat here, have a sizeable (to me at least) deposit with ING, so is Cahoot the best alternative?
  11. I certainly don’t believe the figures are rigged, however I’m sure the figures can be ‘presented’ in such a way to further there own ends. Anyone with any common sense will realise the reports will be biased in favour of there own agendas, which really isn’t surprising, after all they are only doing their job of protecting their investments. However I think posters need to be careful when responding to unfavourable housing reports, other than simply saying they are rigged, otherwise there is a danger that the site will lose creditability.
  12. Whether good or bad, in any market there will always be opportunities to be had, if you are a property speculator (and know what you are doing), I've absolutely no doubt there is still money to be made. However I'm an IT specialist, and have little interest in investing in property, other than being able to buy a home I'd be happy to live in at a sensible price. Which incidentally common sense tells me that now is not the time, for me it's simple. Also you have to remember that having a place to live is fundamentally linked to quality of life, after all everyone needs somewhere to call home, it's hardly surprising that some people may react adversely to others having made a stack of cash...
  13. Hi, I've already got about £35k in a FTSE Allshare Tracker fund, investments were staggered, ranging from when the FTSE was around 3500, up to 4800. Not too worried about the recents drops, as I've already seen some healthy gains. However I'm looking to invest an additional 10k to 20k over the next 6months to a year, will be starting we a 4k lump sum to use up my ISA allowance this tax year, when would be the best time?. This fund will be used later on down the line when hopefully house prices have bottomed out, I'm guessing up to 5 years...
  14. Agree, although I can empathise with peoples personal circumstances, this however makes a complete mockery of everything that the monkey has posted in the past….
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