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Everything posted by Tapori
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There is absolutley no HPC in london.
Tapori replied to no_dependent4663's topic in House prices and the economy
Already seen Zone 3 drops of 5 to 10 percent for 800-950k houses. It's coming -
Global crash: how far will house prices fall in the UK?
Tapori replied to muyuubyou's topic in House prices and the economy
ufffff -
Global crash: how far will house prices fall in the UK?
Tapori replied to muyuubyou's topic in House prices and the economy
Mark Alexander. The man, the myth the property entrepreneur. An alleged tribute to him from a possible anon on here when the Tax-Relief was being announced to be removed... Butcher, dancer and property man -
Traders Are Starting to Put Big Money on the Fed Going to 6%
Tapori replied to fellow's topic in House prices and the economy
Pleas do so and ask Terry to start a thread about these stories please. -
Traders Are Starting to Put Big Money on the Fed Going to 6%
Tapori replied to fellow's topic in House prices and the economy
As your tagline suggests did you enjoy them whilst you could? Also given your apocalyptic interest rate predictions, what should we do with our money? -
Ah yes, I wonder how we averted Black Wednesday
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Powell: rates might have to go higher than currently expected
Tapori replied to cdd's topic in House prices and the economy
Well said. Also: https://i.imgur.com/aAq0Ho5.mp4 -
Let’s just all admit it was a mistake not to buy…
Tapori replied to Pmax2020's topic in House prices and the economy
Definitely down to circumstance and what is best. Just factor in rises and asset drops and be prepared is all that should be said. -
Anyone with any tacit interest in law and justice should throughly watch/listen to this. It's possibly one of the biggest exposures of the decrepit nature of power and authority in law and institutions in modern times. Listen to academics in Law, key auditors and forensic accountants hired by the Post Office detailing what an absolute travesty the whole proceedings and justice charade was. TLDR: It took people with intellect, bravery, wisdom to question what should have been obvious. Much respect to the Judge who had a science background. TLDR 2: Correct me please but: This entire case came down to literally "Computer says No." and no-one in the entire judicial system with authority challenging this concept. All those accused kept asking for error logs in the software etc. The initial judges kept siding with the Post Office's private prosecution (A unique power given to the PO by their Royal status at the time to bring private cases in the Royal Courts) on the basis that ERROR LOGS could not be released for any number of reasons including corporate confidentiality but worse still "irrelevance," to the case of why so many Post Masters being charged had massive discrepancies in their accounts. It took an Appeal Court judge WITH an Engineering background, to cite the literally obvious relevance and instruction to release the Error logs. The prosecution kept citing that the software and computer systems were infallible and that this basis was enough to convict. One of the, sadly "Northern" CEOs, showed no remorse and was given a big golden goodbye and now works for... A London NHS Trust. The system is rotten
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HPC doesnt seem to be the win we think it is.
Tapori replied to no_dependent4663's topic in House prices and the economy
I think someone did a hilarious graph of BoE predictions vs reality. It wasn't even in the same ball park. The issue is that with supply chain issues not easing and a the British economy being run by seemingly raging sociopathic shysters, hopes of 1% BoE rates at this moment in time to be reached by 2024 seems very optimistic. -
Let’s just all admit it was a mistake not to buy…
Tapori replied to Pmax2020's topic in House prices and the economy
Definitely should have bought that 1 bedder for 350k in London -
He wrote an informative pamphlet called "Goodbye to All That Buy To Let" about the changes to buy to let mortgage interest tax relief and was well researched and prescient in many ways. Shame him and Venger aren't around as it looks to be heading in the direction they said it would with Landlords actively realiising they don't have enough skin in the game plus the number of IO loans due for expiration/renewal on many lenders books.. He also enlightened me at least on the game that was setup through Mortage Equity Withdrawal stacking up for landlords especially if they MEWd a fair few times and the extent CGT that awaited them when they sold up. Faisal Islam's book The Default Line is quite informative of the events leading up to this sorry mess and lost him as he said, many a friend as he rightly predicted the insanity and logical end of unrestricted/severely skewed lending in the UK economy at least but even he was shocked by just how regressive and substantial the defence of asset prices would be politically by the politicians and their advisors in encouraging continued increases in HPI through a lack of macro controls.
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FT Alphaville: How quantitative tightening *really* works
Tapori replied to Will!'s topic in House prices and the economy
interesting -
Amazing news: Mortgage approvals CRASH
Tapori replied to henry the king's topic in House prices and the economy
People are poor in many parts of the UK. -
Examples of big & multiple drops
Tapori replied to user not found's topic in House prices and the economy
Very true. Oh my oh my -
Is Liz Truss plotting a comeback?
Tapori replied to rollover's topic in House prices and the economy
It's probably one of the few places I get to read completely different economic and political discussion from different perspectives. The accelerationists would be happy; which makes her performance even more hilarious. Literally did the opposite of what she intended and opened the door to the long overdue correction of asset prices for homes. -
Is Liz Truss plotting a comeback?
Tapori replied to rollover's topic in House prices and the economy
Ah, I see the cult showed her pictures of her in compromising situations possibly -
Where's Bland Unsight Taught us alot man. He would be so happy right now
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Who was the poster who made this classic? Where is Marc ALexander when we need him for a property seminar?