

Burbujista
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The big bond market crash
Burbujista replied to Wurzel Of Highbridge's topic in House prices and the economy
Problem is, when there are negative interest rates, if you are a corporation, they charge you to keep money in the bank, it’s not yielding 0% there. -
The big bond market crash
Burbujista replied to Wurzel Of Highbridge's topic in House prices and the economy
Huge difference... one can’t be printed, while the other one has a surging supply. -
Are We Being Psychologically Tortured?
Burbujista replied to The Spaniard's topic in House prices and the economy
Not true. The effort required today is 4 times greater than it was 20 years ago. Not fair. -
Are We Being Psychologically Tortured?
Burbujista replied to The Spaniard's topic in House prices and the economy
My answer: yes, we are being tortured. Not by COVID, but by the housing bubble (fits the definition of torture perfectly). People hate the lockdown just because it makes them lose money to help those who could die because of this virus. Selfish bastards. -
Nationwide Jun 2020 House Price Index
Burbujista replied to rantnrave's topic in House prices and the economy
They have managed to create a new section of quarterly averages (averaging last three months) to try to spin a manipulated idea of house prices still rising by 2%... If you average the last 3 months compared to the average of the same 3 months last year.... that’s just a cheeky way to dilute the drop that has occurred this month... -
Nationwide Jun 2020 House Price Index
Burbujista replied to rantnrave's topic in House prices and the economy
The annual house price change number has a negative sign in front! A little victory that can officially announce the start of a new trend. -
Natwest just removed all 5/10/15% deposits?
Burbujista replied to whynow's topic in House prices and the economy
That would mean higher interest rates... or a even more massive loss of credibility for the Bank of England. -
Norwegian house price crash
Burbujista replied to PeanutButter's topic in House prices and the economy
Time to start a website called: houselocationslide.no -
Will mortgage offers be withdrawn or reduced
Burbujista replied to notnow's topic in House prices and the economy
The forecasts are done a few days before the announcement. -
Will mortgage offers be withdrawn or reduced
Burbujista replied to notnow's topic in House prices and the economy
That doesn’t contradict what I said. -
Will mortgage offers be withdrawn or reduced
Burbujista replied to notnow's topic in House prices and the economy
So... you know more than the economist of the main banks... Clear case of hindsight bias -
Will mortgage offers be withdrawn or reduced
Burbujista replied to notnow's topic in House prices and the economy
People in April would have been just closing deals agreed in February or early March. If something it highlights how many people backtracked or tried to renegotiate before completion. -
Will mortgage offers be withdrawn or reduced
Burbujista replied to notnow's topic in House prices and the economy
It’s in many pages like forex factory.com -
Will mortgage offers be withdrawn or reduced
Burbujista replied to notnow's topic in House prices and the economy
Let me remind you that the consensus of economist was expecting 34,000 applications under the lockdown circumstances. A normal month is around 66,000.