Leonard Hatred

Well, I guess it's possible to try and talk up the market, but not possible to talk money into people's pockets. And seeing as houses cost money, the VIs have a bit of a problem

What, so some property experts turned out to be catastrophically wrong? You're kidding!

Paddy McMansion? I've got 2 of his DVDs. He's very funny!

Bring on the stories of ruined British investors, I say. Where there's rising house prices, there's British cretins to be found!

Seriously, how do people manage to keep a straight face when publishing this shite?

My favourite is "which school do your kids go to and what is their timetable?"

The latter is the better idea. The best way to fight back against an intrusive database is to pollute it with crap.

Christ almighty, house prices must never be allowed to "recover" to 2007 levels. If they do, it'll almost certainly make multi trillion pound bailouts of banks necessary once people start failing to cough up for their mortgages.

Here'a all GM's problems summed up in one single image:

Yes! He's now admitted it - we are well and truly in the shit!

Spot on. And remember, kids, there are currently around 500 million people elsewhere in the world ready to do your job for much a lower wage than you.

Leaving aside the fact that she's a prime example of what happens when VI arseholes are allowed to go unchallenged, she publicly accused this site of being full of renters who wanted to talk the market down. But I agree with you that Beeny et al are equally guilty of changing the nation's psyche and thus bringing our economy to the brink of ruin.

Correct, just like all other recessions. You know, the ones in which house prices went down.

So... you're suggesting it isn't a human right to make £1 million profit for 5 years' work on a single house?

It's just another euphemism; cf. trying to get lending "back to normal", Northern Rock in "temporary public ownership", etc.

On a positive note, it indicates that the more dangerous ****wits (Labour voters) are confined to smaller areas than the not-so-dangerous ****wits.

Wow! It's just like how being a FTB in Britain used to be

Nope, bang on! What I've always struggled to grasp, though, is why HPI didn't cause Britain to seize up years ago. I (plus virtually all other FTBs, no doubt) have got absolutely no chance of taking a job somewhere else, because I simply can't afford to move away.

7.4: Do not underestimate the ability of TV economists to put forward crackpot ideas with a completely straight face.

A year? Pfft! I've just been for lunch with some former colleagues, and drove past a house that was for sale when I left there two years ago. The board's still up.

So he has a fundamental lack of sleep, but relies on caffeine for termporary bailouts. How ironic. Mind you, if this was happening here, experts would be queuing up to say "he definitely won't fall asleep - it's different this time".

Wait, I've just had an idea! By simply saying the phrase "green shoots" over and over again, it will all go away.

No return to boom and bust.

Apparently it was only 0.95% in May 2008. How times have changed.