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House Price Crash Forum


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  1. And to think that people on this site thought that it was only Mark Carney who was the problem and that as soon as he was gone, things would magically get better. They all sing from the same hymn sheet. Sometimes I think people who post here are predominantly young, naive and wet behind the ears.
  2. You can also double your money by putting it all on red.
  3. I feel sorry for so many people. They were saving hard for a deposit pre-2008, then the GFC comes along and most people expected a very healthy correction in house prices. But, the sting in the tail was government and banker fiddling through QE and low interest rates. Most people on this site didn't see this coming, but when these measures were actually introduced, I think the more intelligent and switched on folk realised it was game over for them. House prices were only ever going to go up through QE and low interest rates. Now we are seeing exactly the same thing today, but this time i
  4. Prices of cameras have gone up due to a smaller market. It's difficult for manufacturers to make much profit in this climate. People aren't going anywhere to be able to take photographs due to lockdown. The price situation won't change going forward because inflation will see to that. It's the same with graphics cards. It's estimated that even a mid range GPU is expected to cost circa £1500 by 2022, probably looking at £3-4k for high end.
  5. It makes no difference who you are, unless you're very wealthy. We won't see wage rises. We will see rampant inflation which will be exasperated by ultra low interest rates which will likely never get back to where they averaged before 2008, ever. The western governments have all of this stitched up already. All western countries are in the early stages of transitioning to third world status, and as an estimate, I'd say by 2025, its mission complete.
  6. They are all part of the same system. Besides, you don't know which currency will be the next to fall.
  7. The price of property has always relied on debt. It's how the system works and there are absolutely no signs that this is going to change. The fact is, there is nothing at all that you can buy, be it a house, a car, or whatever that is good value. You've already had your currency devaluation to an extent, so buying things now is sensible unless you want to pay more for them month on month? Fact is, the western world is slipping into 3rd world poverty.
  8. Ironically, and against the spirit of this site, owning a house is the safest option. Those who have the means to buy a house outright in cash should do so now. And I mean now, because time is rapidly running out. Failure to secure a house now is probably going to end in homelessness and poverty for many. The only way the current system could possibly be saved at this point is a rapid increase in interest rates. Historical evidence since 2008 says that this won't happen. Some people are trying to protect themselves through Bitcoin. Of course this won't work because the governments of the
  9. Amazed that you even replied to me given that I'm one of your "blocked trolls". More lies again. Your problem is that you have failed to spot the fact that many people have done very well out of property - far more than those who haven't. We all know that you're bitter because you couldn't gain even one tenth of what most people have in over 15 years. If I was you, I'd personally be too embarrassed to post in a public forum after your track record.
  10. No they're not. Intelligent people who were switched on back when interest rates plunged knew exactly where things were going. It's just people like you who are well behind the curve and not the sharpest tool in the box who are clueless.
  11. There is anything but a functioning society in the UK. It goes further than being a socialist state. Yes, there are people at the top making a lot of money, disproportionately in many cases, but we can't ignore the spongers. Single people with no children and an average job get the raw end of the deal living in the UK.
  12. It's really best to take no notice of what this trojan says. But anyway, Keiser will say whatever RT tell him to say which is what the Russian government want them to say. The aim is to destabilise the dollar, and in turn the western economy.
  13. Not bothered personally by people making money by any legal means, be it bitcoin or other, but when people use words like "gainz", it's hard to take them seriously.
  14. I certainly will not be publishing anything. I didn't have to tell you what I know in the first place.
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