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Everything posted by tenroom

  1. Attagirl . . . Oh and it isn't wife-beating. It's colloquially referred to as "enforcing consensus" and is akin to the time-honoured female tradition of withholding conjugal favours. Equally cruel . . . Plus the OP is absolutely right not to want to buy . . . . All his bint cares about is the nest . . .
  2. Yep . . . Stand up straight, roughly 24 inches or so in front of the missus, with your feet about shoulder width apart Take one step forward with your right foot and place your weight on it. Hold your right hand in front of your left shoulder with your palm facing inwards. Now, with gusto, bring your hand from the left shoulder to the other side of your body in an arc ensuring that, on its journey, it connects squarely with your bint's cheek/jaw. It is best to carry the motion through - rather like a tennis backhand - as this demonstrates that you ain't playin' and that if she raises th
  3. Firstly, if interest rates really have no tangible effect in a miracle economy, why are your cohorts continually clamouring for them to be increased and slating the MPC each time they're left unchanged ? The tightening of credit has nowhere near as much of an effect on inflation as fuel and utility prices. The banks don't have an incentive to tighten lending criteria because they don't have a big arrears and repo problem. The BoE simply aren't motivated to take an aggressive stance with inflation. They don't have a VI in a house price collapse and if any of us are being honest, very few peopl
  4. Didn't realise HPC's original owner sold out last year and certainly not for the reasons given in the article . . .
  5. I don't think the correction is going to be the great leveller y'all think it is. I get the feeling that some bears really do expect prices to halve but - I'm sorry - That's not likely to happen unless there is a huge rise in unemployment and interest rates at over 9%.
  6. And you know what . . . ? There's nothing wrong with that. I just wish the bears would preach their gospel without the soothsayer factor cos the jig's up - everyone knows they've been getting it wrong for years . . . none of 'em are going to be able to rock up on the day of the first "House prices in FULL reverse" newspaper headline and say "Told ya. I was right all along".
  7. You crasheeple aren't half dim sometimes . . . You actually believe that lenders are going to pull fixed rates and then that's it . . the market crashes, don't you ?? They'll just replace them with ever-so-slightly more expensive ones. That's how it's always been done . . . they know they'll be able to re-launch the FRM deals and still be able to get punters through the door. Stop listening to the RBs and Oldies . . . they're fooling you. Go out . . . spend on tat, dine like Kings for tomorrow, we DIE
  8. But Nottingham is a shit hole . . . Most people who followed bear "wisdom" and sold up in '04/'05 have gotta be kickin' themselves . . .
  9. So by throwing cold water on the bear "wisdom" that sub-prime will destroy the world, I'm desperate ?? I see . . .
  10. Mutters: something about your 16 year old daughter and a banshee
  11. My God you're smug aren't you ? Why on earth would I present current evidence that benefits HPI - I clearly said I believe the market will correct. I just don't believe that sub-prime will be the detonator in the UK. As for trusting the (in)competence of others, what on earth could you possibly know about my circumstances ? As if I need your patronising, cliched life-coaching acronym straight out of a cheap US advertorial . . ."DYOR" Not everyone sees housing as an investment - it also makes for great shelter . . .
  12. That's what your missus told you, isn't it ??
  13. erm . . . we're not kids any more RB. As for bulls clutching at straws, who says I'm a bull ? I believe the market will correct but I didn't believe the bear fools when they said it was happening in '05 and while I believe it will start this year or early next, I do not believe that our housing market and that of the Americans is as inextricably linked as the flawed logic of a few saddos desperate to be proven right after being wrong for so long would have us believe and do not see subprime as being the Holy Grail Anyone who'd listened to these gimps and STRed or held off buying in '04/'05
  14. RB and the Oldie . . . partners in utter bo11ox. The FTSE drifts down .75% and that's it . . . conclusive proof that it's all going Pete Tong ?? If I'd a pound for every mickey-mouse indicator you two and your fellow armchair economists conjure up between you, I'd be able to buy that 2 bed penthouse flat overlooking the Portobello Road I've been hankering after for the last few years for cash. Ooh . . . hang on . . . the FTSE just lost another 0.00000002% . . . . batten down the hatches, stock up on tinned food, bottled water and antibiotics . . . could get messy . . .
  15. He does tend to bang on, doesn't he ? Ceaseless repetition doesn't make it the truth, RB . . .
  16. http://news.bbc.co.uk/1/hi/business/6570111.stm Yet again the bears are wrong, wrong, WRONG !! If the fallout's contained in the US of all places, how the hell is it going to cause or contribute in any significant way to a crash here ? Come ON . . . there've gotta be better straws to clutch at out there . . .
  17. So you think that the gulf between what prices are now and what these priced-outs would need prices to come down to will simply vanish overnight. They're still going to have to wait for at least 2-3 years before their "huge" deposits are enough of a buffer for the embattled and newly-cautious lenders to grant them mortgages . . . . especially if said lenders return to the long dead 3 + 1 income multiples the bears have been mourning forever
  18. Yes . . . you did . . . Only took 3 years for you to get anywhere near being correct . . . . isn't that galling for you ?
  19. That's the mother of all daft challenges. The phrase "sheeple" was coined on this forum as a derogatory term for those who've bought within the last couple of years. I've read numerous posts on this forum baying for the blood of anyone who's gone out and - rightly or wrongly - borrowed a ridiculous amount of money to buy a property. "Never mind - not long till the tossers get repossessed !" or variations on the theme permeate most threads on this board so please don't tell me there's no vitriol towards homebuyers.
  20. If that recession was going to be as a result of the dotcom boom per se then they'd probably have let it happen. Throw in the unknown ramifications of the most spectacular terrorist attack ever and things look a little more uncertain. Hindsight's great though ain't it
  21. Are prices too high ? Not if you're selling
  22. Protect the weak ??!! I presume you refer to individuals who simply couldn'tsay no to interest free credit, cheap loans for consumer goods, cheap mortgages on cheap property, gadgets, satellite tv, 4X4s, Prada luxury goods ? All those "weak" people, eh ? All those twisted arms . . . You make it sound as if Gordon Brown called up the BoE and told them what to do with interest rates. I prefer not to subscribe to every conspiracy theory that permeates this board not, you understand, because I want to bury my head in the sand, but because sometimes the simplest explanation is the truth. Edd
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