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House Price Crash Forum


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About HOwner

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  1. Just a question for the experts, why are the central banks selling gold year after year? Especially if it is such a gold store of wealth? Don’t get me wrong, I am certainly not anti-gold (I own some, and hope to own more), but I don’t see the POV of the central banks?
  2. Much as it pains me to say it, tighten lending regulations, look at a way to impose a cap on residential ownership.. Think of the millions they spend on useless studies. They could actually use some of that for something useful. I don't buy it that economic collapse is a a foregone conclusion. Some people on this site have been saying it is imminent for years...
  3. Obviously that is not the owners mortgage either. I thought that home owner was about 68% or something..
  4. It is not "my house is my castle", it is "my house is my ATM". And it isn't just a UK thing (I know a lot of people think that crap like this only happens in the UK). As such it is even harder for sentiment to change than if it was just a "house is my castle" mentality. At some point, the government must step in somehow... The market cannot sort this out by itself.
  5. (NEW YORK) Money Magazine -- Although home prices nationwide are down 4.2 percent from a year ago, "the worst is yet to come," says Joshua Shapiro, chief U.S. economist at consulting firm Maria Fiorini Ramirez. Just how bad will it get? According to Fiserv Lending Solutions, the median home price nationwide is expected to tumble 5.7 percent next year, which would make it the worst year for real estate in at least 40 years. http://money.cnn.com/2007/11/01/pf/2008_outlook_housing/
  6. Of course, the current NASA changes are only for data collected in the United States.
  7. Agreed, but the sun-spot activity fairy-tale is usually based around this time scale. Also, I doubt that there is sun-spot activity records going back thousands of years. Any sources for that claim? Well, the graphs I have seen show increases in temperatures over the past ten years, so it supports the CO2 link.
  8. Hate to break it to you, but it isn't a BBC study.
  9. To the imbeciles's who STILL think global warming is all due to sun activity.. http://news.bbc.co.uk/1/hi/sci/tech/6290228.stm
  10. I can't believe some people still believe that it ISN'T b0llocks. But then you believe that the Earth is in the centre of the galaxy so I guess anything is within your realm of credibility
  11. Not sure so. He also think that 9/11 was a big consipracy (and who knows what else). Not sure what the WTC7 is a metaphor for
  12. All true, but as you know, it is also about perception and sentiment. People do not expect a TV to retain or go up in value over time. They do however expect that of a house (and probably Picasso, Franklin Mint Limited Edition Commemorative knick-knack, etc.
  13. Mark of the beast my ****. Why the hell do people still believe that BS? Do you believe in Santa? The tooth fairy? The Easter Bunny? Conspiracy theories are one thing, but please, stop using the bible as if it has some kind of factual credibility..
  14. We are having a worldwide collpase happening right now?? Really? Are you sure? Have you told Goosey Loosey? Who is allowing unbridled immigration? Britain? No. America? No. Errrm, discuss how to fix problems, not create them? What? Another fiat currency? Right. That makes sense. OK, another conspiracy theorist nut. "They" didn't lend the money, the lenders did. Well, at least as far as I know. It is of course possible that the government approved my mortgage and supplied the money, but only if it changed its name to HSBC. Let me guess, RFID implants (barcodes are so 70's
  15. The difference is that TV's are not an asset in the same way that a house is. The rest of your post was spot on though.
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