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House Price Crash Forum


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Everything posted by 0q0

  1. No sign of these repos in my areas, who's secretly buying them up? TLB
  2. Moneysupermarket probably wish to bring more eyeballs to their site, but there is some truth in this. They are sacrificing the prudent savers for the sake of the maxxed out brigade. TLB http://www.timesonline.co.uk/tol/money/savings/article7021624.ece
  3. Well, naturally I wish I'd bought PMs when they were near their lows. Right now, I'm not so brave. King looking to hide behind that supposed excuse to keep rates low and inflate property prices more? Seems so. TLB
  4. Hold on - it's just been suggested by "experts" that this means no interest rate rises for a long time... That explains the supposed candour from The King and Ministry of Excuses to screw the savers for longer.
  5. No more QE or SLS for now under those names. What's he calling it now? Secretquids?
  6. So far it's looking like what happened last time: "recovery in 6 months, recovery in 6 months..." for several years. What's worse this time is the recklessness of the QE and stealing from savers to prop up the liars and idiots.
  7. BBC link to follow, DM for now: http://www.dailymail.co.uk/news/article-1249866/Bank-England-warns-recovery-recession-slower-forecast.html Governor Mervyn King said the forecast for recovery was now worse than it had been three months ago. Of course, he said this before in May 2009. http://news.bbc.co.uk/1/hi/business/8047593.stm
  8. Nationalist - I do not necessarily agree with the other views on your blog, but I find it hard to dismiss this notion:
  9. Yeah, they will then start talking about it as if it was always in the dictionary or they invented the word. We should really plant a completely false premise on HPC and see how quickly the media mentions it as fact; something like the gold to clingfilm ratio suggests a stagnation in 10-year-gilts, etc. (A quick crawl of Google shows the word I thought we had jointly invented has been used on HPC many times! Multiflation! http://www.google.co.uk/search?hl=en&q=multiflation&btnG=Search&meta=&aq=f&oq= )
  10. Fair enough, and I did just type "multi-flation" in the post before and then corrected myself as it is as you say equally meaningless.
  11. What the reason for a price action is does not concern me, the effect is the same, bi-flation is a good shorthand word for it. But, that was an interesting deeper analysis from you.
  12. Thanks for the summary. Are we in deflation or bi-flation? Look at the price of used cars (see off-topic), food and other essentials. My view is there should have been no QE, no manipulation at all. Manipulation makes it worse and longer.
  13. Thanks, I thought I recognised him. If he had a go at the man who said Brown should keep spending then I'd like to shake his hand, although I can't really get my head round how he could oppose both Stysh*ts and Halligan.
  14. Some of the areas I am looking at record an increase of 0.2 and 0.5%, my own area where detached houses are snapped up like they're built of gold bullion shows no increase at all, so I am now lost to understand the situation except to guess that if the prices I see now are not rises then the prices here were even more ludicrous in 2007 than I realised! I only moved here a year ago, but my hunch is London exodus money is fuelling silly, silly valuations.
  15. Is he the man who had the disagreement to put it mildly with Liam Halligan on a news programme a month or three ago?
  16. [with thanks to HPC Quiet Guy] http://www.thisismoney.co.uk/mortgages-and-homes/house-prices/article.html?in_article_id=499311&in_page_id=57
  17. There's certainly more To Let flats and houses round my way than I have seen since last August. I should enquire to find out whether they are being greedy with the rents or the tenants just aren't about. Given that down the road they let it to someone the local constabulary come to see fairly often, seems to me the tenants are drying up.
  18. I get all that, anyone can see we're in deep doo doo. What I am saying is this lot in charge are seriously scary. Do you read me? S-E-R-I-O-U-S-L-Y S-C-A-R-Y. It's all very well telling myself the likes of Peter Jones and Theo Pamphlet won't let King or Brown ruin the currency as the wealth creators run the show, but in a moment you might tell me that Pamphlet and Jones et al have their money in other currencies or the risk spread into something else. In which case, Mr & Mrs Bloggs with their STR money in Sterling are totally shafted if Messrs NuLabour mess up further, am I right? I hope I'm not, pls tell me I'm not right.
  19. Smarties pants ! (I can't be a*sed!) I'm sorry, where is the ACBI in this post? Moderators, please delete. * Appropriate Chocolate Bar Image What about that so-called pent-up demand for Wispas? When they brought them back they were unsold everywhere! More hype.
  20. Brit mentality on this side of the water "Oh it's over there with some water between us, it's not 'here'".
  21. I don't think it's that we/they can't see it, I think it's that many of us fear what they can do with QE, currency collapse, etc, that makes some run for the hills and buy a roof over their head any way they can if they STRd before. Let's face it: that might be their plan - to scare the cr*p out of cash holders.
  22. I agree with the sentiment behind the post, it currently looks as if prices are fairly sticky on the way down in many areas. Prices are coming down but from silly levels which are in some cases higher than 2007's. About the best non-repo asking price I can find in the SE at the moment is 9% above the price the vendor paid in Jan 2005. They won't take an offer on that, and I believe they have been under offer or sold at slightly higher recently but that the chain broke. There are price reductions on the asking price in some SE areas but nothing all the way back to 2005, nevermind 2002 when many STRd! The repos tend to be 2004 or 2005 prices, however. The auction guide prices to tempt buyers tend to aometimes even be year 2000 but they don't sell at 2000 prices as far as I can see, they hit 2004 or 5 at least. Yup It is the all-important when. Some posters here think we've had it for the nominal lows already - I do hope they're not correct as on a personally selfish level that means I'm stuffed too.
  23. Any politician who allows our industries to be sold to overseas time after time, is an utter utter utter n
  24. Obscure but good! If Gordon and Unite meet, he won't be having a
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