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About Me

Found 10 results

  1. To all remoaners out there, if you truly want an HPC you have to agree a no deal Brexit is the best way to achieve this. Mark Carnage just had a big meeting with the press confriming that No deal = 33% discount
  2. https://www.theguardian.com/commentisfree/2018/oct/29/the-looming-collapse-of-the-housing-market-bring-it-on
  3. LMAO! http://www.bbc.co.uk/news/uk-england-london-39485548
  4. Although most on this forum are aware of the global issue of housing bubbles, it's always nice to have a new colourful graph to look at. Zero Hedge have just posted an interesting article looking at a comparison of leading countries HPI and HPC in some cases. It looks at how our reliance on easy credit/debt has lead to HPI that is essentially keeping economies buoyed up. As has been disccused for over a decade on hpc.co.uk it is clear that major economies are supported solely by their housing bubbles. One of the graphs seems to show several of these economies levelling off, or even starting to turn. Check the ZH article here: http://www.zerohedge.com/news/2017-03-31/our-economies-run-housing-bubbles bB
  5. It was September last year, on a US visit and watching Trump speaking as a candidate for the first time, that it became a certainty to me that he (or at least that thing on his head) would win the race for US President 2016. Trump will win for one single reason alone: A BREXIT-like "stick it to the establishment"-attitude of the disenchanted. For those of you, who have doubts, read the following, which was written by no one less than Michael Moore: 5 Reasons Why Trump Will Win http://michaelmoore.com/trumpwillwin/ What will Trump's election do for house prices? I think the impact could be negative and massive. Trump has recently uttered statements ranging from a conditionality of the NATO treaty (depending on financial contributions) to the questioning of the US's membership with and adherence to the WTO. Other statements included threats of additional trade tariffs for countries from Mexico to China. Election of Trump will be unexpected (like BREXIT) and add great economic uncertainty to what is a pretty uncertain state of the world already. I cannot see how Britain or Europe will benefit from Trump's isolationist policies if/when he will start putting them into practice. This uncertainty and the economic fallout for export orientied industries with a focus on the US could be massive, and - no doubt - will not be a positive for house prices. As for the US, most citizens are so used to cheap tat from China - be it iPhones or the $1 shelves at Target and Walmart - that they will experience a huge wake-up call if trading with China should get rocky. Indeed, this will be an inflationary shock and not pretty, but it will be the kind of inflation that will not help asset prices.
  6. So, this forum has dscussed on several ocasions (I can't find the threads with the new software) on how it can reach a wider audience. Some suggested facebook, some suggested twitter (I seem to recall that the user by the handlw aretheshirescrashinghas a twitter, but it's too much work for him). What about a YouTube channel? There could be a segment on current house price events. We could have livestreams, with guests, we can even do a segment on the most ridiculously priced rightmove listing. edit: can't spell for shit
  7. Can we have a poll to see what the average user reckons about the size and scope of the HPC, how big will the drops be, and any supporting evidence.
  8. http://money.aol.co.uk/2016/06/04/is-the-property-market-crash-finally-upon-us/
  9. http://www.telegraph.co.uk/finance/comment/rogerbootle/10901558/Roger-Bootle-At-some-point-there-will-be-a-reckoning-on-house-prices.html Letting Focus View http://www.lettingfocus.com/blogs/index.php/2014/05/house-price-bubble/
  10. Making tea. Absolute 80s on. There's a new FCA advert - Can you afford your mortgage????? There's new lending rules coming in end of this month. Don't forget about council tax etc etc etc. Makes a change after listening to countless 'Your money is safe with the FCA looking on'. http://www.fca.org.uk/consumers/financial-services-products/mortgages/mortgage-market-review 'In the past, some people were allowed to take out a mortgage they could not afford. This led to some of them falling behind with their payments or losing their home.' You don't say . . . Here's the rules: http://www.fca.org.uk/consumers/financial-services-products/mortgages/mortgage-market-review/affording-a-mortgage Christ. Nevermind whether you can afford the mortgage or not, just filling in the form will kill the market. I call Pop! end of this week, 26th April, when these rules come in.
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