HAMISH_MCTAVISH Posted June 4, 2009 Share Posted June 4, 2009 As title. Preview just shown. Britains biggest developer predicts end of crash shortly, or similar..... Quote Link to comment Share on other sites More sharing options...
grey shark Posted June 4, 2009 Share Posted June 4, 2009 How conveniant on the day Halifax come out with there +2.6% ..... the spin and ramping is truly sickening Quote Link to comment Share on other sites More sharing options...
deadman Posted June 4, 2009 Share Posted June 4, 2009 I trust you have the Kleenex at the ready Tavish. Quote Link to comment Share on other sites More sharing options...
gravity always wins Posted June 4, 2009 Share Posted June 4, 2009 Well they would say that wouldn't they. STUPID TROLL Quote Link to comment Share on other sites More sharing options...
Errol Posted June 4, 2009 Share Posted June 4, 2009 This is typical behaviour in a crash/depression. Check out the quote from 1929 onwards. Plenty of people predicted the end only to be destroyed 6 months later. Move on - nothing to see here. Quote Link to comment Share on other sites More sharing options...
HAMISH_MCTAVISH Posted June 4, 2009 Author Share Posted June 4, 2009 Bump, on now. Quote Link to comment Share on other sites More sharing options...
sammysnake Posted June 4, 2009 Share Posted June 4, 2009 From a guy that's served a prison term... another **** of a VI story Quote Link to comment Share on other sites More sharing options...
MOP Posted June 4, 2009 Share Posted June 4, 2009 As title.Preview just shown. Britains biggest developer predicts end of crash shortly, or similar..... Shortly? He said recovery is likely to take 5 years! Quote Link to comment Share on other sites More sharing options...
the end is a bit nigher Posted June 4, 2009 Share Posted June 4, 2009 This wouldn't be the same developer that broke its banking covenants because it didn't see the crash coming would it? Quote Link to comment Share on other sites More sharing options...
loginandtonic Posted June 4, 2009 Share Posted June 4, 2009 i missed something he said as i was in another room of my palace, did he say residential property would look a lot more positive in 12 months? if so, what is that really saying? Quote Link to comment Share on other sites More sharing options...
the end is a bit nigher Posted June 4, 2009 Share Posted June 4, 2009 i missed something he said as i was in another room of my palace, did he say residential property would look a lot more positive in 12 months? if so, what is that really saying? it will be a better time to buy in 12 months than now Quote Link to comment Share on other sites More sharing options...
Peter Hun Posted June 4, 2009 Share Posted June 4, 2009 As title.Preview just shown. Britains biggest developer predicts end of crash shortly, or similar..... He has absolutely no idea what he is talking about. He will have zero influence on the market Quote Link to comment Share on other sites More sharing options...
Mark Uttley Posted June 4, 2009 Share Posted June 4, 2009 He has absolutely no idea what he is talking about. He will have zero influence on the market Hamish or the guy on telly? Quote Link to comment Share on other sites More sharing options...
loginandtonic Posted June 4, 2009 Share Posted June 4, 2009 it will be a better time to buy in 12 months than now i heard the bit where he said something like 3-5 years until recovery, then he said something like 'thats commercial, residential...positive...12 months' at which point i knocked a footman over trying to get back to the telly to hear what he said but was too late, i'm astounded if he thinks there is likely to be sustained growth in res prop from Q2 2010 - unless he thinks theres catastrophic falls between now and then i did hear randall say he was sitting on a cushion with the words 'cash is king' on it, or it could have been an old mail sack turned into a cushion Quote Link to comment Share on other sites More sharing options...
Errol Posted June 4, 2009 Share Posted June 4, 2009 This wouldn't be the same developer that broke its banking covenants because it didn't see the crash coming would it? Haha! Most of the developers are shi**ing themselves. Covenants broken all over the place and in debt up to their eyeballs. Quote Link to comment Share on other sites More sharing options...
starsky Posted June 4, 2009 Share Posted June 4, 2009 People are entitled to their predictions and should be able to make them without anyone screaming at them. As long as vested interests are open, we can interpret how that may or may not influence their opinion. Everyone cites facts and opinions that suit their argument, and derides anything that doesn't. Personally, I still struggle to see where the money is going to come from to sustain much growth in the housing market. Quote Link to comment Share on other sites More sharing options...
darwin Posted June 4, 2009 Share Posted June 4, 2009 I trust you have the Kleenex at the ready Tavish. Quote Link to comment Share on other sites More sharing options...
R K Posted June 4, 2009 Share Posted June 4, 2009 Hamish or the guy on telly? I love this place Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted June 4, 2009 Share Posted June 4, 2009 People are entitled to their predictions and should be able to make them without anyone screaming at them. As long as vested interests are open, we can interpret how that may or may not influence their opinion. Everyone cites facts and opinions that suit their argument, and derides anything that doesn't. Personally, I still struggle to see where the money is going to come from to sustain much growth in the housing market. lending dontchaknow. Quote Link to comment Share on other sites More sharing options...
Gideon Gono Posted June 4, 2009 Share Posted June 4, 2009 From a guy that's served a prison term... another **** of a VI story Every last person is a VI on here - it just depends which way you want it to go. Quote Link to comment Share on other sites More sharing options...
libspero Posted June 4, 2009 Share Posted June 4, 2009 Every last person is a VI on here - it just depends which way you want it to go. Except you, presumably. What VI could you have in UK property if based in NY? Hows the market over there btw.. Quote Link to comment Share on other sites More sharing options...
sikejsudjek Posted June 4, 2009 Share Posted June 4, 2009 Great - every idiot left with enough credit, get out there and bag yourself a mill stone. I'll clean up when it hits the bottom in a few years time. Quote Link to comment Share on other sites More sharing options...
ccc Posted June 4, 2009 Share Posted June 4, 2009 Except you, presumably.What VI could you have in UK property if based in NY? Hows the market over there btw.. Are you trying to insinuate that Osborne is not actually from New york !! That he is actually from the UK !! Scandalous. Quote Link to comment Share on other sites More sharing options...
Concrete Jungle Posted June 4, 2009 Share Posted June 4, 2009 http://www.housepricecrash.co.uk/forum/ind...t&p=1926278 Complete rubbish I have been talking to a housebuilder this afternoon as we have a project they may be interested in. His words "there are no green shoots, no recovery in sight and we are not close to the housing market bottoming out and recovering. We have written off 2010 and 2011." Quote Link to comment Share on other sites More sharing options...
HAMISH_MCTAVISH Posted June 4, 2009 Author Share Posted June 4, 2009 then he said something like 'thats commercial, residential...positive...12 months' at which point i knocked a footman over trying to get back to the telly to hear what he said but was too late, i'm astounded if he thinks there is likely to be sustained growth in res prop from Q2 2010 - unless he thinks theres catastrophic falls between now and then Q2 2010. Why would that surprise you? Thats exactly the consensus of most of the bulls, many of the bears, and a lot of the mainstream commentators. Quote Link to comment Share on other sites More sharing options...
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