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Realistbear

Surveyors Blamed For Preventing The Next Bubble

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http://www.timesonline.co.uk/tol/money/pro...icle6463460.ece

June 9, 2009

Surveyors are stifling property market recovery

By undervaluing properties, surveyors could be prolonging the house price downturn

Ali "Alibarbar"Hussain

Surveyors have been accused of undervaluing properties and stifling the property market recovery, according to a new analysis....../

Naughty naughty surveyors.

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No problem when they were over-valuing, working hand-in-hand with their friends the EAs though....

good to see you around RB

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Discussed here :

HPC Link

And link to here too:

Homebuyers having mortgage offers withdrawn

So even with the awful CML approval figures for April out today , just when a bull must think it can't get much worse it sounds like :

1. Lenders are saying yes when they mean no , to keep approval figures up to the pathetic levels they are .

2. And even if you get a yes and not a no, and then you don't get a no instead of a yes, the valuers are valuing at TODAYS values not last years and as Bloo Loo says, voila , "we live in a land of broken chains". 50% + break I have heard.

So why would buyers bother when they have NOTHING to lose by waiting?

But as I have said before, what are sellers waiting for ? This was the last summer a seller might get 2007 minus 25% , (well from a cash buyer maybe), but from here on its down down down........hope they are all happy to wait 15 years + to get a 2007 value!

Edited by Sybil13

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So even with the awful CML approval figures for April out today...

:lol::lol::lol:

Bruce Banner will be on to you soon when he works it out Sybil.

There must indeed be a Troll command centre and you've been sent here on a mission to make the bears look like total muppets.

That's the only explanation that fits.

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:lol::lol::lol:

Bruce Banner will be on to you soon when he works it out Sybil.

There must indeed be a Troll command centre and you've been sent here on a mission to make the bears look like total muppets.

That's the only explanation that fits.

And she does it so well, too..... :lol:

I really am enjoying this. Watching the desperation, fear, anger and denial, all set in at once as they realise just how badly wrong they got it on the economy. It's like watching one of those reality TV shows, where the contestants start self destructing and embarrasing themselves in front of millions of people. You cringe, you pity them, but then you grab some more popcorn and a drink and keep watching anyway. :lol:

Cheers.....

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And she does it so well, too..... :lol:

I really am enjoying this. Watching the desperation, fear, anger and denial, all set in at once as they realise just how badly wrong they got it on the economy. It's like watching one of those reality TV shows, where the contestants start self destructing and embarrasing themselves in front of millions of people. You cringe, you pity them, but then you grab some more popcorn and a drink and keep watching anyway. :lol:

Cheers.....

+1

Yes, our opinions were greeted with howls of derision and insults were hurled at us from every direction.

And now it's payback time.

The fun stars here.

winesmiley.gif

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And she does it so well, too..... :lol:

I really am enjoying this. Watching the desperation, fear, anger and denial, all set in at once as they realise just how badly wrong they got it on the economy.

Cheers.....

got what wrong exactly ? that without the great intervention things wouldn't be looking so rosy. Especially if govt. borrowing wasn't ratcheted up a level or 3.

come on now tory boy, your not supposed to believe in all this left-of-centre neo-socialist good-samaritan economic props.

And yet, it's the main thing keeping your wet dreams of hpi alive.

And yet despite all this cheerleading re the policy response you being a peculiar kind of mcmuppet, bang on about the need to give the public sector a haircut [ergo spending ergo job cuts]. I think it you who misunderstand fundamentals and how our govt. have really managed the state of the economy over the last 10 years. And the significant source of growth, which is govt. spending first to give private enterprise lifelines. Completely the opposite of how you think wealth is created and how the economy has grown.

so yes, let's talk about economic fundamentals with SMALLER not BIGGER govt. under the future you doubtles want to see

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And she does it so well, too..... :lol:

I really am enjoying this. Watching the desperation, fear, anger and denial, all set in at once as they realise just how badly wrong they got it on the economy. It's like watching one of those reality TV shows, where the contestants start self destructing and embarrasing themselves in front of millions of people. You cringe, you pity them, but then you grab some more popcorn and a drink and keep watching anyway. :lol:

Cheers.....

Ah yes, but do the participants truly represent reality?? ................. and what of the viewers??

I'll have a wild guess that most 'reality' viewers think house price inflation will return to the rate pre '07...... bless 'em.

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+1

Yes, our opinions were greeted with howls of derision and insults were hurled at us from every direction.

And now it's payback time.

The fun stars here.

winesmiley.gif

How is it 'fun' to see people getting the ar$e ripped out of them with huge debts?

You need help.

Edited by cashinmattress

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+1

Yes, our opinions were greeted with howls of derision and insults were hurled at us from every direction.

And now it's payback time.

The fun stars here.

winesmiley.gif

woof woof ....pssssssssssssss

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Wow, the bulls are real c-unts here aren't they, no argument, no facts and figures, just a couple of headlines and they run to their keyboards mocking the very people they are hoping will buy their debt in the years to come. I have time for bulls as long as they have a decent argument and put them forward graciously.

But these t-wats here are just trolls, they probably don't even own anything. To the rest of the decent posters on here don't rise to 'em, what goes around, comes around.

I'm just surprised they've fallen for the bull trap being a recovery, when it's happened many many times before, still you stick a few quid in front of some people's eyes and they'd forget their own names.

Edited by ad9898

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still you stick a few quid in front of some people's eyes and they'd forget their own names.

Dude, judging by your avatar, you certainly seem to understand the dynamics of people being driven to distraction :P

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+1

Yes, our opinions were greeted with howls of derision and insults were hurled at us from every direction.

And now it's payback time.

The fun stars here.

winesmiley.gif

Have I missed something... I thought the whole problem was that It's NOT payback time... in fatc default time would be a more accurate description.

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http://www.timesonline.co.uk/tol/money/pro...icle6463460.ece

June 9, 2009

Surveyors are stifling property market recovery

By undervaluing properties, surveyors could be prolonging the house price downturn

Ali "Alibarbar"Hussain

Surveyors have been accused of undervaluing properties and stifling the property market recovery, according to a new analysis....../

Naughty naughty surveyors.

How absurd.

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