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PotNoodle

The Term Is "normality", Stupid !

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I am sick to death of reading about "Recovery".

As though 1997 to 2007 were "normal" and after a quickfix recession lasting 9 months,

after the biggest Global Financial Crisis since before we were all born,

we can all go back to a renewed property boom based on homungus levels of never-to

be-paid-back debt.

THIS WAS NOT NORMAL ! !

And we are NOT GOING BACK TO IT !

(Feckin' idiots)

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we can all go back to a renewed property boom based on homungus levels of never-to

be-paid-back debt.

THIS WAS NOT NORMAL ! !

Agreed, but neither is the current situation where jobs are lost hand over fist and no one wants to buy a house.

Somewhere in between lies where the "recovery" should take us to.

Alas boom and bust is likely to continue as long as people aren't rational.

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Guest Steve Cook
Agreed, but neither is the current situation where jobs are lost hand over fist and no one wants to buy a house.

Somewhere in between lies where the "recovery" should take us to.

Alas boom and bust is likely to continue as long as people aren't rational.

That'll be forever then....

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Oh yes, there are many on here who salivate at the notion of returning to the big, self contratulatory, property circle jerk which is the British economy. Whoop whoop!

Oh my how dinner parties have suffer when people actually have to avoid the topic of property and their 'riches'..err 'losses'.

Meh.

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it is not back to 'normality', we are still under the grip of fear and recession, hence the wild swings/volatility in the market and the 'not so normal' rally of 30pct from the lows.

Normal does not a 30 pct rally make, those moves usually come in the context of a bear market where fear and volatility are high, I think a return to normal from where we are now will be a resumption of the downtrend in place since 07 where the market is trying to find a fair value. Trouble is the stakes are very high there is money and reputations being laid on the line, the trick is making everyone believe it's recovering and then it becomes self-fulfilling ie what we are seeing in the figures at the moment, whether this is sustainable with rising employment is very very doubtful...risk is higher than ever before.

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I am sick to death of reading about "Recovery".

As though 1997 to 2007 were "normal" and after a quickfix recession lasting 9 months,

after the biggest Global Financial Crisis since before we were all born,

we can all go back to a renewed property boom based on homungus levels of never-to

be-paid-back debt.

THIS WAS NOT NORMAL ! !

And we are NOT GOING BACK TO IT !

(Feckin' idiots)

you forgot to add IMO

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