Jump to content
House Price Crash Forum
Sign in to follow this  
DownsizingDiva

Why Vi Ramping And Biased Media Hype Is Good For Hpc

Recommended Posts

Many have been outraged by the latest media hype (BBC etc.) giving the impression that PRICES are rising. (What the articles say is another thing - more about INTEREST than anything else). I included myself in that number until I sat and thought about it a little further.

I firmly believe that this ramping and hype will enable the HPC to resume its downward trajectory. Sellers will be tempted to put their properties on the market (at inflated prices), MORE buyers will be unable to stump up the required deposit, MORE valuers will down-value, and this will speed up the realisation that house prices HAVE to fall.

Edited by DownsizingDiva

Share this post


Link to post
Share on other sites
Many have been outraged by the latest media hype (BBC etc.) giving the impression that PRICES are rising. (What the articles say is another thing - more about INTEREST than anything else). I included myself in that number until I sat and thought about it a little further.

I firmly believe that this ramping and hype will enable the HPC to resume its downward trajectory. Sellers will be tempted to put their properties on the market (at inflated prices), MORE buyers will be unable to stump up the required deposit, MORE valuers will down-value, and this will speed up the realisation that house prices HAVE to fall.

+1

Share this post


Link to post
Share on other sites
Blimey your hoping aren't you?

I've heard it all now. What next? HPC because the moons made of green cheese?

Forget it. HPC never happened and your dreams over.

Save a deposit like we did.

Actually, Mr Sibley, I not only have a deposit, but enough to buy a WHOLE HOUSE if I choose to. I choose not to for now. Thanks.

Edited by DownsizingDiva

Share this post


Link to post
Share on other sites
Blimey your hoping aren't you?

I've heard it all now. What next? HPC because the moons made of green cheese?

Forget it. HPC never happened and your dreams over.

Save a deposit like we did.

Thats right Sibbers - keep believing that nobody here has a deposit!! :lol::lol:

We are all priced out and have not got a hope of ever being as rich as you!! :lol::lol:

Edit: sorry.. I meant

"as considerably rich as yau"

Edited by sbn

Share this post


Link to post
Share on other sites

The mentality of the bears.......

Prices rising = bulltrap

Prices stable = pause before another leg down

Approvals rising = great for HPC

Lending up = great for HPC

Interest rates low = great for HPC

Interest rates high = great for HPC

Decreasing mortgage product availability = great for HPC

Increasing mortgage availabilty = great for HPC

VI Ramping = great for HPC

No VI Ramping = great for HPC

Gordon Brown policies = great for HPC

David Cameron policies = great for HPC

It doesn't matter what the news, what the discussion, or what the topic...... Someone on this site will find a way to turn it into somehow being good for HPC, and others will follow.

You could write an entire psychology thesis just from reading this site for a week. Every single dysfunction imaginable would be represented.

Absolutely priceless.

Share this post


Link to post
Share on other sites

The sooner the imbeciles with more cash than patience are shaken out of the tree and the more that get burned once the downward trend resumes, the deeper the trough in prices.

3 cheers for The Crutchster et al!

Share this post


Link to post
Share on other sites

OK Hamish, so now you've had your little rant, would you like to present a coherent, logical argument against my post? (I expect that'll be a no then...)

Edited by DownsizingDiva

Share this post


Link to post
Share on other sites
The mentality of the bears.......

Prices rising = bulltrap

Prices stable = pause before another leg down

Approvals rising = great for HPC

Lending up = great for HPC

Interest rates low = great for HPC

Interest rates high = great for HPC

Decreasing mortgage product availability = great for HPC

Increasing mortgage availabilty = great for HPC

VI Ramping = great for HPC

No VI Ramping = great for HPC

Gordon Brown policies = great for HPC

David Cameron policies = great for HPC

It doesn't matter what the news, what the discussion, or what the topic...... Someone on this site will find a way to turn it into somehow being good for HPC, and others will follow.

You could write an entire psychology thesis just from reading this site for a week. Every single dysfunction imaginable would be represented.

Absolutely priceless.

Erm.... find and replace Bears with Bulls, HPC with HPI. Same is true.

Your point?

Share this post


Link to post
Share on other sites
Blimey your hoping aren't you?

I've heard it all now. What next? HPC because the moons made of green cheese?

Forget it. HPC never happened and your dreams over.

Save a deposit like we did.

Don't need to save, made a packet out of the last housing boom and STR'd, thankfully muppets like you and Hamish who believe in ever increasing house prices have paid for the deposit on my next house :lol:

Share this post


Link to post
Share on other sites
Blimey your hoping aren't you?

I've heard it all now. What next? HPC because the moons made of green cheese?

:lol:

It doesn't matter what the news, what the discussion, or what the topic...... Someone on this site will find a way to turn it into somehow being good for HPC, and others will follow.

You could write an entire psychology thesis just from reading this site for a week. Every single dysfunction imaginable would be represented.

Absolutely priceless.

+1

There you go Brucie, 3 of us within minutes ~ quick get the :rolleyes: posted.

:lol::lol::lol:

Share this post


Link to post
Share on other sites
OK Hamish, so now you've had your little rant, would you like to present a coherent, logical argument against my post? (I expect that'll be a no then...)

I think you'd better explain to him the meaning of the words coherent and logical first!

Share this post


Link to post
Share on other sites
Many have been outraged by the latest media hype (BBC etc.) giving the impression that PRICES are rising. (What the articles say is another thing - more about INTEREST than anything else). I included myself in that number until I sat and thought about it a little further.

I firmly believe that this ramping and hype will enable the HPC to resume its downward trajectory. Sellers will be tempted to put their properties on the market (at inflated prices), MORE buyers will be unable to stump up the required deposit, MORE valuers will down-value, and this will speed up the realisation that house prices HAVE to fall.

I know sible, renie and mash, or whatever, will pick at this statement. But, I was thinking something similar in that the rampers may become the boy who cried wolf. Let’s say prices go down for a couple of months more. It may, be very counter product for the rampers, especially as the general public are very switched on with s**t coming from VI's in suits at the minute, what with the MP’s expenses etc.

Share this post


Link to post
Share on other sites
Many have been outraged by the latest media hype (BBC etc.) giving the impression that PRICES are rising. (What the articles say is another thing - more about INTEREST than anything else). I included myself in that number until I sat and thought about it a little further.

I firmly believe that this ramping and hype will enable the HPC to resume its downward trajectory. Sellers will be tempted to put their properties on the market (at inflated prices), MORE buyers will be unable to stump up the required deposit, MORE valuers will down-value, and this will speed up the realisation that house prices HAVE to fall.

I guess you need a little liquidity.. until the neighbour's house sells for £300k, you might be able to cling to the belief that your own is still worth £400k.

Expectation management if you will.

Share this post


Link to post
Share on other sites
Many have been outraged by the latest media hype (BBC etc.) giving the impression that PRICES are rising. (What the articles say is another thing - more about INTEREST than anything else). I included myself in that number until I sat and thought about it a little further.

Wow, 3 trolls on the 1st page of your thread! Do you win a tenner for that, Diva?!?

I actually think that you're wrong, though.

The harsh reality is that the housing bubble's burst, the banks are bankrupt, unemployment is shooting up and the financial situation of the UK as a country is absolutely dire. No amount of over-optimistic stories in the property pages is going to change any of that. In a normal market, I can imagine property ramping having a significant effect on people's behaviour (After all, I've been in the UK all through the years of the housing boom and I saw it going on) but we're not in a remotely normal market any more. At the point we've reached in this bloody awful mess, VI ramping is froth, nothing more!

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   296 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.