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copper crutch

The Experts Are Saying " Its Time To Buy "

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Makes no sense to me. Load of VI trying to get some business back by getting fools to impoverish themselves and use their services more like.

Edited by non frog

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Makes no sense to me. Load of VI trying to get some business back by getting fools to impoverish themselves and use their services more like.

I think, for better or worse, that their anyalysis is completely correct.

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Are they right this time? Who knows.

They're going to keep saying this until they are right, and one of these times they will be.

The thing to do is to let the market tell you what is happening, not the guys who own the shops.

Unless of course they re-inforce your own inflexible views, in which case lap it up gents...

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Are they right this time? Who knows.

They're going to keep saying this until they are right, and one of these times they will be.

The thing to do is to let the market tell you what is happening, not the guys who own the shops.

Unless of course they re-inforce your own inflexible views, in which case lap it up gents...

Check this out.....

http://newsvote.bbc.co.uk/2/hi/business/8175479.stm

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The UK's largest building society believes there is a "reasonable chance" that house prices could end the year higher than they started 2009.

Such an outcome was "unthinkable" a few months ago, the Nationwide's chief economist said.

From my own research, there were actually a couple of talking heads predicting the "unthinkable", but as part of a wider and distinctly bearish tableau. I rememeber this because at the time I thought it unlikely given the fundamentals.

The one name springing immediately to mind is the source of much trouser re-arrangement among the older patrons of HPC - Merryn Somerset Webb of Moneyweek.

She cautioned against 2009 being a suprisingly good "up" year for house prices as an example of the rallies that can be experienced in a protracted bear market.

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The same news has been brodcasted for the last 3 months, after 18 months of falls, the bounce appears to have happened.

So to sum up this Crash, from peak bubble to bottom in Edinburgh id say a fair % drop for Traditional build was down around 12%.

With the recent % rises prices are still down from peak at around 5%, although recently some sales are acheiving peak bubble prices.

To be fair to all the doom merchants, some areas have been hammered and are down 50% to 60% from peak bubble, these areas are all new build and cover the developments at The Strada, Springfield,Western Harbour, Pilrig Heights, The Bond.

I See no evidence of price rises in these areas.

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"never been a better time to buy".

Earth-shattering.

:rolleyes:

How can they get away with printing stuff that is clearly a lie ? It is not stated as an opinion it is stated as a fact. A fact that is very wrong.

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I think, for better or worse, that their anyalysis is completely correct.

More the fool you, then.

The main premise of the article referenced by the OP is demonstrably false:

history suggests that property is also the first sector to recover following an economic downturn. During the last global slump in the 1990s, the property market was hit badly by the recession but it was also the first area that saw signs of recovery.

Utter nonsense. A shameless lie, in fact.

For instance, the early 90's recession was 5 quarters in duration, and economic growth had resumed by summer 92. However, house prices continued falling until 1996/7, and did not recover to pre-recession levels until 2002/3.

The same is largely true of the mid-seventies recession and the early-eighties recession.

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More the fool you, then.

The main premise of the article referenced by the OP is demonstrably false:

Utter nonsense. A shameless lie, in fact.

For instance, the early 90's recession was 5 quarters in duration, and economic growth had resumed by summer 92. However, house prices continued falling until 1996/7, and did not recover to pre-recession levels until 2002/3.

The same is largely true of the mid-seventies recession and the early-eighties recession.

The tell tale signs are there folks HPI, Maybee the are calling it right, the old " better be quick before you miss out " signs will appear shortly.

http://www.ros.gov.uk/public/news/press_re...flash/28day.pdf

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Twatster,

Please regale us with your list of crashes which have gone straight down then straight up again ...

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Twatster,

Please regale us with your list of crashes which have gone straight down then straight up again ...

A 12% drop from peak to through hardly a crash, when you consider we had 100% hpi over the previous 5 years, now its going north again, i feel sorry for those who are still saving for there deposit, they should have bought 3 months ago when the market bottomed.

:(

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A 12% drop from peak to through hardly a crash, when you consider we had 100% hpi over the previous 5 years, now its going north again, i feel sorry for those who are still saving for there deposit, they should have bought 3 months ago when the market bottomed.

:(

Anyone would think you hadn't seen this...

bubble-lifecycle.gif

Where do you think we are at present?

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A 12% drop from peak to through hardly a crash, when you consider we had 100% hpi over the previous 5 years, now its going north again, i feel sorry for those who are still saving for there deposit, they should have bought 3 months ago when the market bottomed.

:(

Don't shed too many tears. They won't be able to see yours for their own tears of laughter when you tell them about your £115K 'bargain' in Gorgie that you can't refinance in 2 year's time because it's worth £50 - £60K.

In case you hadn't realised:

bubble.gif

post-14341-1248978627_thumb.png

Edited by Radge

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Great article! Here's a webpage from the site of the people who produced it: http://www.holyroodpr.co.uk/index.php/cove...to_buy_property.

The full article appeared on myfirsthomeltd.com and was part of a PR strategy by Edinburgh PR specialists Holyrood Partnership.

As they say on their front page:

Outstanding PR is when your stories are expertly told to exactly the right audience. We use superb writing, photography and video to achieve that. Read our latest stories, below, or visit our client pages, galleries and our coverage section to see real, powerful PR in action.

Superb writing indeed.

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Great article! Here's a webpage from the site of the people who produced it: http://www.holyroodpr.co.uk/index.php/cove...to_buy_property.

As they say on their front page:

Superb writing indeed.

From Holyrood PR's website:

Steve Spence, senior partner at ELPG member firm Neilsons, said: "We have had an unprecedented number of enquiries and sales among the ELPG member firms over the past two weeks, so it's clear that there is a lot of demand for bricks and mortar in Edinburgh."

Another lie. "Unprecedended"? I don't think so.

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The full article.

Nonsense

What a disgusting attempt to scare people into getting into huge debt. I have sauid this before and I will say this again. I hope Steve Spence ends up homeless. I really mean that. He deserves it.Every article he appears in is full of quite disgusting lies and fear tactics.

He is a horrible sounding person. A great example of the greed, selfishness and delusion the past 10 years have produced.

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Guest An Bearin Bui
Great article! Here's a webpage from the site of the people who produced it: http://www.holyroodpr.co.uk/index.php/cove...to_buy_property.

As they say on their front page:

Superb writing indeed.

:D:lol::lol:

"And in another report today, from property experts An Bearin Bui Enterprises, it was found that 98.6% of articles published on property websites are fact-optional, misleading screeds of nonsense designed to entice the naive into a falling market... "

Maybe I should get the above press release out to MediaWire and see how it goes...

Edited by An Bearin Bui

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The full article.

Nonsense

What a disgusting attempt to scare people into getting into huge debt. I have sauid this before and I will say this again. I hope Steve Spence ends up homeless. I really mean that. He deserves it.Every article he appears in is full of quite disgusting lies and fear tactics.

He is a horrible sounding person. A great example of the greed, selfishness and delusion the past 10 years have produced.

Anyone can leave comments on the holyroodpr blog pages, so......

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