bear-curious Posted August 5, 2009 Share Posted August 5, 2009 Wee, sleekit, cow'rin, tim'rous beastie, O, what a panic's in thy breastie! Thou need na start awa sae hasty, Wi' bickering brattle! But I do worry that... But if you don't spend you money then you won't go insolvent. It cuts both ways. People who wait for house prices to go back up are in for a very nasty shock. ...will get trickier for many honest souls to do as taxes rise and rise and the deadly tentacles of debt spread further and further (to the delight of the apostles of Gordo). Quote Link to comment Share on other sites More sharing options...
Guest joeschmo Posted August 5, 2009 Share Posted August 5, 2009 (edited) WRONG! GORDON BROWN ERADICATED BOOM AND BUST!!The fact we were still able to see it coming after that is nothing short of prophetic. looks like the markets think that that UK plc is on the up again http://news.bbc.co.uk/1/hi/business/8185300.stm Looks like Cameron should cancel the removal van Edited August 5, 2009 by joeschmo Quote Link to comment Share on other sites More sharing options...
PopGun Posted August 5, 2009 Share Posted August 5, 2009 Did I say I wasn't in the same generation? I think not! You most certainly are in it, up to your 1,542 post neck.I've never seen a thread moved off-topic so fast. Maybe the truth does hurt. Ha ha hypocrite!! Quote Link to comment Share on other sites More sharing options...
AvidFan Posted August 5, 2009 Share Posted August 5, 2009 (edited) As a follower since the birth of this site 2003, this is the way I see it.2003 - No HPC 2004 - No HPC 2005 - No HPC 2006 - No HPC 2007 - No HPC 2008 - No HPC 2009 - Hoorah for HPC. Full blown crash underway. How insightful and well predicted (my 3rse) Don't you mean: 2003 - HPC predicted, no apocalypse foreseen 2004 - HPC predicted, no apocalypse foreseen 2005 - HPC predicted, wait a minute - what are these four horsemen doing here? 2006 - forget about HPC, Oh... My.... God... 2007 - $hit! I just wanted a HPC, not the end of the world 2008 - Really scared now. Stop it. 2009 - Can't believe I wanted this to happen. Edited August 5, 2009 by AvidFan Quote Link to comment Share on other sites More sharing options...
Guest joeschmo Posted August 5, 2009 Share Posted August 5, 2009 Don't you mean:2003 - HPC predicted, no apocalypse forseen 2004 - HPC predicted, no apocalypse forseen 2005 - HPC predicted, wait a minute - what are these four horsemen doing here? 2006 - forget about HPC, Oh... My.... God... 2007 - $hit! I just wanted a HPC, not the end of the world 2008 - Really scared now. Stop it. 2009 - Can't believe I wanted this to happen. 2010 Economic and Housing Recovery...Labour returned for another term Quote Link to comment Share on other sites More sharing options...
South Lorne Posted August 5, 2009 Share Posted August 5, 2009 Corrected.Of course HPC did take longer than expected. Even the Bank of England thought it was inevitable in 2002. Link ...HPC started slowly 2005 ...that is why Merlin Gordo reduced interest rates by one half per cent that year when houses started sticking ....he knew ....but what he didn't know was 'what goes up must come down' despite meddling and covering up ...."I didn't see it coming" insanity plead".....not very smart this Nulabour.... Quote Link to comment Share on other sites More sharing options...
Guest theboltonfury Posted August 5, 2009 Share Posted August 5, 2009 I should have bought a house in March, or better still three years ago. Why oh why did I listen to you crackpots? With your crash fairytales!"Gravity always wins" so you said. No it does not! The government always wins. Vested interests always win. The little guy always loses. The game is rigged. The system preserves itself. Better join up than be trampled on, claiming the direction is insanity. "HPI is irrational and unsustainable" so you said. The market can stay irrational longer than you can stay solvent Keynes pointed out. "This will end in riots and revolution" so you said. No it won't! We have no taste for revolution. People are either too dumb or too lazy to do anything about being shafted by bankers, politicians and international corporations yet again. It has always been this way, always will. Tell them their crap house has gone up in value and they are happy to be debt slaves their whole lives. Make your own decisions in future. Quote Link to comment Share on other sites More sharing options...
Guest Parry aka GOD Posted August 5, 2009 Share Posted August 5, 2009 2010 Economic and Housing Recovery...Labour returned for another term Pretty dire situation and desperately poor government 'letting house prices get out of control', though Joe. This does not benefit mankind (supposed to be your voters), just a handful of plutocrats. Really Joe, if you're a real Labour supporter, surely you see this? Quote Link to comment Share on other sites More sharing options...
dancer7 Posted August 5, 2009 Share Posted August 5, 2009 HPI is alive and well. PS Do not swallow all the Armageddon messages on here...very bad for the brain. Quote Link to comment Share on other sites More sharing options...
Guest theboltonfury Posted August 5, 2009 Share Posted August 5, 2009 HPI is alive and well.PS Do not swallow all the Armageddon messages on here...very bad for the brain. sound advice. My bet is if you could actually SEE some of the armageddonists on here you'd probably have a collection of some of the weirdest, socially malfunctioning, hermit like crackpots alive in the UK. Some people just get off on spreading doom, and they write it enough, with enough conviction, that if you immerse yourself in it enough, you start to believe it. Quote Link to comment Share on other sites More sharing options...
Bourj Posted August 5, 2009 Share Posted August 5, 2009 We had the excuse for the recession (credit crunch), which in turn sent all those debt happy few to go scurrying for cover. But now we have the real HP killer -redundancies, and a lack of real money. This is just the start. People that are buying houses are the misguided few that do not feel their money is safe sat in banks or perhaps the odd HPC'er who has just prematurely brought. Time will tell, but as with any good trilogy I think this is the 2nd act and the 3rd is yet to come. Is this not just a bull run? That said if you are to believe the press then you have not lost out. House prices are still down from the peak. Most good investors wait for a market to start recovering before investing. That said my hard earned money is not going in to houses just yet. Quote Link to comment Share on other sites More sharing options...
PopGun Posted August 5, 2009 Share Posted August 5, 2009 2010 Economic and Housing Recovery...Labour returned for another term Pathetically deluded on both counts. Maybe if you closed your eyes....and wished...really really hard... Quote Link to comment Share on other sites More sharing options...
Guest Parry aka GOD Posted August 5, 2009 Share Posted August 5, 2009 Pathetically deluded on both counts. Maybe if you closed your eyes....and wished...really really hard... It's not so much that, but the fact that HPI was so rife and so severe that it has had dreadfully damaging effects on society. I just can't believe a Labour government would actively encourage crass materialism and greed. It's not what they were ever about. I like old Labour, Wedgy Benn and the like, but this crowd have been toxic. Joe, really? I mean really mush? Do you really think these people have had the country's interests at heart, long term stability and wotnot? Quote Link to comment Share on other sites More sharing options...
Guest anorthosite Posted August 5, 2009 Share Posted August 5, 2009 http://www.labour.org.uk/tools_for_your_website#joined No thanks. Quote Link to comment Share on other sites More sharing options...
Guest anorthosite Posted August 5, 2009 Share Posted August 5, 2009 Yes maybe the government should carry a legal warning to this effect and that following the government's advice can seriously damage your wealth Fixed for you Quote Link to comment Share on other sites More sharing options...
Guest anorthosite Posted August 5, 2009 Share Posted August 5, 2009 You know what happens in war films when some young soldier loses their stiff upper lip and starts to freak out before running away, and despite the square jawed hero shouting "Nooooo!" the soldier always ends up getting shot as he leaves his cover. The square jawed hero just looks sadly on knowing that if the guy had kept his nerve he might, just might have survived to fight another day. Ah Skinty, how I wish ze house price crash voz over. Quote Link to comment Share on other sites More sharing options...
pl1 Posted August 6, 2009 Share Posted August 6, 2009 Oh and if you were milling about on here you probably also wasted a once-in-a-lifetime opportunity to take part in the greatest stock market rally since '33. Oh well. Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted August 7, 2009 Share Posted August 7, 2009 Oh and if you were milling about on here you probably also wasted a once-in-a-lifetime opportunity to take part in the greatest stock market rally since '33.Oh well. Sure did, I'm not interested in the stock market in these volatile times where you can make or lose a fortune in a matter of days. I got out of the stock market in 2007, when it was 6,500 ish. What is it now, 4,500 ish? Quote Link to comment Share on other sites More sharing options...
pl1 Posted August 26, 2009 Share Posted August 26, 2009 Sure did, I'm not interested in the stock market in these volatile times where you can make or lose a fortune in a matter of days. I got out of the stock market in 2007, when it was 6,500 ish. What is it now, 4,500 ish? And oh it's gone up even more. You can speak for yourself. Me, I'm very interested in a stock market that has risen for near 5 straight months. Quote Link to comment Share on other sites More sharing options...
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