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The Masked Tulip

Why Britain's House Price Crash Is Far From Finished

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They are predicting the worst of all outcomes ( I suspect) for the STR brigade.... a 35% fall over 12 years ( mirroring the jap model).... most who crave a crash want a huge drop complete with huge overcorrection so that they can get on the ladder/fill their boots.... they want it just like the previous one..... thats why everyones got so excited about the current rise representing a bull trap etc etc..... personally I think the pundits in the quote may have a fair shot at being on right.

On that basis personally I would prefer to be owning a house than renting right now... not becasue I think owning would necessarilly be a better bet financially but just that I couldn't face renting for 12 years for house prices to reach their low point vs earnings... besides in a market like that its quite likely that the properties I would be interested in wouldn't fare too badly so I'd have been potentially waiting for a drop which never came.

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So, basically what you're saying is that this is a puff-piece from a VI.

Haha!...love it...looks like it is...but the shoes on the other foot lol.

that is so ironic....:lol:

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Alebit a VI with a modicum of common sense, prepared to act upon his beliefs, unlike the VI bulls.

No, that's a ridiculous generalising comment and just sums up why people don't think they can have a proper debate around here.

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They are predicting the worst of all outcomes ( I suspect) for the STR brigade.... a 35% fall over 12 years ( mirroring the jap model).... most who crave a crash want a huge drop complete with huge overcorrection so that they can get on the ladder/fill their boots.... they want it just like the previous one..... thats why everyones got so excited about the current rise representing a bull trap etc etc..... personally I think the pundits in the quote may have a fair shot at being on right.

On that basis personally I would prefer to be owning a house than renting right now... not becasue I think owning would necessarilly be a better bet financially but just that I couldn't face renting for 12 years for house prices to reach their low point vs earnings... besides in a market like that its quite likely that the properties I would be interested in wouldn't fare too badly so I'd have been potentially waiting for a drop which never came.

Generalised tosh.

I do not want to make my fortune by timing it right for the next big leg up!!!! Most of us on here would say that ain’t going to happen anyway!

I do not want to profit from my general reading and awareness of wider economic issues which will come to effect the housing market in the long term. Although surely that is a better footing than some spiv who rides on the back of a housing market ‘cos pwwwoperty is a good investment’.

All I want is to pay a fair price and not expect my children to have to enter a pyramid con, with the cost of others (banks, BTLtossers, greedy/untalented amateur speculators) paid by future generations. A morally bankrupt notion for a fast approaching bankrupt nation if ever there was on.

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Yeah I'm glad someone has pointed out that this is just as bad VI spin crap as all the stuff you guys hate so much. Totally one-sided sales type crap.

Careful your mask is slipping. :ph34r:

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No, that's a ridiculous generalising comment and just sums up why people don't think they can have a proper debate around here.

Indeed.

This spurious we're all VIs boolshit constantly raises its head.

Theres a difference between being a Vested Interest and having a vested interest.

The banks, EAs, Surveyors et all benefit from the market and have the power and influence to effect it.

Oh, and will often spin spin spin to do so to their benefit.

No idea how this compares to a single reporter who sold near the peak of an obvious bubble.

Frothing bull nonsense in other words.

Besides which, money week were one of the few commentators who predicted the crash no one else saw coming.

So VI or not, anyone whos not an imbecile might factor that into their assessments.

B

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