robo1968 Posted October 7, 2010 Share Posted October 7, 2010 (edited) Denial, return to normal, fear, new paradigm..... have got bored with it all and have had a go myself Edited October 7, 2010 by robo1968 Quote Link to comment Share on other sites More sharing options...
Confounded Posted October 7, 2010 Author Share Posted October 7, 2010 It is an early call but I believe the fear phase has just started. Of the areas I monitor a dramatic change in the market has occurred in the last month. Several of these markets fall into the hot market category where they nearly erased 2008 falls by early summer. With the new coalition showing little sign of wanting to falsely support the market it looks like the final phase of the healing process has begun. A good alternative graph. Quote Link to comment Share on other sites More sharing options...
Noginthenog Posted October 7, 2010 Share Posted October 7, 2010 (edited) Until interest rates go up nothing will change. Sure a few people have lost their jobs, but for the rest in work they've seen interest rates make housing so stupidly cheap it's a joke. Interest rates won't be going up, we are all going to pay for this banking **** up through an inflation tax! Printy, Printy.... Edited October 7, 2010 by Noginthenog Quote Link to comment Share on other sites More sharing options...
eric pebble Posted October 7, 2010 Share Posted October 7, 2010 It's less to do with people losing their jobs and being forced to sell. The fear comes from realisation that incomes will not be high enough to support current price levels and if I can sell now to a sucker that will pay something like 2007 prices using a LIAR LOAN - I can make money and That if I wait, I'll be stuck with the other mugs who paid 50% more than my house is worth. Quote Link to comment Share on other sites More sharing options...
Confounded Posted October 7, 2010 Author Share Posted October 7, 2010 Some great charts appearing today for some reason :-) Quote Link to comment Share on other sites More sharing options...
robo1968 Posted October 7, 2010 Share Posted October 7, 2010 Some great charts appearing today for some reason :-) Wth pictures too!!!! Cool This one is interesting http://www.youtube.com/watch?v=DCx-EWwh0IA Quote Link to comment Share on other sites More sharing options...
eric pebble Posted October 7, 2010 Share Posted October 7, 2010 Some great charts appearing today for some reason :-) A certain cretin called G Brown lies behind the bankrupting of the UK. He should be put in front of a firing squad for treason. :angry: Quote Link to comment Share on other sites More sharing options...
eric pebble Posted October 7, 2010 Share Posted October 7, 2010 Some great charts appearing today for some reason :-) A certain cretin called G Brown lies behind the bankrupting of the UK. He should be put in front of a firing squad for treason. :angry: Quote Link to comment Share on other sites More sharing options...
Tired of Waiting Posted October 8, 2010 Share Posted October 8, 2010 (edited) A certain cretin called G Brown lies behind the bankrupting of the UK. He should be put in front of a firing squad for treason. :angry: I think the best strategy is to start by demanding a Public Inquiry, but on the root cause of the crisis: the unchecked emergence on the credit bubble. That will get Brown. . Edited October 8, 2010 by Tired of Waiting Quote Link to comment Share on other sites More sharing options...
Confounded Posted October 8, 2010 Author Share Posted October 8, 2010 I think the best strategy is to start by demanding a Public Inquiry, but on the root cause of the crisis: the unchecked emergence on the credit bubble. That will get Brown. . Not sure if you can remember but during the peak of the first phase of the financial crisis there was an RBS whistle blower. He claimed to have evidence that linked Brown to the reckless lending, the whistle blower very quickly disappeared from media attention. That was enough for me to conclude that Brown had pressurised the banks to lend recklessly in the final stages of the bubble and it also explained why the senior bankers at the helm showed little to know remorse for the mess we are in. Quote Link to comment Share on other sites More sharing options...
red Posted October 8, 2010 Share Posted October 8, 2010 Denial, return to normal, fear, new paradigm..... have got bored with it all and have had a go myself Like it. Quote Link to comment Share on other sites More sharing options...
Tired of Waiting Posted October 8, 2010 Share Posted October 8, 2010 Not sure if you can remember but during the peak of the first phase of the financial crisis there was an RBS whistle blower. He claimed to have evidence that linked Brown to the reckless lending, the whistle blower very quickly disappeared from media attention. That was enough for me to conclude that Brown had pressurised the banks to lend recklessly in the final stages of the bubble and it also explained why the senior bankers at the helm showed little to know remorse for the mess we are in. I believe that is quite possible. But just the episode of the removal of housing costs from the inflation index would be enough. It is on public record, including in Parliament, when Committees interviewed Mervyn King. Slum duck case. Quote Link to comment Share on other sites More sharing options...
robo1968 Posted October 8, 2010 Share Posted October 8, 2010 Indeed as long as we don't get government intervention the increase in falls are a given . Here in a town just outside Bournemouth i am seeing .................. As a fellow Bournemouthonian I see the same. Will never tire of seeing estate agents and pwoperty types suffer, the whole area has depended on house prices for the last decade. It's all around, that's for sure Quote Link to comment Share on other sites More sharing options...
robo1968 Posted October 8, 2010 Share Posted October 8, 2010 (edited) Classic. This has almost as much potential as Daddy Bear's signature. Brilliant! Worth starting a little competition I reckon, winner gets a caravan! Edited October 8, 2010 by robo1968 Quote Link to comment Share on other sites More sharing options...
Confounded Posted October 8, 2010 Author Share Posted October 8, 2010 (edited) Classic. This has almost as much potential as Daddy Bear's signature. My version.... Your made up version or your version? Edited October 8, 2010 by Confounded Quote Link to comment Share on other sites More sharing options...
robo1968 Posted October 8, 2010 Share Posted October 8, 2010 (edited) It's my version of the hpc.co.uk version. Argh! I can't get it to show as a straight forward picture!:angry: Edited October 8, 2010 by robo1968 Quote Link to comment Share on other sites More sharing options...
robo1968 Posted October 8, 2010 Share Posted October 8, 2010 upload using tinypic and then right click on the uploaded picture, select 'copy image location' and paste in hpc Thanks for that! Quote Link to comment Share on other sites More sharing options...
R K Posted October 8, 2010 Share Posted October 8, 2010 Quote Link to comment Share on other sites More sharing options...
Custard Insurance Posted October 8, 2010 Share Posted October 8, 2010 Quote Link to comment Share on other sites More sharing options...
robo1968 Posted October 8, 2010 Share Posted October 8, 2010 Quote Link to comment Share on other sites More sharing options...
gravity always wins Posted October 8, 2010 Share Posted October 8, 2010 (edited) Edited October 8, 2010 by gravity always wins Quote Link to comment Share on other sites More sharing options...
robo1968 Posted October 8, 2010 Share Posted October 8, 2010 Quote Link to comment Share on other sites More sharing options...
R K Posted October 8, 2010 Share Posted October 8, 2010 The real cause of the housing bubble (apparently) Quote Link to comment Share on other sites More sharing options...
robo1968 Posted October 8, 2010 Share Posted October 8, 2010 (edited) Does someone want to do one comparing the experiences of a 'boomer' versus an FTB? Now I know how to use it! Edited October 8, 2010 by robo1968 Quote Link to comment Share on other sites More sharing options...
Kazuya Posted October 8, 2010 Share Posted October 8, 2010 Holy cr*p! Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.