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Doom Merchants Look Foolish

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Guest consa

I think these guys need some replies to this article, anyone care to do the honours?

Sod it lets all do it, get busy :lol:

Doom merchants look foolish as house price crash fails to materialise 

Many housing market experts are beginning to look foolish entering the final months of 2005, as the crash in prices predicted by many fails to materialise and looks increasingly unlikely to do so.

 

In addition, experts at the forthcoming Property Investor Show (23 to 25 September, ExCeL London) are broadly in agreement that the remainder of the year is likely to see continuing stabilisation in house prices, with plenty of opportunities for property investors to be making money, providing they are investing in the right areas.

http://www.mortgageintroducer.com/news/new...p?unqueid=14258

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Guest Charlie The Tramp
I think these guys need some replies to this article, anyone care to do the honours?

If every you come across doubters hand them a copy of the latest Credit Action Stats and the latest Q for personal bankrupties, it always p****s on their parade.

End of conversation. <_<

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Guest consa
If every you come across doubters hand them a copy of  the latest Credit Action Stats and the latest Q for personal bankrupties, it always p****s on their parade.

End of conversation.  <_<

Nicely put :D

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I think these guys need some replies to this article, anyone care to do the honours?

Sod it lets all do it, get busy :lol:

http://www.mortgageintroducer.com/news/new...p?unqueid=14258

Do they think it's a sudden event like an astroid or something, it works like a train crash in slow motion, people didn't suddenly wake up in 1989 with 50% knocked off their homes in one day, it took 2-3 years to pan out, 0.2% fall per month here, 0.5% there.

It's like the Titanic slow heading toward the iceburg and saying "look, those doom mongers were wrong!"

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Guest Charlie The Tramp
It's like the Titanic slow heading toward the iceburg and saying "look, those doom mongers were wrong!"

Titanic was hit by one iceberg, I can see two. <_<

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In addition, experts at the forthcoming Property Investor Show (23 to 25 September, ExCeL London) are broadly in agreement that the remainder of the year is likely to see continuing stabilisation in house prices, with plenty of opportunities for property investors to be making money, providing they are investing in the right areas.

Of course there is no vested interest in reaching this agreement for your own spruiker show is there....

Anyone going along to post HPC posters all over the place outside :D

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I think these guys need some replies to this article, anyone care to do the honours?

Sod it lets all do it, get busy :lol:

http://www.mortgageintroducer.com/news/new...p?unqueid=14258

anybody still being taken in by **** like this deserves all they get. falling prices are being reported widely enough for this article to be seen as desperate nonsense by all but the most stupid. having said that, and to paraphrase Frank Zappa, "stupidity is the building blocks of the universe" :rolleyes:

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It's like the Titanic slow heading toward the iceburg and saying "look, those doom mongers were wrong!"

I'd say it's more like the Titanic _after_ it hit the iceberg, when the first lifeboats have rowed away and the majority are laughing at them for thinking the ship is at risk.

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In addition, experts at the forthcoming Property Investor Show (23 to 25 September, ExCeL London) are broadly in agreement that the remainder of the year is likely to see continuing stabilisation in house prices, with plenty of opportunities for property investors to be making money, providing they are investing in the right areas.

Of course there is no vested interest in reaching this agreement for your own spruiker show is there....

Anyone going along to post HPC posters all over the place outside :D

This "broadly in agreement" is designed to give you the impression that there's been some serious debate about it and in their balanced, and "expert" don't forget, opinion, the consensus is that it won't happen.

The little people can rest assured that these experts have done the hard analysis and debated all the points and concluded that everything is fine.

It's classic spin.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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