Uncas Posted April 4, 2012 Share Posted April 4, 2012 http://www.dailymail.co.uk/debate/article-2124941/UK-house-prices-Market-heading-crash.html?ito=feeds-newsxml I just found this jewel... Quote Link to comment Share on other sites More sharing options...
tinker Posted April 4, 2012 Share Posted April 4, 2012 It's like it's written by someone on here! Quote Link to comment Share on other sites More sharing options...
thecrashingisles Posted April 4, 2012 Share Posted April 4, 2012 I like that they have a separate section called Right Minds. Is that as opposed to the rest of their content? Quote Link to comment Share on other sites More sharing options...
wonderpup Posted April 4, 2012 Share Posted April 4, 2012 Maybe the mail is trying to inoculate it's readers from reality using the vaccination method- a small controlled exposure every now and then to build up resistance combined with large doses of 'House price joy for millions as prices recover' headlines. Long after the market has crashed daily mail readers will still be living in half a million pound semi's that nobody seems to want to buy from them. Quote Link to comment Share on other sites More sharing options...
@contradevian Posted April 4, 2012 Share Posted April 4, 2012 What an excellent article. Someone is destined for an unscheduled hill walking holiday. Quote Link to comment Share on other sites More sharing options...
SleepyHead Posted April 4, 2012 Share Posted April 4, 2012 Wow. One person has broke cover from the UKs mass delusion. Excellent. Quote Link to comment Share on other sites More sharing options...
Charlie The Tramp Returns Posted April 4, 2012 Share Posted April 4, 2012 Prices are high because money is still being pumped relentlessly into the economy by the Bank of England. Read more: http://www.dailymail.co.uk/debate/article-2124941/UK-house-prices-Market-heading-crash.html#ixzz1r6eX8icI I was not aware ISTBC that this money went into the housing market for easily obtainable mortgages but was invested in the Financial Markets by the money sharks to make more obscene profits. Quote Link to comment Share on other sites More sharing options...
swissy_fit Posted April 4, 2012 Share Posted April 4, 2012 Great article, wrong conclusion. The banks have won, they have their people in power. They'll clamour for more money and they'll get it. Quote Link to comment Share on other sites More sharing options...
Bes Posted April 4, 2012 Share Posted April 4, 2012 Excellent stuff. I have noticed a massive turn-around in the last few weeks... I think everyone is expecting falls now. I was even reading a rather bearish article in The Economist about European house prices this morning- let's hope it all turns out to be true! Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted April 4, 2012 Share Posted April 4, 2012 http://www.dailymail.co.uk/debate/article-2124941/UK-house-prices-Market-heading-crash.html?ito=feeds-newsxml I just found this jewel... Are you Mitch - the Daily Mail writer? Well spotted. Incredibly bearish for the Mail. Wonder if it is in the paper and how prominent it is today/tomorrow. Quote Link to comment Share on other sites More sharing options...
inflating Posted April 4, 2012 Share Posted April 4, 2012 Are you Mitch - the Daily Mail writer? Well spotted. Incredibly bearish for the Mail. Wonder if it is in the paper and how prominent it is today/tomorrow. Looks to me like it's some sort of online blog section, not in the printed version, unfortunately. Quote Link to comment Share on other sites More sharing options...
Uncas Posted April 4, 2012 Author Share Posted April 4, 2012 excellent first post - welcome to the site Thanks. I've been a long term forum reader but just couldn't resist posting this article. I knew it will be well appreciated here Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted April 4, 2012 Share Posted April 4, 2012 Looks to me like it's some sort of online blog section, not in the printed version, unfortunately. Just checked some of the other stories and they have appeared in the paper. Really want this on the front page - but I suppose the Mail is like a slow turning oil tanker. Quote Link to comment Share on other sites More sharing options...
timebandit Posted April 4, 2012 Share Posted April 4, 2012 Thank you OP Mitch Feierstein Mitch Feierstein knows the financial industry inside out. For the past 30 years, he consistently created opportunity and value where others have failed to look. He is a highly successful hedge-fund manager and CEO of the Glacier Environmental Fund Limited. Prior to Glacier he was Senior Portfolio Manager of the Cheyne Carbon Fund, part of one of the largest and best-respected hedge-fund groups operating in Europe. He has acted as a consultant for a number of governments in their disaster and contingency planning. He divides his time between London and New York. Or you could follow on Twitter PlanetPonzi a blog that loves accountability, transparency and truth. Planet Ponzi is now available. Join the Movement! London, UK Quote Link to comment Share on other sites More sharing options...
timebandit Posted April 4, 2012 Share Posted April 4, 2012 We found our new home PlanetPonzi is a blog that loves accountability, transparency and truth. We applaud and commend those who question and those who challenge authority. We love folk who make things and invent things, and anyone who works hard and or raises a family.Planet Ponzi does not like evasion, lies, or spin. We hate debt. We hate bailouts. We loathe lobbyists and tax-avoiders and economy-wrecking bankers. We do not trust our politicians. We do not trust a corporate owned-media to speak the truth. Planet Ponzi believes in the power of the individual. We believe in change. Our mantra is Transparency, Oversight, Regulation and Accountability. TORA, TORA, TORA! We welcome you on board. Quote Link to comment Share on other sites More sharing options...
South Lorne Posted April 4, 2012 Share Posted April 4, 2012 http://www.dailymail.co.uk/debate/article-2124941/UK-house-prices-Market-heading-crash.html?ito=feeds-newsxml I just found this jewel... ...imagine ...did they not take into account the effects of the budget a few weeks ago....?.....slow thinking.... Quote Link to comment Share on other sites More sharing options...
Guest_James Toney_* Posted April 4, 2012 Share Posted April 4, 2012 must be a joke, cant see tem printing this, it is far too good, real HPC porn Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted April 5, 2012 Share Posted April 5, 2012 I'll try and check out today's and yesterday's DM for it if I am passing the library. Quote Link to comment Share on other sites More sharing options...
bomberbrown Posted April 5, 2012 Share Posted April 5, 2012 It's interesting how rarely you see graphs in the media with full axes and sufficient history to see what's been happening. For realists only: Sorry to be the party pooper, but those graphs show nominal prices, rather than real prices. This is disappointing because this anomily is what the VI's will use to discredit what is an otherwise compelling article. Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted April 5, 2012 Share Posted April 5, 2012 Righty-ho I might pop into an EA office on the way... trying to give them up... no fun anymore... Quote Link to comment Share on other sites More sharing options...
bendy Posted April 5, 2012 Share Posted April 5, 2012 It's interesting how rarely you see graphs in the media with full axes and sufficient history to see what's been happening. For realists only: Stange one that graph ain't it - it's between the early 70's and 1990 that is the real disgusting thing after leaving the gold standard. They double trebled in that 20 year timeframe, at least they only trebled in the next 20. Quote Link to comment Share on other sites More sharing options...
winkie Posted April 5, 2012 Share Posted April 5, 2012 I might pop into an EA office on the way... trying to give them up... no fun anymore... ....see you print off a few copies before you go to leave inconspicuously on the desks. Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted April 5, 2012 Share Posted April 5, 2012 ....see you print off a few copies before you go to leave inconspicuously on the desks. Wouldn't do any good I fear. It - Swansea - is like one of those Star Trek episodes where Kirk, Spock and Bones return from an away mission only to discover all the crew acting strange, as if they have been taken over by some alien power that controls their thoughts. Maybe I should try a Vulcan mind meld - now, that would be a scary thing. Quote Link to comment Share on other sites More sharing options...
bomberbrown Posted April 5, 2012 Share Posted April 5, 2012 call me a bluff old traditionalist but I prefer nominal charts.Inflation figures are never fudged are they? To your credence, when you put the nominal and real graphs together there really isn't that greater difference, but it did need pointing out. Quote Link to comment Share on other sites More sharing options...
@contradevian Posted April 5, 2012 Share Posted April 5, 2012 Sorry to be the party pooper, but those graphs show nominal prices, rather than real prices. This is disappointing because this anomily is what the VI's will use to discredit what is an otherwise compelling article. Possibly but those graphs only go back to the 70's. House prices more or less flat lined since the the time the universe exploded into existence, up until the mid 60's. Quote Link to comment Share on other sites More sharing options...
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