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apom

Its Driving Me Nuts..

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But seriously..

We get one story announcing price drops..

then another one the next day will anounce a recovery..

I have seen the crash anounced one day.. and a few days later the boom is back..

on the same program..

Its like ping pong..

The bears grab one thread.. the bulls another..

to and fro..

time and again..

Its all rubbish..

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Rumours and counter rumours--see Rightmove's theory that prices are rising--they say HPI is up 250% in one month because "asking prices" have increased. The market is on a knife's edge and the VIs are desparate to avoid a stampede. Every VI has their own way of spinning the numbers where a drop can be shown as an increase depending on how you approach the numbers. To me, reality is in the number of for sale (or sold "subject to contract") signs I see in my area and the growing numbers of homes appearing in EA windows with "new price" (EA speak for price reduced) printed on the details. Remember, no market in the history of economics has risen forever and every bubble bursts--no exceptions.

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Guest Charlie The Tramp
The average asking price has risen to nearly £200,000, it emerged yesterday. The figure, which is up by more than £1,500 in a month, was hailed as proof that the property market is ` the bubble that never burst`.

Experts said it was a sign that the boom has had a soft landing.

Looks like I`ve missed the boat. :(

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who are these experts...??

I mean..

Take away all of the arguments and the points and the experts opinions..

The interest rates. the debt burden.. bah.. blah..

It all comes down to one thing that can't be argued..

There has never been a bubble that hasn't burst..

not once.. not ever..

Nope.. not happened..

NEVER ONCE IN HISTORY...

and there have been hundreds of bubbles...

they all have burst..

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The micro chip was not a bubble.

although it has dropped in value massivly.

It changed the world...

t was the biggest impact on society since the steam engine..

and the markets do fluctuate..

computer memory prices will change by 100% over a two year period..

Up and down..

price wars..

and there was a good reason why the microchip made money..

your not comparing the microchips impact on the world with the housing market..???

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The micro chip was not a bubble.

although it has dropped in value massivly.

It changed the world...

t was the biggest impact on society since the steam engine..

and the markets do fluctuate..

computer memory prices will change by 100% over a two year period..

Up and down..

price wars..

and there was a good reason why the microchip made money..

your not comparing the microchips impact on the world with the housing market..???

Not sure! I just googled "BUBBLES THAT DIDN'T BURST"

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The micro chip was not a bubble.

although it has dropped in value massivly.

It changed the world...

t was the biggest impact on society since the steam engine..

...

your not comparing the microchips impact on the world with the housing market..???

Yeah, housing was revolutionary as well! (despite Fred's reminisence of the fire in the grate those tin sheds were damp and cold and people got tuberculousis on a regular basis) As you pointed out, the microchip dropped in price as it became a consumable to become universally affordable... but I guess its back to the tin shed and those superb Brother typewriter keyboards...

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Looks like I`ve missed the boat. :(

Didnt you also miss the Titanic by a darned whisker because the night before you were courting a young frisky filly and had to quickly return the next morning on the day of the maiden voyage to collect your forgotten flat-cap?

Or was that Foxy?

:unsure::unsure::unsure::unsure:

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yes. cameo summed it up with a hit they wrote in the mid eighties about housing.

heres a special kind of person,

sometimes shes not all she seems,

you only see what she wants you to see,

and before you really know, it always seems to go...

Back Back Forth and forth,

back back and forth and forth,

back back forth and forth,

our love goes.

back back and forth,

Tick stamps dip and dap, forever trying to find your way,

If it ever plummits for all the love we spent.

you must of thought it was a thought of misfit.

you cant do it. like that...

it'll make ya blow ya cap..

sacrafice anything in money

love has no quarantees it'll always merely be..

Back Back Forth and forth,

back back and forth and forth,

back back forth and forth,

our love goes.

back back and forth,

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The crash may take 7 years..............i'm like Fred earning plenty in the North but living this odd existence in a rented HA flat but in such a nice area i could stay here indefinitely if the crash fails to materialise..........

The crash will occur by stealth as the market for houses isn't liquid like that for shares.........(shares might faLL 10% IN A DAY in a crash)

The stagnation scenario depends on strong economic fundamentals........which i don't believe we have..........

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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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