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Renewed Investor

Double Top In House Prices?

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why the whopping great mega boom following tho? surely the long term trend is much shallower than that?

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This is better than candlesticks imo.

BRB, analyzing other markets with comic book superhero patterns. This time next year, I'll be a meeeeleeeeonaire!

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What follows the crash is just a doodle really, I have no idea where the market would go after such an event. Double tops tend to signal things are over for a while but we all know how the Government likes to intervene.

This is the crux of the problem, isn't it? Government intervention. Arguably, we should have had a dip in 2005 (and in parts of London we did) - but interest rates were lowered to avoid it. Since 2009, we've had all manner of crazy schemes to inflate the bubble again.

We could well end up with the mohican wearing cat (a triple top or worse) given the sheer bonkersness. It would be really good to truly understand why it's being done. Is it simply to prop up GDP, keep voters on side with HPI, keep the zombie banks alive or a mix of factors.

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You will see the BOW panic if asset prices start to deflate, currently they (Mark Carney - BOE propaganda spokesman) is extremely quiet. Im not really sure what the BOW can do except devalue as they usually just follow the states so if the print again now, they will certainly devalue.

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Why do they work so hard to prop up prices? personal greed and self interest is the main reason.. Surround themselves with other beneficiaries, like bankers, Mr Central bank and his chums down at the BOE, big wig media owners with massive portfolios and you have a recipe for the current insane prices and a massive incentive to invent more scams regardless of the ultimate cost to the real (but apparently stupid) population.

Edited by steve99

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Why do they work so hard to prop up prices? personal greed and self interest is the main reason.. Surround themselves with other beneficiaries, like bankers, Mr Central bank and his chums down at the BOE, big wig media owners with massive portfolios and you have a recipe for the current insane prices and a massive incentive to invent more scams regardless of the ultimate cost to the real (but apparently stupid) population.

Currently they have big problems convincing the world that the UK has a viable economy, clearly anyone with a brain can look past the propaganda and see that we have nothing other than a failed finance and service economy that only exists because of the influx of cheap labour, huge amounts of government meddling and money printing, and the public reluctance to make a stand against it.

The scam can only continue without serious repercussions if the public are bombarded with constant state propaganda and intervention to influence as much as possible how we think, behave and spend our tokens, the problem is that the truth of our situation is currently beginning to over shadow the lie, so the fact we don't earn enough to keep up with the ever increasing costs of living and housing ourselves or that people who are working are unable to feed themselves, the list goes on and this is now becoming obvious to everyone, even the non thinkers amongst us. The "government" have only one agenda now, keep in power as long as possible, avoid any change that may disrupt their and their chums ability to cream off whats left of the wealth and pretend they have a plan to "fix it".

All just my opinion of course, what do I know I'm just another prole.

Edit: Oh I forgot to mention, love the graph! Even batman can't save us now!

Edited by JustAnotherProle

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As speculators and even Government intervene and leverage up the market, wages have failed to keep up. Sooner or later something has to give, and Batman says it is upon us.

ukhousingbatman2015_zpsdef9209a.png

Lol, but but right wing/cape needs to keep going down, not up again.

Permanently lower, and then stable, house prices is my hope. I will never become a crash-and-hope-for-big-HPIer.

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Doge top. Much joy. So increase.

c03.jpg

post-30275-0-92180700-1421183193_thumb.jpg

Edited by chronyx

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