Jump to content
House Price Crash Forum
Sign in to follow this  
munimula

Moneyweek Article

Recommended Posts

A very good article. Sounds like it could be a bad year for people with a lot of debt and money invested in Property who were hoping to make a packet

Share this post


Link to post
Share on other sites
Guest Charlie The Tramp

Many of you will probably not enjoy this bit:

"Or maybe they are indeed no longer deterred by the hopelessly wrong prophets of doom."

In the same article

So now is NOT the time to increase your exposure to UK residential property. The prophets of doom may have finally got it right...just as they change their tack, and decide that in fact things will work out just fine.

Beware residential property.

Share this post


Link to post
Share on other sites

"Or maybe they are indeed no longer deterred by the hopelessly wrong prophets of doom."

It doesn't matter who you follow as eventually they will be right. However if the horse you have been backing wins three years on the trot it may be sensible to start backing a different horse.

Yes the boom may still be continuing but it has to end. Then the bust will begin and eventually that will end.

The economy is a cycle based on credit availabilty. Look where we are at the moment and you can see what is happening.

Edited by eek

Share this post


Link to post
Share on other sites

The problem with Moneyweek, and the reason I cancelled my sub, is that their timing has been hopeless; like a stopped clock. Also their advice on equities has been abysmal.

James Ferguson is the only Moneyweek correspondant who calls things right and gets the timing right.

Share this post


Link to post
Share on other sites

It doesn't matter who you follow as eventually they will be right. However if the horse you have been backing wins three years on the trot it may be sensible to start backing a different horse.

THIS HORSE HAS BEEN DOPED UP TO THE EYEBALLS......IT'S ABOUT TO BE DISQUALIFIED

Share this post


Link to post
Share on other sites

James Ferguson is the only Moneyweek correspondant who calls things right and gets the timing right.

I disagree. James Ferguson was very sceptical on gold around 12 months ago and we know what's happened since don't we? ;)

Share this post


Link to post
Share on other sites

I disagree. James Ferguson was very sceptical on gold around 12 months ago and we know what's happened since don't we? ;)

He's been correct on property, equities and the consumer downturn, though.

Share this post


Link to post
Share on other sites

House price inflation is always associated with growing credit facilities and easing lending criteria. House price deflation can be plotted against reducing credit facilities and tightening of lending criteria. One follows the other as sure as night follows day.

And we should note that's not the same as interest rates.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.