Time to raise the rents. Posted December 20, 2005 Share Posted December 20, 2005 This mornings IMF article and RICS article add weight to the FACT that the great HPC hasn't occured. I have been here at this forum now for 20 months. I am still amazed at the strange posts claiming the HPC is here and well underway. Take Whoops Apocalypse as an example: http://www.housepricecrash.co.uk/forum/ind...showtopic=20857 Or Libertina: http://www.housepricecrash.co.uk/forum/ind...showtopic=20791 Or the constant talk this last week of how bad the SIPPs reversal is. When will you people own up & admit that there has been no HPC in the UK? In fact there has barely been an HPC anywhere. Is the problem that you are so glued to the news (and we know newspapers sell bad news for a living) that you have no perspective on the world apart from what you read and that what you read, you filter with your own imagination? Get a grip people. Quote Link to comment Share on other sites More sharing options...
classixuk Posted December 20, 2005 Share Posted December 20, 2005 Merry Christmas to you too TTRTR! Quote Link to comment Share on other sites More sharing options...
E Powell Posted December 20, 2005 Share Posted December 20, 2005 I think you have been smoking too much draw or what ever you call it. You still live in a fantasy world are house prices going up ? Answers on a postcard please. Quote Link to comment Share on other sites More sharing options...
Badger Posted December 20, 2005 Share Posted December 20, 2005 This mornings IMF article and RICS article add weight to the FACT that the great HPC hasn't occured. I have been here at this forum now for 20 months. I am still amazed at the strange posts claiming the HPC is here and well underway. Take Whoops Apocalypse as an example: http://www.housepricecrash.co.uk/forum/ind...showtopic=20857 Or Libertina: http://www.housepricecrash.co.uk/forum/ind...showtopic=20791 Or the constant talk this last week of how bad the SIPPs reversal is. When will you people own up & admit that there has been no HPC in the UK? In fact there has barely been an HPC anywhere. Is the problem that you are so glued to the news (and we know newspapers sell bad news for a living) that you have no perspective on the world apart from what you read and that what you read, you filter with your own imagination? Get a grip people. no This mornings IMF article and RICS article add weight to the FACT that the great HPC hasn't occured. I have been here at this forum now for 20 months. I am still amazed at the strange posts claiming the HPC is here and well underway. Take Whoops Apocalypse as an example: http://www.housepricecrash.co.uk/forum/ind...showtopic=20857 Or Libertina: http://www.housepricecrash.co.uk/forum/ind...showtopic=20791 Or the constant talk this last week of how bad the SIPPs reversal is. When will you people own up & admit that there has been no HPC in the UK? In fact there has barely been an HPC anywhere. Is the problem that you are so glued to the news (and we know newspapers sell bad news for a living) that you have no perspective on the world apart from what you read and that what you read, you filter with your own imagination? Get a grip people. I suppose you're the kind of person who'd walk out of a movie theater after the trailers, thinking the film's never going to start. Quote Link to comment Share on other sites More sharing options...
Guy Posted December 20, 2005 Share Posted December 20, 2005 (edited) This mornings IMF article and RICS article add weight to the FACT that the great HPC hasn't occured. I have been here at this forum now for 20 months. I am still amazed at the strange posts claiming the HPC is here and well underway. .... Get a grip people. Yes I too am amazed. Only occasionally the obvious is pointed out. . . 1. No substance to the posts anymore. 2. Outlandish claims. 3. Posts are now designed to evoke a response, rather than engender reasoned argument. COME ON GUYS, TTRTR IS A TROLL! IS SO OBVIOUS WHY CAN NO ONE SEE IT??? A troll is still a troll even if they have been with us a while. Take the blinkers off! Edited December 20, 2005 by Guy Quote Link to comment Share on other sites More sharing options...
Catch22 Posted December 20, 2005 Share Posted December 20, 2005 Yes I too am amazed. Only occasionally the obvious is pointed out. . . 1. No substance to the posts anymore. 2. Outlandish claims. 3. Posts are now designed to evoke a response, rather than engender reasoned argument. COME ON GUYS, TTRTR IS A TROLL! IS SO OBVIOUS WHY CAN NO ONE SEE IT??? A troll is still a troll even if they have been with us a while. Take the blinkers off! Ayeup we are back arguing the definition of a troll again, or what is more important how it is interpeted in regards to this forum. Is it a case of trying to disrupt threads or in this case having a view at odds to the majority of posters on the forum [ with possibly a little bit of tounge in cheek needling to boot] I think the forum needs bulls like TTRTR, because without the likes of TTRTR you could liken this forum to a misslie defence system. Vaunted to be flawless in it's entirety yet it's makers not prepared to have that belief tested under duress. Quote Link to comment Share on other sites More sharing options...
Bear Goggles Posted December 20, 2005 Share Posted December 20, 2005 This mornings IMF article and RICS article add weight to the FACT that the great HPC hasn't occured. I have been here at this forum now for 20 months. I am still amazed at the strange posts claiming the HPC is here and well underway. Take Whoops Apocalypse as an example: http://www.housepricecrash.co.uk/forum/ind...showtopic=20857 Or Libertina: http://www.housepricecrash.co.uk/forum/ind...showtopic=20791 Or the constant talk this last week of how bad the SIPPs reversal is. When will you people own up & admit that there has been no HPC in the UK? In fact there has barely been an HPC anywhere. Is the problem that you are so glued to the news (and we know newspapers sell bad news for a living) that you have no perspective on the world apart from what you read and that what you read, you filter with your own imagination? Get a grip people. You're such a wind-up merchant! Quote Link to comment Share on other sites More sharing options...
Blue Peter Posted December 20, 2005 Share Posted December 20, 2005 I think the forum needs bulls like TTRTR, because without the likes of TTRTR you could liken this forum to a misslie defence system. Vaunted to be flawless in it's entirety yet it's makers not prepared to have that belief tested under duress. Agreed. Like God, if TTRTR didn't exist, we'd have to invent him. Peter Quote Link to comment Share on other sites More sharing options...
Guest Charlie The Tramp Posted December 20, 2005 Share Posted December 20, 2005 Hi TTRTR I do not consider myself a person of figures so maybe you can explain this to me. Mid 2003 houses in my area were being snatched up at 250k. If we allow for say 6% annual HP inflation, then today they would be priced at £280,900. The problem is they are now struggling to get 228k and I live in a very popular and desirable area. In the last correction in this area exactly the same thing happened from 89 to 91 hitting the bottom in 95 back to their 88 prices, then finally returning to their 89 peak in 2001. Thanks CTT Quote Link to comment Share on other sites More sharing options...
AteMoose Posted December 20, 2005 Share Posted December 20, 2005 (edited) I agree being an uber bear and being negtive about one thing or everythingis bad, but being an uber bull about everything or one thing all the time is just as bad, most people are in the middle. I think TTRTR is being simplistic, perma bears exist but in smaller quantities. IMO it is more of a scale from uber positive people to uber negative people, with most people lieing in the middle.... There are people who are permanantly bearish on one thing (or everything), that is obviously stuupid and they will always be negative and fail. There are people who are always positive on everything, very risky, want everything now gear themselves to the MAX, they may appear to be successful but will fail in the long run and end up poor. Being neither positive or negative all the time is a good thing, the other two types tend to be normal rational people There are people who are risk averse, they see risk and try and avoid it, they call a market top too soon and think about investing at the right time. Many of these will jump into a market too soon after a peak and get burnt, because they will be persuaded at the top that the market will continue to rise. There are people who risk aware, they take a risk, they have a diversified portfolio, tend to buy just after a boom starts to occur in a market, but they get out at the top or just after the top, but occasionally make a bad call... Edited December 20, 2005 by moosetea Quote Link to comment Share on other sites More sharing options...
jpidding Posted December 20, 2005 Share Posted December 20, 2005 I too welcome bulls to the forum, but not to name call or to taunt (from either side). There is, I agree a danger that we bears filter and only take notice of bear articles, hence we need to bulls to put the opposing side of the arguement. Hell, one day we ourselves will (or should) become bulls and decide to buy. This posting of your however TTRTR is just twaddle. No new news. Just another "where's the crash" thread. Whats the point in wasting everyones time with it? In fact, just having proof read my own posting I am half regretting bothering to reply. JP. Quote Link to comment Share on other sites More sharing options...
Flash Posted December 20, 2005 Share Posted December 20, 2005 If we are all such a sad bunch of "blinkered perma-bears" with "no perspective", why have you hung around almost every day for 20 months, making over 4,200 posts!!! I think this says more about you than it says about us. Quote Link to comment Share on other sites More sharing options...
Guy Posted December 20, 2005 Share Posted December 20, 2005 Ayeup we are back arguing the definition of a troll again, or what is more important how it is interpeted in regards to this forum. Is it a case of trying to disrupt threads or in this case having a view at odds to the majority of posters on the forum [ with possibly a little bit of tounge in cheek needling to boot] I think the forum needs bulls like TTRTR, because without the likes of TTRTR you could liken this forum to a misslie defence system. Vaunted to be flawless in it's entirety yet it's makers not prepared to have that belief tested under duress. We need bulls that contribute reasoned truthful argument & comment. We need bears that contribute reasoned truthful argument & comment. I make no distinction between bull and bears in this respect. However, a bull who taunts, contributes little and is 'economical' with the truth (His IP address is consistently a UK ISP for example, and I have always wondered how a successful property developer either feels the need to post here or has the time to spend here). 'Fake' bulls, or fake bears, simply obscure what's really happening. Quote Link to comment Share on other sites More sharing options...
Lou G Posted December 20, 2005 Share Posted December 20, 2005 TTRTR, It's simple.! Normal 3 bed semis near us are for sale at asking prices of £325 to £350k!!!!. These semis were £140k 4 years ago. The market is overvalued, simple as that. Wages have not increased. Thats all there is to say, the market always corrects itself. Lou Quote Link to comment Share on other sites More sharing options...
Time to raise the rents. Posted December 20, 2005 Author Share Posted December 20, 2005 TTRTR, It's simple.! Normal 3 bed semis near us are for sale at asking prices of £325 to £350k!!!!. These semis were £140k 4 years ago. The market is overvalued, simple as that. Wages have not increased. Thats all there is to say, the market always corrects itself. Lou Spot on Lou G. The market always corrects itself. They were too cheap before and have corrected. Quote Link to comment Share on other sites More sharing options...
Guest Charlie The Tramp Posted December 20, 2005 Share Posted December 20, 2005 Spot on Lou G. The market always corrects itself. They were too cheap before and have corrected. Come TTRTR that`s the coward way out. Quote Link to comment Share on other sites More sharing options...
VacantPossession Posted December 20, 2005 Share Posted December 20, 2005 TTRTR is not a troll, and there are much fewer trolls around than is often claimed. The word troll has quite wrongly been hi-jacked and applied to anyone who disagrees with the prevailing view on a forum. This is an unfortunate misuse of a useful word and diminishes its meaning. A troll is someone whose presence on a forum is there for no other purpose than to annoy, irritate and undermine others without any regard for tangible debate. I probably disagree with every single one of TTRTR's thousands of posts, but that does not make him a troll. If this forum is not to become a self-congratulatory mouthpiece for one view then it has to allow for dissenting opinions, and that shouldn't be a problem because rational arguments backed up with insight and believable facts always outweigh, in the end, innacurate speculation and prejudice. Please do not throw the word troll around without thinking a little. VP Quote Link to comment Share on other sites More sharing options...
ʎqɐqɹǝʞɐɥs Posted December 20, 2005 Share Posted December 20, 2005 This mornings IMF article and RICS article add weight to the FACT that the great HPC hasn't occured. I have been here at this forum now for 20 months. I am still amazed at the strange posts claiming the HPC is here and well underway. Take Whoops Apocalypse as an example: http://www.housepricecrash.co.uk/forum/ind...showtopic=20857 Or Libertina: http://www.housepricecrash.co.uk/forum/ind...showtopic=20791 Or the constant talk this last week of how bad the SIPPs reversal is. When will you people own up & admit that there has been no HPC in the UK? In fact there has barely been an HPC anywhere. Is the problem that you are so glued to the news (and we know newspapers sell bad news for a living) that you have no perspective on the world apart from what you read and that what you read, you filter with your own imagination? Get a grip people. Ho ho ho! Quote Link to comment Share on other sites More sharing options...
Duplex Posted December 20, 2005 Share Posted December 20, 2005 Quote Link to comment Share on other sites More sharing options...
AssetIndigestion Posted December 20, 2005 Share Posted December 20, 2005 Bishop Greenspan ?? The man hasn't converted has he ? I'm sure he'd personally prefer Rabbi Greenspan! Quote Link to comment Share on other sites More sharing options...
Duplex Posted December 20, 2005 Share Posted December 20, 2005 Quote Link to comment Share on other sites More sharing options...
Time to raise the rents. Posted December 20, 2005 Author Share Posted December 20, 2005 Stick this in your bear pipe & smoke it: http://www.sky.com/skynews/article/0,,3040...6,00.html?f=rss Quote Link to comment Share on other sites More sharing options...
Guest Charlie The Tramp Posted December 20, 2005 Share Posted December 20, 2005 Stick this in your bear pipe & smoke it: http://www.sky.com/skynews/article/0,,3040...6,00.html?f=rss I bet a lot of that was MEWing to pay for Christmas and to consolidate their CC debts. A friend of mine a long established credit broker in South London has had his best trading results this current quarter for consolidation remortgages. Quote Link to comment Share on other sites More sharing options...
Brian Potter Posted December 20, 2005 Share Posted December 20, 2005 Sorry, but anacdotal evidence of my own observations is what I trust. Lots of 'for sale' signs, not very many 'sold' signs and properties on market for over 12 months. Hardly the sign of a feisty market. Prices will have to correct - simple as that. Quote Link to comment Share on other sites More sharing options...
Guest Charlie The Tramp Posted December 20, 2005 Share Posted December 20, 2005 Hi TTRTR I do not consider myself a person of figures so maybe you can explain this to me. Mid 2003 houses in my area were being snatched up at 250k. If we allow for say 6% annual HP inflation, then today they would be priced at £280,900. The problem is they are now struggling to get 228k and I live in a very popular and desirable area. In the last correction in this area exactly the same thing happened from 89 to 91 hitting the bottom in 95 back to their 88 prices, then finally returning to their 89 peak in 2001. Thanks CTT So no comment then TTRTR Quote Link to comment Share on other sites More sharing options...
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