Samuel Whiskers Posted December 22, 2005 Share Posted December 22, 2005 I have been looking again at Fred Harrison's "Boom bust, house prices, banking and the depression of 2010" It seems that things could move in line with his predictions. If prices resume their upward trajectory then it would conform to his "winners curse" idea - that before the really substantial crash there will be a runaway phase of further speculation and only then will we reach the cataclysmic phase. Happy Holidays to everybody. Quote Link to comment Share on other sites More sharing options...
Time to raise the rents. Posted December 26, 2005 Share Posted December 26, 2005 (edited) So what you are basically saying is there is no crash due at the moment. Thanks. Edited December 26, 2005 by Time to raise the rents. Quote Link to comment Share on other sites More sharing options...
Guest Bart of Darkness Posted December 26, 2005 Share Posted December 26, 2005 So what you are basically saying is there is no crash due at the moment. Thanks. Desperate for whatever reassurance you can get eh TTRTR? Quote Link to comment Share on other sites More sharing options...
Spikey Posted December 26, 2005 Share Posted December 26, 2005 I think what he was really saying is if you are smart you would already be out... If not you should come to forums and say how much money you are making.......oh... and keep praying it will never stop! Like I said the smart guys would be out already because they know a boom always leads to a crash.... its the way of the world! Maybe not today... Maybe not tomorrow... But soon and for the rest a long time! Quote Link to comment Share on other sites More sharing options...
Time to raise the rents. Posted December 26, 2005 Share Posted December 26, 2005 Desperate for whatever reassurance you can get eh TTRTR? Just trying to help you nice people work out what it means Bartett. A speculative bubble starting here, followed by a crash, would mean that you should buy now, because even the crash won't bring it back to todays levels. Quote Link to comment Share on other sites More sharing options...
right_freds_dead Posted December 26, 2005 Share Posted December 26, 2005 do you think there will be a spring bounce this year ? Quote Link to comment Share on other sites More sharing options...
Time to raise the rents. Posted December 26, 2005 Share Posted December 26, 2005 do you think there will be a spring bounce this year ? If we see the predicted interest rate drops, then yes, but hopefully not by too much. We wouldn't want more IR drops to be prevented would we? Quote Link to comment Share on other sites More sharing options...
Spikey Posted December 26, 2005 Share Posted December 26, 2005 (edited) If we see the predicted interest rate drops, then yes, but hopefully not by too much. We wouldn't want more IR drops to be prevented would we? The ironic thing is that IR cuts make a house crash inevitable... Cut IR get more mugs on the ladder.... If spending is still slow (as it will be!) interest rates cut again... house prices rise a little more....... hang on a roly mo we need to stop the HPI (Mr Brown consults with Tony) Raise the IR's...... just .25 to slow down the increase.... Joe Public finally sh*t themselves house price crash really kicks off.. Government try to stop it by reducing rates..... OH **** we dont have any give in the rates... We drop them any more we will be nearly at 0%.... Suddenly the rollercoater has gone over the edge and we all just have to hang on and enjoy the ride... I know that BoE controls the IR but as we all know the Government pulls strings and the BoE will think the same way! WOOOOHOOOOOO Edited December 26, 2005 by Spikey Quote Link to comment Share on other sites More sharing options...
right_freds_dead Posted December 26, 2005 Share Posted December 26, 2005 predictions huh ? mmm...i dont see it myself. and of course this didnt work last time it was nipped down. nothing happened. prices have continued to fall in my area for the last 6 months. Quote Link to comment Share on other sites More sharing options...
Guest Charlie The Tramp Posted December 26, 2005 Share Posted December 26, 2005 Yes 2006 will be a very interesting year for all economic observers both amateur and professional. Quote Link to comment Share on other sites More sharing options...
right_freds_dead Posted December 26, 2005 Share Posted December 26, 2005 Yes 2006 will be a very interesting year for all economic observers both amateur and professional. and estate agents. Quote Link to comment Share on other sites More sharing options...
oracle Posted December 27, 2005 Share Posted December 27, 2005 and estate agents. and landlords Quote Link to comment Share on other sites More sharing options...
Adam Posted December 27, 2005 Share Posted December 27, 2005 and landlords and me Quote Link to comment Share on other sites More sharing options...
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