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GreenDevil

Hpc Good News Thread

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I was hoping to find some good news on the property crash this Sat evening, ive been expecting, instead its all doom and gloom and 1 bed flats in Luton for 265k.

Is there any good news? Only good news please!

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The only good news I have is that I've finally been able to access the House Prices and the Economy forum, but the bad news is that I can't access any other including Off-Topic :angry:

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Donald trump's going to win the US election. Can't say I support him, but I despise Hillary.

I will be truly amazed if this happens, what an exciting time to be alive when the status quo will be disrupted, for good or bad who knows!

Anecdotal news - I consider this good news but there are 4x for sale boards within a 500 yard stretch of road and have been up for at least 2 weeks. It feels like everyone wants to get on the gravy train and the train has not left the station yet. It has been a long time since I have seen for sale boards accumulate on our streets.

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I am starting to lose faith in a crash, especially now that the only good news we have on the matter is that someone cannot access the off topic forums.

:(

Yes, i was expecting a proliferation of 'its crashing near me', instead all i see is houses going under offer at kite flying prices locally, and my offer getting gazumped.

As other posters have said, everyone wants to get on the gravy train, only last week i spoke to a colleague who is looking to move into BTL.

And now also have Carnage threatening another rate cut, when will it end? At the moment it looks like no time soon.

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A young and extremely moronic estate agent acquaintance recently let slip that things are slowing down markedly and he does not think he will be in position at xmas if it continues.

He works in and around Lewisham, SE London.

:D

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For every year that passes without a crash the homeownership rate falls by another 1-2% and the day on which allowing a crash wins more votes than it loses draws nearer. Based on current demographic and homeownership trends I think crossover day happens in about the early-mid 2020s, which interestingly is the same time all those IO mortgages start to come due...

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For every year that passes without a crash the homeownership rate falls by another 1-2% and the day on which allowing a crash wins more votes than it loses draws nearer. Based on current demographic and homeownership trends I think crossover day happens in about the early-mid 2020s, which interestingly is the same time all those IO mortgages start to come due...

The countries finances will collapse long before the mid 20s

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For every year that passes without a crash the homeownership rate falls by another 1-2% and the day on which allowing a crash wins more votes than it loses draws nearer. Based on current demographic and homeownership trends I think crossover day happens in about the early-mid 2020s, which interestingly is the same time all those IO mortgages start to come due...

Crash or extreme financial turbulence is guaranteed in the next 5 years.

The number of DC pensioners over take DB pensioners.

There's so many chickens coming home to roost then.

QE has guaranteed that most DC and DB pensions will default.

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Good news...foxton share price, despite massive intervention by the BoE is back down below 110 today and looks very very very weak.

The inevitable bad news cannot be suppressed forever.

When London goes...the bubble goes

Now, question folks, market being pumped up by the investors in the city turning their back on property stocks.

Whatcha think comes next ?

Edited by TheCountOfNowhere

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London is crashing, no doubt about it. Asking prices being cut over months while properties fail to sell.

The Uk will follow, eventually.

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York area starting to sell again at the lower end, the higher end (over £500,000) is another matter. Doesn't look to be selling any volume, but more keep adding to the for sale list. In this area, it is going to crash from the top down.

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Crash or extreme financial turbulence is guaranteed in the next 5 years.

The number of DC pensioners over take DB pensioners.

There's so many chickens coming home to roost then.

QE has guaranteed that most DC and DB pensions will default.

I think this is pretty much what is happening. They have been so busy trying to keep this plate or that plate spinning that once one goes, the whole bloody lot will fall!

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On 17/09/2016 at 9:09 PM, GreenDevil said:

I was hoping to find some good news on the property crash this Sat evening, ive been expecting, instead its all doom and gloom and 1 bed flats in Luton for 265k.

Is there any good news? Only good news please!

UBS thinks Brexit may cause the bubble to burst!

 UBS: Brexit May Spark ‘Substantial’ London House-Price Drop http://bloom.bg/2cS324s

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