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House Price Crash Forum

Phil and Kirsty have spoken


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4 hours ago, CityLAD88888 said:

Agreed, this year feels a bit of a ponzi stress test. I've lost a lot of faith in there ever being a HPC during the pandemic tbh, the worse a crisis is/longer it goes on, be that crisis economic (2008/9) or a global pandemic, the larger the size of the stimulus and pumping to keep the plates spinning, the QE genie is out of the bottle.

I thought covid might be the black swan but (famous last words) it seems to have gone completely the other way. Madness, but there's little to no broad interest in a HPC in the UK and far too many vested interests. Everyone's in too deep now and politicians know a) most of Joe/Jane public's wealth is in housing and b) making people feel richer, even if on paper, makes people feel good.

Hyernormalisation - Everyone knows it's false but buys in through nexesssity, power, delusion, helplessness or greed

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1 hour ago, Tapori said:

Hyernormalisation - Everyone knows it's false but buys in through nexesssity, power, delusion, helplessness or greed

Yes. This is the game. We don’t want to play, but everyone else does. That means we get left behind whilst the world turns on said delusions, greed, etc. People have lost their connection with money and value. Everything is just debt; something to be dealt with later. And who can blame anyone for that. After all, the government have lead by example in showing us that the way to deal with problems is to kick the can down the road, again and again and again......

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3 hours ago, ForGreatLager... said:

Yes. This is the game. We don’t want to play, but everyone else does. That means we get left behind whilst the world turns on said delusions, greed, etc. People have lost their connection with money and value. Everything is just debt; something to be dealt with later. And who can blame anyone for that. After all, the government have lead by example in showing us that the way to deal with problems is to kick the can down the road, again and again and again......

HQcSrxH.gif

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On 1/10/2021 at 11:54 PM, MARTINX9 said:

Alternatively end the stamp duty holiday and use the up to £15,000 extra raised per sale to protect the NHS and save lives!

£15k? That would be if the average house price was £425k, or £600k for a FTB. It's not. 

On 1/10/2021 at 11:54 PM, MARTINX9 said:

 

 

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