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sam

The Battle Is Being Lost On Fool

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The property Market and trends board on TMF Fool is rapidly loosing the argument on property, we really need to get our a***s over there and help out.

Sam

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Ask them how many would have predicted a 125% housing boom in 1997?

Then ask them if it'll crash.

When they say no, ask them "who the hell are you to be making predictions?"

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The property Market and trends board on TMF Fool is rapidly loosing the argument on property, we really need to get our a***s over there and help out.

Sam

Property prices can only go up forever

It’s not doing too good over here now

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Don't worry about it, people are entitled to their opinions. It what you do with yours that counts in life !

LL

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Ask them how many would have predicted a 125% housing boom in 1997?

Then ask them if it'll crash.

When they say no, ask them "who the hell are you to be making predictions?"

This is one of the most cogent arguments there is! :)

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Ask them how many would have predicted a 125% housing boom in 1997?

Then ask them if it'll crash.

When they say no, ask them "who the hell are you to be making predictions?"

HA!HA!HA!

Post of the month!

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The worlds largest economy is stuffed and on the brink, I would be fascinated to see the counter argument for that. When the American Debt bubble busts it’s a scramble for the lifeboats.

Last year America spent 57 percent more than it earned on world markets. That is, American imports were 57 percent greater than exports.

Last year the personal savings rate fell below zero for the first time since 1933.

The American Treasury Department website is openly stating that as of January 24, 2006 American national debt stood at $8,185.3 billion and on January 26th at $8,190.5 billion."

U.S. consumers who once saved an average of 8% of their take-home pay ten years ago now spend about 1% more than they earn.

US manufacturing has lost lost 2.9 million jobs, almost 17% of the manufacturing work force in the last decade and productivity has fallen.

Consumer now account for two thirds of American economic output.

30 year Treasury Bonds are yielding less than two year bonds.

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Fascinating world that we live in these days isnt it.

While interest rates are at a relatively low point (compared to long term average) and house repos are still relatively low, we have passed a turning point where unemployment is going up inexorably, repos are going up, debt is still rising along with record bancruptcies, tax is increasing, most things we have to spend money on are rising above the fiddled inflation figure.

BUT still they are tring to flog the horse that is called the housing market.

The whole thing to me stinks of the drunk trying to drag the last few dregs from the whisky bottle, or the last gasp attempt of a dying man clinging to his last breath.

Picture a herd of sheeple being rounded up by EA's with whips and herded up the hill, to the cliff and......just that little bit further and they all fall over, oh what fun, that game is over for another 5 years, then they can start again with fresh sheeple.

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The property Market and trends board on TMF Fool is rapidly loosing the argument on property, we really need to get our a***s over there and help out.

Sam

You would be a crap General - if you want/need reinforcements why not provide a quick and easy route to the forum battle in the form of a link? :rolleyes::rolleyes::rolleyes::rolleyes:

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  • 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%



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