Realistbear Posted March 2, 2006 Share Posted March 2, 2006 http://www.sharecast.com/cgi-bin/sharecast...story_id=630862 Dutch broker said the market is pricing in either a 6% fall in house prices or that the group creates no current cost economic profit in the future and believes both assumptions seem overly harsh. Either way, it does not look good for new home builders? Harsh? IMHO, very optimistic in view of overstretched affordability threshholds. Quote Link to comment Share on other sites More sharing options...
OzzMosiz Posted March 2, 2006 Share Posted March 2, 2006 http://www.sharecast.com/cgi-bin/sharecast...story_id=630862 Dutch broker said the market is pricing in either a 6% fall in house prices or that the group creates no current cost economic profit in the future and believes both assumptions seem overly harsh. Either way, it does not look good for new home builders? Harsh? IMHO, very optimistic in view of overstretched affordability threshholds. So the Non-executive director was right to cash in 25% of his shares a few days ago! Quote Link to comment Share on other sites More sharing options...
Realistbear Posted March 2, 2006 Author Share Posted March 2, 2006 So the Non-executive director was right to cash in 25% of his shares a few days ago! Its the smart move if the housing industry is going to crash in 2006. I believe share dumping has also taken place with one of the big London EAs recently? Quote Link to comment Share on other sites More sharing options...
non-FTBer Posted March 2, 2006 Share Posted March 2, 2006 The game is up when those who should be generating confidence in the market begin to run. Quote Link to comment Share on other sites More sharing options...
OzzMosiz Posted March 2, 2006 Share Posted March 2, 2006 Something is driving these stocks lower- they are under selling pressure again this am Any guesses Bubb? Quote Link to comment Share on other sites More sharing options...
Goat Posted March 2, 2006 Share Posted March 2, 2006 The UK housing market at the moment is like a tiger that is being held by its tail. Whilst people see prices rising there will still be people willing to pay the asking price. Once the tail of the tiger is released in the form of even slight price falls the tiger will turn around and eat all those involved. A 6% fall could quickly become five times that. Quote Link to comment Share on other sites More sharing options...
non-FTBer Posted March 2, 2006 Share Posted March 2, 2006 The UK housing market at the moment is like a tiger that is being held by its tail. Whilst people see prices rising there will still be people willing to pay the asking price. Once the tail of the tiger is released in the form of even slight price falls the tiger will turn around and eat all those involved. A 6% fall could quickly become five times that. I agree. Once things are let loose they will tumble. But I've been expecting things to unwind far sooner. What will be the killer blow, the straw that breaks the camel's back?? Quote Link to comment Share on other sites More sharing options...
Realistbear Posted March 2, 2006 Author Share Posted March 2, 2006 I agree. Once things are let loose they will tumble. But I've been expecting things to unwind far sooner. What will be the killer blow, the straw that breaks the camel's back?? The trigger may turn out to be the expose on Rightmove's house price data. The sheeple will suddenly realise that things are as bad as they really are and run for the exits in a selling panic with BTLs on the block first. I am convinced the only thing holding the crash back is the perception that prices are not falling. Quote Link to comment Share on other sites More sharing options...
lowrentyieldmakessense(honest!) Posted March 2, 2006 Share Posted March 2, 2006 I agree. Once things are let loose they will tumble. But I've been expecting things to unwind far sooner. What will be the killer blow, the straw that breaks the camel's back?? when the banks realise its madness to offer btl loans with only 100% rent cover and when they start demanding 20-30% deposits like they used to require. just dont know when this will happen Quote Link to comment Share on other sites More sharing options...
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