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ianbeale

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wti up 7% in one day...more good news for the cause well above $60 again hopefully with more to come

http://newsvote.bbc.co.uk/2/shared/fds/hi/...698/default.stm

You fool. I cannot believe people like you who actually want a recession. If you believe that by destroying the economy that will somehow benefit you then think again. The mentality of people like you is that it's ok to bring the country to it's knees because everyone will then be like you and have nothing. Pathetic.

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You fool. I cannot believe people like you who actually want a recession. If you believe that by destroying the economy that will somehow benefit you then think again. The mentality of people like you is that it's ok to bring the country to it's knees because everyone will then be like you and have nothing. Pathetic.

I think a recession might be good for the country and the economy. They are part of the business (and economical) cycle... I think the trick to hopefully surviving one is not to get too geared up before one (Oops!) and try to prepare as well as you can.

slightly off topic: What's the point of having so much money tied up in the housing market when it could be put to good use in other places (e.g. researching new products etc?)

completely off topic: you still haven't replied to my posting in the pinned thread "congratulations ftb buyers".

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Guest Riser

You fool. I cannot believe people like you who actually want a recession. If you believe that by destroying the economy that will somehow benefit you then think again. The mentality of people like you is that it's ok to bring the country to it's knees because everyone will then be like you and have nothing. Pathetic.

The recession is coming whether you like it or not Brown has already destroyed the economy, he had just hidden the destruction behind a curtain of fraudulent PFI initiatives, hidden public sector pension liabilities, and the mass delusion that the house prices will always increase providing an endless source of money for pensions and our consumer lead economy.

Who is the bigger fool? IB for recognizing and pointing out the milestones marking the pathway to recession or who those like yourself who choose to believe in Browns miracle economy in the desperate hope that your world is not about to come crashing down around your ears in a Tsunami of debt :lol::lol:

Edited by Riser

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You fool. I cannot believe people like you who actually want a recession. If you believe that by destroying the economy that will somehow benefit you then think again. The mentality of people like you is that it's ok to bring the country to it's knees because everyone will then be like you and have nothing. Pathetic.

To not want a recession is worrying, they HAVE to happen, you cannot have a constant boom, the sooner a recession hits the better, drag it out longer and it becomes worse , like it has been dragged out already. Drag it out to long and when it comes it will be a depression.

What do YOU want, a recession - which is a normal part of the business cycle, or do you want a depression?

Take your pick one or the other HAVE to happen at some point.

Better for the country to be on its knees now rather than face down drowning on its own vomit in 10 years time.

Me personally i cant really lose, i live with my mum in a council house while working a factory job with chemicals that knock years off your life. When the shit hits the fan i will be better off than i am now, at absolute worse i will continue living with my mum in a council house working a factory/manual labour job. If a reasonably well educated, intelligent, physically fit 27 year old male cant get even a basic factort/labour job then anywhere then its time to buy a gun.

Look up the business cycle, look up the importance of recessions, look it all up before calling people fools/pathetic. Try and have some understanding outside of your small mental box and you may realise that some people have nothing to lose but everything to gain.

Should i care if you lose your job? I couldnt care less if you dropped down dead tommorow, does that make me cruel and mean or just honest? Now knowing that i really dont care if you died (why would i, i dont know you) do you really think i care if you lose your job / house / way of life?

Edited:

and in the time it took me to write that 4 of you have already responded :lol: .. anyways i have to get ready for my 12 hour nightshift in my lovely factory job now, got college tommorow too, followed by a 13 hour nightshift, yea it would be a shame to lose all that :lol:

Edited by theChuz

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I think bringing people such as yourself to their knees would be a good thing personally. Perhaps then, you'll learn to suck more graciously.

Those with savings willl reap massive dividends, they always do. Those up to their eyeballs in debt, will rant and rant, in a similar fashion to yourself...

FYI

Big house owned with no mortgage. Pension for life so no Job need. £150k banked - I have nothing to lose from a HPC (except maybe less inheritance tax for my kids). Oh and no debts of any kind. Also, lived through a few recessions so well aware of what a recession does for home ownership prospects for FTB's. I feel sorry for people here who are sucked into the "economy is going pearshaped so it must be good for my prospects of home ownership" thinking. You and they just havn't got a clue. In a way I hope your HPC comes off - you will then learn a few things about reality and what having nothing really looks like.

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You fool. I cannot believe people like you who actually want a recession. If you believe that by destroying the economy that will somehow benefit you then think again. The mentality of people like you is that it's ok to bring the country to it's knees because everyone will then be like you and have nothing. Pathetic.

Keeping interests rates artificially low to stave off a natural recession is foolish, inflates asset bubbles, and has generally wrecked the aspirations of FTB's all over the country, while bailing out over-indebted idiots.

I wonder which category one you fall under?

Edited by Flick

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You fool. I cannot believe people like you who actually want a recession. If you believe that by destroying the economy that will somehow benefit you then think again. The mentality of people like you is that it's ok to bring the country to it's knees because everyone will then be like you and have nothing. Pathetic.

One word, well maybe three, f@cking big pr1ck :lol:

nodumsunreader you are the above, the ecomomy was ruined by your mentor, the miracle economist which is guiding HMS Titanic UK through the very rough waters over the past few years, and guess what is coming.

Get on your knees and suck with all your puff :o

Edited by Panda

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Sounds as if you've got plenty to lose.

So we haven't a clue? We'll see...

P.S. The value of big houses is tumbling faster than any other category of housing btw. Something to do with running costs and taxes by all accounts. Hope your savings cover your lost of equity; doubt it somehow, why would you prattle on here otherwise?

Lost equity means nothing to me as unlike you, I have the common currency (a house). As for 'prattling' on here, as I said before, also I suspect unlike you, I have lived through several recessions and have exprienced first hand what it does for home ownership and Job prospects. Instead of rejoicing at the prospect of recession, high energy costs, higher interest rates and all the other doom and gloom scenarios that this site seems to want to propagate, you should be extremely concerned at the likely outcome for yourself and anyone else who aspires to owning a house for the first time. Still perhaps you only want to listen to people who tell you what you want to hear.

Edited by nodumsunreader

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Guest Winners and Losers

FYI

Big house owned with no mortgage. Pension for life so no Job need. £150k banked - I have nothing to lose from a HPC (except maybe less inheritance tax for my kids). Oh and no debts of any kind. Also, lived through a few recessions so well aware of what a recession does for home ownership prospects for FTB's. I feel sorry for people here who are sucked into the "economy is going pearshaped so it must be good for my prospects of home ownership" thinking. You and they just havn't got a clue. In a way I hope your HPC comes off - you will then learn a few things about reality and what having nothing really looks like.

I'm frightened. :(:unsure:

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Look at the unemployment rates when HP's fell in the past and you may just have every reason to be.

Do some research and look what has happened in history to the employment rate when central banks go mad and create a debt fuelled boom that ends in a depression.

Then come back here and argue the point that it is better to go nuts out, drive your economy with a tidal wave of debt, price out nearly every manufcaturing and productive job, destroy pensions, persuade people that here really is ony one route to securing their financial future, hamstring a geneation so that they will neither become drivers of consumptyion or drivers of investment nor investors in the future capacty of the country.

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Your attitude says it all really. What gives you the idea that none of us have lived through recessions as well, and did very well out of them to boot? You definitely seem to have painted a very disturbed impression of the posters on here, when in fact, the forum's occupied mainly by everyday people.

Can't help suspecting that you're making it up anyway. Why are you so vitriolic btw? You're starting to sound rather stressed if you don't mind me saying so. Perhaps you should seek professional advice or medical attention. One tip though, don't let on about how much you're supposedly worth.

Real wealth doesn't go round saying such things, especially not on a public forum...

Took the words right out of my mouth. Btw, I'm not really frightened. :P

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Do some research and look what has happened in history to the employment rate when central banks go mad and create a debt fuelled boom that ends in a depression.

Then come back here and argue the point that it is better to go nuts out, drive your economy with a tidal wave of debt, price out nearly every manufcaturing and productive job, destroy pensions, persuade people that here really is ony one route to securing their financial future, hamstring a geneation so that they will neither become drivers of consumptyion or drivers of investment nor investors in the future capacty of the country.

We are talking about the same thing essentially except for the fact that I believe a soft landing for HP's is what people should be looking for and not a crash. A soft landing will not destroy consumer confidence and lead to massive job losses unlike a HPC that will.

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We are talking about the same thing essentially except for the fact that I believe a soft landing for HP's is what people should be looking for and not a crash. A soft landing will not destroy consumer confidence and lead to massive job losses unlike a HPC that will.

Now you're talking. That is a much fairer comment and less likely to cause offence. I think you might just be getting the hang of HPC ndsr. I don't think anyone wants a horrendous recession, but it is just what some people see coming. ;)

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We are talking about the same thing essentially except for the fact that I believe a soft landing for HP's is what people should be looking for and not a crash. A soft landing will not destroy consumer confidence and lead to massive job losses unlike a HPC that will.

Who says a soft landing will be any less destructive than a blow out of the excess? Think a little further.

The only reason there was a marked recovery in the mid-late 90's is that a whole load of people were given the breathing space to rebuild businesses, start businesses or invest in something other housing.

Take out a generation of new businesses and see what the economic landscape looks like - it won't be pretty and the kncok on effects will last for decades. Ever wondered why the BOE wait in vain year after year of pumping trash money into the economy for buinsesses to re-invest - becuase all the time business is looking at the situation and thinking - sooner or later this si going to blow and it is sods law that the minute I commit is when it happens. Other businesses are giving up on the UK, they are fed up waiting and shifting production and assets elsewhere.

The Chinese are pressing heavily still on their housing bubble. They're smart, they know exactly what they want and they will get it. They want it down much more before it jeopardizes their real growth.

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We are talking about the same thing essentially except for the fact that I believe a soft landing for HP's is what people should be looking for and not a crash. A soft landing will not destroy consumer confidence and lead to massive job losses unlike a HPC that will.

First I thought you were smug, now I know you're just a little unhinged. How are we going to achieve a soft landing seeing as this has never been achieved before. Maybe your "big house" brain can work that one out...

Unfortunately, in reality, a soft landing, just like your big mortgage free house, is just a figment of a VI imagination.....

Move along please, nothing new here.... :lol::lol::lol:

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Now you're talking. That is a much fairer comment and less likely to cause offence. I think you might just be getting the hang of HPC ndsr. I don't think anyone wants a horrendous recession, but it is just what some people see coming. ;)

The problem is it seems to me is that the whole ethos of this site is to bring about a HPC without thinking of the effect on the economy AND the people who this site claims to represent. Perhaps someone connected with the running of the site should clarify what its aims actually are. If it is to achieve levels of house price crash that some people who post here seem to want (50%+) then they should also be up front with what this will do for the prospects of FTB's who will likely become unemployed as a result of the massive recession that this would bring about.

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The problem is it seems to me is that the whole ethos of this site is to bring about a HPC without thinking of the effect on the economy AND the people who this site claims to represent. Perhaps someone connected with the running of the site should clarify what its aims actually are. If it is to achieve levels of house price crash that some people who post here seem to want (50%+) then they should also be up front with what this will do for the prospects of FTB's who will likely become unemployed as a result of the massive recession that this would bring about.

OK mate enough already please!!!

You are either trolling tonight or are very very stupid... with a probably a nice dash of bitterness thrown in.

Now here's a clue.... What do you think people visiting a forum on housepricecrash.co.uk are going to discuss? DISCUSS.... not bring about....

JAYSUS....

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Bet you weren't arguing against the boom and the destructive consequences of it with such vigour?

Exactly, but then you have people who are quite happy seeing their house rise in value as they receive their P45 when their job gets relocated to the other side of the world and don't seem to be able to put two and two together.

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Now you're talking. That is a much fairer comment and less likely to cause offence. I think you might just be getting the hang of HPC ndsr. I don't think anyone wants a horrendous recession, but it is just what some people see coming. ;)

OK, so maybe I was wrong. :unsure:

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OK mate enough already please!!!

You are either trolling tonight or are very very stupid... with a probably a nice dash of bitterness thrown in.

Now here's a clue.... What do you think people visiting a forum on housepricecrash.co.uk are going to discuss? DISCUSS.... not bring about....

JAYSUS....

How about discussing your employment prospects after a HPC!!

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How about discussing your employment prospects after a HPC!!

Pretty good really.

Please everyone else ignore this post as I think it is vulgar to talk about money - smug people no likey! :lol:

I work for a large pharma company in a specialised, IT type role. I have just received a very healthy raise and a promotion despite my company employing an "offshoring" policy.

If I did lose my job I would restart my own company and go back to contract work. I have maintained close contact with my previous clients and still advise them (on a goodwill basis).

I have been as careful as possible to ensure my employment - but if it all goes so terribly wrong, I have many strings to my bow... many avenues to follow.

Try thinking you smug git. Poking fun and trying to wind up people just because you have a "big house" is really sad and pathetic.

:P

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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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