dogbox Posted May 19, 2006 Share Posted May 19, 2006 www.moneysavingexpert.com Go into the 'house buying / selling' section. A whole thread dedicated to housepricecrash.co.uk. The general consensus seems to be - prices fall but recover and always go up long term. The HPC bears are just bitter loosers. Go get em boys. Quote Link to comment Share on other sites More sharing options...
Guest The_Oldie Posted May 19, 2006 Share Posted May 19, 2006 Go get em boys. It's really not worth the effort, they are entitled to their opinions. Quote Link to comment Share on other sites More sharing options...
cupidstunt Posted May 19, 2006 Share Posted May 19, 2006 (edited) Go get em boys. Don't start them off again we had all this yesterday! PS and it was my fault - sorry! Edited May 19, 2006 by cupidstunt Quote Link to comment Share on other sites More sharing options...
Yandros Posted May 19, 2006 Share Posted May 19, 2006 Can't be bothered to go look, but surely that's correct - history tells us that house prices go up in the long term, but show cyclical variations. If we get a crash, prices will indeed recover, and ultimately end up higher than they are now. Winners buy and sell at the right time - simple as that. Anyone on here who refuses to buy at the bottom of the trough when it comes, will indeed be a loser, as much as mugs who bought at the peak. Quote Link to comment Share on other sites More sharing options...
dogbox Posted May 19, 2006 Author Share Posted May 19, 2006 It's really not worth the effort, they are entitled to their opinions. Perhaps they have a point! Ive always said a crash probably needs a significant economic jolt given the rise of IO mortgages, low interest rates and a mass influx of immigrants. Serious bears since this site started claim rates are about to rise. The problem is the BOE dare'nt becasue the public will never forgive them. Rates will only rise significantly if the BOE have absolutely no other option. Quote Link to comment Share on other sites More sharing options...
dnd Posted May 19, 2006 Share Posted May 19, 2006 (edited) No point responding - IMO they wouldn't be able to take onboard or understand any of the arguments expressed anyway Inflation/IR rises are going to crush them in the next few years - wonder how many of them have calculated that into their repayment plan? http://forums.moneysavingexpert.com/showthread.html?t=199595 "Sadly most FTBs buying today will be in this category, my sister included. They are only thinking about affordability of the mortgage at the current fixed rate." Edited May 19, 2006 by dnd Quote Link to comment Share on other sites More sharing options...
vinny Posted May 19, 2006 Share Posted May 19, 2006 From the thread there: "It's one thing having constructive discussion about a predicted crash but quite another rubbing their hands in glee and taking great pleasure in wishing financial harm on others" Sadly that, in my view, goes on to much here. (exception: TTRTR who deserves everything he gets / is as guilty of rubbing his hands with glee as anyone else). Quote Link to comment Share on other sites More sharing options...
Guest Posted May 19, 2006 Share Posted May 19, 2006 Well of course, Vinny, nobody thinks about the harm for first time buyers that this whole boom has caused. Quote Link to comment Share on other sites More sharing options...
Webmaster Posted May 19, 2006 Share Posted May 19, 2006 Well of course, Vinny, nobody thinks about the harm for first time buyers that this whole boom has caused. Well said megaflop! Quote Link to comment Share on other sites More sharing options...
Guest Bart of Darkness Posted May 20, 2006 Share Posted May 20, 2006 Serious bears since this site started claim rates are about to rise. The problem is the BOE dare'nt becasue the public will never forgive them. I would be astonished if most members of the general public could name even one member of the BoE who is responsible for setting IRs (not even Merv himself). The person they will blame will be Prudence Brown. Quote Link to comment Share on other sites More sharing options...
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