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hedi

This Site Is Becoming Very Bullish

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good, get out there everyone and spend, spend, :D:unsure::unsure::unsure: spend. B)

I think that's partly because a lot of resident bears left this site and now reside at the global site and also many seem to believe that we really have avoided a crash - because it hasn't happened yet.

I always find this very strange when you consider that debt is still growing at 10% pa and most of this is being taken out by an absolute minority of people still buying into housing, the FTBs and amateur BTLers. And all this against a background of globally rising interest rates and gradual credit tightening.

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:lol: I think I might have to register www.housepriceapplecrumble.co.uk

Debt growing at 10% pa, GDP growing at ~2%. That is the bottom line.

Yes, the market hasn't crashed since this site was founded. Instead the UK population has taken on an extra £250 billion (maybe more?) of debt. Nice one Great Britain!

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:lol: I think I might have to register www.housepriceapplecrumble.co.uk

Debt growing at 10% pa, GDP growing at ~2%. That is the bottom line.

Yes, the market hasn't crashed since this site was founded. Instead the UK population has taken on an extra £250 billion (maybe more?) of debt. Nice one Great Britain!

But, and I know this is bull, but - it is how other people think. How much has the 'value' of the UK's property gone up while that 250 billion has been borrowed. That is how people see it - and unless you can change that somehow, things will carry on as they are. Or at least long enough for a vast proportion of the UK property stock to move into investor's hands, possibly never to be prised out again.

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Or could it be that the bears have said there piece about a thousand and ones times and are just sitting back watching it all pan out now.

I've been coming here since the old king died and to be honest in the early days there was some decent discussion.

But recently we just seemed to repeat ourselves over and over, out positions were clear and there was little point making the same points time and again.

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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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