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PotNoodle

Pop !

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A leaking balloon goes down slowly and predictably and can be rescued by

blowing it up again.

Bubbles suddenly...... without warning ... collapse... because their structure

can no longer contain the internal pressure.

2005 was a balloon which a drop in interest rates was able to survive.

2007 is a bubble..... and I believe it has already burst.....

Some people will not be able to believe that a property can suddenly drop

by 10, 15 or 20 % with hardly a murmur.......

But this is what bubbles do ........

They go POP !

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Guest grumpy-old-man
Crunch, Crackle and pop. ;)

:D:D

remember though next year when prices have dropped 10-15%, the papers & tv will be saying that the correction is over & hpi will start again....of course it won't, it will drop another 10% again, & so on. ;)

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Japan has had years and years of relentless price falls.

Property is more sticky unlike the stock market and IMHO will most probably not pop a dramatic HPC as would suit people who have STRed.

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Thing is 10% yoy falls ain't all that much compared to the rate of increase. (falls will be magnified by inflation of course).

Funny how every one blindly accepts such percentages on the way up, but can't conceive of them doing the same in the other direction.

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:D:D

remember though next year when prices have dropped 10-15%, the papers & tv will be saying that the correction is over & hpi will start again....of course it won't, it will drop another 10% again, & so on. ;)

bull trap

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Guest Popalot
Thing is 10% yoy falls ain't all that much compared to the rate of increase. (falls will be magnified by inflation of course).

Funny how every one blindly accepts such percentages on the way up, but can't conceive of them doing the same in the other direction.

Yes. But the reported rises are always exaggerated and the reported falls are always understated.......................

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I believe it has already burst.....

Some people will not be able to believe that a property can suddenly drop

by 10, 15 or 20 % with hardly a murmur.......

But this is what bubbles do ........

They go POP !

Right, well where abouts in the UK have property values reduced by 10%+?

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Japan has had years and years of relentless price falls.

Property is more sticky unlike the stock market and IMHO will most probably not pop a dramatic HPC as would suit people who have STRed.

An STR fund could suffer in stocks in the same way as would have a house (percentage-wise). However, negative equity should not be possible anymore.

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Did you know that you can freeze bubbles with liquid nitrogen?

They can then be made to shatter.

You can also fill them with smoke.

Or a mixture of hydrogen and chlorine so that when you illuminate them in sunlight / UV they explode.

Am I boring you?

:unsure:

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Guest grumpy-old-man
Right, well where abouts in the UK have property values reduced by 10%+?

manchester was quoted on SKY news. They said prices have been dropping for 6 months, no figure mentioned though.

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Did you know that you can freeze bubbles with liquid nitrogen?

They can then be made to shatter.

You can also fill them with smoke.

Or a mixture of hydrogen and chlorine so that when you illuminate them in sunlight / UV they explode.

Am I boring you?

:unsure:

Are you suggesting that Kirsty Allsop is filled with hydrogen and chlorine?

I thought she was just full of shit.

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Are you suggesting that Kirsty Allsop is filled with hydrogen and chlorine?

I thought she was just full of shit.

Here's what one man thinks of Kirsty:

So, my dear friends, let me compare Kirsty to a sherry trifle…

Imagine a trifle made with lashings of the most luxurious and sumptuous ingredients possible. Not only that – each layer (especially the cream and the custard) contains a quantity which the squeamish may regard as excessive.

The top of the trifle is sprinkled with the finest grated chocolate. A red cherry which is almost-but-not-quite too large twinkles and winks at you playfully.

In theory, nothing is quite right. It ought to be over-the-top, brash and vulgar. And yet, somehow, each individual indulgent piece of excess combines to create something which is beautiful and irresistible. It is a masterpiece.

Imagine gorging yourself on those layers! The cream is smooth, fresh and perfect. The custard tastes like heaven. The sponge is simply drenched in the finest sherry with the highest possible alcohol content. And the fruit (oh, the forbidden fruit!) which lurks within will melt in your mouth as it releases its juices and you will lose yourself in sensory overload…

He may not admit it in public, but this is a creation which a gourmet cannot resist. This special desert may not comply with the latest culinary trends, it certainly owes nothing to nouvelle cuisine, and yet, somehow, all the excess comes together to create a perfect object of desire.

This is a new paradigm in trifle! This is a desert which has confidence in its own qualities. It holds nothing back. It almost seems as though it wants to devour you. It offers you everything if you think you can handle it!

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Thing is 10% yoy falls ain't all that much compared to the rate of increase. (falls will be magnified by inflation of course).

Funny how every one blindly accepts such percentages on the way up, but can't conceive of them doing the same in the other direction.

Remember a percentage drop is much larger than a percentage% rise

eg 100K + 50% =150k

150K -50% =75K

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Here's what one man thinks of Kirsty:

So, my dear friends, let me compare Kirsty to a sherry trifle…

Imagine a trifle made with lashings of the most luxurious and sumptuous ingredients possible. Not only that – each layer (especially the cream and the custard) contains a quantity which the squeamish may regard as excessive.

The top of the trifle is sprinkled with the finest grated chocolate. A red cherry which is almost-but-not-quite too large twinkles and winks at you playfully.

In theory, nothing is quite right. It ought to be over-the-top, brash and vulgar. And yet, somehow, each individual indulgent piece of excess combines to create something which is beautiful and irresistible. It is a masterpiece.

Imagine gorging yourself on those layers! The cream is smooth, fresh and perfect. The custard tastes like heaven. The sponge is simply drenched in the finest sherry with the highest possible alcohol content. And the fruit (oh, the forbidden fruit!) which lurks within will melt in your mouth as it releases its juices and you will lose yourself in sensory overload…

He may not admit it in public, but this is a creation which a gourmet cannot resist. This special desert may not comply with the latest culinary trends, it certainly owes nothing to nouvelle cuisine, and yet, somehow, all the excess comes together to create a perfect object of desire.

This is a new paradigm in trifle! This is a desert which has confidence in its own qualities. It holds nothing back. It almost seems as though it wants to devour you. It offers you everything if you think you can handle it!

Nigella porn, coming soon.

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An STR fund could suffer in stocks in the same way as would have a house (percentage-wise). However, negative equity should not be possible anymore.

A shiney four letter word springs to mind as the simple solution.

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A leaking balloon goes down slowly and predictably and can be rescued by

blowing it up again.

Bubbles suddenly...... without warning ... collapse... because their structure

can no longer contain the internal pressure.

2005 was a balloon which a drop in interest rates was able to survive.

2007 is a bubble..... and I believe it has already burst.....

Some people will not be able to believe that a property can suddenly drop

by 10, 15 or 20 % with hardly a murmur.......

But this is what bubbles do ........

They go POP !

Like a balloon, your leaking hot air unless you have data to back up your claim.

Its nonsensical threads like this that make a mockery of this forum <_<

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