PotNoodle Posted October 11, 2007 Share Posted October 11, 2007 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 ! Quote Link to comment Share on other sites More sharing options...
Guest xeouialp Posted October 11, 2007 Share Posted October 11, 2007 They go POP ! So how come a credit boom goes crunch? Quote Link to comment Share on other sites More sharing options...
winkie Posted October 11, 2007 Share Posted October 11, 2007 Crunch, Crackle and pop. Quote Link to comment Share on other sites More sharing options...
Crashman Begins Posted October 11, 2007 Share Posted October 11, 2007 Crunch, Crackle and pop. wink.gif Wheres the guy that makes those credit type cereal adverts ? Quote Link to comment Share on other sites More sharing options...
Guest grumpy-old-man Posted October 11, 2007 Share Posted October 11, 2007 Crunch, Crackle and pop. 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. Quote Link to comment Share on other sites More sharing options...
Compounded Posted October 11, 2007 Share Posted October 11, 2007 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. Quote Link to comment Share on other sites More sharing options...
geneer Posted October 11, 2007 Share Posted October 11, 2007 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. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted October 11, 2007 Share Posted October 11, 2007 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 Quote Link to comment Share on other sites More sharing options...
Guest Popalot Posted October 11, 2007 Share Posted October 11, 2007 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....................... Quote Link to comment Share on other sites More sharing options...
PropertyFag Posted October 11, 2007 Share Posted October 11, 2007 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%+? Quote Link to comment Share on other sites More sharing options...
Goldfinger Posted October 11, 2007 Share Posted October 11, 2007 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. Quote Link to comment Share on other sites More sharing options...
Sledgehead Posted October 11, 2007 Share Posted October 11, 2007 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? Quote Link to comment Share on other sites More sharing options...
Guest grumpy-old-man Posted October 11, 2007 Share Posted October 11, 2007 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. Quote Link to comment Share on other sites More sharing options...
Sledgehead Posted October 11, 2007 Share Posted October 11, 2007 You can also use corona discharge to charge them up, then accelerate them in electric fields. Just a thought ... Quote Link to comment Share on other sites More sharing options...
Red Baron Posted October 11, 2007 Share Posted October 11, 2007 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? Are you suggesting that Kirsty Allsop is filled with hydrogen and chlorine? I thought she was just full of shit. Quote Link to comment Share on other sites More sharing options...
Willy Weasel Posted October 11, 2007 Share Posted October 11, 2007 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! Quote Link to comment Share on other sites More sharing options...
South Lorne Posted October 11, 2007 Share Posted October 11, 2007 But this is what bubbles do ........They go POP ! ...correct ..'Pop Goes the Weasel'....all bubbles are made by weasels....Gordo goes ...pop.!.. Quote Link to comment Share on other sites More sharing options...
Habeas Domus Posted October 11, 2007 Share Posted October 11, 2007 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 Quote Link to comment Share on other sites More sharing options...
DoctorJ Posted October 11, 2007 Share Posted October 11, 2007 Krusty isn't a bubble - shes just a big fat ugly lump. yuck Quote Link to comment Share on other sites More sharing options...
Compounded Posted October 11, 2007 Share Posted October 11, 2007 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. Quote Link to comment Share on other sites More sharing options...
Compounded Posted October 11, 2007 Share Posted October 11, 2007 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. Quote Link to comment Share on other sites More sharing options...
madasafrog Posted October 11, 2007 Share Posted October 11, 2007 A leaking balloon goes down slowly and predictably and can be rescued byblowing 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 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.