zzg113 Posted February 18, 2005 Report Share Posted February 18, 2005 http://www.propertyfacts.co.uk/old/mortgag...gagelending.htm Look at it drop off a cliff in 2004 ! HPC here we come! Quote Link to post Share on other sites
Booboo Posted February 18, 2005 Report Share Posted February 18, 2005 Wowser that's a beauty - that's why you're a super user!! Quote Link to post Share on other sites
Guest muttley Posted February 18, 2005 Report Share Posted February 18, 2005 There is a saying in finance:- " The bull goes up the stairs,the bear goes out the window" I think your graph demonstrates that zzg Quote Link to post Share on other sites
RichM Posted February 18, 2005 Report Share Posted February 18, 2005 I'm assuming that the y-axis is billions of pounds of mortage debt pa? Or is it some relative scale? Quote Link to post Share on other sites
RichM Posted February 18, 2005 Report Share Posted February 18, 2005 The rest of the album was ok, but this was perhaps my favourite on the album: The Fear This is our "Music from A Bachelors Den" - the sound of loneliness turned up to ten. A horror soundtrack from a stagnant water-bed And it sounds just like this. This is the sound of someone losing the plot - making out that they're okay when they're not. You're gonna like it, but not a lot and the chorus goes like this: Oh baby, here comes the fear again. The end is near again. A monkey's built a house on your back. You can't get anyone to come in the sack and here comes another panic attack Oh here we go again. So now you know the words to our song, pretty soon you'll all be singing along. When you're sad, when you're lonely and it all turns out wrong. When you've got the fear. And hen you're no longer searching for beauty or love - just some kind of life with the edges taken off. When you can't even define what it is that you're frightened of this song will be here. Oh baby, here comes the fear gain. The end is near again. If you ever get that chimp off your back. If you ever find the thing that you lack but you know you're only having a laugh and here we go again. Until the end. Kind of seems relevant somehow... Quote Link to post Share on other sites
THE SAGE Posted February 18, 2005 Report Share Posted February 18, 2005 Late on a Friday evening when everyone else are losing their heads zz is still there with the common sense. zz I salute you. Quote Link to post Share on other sites
laurejon Posted February 18, 2005 Report Share Posted February 18, 2005 What is better. A roof over your head or Common sense?. Quote Link to post Share on other sites
Guest muttley Posted February 19, 2005 Report Share Posted February 19, 2005 What is better.A roof over your head or Common sense?. <{POST_SNAPBACK}> Common sense (Isn't that common sense?) Quote Link to post Share on other sites
Tonyb69 Posted February 19, 2005 Report Share Posted February 19, 2005 If you can keep your head while all those around you are losing theirs then you obviously don't understand the seriousness of the problem!!!!!!!! Quote Link to post Share on other sites
Sledgehead Posted February 19, 2005 Report Share Posted February 19, 2005 What is better.A roof over your head or Common sense?. <{POST_SNAPBACK}> If you have common sense, you can acquire a roof over your head. A fool and his money however are easily parted. Quote Link to post Share on other sites
THE SAGE Posted February 19, 2005 Report Share Posted February 19, 2005 What is better.A roof over your head or Common sense?. <{POST_SNAPBACK}> So a roof over your head is better than common sense? Maybe we should stop trying to educate our young and just put them into 140k luxury flats and we will have solved all the nations problems? Oh I forgot put them into the flats at interest only mortgages of course because we know that prices are always going to rise don't we? You cannot go wrong with property can you? Quote Link to post Share on other sites
jpjh Posted February 19, 2005 Report Share Posted February 19, 2005 zz... I put that graph in the Estate Agents Disaster Recovery Plan over a week ago. cmon keep up..... Estate Agents Disaster Recovery Plan Quote Link to post Share on other sites
THE SAGE Posted February 19, 2005 Report Share Posted February 19, 2005 If you can keep your head while all those around you are losing theirs then you obviously don't understand the seriousness of the problem!!!!!!!!<{POST_SNAPBACK}> You keep your head because you will have already worked out how serious the problem is! That is why the majority of the contributors and viewers here realise the housing market is completely and utterly screwed and will keep their heads as they can sit back and have a beer while all the dinner party btl brigade get wekk and truly shafted!!! Quote Link to post Share on other sites
VacantPossession Posted February 19, 2005 Report Share Posted February 19, 2005 What is better.A roof over your head or Common sense?. <{POST_SNAPBACK}> Another non-sequitur. Keep 'em coming. (See other Laurejon contributions). Non-sequitur: A statement that does not follow logically from what preceded it VP Quote Link to post Share on other sites
THE SAGE Posted February 19, 2005 Report Share Posted February 19, 2005 Another non-sequitur. Keep 'em coming. (See other Laurejon contributions).Non-sequitur: A statement that does not follow logically from what preceded it VP <{POST_SNAPBACK}> Yes I know it is futile trying to have a rational debate with someone such as laurejon but you cannot help yourself sometimes. So as bulls are constantlly making outrageous claims I will stick by my prediction of 40% fall in house prices by March 2006! Quote Link to post Share on other sites
laurejon Posted February 19, 2005 Report Share Posted February 19, 2005 Yes I know it is futile trying to have a rational debate with someonesuch as laurejon but you cannot help yourself sometimes. So as bulls are constantlly making outrageous claims I will stick by my prediction of 40% fall in house prices by March 2006! Now that is one hell of a prediction. Tell me oh wise one, where will interest rates be in March 2006?. 5,6,7,8,9,10,11,12,13,14,15,16% or maybe more?. Quote Link to post Share on other sites
THE SAGE Posted February 19, 2005 Report Share Posted February 19, 2005 Now that is one hell of a prediction. Tell me oh wise one, where will interest rates be in March 2006?. 5,6,7,8,9,10,11,12,13,14,15,16% or maybe more?. <{POST_SNAPBACK}> With all the speculation and wailing and knashing of teeth that goes on over a possible 1/4 % increase then it doesn't take a genius to work out that it may take only a further 1% increase from now to completely screw the housing market for years to come. I say it doesn't take a genius to work out the above but I forgot I was responding to Laurejon. Quote Link to post Share on other sites
Gtr London FTB Posted February 20, 2005 Report Share Posted February 20, 2005 I'm assuming that the y-axis is billions of pounds of mortage debt pa? Or is it some relative scale?<{POST_SNAPBACK}> I think it's the number of mortgages give in 000s. That graph is seasonally adjusted. Quote Link to post Share on other sites
Guest consa Posted February 20, 2005 Report Share Posted February 20, 2005 Shouldn't that graph show mortgages down to about 63000? if it was up to date, its about 20 000 too high Quote Link to post Share on other sites
Van Posted February 20, 2005 Report Share Posted February 20, 2005 Ladies and gentlemen, this is your captain speaking. Do not panic. We are out of fuel, all engines have stopped, and there is no emergency runway in sight. Please assume the crash position. Quote Link to post Share on other sites
Once Bitten x2 Shy Posted February 20, 2005 Report Share Posted February 20, 2005 If you have common sense, you can acquire a roof over your head.A fool and his money however are easily parted. <{POST_SNAPBACK}> How about a fool and the bank's borrowed money? Quote Link to post Share on other sites
Bearfacts Posted February 20, 2005 Report Share Posted February 20, 2005 Shouldn't that graph show mortgages down to about 63000? if it was up to date, its about 20 000 too high<{POST_SNAPBACK}> According to a graph I have ( downloaded from this site ) showing Bank of England data for mortgage approvals from 1986, 63000 is actually considerably lower than the lowest months figures during the last property crash, the lowest recorded then was approx 68000. the graph also showed how house prices tracked loan numbers albeit with a bit of a time lag, so here we go ..... Quote Link to post Share on other sites
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