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Declan At 7-


Guest KingCharles1st

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i must confess i used to watch the portly little twonk for a laugh but i just cannot stand his particular brand of cloying status quo sophistry anymore, someone give me the edited highlights ;)

+1

You should have seen his face when the woman from Capital Economics predicted a fall of 35% by 2010. He looked like he was sucking a lemon!! :lol:

And then he went to pi$$ on the FTB chips by smugly stating that even house prices are cheaper now, you'll probably never get a mortgage any way.

I used to give the little git the benefit of the doubt but after this mornings performance, he's first rate VI.

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And then he went to pi$$ on the FTB chips by smugly stating that even house prices are cheaper now, you'll probably never get a mortgage any way.

He obviously does not have the ability to add 1 + 1.

1) House prices are falling

1) Because house prices are falling, would be FTBs can't get mortgages without a huge deposit

2) House prices - your only source of 'wealth', Declan - will continue to go down until .... they stop going down.

Wonder what will stop them going down? As I see it, to stop the rot, at some point a lender will have to relax their lending to allow 97.5% LTVs. With house prices falling at 2% a month, and most of the big lenders already nursing huge losses, who will jump back in first?

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I'm amazed he gets a full salary for his ten minute daily VI slot.

Burning our money.

And, of course, they'll SEND YOU TO PRISON if you don't pay the licence fee that pays his salary.

How far away is the day when you can watch everything you want to watch via the internet. The iplayer is great. If I lived on my own the telly would be in the bin.

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Unlike a few of you here, I`m not really fussed about Declan. Yes, he`s "finance for the sheeple", but I mostly ignore him.

However, one thing he said this morning did put my my TV screen at risk from impact from the remote control.

It went something like "You would think that falling house prices would be good for FTB`ers. FTB`ers who can now afford a home, can`t get the mortgage because they need a 20% deposit".

SO, IN REALITY, THEY CAN`T AFFORD A HOME YET ! Declan should have said that continuing house price falls are still good news, because give it a year or two, the FTB`er will be able to afford the deposit and the mortgage.

What a muppet.

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One of the joys I have found of moving house is not having a TV to watch this little rotund idiot spouting crap every morning. I did here Fiona Earley or whatever she is called on Radio 4 this morning trying to put a positive spin on Wimpey's results.

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And then he went to pi$$ on the FTB chips by smugly stating that even house prices are cheaper now, you'll probably never get a mortgage anyway.

Not just FTBs will find it difficult. Which means that houses will either remain unsold (bye bye EAs by the drove as their income stream collapses) or sellers will have to lower their prices to what people can actually afford.

Either result will be an improvement over the last few years of bubblicious insanity.

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I forgot to mention the Fioioioioiona Early was spouting the supply and demand arguement as to why house prices would recover. I beg to retort Fioioioioioioioioioioioioioiona, there was a supply of cheap credit and a demand for property for it to go into. Now there isn't.

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That cheered me up when I was having my breakfast.

The woman from Capital Economics was very good. She made two very good points, that even with a 10.5% drop house prices were still grossly overpriced and that they are predicting 35% drops from peak over the next two years.

Declan of course was as useful as a lone washing-up glove again. Saying that FTB's could get into the market soon - no thanks! And I couldn't believe that guy Bill in the studio, saying remember everyone it's only one prediction. He comes across as a good bloke normally but I think he was under orders to reassure the viewers after the -35% prediction.

A very good way to start the morning : )

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That cheered me up when I was having my breakfast.

The woman from Capital Economics was very good. She made two very good points, that even with a 10.5% drop house prices were still grossly overpriced and that they are predicting 35% drops from peak over the next two years.

Declan of course was as useful as a lone washing-up glove again. Saying that FTB's could get into the market soon - no thanks! And I couldn't believe that guy Bill in the studio, saying remember everyone it's only one prediction. He comes across as a good bloke normally but I think he was under orders to reassure the viewers after the -35% prediction.

A very good way to start the morning : )

I nearly threw my TV out of the window. I used to enjoy chubby boy's antics but this morning's emphasis yet again was if only those pesky banks would start giving away free money again then everything will be right as rain.

How long is it going to take for people to work out that house prices are not a factor of supply and demand but of effective demand. The key in setting that demand level is the availability of finance. If the finance isn't available you can't sell your house for a bazillion pounds can you? The banks are setting prices and at best they are looking at them falling by 25%. So Sellers are you willing to take the plunge? Of course not. Most people will believe their house is somehow immune.

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That cheered me up when I was having my breakfast.

The woman from Capital Economics was very good. She made two very good points, that even with a 10.5% drop house prices were still grossly overpriced and that they are predicting 35% drops from peak over the next two years.

Declan of course was as useful as a lone washing-up glove again. Saying that FTB's could get into the market soon - no thanks! And I couldn't believe that guy Bill in the studio, saying remember everyone it's only one prediction. He comes across as a good bloke normally but I think he was under orders to reassure the viewers after the -35% prediction.

A very good way to start the morning : )

Bill Turnbull is a ****, i've never liked him. I bet he beats his wife.

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I would be amazed if he does, she is three times his size... I recall from a clip when he was on Strictly Come Dancing.

That's because he force feeds her. He wants to grow her until she weighs 80st and then he'll make wierd internet porn movies of the blubbery whale.

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I like Declan, he's a good presenter. I don't always agree with him but he's funny too.

And I don't see how the BBC can be considered a New Labour propaganda machine. David Cameron gets interviewed and featured more than Brown and has a lot more personal appeal, and I'm not a Conservative.

Edited by blankster
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He is staggeringly arrogant and thoroughly unlikeable.

============================================================================

A goody two-shoes, politically correct, bland intellect incapable of original thought - presumably that's how you get a presenter's job on morning tv.

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Wonder what will stop them going down? As I see it, to stop the rot, at some point a lender will have to relax their lending to allow 97.5% LTVs. With house prices falling at 2% a month, and most of the big lenders already nursing huge losses, who will jump back in first?

This is what worries me when we hear that the govt may get the BoE to guarantee all new mortgages.

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  • 440 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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