Sunday, July 19, 2009

This makes me sick – literally!

I wouldn't be surprised if this time next year Haliwide was showing gains of 10%

''I wouldn't be surprised if this time next year Haliwide was showing gains of 10%. The market, has no supply and excess demand. With lenders slowily increasing the LTV, and the MPC not moving on rates for a fair while yet, then I can only see HPI picking up from here. FWIW, went for a drive in Surrey, 23 Sold signs 2 for sale. Normally the total number would be around twice this level, and approx 30% sold. Last Oct I only saw 2 sold boards.''

Posted by hpwatcher @ 06:27 PM (1639 views)
Please complete the required fields.



6 thoughts on “This makes me sick – literally!

  • Try and register…..seems that no new members are wanted or required.

    Perhaps DS writes all the posts himself?

    Reply
    Please complete the required fields.



  • I guess they are entitled to their opinion

    Reply
    Please complete the required fields.



  • It’s probably a joke site. It is called economics suck.

    Reply
    Please complete the required fields.



  • montesquieu says:

    congratulations, you just gave this VI-masquerading-as-commentator a huge boost in site traffic.

    as for the content it’s highly amusing but he does have some serious points to make (about growing mortgage availability, easier LTV criteria etc): what he doesn’t do is present the other side of the equation in any serious fashion.

    Therefore he’s totally wrong in his conclusions … but it seems that we are in for a period of stalemate and delayed capitulation regardless of the underlying fundamentals, if such punditry can still be delivered with a straight face.

    Reply
    Please complete the required fields.



  • congratulations, you just gave this VI-masquerading-as-commentator a huge boost in site traffic.

    It will make an old VI very happy!

    Reply
    Please complete the required fields.



  • I’m astonished Smithy thinks that unemployment won’t have any effect on our ability to buy overpriced houses and the outlook for housing in the medium term future.

    monty, David Smith has always delivered this crap with a straight face, and been consistently wrong. In 2007, he said that house prices would not go down, in 2006 he said that debt was not a problem – he even claimed that MEW was creating wealth for the country. In 2008 he said that sterling would not fall significantly and even if it did it wouldn’t have any effect on inflation. Now he completely forgets the same factors that scuppered Japan’s recovery from a credit boom (oh, Smithy also denies any comparison’s with Japan’s credit boom and bust).

    David Smith makes Kaletsky look like The Sage of … The Thames Valley! The only thing consistent about his ‘analysis’ is that its consistently wrong. I used to know a currency trader who used to monitor his ‘Economic Suk’ blog (as he used to call it), just to find out what not to do next!

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>