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House Price Crash forum > About housepricecrash.co.uk > About housepricecrash.co.uk
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cells
do your own. or critique others



1: There is no shortage of property.

2: Our current debt system is ebil , ebil bankers are printing money and laughing at us. Ebil ebil ebil.

3: CPI/RPI is fake.

4: this country is over populated.

5: if we make planning laws a bit less stringent quality will go down.

6: the green belt is important

7: global warming / peak oil is happening (so what, that’s not the question you should ask yourself. It is more like… what will it cost to tackle, who will pay for it, how will they pay for it. Is it worth the money? What’s the cheapest option? Is it really a good idea to leave this to government? If not them then who? Ect ect ect)

8: Black Mon/Tues/Wed/Thurs/Fri/Sat/Sun

9: there is nothing we can do

10: The government has no control
Errol
Just at a glance 4, 6 and 10 are absolutely true. Not sure why you think they're stupid, to be honest.
notanewmember
T
Captain Cavey
11. 100% guaranteed
cells
QUOTE (Errol @ Feb 20 2008, 10:03 PM) *
Just at a glance 4, 6 and 10 are absolutely true. Not sure why you think they're stupid, to be honest.



the point is to start some discussion



4: this country is over populated.
proof? Just so you know. MORE THAN 90% of the land is unused or used to intensively farm crops with artificial fertilisers, pesticides ect
90% empty in my books is not over populated in any sense!



6: the green belt is important
to who? people with vested interests?

back 50 years ago yes perhaps it was a good idea to try and preserve green open space close to large cities so the people could enjoy it.

but today. you cen go to another country for £40.

so what exactly is the point of green belts. 99% of people in cities dont go out there to enjoy them (which is why they where created). the reson they dont is becuase its easy and CHEAP to travil 100s of miles these days

all the green belt does today is peserve VI interests


10: The government has no control

they have full control of the currency.
they can inflate it at whim. Just ask mugambae if you dont believe that
they can deflate at whim!

they cant control the real economy in a positive way, but they sure as have full control of the money!!!
teddyboy
QUOTE (cells @ Feb 20 2008, 10:00 PM) *
do your own. or critique others



1: There is no shortage of property.

2: Our current debt system is ebil , ebil bankers are printing money and laughing at us. Ebil ebil ebil.

3: CPI/RPI is fake.

4: this country is over populated.

5: if we make planning laws a bit less stringent quality will go down.

6: the green belt is important

7: global warming / peak oil is happening (so what, that's not the question you should ask yourself. It is more like… what will it cost to tackle, who will pay for it, how will they pay for it. Is it worth the money? What's the cheapest option? Is it really a good idea to leave this to government? If not them then who? Ect ect ect)

8: Black Mon/Tues/Wed/Thurs/Fri/Sat/Sun

9: there is nothing we can do

10: The government has no control


Wheres "Gordon Brown is a k*nt"????

Number 1 for me tongue.gif

TB
notanewmember
How about

the crash is in the bag! Wayhayyyyyyyyyyyyyyyyyy! Yehaaaaaaaaaaaaaaaaaaaawwwwwwwwwwwwwwwwww!!!!!!!! Wahooooooooooooooooooooo!!!!!!!!!!!!!!!!!!
Buffer Bear
Prices are going to fall 40% in a year wacko.gif huh.gif rolleyes.gif

smile.gif
cells
oh i probably should have added


:: Most people including homeowners will be happy with a HPC ::
thefinalbear
1: There is no shortage of property.

- Well, there's not.


2: Our current debt system is ebil , ebil bankers are printing money and laughing at us. Ebil ebil ebil.

- 100% correct guaranteed


3: CPI/RPI is fake.

- You know it is.


4: this country is over populated.

- Always has been


5: if we make planning laws a bit less stringent quality will go down.

- Remains to be seen



6: the green belt is important

- I'm undecided


7: global warming / peak oil is happening (so what, that’s not the question you should ask yourself. It is more like… what will it cost to tackle, who will pay for it, how will they pay for it. Is it worth the money? What’s the cheapest option? Is it really a good idea to leave this to government? If not them then who? Ect ect ect)

- Correct.



8: Black Mon/Tues/Wed/Thurs/Fri/Sat/Sun

- One day........it'll happen :-)



9: there is nothing we can do

- The French used a guillotine......but you can buy gold.


10: The government has no control

- Shhhh.....you'll scare people



InternationalRockSuperstar
QUOTE (cells @ Feb 20 2008, 10:00 PM) *
do your own. or critique others



1: There is no shortage of property.

2: Our current debt system is ebil , ebil bankers are printing money and laughing at us. Ebil ebil ebil.

3: CPI/RPI is fake.

4: this country is over populated.

5: if we make planning laws a bit less stringent quality will go down.

6: the green belt is important

7: global warming / peak oil is happening (so what, that’s not the question you should ask yourself. It is more like… what will it cost to tackle, who will pay for it, how will they pay for it. Is it worth the money? What’s the cheapest option? Is it really a good idea to leave this to government? If not them then who? Ect ect ect)

8: Black Mon/Tues/Wed/Thurs/Fri/Sat/Sun

9: there is nothing we can do

10: The government has no control


1. There are over 1 mil properties on rightmove RIGHT NOW and according to Gov't's own figures there are over 1 mil vacant homes RIGHT NOW.

2. It is evil. Have you seen January's M4 figures? Up 12.9% YoY. There is already a thread on this matter

3. See 2

4. The economy of this country is not strong enough to support the current population. It was reported that for the first time there are now more Poles exiting Britain than entering amd we can expect this trend to continue. Britain population will be at least a couple of million less 5 years from now as people flee the wrecked economy leaving some poor sods left to have the sh1t taxed out of them by the Gov't.

5. Who said that?

6. I don't believe it is.

sod the rest.
Injin

Gold is true money. laugh.gif

Government will work for our benefit if we just get the right legislation/person/party in place. laugh.gif

The banking system is a defensible, sensible affair that anyone who was able to freely choose would pick over all other alternatives if offered a choice. laugh.gif laugh.gif

It's the immigrants/muslims/scotch/bedwetters/mormons, innit.

The government can do anything, even fake moon landings.

The government can't do anything, even run a bath.

symo
Oooooo flame troll alert. Recent bad news altering your world view. Feeling the need to post rants on youtube.

Any-hows.

1: There is no shortage of property.
Err there isn't. Even the government states 600,000 homes are empty. So going by recent government stats multiply that by 2.5

2: Our current debt system is ebil , ebil bankers are printing money and laughing at us. Ebil ebil ebil.
So money supply has not increased in the last 5 years? Prove it.

3: CPI/RPI is fake.
So how come most needed items like food have risen by a minimum of 10% yet because couches are dirt cheap CPI doesn't rise. I buy a couch once every 15 years.

4: this country is over populated.
No I agree not comapred to Japan but I would rather builds went upwards or downwards so we could keep the capacity to grow enough crops.

5: if we make planning laws a bit less stringent quality will go down.
Fact, whenever a councillor is exposed as being in a builders pocket you can see why. No laws doesn't always equal a good minimum standard to compete in the market place. I could buy a wood axe in B&Q made in China, but having done that I would now rather spend more on a Grasfors. Also as an engineer I can tell when stuff has been made to code and stuff that hasn't and generally that which hasn't is dangerous.

6: the green belt is important
Experiment yourself by locking yourself in a chamber and removing oxygen but pumping CO2 in. Kinda don't need any other reason to see why we need plants and trees.
PLus they look better than executive luxury apartments.

7: global warming / peak oil is happening (so what, that’s not the question you should ask yourself. It is more like… what will it cost to tackle, who will pay for it, how will they pay for it. Is it worth the money? What’s the cheapest option? Is it really a good idea to leave this to government? If not them then who? Ect ect ect)
I work in the energy industry. Currently off-shore Brazil is where my work is going. My advice to you is make yourself more reliant on less energy savings solutions around your home. You won't save any money but its all a conspiracy theory anyway isn't it?
By the way oil exploration is moving further offshore because we keep tripping over fields close to shore/inland. Oh thats right we don't. By the way FPSO vessels whilst flexible in moving between these new smaller (except Tupi) fields are a lot more expensive to build and run.
But hey what do I know?

8: Black Mon/Tues/Wed/Thurs/Fri/Sat/Sun
Well it was a bit over the top recently. Today though it definetely happened as all the cheap credit for those people who have ramped property price beyond those of the average person just vanished.

9: there is nothing we can do
Meme behavoiur. We can't I cannot convince the general population of my viewpoint becasue I don't have my own TV programme showing house prices going down to counteract those showing them rising. Also the majority move up together and will certainly move down together too.

10: The government has no control
You think they have. Hey good for you buddy.
cells
QUOTE (InternationalRockSuperstar @ Feb 20 2008, 10:19 PM) *
1. There are over 1 mil properties on rightmove RIGHT NOW and according to Gov't's own figures there are over 1 mil vacant homes RIGHT NOW.
this is #1 becuase soooo many people ont his site truely believe we have no shortgage, pointing to stupid irrelevent things such as the number of homes on rightmove or the number of vacent properties.

to start with, the number of properties on rightmove is an indication of how frequently people move homes, very little else can be gained from that data.
on average people move every 8 years. If for example people moved every 4 years the number of homes on rightmove would be double.
no of homes up for sale is an indication of how frequently people move home. nothing else!!!!!!!!


as for the no of vacent propertyies. it is the slack in the system. Almost no real system can be 100% perfect. so it is expected that out of 20odd million homes a few % will be empty. if 1mil homes are empty it means 95% of homes are full. id say the other 5% is a non perfect sysytem. IE even if we destroyed half the homes in the country and created a massive massive shortgage, there would still be empty properties beucase the system will not be 100% perfect


2. It is evil. Have you seen January's M4 figures? Up 12.9% YoY. There is already a thread on this matter

its not the bedt system itself to blame. if interest rates where correctly set M4 would be 0%. infact if interest rates where set higher than needed M4 would be negative. so its not the debt system that is ebil. it is those who have VI in keeping M$ positive

3. See 2
its not fake. you cant just point to one item and say omg 10% inflation. CPI and RPI is an AVERAGE. look at Cars, they have gone from 10k for a decent new car 10 years ago to 6k for a decent new car, thats dispite inflation! or laptops. from 1k to £300 ect

4. The economy of this country is not strong enough to support the current population. It was reported that for the first time there are now more Poles exiting Britain than entering amd we can expect this trend to continue. Britain population will be at least a couple of million less 5 years from now as people flee the wrecked economy leaving some poor sods left to have the sh1t taxed out of them by the Gov't.
how is that proof of overpopulation??

5. Who said that?
many people, i suppose they dont know that building regulations keep quility up. planning laws dont really do that

6. I don't believe it is.
good man

sod the rest.

Jimothy
10 Stuuuupiddd Hpcers

1) Cel..........
cells
QUOTE (symo @ Feb 20 2008, 10:27 PM) *
Oooooo flame troll alert. Recent bad news altering your world view. Feeling the need to post rants on youtube.

Any-hows.

1: There is no shortage of property.
Err there isn't. Even the government states 600,000 homes are empty. So going by recent government stats multiply that by 2.5
already answered. empty properties dont mean we have too many homes! its just the slack in a real system. not to mention a lot of those are probably unliveable without upgrading or fixing ect

2: Our current debt system is ebil , ebil bankers are printing money and laughing at us. Ebil ebil ebil.
So money supply has not increased in the last 5 years? Prove it.
its NOT the system itself that is the problem! it is the fact that the system is being missused by vested interests, such as the goverment or those whom are asset rich ect. so you cant say the debt system is ebil. if those who controled it where honourable we would have 0% M4 growth and 0% inflation ect

3: CPI/RPI is fake.
So how come most needed items like food have risen by a minimum of 10% yet because couches are dirt cheap CPI doesn't rise. I buy a couch once every 15 years.
CPI/RPI is an average. it may not represent you! and you know its calculated the same way in over 100 countries? you think all 100 are faking it?

4: this country is over populated.
No I agree not comapred to Japan but I would rather builds went upwards or downwards so we could keep the capacity to grow enough crops.
not required in the modern world. before you say anything stupid like WW3. there will be no more world wars or massive wars becuase of nukes!

5: if we make planning laws a bit less stringent quality will go down.
Fact, whenever a councillor is exposed as being in a builders pocket you can see why. No laws doesn't always equal a good minimum standard to compete in the market place. I could buy a wood axe in B&Q made in China, but having done that I would now rather spend more on a Grasfors. Also as an engineer I can tell when stuff has been made to code and stuff that hasn't and generally that which hasn't is dangerous.
shame on you. planning laws dont insure QUILITY. you can get planning permission and build to a very low quilty. Building regs tend to insure quility far more than planning laws!

6: the green belt is important
Experiment yourself by locking yourself in a chamber and removing oxygen but pumping CO2 in. Kinda don't need any other reason to see why we need plants and trees.
PLus they look better than executive luxury apartments.
i have nothing against trees. or plants. i hate that a few VI can basicly land-bank the outsides of cities and says its for the good of the population of the cities. i can tell you i lived in london for 15 years. i didnt once think to myself. id like to see the countyside so ill go a lil above the M25. its an utdated idea that only serves VI now!

7: global warming / peak oil is happening (so what, that’s not the question you should ask yourself. It is more like… what will it cost to tackle, who will pay for it, how will they pay for it. Is it worth the money? What’s the cheapest option? Is it really a good idea to leave this to government? If not them then who? Ect ect ect)
I work in the energy industry. Currently off-shore Brazil is where my work is going. My advice to you is make yourself more reliant on less energy savings solutions around your home. You won't save any money but its all a conspiracy theory anyway isn't it?
By the way oil exploration is moving further offshore because we keep tripping over fields close to shore/inland. Oh thats right we don't. By the way FPSO vessels whilst flexible in moving between these new smaller (except Tupi) fields are a lot more expensive to build and run.
But hey what do I know?
did they teach you to read at engineering school?? im not implicitly saying global warming or peak oil is fake. im saying people and by the looks of it you for sure are blinded by one thing (it is happening YES? NO? YES? NO?...... its far more complex. we should be discussing the other questions mentioned too

8: Black Mon/Tues/Wed/Thurs/Fri/Sat/Sun
Well it was a bit over the top recently. Today though it definetely happened as all the cheap credit for those people who have ramped property price beyond those of the average person just vanished.

9: there is nothing we can do
Meme behavoiur. We can't I cannot convince the general population of my viewpoint becasue I don't have my own TV programme showing house prices going down to counteract those showing them rising. Also the majority move up together and will certainly move down together too.
a small grooup of people with few resources can move marginal seats. which is what basicly decides who is in goverment. now witht he internet the general public has a LOT of power. most are just too lazy

10: The government has no control
You think they have. Hey good for you buddy.
they have full control of the money supply, which is what i was talking about




i cant and wount answer everyones questions. just so you all know
Charlie The Tramp
Just remember the word Utilities, therein lays the problem building houses everywhere.

Who is going to pay the billions to instal all the Utilities required to serve all these new houses.

London alone has not enough water, the sewage system is overstretched, increasingly more rubbish produced to go to landfill.

It ain`t a pretty picture. I once asked why thousands of houses could not be built in an area within my local GL boundary consisting of hundreds of acres which is not Green Belt or Recreational land, never used for any purpose just laying dormant
.
The answer was simple, the cost of supplying these homes with water, sewage, gas, and electricity was exorbitant.

Do we double the charges by Utility Companies to pay for it or does the Developer pay ? wink.gif
Pluto
QUOTE (cells @ Feb 20 2008, 05:00 PM) *
do your own. or critique others



1: There is no shortage of property.

2: Our current debt system is ebil , ebil bankers are printing money and laughing at us. Ebil ebil ebil.

3: CPI/RPI is fake.

4: this country is over populated.

5: if we make planning laws a bit less stringent quality will go down.

6: the green belt is important

7: global warming / peak oil is happening (so what, that’s not the question you should ask yourself. It is more like… what will it cost to tackle, who will pay for it, how will they pay for it. Is it worth the money? What’s the cheapest option? Is it really a good idea to leave this to government? If not them then who? Ect ect ect)

8: Black Mon/Tues/Wed/Thurs/Fri/Sat/Sun

9: there is nothing we can do

10: The government has no control


I only read the first one as it looks like a lot of drivel, but I'll bite on it anyway. Do you know what a shortage of property actually means, for that matter do you know what a shortage of anything means? There has never been a shortage of property in the UK, USA, or Spain, or anywhere else where a bubble in credit has been occurring. These are media lies and manipulation to get the suckers to borrow money. Yes suckers. If there were true shortages the estate agents would have windows full of nothing, just like the bakery in Zimbabwe where there is a true shortage of bread and cream cakes. The supply and demand is not what you think it is. They want you to believe the supply is limited because of small island and demand is infinite because of immigrants. These are also lies. The demand part of the equation was, and always is, the banks lending criteria.

The masses have been suckered into the biggest global con ever concocted. Charles Ponzi would have been amazed his scheme could ever have gone global.






cells
QUOTE (Charlie The Tramp @ Feb 20 2008, 10:43 PM) *
Just remember the word Utilities, therein lays the problem building houses everywhere.

Who is going to pay the billions to instal all the Utilities required to serve all these new houses.

London alone has not enough water, the sewage system is overstretched, increasingly more rubbish produced to go to landfill.

It ain`t a pretty picture. I once asked why thousands of houses could not be built in an area within my local GL boundary consisting of hundreds of acres which is not Green Belt or Recreational land, never used for any purpose just laying dormant
.
The answer was simple, the cost of supplying these homes with water, sewage, gas, and electricity was exorbitant.

Do we double the charges by Utility Companies to pay for it or does the Developer pay ? wink.gif





the house builders install these at their own cost


really 'Charlie im disapointed sad.gif


"London alone has not enough water, the sewage system is overstretched, increasingly more rubbish produced to go to landfill."

where not increasing the population by building more homes
i drank the same amount of water as i do now when i lived with my parents
i went to the shitter the same amount of times per week.
i produced the same amount of rubblis

charlie charlie charlie wacko.gif
TheUsualSuspect
My favourites :

Don't buy a property irrespective of you circumstances, because you'll be able to buy one in a few months time for 50% of the current price.

People can live for less than a tenner a day. Anyone who doesn't has obviously spent all their money on plasma TVs and an Audi TT.

Anyone who has bought a house should be referred to as "sheeple" as they are a primitive type who live their lives vacuously chewing the cud of X-Factor and blatantly don't have a brain. They never recognise anything about the economic environment they live in, and should spend their lives on the internet discussing the coming armagedon.

If you haven't got a few "K" to invest in gold, irrespective of your family circumstances you are unfit to be a parent as it will be the only exchange medium in a few years time. (see also "Shotgun ownership")

"Shoulders" on abstract graphs mean you don't understand how important the graph is and despite their presence in the public domain, no other economist or city trader will have recognised the fact that they exist.










cells
QUOTE (Pluto @ Feb 20 2008, 10:44 PM) *
I only read the first one as it looks like a lot of drivel, but I'll bite on it anyway. Do you know what a shortage of property actually means, for that matter do you know what a shortage of anything means? There has never been a shortage of property in the UK, USA, or Spain, or anywhere else where a bubble in credit has been occurring. These are media lies and manipulation to get the suckers to borrow money. Yes suckers. If there were true shortages the estate agents would have windows full of nothing, just like the bakery in Zimbabwe where there is a true shortage of bread and cream cakes. The supply and demand is not what you think it is. They want you to believe the supply is limited because of small island and demand is infinite because of immigrants. These are also lies. The demand part of the equation was, and always is, the banks lending criteria.

The masses have been suckered into the biggest global con ever concocted. Charles Ponzi would have been amazed his scheme could ever have gone global.



technical speaking you are correct. there is no shortgage in the way you might think of shortage of beans in zimbabwae


but if we destroyed 5million homes slowly over 20years.
there would still not be a shortgage by your definition. people would just be living denser



i suppose the correct way to put it woul de


there is a shortgage of property such that people have to live more densly than desired.
muttley
QUOTE (Charlie The Tramp @ Feb 20 2008, 10:43 PM) *
London alone has not enough water,

Maybe if you didn't put so much of it in your beer there would be enough to go round. tongue.gif
thefinalbear
QUOTE
Don't buy a property irrespective of you circumstances, because you'll be able to buy one in a few months time for 50% of the current price.

People can live for less than a tenner a day. Anyone who doesn't has obviously spent all their money on plasma TVs and an Audi TT.

Anyone who has bought a house should be referred to as "sheeple" as they are a primitive type who live their lives vacuously chewing the cud of X-Factor and blatantly don't have a brain. They never recognise anything about the economic environment they live in, and should spend their lives on the internet discussing the coming armagedon.

If you haven't got a few "K" to invest in gold, irrespective of your family circumstances you are unfit to be a parent as it will be the only exchange medium in a few years time. (see also "Shotgun ownership")

"Shoulders" on abstract graphs mean you don't understand how important the graph is and despite their presence in the public domain, no other economist or city trader will have recognised the fact that they exist.






laugh.gif laugh.gif laugh.gif



.......but I found myself nodding and agreeing at the same time. huh.gif
Charlie The Tramp
QUOTE (cells @ Feb 20 2008, 10:47 PM) *
the house builders install these at their own cost


really 'Charlie im disapointed sad.gif


Well in the area I am talking of the Developer would have to charge 2 million for a 2 bed s**t build. wink.gif

The developer normally just has to connect a few yards to existing services, not to install major works not already in place covering miles.

QUOTE
where not increasing the population by building more homes


What is the population of London today compared with 20 years ago?

How many extra jobs have been created in London compared with 20 years ago?

Why do Thames Water have to discharge raw sewage into the Thames when they did not 20 years ago ?

What is the population of the Uk compared with 20 years ago. ?

QUOTE
and putting up a few pilons ( Pylons )


I think you will find everthing has to go underground these days, Health and Safety I believe.
cells
QUOTE (Charlie The Tramp @ Feb 20 2008, 10:55 PM) *
Well in the area I am talking of the Developer would have to charge 2 million for a 2 bed s**t build. wink.gif

The developer normally just has to connect a few yards to existing services, not to install major works not already in place covering miles.




im not forcing the developers to build where it is uneconomical.



and i really cant believe in this current market it is uneconomical to put a decient sized develpment anywhere in the country.


if you consider it costs less than 100k to build a 3 bed home. and on average they sell for 200k
thats a profit of 100k

for a development of 10,000 homes. thats a profit of 1billion


somehow i dont think piping water to and from said place and putting up a few pilons and a few transformers and a few roads is going to cost 1bil


(not to mention the gov would get a massive tax from building of 10,000 homes. of which it would be feasible to ask for at lest the roads ect)



anyway. i think we are digressing.



make planning lax was my argument!
TIMSY
QUOTE (cells @ Feb 20 2008, 10:50 PM) *
technical speaking you are correct. there is no shortgage in the way you might think of shortage of beans in zimbabwae


but if we destroyed 5million homes slowly over 20years.
there would still not be a shortgage by your definition. people would just be living denser



i suppose the correct way to put it woul de


there is a shortgage of property such that people have to live more densly than desired.


I think you have been beaten on your no shortage theory CELLS, you are now comming out with a lot of dribble.
cells
QUOTE (TIMSY @ Feb 20 2008, 11:04 PM) *
I think you have been beaten on your no shortage theory CELLS are are now comming out with a lot of dribble.




yeh, i am ohmy.gif



apart from what i said was right. or pluto would have had my head over it.

him not posting back is conformation of my viewpoint tbh
Errol
QUOTE (Injin @ Feb 20 2008, 10:20 PM) *
Gold is true money.


Gold is money. Gold is the ultimate currency and is currently demostrating just why.
Turnbull2000
THE CRASH IS HERE
anorthosite
Global warming is caused by solar variation/is a load of rubbish/is a government conspiracy.

London subsidises the rest of the UK

Here we go! (usually on a black monday thread)

Kirsty? Yeah, I would.

Sarah? Nah, I'll stick with Kirsty. Actually, maybe I can get her to bring Phil... blink.gif

Worldview/morality/molecules-to-man (well, just one HPCer says that)
Pluto
QUOTE (cells @ Feb 20 2008, 06:15 PM) *
yeh, i am ohmy.gif



apart from what i said was right. or pluto would have had my head over it.

him not posting back is conformation of my viewpoint tbh


Cells have you bought a property in the last seven years? If you haven't just be thankful you are not one of the suckers I was talking about. A collapse in property prices will put them back to pre-bubble levels and lower. Oh your living denser argument. That is true some people people are denser than others, but that does not apply to their abode but their grey matter.
cells
QUOTE (Pluto @ Feb 20 2008, 11:35 PM) *
Cells have you bought a property in the last seven years? If you haven't just be thankful you are not one of the suckers I was talking about. A collapse in property prices will put them back to pre-bubble levels and lower. Oh your living denser argument. That is true some people people are denser than others, but that does not apply to their abode but their grey matter.




the thing that i keep saying, and im suprised at you for not knowing this..



PRICE isnt a good way to judge if there is a shortgage. Price is far more depenent on creidt


you have to look at RENT prices. which are not effected by credit as most people dont borrow to pay the rent




my argument has always been. rents are farrrrrrr to high. which in my book means there is a shortgage of homes (not a shortgage to rent, a shortage period)



i always use the example of where i lived in london.
a modest 3bed house rents for 1k. or 12k pa
average wage is 30k. or about 20k after tax.

so thats 60% of take home pay for the average person to afford the average home




im by books. if in a certain area you must pay more than 25% of average wage for the average property there is a shortgage



you may argue 60% is fine for housing.


unless you think 60% is fine and fair. there is a shortgage
Charlie The Tramp
QUOTE (Pluto @ Feb 20 2008, 11:35 PM) *
Cells have you bought a property in the last seven years? If you haven't just be thankful you are not one of the suckers I was talking about. A collapse in property prices will put them back to pre-bubble levels and lower. Oh your living denser argument. That is true some people people are denser than others, but that does not apply to their abode but their grey matter.


A Neighbour bought his property for £109k 7 years ago, another neighbour sold last month for £285k, are you seriously saying the first neighbour will see his property crash below the £109k he paid for it in 2001, you are joking aren`t you. rolleyes.gif

BTW my property did not regain its 1989 price until 2002.
TIMSY
QUOTE (Pluto @ Feb 20 2008, 11:35 PM) *
Cells have you bought a property in the last seven years? If you haven't just be thankful you are not one of the suckers I was talking about. A collapse in property prices will put them back to pre-bubble levels and lower. Oh your living denser argument. That is true some people people are denser than others, but that does not apply to their abode but their grey matter.


Cells has come out with the shortage theory in the past, about 6 months ago, it did not add up then, and it certainly does not now. The percentage of propertys with the NO CHAIN tag on in the local rag must be at least 30%. Are all these people emigrating.
On one estate agents page of propertys for sale i counted 20 propertys out of a total of 32 had the NO CHAIN tag on them.
cells
QUOTE (Charlie The Tramp @ Feb 20 2008, 11:47 PM) *
A Neighbour bought his property for £109k 7 years ago, another neighbour sold last month for £285k, are you seriously saying the first neighbour will see his property crash below the £109k he paid for it in 2001, you are joking aren`t you. rolleyes.gif

BTW my property did not regain its 1989 price until 2002.



no. pluto seriously thinks he is gonaing to be buying streets of kensington property per one ounce of gold he has tongue.gif in a few years time
alabala
Take It Easy Guys... dry.gif
http://www.weebls-stuff.com/toons/The+Estate+Agent/
Baz63
Timberrrrrrrrrrrrrrrrrr!



HPC is like an oil tanker.... rolleyes.gif



House prices are crashing in Warwickshire (circulating since 2005 laugh.gif )



Propertysnake is a great site. blink.gif



'My best friend's, uncle, cousin's estate agent told me...'




Oh! And the one about looking at rear view mirrors...?





cells
QUOTE (TIMSY @ Feb 20 2008, 11:48 PM) *
Cells has come out with the shortage theory in the past, about 6 months ago, it did not add up then, and it certainly does not now. The percentage of propertys with the NO CHAIN tag on in the local rag must be at least 30%. Are all these people emigrating.
On one estate agents page of propertys for sale i counted 20 propertys out of a total of 32 had the NO CHAIN tag on them.




i think i will write a letter to the respective people to give you a nobel prize in peace or something



as i and many people have shown you a billion times. the number of no chain properties for sale DOESNT MEAN A DAM THING about supply.



my time would be wasted on you, so im not gona bother explaining for the 100th time
scuuzeme
QUOTE (cells @ Feb 20 2008, 10:50 PM) *
technical speaking you are correct. there is no shortgage in the way you might think of shortage of beans in zimbabwae


but if we destroyed 5million homes slowly over 20years.
there would still not be a shortgage by your definition. people would just be living denser



i suppose the correct way to put it woul de


there is a shortgage of property such that people have to live more densly than desired.


Are you finally getting the point then?
cells
QUOTE (scuuzeme @ Feb 21 2008, 12:13 AM) *
Are you finally getting the point then?




i think ill call it a night here


go back and read. or bury your head in the sand like a good lil sheeple
Pluto
QUOTE (Charlie The Tramp @ Feb 20 2008, 06:47 PM) *
A Neighbour bought his property for £109k 7 years ago, another neighbour sold last month for £285k, are you seriously saying the first neighbour will see his property crash below the £109k he paid for it in 2001, you are joking aren`t you. rolleyes.gif

BTW my property did not regain its 1989 price until 2002.


Maybe not nominally, but inflation adjusted, yes. However, this bubble is far worst than most pundits admit so it could go below the 109 price, maybe into the 80s or so.

I am old enough to have been through enough of these crashes to know they can be totally merciless.
CATFLAP
Dum de dum de dum - oh look, a bridge. Wonder what lurks beneath?


QUOTE (notanewmember @ Feb 20 2008, 10:07 PM) *
T


give me an R


QUOTE (cells @ Feb 20 2008, 11:57 PM) *
my time would be wasted on you, so im not gona bother explaining for the 100th time


Oh please, just for me.... just one more time pleaaaaase!! laugh.gif


Here's some of the stupid things HPC'ers say when they're not surfing MySpace or doing their A-level economics homework in the common room!

QUOTE (***** @ Nov 26 2007, 03:18 PM) *
so supply of homes has little to do with rent?

ahh, we have Mr Intelegent here! so your saying if we destroy 20million of the 25million homes in this country rents wount increase at all?

WOW, i think ill hand you retard of the day medal for that!



the problem with you is, you real some website telling you that land taxation would help housing, and now that makes you intellegant, right?
the problem with that is, said website doesnt work if said reader is a turd!

if a land tax was astabilished, it would, guess what? FORCE the sale of land, to someone who wants to build

OMFG OMFG, so now we have land to bild on, guess what we do with said land?

your not gona believe this!

but we build on it




so i said, we need to build more to make rents cheaper


and your retarded self said: we need to tax land, to free up land to build on


one in the same thing





noob!


Classic!
Charlie The Tramp
QUOTE (Pluto @ Feb 21 2008, 12:21 AM) *
Maybe not nominally, but inflation adjusted, yes. However, this bubble is far worst than most pundits admit so it could go below the 109 price, maybe into the 80s or so.

I am old enough to have been through enough of these crashes to know they can be totally merciless.


You are old enough to have been through enough of these crashes and still you make a statement like that, the mind boggles.

Today to buy the land and build that house with just a 10% profit for the developer or builder the cost would be at least £175k.

Maybe owning Gold as we see in fictional films turn a man`s mind to insanity.

I really can`t believe the c**p I sometimes read on this Forum. rolleyes.gif

Edit: I gather you were not around in the 1970s then.

Come on I will be honest with you I expect my property will fall from £285k to £200k minimum at the worst scenario.
maxwell
Gold would have given a 400% return only 5 years ago, not that it isn't a bubble.
Charlie The Tramp
QUOTE (maxwell @ Feb 21 2008, 12:46 AM) *
Gold would have given a 400% return only 5 years ago, not that it isn't a bubble.


Is that inflation adjusted ? wink.gif
jez123
QUOTE (Charlie The Tramp @ Feb 21 2008, 12:32 AM) *
You are old enough to have been through these crashes and still you make a statement like that, the mind boggles.

Today to buy the land and build that house with just a 10% profit for the developer or builder the cost would be at least £175k.

Maybe owning Gold as we see in fictional films turn a man`s mind to insanity.

I really can`t believe the c**p I sometimes read on this Forum. rolleyes.gif

Edit: I gather you were not around in the 1970s then.

Come on I will be honest with you I expect my property will fall from £285k to £200k minimum at the worst scenario.


One word

Japan
Charlie The Tramp
QUOTE (jez123 @ Feb 21 2008, 12:49 AM) *
One word

Japan


Another word " B******s


South Lorne
QUOTE (cells @ Feb 20 2008, 10:00 PM) *
do your own. or critique others



1: There is no shortage of property.

2: Our current debt system is ebil , ebil bankers are printing money and laughing at us. Ebil ebil ebil.

3: CPI/RPI is fake.

4: this country is over populated.

5: if we make planning laws a bit less stringent quality will go down.

6: the green belt is important

7: global warming / peak oil is happening (so what, that’s not the question you should ask yourself. It is more like… what will it cost to tackle, who will pay for it, how will they pay for it. Is it worth the money? What’s the cheapest option? Is it really a good idea to leave this to government? If not them then who? Ect ect ect)

8: Black Mon/Tues/Wed/Thurs/Fri/Sat/Sun

9: there is nothing we can do

10: The government has no control



....there are two here which should not be included......CPI may not be fake but as a measurement of inflation for the man / woman in the street it's useless...to suggest the Government is in control is sheer delusion... dry.gif
jez123
QUOTE (Charlie The Tramp @ Feb 21 2008, 12:55 AM) *
Another word " B******s



maxwell
QUOTE (Charlie The Tramp @ Feb 21 2008, 12:48 AM) *
Is that inflation adjusted ? wink.gif


Crudely, and to help me make a point I added in alternate investment costs. 350% would be a minimum.

To stay on point for this thread, I am becoming more bullish. After starting to understand how the route of Holding company/Jersey(channel islands)/Charitable Trust/Bank is more like being an utter ******** and avoiding tax at the same time.

My view is make money while you can, look after yourself and family and who really cares about anyone else, they had their chance.

*looks up Tax laws on non-domicile charity workers investing in a resident Union based in the Channel Islands for EU grants on Carbon trading companies involved in localised government research who are owned wholy by Russian subsidiaries involved in "green trading" strategies in Cuba and the Isle of Man.
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