The Housing Market Is Hanging On By A Thread Signals High End Real Estate

NVP

Legendary member
36,733 1,871
Ok Mr Property guru, let me ask you this: Imagine you find a nice detached 4 bedroom house in a nice area and you decide to make an offer. Before you do, you find out from a reliable source that the greenbelt across the road has just been rezoned residential and planning has been approved for 2000 new ‘affordable’ houses. Would you still go ahead with your purchase?
whats your point ? .........don't buy it ?.......or buy it at a reflective price of future market value

either way if you don't buy it someone will........its the uk and we have a deficit of housing

N
 

Atilla

Legendary member
19,031 2,677
whats your point ? .........don't buy it ?.......or buy it at a reflective price of future market value

either way if you don't buy it someone will........its the uk and we have a deficit of housing

N
Talking eFeX maybe who knows???

I think he means buy the Gopher instead of the Guppy.

Personally, I favour the Cable over the Loonie :cheesy:
 

ffsear

Senior member
2,041 390
Basically, "no comment" right? :LOL:

WTF is your definition of "Affordable"...4 bed detached? FFS!

Recent headlines:




The numbskulls demand "more affordable housing" as long as it is built somewhere else! :LOL:

The "prop-uh-ee is a piece of piѕѕ" numbskulls better think twice about buying too, better to lose your pennies trading forex :LOL:

Sorry, but you're not making any sense at all. Perhaps this is some sort of personal gripe you have against the system? Your "journal" certainly comes across that your rather angry about something .... http://www.trade2win.com/boards/trading-journals/93396-es-trading-8.html

Either way, have a nice weekend!
 
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new_trader

Legendary member
6,222 1,270
whats your point ? .........don't buy it ?.......or buy it at a reflective price of future market value

either way if you don't buy it someone will........its the uk and we have a deficit of housing

N
More supply and demand is simples, right? Tell me Mr Property tycoon, how The U.K can increase the supply of ‘affordable’ housing without affecting the price of existing prop-uh-ees. How can anyone without inside information know how many new ‘affordable’ houses will be built in the next 15 years.

Tell me Mr “it’s all about interest rates” blah whether the US Federal reserve will raise rates at the next meeting...did you predict they wouldn’t raise rates yet after convincing everyone (except me) they would raise rates 4 times this year and haven’t raised them once. Do you think the average person even knows who Janet Yellen or Mark Carney is?
 

new_trader

Legendary member
6,222 1,270
Sorry, but you're not making any sense at all. Perhaps this is some sort of personal gripe you have against the system? Your "journal" certainly comes across that your rather angry about something .... http://www.trade2win.com/boards/trading-journals/93396-es-trading-8.html

Either way, have a nice weekend!
WTF do retards try to bring irrelevant stuff into THIS thread about housing? Is this another diversion tactic? I could bring in your utterly embarrassing effort about paying back double what is borrowed couldn't I...to prove that you are a bit of an imbecile. Remember that one?
 

new_trader

Legendary member
6,222 1,270
WTF do retards try to bring irrelevant stuff into THIS thread about housing? Is this another diversion tactic? I could bring in your utterly embarrassing effort about paying back double what is borrowed couldn't I...to prove that you are a bit of an imbecile. Remember that one?
Here is the link to the retarded episode.

http://www.trade2win.com/boards/trading-journals/215054-took-out-loan-transition-full-time-trading-24-years-old-12.html#post2737176


Now, let's move on...:rolleyes:
 

ffsear

Senior member
2,041 390
WTF do retards try to bring irrelevant stuff into THIS thread about housing? Is this another diversion tactic? I could bring in your utterly embarrassing effort about paying back double what is borrowed couldn't I...to prove that you are a bit of an imbecile. Remember that one?
Speaking of which, heres a post you deleated earlier on this thread.... ( i guess you forgot that a copy gets e-mailed to the user when you quote them)

Dear ffsear,



new_trader has quoted you!
---End Quote---

This really misses the point completely as well. It is not a case of demand and supply of property! It is a case of demand and supply of *credit*. A house price crash helps the prudent, however the only reason we need a crash is because house prices have been artificially propped up by ultra low interest rates and low lending standards. Hasn't anyone learned anything over the last 10-15 years? The U.K doesn't need more property it needs higher interest rates and tighter lending standards...10% deposit and max 2.5 times salary mortgages will make housing affordable again.:sleep:

-----------


:LOL::LOL::LOL: - at least i admit my errors rather then hide/talk around them!




Do what you want, a while ago I came to the conclusion that there is no point wasting your time arguing with strangers on the internet.

You've turned a discussion about the housing market into .... well..... I still have no idea what your on about to be honest.

Keep calling people "retards" if it makes you happy though,

Either way, i bid you farewell :p
 
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Atilla

Legendary member
19,031 2,677
WTF do retards try to bring irrelevant stuff into THIS thread about housing? Is this another diversion tactic? I could bring in your utterly embarrassing effort about paying back double what is borrowed couldn't I...to prove that you are a bit of an imbecile. Remember that one?

From your posts I gather you still have a big gripe about not understanding how fiat currency works and still trying to gain your masters.

You do realise that most people have been making good money out of property and shares in the market place, whilst you shout about the bubble and how inflated things are???

You will be right one day and we await with abated breath. That was not easy to rattle off :cheesy:



I can see your pov too, as the other side of the coin to insufficient supply or excces demand is to curtail demand for housing by raising cost of ownership. Problem with raising interest rates however, is then only cash rich bodies can buy them skewing the market between haves and have nots.


Why would you want to raise interest rates though which work for the banks and savers as opposed to rising house prices and simply building more houses, which has a wealth effect and benefits real people?
 

NVP

Legendary member
36,733 1,871
More supply and demand is simples, right? Tell me Mr Property tycoon, how The U.K can increase the supply of ‘affordable’ housing without affecting the price of existing prop-uh-ees. How can anyone without inside information know how many new ‘affordable’ houses will be built in the next 15 years.

Tell me Mr “it’s all about interest rates” blah whether the US Federal reserve will raise rates at the next meeting...did you predict they wouldn’t raise rates yet after convincing everyone (except me) they would raise rates 4 times this year and haven’t raised them once. Do you think the average person even knows who Janet Yellen or Mark Carney is?
I didn't say I can foretell the future my friend ......I merely stated the key drivers that influence the market you are defining.....and they still stand

and I did not day anything about how the uk can increase the supply of new housing without influencing current property prices .....again that's the dynamics of supply and demand ...and market segmentation ....

the average individual doesn't need to know who mark carney is ........they just have to know what rate/terms they can get for a mortgage and if they can pass the criteria for the amount of money they need....a couple of clicks on a website .....yes ? .....fairly simple in this day and age to do .....yep ?

and I am not a property tycoon ........where did that come from ? ;)

N
 
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NVP

Legendary member
36,733 1,871
New trader ....I must confess we probably havnt talked before...... although I see nearly 6,000 posts at T2win

whats your market ?........just interested

N
 

new_trader

Legendary member
6,222 1,270
New trader ....I must confess we probably havnt talked before...... although I see nearly 6,000 posts at T2win

whats your market ?........just interested

N
In keeping within the theme of this thread: I've invested in property at various times over the last 25 or so years. I bought my first property when I was barely 20 and I've owned property in 3 different countries. Apart from my house, I don't invest directly in property anymore, I do it via financial instruments.
 

NVP

Legendary member
36,733 1,871
In keeping within the theme of this thread: I've invested in property at various times over the last 25 or so years. I bought my first property when I was barely 20 and I've owned property in 3 different countries. Apart from my house, I don't invest directly in property anymore, I do it via financial instruments.
that's interesting ...........don't touch them myself .......notoriously illiquid .....like recently when a few funds stopped paying out .......

N
 

forker

Senior member
2,688 500
I have bought and sold property many times over the years. I don't know where you get your 'facts' from.
What facts are you talking about and what does you buying property over the years have anything to do with a future property market crash? From reading all your replies to other members, you certainly have a bubble sitting between the left and right shoulder.
 

new_trader

Legendary member
6,222 1,270
What facts are you talking about and what does you buying property over the years have anything to do with a future property market crash?
You wrote: "I have seen dozens of these over the years and none of them have ever come to light."

Really, none, ever? My experience tells me that you and others in this thread haven't got the foggiest idea of what you are talking about.
 

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