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House prices explained in simple terms

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    #11
    Originally posted by Bagpuss
    One sentence to explain all markets

    Fear and greed

    oh and herd mentality
    That appears to summarise AtW's point. Is he correct then?

    Comment

      #12
      Originally posted by sasguru
      Oh goody, let's abolish them and let a central body decide prices.
      No wait, didn't someone try that already?
      Who said to do that?

      I'm just making an observation

      The house price bubble has alot of similarity to the tech stock bubble. Did the massive gains in that result from 'value' or was it greed and hert mentality pushing up the stocks? When they fell it was fear and herd mentality.
      The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.

      But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”

      Comment

        #13
        Originally posted by Bagpuss
        Who said to do that?

        I'm just making an observation

        The house price bubble has alot of similarity to the tech stock bubble. Did the massive gains in that result from 'value' or was it greed and hert mentality pushing up the stocks? When they fell it was fear and herd mentality.
        Ah the human condition, eh?
        Hard Brexit now!
        #prayfornodeal

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