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House Price Crash

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  • OwlHoot
    replied
    I wonder if all this extra money injected into the economy as Covid relief won't lead to a bout of inflation within a year or two.

    The resulting rapid rise in interest rates after all this time, and tax rises, will work wonders for the UK housing market. Not.

    Leave a comment:


  • Hobosapien
    replied
    Originally posted by Fraidycat View Post
    "the government wont ever let house prices crash"
    They have no choice. Housing is the only hard asset left in the UK after selling off all the infrastructure to foreign owned private companies (no surprise many MPs are landlords who won't be turkeys voting for christmas), then employing the same to build any major new stuff like those nuclear reactors.

    As it is they don't need to crash the price they just crash the currency it's sold in by way of magic money tree 'printing'.

    Buy gold/bitcoin () and the price of houses falls over time whatever they do with sterling in its death throes on the way to digital sterling, to let them reset the world debt game in orchestration with the world banks seeing as all major economies are built on the same unsustainable national debt.

    House prices (along with all other asset classes) are a side effect of that endgame we have been in since 2008 publicly and way before then in reality.

    Leave a comment:


  • Fraidycat
    replied
    Originally posted by Andy2 View Post
    After 20 years of waiting for house price crash they have given up. it seems the website has been sold.
    There will be no house price crash now in UK forever
    housepricecrash

    I used to go on that site about 13 years ago.

    I used to tell them a story about one of my in laws who was on minimum wage got a 120K mortgage back in 2004, after prices had already doubled in greater London.

    When i asked my in law, if we was worried about a house price crash, he replied 'No the government will never let housing collapse again, so many people are now loaded up with debt, they wont let it ever happen again'.

    When i re told this story to that site, and also told them all to buy after the 2008 mini crash, they banned me.

    Now fast forward 13 years, nearly everyone on that site is saying the same thing: "the government wont ever let house prices crash"
    Last edited by Fraidycat; 19 December 2020, 04:01.

    Leave a comment:


  • Andy2
    started a topic House Price Crash

    House Price Crash

    After 20 years of waiting for house price crash they have given up. it seems the website has been sold.
    There will be no house price crash now in UK forever
    housepricecrash

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