Reply to: Based on my extensive knowledge of the housing market ...

[sasguru]

You are so full of sh1t I could fertilise a field with you

Dream on, poor boy.

[Hart-floot]

Your reasons were and are wrong. Interest rates are a tiny factor in the equation, even with the latest rate rise. The real reason is something far more dangerous and fundamental. But I can't tell you as I aim to make some money from it first

Anything to do with the impending credit crunch? I guess somebody has to make some dosh out of the US sub-prime (and UK???!?) fiasco! Hopefully nobody i bank with is going to be left with the sh1t

[English History X]

Which bit are you blaming the government on? Not interest rates I presume.

Yes I am. If they didn't create the environment then the silly interest rate policy would not have been needed. They created a housing shortage by various policies and non-policies and then punish those willing to take a risk.

[max]

Unnecessary torture for the brave first time buyers, they have little equity to fall back on. Their day to day quality of life and their minimal investment gone in one. How cruel are this government.

Which bit are you blaming the government on? Not interest rates I presume.

[English History X]

Unnecessary torture for the brave first time buyers, they have little equity to fall back on. Their day to day quality of life and their minimal investment gone in one. How cruel are this government.

[Bagpuss]

Your reasons were and are wrong. Interest rates are a tiny factor in the equation, even with the latest rate rise. The real reason is something far more dangerous and fundamental. But I can't tell you as I aim to make some money from it first

You are so full of sh1t I could fertilise a field with you

[King Cnvt]

Your reasons were and are wrong. Interest rates are a tiny factor in the equation, even with the latest rate rise. The real reason is something far more dangerous and fundamental. But I can't tell you as I aim to make some money from it first

Rising interest rates will push prices up even further as people desparately clamour to "get a foot on the housing ladder".

Housing rocket more like.

[Xenophon]

The real reason is something far more dangerous and fundamental. But I can't tell you as I aim to make some money from it first

sas, please me you are not going to invest in AtW's search engine thingy?!?

[kramer]

Your reasons were and are wrong. Interest rates are a tiny factor in the equation, even with the latest rate rise. The real reason is something far more dangerous and fundamental. But I can't tell you as I aim to make some money from it first

[sasguru]

SASguru changes his tune as soon as it's obvious. I told him weeks ago it was going tits up, did he believe me?

Your reasons were and are wrong. Interest rates are a tiny factor in the equation, even with the latest rate rise. The real reason is something far more dangerous and fundamental. But I can't tell you as I aim to make some money from it first

[Old Greg]

...I predict the long predicted and awaited correction of the current bubble market will happen by the end of the year/beginning of 2008.

Don't say I didn't warn you.

Even a stopped clock tells the right time twice a day.

[King Cnvt]

you are dim prawn and i want a fiver. Now!

[n5gooner]

It will be interesting to see what the extent of 'correction' turns out to be. Are we set for a bang or merely a pop?

mmmm I for one would also be very intrested to see what happens.

[wendigo100]

It will be interesting to see what the extent of 'correction' turns out to be. Are we set for a bang or merely a pop?

If it happened today, a bang. The longer it gets put off, the bigger the bang. But it will happen without a doubt.

Most people don't realise how shaky the economy really is. At the very least all that debt should be ringing alarm bells.

[NoddY]

you are dim prawn and i want a fiver. Now!

It's my fiver

http://forums.contractoruk.com/threa...tml#post256411