What month will the property crash be obvious in?

[roneik]

Not doom but a question, and I would like to hear some opinions

I reckon by july

I can't believe this bullshit is still going lol

Greater london December minus 5.7%
East Anglia minus December 5.7%
South east December 4.1%
South West December minus 2.8%
West midlands December minus 4.2%
The only area in December to see arise was parts of Wales 0.2% 2 tenths one percentage point
Mitcham Srrey saw drops of nearly 10% on properties 500k 57k drop for December

The above does not include most of the areas dropping in November by a tad less
The 2 months combined saw London lose best part of 10% value
This does not include the 2 months prior to nov that saw drops

All this information is freely available on the internet

I have a relative that years ago I used to bits of carpentry for , he bought umpteen properties, so I know a bit about cycles and boom to bust. My knowledge of property spans 5 decades
At no point have I stated that property will come to a halt
It will crash and if you people don't know what happens in a property crash you are soon to find out
The florist talks nonsense and is full of nothing

Eltonjohnsflorist It's a sign of ignorance and low IQ when you have to resort to insults.

Sorry, have only just managed to stop laughing at you knowing a but about boom and bust from
Knowing someone who bought loads of properties. You are pure gold!

What's the source of your figures?

Elton I would save your breath, just laugh it off, man is an idiot and an arrogant one at that. After all if he is so clever at "predicting" the property market over 5 decades he should be a millionaire !

Silly comment , I said that I have five decades of property knowledge
I gave all the sources for the data in the earlier post

"The Internet" is not a source. A link would help

roneik is just bitter because he jumped 8 years too soon - he sold up in SE in 2007 and moved to lincolnshire -- which means he has never been a "SEER" ...he has no form on getting it right.

Since then he has watched his lincolnshire property plummet and then stagnate whilst the one he sold in the SE has soared......so he timed his departure v v v badly and has 8 years of festering bitterness to spray about with those on MN as the gap between what assets he could have had and what he is left with continues to widen....

And he is shit scared that when the next crash comes - lincs will be hit hard again - so likely going from stagnant to plummet and in SE will probably like always have a soft landing.

He repeatedly refuses to answer this Qs:
How much did that poor decision making cost you?
How much have you haemorrhaged ?
How many more hundreds of thousands is your SE house worth now than when you downsized in 2007?
How much less is your lincs home worth that you paid for it in 2007?

Ouuuch...too scared to look? shall we do the sums for you?

He also promised on thread yesterday - that he was off in a huff and would be back in July to gloat -- sadly he hasnt kept to his word!!

Go look for it then, It's called googling

No the shock figure for December brought me back. As said I will take great pleasure in posting all crash updates

Now move along nothing here to see

I've googled. None of those figures are returned. Assume you made them up

I did touch a nerve when I mentioned only an idiot would become an estate agent in these times didn't I. and grin some more

So it's over. Thanks for telling us. Bye.

Of course Ron made the figures up. Load of old tosh.

roneik I have someone in my household who has a degree in economics and has studied the housing market for decades (not just 5), it is his profession and a also something is he interested in and he in no way professes to be an "expert", so not quite sure why you think 5 decades makes to you expert.

Now if you could just move along please as you have promised in previous posts !

No it's that you don't know how to use the search engine. You have to type relevant something for it to search . You will find out , Have you thought about it ? Well thats a start if the answer was yes. I could and will give some little clues but not yet,BECAUSE YOU ARE THE SMART ONE

fIRST CLUE TRENDS[GRIN]

HOWTO Well they cant be up to much then can they. It was the so called economist experts that fucked up the economy

Where were they in 2006?
Experts my arse

Not one predicted the crash
Over on HPC dozens did and gave good reasoning too
including me on another site

How to wear heels don't forget, he did same carpentry for a guy who owned loads of properties. Therein the expertise lies

Theres even an idiot proof graph if you have managed to find the trend clue. With pretty little stick on % tags with the regions for the numpties

Have you managed to find google , I can help with that too if necessary.

If you have given up already how on earth will you cope. I suggest keep smelling the bunch of daffs
You cannot accept the real situation

How long would it take you to post a link? Less time than to type your inane ramblings I suspect

What is the actual point of this thread? I am baffled.

Where were you in 2007 -- getting it wrong

Here you go…..8 long years of pain for Roneik following his bad decision to bail out after a wrong prediction of the property market in 2007.

Watching the house you bought in Lincs plummeted in value since 2007…but phew for you – just recently scratched back to what you paid.
“in 2014, sold prices in Lincolnshire were 5% up on the previous year and similar to 2007 when the average house price was £152,392” www.rightmove.co.uk/house-prices-in-Lincolnshire.html

Then random London suburb “During the last year, sold prices in Walthamstow were 22% up on the previous year and 48% up on 2007 when the average house price was £232,009”. www.rightmove.co.uk/house-prices/Walthamstow.html

So if you had stayed put in SE you would be better off by £120K – whoops – could have bought 2 houses in Lincs!

Not only that - but with your looming crash predication – your Lincs home will be in negative equity by the end of this week….whilst your old SE home has plenty of elasticity to weather any storm -- …ooouch – no wonder you are bitter.
You got it badly wrong in 2007…..