Not

Just out of curiosity, on your first response to rob you said "we've already had the crash". In your second post, when rob called out that you were moving the goal posts, you back-pedaled and said "I did underestimate the lengths to which the government would go to underpin."

So, did you know better but were just plain lying in the first post to cover up your naive prediction, or were you being honest but just totally clueless?

I'm a stickler for accuracy.

Choose carefully.




(I think you'd be better off the admit you are clueless but since I've yet to come across one of your posts without lies and deception, my money is on lying)

So you lied then?

I didn't and have no need to lie. Outside of cutting and pasting and your tired vaudeville routine you struggle with basic understanding of language and so not only do you not understand others you tie yourself in knots most of the time. You're an angry man. I can think of two likely causes which would be repressed homosexuality or impotence. Of course they could be linked.

I know you get yours for free down at the drop in centre so you wouldn't know but a loaf of bread doesn't usually cost £3 Melly.

Yes but your question springs from a damaged mind which failed to understand the point. Constantly repeating the question merely reinforces this fact.

You can measure them against a variety of things and get a far more accurate assessment of where house prices and the wider economy truly stand. Do you really think people felt rich during Weimer even if they had a house but were holding paper? Let me ask you another question which will further illustrate my point. Feel free to put your trainers on and limber up ready to run:

If there has been a deliberate ploy of devaluing the currency and gold/silver and those various other currencies, including the dollar, I mentioned have risen in value against that currency would you say that when measured against gold et al there has been a house price crash since the financial crisis or do you still rigidly stick to this line that the only valid measure of what a house is worth has to be against that devalued currency?

You see I have a mental picture of you sat in your shiit and piss stained trousers, emaciated, malnourished and gravely ill but surrounded by millions of devalued pounds shouting out to anyone who will listen that you are a millionaire.

You are that man. You know Mr Flip Flop. The one who constantly tells us what peril we are in and yet for the sake of scoring non existent cheap points which nobody will read you want to rely on what you profess is a discredited currency.

Now go back and read my posts again. Carefully.

So looking back, was Shelts/Chisel right after all? Did he not predict low interest rates for 5 years, house prices to stay stable, Mortgage rates to come down? Savings rates to fall.. Government to "throw the kitchen sink " at the problem.

Boom gonna continue now the oaps dont need to waste their money on an annuity.

more and more young couples are now being strangled by debt . A sad state of affairs ,  cant even afford to go for a drink and have to work every weekend as well as overtime in the week just to make ends meet .

Youd be better of in jail imo .

Yep and getting lower. Especially as rents and mortgages to take up most of spending power.

Yep Shelts, chizel woz right. I don;t understand how. the same problem never went away and now we are going to have another house price boom on top of  the the ever growing debt underlying it it all!!!!!!!! MADNESS

I mus be fick I do not get it. Oi fort you need ups and downs booms and busts etc for the money makers to work their psychedelic magicians mathematical tricks. I stand back in amazement.

Like it or not, we're a low wage economy now.

How on earth did that happen?

1) international competition sending decent paid non-leadership/creative jobs to places where people work harder/are better educated/are paid less.
2) and to where companies pay less tax/rent and have to put up with less onerous regulation.
3) technology replacing many decently paid jobs and creating new roles not defended by pre-existing protectionist movements.
4) immigration.
5) government subsidising jobs through tax credits, etc.

Chisels knew 

quit when your ahead...sell and buy in spain...thank me in ten years time