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drbubb

UK Property - The former HPC addicts' thread

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Interesting.

I'd like to know what's started this bizarre behaviour on the part of HPC.

The most annoying thing is you're not given any information about being banned. You just try to log in and you find out then. No email explaining. Nothing.

The bannings on HPC started when Fuba (Fubar? Fubra?) took over in 2006 ish. It’s nothing new.

 

In the old days GHPC (now Credit Crunch) and HPC were friendly towards each other. Then there was a massive banning session where anyone mentioning GHPC got booted, and then anyone who posted on GHPC got booted too.

 

I am banned from HPC and my sock puppet is banned too.

 

I know why my sock puppet is banned. I’ve no idea why I am banned.

 

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…Pretty sure either A&K or myself would have got ourselves banned if we had some of the PM discussions we've had on the open forum.

 

That we kept it out of sight is the forums loss not ours.

...

Don’t you have your own forum and the encrypted forum on CC?

 

You didn’t have to keep it private you could have used one of the 2 options above.

 

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... Pretty sure either A&K or myself would have got ourselves banned if we had some of the PM discussions we've had on the open forum. ...

I had to suspend AAK for a day today for being a potty mouth again. If there was a lot of potty mouthing, then yes, I guess there would have been suspensions.

 

The problem usually is higher levels of impoliteness directed at people.

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Don’t you have your own forum and the encrypted forum on CC?

 

You didn’t have to keep it private you could have used one of the 2 options above.

eBrowser is a bit broken atm, Fixing it up is on my todo list (gonna re-release is as eLocProxy so people don't have to use lobo browser). Along with a fair few other things.

But yeah, thats the reason for it.

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WASTED GENES

======

 

Reading this thread on HPC, my conclusion was:

 

WHAT A BUNCH of greedy little sh/ts are the Echo boomers (as represented on HPC) !

 

1/

I loved this comment:

So, baby boomers have had everything for a generation, sold the national silverware, ******ed up pretty much everything and now they want a loan? Mum, Dad, go and tidy your room!

 

2/

These old gits should be put away out of the bloody road. Leeches, the lot of them. Too many Ford Escorts and nice holidays that they couldn't afford has brought them to this, as most are just plain poor, but thought they could live like 007.

 

Sad delusion has run riot over the past 60 years. All over now though.

 

/see: http://www.housepricecrash.co.uk/forum/ind...howtopic=149653

== ==

 

By contrast with this reaction...

When I was 20-25 years old, my father lost his business, and I used to send my parents money every month.

I was pleased to have the chance to pay-back a small part of the money they spent in raising me over 20 years.

== ==

 

I tried to post on the new thread:

 

This thread makes depressing reading !

 

The present generation seems far worse than the boomers, if this thread is any indication.

 

Is there no desire here, to GIVE BACK to your parents a small part of the generosity they showed in raising you?

 

Do you think that any of these parents would even get back 10% of what they spent on raising their children?

And what's wrong with feeling a sense of obligation to those that raised you?

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"For the sacrifices of a parent, a child owes no debt"

Quotation of someone far wiser than I.

"Honor be to the child that returns (some of) the favors of childhood."

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"For the sacrifices of a parent, a child owes no debt"

 

Quotation of someone far wiser than I.

This saying seems odd.

 

Is it because there are different kinds of debt. Even though there might not be in a strict sense "financial debt" owed to parents, surely we are "indebted" in a moral sense.

 

A generation which reduced it all to finance, would probably also be a generation which wouldn't bother to reproduce after some "cost/ benefit" analysis. Maybe this is the fatal demographic flaw of developed economies, where the economic/ rational mode of life overshadows a more natural/ instinctive one.

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Do you mind if I ask if you guys have children?

I have parents, and feel an obligation towards them

 

And also a strong willingness to help my siblings, if they are in need.

My partner feels the same way towards her family, which is one reason we get along.

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Do you mind if I ask if you guys have children?

No children. Yet to meet my..... "fate". When I consider finance, looking out for parents/ siblings/ family plays a big part of it, which I guess is the motivation of most.

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Please don't take this the wrong way, but that's what I thought.

 

The little menaces really change the way you think about things.

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Please don't take this the wrong way, but that's what I thought.

The little menaces really change the way you think about things.

Sure.

But my comment is more about the relationship of children to parents, not parents to children.

I do have parents, and so I feel well-qualified to comment on that.

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Sure.

But my comment is more about the relationship of children to parents, not parents to children.

I do have parents, and so I feel well-qualified to comment on that.

Yes, but that’s sort of my point.

 

I felt some obligation towards my parents (after I grew up that is), but when your own child arrives, you start to think differently.

 

It's all about the new generation, not the old. It was their job to bring you up, and now it's your turn to bring up your children.

 

Of course you still want to see you parents Ok, but heh, it's not your first responsibility. Your first responsibility is to your children, as it should be. After all, you brought them into this world.

 

Besides, I would hate to rely on my children when I'm older (and I know my father feels the same).

 

It could be that, unlike China or other countries, due to the welfare system here in UK, no pensioner is going hungry or cold* so the responsibility is somewhat lightened?

 

*(Except in very rare extreme cases)

 

 

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Yes, but that’s sort of my point.

I felt some obligation towards my parents (after I grew up that is), but when your own child arrives, you start to think differently.

It's all about the new generation, not the old. It was their job to bring you up, and now it's your turn to bring up your children.

I suppose it would be hard to be a good parent w/o that attitude.

But it does not mean that today's young have no moral obligation towards their parents.

Certainly, Chinese culture recognises a clear obligation, and that makes for closer family ties,

and less reliance on the state

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I suppose it would be hard to be a good parent w/o that attitude.

But it does not mean that today's young have no moral obligation towards their parents.

Certainly, Chinese culture recognises a clear obligation, and that makes for closer family ties,

and less reliance on the state

 

I agree, but not all cultures look at it that way. I remember watching an old film about eskimos.

 

When the grandmother became so old that her teeth could no longer chew the animal skins (to soften leather?) and she was of no more use to the family, she was left out in the snow.

 

She just sat there, with full acceptance and no complaints, until the cold took her.

 

Very efficient ;)

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Bumping this, to move it to the GPC section

 

Some interesting history here

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CRASH CRUISE SPEED - A concept introduced by yours truly to suggest how a crash would really look

 

Here's how it subsequently happened after the 2006-US and 2007-UK peaks:

 

"Crash Cruise speed" in the UK ................................... : "Crash Cruise speed" in the US .............

CrashUK.jpgCrashUS.jpg

UK prices are -20.5% from peak (Nationwide) ............ : US prices are -28.0% (Case-Schiller) /Feb.2009

Pds.147,746 / Pds.186,044 = -20.5% in 17 mos........ : $150.66 / $206.52 = -28.0% in 30 mos.

 

Many of those who bought during the "Winner's Curse period" (the last two years or so leading into the peak) are now into negative equity. Defaults are rising, and bank balance sheets are being undermined.

 

Despite the efforts of the HPC mods to stamp out all forms of subtle thought,

The Concept is still alive and well on HPC, and has resurfaced this month:

 

(1)

ElPapasito

Posted 21 July 2011 - 01:37 PM

 

In response to: SarahBell's :

Reckon they're going to let it all fall down within 6 months tops.

(Let = ok so they won't have a choice)

So will house prices fall siginicantly by then or will it be like driving off the edge of a cliff rather than down a steep hill?

UNQUOTE

 

Like last time, house price crash cruise speed of 1.5% down per month and after 10 months - BOOM - banks meltdown triggered

 

/see: http://www.housepricecrash.co.uk/forum/index.php?showtopic=166896

 

(2)

Si1

Posted 06 July 2011 - 07:32 AM

 

crudely citing myself and inferring others' statements from 2009 and 2010, we said crash cruise speed could be as low as 1.5% per year nominal if it took until 2020, or as high as 5.5% if it took to c. 2015, this is my minimum estimate and Extradry Martini's maximum

 

and we are on roughly 3% p.a. crash cruise speed as at 2011, right now, our estimates were pretty good heh so far!

 

/see: http://www.housepricecrash.co.uk/forum/index.php?showtopic=166211

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JUST ONE YEAR AGO, I was banned on HPC.

Since then...

 

COMPARISON == : ( HPC ) / ( GEI )

Alexa Traffic Rank : 21,725 : 296,911

Traffic Rank in GB : ==753 : =30,077

Sites Linking In .. : ==318 : === 53

 

HPC has 138 Reviews (ave. 3.5 stars) : http://www.alexa.com/siteinfo/housepricecrash.co.uk#

COMPARISON == : ( HPC ) / ( GEI )

Alexa Traffic Rank : 27,303 : 186,889

Traffic Rank in GB : ==909 : = 9,150

Sites Linking In .. : ==456 : === 83

 

HPC has 138 Reviews (ave. 3.5 stars)

GEI has 003 Reviews (ave. 5.0 stars)

 

GEI is gaining on HPC, if only slowly, as HPC fades a bit

 

THANKS FOR THE POSTS, everyone !

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Hey, HPC Lurkers:

 

Why not join GEI ? :

 

Registering to become a New Member on GEI

New Members procedure -

========================================

Follow this link, to register:

 

http://www.greenener...ection=register

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Old Quote:

 

DrBubb, on May 24 2009, 03:11 AM, said:

 

I reckon that prices will fall from 35-50% from their Dead Cat Bounce high in the next few weeks,

to the Low in 2012-13.

== UNQUOTE ===

/see: http://www.housepric...ic=115350&st=30

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Old Quote: from End May 2009

 

"I reckon that prices will fall from 35-50% from their Dead Cat Bounce high in the next few weeks,

to the Low in 2012-13."

== UNQUOTE ===

/see: http://www.housepric...ic=115350&st=30

 

How accurate? What happened from June 2009 ?

 

Answers :

========

 

+ Hali-Wide had two major peaks : £192,490 (Aug. 2007), and then fell by 20.3% into a into Mar.2009 Low (£153,477). The second peak was £169,287 (Apr. 2010), and it has since fallen by just 4.3% into its recent low of £161,986 (Oct. 2012.) That is 15.8% below the cycle peak back in Aug. 2007. Further falls still look possible into 2013 and beyond.

 

+ The two peaks for the Rest of The UK were: £183,496 (Aug. 2007), and £160,582 (May 2010). The first low of £145,334 (Feb. 2009), was 20.8% below the 2007 Cycle peak. And the most recent low of £147,163 (Nov. 2012), was 19.8% below the Cycle peak of 2007. A fresh lower low looks very possible this winter and beyond.

 

+ Greater London prices, per Rightmove, are a very different story indeed. The Nov. 2012 price was £483,709, 17.2% above the Nov. 2007 peak of £412,731. From that first peak, prices fell just 8.1% to £379,162, over 9 months, before beginning their long 4 year plus climb to last month's peak.

 

+ Relative prices have reached unprecedented levels. Greater London is now 298% of HaliWide prices and 329% of Rest-of-UK prices. The Nov. 2007 multiples were 218% and 231% respectively. Ask yourself, why have London prices reached these insane multiples. and what can you do to take advantage of the yawning gap?

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