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Actually pension plans are huge players in equities, so grandma might take offense at your attitude. As to the real estate markets, it's currently barely starting a downturn in just a few (previously overheated) markets. Most are at least holding steady if not continuing to appreciate.accelafine wrote: ↑Tue Apr 08, 2025 11:28 pm Why is it considered such a bad thing when the stock market goes down but not when house prices plummet? Many people have ended up with negative equity in their homes and mortgages they can't afford because of decreased house value and increased interest rates. Frankly I care more about them than I do about some arseholes playing the stock market.
Where's the nonsense? I'm just making an observation. Who gives a shit about the stockmarket?FlashDangerpants wrote: ↑Wed Apr 09, 2025 7:33 am When has there ever been "plummeting" house prices and increasing interest rates without there also being a brutal recession and plenty of people complaining about it?
This thread is predicated on nonsense.
What was it if not a recession that caused the house prices to go down? What made the interest rates go up if not inflation?accelafine wrote: ↑Wed Apr 09, 2025 7:43 amLots lof times, dear man.FlashDangerpants wrote: ↑Wed Apr 09, 2025 7:33 am When has there ever been "plummeting" house prices and increasing interest rates without there also being a brutal recession and plenty of people complaining about it?
This thread is predicated on nonsense.
Wrong on both counts. Not my point anyway.FlashDangerpants wrote: ↑Wed Apr 09, 2025 7:45 amWhat was it if not a recession that caused the house prices to go down? What made the interest rates go up if not inflation?accelafine wrote: ↑Wed Apr 09, 2025 7:43 amLots lof times, dear man.FlashDangerpants wrote: ↑Wed Apr 09, 2025 7:33 am When has there ever been "plummeting" house prices and increasing interest rates without there also being a brutal recession and plenty of people complaining about it?
This thread is predicated on nonsense.
Those were questions. If I can be "wrong" on both counts then you must know answers to them. So what made the house prices go down? What made the interest rates go up?accelafine wrote: ↑Wed Apr 09, 2025 7:52 amWrong on both counts. Not my point anyway.FlashDangerpants wrote: ↑Wed Apr 09, 2025 7:45 amWhat was it if not a recession that caused the house prices to go down? What made the interest rates go up if not inflation?
Can't be bothered with smart-arse know-it-alls. I'm sure you are an 'economic expert' along with being an expert on everything else. Work it out for yourself.FlashDangerpants wrote: ↑Wed Apr 09, 2025 8:04 amThose were questions. If I can be "wrong" on both counts then you must know answers to them. So what made the house prices go down? What made the interest rates go up?accelafine wrote: ↑Wed Apr 09, 2025 7:52 amWrong on both counts. Not my point anyway.FlashDangerpants wrote: ↑Wed Apr 09, 2025 7:45 am
What was it if not a recession that caused the house prices to go down? What made the interest rates go up if not inflation?
I obviously did work out for myself very easily, you were making stuff up and now you feel you've gone too far to back down. You are just like Immanuel Can in that predictable respect, completely incapable of walking back an error or admitting an overreach.accelafine wrote: ↑Wed Apr 09, 2025 8:07 amCan't be bothered with smart-arse know-it-alls. I'm sure you are an 'economic expert' along with being an expert on everything else. Work it out for yourself.FlashDangerpants wrote: ↑Wed Apr 09, 2025 8:04 amThose were questions. If I can be "wrong" on both counts then you must know answers to them. So what made the house prices go down? What made the interest rates go up?
You are ridiculous. Nothing to do with Trump or the US stockmarket. Stop making a fool of yourself. Why would I bother making it up? The stock market doesn't necessarily indicate the health of an economy, and nor do house prices. People often make that assumption. There's an old saying: what goes up must come downFlashDangerpants wrote: ↑Wed Apr 09, 2025 9:43 amI obviously did work out for myself very easily, you were making stuff up and now you feel you've gone too far to back down. You are just like Immanuel Can in that predictable respect, completely incapable of walking back an error or admitting an overreach.accelafine wrote: ↑Wed Apr 09, 2025 8:07 amCan't be bothered with smart-arse know-it-alls. I'm sure you are an 'economic expert' along with being an expert on everything else. Work it out for yourself.FlashDangerpants wrote: ↑Wed Apr 09, 2025 8:04 am
Those were questions. If I can be "wrong" on both counts then you must know answers to them. So what made the house prices go down? What made the interest rates go up?
It would have been so easy to just write "now you mention it, I suppose not" , but some people have such sin-of-pride that they never think of that option.
Anyway, the reason why the stock markets are collapsing today is that if Trump maintains his current destructive trade wars, companies will be forced to invest according to political demands instead of commercial ones, while trade flows will also be diverted by politics instead of business and so many people will lose their jobs at the same time prices are being forced ever upwards that a major global recession will erupt towards the latter part of 2025.
And that's the rosy picture, assuming nobody kicks off secondary escalating trade wars and completely breaks global trade. Also I am assuming that there will be no additional market collapses such as the already perilous Chinese property bubble, or the final collapse of the post-soviet Russian economy.
So yes, the stock market collapse today is your warning that the outlook is currently bleak for property prices and you may well end up in negative equity.
Stop grovelling to your idol. FDP is the one who first flung insults. Perhaps I don't think either of you are worth bothering with. FDB is blinded by his hatred for Trump. Everything that goes wrong in the world is apparently caused by TrumpFlannel Jesus wrote: ↑Wed Apr 09, 2025 9:58 am I don't think accelefine has quite figured out the process of talking about ideas. She perhaps hasn't realized that you can convince someone of something with reason and evidence. She, somewhere along the line, got the impression that when someone doesn't immediately agree with everything she says, just dismiss them with a barage of insults.
I think she accidentally found her way to the wrong forum, and she's been stuck here for some time.
So we're all agreed that it isn't true that "it considered such a bad thing when the stock market goes down but not when house prices plummet" are we?accelafine wrote: ↑Tue Apr 08, 2025 11:28 pm Why is it considered such a bad thing when the stock market goes down but not when house prices plummet?
She's only here for the fighting. She has a compulsive need for it.Flannel Jesus wrote: ↑Wed Apr 09, 2025 9:58 am I don't think accelefine has quite figured out the process of talking about ideas. She perhaps hasn't realized that you can convince someone of something with reason and evidence. She, somewhere along the line, got the impression that when someone doesn't immediately agree with everything she says, just dismiss them with a barage of insults.
I think she accidentally found her way to the wrong forum, and she's been stuck here for some time.