 Pogue - re house builders, from SP…
I agree with Dominic, as invariably I do. All the dominoes are lined up for a real correction this year. Anyone buying housebuilding shares needs their head examined. The great Frisby opines:
“Record Boxing Day bounce,” says Rightmove (RMV). Read beyond the headline and you get: “Our data shows a 26% increase in the number of new properties listed for sale compared to Boxing Day 2023, which previously held the record.” They’re trying to spin more sellers.
More sellers means more supply.
Meanwhile… a weak economy is not booming, so people have less money. Labour’s higher taxes also mean people have less money. Higher mortgage rates mean there is less money to borrow, and, thus, less newly created money to come into the market and prop up prices.
The rich are not coming to Britain - they are leaving, if they haven’t already left - meaning less money,
So we have more supply of houses, but less money to buy them with.
Meanwhile, stamp duty is a massive deterrent. Never mind people choosing not to move because of it, anyone buying a second or third home: who is going to pay 5% stamp duty for a second or third home? Not many people, I wouldn’t have thought.
More supply, less money, fewer buyers.
Then there is the general perception of the economy. People are not feeling rich, nor are they bullish about the UK economy, meaning fewer people will take the plunge.
What about investment from overseas?
See my earlier comment about stamp duty. The cost of buying drives away investment, particularly when it's dead money like tax for which you get no return. Plus the UK is not currently well perceived abroad, particularly in the States.
Then Labour is going to loosen planning laws and build a whole load more houses - well, they say they are - meaning even more supply.
As if that wasn’t enough, 2026 is the year the 18-year-cycle in property turns down.
And then there is this looming crisis in the debt markets, and potentially sterling itself.
If houses don’t turn down this year, I’ll declare this market permanently immune. |
£55,, nice one ssb,,, with you all the way, now that I'm invested :-) :-)
fingers crossed :-)
GLA LTH's
Cheers
Wan :-) |
Brickyards are still full to overflowing with bricks & manufacturers still having shutdowns ... was at one last week and they had 20m bricks sat there. |
Yes I watched the auction and frankly it just looked silly. Lots of jockeying for position with multiple positions from presumably the same parties. Seems like a waste of effort for the sums involved. |
A strange UT below bid at AAZ today. Expect price to open at 107.5 monday though. |
A sector I have been thinking about is housebuilders. Is this the bottom? Government talking about reinflating the property market and share prices for the builders near lows. TW PSN. Anyone feeling the same? |
yes, just saw that too :-) |
Delayed trade: 1m sold at BIRD yesterday.
Guess we’ll have to wait til Monday to see if they offloaded more today
ssb’s channel will have to wait |
The pump and dumpers are out in force at the moment. Which is odd as some decent companies are doing very well, so there's no need to play Russian roulette with judge fudge and the scumbag five |
There’s more than a whiff of dot.con about these AI punts, it’s going to end in tears for a fair few. |
The Rooster is having problems with the farmers dog again !!
I say boy, I say boy" I will say it again !! I say boy !!
A bird in hand is worth 10 in the field !!
😂 SSB !! I will let you play the game boys 😉. |
IQAI - that is what i'm counting on. He surely knows he could send it in this market with the right RNS wording. TBF to Freddy/ydderf he did rename the Company to IQAI about what 5 years back so he can't be accused of being a jonny-come lately to this recent fad
Bumpa33 - 17 Jan 2025 - 12:30:39 - 72664 of 72712 Wanobi & AAZ - AAZ
Lots of moon shoots recently, as you say mainly around AI.
IQAI - anyone who knows the main man there knows this is carp and he'll milk it. |
“Top of the channel” apparently
Not sure it can be top of anything at 5p |
Well, he’s obliged on the BIRD thread
:D
Bound to climb Monday therefore?
;) |
Thought Birds USP was a SSB whoosh, darn I must’ve got that wrong, |
another week slides by,,, many thanx to all for your continued support of this thread,, as always tis much appreciated :-) :-)
wishing all a great weekend :-) :-)
Cheers
Wan :-) |
the s/w using AI shown on DD last night took long videos and edited them in seconds into much shorter clips highlighting the key points of the long version,,, I think... |
Anglo AI, BTC, Gold, Copper, Silver, common cold/cancer cure & kitchen sink Mining :-) LOL :-) |
Or they're using AI to mine |
Anglo AI Mining, coming soon. |
:-) LOL :-) |
I’m waiting for AAZ to say they’re mining gold, copper and AI |
not as far fetched as KODAK and cv19 cure!!!
clutching at straws here LOL LOL LOL :-) :-) |
Register for streaming realtime charts, analysis tools, and prices.
Hot Features
Premium
