Current holding up +10% with more to come as we approach next set of results. |
I see Point 72 are running to the exit from the 16th January. I told you trolls their margin was too tight.
Not correct yet again am I.
Where's mug-punter DvD, lol, just lol! |
Why so pessimistic? Thought you said 180 before Bugs? What changed ? |
Looking good for 1.50-1.60 in next few months IMEO |
From memory think I said the dead cat target is 123p ish |
Kreaps, after selling your shares the other day for a 3p profit, you must be gutted to see the share price rising again, but then I did say it would! |
"Beckers2008 - 15 Jan 2025 - 13:15:07 - 21005 of 21239 Point 7007 or 79 or 7? Or whoever they are may need to close... Sentiment maybe turning..."
Not correct again am I...
I told the trolls, point 72's margin was thin. Seems they listened... Low and behold, they announced on the 16th of January that they have already started running for the hills, lol!
Trolls are quite today, where's Desperate Dan... '£1 is coming' lol, just lol! |
Sikhthetech copy and paste merchant from left wing Guardian, lol!
Tell me, when is the UK house price crash going to happen, lol, just lol! |
Just cos you’re pregnant again Jugsears, why bracket every 2 bed overloaded household in with your own situation. Circumstances change, and each case is different, and no doubt complicated. Something about judging book by cover |
Meanwhile TW continue to build & sell houses! |
![](https://images.advfn.com/static/default-user.png) Home truths: the only thing Labour is building is a bigger, more dysfunctional housing market
Private developers offer politicians a simple solution for bulldozing through this crisis – build more. But it won’t work
"The plan to build 1.5m homes over five years now depends on just six volume housebuilders. No other mechanism is proposed at scale: Labour’s extension of the home building fund to incentivise small and medium housebuilders will deliver only 12,000 homes. But volume builders have an incentive to limit construction to the “market absorption rate”: in other words, they won’t dent their profits by building enough homes to reduce the selling price. They also minimise the release of affordable homes: they tend to promise them, then pare down their promises as development proceeds. Unaffordable homes are more profitable. The government has proposed no measures sufficient to change these incentives."
"Why is price so unresponsive? Because “effective demand” for housing (demand backed by purchasing power) bears little relationship to need. As the professor of economics and finance Josh Ryan-Collins points out, since 2016, more homes have been bought as “additional dwellings” (second homes, holiday homes, Airbnbs, buy to lets, and so on) than by first-time buyers. Almost 1m homes in England are left empty, and the number of vacant properties has risen 32% since 2016. The measures the government proposes to address this scarcely touch the sides.
Many of those buying homes for investment here are based overseas – foreign property buyers alone have increased house prices in the UK by 17% since 1999. The financialisation of housing is a major driver of the fivefold increase in prices since the 1980s. You cannot simultaneously ensure that housing remains a lucrative investment and that everyone is well housed – yet this is what the government seeks to do."
"People find this hard to believe, but there is a massive housing surplus in this country. We have a higher ratio of bedrooms to population than ever before. The problem is that it’s woefully maldistributed: prosperous couples and single people knock around in mansions while families are crammed into tiny flats. Most of the expansion of housing supply in the UK since the 1980s has created extra space for wealthy people, rather than new homes for those who need them. About 8.8m homes in England are underoccupied. There’s already more than enough housing, by a wide margin, to meet everyone’s needs, if effective incentives for redistribution were created. But the government tells me it has no such plan."
"Just as mindless is the government’s belief that housing can be made more affordable through mortgage market liberalisation. Only last week, in response to government pressure, the Financial Conduct Authority proposed that mortgage rules should be further loosened to increase home ownership and promote growth. But if you flood an asset with money when returns are guaranteed, its price will rise. Are ministers really so simple-minded, or do they just pretend to be?" |
I see Point 72 are running to the exit from the 16th January. I told you trolls their margin was too tight.
Not correct yet again am I.
Where's mug-punter DvD, lol, just lol! |
Meanwhile TW continue to build & sell houses. |
Shocking really |
That’s stating the obvious Slugbreath |
Meanwhile TW continue to build & sell houses. |
the outlook isn't good for TW but the shares might go up a bit more this week when reeves tries to get the "animal spirits" going for construction investment. big speech on wednesday apparently. |
Harvramp
Read my post, I clearly say many things influence the housing market and HBs. I also say "etc"
I and other bears have mentioned Help to Buy many times. The HBs have made millions of pounds from the previous one introduced by the Tories over a decade ago.
The schemes (relax mortgage rules etc) being mentioned are desperate attempts and will result in many more in severe mortgage debt. That's not something the govn should be proud of. |
I’d feel like I were a victim of fraud if I bought a new build. But that’s only how I would feel personally what with the ‘fake-freehold’ TP1 issues surrounding new builds in general. How they can be described as ‘freehold houses’ when you have to answer to a private management company, is anyone’s guess
I think the snags thing is just a distraction really. Unless the walls and foundations are the issue, most snags like a leaking toilet can be easily fixed at relatively little cost. The main issue imv is describing so called fake-freehold houses as freehold houses
Imo |
And then you join them. Welcome |
Poor trolls, nothing better to do with their weekend, shame! |