Taylor Wimpey Share Discussion Threads

[sunshine today] 01/11/2022 10:01

Gosh that was quick 1% in 4 weeks !!!

That’s going to hit margins, as TW require house prices to says afloat.

Bigger fall next month.?

[wfl1970] 01/11/2022 09:23

House price falls now hitting the media...more to follow imv.

[beckers2008] 01/11/2022 08:45

Marshall Wace have yet again reduced their short position, buying back TW. shares, as announced from their last official notification on the 28th October.

[blackhorse23] 01/11/2022 08:17

I have little bit of this shares but my biggest holdings is CURY (LSE)

[beckers2008] 31/10/2022 22:36

Mortgage rates are falling, lenders are issuing new lower deals which will intensify as the markets have calmed.

[sikhthetech] 31/10/2022 22:12

I see my EZJ continues to do well....

HBs/housing market got a boost during covid with govn support. Travel didn't.

Now the world is opening up and 'living with covid', things are returning to pre-covid times.
Spain lifted it's remaining covid restrictions only a week ago and it is UK's top destination for sun seekers.


Even with cost of living crisis, people will still go on holiday for the sake of the kids and their own wellbeing. Those homebuyers who will hold off buying a home due to future cheaper mortgages and housing market price falls will still go on holiday...Cheaper hols/weekend breaks.

Pent up demand, living with covid..

Plus reports today claim BA owner, IAG, is looking to buy rivals.
Housing market slump, travel business boom...
still a long way to go
;-)

Spain lifted all remaining covid restrictions only last week.
Spain lifts final Covid rules for UK travellers

[beckers2008] 31/10/2022 18:29

Sikhthetech' such a bore!

Please believe me,there is going to be a housing crash in 18, 19, 20, 21 and wait for it 22!
You are a liar and you must be so burnt your charcoal, lol!

Is there going to be a housing crash... No!

Why keep posting for over 4 years, you must be hurting so badly, poor love, lol, just lol!

[sikhthetech] 31/10/2022 17:10

Watch the demand fall and supply increase.
;-)


Higher mortgage rates could take up to 5% off residential property prices next year, according to Zoopla.

The recent spike in mortgage rates represents the largest interest rate shock for new buyers since the late 1980s and despite signs that mortgage rates will fall back, they will not return to the ultra-low levels of recent years.

[beckers2008] 31/10/2022 16:32

The energy crisis is already starting to abate as gas continues to plummet, the market cost for a unit of energy, called a therm, was down by over 7% for the day on Halloween at around £3.14. At the end of September, it was at almost £5, leaving it down over 36% for October, a time when gas prices often rise as the autumn nights draw in.

[lefrene] 31/10/2022 12:55

JUG, the countries and States that didn't shut down had no worse experience than those that did. It was an uneccesary but deliberate exercise, which I believe was done to create economic damage as a smoke screen from the fall out of the 17-9-19 New York repo-market event. (ie the worlds 2000 biggest banks were bust for 25 minutes before the FED started throwing trillions into the black hole. After all when you have a $400 trillions derivatives market, it needs to be lubricated with dosh or else it siezes up and takes the real world down with it.

After WW11 there was a massive housing demand, prices initally shot up making homes unaffordable, the Labour Government of the day brought in stiff borrowing requirements, and thus despite the huge demand, houses had to be built down to a price. The country had to pay back the lovely Americans for their help, thus it was export or perish. Thus you can't have high wages, thus you need low cost living conditions. We are in the same position now, except that we have not had a war, merely 50 years of pc profligacy, and not much to show for it except for vast numbers of public employee's vert few of whom actually contribute to nationa wealth.

I fhtye want to solve the housing crisis then purchase land at agricultural prices, get builders to quote for 1200sq ft homes, finance those bilders, but the land the houses sit on remain with the State. The owner buys the house, but pays a pepper corn rent for the perpetual use of the land. Thus the typical £100k price for the little piece of dirt the house sits upon, is not a burden around the kneck of the occupier. No one made the land, it has all been taken at the point of a sword, it's perverse to invent debt around it, just so that an entity that creates free money can bleed the peasantry for it.

TW and others I'm sure would be only too happy to build under those terms, in the process creating many jobs across many industries, thus adding much more real wealth to our economy.

[jugears] 31/10/2022 12:37

Lef, you do have to question if there really was a necessity to shut the country down during covid, the only people that I know that supposedly died from covid had already got life ending serious illnesses & would have died anyway!
I note Mr Gove is still committed to his 300k a year housing target, that's going to be interesting & never going to happen imo but unless we come near to this target houses prices will continue to rise in the future,It will be interesting to see if houses prices fall or not & how far wrong the so called experts were!

[beckers2008] 31/10/2022 12:22

L,

Some fair points you make.

Imo, the SP's of House builders are an aberration and not justifiable when during Covid times outlets were closed and zero visibility of earnings were apparent.

Imv, house builders SP's should not be lower than during Covid. Unemployment levels are at historic lows, foreign investment due to the value of the £ is rising and rental prices are at all times highs due in part to thousands of Ukrainians being paid by UK Gov to live here.

Not really fussed about house prices but the fundamentals do not point to a house price crash.

[lefrene] 31/10/2022 12:01

It's my belief, (from personal experiences) that the covid virus was deliberately exagerated to create an economic smokescreen to hide the fall out from the New York repo-market hiatus that cost $6.6 trillions to rescue, and the fall out from it is why we are where we are. As for the pandemic being deadly the ONS recorded just 17,600 deaths from it, and then with a nudge a few weeks later upped it to circe 21,500. All the others died "with it" including a friends son who spent the last four months of bhis life in an private isolation ward dying by tiny fractions at age 48 from a brain tumour, but oh yes they made sure they wrote "covid" on the death cert!

Somehow I think worrying over house prices is a bit of a distraction from the bigger picture. We have experienced an experiment in control, expect to experience more of it before too long, as currencies go to toilet paper. Again I notice that the major builders move pretty much in unison, it seems barely worth the effort to atempt to work out which one is the most efficient and skilled, as the market seems pretty much indifferent. Or I should say the computer algo's are indifferent.

[sikhthetech] 31/10/2022 11:43

I see my EZJ was yet another timely trade - bought at 285p.

Covid gave Housing market and HBs a boost whilst travel was badly impacted.
Now govns and people are 'living with covid' more and more are returning to normal.

Last week Spain lifted all remaining covid restrictions and it is UK's no1 destination.

When there's a cost of living crisis, people don't stop going on holiday, they switch to cheaper hols/weekend breaks for the sake of the children and their own wellbeing.

The pent up demand for holidays/weekend breaks will see travel surge.

Potential homebuyers who would hold off buying a house until mortgage rates decline or there's a housing market crash will still go on holiday.

Housing market boost over, travel boost coming.

Still a buy at 350p.

[beckers2008] 31/10/2022 11:21

Yeah, don't worry sT, ya gonna just keep posting BS, lol, just lol!

Meanwhile...
Mortgage rates are falling, lenders are issuing new lower deals which will intensify as the markets have calmed.

[rwlly1] 31/10/2022 11:07

Don't worry ST, I think the bulls are just going to bury their heads in the sand rather than confront reality.

[sunshine today] 31/10/2022 08:57

Umm your obviously not keen on facts

Please read todays report for yourself