I started posting there in 2008 and have over 5K posts to date. I actually agree with a great deal of what these people are saying; the banks have loaned far too much money to far too many people who shouldn’t have had it; houses are ludicrously over priced; house prices are falling; people have led profligate lives centered around acquiring cars, mega tellies and suchlike on stupid amounts of credit.

Their theories of why a crash is going to happen are actually pretty sensible the problem is it isn’t actually happening and probably won’t. Four years since the banks started to go down and still nothing. The mistake I made was to point all this out to them and point out why its probably not going to happen. The bottom line is that it can’t happen without lots and lots of forced sales (repossessions) and they are unlikely to happen in the forseeable future. They will tolerate you posting if you are talking down a crash on crap arguments but as soon as you start posting sensible reasons as to why it can’t happen then they’ll ban you.

HPC is grate place because you can say what you like so long as you don’t mention immigrants taking our jobs or say anyhing againt Gay pride but thats understandable because the mod comes from India and and his boy friends makes him delete posts.

Perhaps you children should have kept the debate in the sandbox, away from innocent bystanders that have a hard enough time controling thier own kids.

http://forum.globalhousepricecrash.com/index.php?showtopic=29462