From: Richard Faulkner 
Newsgroups: uk.finance
Subject: Re: I SAID HOUSE PRICES WOULD START FALLING IN Q4 2004 BACK IN OCT 2003 - I WAS RIGHT
Date: Tue, 2 Nov 2004 10:24:37 +0000

In message , 
sam1967@hetnet.nl writes
>it isnt difficult to understand. question i have is what is the bset 
>way to mkae mneoy when hsoue pcries srtat falling (q4 2004,  q1 2005).

Even more miraculous is that you made this prediction after a skinful 


The fact is that it doesnt take a rocket scientist to repeatedly post 
that prices will fall, to be right eventually.

The reason they have fallen, (in some areas), is the 30% increase in the 
base rate, which is controlled by the MPC, (??), and it was purely luck 
rather than judgement that your prediction coincided with their efforts.

I would imagine that if you increase the price of anything by 30%, it 
will have a dramatic effect on sales - unless it is price inelastic, 
(IIRC from my economics stuff).

-- 
Richard Faulkner