I'm Calling the Bubble Has Just Burst
Discussion
Bubble in what? Cars? Houses? Art?
Although I was in the Remain camp I don't think you can judge much in these very early days. It'll change things for sure, but anyone panic selling now probably wasn't in the best position to weather fluctuations anyway.
Feel sorry for those people already in chains etc now though, bound to be people pulling out or trying to renegotiate on principal rather than because anything has manifestly changed (yet)
Although I was in the Remain camp I don't think you can judge much in these very early days. It'll change things for sure, but anyone panic selling now probably wasn't in the best position to weather fluctuations anyway.
Feel sorry for those people already in chains etc now though, bound to be people pulling out or trying to renegotiate on principal rather than because anything has manifestly changed (yet)
Durzel said:
Bubble in what? Cars? Houses? Art?
Although I was in the Remain camp I don't think you can judge much in these very early days. It'll change things for sure, but anyone panic selling now probably wasn't in the best position to weather fluctuations anyway.
Feel sorry for those people already in chains etc now though, bound to be people pulling out or trying to renegotiate on principal rather than because anything has manifestly changed (yet)
There was a thread I replied to yesterday in just this subject, really got my back up tbh.Although I was in the Remain camp I don't think you can judge much in these very early days. It'll change things for sure, but anyone panic selling now probably wasn't in the best position to weather fluctuations anyway.
Feel sorry for those people already in chains etc now though, bound to be people pulling out or trying to renegotiate on principal rather than because anything has manifestly changed (yet)
Cunning plan.
It's essentially a house of cards and if we, as one of the best represented motoring forums start the rumours now, people will start to panic sell their assets.
We need to spread the seeds of distrust and misinformation now.
The end state as I see it will be a Ph meet were we all bring the Ferraris we picked up for 4 grand.
It's essentially a house of cards and if we, as one of the best represented motoring forums start the rumours now, people will start to panic sell their assets.
We need to spread the seeds of distrust and misinformation now.
The end state as I see it will be a Ph meet were we all bring the Ferraris we picked up for 4 grand.
CS Garth said:
Sorry - classics/modern classics
Hard to call I think.Certainly the end of cheap LHD cars coming over, the margins that existed before probably don't anymore.
Think the cars themselves will remain decent investments - they were already being sold as such for some time. In the very short term though I imagine there will be a lot of HNWI backing out of purchases etc.
If interest rates go up then that'll have a more direct and palpable effect I think.
CS Garth said:
daemon said:
f
k, the doom and gloom merchants are going to blame everything on Brexit from now on arent they?
"Just had the worlds smelliest dump". Brexit mate.
Makes a change from blaming Europek, the doom and gloom merchants are going to blame everything on Brexit from now on arent they?"Just had the worlds smelliest dump". Brexit mate.
However i fully expect people will sit around blaming brexit.
I'm sorry to disappoint but I'm a dealer (classics and exotics) and I'm not worried at all.
Business has picked up since the results came in, admittedly the week leading up to it it was very quiet.
But don't let the truth get in the way of yet another 'Bubble' story.
For want of a better term but what people like to call 'bubble' priced cars are an International Commodity, and a slow down whether it be the UK, Germany, Japan or even bloody Greenland economy isn't going to cause the crash that it seems a lot of people are wanting.
Business has picked up since the results came in, admittedly the week leading up to it it was very quiet.
But don't let the truth get in the way of yet another 'Bubble' story.
For want of a better term but what people like to call 'bubble' priced cars are an International Commodity, and a slow down whether it be the UK, Germany, Japan or even bloody Greenland economy isn't going to cause the crash that it seems a lot of people are wanting.
Added to which, the UK is not the centre of the classic car market. If we are uncertain, and the market takes a hit here (if), that won't necessarily mean the world-wide 'bubble' will burst. The same financial imperatives exist today as did last week. The only difference is that British buyers might (might) be less inclined to join in.
elms said:
I'm sorry to disappoint but I'm a dealer (classics and exotics) and I'm not worried at all.
Business has picked up since the results came in, admittedly the week leading up to it it was very quiet.
But don't let the truth get in the way of yet another 'Bubble' story.
For want of a better term but what people like to call 'bubble' priced cars are an International Commodity, and a slow down whether it be the UK, Germany, Japan or even bloody Greenland economy isn't going to cause the crash that it seems a lot of people are wanting.
Fair play but 72 hrs since the vote is not much time to gauge it things. There is no glee in this for me - I sincerely wished we were not in this positionBusiness has picked up since the results came in, admittedly the week leading up to it it was very quiet.
But don't let the truth get in the way of yet another 'Bubble' story.
For want of a better term but what people like to call 'bubble' priced cars are an International Commodity, and a slow down whether it be the UK, Germany, Japan or even bloody Greenland economy isn't going to cause the crash that it seems a lot of people are wanting.
CS Garth said:
elms said:
I'm sorry to disappoint but I'm a dealer (classics and exotics) and I'm not worried at all.
Business has picked up since the results came in, admittedly the week leading up to it it was very quiet.
But don't let the truth get in the way of yet another 'Bubble' story.
For want of a better term but what people like to call 'bubble' priced cars are an International Commodity, and a slow down whether it be the UK, Germany, Japan or even bloody Greenland economy isn't going to cause the crash that it seems a lot of people are wanting.
Fair play but 72 hrs since the vote is not much time to gauge it things. There is no glee in this for me - I sincerely wished we were not in this positionBusiness has picked up since the results came in, admittedly the week leading up to it it was very quiet.
But don't let the truth get in the way of yet another 'Bubble' story.
For want of a better term but what people like to call 'bubble' priced cars are an International Commodity, and a slow down whether it be the UK, Germany, Japan or even bloody Greenland economy isn't going to cause the crash that it seems a lot of people are wanting.
daemon said:
CS Garth said:
elms said:
I'm sorry to disappoint but I'm a dealer (classics and exotics) and I'm not worried at all.
Business has picked up since the results came in, admittedly the week leading up to it it was very quiet.
But don't let the truth get in the way of yet another 'Bubble' story.
For want of a better term but what people like to call 'bubble' priced cars are an International Commodity, and a slow down whether it be the UK, Germany, Japan or even bloody Greenland economy isn't going to cause the crash that it seems a lot of people are wanting.
Fair play but 72 hrs since the vote is not much time to gauge it things. There is no glee in this for me - I sincerely wished we were not in this positionBusiness has picked up since the results came in, admittedly the week leading up to it it was very quiet.
But don't let the truth get in the way of yet another 'Bubble' story.
For want of a better term but what people like to call 'bubble' priced cars are an International Commodity, and a slow down whether it be the UK, Germany, Japan or even bloody Greenland economy isn't going to cause the crash that it seems a lot of people are wanting.
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