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A cold breeze up the kilt for Hamish
Comments
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There is something fundamental in this, but it doesn't cover the nature of some of the short term mortgage deals which were available.Your home is at risk if you do not keep up repayments etc etc. They were told over and over, but they didnt listen.
I believe a first home loan should be priced on a period of at least 5 or even 10 years.
The 'teaser rates' and short term deals don't do us any favours in the long term; they encourage speculation and bubbles.0 -
HAMISH_MCTAVISH wrote: »And I find it far sicker that you actively wish for mass misery, poverty, recession, unemployment, negative equity, bankruptcy, etc to be inflicted on millions of people just so that a handful of you can [STRIKE]get a slightly cheaper house[/STRIKE] get out of self-inflicted negative equity/make money on BTL.
The [STRIKE]bears on here and hpc[/STRIKE] bulls have repeatedly proven yourselves to be sick, twisted, selfish, spiteful, bitter and nasty little people for the last 2 years.
You cannot begin to comprehend the contempt I feel for anyone who would cheer on a recession and unemployment for millions just to [STRIKE]save a few grand on a house[/STRIKE] make a few grand on a house.
Just change a few words, Hamish, and it pretty much sums it up. :eek:0 -
The best was 2007 when they finally gave up and the market crashed :rotfl:
Yes I found that very amusing too, presumably it is true because no one has corrected Hamish.
I wonder if anyone that worked for them actually STR'd in 2002/3 then bought back into the market in 2007. However I wouldn't say that was funny, quite the opposite in fact, I wouldn't wish that on anyone (well that's not quite true I would in fact wish that on two people that I know, but they deserve it)Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
Of course house would gone down or at the very least held there ground years ago if teaser mortgages were no available. The liar Brown, for that is what he is, allowed all this to happen despite his promise that he wouldn`t. The housing market was a fire that would not be left to dwindle as gallons of financial petrol was being poured onto it. That`s until the lenders realised what a mess they had got them selves into.
Poor old beggers like me now receive very little interest on our savings as we have to subsidise those who were not prudent. Just imagine having old Thatch back and ramming the rates up to 12%. Wasn`t many tears shed for us borrowers then, many of whom were thrown out of their homes.0 -
Just change a few words, Hamish, and it pretty much sums it up. :eek:
Your correction doesn't make sense.You cannot begin to comprehend the contempt I feel for anyone who would cheer on a recession and unemployment for millions just to save a few grand on a house make a few grand on a house.
How do bulls cheer on the recession and unemplyment for millions.
They don't want this, they want a growing economy that would help to fuel hpi.
Also to aid this, they would want more people in employment, earning money that could increase demand on housing.
Must do better when marking someones work
:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
IveSeenTheLight wrote: »Your correction doesn't make sense.
How do bulls cheer on the recession and unemplyment for millions.
They don't want this, they want a growing economy that would help to fuel hpi.
Also to aid this, they would want more people in employment, earning money that could increase demand on housing.
Must do better when marking someones work
Frightening, isn't it?
It absolutely boggles the mind that someone so utterly ignorant could be responsible for shaping young minds.
No wonder this country has gone to hell in a handbasket.
I blame Labour.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Sorry but back again. How many times do i have to spell it out. The recent HPI is a bout a bubble, a huge bubble, based on a degree of hype, silly lending policies and something that got decoupled from main stream economics. End of. Where i live housing went up a good 300% in 10 years, from a low base. I wish McTavish could explain to me the logic behind that. Um, no, he won`t be able to. So far, after tons of posts no one can explain it.
Somehow it`s still in it`s own sphere kept alive by insanely low IRs0 -
IveSeenTheLight wrote: »Your correction doesn't make sense.
How do bulls cheer on the recession and unemplyment for millions.
They don't want this, they want a growing economy that would help to fuel hpi.
Also to aid this, they would want more people in employment, earning money that could increase demand on housing.
Must do better when marking someones work
See Pobby's post.
If you genuinely think that the boom of the last decade and the crash we are living through are victimless, if you imagine that none of the economic problems we face and will face as we pay for the most expensive economic rescue ever have anything to do with short-sighted attempts to keep the housing market pumped up at all costs prior to the election, then frankly, you don't deserve more than a D-, ISTL.
Disappointing work.0 -
See Pobby's post.
If you genuinely think that the boom of the last decade and the crash we are living through are victimless, if you imagine that none of the economic problems we face and will face as we pay for the most expensive economic rescue ever have anything to do with short-sighted attempts to keep the housing market pumped up at all costs prior to the election, then frankly, you don't deserve more than a D-, ISTL.
Disappointing work.
Sorry carol, none of the above was referenced in your previous correction.
I'm mighty glad I didn't have you as a teacher.
If I did, I might have not advanced as I did and could be moaning and agreeing with your views alongside you.
[edit]
P.S. why would I want to refer to Pobby's post. I mentioned your correction of Hamish didn't make sense
[/edit]:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
IveSeenTheLight wrote: »Sorry carol, none of the above was referenced in your previous correction.
I'm mighty glad I didn't have you as a teacher.
If I did, I might have not advanced as I did and could be moaning and agreeing with your views alongside you.
You're clearly not as advanced as you seem to think, ISTL.
Re-read my post, you seem to have had difficulty understanding it.0
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