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Debate House Prices


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Why can no one be positive on this forum.

Why if you respond in a positive way people try to make out you are an idiot.
Not all people are going to be effected by the credit crunch so they can be positive surely. It is only a point of view after all.
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Comments

  • WTF?_2
    WTF?_2 Posts: 4,592 Forumite
    Why if you respond in a positive way people try to make out you are an idiot.
    Not all people are going to be effected by the credit crunch so they can be positive surely. It is only a point of view after all.


    I agree - thanks to the house price crash instead of getting up to my eyeballs in debt to buy a house I should be able to pick up a reasonable house for cash or at least a small mortgage. Plenty to be positive about for me and others in similar positions :D
    --
    Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.
  • !!!!!!? wrote: »
    I agree - thanks to the house price crash instead of getting up to my eyeballs in debt to buy a house I should be able to pick up a reasonable house for cash or at least a small mortgage. Plenty to be positive about for me and others in similar positions :D

    But i thought you were at university?
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    !!!!!!? wrote: »
    I agree - thanks to the house price crash instead of getting up to my eyeballs in debt to buy a house I should be able to pick up a reasonable house for cash or at least a small mortgage. Plenty to be positive about for me and others in similar positions :D

    I wish you luck with that one my friend.
  • WTF?_2
    WTF?_2 Posts: 4,592 Forumite
    But i thought you were at university?

    I was at university - many moons ago. :D
    --
    Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.
  • Annpan
    Annpan Posts: 263 Forumite
    Part of the Furniture Combo Breaker
    I'm positive - that house prices will fall some more.
  • !!!!!!? wrote: »
    I was at university - many moons ago. :D


    Education now.:rolleyes:
  • neas
    neas Posts: 3,801 Forumite
    Some of us are happy at house prices dropping but im sure everyone has that niggling feeling that things could get worst for any of us.

    We could lose our job, we could stay in a stupidly high inflatinary period which means britain no longer is 'great britain'... because we are as poor as pakistan is now...

    I think as a whole we will all get poorer... we just wont realise it at first. We've had our boom time and had our fun, not everyone in the world has PS3s, 4 mobiles, 3 litre cars, large houses and nice clothes and plentiful clothes heat/warmth..

    Ofc we wont become a third world country just.... everything will cost a bit more.
  • I think we are all missing the point here why can you not accept some people have a positive point. You all make hout they are mad, but it is OK if someone is posting houses have fallen 50%!
  • WTF?_2
    WTF?_2 Posts: 4,592 Forumite
    neas wrote: »
    Some of us are happy at house prices dropping but im sure everyone has that niggling feeling that things could get worst for any of us.

    We could lose our job, we could stay in a stupidly high inflatinary period which means britain no longer is 'great britain'... because we are as poor as pakistan is now...

    I think as a whole we will all get poorer... we just wont realise it at first. We've had our boom time and had our fun, not everyone in the world has PS3s, 4 mobiles, 3 litre cars, large houses and nice clothes and plentiful clothes heat/warmth..

    Ofc we wont become a third world country just.... everything will cost a bit more.

    Spot on - a lot of people are going to go from feeling well off to being decidedly financially borderline. In fact, they already are but thanks to cheap and easy credit and a superficially buoyant economy they haven't had to face it yet.

    Still, good news for those of us with the means to weather the disintegrating economy and maybe even capitalise on it.
    --
    Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.
  • !!!!!!? wrote: »
    Spot on - a lot of people are going to go from feeling well off to being decidedly financially borderline. In fact, they already are but thanks to cheap and easy credit and a superficially buoyant economy they haven't had to face it yet.

    Still, good news for those of us with the means to weather the disintegrating economy and maybe even capitalise on it.

    And what are they savings make below inflation interest? or Gold!
    Please tell me how you will survive and capitalise.
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