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Debate House Prices


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Why can no one be positive on this forum.

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Comments

  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    Jonesya wrote: »
    Unfortunately even this tale doesn't have a happy ending, it turns out that Mr Smith was only looking in the agents window to kill time while his wife was in the shoe shop. He wasn't even interested in buying a house. :(
    Sometimes the button Thanks isn't quite enough. Great post. And... er.. Thanks!
  • Pobby
    Pobby Posts: 5,438 Forumite
    Being positive must be coupled with being realistic. I have a mate who stays`` positive `` and crashed from one disaster to another. The latest is that he has cashed in a couple of small pensions to get the tax free element just to pay the mortgage. He admits that when that is gone that`s it!

    He was one that I suggested that btl wasn`t for him. Yes positive is all well and good but be sensible and stay in the real world.
  • moanymoany
    moanymoany Posts: 2,877 Forumite
    I don't post much these days as there does seem to be alot of slanging matches going on!

    To answer the OP's question Why can no one be positive on this forum? The reason is quite simple, there's not much to be positive about when you're heading towards recession!

    On the Topic of House prices, I called the top of the market end of 2004, and the amount of stick I got from those (on this forum) who were positive wasamazing!I was treated as a complete nutjob by many who thought Houseprices would only continue on an upwards trend. I wonder how long it'll take us to get back to fourth quarter 2004? Not long I suspect!



    In the USA the house prices - according to this piece from CNN - are back to 2003!

    http://money.cnn.com/2008/08/18/news/economy/Colvin_next_credit_crunch.fortune/index.htm

    "Of course, we don't hear those assurances anymore. Stocks are back where they were eight years ago, and home prices are where they were five years ago. But personal debt is much higher than ever before, and average pay is still going nowhere in real terms. So now how do we live as if our living standard is still rising?"

    Where Uncle Sam goes the British Lion follows behind.
  • ezman
    ezman Posts: 63 Forumite
    Part of the Furniture Combo Breaker
    the atmosphere on this particular forum (house prices) is so different from the rest of the site. a lot of posters seem to be the kinds of bitter and twisted housepricecrash.co.uk frequenters. I've no problem at all with the message they bring, as long as it's done transparently, and they act in a civilised manner, as everyone else seems to be able to do on this site.
  • WTF?_2
    WTF?_2 Posts: 4,592 Forumite
    Oh dear - the poor sensitive housing bulls are getting upset that the mood has swung to being overwhelmingly bearish, here and in the media at large :rotfl:

    I remember the atmosphere on these boards a year ago when lots of people started posting bearish outlooks and warning others not to get into property at that point - outright hostility and some downright nastiness.

    In fact, any reasonable person looking over the posts of the last year will notice a pattern of those 'bullish' on prices frequently getting personal during the course of 'debate'.

    I can fully understand why people who bought into property at the wrong time and paid over the odds or worse, overextended themselves financially, would be riled by people posting bearish outlooks. It's human psychology - Kuebler Ross to be precise:

    http://en.wikipedia.org/wiki/K%C3%BCbler-Ross_model

    However, I suggest the bulls get over it and stop whining that people here should live in la-la land and make only 'positive posts' that happen to suit their phase of denial.
    --
    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: »
    However, I suggest the bulls get over it and stop whining that people here should live in la-la land and make only 'positive posts' that happen to suit their phase of denial.

    Another great post! read the rest of the post all of the way through:rolleyes: . By the way you never got back to me on how you were placed to survive the credit crunch.
    Ok if some one as run you down in the past i feel for you but is it my fault?
  • damanpunk
    damanpunk Posts: 192 Forumite
    I think it just gets a bit dull if you are one of the people who can afford to weather out the storm. I can see why other people may get upset, afterall its their home they are likely to lose but how could anyone ever see the likes of 125% mortgages being a good idea?!

    If anything its been a good experience for me, its prompted me to think about overpayment etc.
  • WTF?_2
    WTF?_2 Posts: 4,592 Forumite
    Another great post! read the rest of the post all of the way through:rolleyes: . By the way you never got back to me on how you were placed to survive the credit crunch.

    Yes I did - see my post in response. House prices going down, savings going up. It's not rocket science :rolleyes:
    Ok if some one as run you down in the past i feel for you but is it my fault?

    See what I mean about the bulls getting personal? Thanks for proving my point. You get no sympathy from me.
    --
    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.
  • Another great post! read the rest of the post all of the way through:rolleyes: . By the way you never got back to me on how you were placed to survive the credit crunch.
    Ok if some one as run you down in the past i feel for you but is it my fault?

    Yes he/she (sorry, don't know which) did! !!!!!! is well placed as all his/her savings will be going into property, which the credit crunch is ensuring continues to plummet in cost.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • !!!!!!? wrote: »
    Yes I did - see my post in response. House prices going down, savings going up. It's not rocket science :rolleyes:

    Oops, posted at the same time. :D
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
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