What have I done wrong! Oh go on one last thread! :)

justpurchased

carolt wrote: »

No - that's extremely disingenious. People responded to your comments (a) trying to talk up the housing market, claiming, for example, that old chestnut that rising population meant prices had to keep rising too (despite somewhat disproved by current events!). And (b) claiming that falling house prices = doom and gloom, to which many responded kindly by explaining that to them it felt rather like winning the lottery on a monthly basis.

Of course you're here to gloat.

At what point are you off then? I'm rather tired of these posters who stage their own dramatic funerals, only to promptly return. Are you mr b in disguise?

carol you dont read .
A) I said that population will have a bearing on where prices will fall more than any time in history. My own personal opinion, I do not call people a fool for not beliving me as it is my own oppinion. (unlike so many who do the opposit for not beliving there oppinions)
As said in the doom and gloom post I do not class house price defaltion as doom and gloom, you are a classic example of why a i threw my hat in!
you dont read, just pick the points you want to perceive i am saying.

beecher

justpurchased wrote: »

Thanks, I think the doom and gloom was taken out of context. I was just saying that some of the posting and argument over sensationalise things. (and are based on improving there owen situation EG put intrest rates up .5% as they have savings even if it would be a disaster for the economy).
As stated before i do not class house price defaltion as doom or gloom. Just saying the world is going to fall apart, i just don't buy in to that. but each to there own.

I don't agree with this. Interest rate rises would affect me as I have a mortgage, but I think they are necessary. House prices are far too high at the moment, and need to come down significantly - again I don't see this as doom and gloom. The economy is in a worse state than it has been in decades, due to this government's reliance on credit to boost the economy. It was always going to end badly, and we're in the process of seeing just how bad it will be.

lostinrates

I think you've actually done some right: you bought at a price making your house 'worth' what the analysts discussing overvaluation would put the real price of your house at. I'm guessing you've bought affordably in an area where you can get a house that you need for what you can pay. You took into consideration your position, your needs and thought hard about it. This is all right CONGRATULATIONS.


I think where wrong creeps in (to both sides) is where we assume because we did it/can't do it it is the same for everyone or even the average. I would suggest that you might have beaten the stats or been one of the people who pulled them down a little.

I wonder how many people bought from the same development at such a great discount? Sadly, I think a huge number of people did not make such wise decisions, or decisions catered for them. I'm also pitying anyone who might have bought a similar valued house to yous for say, £30k off with less equity to put in. They probably felt tremendous relief at buying with suh a reduction, maybe even celebrated moving in with a bottle o Bubbly and a takeaway sitting amoung their boxes. Now this theoretical family have higher outgoings and their theoretial house is worth less than they theoretically paid.

justpurchased

lostinrates wrote: »

I wonder how many people bought from the same development at such a great discount? Sadly, I think a huge number of people did not make such wise decisions, or decisions catered for them. I'm also pitying anyone who might have bought a similar valued house to yous for say, £30k off with less equity to put in. They probably felt tremendous relief at buying with suh a reduction, maybe even celebrated moving in with a bottle o Bubbly and a takeaway sitting amoung their boxes. Now this theoretical family have higher outgoings and their theoretial house is worth less than they theoretically paid.

I agree, this was a stock house and house selling had come to stand still and I was equiverlent to a FTB with a huge deposit. We had to hire a holiday cottage for 3 week (during the factory fortnight, ouch) just to get us in the position for the sale to go through (we were going to sign a rental agreement on the monday we purchased on the saturday.)
I too feel for the other people who purchased at a lot higher, but i only took advantage of the economical conditions not them. If i had not done it someone else would have.

Jimuth

I don't see the point of all this. Are you an attention-seeking "flouncer"?

You've got a house you're happy in. You're very well insulated from negative equity. You got it for a good price.

Do you REALLY care what people say on an internet forum? On a house prices forum - where the price of houses has 0, nil, zip, nada, zilch, no impact on you?

Tell you what.
I'll have your house, and you can have my not caring what people call me online.

justpurchased

Jimuth wrote: »

I don't see the point of all this. Are you an attention-seeking "flouncer"?

You've got a house you're happy in. You're very well insulated from negative equity. You got it for a good price.

Do you REALLY care what people say on an internet forum? On a house prices forum - where the price of houses has 0, nil, zip, nada, zilch, no impact on you?

Tell you what.
I'll have your house, and you can have my not caring what people call me online.

No I am just the Kind of person who does not expect people to take my oppinion as law.
I do like to treat people as I would like to be treated so it winds me up when someone as a pop at me for having a opinion.
In some way house prices does effect me as I do have one, but i am also just intrested in some peoples views.
But people loosing houses and becoming unemployed does bother me as i do work and as people rightly say the economy as been to close to houses for a long time.

lostinrates

justpurchased wrote: »

.
I do like to treat people as I would like to be treated so it winds me up when someone as a pop at me for having a opinion.
.

You did take a pop at people whose opinions were different to yours yesterday. I think those who post politely 100% of the time are very few and far between. I had a big snap last week myself (then apologised to everyone:o )

obsessed_saver

justpurchased wrote: »

I over stated how much I wanted to borrow as I wanted to see what the valuation would come back at, just to see if we did get a good deal. (Its market price as a new build was original £340K purchased £250K)
It came back at £306K! £56K more than I purchased for! (I know this is paper money and I would never sell as we love the house, it really is our forever house)(Also I am not going to MEW it!)

Basically, you just want to feel "better" about your decision, and you want everyone on this forum to make you feel better by agreeing with you.

Come on, everyone. Let's make justpurchased feel good.

Yes, you made the right decision. Some how, you have outwitted everyone to get your dream house at a bargain price. We are all soooo envious of your situation! :T

Dan:_4

beecher wrote: »

I don't agree with this. Interest rate rises would affect me as I have a mortgage, but I think they are necessary. House prices are far too high at the moment, and need to come down significantly - again I don't see this as doom and gloom. The economy is in a worse state than it has been in decades, due to this government's reliance on credit to boost the economy. It was always going to end badly, and we're in the process of seeing just how bad it will be.

I've said it before, and I'll say it again:

What may not be doom and gloom for you, beecher - may well be for someone else.

PayDay

justpurchased wrote: »

Sorry i will not give out personal details on the web.

Giving the first 3 or 4 letters of your postcode is not personal details as it will cover a wide area. If you still don't want to give that, then I can only assume you are just bulls1tting about how your house has gone up in value.