A little Hypocrisy?

Cannon_Fodder

http://www.george.com/

mewbie_2

neverdespairgirl wrote: »

Why will prices hold steady in S Bucks and W Oxon?

Tut. It's a classy area. Class holds it's value so much better. That's why we (Maisie and I) know that nice places will never drop like the scummy areas - Nanny wouldn't let it happen.

mewbie_2

GDB2222 wrote: »

Also MEW - what does this stand for? I guessed Mortgage Equity Withdrawal.

I think I am well place to answer this. MEW stands for mortgage equity withdrawal. A strange term that hides it's meaning. It means borrowing money secured against your home. It's not magic money, or free money, just borrowed money.

From the same people who invented credit card which means precisely the opposite.

GDB2222

Cannon_Fodder wrote: »

http://www.george.com/

Ah, thanks! Same sort of reason that my brother's name is Michael.

Jazzypap

The only thing I intended was to express an opinion based upon some of the postings I've seen lately. This wasn't a complaint in any form but an observation and an opinion, which I thought was the one of the ideas of this type of forum but this was leapt on by some people obviously on the defensive for some reason.

I appreciate that a house is a home to most and not an investment but at the same time, if for example, you are buying as a FTB at the bottom of the ladder, you surely have to consider your next purchase after say, deciding to start a family etc. and what value will your property yield then...admittedly this may be some time in the future and the market may have changed but there are some people who buy a FTB property to try & immediately move up the ladder.

Carolt

I did ponder on the apostrophe but thought life's too short for grammar these days!!! My God...if I thought the tiny minority that engage on these types of forums had any power to influence the market I would indeed 'eat my hat!'.


MaxH

'That doesn't make me a hypocrite, indeed quite the reverse, a hypocrite would talk about it terms not as how he really sees things.'

- I have absolutely no idea what this sentence means...does anyone?

So basically the 'realists' wouldn't mind buying a house and the value nosediving then? If they didn't mind, it all sounds too altruistic, even for me to believe. I do believe some peoples motives are hidden behind some all too familiar phrases and some selective copying and pasting from certain reports/news items that fit with their asperations.

johnycoldears

Max_Headroom wrote: »

Is it "talking the market down", or just being realistic about the market?

Personally I bought a house years ago and no intentions of selling or doing anything, but I still discuss the housing market and economy in negative terms on here because that's how I see it. When I see strong signs of positivity then I'll talk about it in positive terms.

That doesn't make me a hypocrite, indeed quite the reverse, a hypocrite would talk about it terms not as how he really sees things.

Thanks, saved me making exactly the same post - apart from the last cryptic sentance obviously.

dopester

Jazzypap wrote: »

So basically the 'realists' wouldn't mind buying a house and the value nosediving then? If they didn't mind, it all sounds too altruistic, even for me to believe.

Of course I mind.

I'm sick at the thought of even breaking in to my savings fund to buy a property. I'm going to use and bend everything that can be reached with the purpose of forcing through a deal to acquire the home/land of my choice at minimal expense.

The path of the future is back to society building financial assets (savings), so it can be deployed in ways to build real wealth and advancement, instead of locking such property. That is just another downward force that is pushing down hard on house prices.

Selling property to each other for every greater amounts in no way to run a sustainable economy to build up the wealth of a society in this world.

Although "money is poverty" anyway, but its the best system we've currently got. Money won't have much use in a post-scarcity, abundant energy independent society of a possible future, although we've got a long way to go until then.

ess0two

Dan: wrote: »

Well, Carol is a teacher!

I've got visions, whip in hand,a bit of a dominatrix.

ess0two

mr.broderick wrote: »

Must admit i'd like her to burn my nipples with matches.

Much prefer dripped hot wax,would also like the punishment for late homework.

MrSafeGaz

Is it honestly that unreasonable to believe that some FTB's want houses to come down in price to allow themselves to get onto the ladder without financially crippling them for the remainder of their lives?

Besides as we all know, you do not realise any 'profit' in a house that you buy as a home, unless you downsize or die of course! Personally due to this and working under the assumption that I won't be wanting to downsize anytime soon, my preference would be for houses to drop further seeming as it would be cheaper to upgrade!