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Debate House Prices
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Comments
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This board is supposed to be about being sensible with your cash. Stories of how people have been careful with their money and are placed to benefit from their commonsense approach to money management are very welcome to me, anyway.
Certainly a lot more welcome than bitter personal barbs.......
Get with the new feeling of Glasnost on this board and contribute something.
"Stories" about how clever people are in predicting a recession (or predicting 5 of the last 2 recessions) and how that are well placed to benefit (and gloating about other peoples recklessness) are about as useful to me as the 'considerably richer than yow' brigade boring on a few years ago about how much their home or second home is worth.US housing: it's not a bubble
Moneyweek, December 20050 -
kennyboy66 wrote: »"Stories" about how clever people are in predicting a recession (or predicting 5 of the last 2 recessions) and how that are well placed to benefit (and gloating about other peoples recklessness) are about as useful to me as the 'considerably richer than yow' brigade boring on a few years ago about how much their home or second home is worth.
Were you even reading the houses board this time last year?
"There is a price crash and a recession coming so be very careful about getting into property" was NOT a popular message.
It was very much a minority view and most of the "I'm gonna be rich from property" brigade were moaning that talk of such should be banned. There was enough outcry that for months, all talk of prices going down and suchlike was banned to a single thread.
Anecdotes of moneysaving and sensible handling of cash are a lot more welcome than a certain brand of confrontation which has become so prevalent here in recent weeks.
You know, I had hoped that there was a new dawn in sensible and polite discourse but it seems some just can't contain themselves. At least in the relatively calmer waters of late it's easier to see who wants to discuss the issues and who just wants to have a go and get some aggression out on an internet board.....--
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.0 -
This very sub-forum was created as a result of bulls constantly moaning at those of us who dirtied their shiny, happy, rose-tinted forum with our talk of the impending crash.
If I had a pound for every "I'm thinking of getting into buy-to-let" threads, I would never have to work again.0 -
I have really only recently arrived on these boards but little old me was saying to family and friends around a year ago that a bust was on it's way as the levels were becoming unsustainable.
I got the same response as others did for my views except with my family and friends and not other posters! Mind you, those people could not understand why I was so interested in what was happening, especially in the housing market as I don't own a house and have no wish to either.We made it! All three boys have graduated, it's been hard work but it shows there is a possibility of a chance of normal (ish) life after a diagnosis (or two) of ASD. It's not been the easiest route but I am so glad I ignored everything and everyone and did my own therapies with them.
Eldests' EDS diagnosis 4.5.10, mine 13.1.11 eekk - now having fun and games as a wheelchair user.0 -
I got the same response as others did for my views except with my family and friends and not other posters! Mind you, those people could not understand why I was so interested in what was happening, especially in the housing market as I don't own a house and have no wish to either.
It actually changed my perception of Joe Public as a whole. I now accept that there are millions of people out there who's political views are a result of what they read in the Daily Express or see on GMTV - nothing more, nothing less. The worrying thing is, these people have the right to vote!0 -
Were you even reading the houses board this time last year?
"There is a price crash and a recession coming so be very careful about getting into property" was NOT a popular message.
It was very much a minority view and most of the "I'm gonna be rich from property" brigade were moaning that talk of such should be banned. There was enough outcry that for months, all talk of prices going down and suchlike was banned to a single thread.
Anecdotes of moneysaving and sensible handling of cash are a lot more welcome than a certain brand of confrontation which has become so prevalent here in recent weeks.
You know, I had hoped that there was a new dawn in sensible and polite discourse but it seems some just can't contain themselves. At least in the relatively calmer waters of late it's easier to see who wants to discuss the issues and who just wants to have a go and get some aggression out on an internet board.....
you seem to miss the irony that the bears seem to me to behaving not much differently from the bulls. Both boasting how "clever" they are & how other poeple who don't or didn't agree with them are either losers or "in denial" (delete where applicable).US housing: it's not a bubble
Moneyweek, December 20050 -
kennyboy66 wrote: »you seem to miss the irony that the bears seem to me to behaving not much differently from the bulls. Both boasting how "clever" they are & how other poeple who don't or didn't agree with them are either losers or "in denial" (delete where applicable).
Perhaps if you didn't take things so personally you'd feel a lot calmer.
IMO anecdotes how saving money makes sense should always be welcome on MSE.--
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.0 -
Dannyboycey
Oh yes I know that one but in a whole different arena of life.
Apparently I am a criminal, a junkie etc all because I lived in social housing. This was all from a view of my then work colleagues who at the time didn't realise that I lived in social housing...when I pointed out that they had virtually accused me of being persona non grata, they quickly backtracked and said "Of course it doesn't apply to you"
There were other similar 'stereotypes' they came up with which caused some quite heated discussions.
Their views were mainly gained from reading their daily paper and believing what they had been told by the government.We made it! All three boys have graduated, it's been hard work but it shows there is a possibility of a chance of normal (ish) life after a diagnosis (or two) of ASD. It's not been the easiest route but I am so glad I ignored everything and everyone and did my own therapies with them.
Eldests' EDS diagnosis 4.5.10, mine 13.1.11 eekk - now having fun and games as a wheelchair user.0 -
Can I submit my blog post calling the top of the economic cycle and the housing market in particular, with inflation and the demise of buy-to-let thrown in, written on 22nd May 2007?
http://beingjdc.livejournal.com/356617.html
I think I linked to it on MSE at the time, but the search doesn't go back that far.Hurrah, now I have more thankings than postings, cheers everyone!0 -
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