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Debate House Prices


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wow! It's too quiet in here today!!!

135

Comments

  • mircea
    mircea Posts: 139 Forumite
    drbeat wrote: »
    Where are the usual suspects I wonder? Since the Lehmans announcement I expected to see comments like:

    It's just a blip.
    Green Shoots.
    Light at the end of the Credit Crunch tunnel.
    Mortgage rates at 4.99%.
    Things will be back to normal by 2009.
    You've missed the 'housing' boat.
    Things are ok at the docks.
    My BTL Mondeo hasn't been affected.
    A home isn't an home; it's an investment.
    Things can only get better.
    Crisis? What crisis?.
    Well Farmer Piles next door to me has sold his land to new build developers.
    This can't go on forever. You'll see. House prices will be triple what they are now in spring 2009.

    Where are they all? One thing is for sure though: IT IS different this time!

    A question for you and all the other idiots on this board who rejoice in the house prices crash and implicitly the crash of the whole UK economy. Once you bought a property, would you still wish for prices to drop? Would you still wish for your hard earned 10% deposit that people on here hail as holy grail, to vanish away in 2 weeks only to find yourself in negative equity?
  • drbeat
    drbeat Posts: 627 Forumite
    mircea wrote: »
    A question for you and all the other idiots on this board who rejoice in the house prices crash and implicitly the crash of the whole UK economy. Once you bought a property, would you still wish for prices to drop? Would you still wish for your hard earned 10% deposit that people on here hail as holy grail, to vanish away in 2 weeks only to find yourself in negative equity?

    Oh look...they're back. Didn't last too long did it?

    Looks like you're the 'idiot' that had your deposit vanish away in 2 weeks then?

    Mine's still earning interest dipsh1t!
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    drbeat wrote: »
    Oh look...they're back. Didn't last too long did it?

    Looks like you're the 'idiot' that had your deposit vanish away in 2 weeks then?

    Mine's still earning interest dipsh1t!

    Wey hey..... some cannon fodder:rotfl:. I thought the Lehmans would have had them lying low for a few days.
  • I for one am in shock...I kid you not it took me all my time this morning not to rush out to the supermarket and buy enough tinned food and dried potato to last a couple of years...It can't just be me who feels like this..can it ???.

    A x
    Don't believe everything you think.

    Blessed are the cracked...for they are the ones who let in the light. A x
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    mircea wrote: »
    A question for you and all the other idiots on this board who rejoice in the house prices crash and implicitly the crash of the whole UK economy. Once you bought a property, would you still wish for prices to drop? Would you still wish for your hard earned 10% deposit that people on here hail as holy grail, to vanish away in 2 weeks only to find yourself in negative equity?

    We have been over this in another thread, the answer is yes i would still want the market to go down, HPI helps no one. If you dont believe me take a look around.

    Do you have children?, do you want them to be able to afford a house without working 25 hours a day ?
  • Zammo
    Zammo Posts: 724 Forumite
    mircea wrote: »
    A question for you and all the other idiots on this board who rejoice in the house prices crash and implicitly the crash of the whole UK economy. Once you bought a property, would you still wish for prices to drop? Would you still wish for your hard earned 10% deposit that people on here hail as holy grail, to vanish away in 2 weeks only to find yourself in negative equity?

    You're right, if I had just bought a house and I had seen my deposit dissapear I would not be wishing for prices to drop.

    I would however, be a complete idiot.
  • drbeat
    drbeat Posts: 627 Forumite
    chucky wrote: »
    you didn't seem to answer the question...

    I didn't 'seem'? I didn't answer the question(s) full stop! There was no 'seem'? That suggests I made an ambiguous response. A question that starts with an insult is not a question that I will answer!

    So do one!
  • Heyman_2
    Heyman_2 Posts: 1,819 Forumite
    Besides some gloating and general smugness, is there actually a point to this thread?
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    chucky wrote: »
    i'll ask the question without the insult then...

    A question for you and the other people on this board who rejoice in the house prices crash and implicitly the crash of the whole UK economy. Once you bought a property, would you still wish for prices to drop? Would you still wish for your hard earned 10% deposit that people on here hail as holy grail, to vanish away in 2 weeks only to find yourself in negative equity?

    I answered the question chucky, just to add I wouldnt buy at this time as its obvious which way prices are going, however if I HAD to buy because of a personal situation then thats ok, I don't see my house as a cash cow or something that I can brag about its worth.

    I see it has a home that I have to pay for over a long period of time, if I lost money with my eyes open then so be it, I wouldn't be coming onto a forum to cry about it.
  • Heyman wrote: »
    Besides some gloating and general smugness, is there actually a point to this thread?

    I agree... this is probably an 'I told you so' thread, but I dare say its justified in view of the fact that the argument is a compelling one, and while I think some of the comments expressed about DD were OTT, on the whole, this thread, while hardly value adding, deserves to be humoured IMHO.

    Rest assured that if in a week's time, there is some major positive development in the housing market, we will have a similar thread from the bull regiment.
    It's always the grass that suffers, irrespective of whether the elephants are fighting or making love !!!
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