Six reasons to be optimistic

HammersFan

Mortgage rates look like being a lot lower next year (anything tied to BoE +1% will be nice - less than 5% - there might even be fixes < 5% too) - this will make people feel better off, and the issue of huge swathes of people being stuck on high rates won't, IMO be as big a problems as people were predicting only a little while ago.

chucky

phil_b wrote: »

It's pretty annoying, but thankfully they are a tiny minority in society as a whole.

and it seems that they all manage to be on this board...

HammersFan

phil_b wrote: »

I find that this crisis period is really bringing all the depressing folk out of the woodwork, they are thriving. They are bitter and miserable and revel in the fact that others are brought down to the same level thus champion the bad times such as these

It's pretty annoying, but thankfully they are a tiny minority in society as a whole.

Very true. But not a tiny minority on here. My goodness there are some people getting really miserable about stuff that has a tiny impact upon them as individuals. I think its indicative of there being part of society that revels in other people's misfortune because it makes them feel less bad about their own inadequacies and poor choices.

tonytsdiver

Now is a great time to visit Iceland ! With the value of the Krona down by 50 % a weekend in Reykavik is now affordable.Bargains galore when you get there !

I'll get me coat.

chucky

HammersFan wrote: »

Very true. But not a tiny minority on here. My goodness there are some people getting really miserable about stuff that has a tiny impact upon them as individuals. I think its indicative of there being part of society that revels in other people's misfortune because it makes them feel less bad about their own inadequacies and poor choices.

I also think that it is indicative of these people that they have 'issues' with society due to their own mistakes and also misfortunes and blame BTLers, bankers etc instead of looking at themselves.

this forum does not require the social skills that are required that they probably are missing, it is also a a good release for them to be fair.

michaels

I never ment to upset anyone, it was just a slightly tongue in cheek response to the OP . I sold my BTL August 07, the money is safely in the bank (several banks, none of them Icelandic) and my dream of buying a bigger place for my family is getting closer by the day. My job looks secure and I have a beautiful wife, two pretty daughters and a baby on the way.

Sorry if I sound bitter. I don't think it is all doom and gloom, I'm not sure how deep the real recession will be, not as bad as the media coverage portrays things I am sure. I think there is a small possibility of systemic failure leading to social disruption but hopefully the govt do have the necessary tools to mitigate this if it does occur.

Edit: Before I am condemned as a misery bringing, greedy BTL landlord; the property was my wife's house from before we were married that she decided to rent out after we got married rather than selling straight away.

hethmar

Six reasons to be optimistic

And heres another one :

The likelihood of getting stuck in a lift with all the doom mongers on here is less than that of being killed by a lightning strike - woo hoo!:j

chucky

michaels wrote: »

I never ment to upset anyone, it was just a slightly tongue in cheek response to the OP . I sold my BTL August 07, the money is safely in the bank (several banks, none of them Icelandic) and my dream of buying a bigger place for my family is getting closer by the day. My job looks secure and I have a beautiful wife, two pretty daughters and a baby on the way.

Sorry if I sound bitter. I don't think it is all doom and gloom, I'm not sure how deep the real recession will be, not as bad as the media coverage portrays things I am sure. I think there is a small possibility of systemic failure leading to social disruption but hopefully the govt do have the necessary tools to mitigate this if it does occur.

i don't think that you've done anything wrong, please don't be sorry.

you've done the best for your family - many believe that a BTLer are lowest of the low and parasites apparantly and should be burned at the stake. those times have changed fortunately.

treliac

phil_b wrote: »

I find that this crisis period is really bringing all the depressing folk out of the woodwork, they are thriving. They are bitter and miserable and revel in the fact that others are brought down to the same level thus champion the bad times such as these

It's pretty annoying, but thankfully they are a tiny minority in society as a whole.

Think it's more about people enjoying a harmless hobby. A bit like a group of elderly gentlemen (you see them more on the continent, where they've got the weather) sitting chatting and putting the world to rights.

hethmar

Hmm, but too many on here want to put the world to wrong treliac. We should be counting our blessings compared with so many other countries.