Home sales rise by 5.4% last month!

hethmar

Yes true pink - I mean that flat in Colwyn Bay, supposedly dropped 88% in a year but no facts to back it up - in fact it looked to me like a large house had been bought to split into bedsits and flats and then the builders gone bust or decided to cut his losses by selling now without actually doingg the work. Even the photo used shows all the building equipment left outside. How on earth they said it was SOLD for a price a year ago I dont know. More like, the builder had that price in mind a year ago!

pawpurrs

Any one got the linky to that flat in Colwyn bay?

hethmar

Erm, look for the heading 88% fall or something on this board.

skap7309

pickledpink wrote: »

The problem with a lot of people is they are greedy and will continue to hold back until they miss the next boat again. Just like all those who did in the 80s and 90s.:money:

Speechless. Honestly lost for words here. People wanting lower prices for something are greedy??? :eek:

Is this a joke or do you have a terrible sense of humor?

greed: insatiable desire for wealth (personified as one of the deadly sins)

greed: a selfish and excessive desire for more of something (as money) than is needed

Greed: having or showing a selfish desire for wealth and possessions.


Pickled......is your head in the sand with what is going on around you? :rolleyes:

ad9898_3

hethmar wrote: »

Not arguing that Cat, just pointing out that its isnt true that "the lower prices fall, the better for every one"

Forget all the economic reasons for price falls being a good thing (of which their are many). Do you have children ? , I myself would rather my daughter not be working 8 days a week to service a mortgage on a shoebox, while someone who was no more intelligent than her but was just born before sells to downsize in their retirement.

These people want to 'mortgage the children and grandchildren' of today, so they can live it up. Not good in my opinion.

ad9898_3

skap7309 wrote: »

Speechless. Honestly lost for words here. People wanting lower prices for something are greedy??? :eek:

Is this a joke or do you have a terrible sense of humor?

greed: insatiable desire for wealth (personified as one of the deadly sins)

greed: a selfish and excessive desire for more of something (as money) than is needed

Greed: having or showing a selfish desire for wealth and possessions.


Pickled......is your head in the sand with what is going on around you? :rolleyes:

Skap, this is very good post and just shows how perverse society has become that someone could come out and say lower prices are for the greedy. I too am speechless, is there any hope ?

Happy_saver_4

I agree, it will be great if prices really do drop a lot more.

I 'll then again buy about another 20 houses, wait for the prices to go up again; which eventually they will! Then make some more huge profits by selling again. In the meantime I'll have a good rent roll. Rental prices aren't dropping that much which will obviously create a better return on my invested monies :rotfl:

Sounds like a good future again if you've got a bit of money.

North_Sea_Bubble

pickledpink wrote: »

Well at least someone has some foresight on here and is clued up!!

The problem with a lot of people is they are greedy and will continue to hold back until they miss the next boat again. Just like all those who did in the 80s and 90s.:money:

Is this sarcasm ?

ad9898_3

pickledpink wrote: »

Well at least someone has some foresight on here and is clued up!!

The problem with a lot of people is they are greedy and will continue to hold back until they miss the next boat again. Just like all those who did in the 80s and 90s.:money:

Miss the boat again ??,in the 90's there was a window of opportunity of over 4 years !!, thats how long the trough was last time, we aren't anywhere near the start of the trough yet, are you on glue ?

hethmar

ad9898 wrote: »

Forget all the economic reasons for price falls being a good thing (of which their are many). Do you have children ? , I myself would rather my daughter not be working 8 days a week to service a mortgage on a shoebox, while someone who was no more intelligent than her but was just born before sells to downsize in their retirement.

These people want to 'mortgage the children and grandchildren' of today, so they can live it up. Not good in my opinion.

Well, I was speaking abstractly, but as it happens I do have kids and those kids have been set up by us working 9 (if you daughter can do 8!) days a week, and up to 16 hours a day for most of our working lives in our own small business, not having holidays and rarely having nights out (so hardly living it up). Its now, what 9.30 p.m. and my OH who left here at 6.30 a.m. isnt even home yet and he worked the whole weekend too.

So I dont think I should feel guilty about the older generation deserving a retirement not fraught with money worries, which my dear parents suffered.