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Debate House Prices


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Property will stay in the doldrums

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Comments

  • SingleSue
    SingleSue Posts: 11,718 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Agree with you about the one that is reduced in half Pickles...except they didn't pick up on the pricing error for several months! Must admit when I first saw it and the price, it was one of those tea spitting over the keyboard moments. :rotfl:
    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.
  • dervish wrote: »
    Personally I feel you are lucky to escape a ban for those vile, unwarranted personal attacks on other members here.
    Regarding censorship, allowances are made for chucky on this site because he's special - special needs to be precise. :T
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    napoleon wrote: »
    Regarding censorship, allowances are made for chucky on this site because he's special - special needs to be precise. :T

    hey Dervish - i know you get offended easy but while you're reporting the other abuse can you do Napoleons post too?

    i won't be - i find him funny!! :rotfl: :rotfl:
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    dervish wrote: »
    possibly the horriblest post i have ever read onthis site!

    please apologise.

    You don't come here often enough then.
  • I tell you what that would be a nightmare if you had bought a 500,000 pound house in the last year, infact if you bought one 12 months, its dropped about 75000 pounds.:undecided

    So the price now should be 425,000 pound and if it continues to fall at 2.2% each month for the next 12, that 500,000 pound house, will be worth about 300,000 pound.:eek:

    I reckon there going too fall even more, because if you go back 12 months it was not has bad as it is now, im just going to keep on saving.

    I think as long as you have got a decent deposit and a regular income you should be able to get a mortgage.

    No ones buying has everyone can see the prices collapsing, you would have to be a idiot to buy today.

    im just waiting for these bargains, at the rates the houses are falling i could be getting a house that was worth 500,000 pound in 2007 for 165000 pound:o

    fingers crossed hey;)

    Things

    In yer dreams, TWERP!:rotfl: :rotfl:

    Besides, there's a lot of people out there with wads of cash.......any bargains to be had will be snapped up before people like you even get a look in!:p You are VERY naive!!!:rotfl:

    Anyway, it doesn't make any difference to me, personally, how much property prices fall - or eventually rise - I own my house OUTRIGHT - so it makes no odds to me!:p

    If my house drops in price - so does everyone ele's. Likewise, when my property goes up in price - so do everyone else's. So what?
  • How old are you pp?

    Are you Male or Female?

    How did you manage to pay off your mortgage, was it regular overpayments or lump sums?

    How long did it take you?
    Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
    [strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!! :)
    ● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
    ● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
    Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.73
  • MrDT
    MrDT Posts: 951 Forumite
    How old are you pp?

    Are you Male or Female?

    How did you manage to pay off your mortgage, was it regular overpayments or lump sums?

    How long did it take you?

    She got herself a sugardaddy. Not really her house as such.
  • robin_banks
    robin_banks Posts: 15,778 Forumite
    Part of the Furniture Combo Breaker
    If pp does own her house outright and I've seen an idle boast that it's worth £500k (lets be generous and say that's what it's worth now) then

    she is £136.99 worse off every day
    or £5.71 an hour
    or 9.5p an minute

    This based on a conservative estimate of a 10 % fall continuing for the next 12 months.
    "An arrogant and self-righteous Guardian reading tvv@t".

    !!!!!! is all that about?
  • MrDT wrote: »
    She got herself a sugardaddy. Not really her house as such.

    I had seen that rumoured on the forum for a while, but thought I'd ask the question. Hopefully pp with respond and let us in on any mortgage overpayment secrets s/he has. I could do with some, my mortgage free challenge is stalling a bit now.
    If pp does own her house outright and I've seen an idle boast that it's worth £500k (lets be generous and say that's what it's worth now) then

    she is £136.99 worse off every day
    or £5.71 an hour
    or 9.5p an minute

    This based on a conservative estimate of a 10 % fall continuing for the next 12 months.

    If home owners are not 'better off' when a market rises, how can they be 'worse off' when the market falls?

    Surely, the price of anything you own is immaterial until you come to sell it?
    Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
    [strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!! :)
    ● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
    ● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
    Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.73

  • Besides, there's a lot of people out there with wads of cash......?
    Somehow I doubt that you're one of them!!
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