Debate House Prices


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PLEASE NO MORE posts callng Kirstie Allsopp names

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  • I never had you down as one of those 'crazy people'.

    then again......

    so how many incredibly stupid people reside in the uk then, dad?

    wanna guess how many fall for the hard sell every time?

    isn't it the mug punters who make the world go around?

    hysterical sarcasm, btw.

    I'm no more crazy than any other contributor to the House Price ghetto board, which obviously means I'm a loony.

    I think there are a lot of stupid people dwell in the UK, but how many of these are influenced by a chubby lady and balding bloke (who find homes for people on a TV show) into spending hundreds of thousands of pounds on a house?

    Well, I'm not so sure but I'm guessing about as many as have starting eating cockroaches, crocodile willies and kangaroo balls after watching 'I'm a celebrity'?

    Durned TV, it has such influence on our lives, especially for those impulse purchases like shoes, dresses and houses.

    Not sure about the 'hysterical' part, but the sarcasm bit is spot on. ;)
    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
  • avinabacca
    avinabacca Posts: 1,062 Forumite
    JonnyBravo wrote: »
    I dont see this mirrored in real life.
    Experts tell us to eat healthily. Result? We're the fattest we've ever been.
    Experts tell us to have safe sex. Result? Spiralling teenage pregnancy and rising STD's.
    Experts tell us to drive safely within the speed limit. Result? Countless people flount the speed limits.

    Correlation's not the same as causation. These outcomes aren't by any means the "results" of experts advising people on issues - but then, I think you already know this :)

    It's important that advice is available to people who need it - problem comes when it's supplied by vested interests, and when people swallow the advice without looking who supplied it, and why they supplied it.

    I have very little sympathy for anyone who didn't do this, didn't thoroughly look into the issues surrounding the purchase of their home and didn't have a "Plan B" in case things went wrong.

    That said, my beef with Kirstie is not that she supplied advice to people which was calculated for her gain - it's that she did this without making clear that she was profiting from it!

    "Independent property guru", my a*se.
    Oh come on, don't be silly.

    It's the internet
    - it's not real!

  • moanymoany
    moanymoany Posts: 2,877 Forumite
    I don't think LLL really encouraged people to buy or influenced much - anymore than 'A Home In The Country'.

    I think that Homes Under The Hammer was much more likely to get people to speculate.

    It is Kirstie herself who positively invites unflattering comments. We all know her dad's an earl, that she must be loaded up with trust fund income unless her ancestors were completely out of step with their lordly friends and relatives. Yet she comes on tele and tells us all how wonderful she is.

    When she and Phil did the 'It's the stamp duty that's doing it ....' speech, I was reminded of when Hughie Green did the 'we should all be more patriotic... Stand Up and Be Counted' speech!

    http://uk.youtube.com/watch?v=qyW7jHjZrrk&feature=related

    It pretty much destroyed his career. At about 1.30 it talks about not borrowing. It is worth listening to if only in disbelief!
  • Pobby
    Pobby Posts: 5,438 Forumite
    I think Krusty and Phil were all part of the same property tv industry. The only one that did get to me was a place in the sun. Oh how I sat there and watched those places in Spain with all their promises and to be honest I think I would have bought if my wife had not talked sanity to me. When they first started we could have got hold of a coastal place out of savings.

    Have to say I am very glad I didn`t.
  • huntersc wrote: »
    Ha! No, I won't.

    That site is full of people with an attitude. The funny thing is they can't see the hypocrisy of it all. They hate people who have made, or have tried to profit from house price increases. What do they all want? To benefit from house price decreases and other people's misfortune. How is one any better than another?

    At the same time, what qualifications do any of them hold? I saw that thread the other week about their jobs and careers. They're all IT people or office temps. Nothing wrong with that but stop talking like you know the financial markets inside out.

    Of course I'm being general calling them lunatics but it's difficult to argue against HPC being some kind of Arkham Asylum :)

    They bore me with their uneducated and uninformed drivel.

    They spout crap about LIBOR, derivatives, RM and all of it is based on what they've read from Peston or on Wiki. I was laughing my socks of at their amateur shorting on HBOS and then moaning that bank failures are runing us all! LOL.

    They're plonkers, the lot of them.
    Bad things:
    1) TV presenters making misguided/unfounded/self-interested predictions
    2) People villifying one individual as representative of everything that was wrong with the most recent boom/recession cycle
    3) People villifying an entire a forum based on the extreme views of certain posters

    Good things:
    1) Common sense (eg as voiced by Vince Cable)
  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    avinabacca wrote: »
    Correlation's not the same as causation. These outcomes aren't by any means the "results" of experts advising people on issues - but then, I think you already know this :)

    Quite so. It clearly works both ways. :cool:
    avinabacca wrote: »
    It's important that advice is available to people who need it - problem comes when it's supplied by vested interests, and when people swallow the advice without looking who supplied it, and why they supplied it.

    I have very little sympathy for anyone who didn't do this, didn't thoroughly look into the issues surrounding the purchase of their home and didn't have a "Plan B" in case things went wrong.

    Couldn't agree more. If only people used the thing that supposedly makes us so different to every other species ie our brain.
    avinabacca wrote: »
    That said, my beef with Kirstie is not that she supplied advice to people which was calculated for her gain - it's that she did this without making clear that she was profiting from it!

    "Independent property guru", my a*se.

    Agree also.


    The only bit I have a problem on is people perceiving it all as advice. Was it ever really advice? Or was it simply a fly on the wall "look what happens to this person" type thing. Clearly it's all linked to whether people think about what they are watching.

    Now it's a different show but the same thing applies to those who embarked on new careers as property developers.
    It is clear one can watch "Property Ladder" and think "Oh, this is telling me to get a house and renovate it" but was it ever really saying that? I don't think so. It was cheap TV dressed up to have a small factual content which made a small number of people think it was advice. It all just seemed too easy for some to believe. Time after time it was highlighted how "the market" saved them and only because of that did they make a profit.


    In short it is often the lack of thought that has led many people to the dire situations they find themselves in. More fool them.
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    huntersc wrote: »
    That site is full of people with an attitude.....etc.....they're plonkers, the lot of them.
    You seem to have an in-depth knowledge of that site. Did something happen there that upset you? Did they pick on poor HunterSC? You're safer here, everyone is so nice and friendly. And you can probably get away with sounding quite knowledgeable for a while.
  • huntersc
    huntersc Posts: 424 Forumite
    mewbie wrote: »
    You seem to have an in-depth knowledge of that site. Did something happen there that upset you? Did they pick on poor HunterSC? You're safer here, everyone is so nice and friendly. And you can probably get away with sounding quite knowledgeable for a while.

    Haha. No, they were not 'mean' to me.I just happen to have enough knowledge to see that they talk drivel. It annoys me. They were talking about swap rates a while ago. 90% of them had little clue about what they were talking about. My colleague worked on the credit desk and after work one day we took a look at what these guys were saying about swaps. It was hilarious. the same with FX and strength of the pound. It's amazing how dangerous a miniscule amount of knowledge can be. They turn a CDS ~900 and spout off about how the world is going to end.

    I feel badly for those that trust their opinions. They turn up at the site and are indoctrinated by these people. It could potentially have lost people a lot of money.

    If I didn't buy the house I purchased in 2005 like many on that site were suggesting I would be many hundreds of K worse off than I am now. Fortunately I have a brain and didn't listen but what about those people who do allow themselves to be influenced by their crap?

    So no, I have not been picked on :) Most of those no hopers would have very little basis to pick on anyone.
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    huntersc wrote: »
    happen to have enough knowledge to see that they talk drivel...talking about swap rates...90% of them had little clue...same with FX and strength of the pound...dangerous a miniscule amount of knowledge can be...turn a CDS ~900 and spout off... feel badly for those that trust their opinions...turn up at the site and are indoctrinated by these people...could potentially have lost people a lot of money...what about those people who do allow themselves to be influenced by their crap?
    Oh. But from my viewpoint of a three times Mensa reject (God how I tried to get in), perennial last in the class loser, and slightly short of a full set - they seemed to be the most glittering, handsome and knowledgeable people I had ever been allowed to mix with. That's why I felt I had to leave - before they found me out for the charlatan I was (my handle was SexyandQuiteYoungJim). I ended up here, safe amongst another load of misfit losers.

    er. No offence meant anybody! A joke, sort of.
  • huntersc
    huntersc Posts: 424 Forumite
    :):):):)
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