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Debate House Prices
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Some of you are vultures
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'ad9898' if you read my previous posts, you may understand my theory, I am not struggling with my mortgage, i just want to move to get away from my intolerable council housed neighbours. I can't however, as prices have crumbled, therefore, can't sell my house for the amount that I need to allow me to move...and before you question my house price...it is already £10k under what its valued at.
I dont want to 'climb the housing ladder', i just want a house that I can live peacefully in for the rest of my life, however, the way things have turned out, that will never happen. I got the impression from the quote on the post you referred to was that the older generation won due to house price increases, the future generation will win with the crumbling house prices, and the ones in the middle who purchased on 'proffessional' advice must just have to grin and bear it.
I am frustrated not at the state of the market...but at the fact I cannot see a peaceful life for myself due to the fact i will never be able to sell my house.0 -
I'm not tarring you with the same brush, thats why I said some people. I cannot blame you for taking advantage of the situation. This is not clear cut. I just wanted to remind people of the misery out there because there are some or maybe I should say a few, who have gloated. I've been reading a lot of posts in the last few months and I just felt I had to say something. Sorry if I upset you. I did not mean to. Good luck.
thanks, i did notice you said "some" in your original post which showed you thought it through before you wrote it - many would just have put "you are vultures!" without thinking and then got pages and pages of abuse! but some of the responders do seem to think we are all the same :-(
i think most of the responses on here now are to those trolls / "strongly disagreeing" posters now rather than to your original post!
btw don't worry, you didn't upset me, I know from reading your other posts on other boards over the last few years you are a very nice person. I know me and my oh are a lot luckier than many when you look at the country as a whole at the moment (main thing is both our jobs are pretty recession proof), and we definitely count our blessings, especially at this time of year. :rudolf:0 -
WISHIWASRICH wrote: »That's real low dear, digging through my past posts. But just about what you'd expect of someone on this board. Have you nothing better to do with your life, love? Trashy.
NDG has a point - a strong one at that. :rolleyes:0 -
What I think is terribly sad is that there always has to be a loser. Please don't get me wrong, I have been concerned about the rising prices and the young people unable to buy for a long time. There have been some who have profited from house price increases and who have made money. I'm not talking about them. I'm just talking about people who have paid the going rate, that is their crime I suppose. You can call it stupidity if you like but I feel sorry for them.
There is nothing wrong with renting but the people that are going to profit from this with lower house prices, they obviously don't think renting is the ideal or they would carry on renting.
Unfortunately in a capitalist society, equilibrium doesn't exist, there are always winners and losers. maybe in this day and age, some good bedtime reading would be The Communist Manifesto, written by Marx.0 -
What I think is terribly sad is that there always has to be a loser. Please don't get me wrong, I have been concerned about the rising prices and the young people unable to buy for a long time. There have been some who have profited from house price increases and who have made money. I'm not talking about them. I'm just talking about people who have paid the going rate, that is their crime I suppose. You can call it stupidity if you like but I feel sorry for them.
There is nothing wrong with renting but the people that are going to profit from this with lower house prices, they obviously don't think renting is the ideal or they would carry on renting.
I couldn't agree more - where I disagree with you is that you think the tragedy is that house prices are falling. I think the real tragedy is that prices were allowed to rise to the levels they did.
If prices had remained stable and tied to historical income multiples - Gordon's mythical 'no more boom and bust' - then we would never have got into this position. People who wanted to buy would still have bought, but at much more affordable rates, people like me who didn't buy as we felt prices were unaffordable would also have been able to buy, and our economy wouldn't now be in the awful mess it's in.
True, some BTL landlords wouldn't have been able to make fortunes, and others wouldn't have had a decade of MEWing to buy fast cars and foreign holidays; but would we as a society have been that much worse off as a result?
I don't think so.0 -
I disagree. I think his problems are caused by the HPC. Now that he has recovered he can't get another job because there arent any jobs for gas fitters. In normal times he would get another job. The reason that there are no jobs for gas fitters is because practically all new building has stopped because of the HPC and nobody buying houses, so the workplace is now flooded with out of work plumbers, gas fitters and workers from all the other trades. I know this because my husband is a plumber and was recently laid off and was shocked at how few jobs there are.
Let's take it a step further, and blame the NICE decade and HPI for his problems.
If prices hadn't rocketted so uncontrollably there wouldn't have been so much building work in the past few years, we wouldn't have seen all those extra people training as sparkies and brickies etc to cash in, there'd be no house price crash, and he'd not be out of work. Everything would be steady.
People can always twist things in such a way that the 'big bad evil <whatever>' that they hate is seen as the root of all their problems0 -
NDG has never appeared callous to me in the hundreds of posts I have read. An even keel sort of person with no obvious axe to grind, one of the favourites on the board. Suggest strongly that you leave well alone.
Idle threats from the keyboard warrior,i refered to what she had raked up about the other poster.
Crawl back under your stone.Official MR B fan club,dont go............................0 -
I've obviously caused some upset and I apologise to those people.
in case it got lost in my other post - i don't think it is your original post which has caused the upset but the subsequent more aggressive / winding up / trolling posts and also a few personal posts which have got the heart rates up. without those I think it was headed to be a fairly heated but constructive debate!0 -
Unfortunately in a capitalist society, equilibrium doesn't exist, there are always winners and losers. maybe in this day and age, some good bedtime reading would be The Communist Manifesto, written by Marx.
Tried to get through that a long time ago and didn't manage it then. :rolleyes:The forest would be very silent if no birds sang except for the birds that sang the best0
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