Debate House Prices


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Some of you are vultures

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  • neas
    neas Posts: 3,801 Forumite
    yet you have over 13k of unesecured debt oO
  • stevetodd
    stevetodd Posts: 1,016 Forumite
    sarkin wrote: »
    And this is what renters have to put up with

    http://forums.moneysavingexpert.com/showthread.html?t=1357019

    the guy is late with the rent and 1 month in arrears

    Homeowners get protected because its not fair they are stupid and miss 3 or 4 months and then the nice man at the courts says they can stay if they pay off the debt.

    vultures ha

    Errr No! that is what LL's have to put up with! It's the LL who is not being paid by the tenant! An ex-tenant of mine strung me along from June 2006, stupidly I kept giving her the benefit of the doubt and I didn't issue court proceedings until Feb 2008. I would never go through that again.
  • neas
    neas Posts: 3,801 Forumite
    i can say i am a heartless b astard to be honest. I am just that way to be honest.I care more about my family than others.... sue me im sorry, but this is my basic instinct... protect and provide for my family...
    If that means other familys have to get turfed out of their home.. so i can make a life for my family then so be it... I intend to buy a repossesion and will not have any remorse ;).
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    So you are bad but they are worse, somehow makes your attitude acceptable?

    How you view them, is how we view you. There is no difference.


    Ok, lets put some meat on the bones, what were you doing, how were you feeling in 2006, as regards to property ?

    Edit. He seems to have gone off line, I'm very much looking forward to the reply of the above question, I suspect I already know, and guess most others on this forum also know.:rolleyes:
  • Gwhiz
    Gwhiz Posts: 2,322 Forumite
    Part of the Furniture Combo Breaker
    If you overstretched yourself with no thought for the future then you're fooked and you only have yourself to blame if you now have to sell.

    If you tried to live within your means but now cannot keep your house due to unemployment then I feel incredibly sorry for you.

    The politics of jealousy is a very ugly thing - keep to facts rather than talking all this crap about this place being full of heartless BTL millionaire vultures!!!.

    I sold at peak about 8 months ago and am now renting. I'm going to buy a plot and build. I'll get it for a great price hopefully. Am I a vulture - no! I'm a normal bloke, on a normal salary, who will benefit from the fall in prices.

    Nothing more, nothing less. Simple really!
  • Kez100
    Kez100 Posts: 2,236 Forumite
    tesuhoha wrote: »
    I am shocked at the way a lot of you are laughing and rubbing your hands with glee at the house price crashes. Don't you realise that there are a lot of ordinary people who have lost everything? For you to be able to buy a repossession means financial ruin for some other unfortunate person and they have lost everything including their home through the sheer bad luck of trying to buy at the wrong time.

    This person no doubt paid more for their house than the knock down price that you will pay so why do you deserve to have it rather than them? You are profiting off the back of other people's misfortune. You are trying to make out that everyone who has bought in the past is full of greed and is trying to price first time buyers out of the market. This is not true. There are many ordinary people who have struggled with mortgages for years.

    This all gives me the uncomfortable feeling that there is going to be a hpc bloodbath in the next few months. Don't get me wrong I feel sorry for first time buyers but there seems to be a lot of opportunistic greed on this forum.

    I want a house crash and I am anything but a vulture.

    I very much regret we are in recession. It hurts and I hate that effect it has on peoples lives. So long as I have enough to live sensibly on, I don't care about money; I never have. I would prefer that things were stable for all and if I have to pay that price through taxes that's fine. I hate to see poverty while others bath in champagne.

    However, I do cry out for a HPC. Because it was not sustainable. Loads of people were on the 'money making' greed bandwagon and taht was causing silly rises. It was clear it had to stop. I thought it would have stopped in 2002. It was also clear to me that the higher they went the worse the falls would be because once things stopped (as they did) the equilibrium for the market (i.e FTBs) was so far out of reach it was going to hurt.

    If we want stability of any sort we have to return to an equilibrium.

    I still dislike seeing people hurt but we all have good and bad decisions in life. They are our own decisions and we have to live with them (yes, I have had negative equity too). What I pleased about is the Governments actions to help those in that situation so hopefully they do not fall into poverty all lose all to the next set of greedy vultures.
  • sarkin
    sarkin Posts: 785 Forumite
    stevetodd wrote: »
    Errr No! that is what LL's have to put up with! It's the LL who is not being paid by the tenant! An ex-tenant of mine strung me along from June 2006, stupidly I kept giving her the benefit of the doubt and I didn't issue court proceedings until Feb 2008. I would never go through that again.

    There is a diffrence between 1 month late and being strung along which you have failed to see.. The guy is 1 month late comming up to xmas and they want to sling him out. The banks would not even conside this but landlords its ok. Amateaur vultures
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    ad9898 wrote: »
    Ok, lets put some meat on the bones
    Take some meat off the bones surely?
  • stevetodd
    stevetodd Posts: 1,016 Forumite
    sarkin wrote: »
    There is a diffrence between 1 month late and being strung along which you have failed to see.. The guy is 1 month late comming up to xmas and they want to sling him out. The banks would not even conside this but landlords its ok. Amateaur vultures

    No it is you who failed to see! read that post you referred to again, in fact here it is:
    If a tenant who has been a month in arrears for the last few months
    He has owed for quite a while, one of my tenants is in arrears, but he explained to me in advance that he was going to have problems as he had to go back to New Zealand (so was not working for 2 months) so I cut him some slack. He is back now and only half a month behind which he anticipates catching up in Jan. He actually offered to pay all hsi arrears in Dec but I told him to keep something back for xmas.

    The LL doesn't want to 'sling him out' he just wants the tenant to pay the rent as agreed
  • neas wrote: »
    i can say i am a heartless b astard to be honest. I am just that way to be honest.I care more about my family than others.... sue me im sorry, but this is my basic instinct... protect and provide for my family...
    If that means other familys have to get turfed out of their home.. so i can make a life for my family then so be it... I intend to buy a repossesion and will not have any remorse ;).

    Don't worry plenty of us had noticed. I hope you don't lose your job;) Or anyone in your family;)
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