Where Are They Now?

geoffky

remember this one.....when there was 1 million for sale on right move!!!!!!!!



The truth is there is a shortage of housing in this country and they can't build them fast enough.:rotfl::rotfl::rotfl::rotfl:

Snooze

I want to know who 'mewbie' used to be. I can just tell he's an old member from the way he posts. :cool:

Rob

skap7309

Completely off topic here but HelpWhereICan - I have been awake for less than half an hour and your avatar nearly put me into some kind of trance lol. :cool::o Like watching a swinging clock.

Dithering_Dad

The problem I have the the "I saw it coming" braggards is that they apparently saw 'it' coming, but didn't really seem to do any about 'it', except continue to not be able to afford to buy a house.

I also 'saw it coming' but didn't feel the need to drive the message down people's throats (people will either listen to warnings or they won't - no use becoming a crank and have people start avoiding you) nor do I feel the need to do a big 'I told you so' either.

I simply put myself in the position to ride out any downturn in the economy and housing market. I took my pension out of equities and into cash funds, I paid off every bit of credit I had (including a 0% sofa loan), I built up an emergency fund that was originally covered 6 months outgoings but now covers 12 months and I then started to overpay my mortgage by a significant amount. I also encouraged others to do this, both on here and in 'real' life.

I think it says a lot about people's characters if they felt the need to brag about their equity and if they need to scoff at people's current difficulties. I've done neither, I have simply gotten on with my life and protected my family the best I could. I also believe that I'm not alone in this. I think there isa silent majority of people, who also 'saw it coming', but instead of arguing with internet strangers about it, quietly got on with preparing themselves.

the_ash_and_the_oak

Continued to not be able to afford a house is still doing something about it (as many that couldn't afford to borrowed and did anyway)

I....

1)continued to not be able to reasonably afford (entirety of bubble given I was in uni when it started anyway)
2)moved savings out of sterling and into a combination of gold, yen, cad (and more recently nok) (late 07 onwards)
3)helped my grandparents to sell up and rent (33 months too early)
4)failed to help parents to sell up and rent (3 months too late which has now become 17 months too late)

Regardless of whether those who predicted it (as far back as 2002 or whenever) did anything about it themselves for me their words were useful all the same. I have happy and relieved grandparents, regretful parents, and my course of action for myself is neutral and would be the same regardless of direction of prices. They were simply too expensive and remain so. It is cheaper to rent and put money elsewhere, whether prices came down or not (in a way I would have liked continuing price rises and static rents - for a while it meant everybody was happy)

At the end of the day if you put your money where your mouth is I don't think there can be much cause for complaint.

the_ash_and_the_oak

But what has happened is now not so important. The only predictions of any interest are the ones of the future. In my case - foreign exchange and sterling. What was a no brainer (sterling to yen) 12 months ago seems not as clear now given the declines that have already taken place. This is where the debate/interest is for me

iolanthe07

There was one here quite recently called 'horseshitman' or something like that. He got it completely wrong, advising everyone to buy when the market has nowhere reached bottom. He keeps a low profile now, or maybe has changed his sig.

Max_Headroom_3

mystic_trev wrote: »

........you should have seen some of the names I was being called three years ago, when I suggested there would be a Crash.

Of course then all I got was, it's different this time, new paradigm etc etc, blah, blah. .

They're not building any more land you know!! :rotfl:

Dithering_Dad

iolanthe07 wrote: »

There was one here quite recently called 'horseshitman' or something like that. He got it completely wrong, advising everyone to buy when the market has nowhere reached bottom. He keeps a low profile now, or maybe has changed his sig.

I think he was either deleted or had his posting priviledges removed. I tended to think that he was one of the regulars using an anonymous user id to indulge in a bit of trolling. Bit lame considering that usual current user id is also anonymous and all they are doing is creating an anonymous user ID to ensure that they do not sully the fine name of their regular anonymous user.

It's all rather sad.

Kenny4315

I haven't heard much from they HP boom brigade for a good while now, 3 years ago when I said prices where boiling over they thought I was crazy to suggest (at the time, I cashed in shares in April 2007) shares were at better prospect. One of the said posters does post on MSE, but suprisingly has not returned to the house price forum to eat humble pie.