Where Are They Now?

WTF?_2

mitchaa wrote: »

I love this quote, how can you prove that you have saved 70k?

Have you just taken the average of 19% drops that we have seen from peak and worked that into your figures:rotfl:

What if your area has only fallen by 5%, and the street that you were interested in buying in hasn't moved an inch? How will you have saved bearing in mind to take your rental into consideration?

I think some people get far too carried away with it all;)

I can't speak for Geoff but a looks in the windows of a couple of estate agents round my way whenever I pass them shows me quite clearly how much prices have fallen in my locality in the last couple of years. I have observed a clear difference of 60k in similar 'SOLD' properies on my street since early 2007.

brasso

Cleaver wrote: »

And that lovely, warm, gooey feeling of an anonymous, smug, victory over a complete stranger.

Talk of victory or defeat is silly. These aren't one-off, final events, but part of a continuum.

My view all along, and I think that of most people, is that of course there was going to be a slump. It's what happens. The housing market, and the economy generally, is cyclical. It rises and falls. The people who lost out in the round just finished were those who bought for the first time in the last year or two -- particularly if they bought urban new build properties. Many other people did extremely well out of the property boom, and will do so again when it comes around again.

If you go to sites like housepricecrash, you'll see that people were STR-ing from 2001 onwards, after 9/11. People who were able to buy, but refused to buy, from 2001 through about 2004 or even 2005 have not been "proved right" at all. They were wrong because they preached the imminence of the downturn, and lost out. Not only did their vehemence about a crash prevent them from buying their own home, but they've spent the last 5 years or more paying off someone else's mortgage for them.

As for being right about a slump in the housing market, that's a bit like being right about a prediction that it's going to rain. Of course it's going to rain, but while the doomsayers spent years sweltering in their waterproofs, many of us decided to enjoy the sunshine while it lasted.

Here's a prediction for you -- there will be a housing boom. When? No idea. But it will happen sometime, and then at some unspecified time after that, there will be a crash. No idea when either. And while we're at it, the stock market will enjoy a spectacular rise, followed by a crash, followed by a.... but you get the picture.

You see, it's quite easy to be an expert visionary if you don't specify a time.

Really2

!!!!!!? wrote: »

I didn't say anything about it being particularly good or bad.

I merely pointed out that lots of people will continue to buy/sell houses irrespective of market conditions and whether or not it's a particularly good market for sellers.

The core market is powered by people who find changes in personal circumstance compelling them to move or sell up. The notion which you have put forward that the market will be restricted mostly to repos because prices aren't as high as the peak and potential sellers will therefore hold out is absurd.

Oh why have you taken to lies !!!!!!?

I said repos will be the driving force (lowering prices) this year as people who did not need to sell withdrew from the market.
That would leave a market of prodominantly forced and repos. (I even explained what forced was to you)

Really2 wrote: »

I have said due to the market condition, poor credit, Repos, insecurity, costs, recession etc etc etc. (this makes it a very bad time to sell anything even worse for a house as the taxes and costs of moving are so high)

Death, Divorce, loss of Job, Moving for new Job, Repo = FORCED SELLERS (unless people do those for fun?)

StevieJ

chucky wrote: »

busted... you've only been a member since August 2007 - now you've confirmed it, what was your old user name or do you still use it. :T

What a great shout :eek:

chucky

brasso wrote: »

You see, it's quite easy to be an expert visionary if you don't specify a time.

yes - and quite a few have contributed to this thread!!!

StevieJ

chucky wrote: »

yes - and quite a few have contributed to this thread!!!

Maybe his old name was Nostradamus

WTF?_2

Really2 wrote: »

Oh why have you taken to lies !!!!!!?

I said repos will be the driving force (lowering prices) this year as people who did not need to sell withdrew from the market.
That would leave a market of prodominantly forced and repos. (I even explained what forced was to you)

What you have now decided to redefine as 'Forced' sellers - people who move because of circumstance - have always been the core of the market which I was pointing out to you from almost my very first post on the topic. You started off by saying noone would be selling apart from repos.

Maybe if you could actually have a reasoned discussion instead of turning on the huge fonts , throwing personal insults and obsessively dragging the subject across to pollute other threads you might realise that.

Lotus-eater

mewbie wrote: »

Right this is becoming a bit of a pain. I have just checked through dolce vita's posts to try to see where you're coming from. Yes he/she sounds a bit like me, in some ways - wordy, up @ss, bit c0cksure. The only 'proof' I can be bothered to present you is this post

http://forums.moneysavingexpert.com/showthread.html?p=8007841#post8007841

where he/she spells development incorrectly. A mistake I would not and have not made. These are the tiny 'tells' that can distinguish one poster from another.

Thanks to NDG for answering the Nelly accusation.

I will stick to my story which is that I am simply plain old mewbie, joined July, started as a troll bored with HPC simply in order to wind people up, and ended up enjoying it (the forum/people) far too much.

The reason I may come across as an older poster is that this is not the first forum I have had contact with, so my 'style' is born of fairly long experience of this sort of thing. Which is why I came in all guns blazing as it were.

I know you wont believe me, and don't know why I just broke off from work to bother with this.

Love and kisses,
Mewbs

Your posts make me laugh more than anyone elses, much nicer than Nellys insults.

I don't care who you are, but you are funny, I quite fancy a pint with you and there are not that many on here I would say that about

Love you all really.

Really2

!!!!!!? wrote: »

What you have now decided to redefine as 'Forced' sellers - people who move because of circumstance - have always been the core of the market which I was pointing out to you from almost my very first post on the topic. You started off by saying noone would be selling apart from repos.

Maybe if you could actually have a reasoned discussion instead of turning on the huge fonts , throwing personal insults and obsessively dragging the subject across to pollute other threads you might realise that.

Death, Divorce, loss of Job, Moving for new Job, Repo = FORCED SELLERS (unless people do those for fun?)

They look fairly forced to me?

You are found to be lying !!!!!!. Stop trying to victimise yourself again.

As for the bold bit thats your trademark.:rotfl:

What did you say earlier

!!!!!!? wrote: »

are you perhaps in a position where you need to sell and can't get the price you need?

No not trying to be personal are you !!!!!! (By the way no I am not:))

WTF?_2

StevieJ wrote: »

What a great shout :eek:

FYI I was reading MSE since early 2007 (might have been late 2006). Thankfully I didn't let the opinions which dominated the property forums here at the time influence my decision on buying a house. If I had, I'd have been much worse off. Three cheers for the HPC sites and the doom-mongering blogs.

I'll repeat my earlier statement that "I'm extremely thankful to the people who spoke out on internet forums and blogs that enlightened me and I make no apologies whatsoever for being a vocal 'doom monger' on MSE for the last 15 months or so." and amend the 'last 15 months or so' to 'the last 17 months or so' in order to correlate that to my join date - just in case that rattles any obsessive weirdos cage.