Misery of the BTLers and property developers...

FungusFighter

whose secretly enjoying it? I know I am:j

All those years of having my nose rubbed in it now their all moaning about being stuck with silly mortgages and houses that won't sell:rotfl:

Best thing about this recession :beer:

Cleaver

A fantastic little post that acts as a perfect example for the many instances of schadenfreude on this board.

Odd. Really, really odd.

Dan:_4

Stuck with silly morgages?

Houses that won't sell?

What on earth are you on? -The interest rates on these mortgages are an all time low, so this simply means increased profits for the landlord. Also, with increased profits and low mortgage payments why would they WANT to sell in this market?

Why was yor nose rubbed in it anyway?

Count_Dante

Cleaver wrote: »

A fantastic little post that acts as a perfect example for the many instances of schadenfreude on this board.

Odd. Really, really odd.

Schadenfreude is one of the most satisfying, if unpleasant, of all human emotions. It's not odd at all.

ad44downey

FungusFighter wrote: »

whose secretly enjoying it? I know I am:j

All those years of having my nose rubbed in it now their all moaning about being stuck with silly mortgages and houses that won't sell:rotfl:

Best thing about this recession :beer:

Yes, it's fantastic. Greedy selfish people getting their comeuppance is natural justice in my book.

Cleaver

Count_Dante wrote: »

Schadenfreude is one of the most satisfying, if unpleasant, of all human emotions. It's not odd at all.

That's very true actually.

Maybe I should clarify by saying that there's a small minority on here that seem to base a lot of their lives around schadenfreude, spending year upon year posting articles and links to other people's misery and cheering it on. Fat people, immigrants, business owners who are failing, people who have made mistakes etc. Don't get me wrong, 90% of this board debate intelligently, but there is an 'odd' minority. You must see that?

Cleaver

Cleaver wrote: »

That's very true actually.

Maybe I should clarify by saying that there's a small minority on here that seem to base a lot of their lives around schadenfreude, spending year upon year posting articles and links to other people's misery and cheering it on. Fat people, immigrants, business owners who are failing, people who have made mistakes etc. Don't get me wrong, 90% of this board debate intelligently, but there is an 'odd' minority. You must see that?

And as if by magic, ad44downey pops along right on que...

FungusFighter

Dan: wrote: »

Stuck with silly morgages?

Yeah, a silly mortgage mate:beer:
What we used to call "a million quid property empire" and what we now call a fewking big debt they haven't a hope in hell of paying off :rotfl:

Luvvin it :rotfl::rotfl::rotfl:

Pobby

Awwww, I don`t wish carp on anyone. I do understand the anger of many having been shut out of home ownership by the insanity of prices but I don`t think the vast majority of people have been greedy as such. Most wanted a place to call their own.

Having, last time around, felt the fear of maybe losing my home I can assure every body that it is not a pleasant thing.

This whole situation is hurting so many non greedy folk. Someone like myself who has invested in low yielding " safe " products has lost out at this time. Savings doing sweet Fanny Adams. I don`t think that I have been greedy.

It`s a fact that due to this current situation, families will split, jobs will go, suicides increase, long standing family businesses will go to the wall. Where is the cause for celebration in any of that?

Dan:_4

FungusFighter wrote: »

Yeah, a silly mortgage mate:beer:
What we used to call "a million quid property empire" and what we now call a fewking big debt they haven't a hope in hell of paying off :rotfl:

Luvvin it :rotfl::rotfl::rotfl:

This just shows how much you really know. :rolleyes:

Conrad

A freind of mine, a waiter, without any analysis or thought bought some B2Ls in the mid nineties at very low prices and it got to the stage where I found I wasn't enjoying his company, because he always bragged about all the rent pouring in.

He bought another in summer 07 right at the top despite my advice. It just shows, these people are all about a bit of luck and blissful ignorance.