It's Spring, where's the Bounce?

agent_orange_2

ad9898 wrote: »

Don't give me that cac:D, everyone likes a bit of schadenfreude, it's one of the most satisfying human emotions, although few admit it.

Yes, if you and your ilk of poster were to become victims of the downturn, that would be the ' schadenfruede' I could raise a smile for.

BettiePage

agent_orange wrote: »

Yes, if you and your ilk of poster were to become victims of the downturn, that would be the ' schadenfruede' I could raise a smile for.

Oh, so there are different levels of schadenfreude then?

ad9898_3

agent_orange wrote: »

Yes, if you and your ilk of poster were to become victims of the downturn, that would be the ' schadenfruede' I could raise a smile for.

Honestly, even at my tender age (lol), of 30 something, I've lived the rollercoaster of life, when the lows have come, they have been very low, nothing the downturn could throw at me would barely make a dent, anyone can handle good times, it's the bad times and how you handle them that shape the person, trust me, if you have your health, you are wealthy indeed.

agent_orange_2

ad9898 wrote: »

Honestly, even at my tender age (lol), of 30 something, I've lived the rollercoaster of life, when the lows have come, they have been very low, nothing the downturn could throw at me would barely make a dent, anyone can handle good times, it's the bad times and how you handle them that shape the person, trust me, if you have your health, you are wealthy indeed.

ok, so you had a 'rollercoaster'. How does that enable you to relish the current downturn? Into every life a little rain must fall, but that doesn't mean to say you have to enjoy other peoples misfortunes.

agent_orange_2

BettiePage wrote: »

Oh, so there are different levels of schadenfreude then?

I refuse to take pleasure in seeking out the worse case scenario and posting a link to it on here.

ad9898_3

agent_orange wrote: »

ok, so you had a 'rollercoaster'. How does that enable you to relish the current downturn? Into every life a little rain must fall, but that doesn't mean to say you have to enjoy other peoples misfortunes.

Never said I relished it, why would I ?, just putting things in perspective.

ad9898_3

agent_orange wrote: »

I refuse to take pleasure in seeking out the worse case scenario and posting a link to it on here.

For some people, and maybe your children if you have any, a link saying 'House prices likely to fall 40%' for instance, isn't bad news, it's great news. High house prices are bad for the economy and society. Surely, if you have an income of say 2k per month, it's far better to be spending £500 on a mortgage than £1000, thats £500 extra you could be spending on something else rather than interest payments, more money into the economy, or perhaps, if you were spending £500 less a month, maybe you or your partner could cut your hours and spend more time with family.

High house prices are like a cancer that spreads through society, forcing huge amounts of debt onto people, and the only way you can feel better about it is if prices go up after you jump into the market, bit like a pyramid scheme really, in fact that's exactly what it is, hence the boom and bust cycle

MiserlyMartin

I just saw some green shoots - oh sorry it was a daffodil.

agent_orange_2

ad9898 wrote: »

For some people, and maybe your children if you have any, a link saying 'House prices likely to fall 40%' for instance, isn't bad news, it's great news. High house prices are bad for the economy and society. Surely, if you have an income of say 2k per month, it's far better to be spending £500 on a mortgage than £1000, thats £500 extra you could be spending on something else rather than interest payments, more money into the economy, or perhaps, if you were spending £500 less a month, maybe you or your partner could cut your hours and spend more time with family.

High house prices are like a cancer that spreads through society, forcing huge amounts of debt onto people, and the only way you can feel better about it is if prices go up after you jump into the market, bit like a pyramid scheme really, in fact that's exactly what it is, hence the boom and bust cycle

Ok ad, I do have children and in that respect, a drop in house prices is something which will benefit them. Your satisfaction in seeing house prices dropping, if for that reason, are not therefore schadenfreude but more out of self-interest.

As I said earlier, I do not have a mortgage. The returns on our savings have been
hit heavily by interest rate cuts but I don't moan and groan - I realise the cost of high borrowing rates would be even more damaging for our country.

agent_orange_2

ad9898 wrote: »

Honestly, even at my tender age (lol), of 30 something, I've lived the rollercoaster of life, when the lows have come, they have been very low, nothing the downturn could throw at me would barely make a dent, anyone can handle good times, it's the bad times and how you handle them that shape the person, trust me, if you have your health, you are wealthy indeed.

I took the time-out to check your profile - your age is shown as 40. You're not in denial are you?