Now property sales are rising - the best feeling of owning your first home

PasturesNew

Owning your own home is great and sounds great, but the reality is that if you don't have the ongoing cash to maintain it, insure it, run it - nor the skills to maintain it, it can be quite depressing sat there alone in a house nobody wants to visit because it's unwelcoming.

My house always got called "Bleak House" and nobody ever wanted to be there.

Situations, incomes, circumstances change and not everybody who buys a house will live a cosy little life for years to come with flowers in the garden and happiness oozing out of every dimple in the anaglypta paper....

besonders1

iscrimger wrote: »

I think this is some sort of government spin to try and create a positive outlook on the market.

In the last month I've seen prices fall further not rise. The more media hype about the doom and gloom the worse it seems - it seems only natural to 'create' a story about things improving to balance out the effect.

I'm sure just last week there was a news report about house prices falling upto another 35% in the next year. I'm sure these low prices are increasing sales - but I'm not sure the banks are quite pulling their weight by lending more. I think the market is still pretty stale.

Very true, in the last recession a similar thing happened with so called green shoots early 1990s but this did not stop the prices falling back. It does not make sense that house prices can start booming again when everything else is failing such as employment, car industry etc. Think of it like trying to inflate and repair a punctured car tyre with a plaster. I am surprised that the media have printed as much as they have done already about the recession, as usually the full extent is normally kept a secret.

GDB2222

Every little thing we did to our house was so gratifying and exciting. Deciding on which colours to paint it, wallpaper patterns, plants for the garden. I remember our first party too when it was finally done up after about 3 years.

Surely, surely, surely the time to have the party was when you first moved in and you hadn't done it up yet? Or are your parties rather staid affairs?

Gingernutmeg

GDB2222 wrote: »

Surely, surely, surely the time to have the party was when you first moved in and you hadn't done it up yet? Or are your parties rather staid affairs?

I'd imagine, given the fact that they were 'swooning' over the avocado suite, that the party involved a large prawn cocktail, a black forest gateau, a few bottles of Blue Nun and possibly a bit of swinging

GDB2222

Yes, well, the orgy would definitely benefit from the fitted carpet. Splinters in your bum would be a definite downer.

spinning_hamster_wheel

House prices rose by up to 300% from 1997-2007, a totally unsustainable bubble funded by loose lending, now banks have no money to lend and unemployment figures are going up every week, plus how many people will be saving up huge deposits or have the discipline to do so in this age of credit cards/keeping up with the joneses/iwantitallandiwantityesterday.......Not trying to be all doom and gloom but what goes up must come down.

Owning your own home is all well and fabby doo dah but so is financial security and being able to sleep at night without any worries about huge mortgages, debts and job security.

But then again if anyone wants to let themselves be convinced to buy an overpriced house just because someone on the internet says prices are going up again soon and they dont want to miss the boat then good luck to them!

pickledpink

Apparently swingers have bamboo in their gardens - it's a kind of secret code to other swingers. A bit like the Masons.:D

Anyway, I totally agree with the OP - your first home is always special. You get a real buzzzzzzzzz

So to all you greens (nah, not the political party, or cabbages - well, maybe not cabbages):D but all you jealous wealous little greenies who pay dead rent each week to line their landlords pockets.

MOST properties ARE on the up - and the house opposite me SOLD just last week.

And that isn't goverment spin!:rotfl:

blunt_crayon

pickledpink wrote: »

MOST properties ARE on the up - and the house opposite me SOLD just last week.

And that isn't goverment spin!:rotfl:

most properties' asking prices are on the up, in the sellers' wishful minds... sold prices however are definitely going DOWN.

from the land registry:
Monthly house prices in England and Wales fell by 2 per cent in February, according to the latest figures from Land Registry.
The average house price is now £153,862 and represents an annual decrease of 16.5 per cent.
In London the average price fell 15.6 per cent annually to £298,563.
It is the eighteenth month in a row where the annual rate of change has fallen.

do you seriously see a sudden reversal of this overwhelming downward trend?? especially when taking into account all the economic factors??

JayZed

pickledpink wrote: »

Apparently swingers have bamboo in their gardens - it's a kind of secret code to other swingers.

I believe it's actually Pampas Grass. Which always makes me wonder about my neighbours...

blunt_crayon

sockpuppets wrote: »

Greetings fellow sock puppet.

I hope you're well.



Another one outed.

LOL can someone explain the whole sock puppet thing to me??