UK Property to HALVE Between Now and July 29, 2010

treliac

StiflersMom wrote: »

True, and all the usual blinkered bears...

carolt (10-07-2009), chrisandanne (11-07-2009), fc123 (10-07-2009), Graham_Devon (10-07-2009), Hair Bear (10-07-2009), inspector monkfish (10-07-2009), mewbie (10-07-2009), Midas (10-07-2009), PasturesNew (10-07-2009), penguine (10-07-2009), rewired (10-07-2009), shakerbaby (11-07-2009), staffsuk (10-07-2009), TD5 (29-07-2009), thriftybabe (10-07-2009), tommy75 (10-07-2009), treliac (10-07-2009)

At least the OP has finally seen the error of his ways and bought something.

I can only assume that these poor deluded bears will one day too realise that the "double dip" (due in March 10, or December 09) is as much of a myth as the tooth fairy

:rotfl::rotfl::rotfl:

What do you mean 'bear'. I'm an ordinary (if I say so myself) person who has worked hard to achieve home ownership. The alternative would have been to get pregnant first and claim my entitlement to social housing.

Now I am in the position where forever higher house prices would benefit me personally. So why don't I want this to happen?

Because I want a future for my children and the next generation in general. I've said for years that house prices were rising too much too fast and there would be serious repercussions. Well now we have them. Families who have over-extended themselves and risk repossession. Mortgages only held together by rock bottom interest rates. Mothers forced to work and denied the right or the opportunity to bring up their own children. Not much of a future for the young as things are now.

This isn't the life I either wanted or would choose. But 'bear'?...... my shoulders are shrugging, my eyes are rolling.

ukcarper

treliac wrote: »

What do you mean 'bear'. I'm an ordinary (if I say so myself) person who has worked hard to achieve home ownership. The alternative would have been to get pregnant first and claim my entitlement to social housing.

Now I am in the position where forever higher house prices would benefit me personally. So why don't I want this to happen?

Because I want a future for my children and the next generation in general. I've said for years that house prices were rising too much too fast and there would be serious repercussions. Well now we have them. Families who have over-extended themselves and risk repossession. Mortgages only held together by rock bottom interest rates. Mothers forced to work and denied the right or the opportunity to bring up their own children. Not much of a future for the young as things are now.

This isn't the life I either wanted or would choose. But 'bear'?...... my shoulders are shrugging, my eyes are rolling.

Why do you think rising house prices would benefit you the only time they do is if you downsize or sell and not buy again. If you want a bigger house if house prices increase you will have to pay more for it.

nickmason

Joeskeppi wrote: »

This is what it's come to, moneyweek being referred to as "respected" and an article laden with typo's and idiocy as evidence.

Funny thing is, there was an "econometric" government "study" that Hamish McTavish referenced, which was full of typo's and idiocy.

I didn't dare write:
"This is what it's come to, the government being referred to as "respeected" and an report laden with typo's and idiocy as evidence".
But I enjoyed doing it just then...

Davesnave

ukcarper wrote: »

Why do you think rising house prices would benefit you the only time they do is if you downsize or sell and not buy again. If you want a bigger house if house prices increase you will have to pay more for it.

Why are you addressing this question to treliac? She is not the one who is ramping house prices.

Of course all of us home owners benefit, as it is more than likely that we will eventually downsize and/or share our wealth in property with our kids, but not everyone in the upcoming generation is fortunate enough to have a bank of Mum & Dad.

Downsizing is not the only option either. Many people choose to move west when they retire and their money buys more away from London & the Home Counties.

ess0two

Davesnave wrote: »

Why are you addressing this question to treliac? Did you not read her post carefully?

Did you?he's replying to this in her post?


Now I am in the position where forever higher house prices would benefit me personally. So why don't I want this to happen?

ukcarper

Davesnave wrote: »

Why are you addressing this question to treliac? Did you not read her post carefully?

Now I am in the position where forever higher house prices would benefit me personally. So why don't I want this to happen?

System

nickmason wrote: »

Funny thing is, there was an "econometric" government "study" that Hamish McTavish referenced, which was full of typo's and idiocy.

I didn't dare write:
"This is what it's come to, the government being referred to as "respeected" and an report laden with typo's and idiocy as evidence".
But I enjoyed doing it just then...

I'm not really sure what your point is here, or how it's relevant.

Davesnave

ess0two wrote: »

Did you?he's replying to this in her post?


Now I am in the position where forever higher house prices would benefit me personally. So why don't I want this to happen?

Yes, mia culpa, I phrased that badly, hence my re-write, explaining what I meant.:o

ukcarper

Davesnave wrote: »

Why are you addressing this question to treliac? She is not the one who is ramping house prices.

Of course all of us home owners benefit, as it is more than likely that we will eventually downsize and/or share our wealth in property with our kids, but not everyone in the upcoming generation is fortunate enough to have a bank of Mum & Dad.

Downsizing is not the only option either. Many people choose to move west when they retire and their money buys more away from London & the Home Counties.

I'm sure most people would have been quite happy if HPI had been in line with wage inflation but that didn’t happen. Not every body wants to move away from where they live when they retire in fact I would say that it a small percentage who do. As for helping children none of my friends have been able to give their children large deposits but most of their children own property.

Do you really think people like Hamish have any effect on house prices

treliac

ukcarper wrote: »

Why do you think rising house prices would benefit you the only time they do is if you downsize or sell and not buy again. If you want a bigger house if house prices increase you will have to pay more for it.

Davesnave wrote: »

Why are you addressing this question to treliac? She is not the one who is ramping house prices.

Of course all of us home owners benefit, as it is more than likely that we will eventually downsize and/or share our wealth in property with our kids, but not everyone in the upcoming generation is fortunate enough to have a bank of Mum & Dad.

Downsizing is not the only option either. Many people choose to move west when they retire and their money buys more away from London & the Home Counties.

You are quite right, Davesnave, in your understanding of my post.

ukcarper, the reason I would benefit from rising house prices is because I've done my upsizing, brought up my family and the only way I will want/need to move in the future will be to a smaller/cheaper property. The higher the price of my house, the more money I would release for spending on great holidays and other lovely things.

This however, for reasons I've stated, is not what I want. I've made provision for my future. I will hopefully be able to cope but I don't want to do so at the expense of the next generation. It does seem difficult for some posters to believe we're not all mad, greedy, house price rampers with an eye only to personal acquisition.