The Future

Dan:_4

shakerbaby wrote: »

Unlike our resident sockie, eh 'Dan'? :rotfl:

Whatever.

..

lostinrates

Dan: wrote: »

No, you usually look at both sides of the argument and thank accordingly.

Well, yes, thats true, in the main.

Thrugelmir

and the general economy was suddenly improving

Is it?

Todays news suggests otherwise.

Pobby

I guess it`s about life experience.Was set up at 32, savings that would cover our mortgage. Think of that. In the South East! Wage inflation and promotion, also our second property, seems like a dream. Sold our semi 3 bed for a nice 2 bed bungalow. Priced when we bought it at under 15k. Had an income between us of over 20 grand.

Cashing in and buying a business and a large 4 bedroom house wasn`t the best plan some 21 years ago but wasn`t expecting double digits of IRs.

So maybe you see, that when I go on about the housing market now, you can see that I fully suscribe to the ponzi scheme it`s become.

Back then, the old days, lol, any surplus that you had would go into a pension scheme. A good idea, then annuities took a tumble, Gordon decided to tax the dividends, a whole lot has changed.

Who would have ever predicted that a grotty little flat would command a massive purchase price. Not me, that`s for sure.

What a mess.

Thrugelmir

Pobby wrote: »

I guess it`s about life experience.Was set up at 32, savings that would cover our mortgage. Think of that. In the South East! Wage inflation and promotion, also our second property, seems like a dream. Sold our semi 3 bed for a nice 2 bed bungalow. Priced when we bought it at under 15k. Had an income between us of over 20 grand.

Cashing in and buying a business and a large 4 bedroom house wasn`t the best plan some 21 years ago but wasn`t expecting double digits of IRs.

So maybe you see, that when I go on about the housing market now, you can see that I fully suscribe to the ponzi scheme it`s become.

Back then, the old days, lol, any surplus that you had would go into a pension scheme. A good idea, then annuities took a tumble, Gordon decided to tax the dividends, a whole lot has changed.

Who would have ever predicted that a grotty little flat would command a massive purchase price. Not me, that`s for sure.

What a mess.

Cash it in then . Before the big bad wolf comes along to blows your house down.

What goes up must come down.

Pobby

Thrugelmir wrote: »

Cash it in then . Before the big bad wolf comes along to blows your house down.

What goes up must come down.

Tell Mrs. Pobby that.

Thrugelmir

Pobby wrote: »

Tell Mrs. Pobby that.

I can see who wears the trousers. :rolleyes:

Valerius

There is a serious sense of reality check over at HPC.co.uk, just by looking at the thread "Have we got it wrong regarding HPC".

Some finally are seeing sense in that although HPI can not be sustain, similarly hoping to grab decent properties with 50-70% off peak price and desperately waiting for families to be kicked in the street was never going to happen either.

Another point is that there are a lot of sad souls over there too, whom for some strange reasons, can not hide their disapointment that the recession is not deeper, banks are not failling as they hoped, and more people are not being repo'ed.

A very sad bunch indeed who ought to get over their cherished doom and gloom expectations.

In a word yes. Time to close the HPC site and move on.....

shakerbaby

Valerius wrote: »

There is a serious sense of reality check over at HPC.co.uk, just by looking at the thread "Have we got it wrong regarding HPC".

Some finally are seeing sense in that although HPI can not be sustain, similarly hoping to grab decent properties with 50-70% off peak price and desperately waiting for families to be kicked in the street was never going to happen either.

Another point is that there are a lot of sad souls over there too, whom for some strange reasons, can not hide their disapointment that the recession is not deeper, banks are not failling as they hoped, and more people are not being repo'ed.

A very sad bunch indeed who ought to get over their cherished doom and gloom expectations.

In a word yes. Time to close the HPC site and move on.....

The thread had absolutely nothing to do with closing HPC but that's for your efforts to flame bears nonetheless. :rolleyes:

Dan:_4

shakerbaby wrote: »

The thread had absolutely nothing to do with closing HPC but that's for your efforts to flame bears nonetheless. :rolleyes:

They might as well shut it down, it seems many over there are giving up after today's news.