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Bears in Despair Part 3......
Comments
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Awwww... bless your naivety.
Why not toddle off to bed now? I'm sure it will all be better in the morning.
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crikey, there are some proper kn0bs on here....Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
(MSE Andrea says ok!)0 -
HAMISH_MCTAVISH wrote: »http://www.housepricecrash.co.uk/forum/index.php?showtopic=127289&st=0
:rotfl:
Yes, my little hpc-monkeys, you did get your asses kicked.:D
Keep your green with envy threads coming Hamish, just how much negative equity are you in?0 -
Keep your green with envy threads coming Hamish, just how much negative equity are you in?
None at all, thanks.
According to Register of Scotland actual sold price index, Aberdeen is now back to around August 2007 prices.:money:
I've saved a fortune in interest payments though, and cut 4 years off my mortgage so far through overpayments. So thanks for the crash and all, that worked out great!!!“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
What I don't get is how a surge in prices is somehow a "good thing" for some of those invested in property, or the more optimistic on here.
It's good if you can sell up and get out. Granted.
But Hamish, you don't appear to be doing that, infact I have not heard any single BTL investor on here saying they are getting out.
A return to boom, will mean yet another return to bust.
These rises at this pace are not good news. How can it be? Unless you are selling up to take the profit, how on earth can prices rising at this pace be great news....let alone, sustainable.0 -
Graham_Devon wrote: »What I don't get is how a surge in prices is somehow a "good thing" for some of those invested in property, or the more optimistic on here.
It's good if you can sell up and get out. Granted.
But Hamish, you don't appear to be doing that, infact I have not heard any single BTL investor on here saying they are getting out.
A return to boom, will mean yet another return to bust.
These rises at this pace are not good news. How can it be? Unless you are selling up to take the profit, how on earth can prices rising at this pace be great news....let alone, sustainable.
Agree unless it influences that intangible element..... sentiment.
I cut back my spending last year.... no real reason other than thats what everyone was doing and seemed prudent in case I lost my job, (still might who knows). But if the increase in house prices encourages more people like me to go out and spend a bit more like we used to (note that isn't fuelled by debt) then it may well have some larger more nebulous good effect across the population as a whole.
As for beneficial to the individual, you are of course right that Hamish will see no direct benefit other than the satisfaction he gains from getting a load of bears to bite.0 -
Graham_Devon wrote: »What I don't get is how a surge in prices is somehow a "good thing" for some of those invested in property, or the more optimistic on here.
It's good if you can sell up and get out. Granted.
But Hamish, you don't appear to be doing that, infact I have not heard any single BTL investor on here saying they are getting out.
A return to boom, will mean yet another return to bust.
These rises at this pace are not good news. How can it be? Unless you are selling up to take the profit, how on earth can prices rising at this pace be great news....let alone, sustainable.
Because having close to a million people in negative equity is still a big drag on the wider economy.
The sooner prices recover to peak, ensuring nobody is left in N.E., the better.
If things then slow down to a more sustainable, long term growth trajectory, that would be better, I'll agree.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
JonnyBravo wrote: »
As for beneficial to the individual, you are of course right that Hamish will see no direct benefit other than the satisfaction he gains from getting a load of bears to bite.
That too.:D“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
HAMISH_MCTAVISH wrote: »http://www.housepricecrash.co.uk/forum/index.php?showtopic=127289&st=0
:rotfl:
Yes, my little hpc-monkeys, you did get your asses kicked.:D
Oh God you have to find a negative post on hpc to backup your arugement. You really are getting desperate :whistle:
No mention of the replies to the hpc post?0 -
Graham_Devon wrote: »What I don't get is how a surge in prices is somehow a "good thing" for some of those invested in property, or the more optimistic on here.
It's good if you can sell up and get out. Granted.
But Hamish, you don't appear to be doing that, infact I have not heard any single BTL investor on here saying they are getting out.
A return to boom, will mean yet another return to bust.
These rises at this pace are not good news. How can it be? Unless you are selling up to take the profit, how on earth can prices rising at this pace be great news....let alone, sustainable.
I plan to get out in about 9-14 years obviously depending on the market (and as you say 'take the profit')Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0
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