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The Wilsons are going under.
Comments
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OK.....things described as 'Hamish Plan B ' options sound a bit...ummm.....scary.
fc, it was this thread from Hamish, which was a good question, but he tinged by his use of words such as "admit defeat."
Hamish_McTavish: A serious question for the Bears....
Yes fc. I caught mention of the debt outstanding to you in another thread (one where you said you'd have to look more at 'free' stuff to do leisure wise, such as museums, if the payment doesn't come good) and felt bad about it. Hoping that it comes good for you fc.
I'm sticking to my own position at the moment... it doesn't so much matter that interest rates are low. What matters is the amount of money coming into the market to buy. That is what determines values over the longer term, even if the market is currently pretty stagnant transaction wise.
Maybe I'm wrong but it seems to me that £60K you bought your 1st house for... back in the day (late 80s and then you managed to buy a very desirable house you were very happy with in the early 90s I do believe.. when values were at lows?).... that £60,000 is beginning to look and sound evermore like serious money again to many people. Or at least fewer people taking such sums for granted like pre-crunch. If you look at it from the perspective of shaky job prospects, many experiencing tougher trading conditions and tighter credit - but not for all people obviously.0 -
I came in to this world with nothing and I've still got most of it left. :rolleyes:0
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fc, it was this thread from Hamish, which was a good question, but he tinged by his use of words such as "admit defeat."
Hamish_McTavish: A serious question for the Bears....
Yes fc. I caught mention of the debt outstanding to you in another thread (one where you said you'd have to look more at 'free' stuff to do leisure wise, such as museums, if the payment doesn't come good) and felt bad about it. Hoping that it comes good for you fc.
I'm sticking to my own position at the moment... it doesn't so much matter that interest rates are low. What matters is the amount of money coming into the market to buy. That is what determines values over the longer term, even if the market is currently pretty stagnant transaction wise.
Maybe I'm wrong but it seems to me that £60K you bought your 1st house for... back in the day (late 80s and then you managed to buy a very desirable house you were very happy with in the early 90s I do believe.. when values were at lows?).... that £60,000 is beginning to look and sound evermore like serious money again to many people. Or at least fewer people taking such sums for granted like pre-crunch. If you look at it from the perspective of shaky job prospects, many experiencing tougher trading conditions and tighter credit - but not for all people obviously.
I will have a read of that tomo....will be one of the rare times when I read 'Hamish'.:o
I have been meaning to update the pasty thread too...lt's about things clonking around in my brain on why the Oggy franchise concept didn't work.
60k in 1990 was like a zillion quid and it was hard...and the house then fell down around our years but all spare cash we earnt just paid the mortgage....no different to a lot of tales from posters about their 1st house.
The credit terms we offer ...we must address it or we could end up f**. It's hard to decide what to do...I was going to ask Thrugelmir what he thought at some point.0 -
"Only poor people buy flats"
Like this one for £25 million in Belgravia?
http://www.rightmove.co.uk/property-for-sale/property-13619988.html...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
I'll admit I know absolutely nothing about these people but why are people taking so much joy at there downfall? What exactly have they done other than try to make some money (admittedly rather a lot taking large amounts of risks to do it). If landlords didn't exist who exactly do you think tenants would rents from?!
The houses wouldn't stop existing if the Wilsons hadn't rocked up and bought nearly 1,000 in the area.
They are known, and loathed, in the area, from what I can gather. My sisters live about 10 miles from Ashford, and "Wilson" is a 4-letter word there.
Not only did they push prices up, and try to corner the market, they are terrible landlords, too....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
It's YOU!!neverdespairgirl wrote: »The houses wouldn't stop existing if the Wilsons hadn't rocked up and bought nearly 1,000 in the area.
They are known, and loathed, in the area, from what I can gather. My sisters live about 10 miles from Ashford, and "Wilson" is a 4-letter word there.
Not only did they push prices up, and try to corner the market, they are terrible landlords, too.
Hey there!!
Welcome back
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boomerangs wrote: »Give the Wilsons a rifle each and send them to Afghanistan. Lets see how they get on over there.
Poor sodding Afghans, what have they done to deserve that fate? Buy-to-let in Kandahar.......much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
Welcome back old thing.0
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neverdespairgirl wrote: »"Only poor people buy flats"
Like this one for £25 million in Belgravia?
http://www.rightmove.co.uk/property-for-sale/property-13619988.html
It took me a moment to place where I'd seen that apartment listed elsewhere recently...
And very nice to posting here again NDG. :hello:
Apartment 5, 21 Chesham Place, Belgravia, London SW1
http://www.candyandcandy.com/#/projects-for-sale/chesham-place1/gallery?state=gallery&imageId=0
Price on application0 -
It took me a moment to place where I'd seen that apartment listed elsewhere recently...
And very nice to posting here again NDG. :hello:
Apartment 5, 21 Chesham Place, Belgravia, London SW1
http://www.candyandcandy.com/#/projects-for-sale/chesham-place1/gallery?state=gallery&imageId=0
Price on application
This is how a poor Sydneysider has to live:
http://www.domain.com.au/Public/PropertyDetails.aspx?adid=2008005783
Your heart goes out doesn't it. I might start a charity to help them.0
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