What a charming bunch of people.....

ukcarper

HammerSmashedFace wrote: »

It would be nice if no one had to suffer, but I believe the needs of the many (the next generations), outweigh the needs of the few (over-leveraged in the last 8 years), and even those shouldn't be in too much difficulty if they factored in high rates when they borrowed and didn't MEW.

If you're are a BTL'r or a MEWer then you have to take the rough with smooth, after all it's pretty much the same as any kind of gambling, some you win, some you lose.

You don't need 50% drops to make house prices affordable and why should one generation suffer to make anothers easy

HammerSmashedFace

ukcarper wrote: »

You don't need 50% drops to make house prices affordable and why should one generation suffer to make anothers easy

Ok I guess we are not going to agree so fair enough. House prices have trebled in many areas over the past decade, so the HPI'rs would still be ahead even with 50% drops.

I don't think I was suggesting it should ever be easy to buy a house, what I was suggesting is that it should be as fair for people now and in the future as it was for those in the past.

It's a moot point anyway because it's not going to happen, the government are on the side of 'house prices up = good', and they are and will implement every policy they can muster for this to continue.

ukcarper

HammerSmashedFace wrote: »

Ok I guess we are not going to agree so fair enough. House prices have trebled in many areas over the past decade, so the HPI'rs would still be ahead even with 50% drops.

I don't think I was suggesting it should ever be easy to buy a house, what I was suggesting is that it should be as fair for people now and in the future as it was for those in the past.

It's a moot point anyway because it's not going to happen, the government are on the side of 'house prices up = good', and they are and will implement every policy they can muster for this to continue.

Where have house prices trebled. As it happens I agree it wouldn’t be a bad thing if house prices were to fall a bit but it would take nothing like 50% for house to be back to 1972 level(in relation to wages that is) which is when I firsts bought .

treliac

HammerSmashedFace wrote: »

It's a moot point anyway because it's not going to happen, the government are on the side of 'house prices up = good', and they are and will implement every policy they can muster for this to continue.

The govt's days are numbered though.

Despite their best efforts, house prices will achieve what they can, i.e. what people can afford. If the lack of credit, job losses etc. continue, they will drop until there is a levelling out whereby demand and supply have a reasonable correllation.

Whether that means all those who might have bought in 2007 would be able to again is another matter. Some recent buyers will have already or will be at some point returning to the rental market due to their inability to sustain a mortgage.

chucky

Mr.Brown wrote: »

IF I was making a packet out of a rising house market and IF I was financially secure and IF I had a happy and content life I would NOT need to be on here perpetually posting HPI is good news threads. On the other hand IF I was in desperate trouble and IF I had borrowed unwisely to buy at the peak and IF I owned several BTL's and was watching prices and rents fall THEN I would probably not have much else to take my mind off things.

I think people who pump most are the ones in the most trouble. Those who just bought a house they could afford to live in will have a view, but they will not be the one's with the insane output, in some cases several thousands of posts, about how great everything is.

oh how i've missed you Mewbie... love the digs and jealousy towards other posters Mewbie. i see it worse when individuals try to get social acceptance by being funny and clever on an internet forum and then crying yourself to sleep when you've been PPR'd due to the abuse when you lash out at other posters.

do you want take a bet that you'll be PPR'd by 200th post?

Graham_Devon

chucky wrote: »

oh how i've missed you Mewbie... love the digs and jealousy towards other posters Mewbie. i see it worse when individuals try to get social acceptance by being funny and clever on an internet forum and then crying yourself to sleep when you've been PPR'd due to the abuse when you lash out at other posters.

do you want take a bet that you'll be PPR'd by 200th post?

chucky

http://images.google.co.uk/imgres?imgurl=http://i30.tinypic.com/258vwj6.jpg&imgrefurl=http://forums.moneysavingexpert.com/showthread.html%3Ft%3D1465097&usg=__s6cIpYuibkN0UBGjjyaXb7r3irY=&h=320&w=240&sz=14&hl=en&start=3&um=1&itbs=1&tbnid=mrsc8-pl7HGBXM:&tbnh=118&tbnw=89&prev=/images%3Fq%3Dgraham%2Bdevon%26hl%3Den%26cr%3DcountryUK%257CcountryGB%26sa%3DN%26um%3D1



looking like that i suggest you speak to Google to take your picture off their search

Pobby

I don`t see anything wrong with Grahams picture. Looks a fairly regular bloke to me.

chucky

Pobby wrote: »

I don`t see anything wrong with Grahams picture. Looks a fairly regular bloke to me.

who said there was anything wrong pobster?

he looks a bit like Ronnie Corbett in Sorry to me

Graham_Devon

LOL chucky, whole new meaning to playground antics there.