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Debate House Prices
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Can't Own, Won't Own.
Comments
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HAMISH_MCTAVISH wrote: »Should have bought when they were cheaper then.
Similar to Mr Brown's point, I would have loved to have bought in 1995 but unfortunately I was 13 and more concerned with loaning out heavy metal albums from my local library and copying them on to cassette. I actually made a profit by making ten copies of Megadeth's 'Peace Sells... But Who's Buying?' for a load of people at school.0 -
What do you mean by define?Stay_tonight_in_a_lie wrote: »Define afford.
edit: ps, I'm loving this. It's like being part of a very very small in crowd.0 -
I actually made a profit by making ten copies of Megadeth's 'Peace Sells... But Who's Buying?' for a load of people at school.
I should add that I put the proceeds in a Jupiter High Yield Corporate Bond which did very well and was used as a deposit on our first property. Technically speaking, Dave Mustaine bought our two bed terrace (which I doubt is a sentence you'll find anywhere else on the internet).0 -
OK, my apologies, I was being flippant to a long serving member. Afford to me means having enough money to put a deposit down and pay a mortgage for TWENTY FIVE MISERABLE YEARS. Without having to cut back on luxuries like, er, having a life man.Stay_tonight_in_a_lie wrote: »Define please what you mean by what do you mean by define. I'm here for the longhaul if you wanna get messy
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Similar to Mr Brown's point, I would have loved to have bought in 1995 but unfortunately I was 13 and more concerned with loaning out heavy metal albums from my local library and copying them on to cassette. I actually made a profit by making ten copies of Megadeth's 'Peace Sells... But Who's Buying?' for a load of people at school.
Well yes, but you bought already. No doubt it was the head start afforded to you by starting "work" so young..... Well that and a lack of copyright enforcement in those days.:D
If Mewbie, sorry, Mr Brown had spent more time ripping off heavy metal bands, and less time perfecting the art of the meaningless online ramble, perhaps he could have bought as well?“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 -
I wonder if you know how much that comment pleases me? Anyway thanks for it, I feel I have achieved something today.HAMISH_MCTAVISH wrote: »...less time perfecting the art of the meaningless online ramble...0 -
I wonder if you know how much that comment pleases me? Anyway thanks for it, I feel I have achieved something today.
Well, if you like it that much, you can keep it.
Merry X-mas.
Now take 2 seconds of your life and CLICK THE F*CKING THANKS BUTTON, Ebenezer.: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: »Well yes, but you bought already. No doubt it was the head start afforded to you by starting "work" so young.....
Actually, one of the main reasons I bought quite early in life (22 when we put the offer in I believe) was that my wife is a few years older than me, bought a house in the mid / late nineties for about 38p with two friends and sold it for £100k or something or other in 2003.
I had some savings too, but without house prices going a bit mental and my missus benefiting we probably would have struggled to buy.0 -
the_ash_and_the_oak wrote: »They can rise faster than wages indefinitely (but with more people able to afford) if credit becomes cheaper/more-widespread indefinitely (the seeming paradox of rising owner-occupancy stats)
Ah, the opening lines from "The Credit Gospel" (2003-2008 edition) alas now out of publication and only found in the History Musuem in the Bank of England.0 -
As far as I can see, reading the thoughts of the most prolific posters on here, there is no chance I will ever get a house. I can't afford one now, and they are just going to keep going up and up faster than my wages. Therefore I never will be able to buy one.
I wonder if they will still keep going up even if no one can afford one?
Remember the fable of the hare and the tortoise.
Keep saving and you will be be rewarded.0
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