Breaking news - use a house to live in!

redlady_1

Am I the only person who thinks a home should be used as such and not as a cash cow? All the time we see chat about how much should I pay, the vendor paid this so I want to pay the same, etc. Hey guess what, the vendor may have paid X but he was in the right place at the right time. If you dont want to pay Y then walk away. Stop thinking of making a fortune on a place and actually live in it. Use it as a home. House prices do not continually go up. If you are happy with a house and are obviously interested at the market price so dont expect to go in and knock the vendor down by £20k just because he paid £20k less. If you are not happy and you think there is a crash coming, then sit it out in rented accomodation. But for goodness sake, stop being greedy!

Forgive my rant but it winds me up to see people still of the same mentality as a few years ago that a house is to make money and not to actually live in it. Perhaps when we start thinking of houses as homes again then slowly things in the economy can turn around (obviously not just this before someone points it out) Am I in a minority with my thoughts?

poppysarah

Some comedian recently did a skit about it - that irish fella with the glasses and curly hair - you could prob find it on utube. Snorting with laughter about negative equity and asking why people don't just live in their houses

frafferty

Nope - I completely agree. Who cares if the prices go down? The price of everything else will too so it's all relative...

seabright

You're right - well done! Time there was more emphasis on the fact that a home is a big emotional investment as well as a big financial investment.

Jonbvn

OP,

You may have noticed that this is money saving website. It is hardly surprising that people are concerned about the price of everything, including houses.

redlady_1

Yes, this is a money saving website and not an investment website. A house should be a home first. If you make some money out of it then well done. Of course we all would like a bargain but if you find somewhere you like and do a deal then surely that should be enough - but it never is.

dander

You could also argue that it's a money-saving website and people can save a lot of money by not constantly pushing for the biggest, the best, and upgrading their houses every couple of years. Financially, there's a lot to be said for buying a house and staying put.

before_hollywood

poppysarah wrote: »

Some comedian recently did a skit about it - that irish fella with the glasses and curly hair - you could prob find it on utube. Snorting with laughter about negative equity and asking why people don't just live in their houses

dylan moran?

sunshinetours

I partly agree. A home is a massive investment though and people should be looking for ways to minimise the cost of that investment where possible, especially when first entering the market as overpaying now can seriously hamper your future efforts to move "up" the ladder.

I do take your point that it would be nice if houses were seen firstly as homes and secondly as a means of making money

Running_Horse

Jonbvn wrote: »

OP,

You may have noticed that this is money saving website. It is hardly surprising that people are concerned about the price of everything, including houses.

They may also have noticed there is a house price forum to start house price discussions. This forum is for people asking for help with house buying renting and selling.

Norma_Desmond

When we bought this house six years ago the furthest thing from our minds was how much it *could* be worth renovated - and we certainly don't even think of it as an investment.
It's our 'forever' house and we're still slowly doing it up as and when we can afford it.
It's big, ancient, cold, draughty, a total labour of love and a constant drain on the finances but I couldn't care less what it's worth (truthfully, I don't know!)

All that matters is that we've got a lovely old house in a beautiful place with views to die for - a much loved *home*.