Breaking news - use a house to live in!

Mouseman

I thought it was Patrick Keilty, probably on Michael McIntyre's Comedy Roadshow. Can't find the video though. Might be Ed Byrne tho

Guitar

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

Right, this took some finding as the comedian in question is neither Dylan Moran, Ed Byrne or irish or wears glasses or has curly hair.

But it was on Michael McIntyre's Comedy Roadshow.

http://www.youtube.com/watch?v=y65H3u1fJO8

Raggs_2

I think it is wrong to look at a home (I prefer the word home, house is something I live in, home is where I live) as a cash cow.

However, if I can manage to haggle the seller down 20k, using any reason possible, then I'm going to damn well do it. I may plan to spend the rest of my life in that house, but 20k is 20k, that can reduce my mortgage repayments, meaning more money to spend on turning the house into a home.

FATBALLZ

Cannon_Fodder wrote: »

I agree with the sentiment about a house being a home.

I just wonder whether the OP has mis-directed the rant a little bit.

Shouldn't part of the blame lie with a vendor who, knowing what they paid for it, still tries to ask for £20k more for no reason other than time passing.

If they didn't, buyers wouldn't have to try and knock the seller's price down at all.

It concerns me that you are the only person (apart from me) who picked up on this. The mentality that it's the buyer being greedy when they don't want to factor in a 20% profit for the seller explains a lot in this country.

Milliewilly

FATBALLZ wrote: »

It concerns me that you are the only person (apart from me) who picked up on this. The mentality that it's the buyer being greedy when they don't want to factor in a 20% profit for the seller explains a lot in this country.

Its a two way street.

You don't like the price then don't buy. When you sell are you going to make sure you gift the buyer 20% if you don't have to?

The problem on this board is people fall in love with houses and then try to justify why the seller should reduce even though they went and viewed at the asking price which to be fair is generally correct, otherwise there would be no viewings or potential sale to discuss. You can understand the sellers side.

Mouseman

Guitar wrote: »

Right, this took some finding as the comedian in question is neither Dylan Moran, Ed Byrne or irish or wears glasses or has curly hair.

But it was on Michael McIntyre's Comedy Roadshow.

http://www.youtube.com/watch?v=y65H3u1fJO8

You would not BELIEVE the amount of time I spent watching Kielty whilst looking for that! Although it was time well spent I feel. :rotfl:

jw2003

So much of your money goes into your house/home it's no wonder people get a bit obsessive about it however we bought our first home a year ago and I have no intention of moving again. I keep an eye on the local markets but that's only just to remind myself that we got a good deal. We bought this place because it was probably the cheapest house we were ever going to get in a decent town and are turning it into our home. There was no 'love' or 'perfection', it's got enough bedrooms, off street parking, a small garden for the children and didn't saddle us with the mortgage worries that are keeping our friends wake at night.

Fire_Fox

purplevamp wrote: »

I totally agree with redlady. I would love to own a house to live in but because of many greedy people who thought they could buy houses, do them up and sell them at sky high profits or rent them out for crazy prices, I am unable to even get a toe on the property ladder :mad:.

You can afford to get on the 'property ladder', you simply cannot afford to buy in your chosen area. There are flats in Bradford on the market at £45K and houses for not much more. BTL investors and developers are no more greedy than any other businessman or woman; for most people property ownership has always been about what sacrifices you are prepared to make. Better to be forced into saving up a hefty 10% deposit than have bought in 2007 with a 100% mortgage.

Milliewilly

Fire_Fox wrote: »

You can afford to get on the 'property ladder', you simply cannot afford to buy in your chosen area. There are flats in Bradford on the market at £45K and houses for not much more. BTL investors and developers are no more greedy than any other businessman or woman; for most people property ownership has always been about what sacrifices you are prepared to make. Better to be forced into saving up a hefty 10% deposit than have bought in 2007 with a 100% mortgage.

Yes my first flat was so dingy in Sheffield it was in the same block as the one Robert Carlyle lived in from 'the full monty' as I had to move my car from the car park so they could get the film trailers in.

Anyway, the point is even 20 years ago you had to start small relative to your income plus things like clothes tellys cars etc were much much more expensive retatively speaking than they are today and Banks didn't lend easily then!!

franklee

Frankly I think people should stop talking house prices up. It's obvious by just about any measure you care to examine that property is still overpriced. Heck we even had the banking system almost brought down by irresponsible lending to fuel the house price mania, eye watering national debts for the bailout out and still the penny doesn't drop.

Also what does the house being a home have to do with it, it seems to be some mantra that says all common sense should fly out of the window when spending the most money you are ever about to spend. Yet these same people probably shop round keenly when buying a TV for watching or even a can of beans for eating, neither of these being cash cows either.

There is no way I'm going to sign my life away with years of toil to pay for an overpriced shoe box thank you very much.