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HPC bears waking up to reality

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Comments

  • DaddyBear
    DaddyBear Posts: 1,208 Forumite
    They were being polite.

    Secretly, they hate you for giving in and becoming a scab with the home buyers strike.:

    Seriously though, hope you enjoy it.:beer:

    Many thanks. I just hope that HP falls aren't round the corner (I guess there will always be a bear within me).
  • Dirk_Rambo
    Dirk_Rambo Posts: 387 Forumite
    to be honest I feel rather nauseous at the false rapport you two seem to have recently built up. it's about as real as jordans chest
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    DaddyBear wrote: »
    I just hope that HP falls aren't round the corner

    Oh stop it, you're making the other bears cry now.....:D

    I can hear the mutters of "traitor" and "blasphemy" already.:p
    “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”
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Dirk_Rambo wrote: »
    to be honest I feel rather nauseous at the false rapport you two seem to have recently built up. it's about as real as jordans chest

    Some bits of Jordans chest are real....:D

    I really do hope he enjoys the house.;)
    “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”
  • Dirk_Rambo
    Dirk_Rambo Posts: 387 Forumite
    please you two, get a room in a sleazy hotel and make sweet love to each other all night long if you do so desire.
    Me? i feel the uncontrollable urge to puke.
  • nembot
    nembot Posts: 1,234 Forumite
    So essentially Hamish, what you're saying is anyone who disagrees with your opinion is an idiot?
  • Shakethedisease
    Shakethedisease Posts: 7,006 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    You should be fine so long as you keep prefacing all your remarks with;

    "I'm still a bear, and house prices should drop, but......"

    or

    "House prices are still too high, and must inevitably fall one day, but......"

    Sometimes family life and security, stable schools for the kids and wanting the never-ending 6 month 'axe over the head' to stop.. comes first and you just want to get ON with it.

    The 'buts' are about specific personal circumstances... the 'house prices are too high' are about country wide averages, finances, politics and economics. One doesn't discount the other. Balances have to be made.

    We bought knowing full well we'd lose and still think house prices have a bit to fall. But at the same time, we wanted our kids to go to the same school for the next 5 years or so without the never-ending threat of the AST ending every 6 months. As a family and for our security it was unsubstainable.. as a view and opinion on house prices... I still feel EXACTLY the same. House prices are FAR too high. And I am well prepared ( mentally ) for it when they start to fall. They can't go on as they are forever.. It defies logic ( and economics ).
    It all seems so stupid it makes me want to give up.
    But why should I give up, when it all seems so stupid ?
  • nembot
    nembot Posts: 1,234 Forumite
    Well said, pity common sense is wasted on many here.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Sometimes family life and security, stable schools for the kids and wanting the never-ending 6 month 'axe over the head' to stop.. comes first and you just want to get ON with it.

    The 'buts' are about specific personal circumstances... the 'house prices are too high' are about country wide averages, finances, politics and economics. One doesn't discount the other. Balances have to be made.

    We bought knowing full well we'd lose and still think house prices have a bit to fall. But at the same time, we wanted our kids to go to the same school for the next 5 years or so without the never-ending threat of the AST ending every 6 months. As a family and for our security it was unsustainable..

    And without realising why, you've just perfectly described why it takes an event on the scale of the global financial crisis, the biggest recession in a century, and the withdrawal of 70% of mortgage funding, to get house prices to fall just 20%......

    Almost everybody thinks like you do. And that won't change.

    For the majority of people, buying a house eventually becomes a necessity, not a luxury, and no matter what the price (provided it's payable within a lifetime), sacrifices will be made to ensure it happens.
    They can't go on as they are forever.. It defies logic ( and economics ).

    Actually, when you combine the proven shortage of housing,(supply) with the attitude about house buying displayed above even from a committed housing bear (demand), it makes perfect sense both logically and economically....;)
    “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”
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    nembot wrote: »
    Well said, pity common sense is wasted on many here.

    Common sense is rarely either....;)

    And you're just bitter the bears are dropping like flies.
    “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”
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