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Debate House Prices


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Bulls phone in.

macaque_2
macaque_2 Posts: 2,439 Forumite
Macaque: Hello caller, what did you want to say?
Caller 1: Yeah, I just bought a 3 bedroom portfolio.
Macaque: Do you know what the word portfoliio means?
Caller 1: Long silence on followed by click brrrrrrrrr

Macaque: Welcome to the show caller
Caller 2: I'm a property investor and I just wanted to say that I do know what the word portfolio means and mine is worth £1.5m. Pick the bones out of that one chum.
Macaque: How much is your mortgage?
Caller 2. Er, its £1,521,550.
Macaque: Stay on the line caller. I am going to pass you back to Carol who will give you a number for the Samaritans.

Macaque: Good evening caller
Caller 3: Hi Macaque, I just wanted to say that house prices in London may stagnate a bit but they won't go down.
Macaque: Are you not worried about the particularly severe hit that London will take from cuts in housing benefit, job losses and curbs on the banking system?
Caller 3: Er er (Long silence on followed by click brrrrrrrrr)

Macaque: Hello caller, what did you want to say.
Caller 4: Hi macaque, I just wanted to say yours is the the best show on radio. Anyway I've got 5 flats and I earn £26k p.a. rent. Basically, the muppets who rent it are buying the flats for me.
Macaque: Good stuff. How much are your mortgage interest repayments?
Caller 4: Only £4k a month my friend
Macaque: But that means you are losing £22k a year on interest alone and what about capital losses from falling prices?
Caller4: Doesn't matter mate, I'm in it for the long run
Macaque: How does that work?
Caller 4: Well basically, inflation pays my debt.
Macaque: How?
Caller 4: Easy, people's salaries go up with inflation but the cost of my debt stays the same. Nice one squire.
Macaque: But salaries are not going up and imported inflation is eating away at disposable incomes. Do you not realise that some kinds of inflation can actually make your debt worst and not better?
Caller 4. (Long silence) You havn't a f****** clue mate .......... you can just f*** off .......... your show is cr*p anyway .... click brrrrr

Macaque: Hello caller
Caller 5: Hell Macaque, this Chris from Crounch End. I just wanted to say that the last caller will never get into the kingdom of heaven saying things like that.
Macaque: Er er er
«13

Comments

  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    Macaque: Hello caller
    Caller 6: Hello Macaque, this is your hobby Landlord. I'm putting your rent up and taking the roof off your house for a while. I need it on another place I'm developing.
    Macaque: (long silence)
    Announcer: Ermmm, Macaque has just stepped out.....We'll be right back after this hit.
    (Plays "Aint nothin' goin' on but the rent" - Gwen Guthrie)
  • Malcolm.
    Malcolm. Posts: 1,079 Forumite
    Macaque: Hello caller
    Caller 7: Hello Macaque, this is your wife. I'm leaving you because you spend too much time on the web. I've been having an affair with mewbies wife for a while now, we're similar people and she understands exactly what I'm going through...
    Macaque: Er er (long silence follow by click brrrrr)
  • Malcolm.
    Malcolm. Posts: 1,079 Forumite
    Malcolm. wrote: »
    Macaque: Hello caller
    Caller 7: Hello Macaque, this is your wife. I'm leaving you because you spend too much time on the web. I've been having an affair with mewbies wife for a while now, we're similar people and she understands exactly what I'm going through...
    Macaque: Er er (long silence follow by click brrrrr)

    Was that a little too close to the mark? Oh well I'm looking to get banned, it's the easiest way to stop posting, well apart from not logging in. :D
  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    Malcolm. wrote: »
    Was that a little too close to the mark? Oh well I'm looking to get banned, it's the easiest way to stop posting, well apart from not logging in. :D

    You need to do what ol' mewbie did.
    Got himself banned then started posting somewhere else about how he'll not be coming back again as it's too much hassle to get another IP, it's really gone downhill here, he's much happier when he's not posting here etc.

    Never been seen since.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    JonnyBravo wrote: »

    Never been seen since.


    icon7.gif
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • macaque_2
    macaque_2 Posts: 2,439 Forumite
    Malcolm. wrote: »
    Was that a little too close to the mark? Oh well I'm looking to get banned, it's the easiest way to stop posting, well apart from not logging in.

    If anyone tried to get you banned, I would support your case (although I was not impressed with what you said). I have an implacable hatred of censorship. Having said that, the current moderators on this board are pretty good.
  • pop_gun
    pop_gun Posts: 372 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    edited 14 July 2010 at 10:35PM
    majority of the bulls on this site own property which are in arrears (judging from recently figures). the real threat of repossession and bankruptcy looms large. to have a bear sh*t in the woods then rub your nose in it (a public service?) only excerbates their fears which in turn causes them to act and respond in a juvenile manner. care must be excercise when conversing with desperate people.
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 15 July 2010 at 7:16AM
    pop_gun wrote: »
    majority of the bulls on this site own property which are in arrears (judging from recently figures). the real threat of repossession and bankruptcy looms large. to have a bear sh*t in the woods then rub your nose in it (a public service?) only excerbates their fears which in turn causes them to act and respond in a juvenile manner. care must be excercise when conversing with desperate people.

    It has NEVER been better than it is now for me as a LL and I started in 1991, I don't want anything to change, you can keep your HPI forever, if interest rates can stay where they are now.

    Of course we all know that the base rate will eventually go back up to about 5-6% and even that is very low.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Malcolm. wrote: »
    Was that a little too close to the mark? Oh well I'm looking to get banned, it's the easiest way to stop posting, well apart from not logging in. :D

    I must try that.
  • System
    System Posts: 178,390 Community Admin
    10,000 Posts Photogenic Name Dropper
    pop_gun wrote: »
    majority of the bulls on this site own property which are in arrears

    *snigger*

    This is the kind of logic that we've come to expect.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
This discussion has been closed.
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