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Debate House Prices


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Is it just the greedy left praying for a crash?

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Comments

  • Blacklight
    Blacklight Posts: 1,565 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Loopgames wrote: »
    Greedy? People who want to clear their mortgages are greedy? hhmmmm

    These are first time buyers or people looking to use price falls for large gains. That's my point.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    edited 28 July 2010 at 9:44AM
    Blacklight wrote: »
    These are first time buyers or people looking to use price falls for large gains. That's my point.

    Blacklight.

    Your point means nothing when you yourself cheer on HPI and thank any posts that talk of price rises.

    It really is the pot in this case screaming that the kettle is black.

    Considering many of the "bulls" predictions and refutes that prices can fall, I'm not sure why you are even bothered enough to create a thread out of this.
  • Batchy
    Batchy Posts: 1,632 Forumite
    just for the record under 35 yo here, on greater than 40k per year, buying a detached house in a VERY nice and secluded area with a less than 30k deposit. This in my opinion is a house worth living in, so on that basis its an opportunity im not going to let pass me by.

    I would say apart from others having bigger/smaller deposits and larger or smaller salaries, being a little older or younger most, are in a fairly similar position and want a similar thing " a house worth living in " its just about as simple as that, its not about being greedy its just about ensuring you get value for money.

    Just because its residential and that fact its come down in price has actually affected another person, I really dont think the fact the house that was brought 30 years ago for 10k which was once worth 220k say 2007 and has dropped down significantly is anything to be too worried about. Less worried about the fact this money is going into pay for someones car home. (this is the point that really annoys me) the poor children who suffered as their parents paid down a huge mortgage throughout their life time etc, and all along they were thinking a nice inheritance to secure them for the future. And its GOING down the pan, IMO. Social care really needs to be sorted. Hope tories get their way of 20k contribution being full and final payment on reaching retirement. And could care less about the price of houses into the future, as I dont plan to move for a very long time.
    Plan
    1) Get most competitive Lifetime Mortgage (Done)
    2) Make healthy savings, spend wisely (Doing)
    3) Ensure healthy pension fund - (Doing)
    4) Ensure house is nice, suitable, safe, and located - (Done)
    5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    Loopgames wrote: »
    Greedy? People who want to clear their mortgages are greedy? hhmmmm


    Welcome to the warped thinking of a debt-junkie.
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Considering many of the "bulls" predictions and refutes that prices can fall
    this is again where you get confused ...

    anyone that you classify as a 'bull' are those people who keep on telling you that prices will not fall by 50%. those people that you call 'bulls' are the more realistic.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    this is again where you get confused ...

    anyone that you classify as a 'bull' are those people who keep on telling you that prices will not fall by 50%. those people that you call 'bulls' are the more realistic.

    Mystic chucky returned to town I see.

    Thanks for telling me what I'm thinking. If that's the best you can do to refute my point, then I'm happy with that :)
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 28 July 2010 at 10:14AM
    Mystic chucky returned to town I see.

    Thanks for telling me what I'm thinking. If that's the best you can do to refute my point, then I'm happy with that :)
    i didn't once tell you what you were thinking or even what you weren't thinking - i replied to your point about 'bulls'. nothing else, nothing more :)

    it's good to see that you've used your predictable chewbacca technique to reply
  • Blacklight
    Blacklight Posts: 1,565 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Mystic chucky returned to town I see.

    Thanks for telling me what I'm thinking. If that's the best you can do to refute my point, then I'm happy with that :)

    No, you automatically assume anyone that doesn't share your enthusiasm for millions to live in negative equity is 'cheering for house price inflation'. It's black and white in your world it seems.
    Your point means nothing when you yourself cheer on HPI and thank any posts that talk of price rises.

    It really is the pot in this case screaming that the kettle is black.

    You won't find any instances of me saying 'thank the lord prices are rising! fantastic!', you will find some posts saying I think prices are likely to stay the same or perhaps come down.

    I think you might be getting confused.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Blacklight wrote: »
    No, you automatically assume anyone that doesn't share your enthusiasm for millions to live in negative equity is 'cheering for house price inflation'. It's black and white in your world it seems.

    If that's the case, and let's say I am automatically assuming...then surely you can see how hypocritical you are being here with all this greed stuff?

    In actual fact, I doubt you can :)

    I know. We could just say I'm confused? That may work. yes, let's go down that route. Good idea.
  • Blacklight
    Blacklight Posts: 1,565 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    If that's the case, and let's say I am automatically assuming...then surely you can see how hypocritical you are being here with all this greed stuff?

    Well no Graham. That's where you're going wrong. Assuming.

    Assuming one person thinks something because they don't think the exact polar opposite.

    In your world someone who doesn't think prices will 'fall of a cliff' in the very near future obviously thinks they will rise and obviously thinks this is a good thing and is obviously a hypocrite when they point out the blatant greed of people reveling in others misery to make large gains for very little work.
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