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Debate House Prices


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Why are posters so Obsessed with House Prices?

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Comments

  • Malcolm.
    Malcolm. Posts: 1,079 Forumite
    "I'm alright Jack" doesn't refer to your name being jack anyway ;)

    Oh Graham, mr feign ignorance and redirect conversations to argue over sophistry. I'm sure you can make intelligent posts when you want to. One day perhaps... ;)
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    Malcolm. wrote: »
    I believe it's possible to mortage against the rise in property price, thus benefiting from the current paper profit without having to sell.


    Yes it's called borrowing more money.

    Although it's sometimes called "unlocking the capital" or "equity release" or something similarly wholesome and appealing.


    It is the number one reason that HPI cheerleaders want prices to rise.
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Malcolm. wrote: »
    Oh Graham, mr feign ignorance and redirect conversations to argue over sophistry. I'm sure you can make intelligent posts when you want to. One day perhaps... ;)

    I'll follow your lead!
  • Malcolm.
    Malcolm. Posts: 1,079 Forumite
    I'll follow your lead!

    Redirection of conversation again! :)
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    nearlynew wrote: »
    Yes it's called borrowing more money.

    Although it's sometimes called "unlocking the capital" or "equity release" or something similarly wholesome and appealing.


    It is the number one reason that HPI cheerleaders want prices to rise.

    Give em a break. Gotta make that balloon payment on the car somehow!
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    nearlynew wrote: »
    Although it's sometimes called "unlocking the capital" or "equity release" or something similarly wholesome and appealing.
    financial efficiency by restructuring debt is an excellent tool to defeat that dirty thieving animal that is inflation
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 30 July 2010 at 3:48PM
    Give em a break. Gotta make that balloon payment on the car somehow!
    again... my name isn't jack and i bought my car cash.

    do you really know what a ballon payment is?
    <Graham opens new browser and goes to www.google.co.uk>
  • Malcolm.
    Malcolm. Posts: 1,079 Forumite
    Give em a break. Gotta make that balloon payment on the car somehow!

    How do you know it's a car(?), it might be one of these... :)

    Mitsubishi%20Warrior%20side.jpg
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Although that was one of the favoured choices of indebted trying to outdo each other in the neighbourhood, they are a bit old skool now. Wouldn't get you noticed anymore.
  • Exocet
    Exocet Posts: 744 Forumite
    Does it say Wankor on the side?
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