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Debate House Prices


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FTB's "Missing Deal Of A Lifetime"

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Comments

  • DervProf
    DervProf Posts: 4,035 Forumite
    Wait until the "The house at 200k is actually cheaper than the one at 150k" argument pops along. That's always ammusing.

    I can`t say I`ve heard that one before. I look forward to it.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 9 August 2010 at 1:00PM
    Only answered it about 3 times in response to the many times it's been used.

    You normally come back with something about a muddle.
    no you're Mr Muddle, i'm chucky

    2+2=7

    the usual Devon technique is to answer with something completely different which takes the discussion completely off tangent. the chewbacca technique.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    DervProf wrote: »
    IYes I feel strongly about house prices. I managed to buy this place on a modest income, with a 15% deposit and a 3.5 x income mortgage. I couldn`t do that today, and I feel there`s a problem with the property market in this country. Does that mean I should sell up ? :think:
    there is a bit of irony there - that you want house prices to be lower but you don't want your own house to depreciate in value because it won't allow you to live somewhere else.

    you want low house prices but won't do anything about it.

    all you're doing is looking after number 1 which has absolutely nothing wrong with it btw.
  • DervProf
    DervProf Posts: 4,035 Forumite
    chucky wrote: »
    there is a bit of irony there - that you want house prices to be lower but you don't want your own house to depreciate in value because it won't allow you to live somewhere else.

    you want low house prices but won't do anything about it.

    all you're doing is looking after number 1 which has absolutely nothing wrong with it btw.

    I see what you`re doing here, but it won`t work.

    I paid £x for my house. It is now worth £x + some. You are trying to imply that because I won`t give away the + some, that I`m being selfish. Well, yes, I am looking after myself. And no, I don`t think I`m being in any way hypocritical about not feeling happy about the amount of money my home may have appreciated.

    I didn`t buy my house to make money. I bought it for somewhere to live. I am not particularly happy that it is supposedly worth nearly 3 times what I paid for it.

    If there is a bit of irony, so be it. It won`t change my mind, and it won`t make me sell. I need somewhere to live, and I feel lucky that I bought when I did. I feel somewhat sorry for young people who can`t afford to buy their first home, or have to take on larger mortgages than I did to do so. I do feel some displeasure to those who seem to revel in HPI, and don`t want to consider the consequences of it.

    Fire away.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 9 August 2010 at 1:30PM
    DervProf wrote: »
    I see what you`re doing here, but it won`t work.
    not doing anything - promise :)
    DervProf wrote: »
    I paid £x for my house. It is now worth £x + some. You are trying to imply that because I won`t give away the + some, that I`m being selfish. Well, yes, I am looking after myself. And no, I don`t think I`m being in any way hypocritical about not feeling happy about the amount of money my home may have appreciated.

    I didn`t buy my house to make money. I bought it for somewhere to live. I am not particularly happy that it is supposedly worth nearly 3 times what I paid for it.
    it's perfectly normal - you're honest and upfront about. i don't see anything wrong with it.
    DervProf wrote: »
    If there is a bit of irony, so be it. It won`t change my mind, and it won`t make me sell. I need somewhere to live, and I feel lucky that I bought when I did. I feel somewhat sorry for young people who can`t afford to buy their first home, or have to take on larger mortgages than I did to do so. I do feel some displeasure to those who seem to revel in HPI, and don`t want to consider the consequences of it.
    as i said - good on you.

    at least you say what you feel and don't try to disguise it and spin it into something else like many others on here try to do. in a virtual internet complimentary way - it is admirable. at least you are honest and don't try to twist it into something it's not.
  • DervProf
    DervProf Posts: 4,035 Forumite
    edited 9 August 2010 at 1:46PM
    chucky wrote: »
    at least you are honest and don't try to spin it into something it's not.

    And that`s probably why I live in a modest property which is nearly paid for !

    I`m also a "visitor" from hpc.co.uk (as if you didn`t guess). I note that I`ve had a "pop" at the resident bulls Sibley and McTavish, but haven`t really had a decent response. They seem to have lost their edge, which is rather disappointing. I have tried to avoid spin and slanging matches. For that kind of content, see the posts from the two characters I just mentioned.

    Oh dear, I might have just started a slanging match ! Now that is hypocrisy ! :D



    Hang on a second.......

    "at least you are honest". But ?
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    DervProf wrote: »
    I`m also a "visitor" from hpc.co.uk
    i reckon you should stick around. it's always good to have new characters around - just don't bring some of the 'ghetto' from hpc.co.uk please... :)
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    there is a bit of irony there - that you want house prices to be lower but you don't want your own house to depreciate in value because it won't allow you to live somewhere else.

    you want low house prices but won't do anything about it.

    all you're doing is looking after number 1 which has absolutely nothing wrong with it btw.

    Is he maybe a hypocrite?!

    I do wonder, is he?!

    Blimey, I'm surprised. would never of guessed this was the route it would end up going down.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Is he maybe a hypocrite?!

    I do wonder, is he?!
    not at all - he's not tried to twist it and spin it like the usual suspects. if you feel that he is a hypocrite, you should let your feelings be known to Derv.
    Blimey, I'm surprised. would never of guessed this was the route it would end up going down.
    as he said he's not interested in spin or slanging matches - maybe you should attend the School of Derv for a few lessons.

    maybe then, there could be an end to people ripping the pi$$ out of you each day. :)
  • davilown
    davilown Posts: 2,303 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Linton wrote: »
    FTBers dont buy average houses, they buy cheaper houses. Average houses, on average, are bought by people trading up.

    And according to the Nationwide survey, the average house price is £169K
    Unfortunately, FTBs do buy average houses, and average house price 'round my way' are £250k.
    30th June 2021 completely debt free…. Downsized, reduced working hours and living the dream.
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