Crashers get ready with those big deposits!

mbga9pgf

Your day is nearly here.... :beer:

I bought a few months ago, but made it clear I fully expected a further 25% drop in prices. Whether we get to see another 25% is yet to be seen, but I truly believe the next few months HPI data is going to be shocking, and will knock confidence when public sector bodies will be reducing staff numbers significantly. I reckon we will be 5% down from the "recovery" peak by christmas time, it will take another 2 years to hit the trough, but if you have been clever, saved a massive deposit and are chain free, your day is about to arrive...


For those like Hamish who are expecting aneasy retirement paid for by increasing house prices, tough luck YOU LOST!:rotfl:

DPJames

Hamish does come across as a rather blinkered optimist and is eager to share any scrap bit of 'recovery' news he finds with us. Obviously he's entitled to his opinions and interest. I just don't enjoy reading the same posts of a man desperate to see prices sky rocket again. Infact i havent read anything with his name on it for ages now as you know what it's going to say, "House prices rise 0.002% on last month in a small rural community in North Wales". Is there a yawning smiley i can paste here?

Roll on us being able to afford the bigger house we haven't been able to afford for 5+ years.

Sibley

The problem is most of the crashers haven't got a large deposit. In fact they can't even pay their rent on time.

If house prices figures did start going down all sellers need to do is wait until they rise again. Last time we had all this crash talk nonsense sellers just took their houses off the market until prices rose again. Same movie all over again.

I actually think prices will rise this month. Just a little.

It's amazing watching the crashers getting all worked up these last 2 weeks. I'm really worried any house price rises now will send them over the edge.

Can we make a bargain now?

If there are any rises in data within the next 6 months can we agree a crash of 20% or more is off?

For that figure to be achieved there would need to be constant big drops.

I can't understand why the crashers think they will get their dream place cheap. People don't need to sell. Rates are so low. It's almost a pleasure paying the mortgage at the moment and believe me they ain't rising for a long time.

The only houses that will sell cheaply at the moment are the ones for sale. Even then I notice no crashers are saying they bought anything.

Wonder why?

brit1234

Sibley wrote: »

The problem is most of the crashers haven't got a large deposit. In fact they can't even pay their rent on time.

:rotfl:

Rubbish. Most people who saw the housing market bubble would of been saving waiting fr the crash. I have my large deposit saved. oh I can more than pay my rent and save a lot more.

HAMISH_MCTAVISH

mbga9pgf wrote: »

if you have been clever, saved a massive deposit and are chain free, your day is about to arrive...

Well that rules out most of the housing bears on here and hpc.

Not clever, below average homebuyer income, and too busy paying someone elses mortgage to save a big chunky deposit.

Although in fairness, a few KIPPERS may do alright if prices dip a bit, although hopefully they won't make the same mistake they did last time....

Get greedy and miss the bottom by a mile.:rotfl:

For those like Hamish who are expecting aneasy retirement paid for by increasing house prices, tough luck YOU LOST!:rotfl:

I've already guaranteed an easy retirement through rising house prices, because I own a mortgage free house, and the second house will be paid off in less than a decade now.

I'm many tens of thousands ahead by buying in 2007 instead of renting since.

Thanks in part to all the crashers subsidising our borrowing.

Thanks for that. Very decent of you.:beer:

Wookster

Sibley wrote: »

In fact they can't even pay their rent on time.

Where do you get this nonsense from?

Graham_Devon

HAMISH_MCTAVISH wrote: »

Not clever, below average homebuyer income, and too busy paying someone elses mortgage to save a big chunky deposit.

Thanks in part to all the crashers subsidising our borrowing.

I'd like to know what you expect people to do.

You want rising house prices so more are priced out, yet call them stupid for renting, and then thank them for subsidising your borrowing as the economy is so screwed because what you want is never sustainable.

I'm not even sure what you do want anymore. Your tact seems to have changed. Used to provide some analysis. Yet now it's dwindled down to 28 day data in Aberdeen and slagging off anyone who hasn't got as much as you.

Exocet

HAMISH_MCTAVISH wrote: »

I've already guaranteed an easy retirement through rising house prices, because I own a mortgage free house, and the second house will be paid off in less than a decade now.

I'm many tens of thousands ahead by buying in 2007 instead of renting since.

I'm six feet tall and can bench press 250kg. I have one wife in this country and two overseas. My 17 children are all graduated, and they each live in a million pound house. I drive a Bentley during the week and a Carrera for relaxing. I own three racing horses. I have property in London, Cornwall, San Francisco and Aberdeen. My penis is so large it is featured on Google maps. I am friends with the Blairs, the Mugabes and Paris Hilton.

nembot

Bit of a generalisation Sibber's, I could keep ticking over nicely paying both the rent in here and the mortgage on the place I rent out, indefinite void periods wouldn't affect me at all - apart from the missing rental income obviously.

The question is, how many of the landlords who joined the BTL madness in the last few years could?

phil_b_2

mbga9pgf wrote: »

Your day is nearly here.... :beer:

I bought a few months ago, but made it clear I fully expected a further 25% drop in prices. Whether we get to see another 25% is yet to be seen, but I truly believe the next few months HPI data is going to be shocking, and will knock confidence when public sector bodies will be reducing staff numbers significantly. I reckon we will be 5% down from the "recovery" peak by christmas time, it will take another 2 years to hit the trough, but if you have been clever, saved a massive deposit and are chain free, your day is about to arrive...


For those like Hamish who are expecting aneasy retirement paid for by increasing house prices, tough luck YOU LOST!:rotfl:

A truly bizzare and random post, even by your standards.

StevieJ

mbga9pgf wrote: »

but if you have been clever, saved a massive deposit and are chain free, your day is about to arrive...

You are obviously not very clever then