Crashers get ready with those big deposits!

ruggedtoast

HAMISH_MCTAVISH wrote: »

We could have afforded a nice flat or small house. It would have been perfectly suitable.

:rotfl:

Except it wasnt was it?

No it really wasnt "quite suitable", it wasnt suitable at all, which was why you didnt buy it.

You got a handout from the parents so you could buy somewhere that was suitable , then sat on your behind watching double digit house price inflation completely lock millions of people younger than you out of the housing market.

And then you have the temerity to turn up here judging and mocking them for wanting prices to go back to the level they were for you, and attributing derogatory labels like "crashaholic" to people who are in exactly the same situation you were when you were young and got your leg up.

Marvellous.

Edit: This is priceless by the way:

I see you're still a bunch of whiners, with delusions as to how hard it has always been for everyone, and a complete failure to realise how lucky you have it compared to our generation.

Yes it sounds like you had it really hard. Try saving your own money and getting on the ladder at todays prices then come back and talk about things being hard.

nearlynew

Now you know what I mean when I say McTittish is a very silly boy.

Sibley

Nonsense.

Crashaholics are trying to game the system by wishing for a recession, crash, misery mass unemployment and evictions/reposessions so they can "snap up a bargain".

Dress it up any way you like, it's a morally repugnant position.

I wholeheartedly agree with this statement.

This is exactly the reason I like going head to head with certain uber bears. I don't mind the people who are taking a chance waiting for a crash. What I do object to is the vile scum hoping and dreaming society and everything in it falls. Just because they have failed in their lives and have a chip on their shoulder. I think we can all tell the difference. People posting every scrap of bad news not related to house prices.

Losers.

Treat them with the contempt they deserve. They ought to take a means test before being allowed to post on housing threads. How would you feel if you found out Eric Prebble, Graham Devon, Bloo Loo and co were actually bankrupt DHSS claiments living on the 180th floor in some manky council block?

How would you know? You only take their word for it that they are normal working people. I don't believe anyone who holds down a job could have such negative views on the UK and want it to fail.

They must be Big Issue sellers living in tunnels under Manchester airport.:)

neas

Tis thread should be renamed... Hamish gets it . Still love it though and must admit... if i were you hamish id invest in a new username again.

nearlynew

neas wrote: »

Tis thread should be renamed... Hamish gets it . Still love it though and must admit... if i were you hamish id invest in a new username again.

McTittish has finally been exposed as the HPI cheerleading debt-junkie chancer that he is.

FTBFun

nearlynew wrote: »

McTittish has finally been exposed as the HPI cheerleading debt-junkie chancer that he is.

Saves having an argument with him, doesn't it?

That's just way too much effort - let's try character assasination insead.

HAMISH_MCTAVISH

ruggedtoast wrote: »

Except it wasnt was it?

No it really wasnt "quite suitable", it wasnt suitable at all, which was why you didnt buy it.

You got a handout from the parents so you could buy somewhere that was suitable ,

You're so full of drivel today I'm surprised you can type it all....

Of course a smaller place would have been suitable. We didn't need to buy the size of place we did, (a large detached) as evidenced by the fact we bought a much smaller and cheaper one a few years ago which we now live in.

Sure, it's a nice house, and indeed it is well out of the range of most FTB's today. Just as it was then. But had we not had a gift we would have been quite happy to buy a smaller place.

You seem to be making the assertion that only a large detached house in a nice area is suitable for FTB's. Because that is what we bought.....

Obviously, it's a bonkers argument, and I'm surprised you've been suckered into making such a credibility destroying assertion, just to attack me.

Ah well....

Yes it sounds like you had it really hard.

We had 15% interest rates..... We had it MUCH harder than the young of today.

As repeatedly proven by the data showing buyers today spend less of their income on mortgage repayments than our generation did, by a long shot.

Try saving your own money and getting on the ladder at todays prices then come back and talk about things being hard.

Did that, 3 years ago. Didn't use 'equity', just saved up a deposit and bought.

Graham_Devon

HAMISH_MCTAVISH wrote: »

You're so full of drivel today I'm surprised you can type it all....

Of course a smaller place would have been suitable. We didn't need to buy the size of place we did, (a large detached) as evidenced by the fact we bought a much smaller and cheaper one a few years ago which we now live in.

Sure, it's a nice house, and indeed it is well out of the range of most FTB's today. Just as it was then. But had we not had a gift we would have been quite happy to buy a smaller place.

Oh come on Hamish, you are on record on here saying a flat isn't what you wanted, so wouldn't buy it. This is the last time this came up.

We had 15% interest rates..... We had it MUCH harder than the young of today.

Of course, you are forgetting the benefits of wage inflation in the same period.

As repeatedly proven by the data showing buyers today spend less of their income on mortgage repayments than our generation did, by a long shot.

Based on the lowest interest rates in 300 years. It's hardly a surpsie. Interest rates, which of course, no one actually buying a house today can take advantage of...but let's not let that little issue get in the way of your point

One minute you are arguing this point, the next minute when bears use the low rates to make a point about what happens when ythey go up, you argue most are actually on fixes, therefore won't be effected. In other words, you swing both ways, dependant on what you want to prove.

HAMISH_MCTAVISH

Graham_Devon wrote: »

Oh come on Hamish, you are on record on here saying a flat isn't what you wanted, so wouldn't buy it. This is the last time this came up.
.

Could have bought a terrace, a small semi, a cottage or a flat all by ourselves.

As could people in our jobs in the same area at the same point in their life today.

We were only able to buy a large detached with help. As is the same today.

The lot of you are merrily making my point for me, and don't seem to realise it.

HAMISH_MCTAVISH

Graham_Devon wrote: »

Based on the lowest interest rates in 300 years. It's hardly a surpsie. Interest rates, which of course, no one actually buying a house today can take advantage of...but let's not let that little issue get in the way of your point

No Graham, those stats are based on the average percentage of income for new first time buyers used to pay the mortgage.

And they're around half the level today that they were in 1990 when we bought.

Even in 2007, they were significantly lower than in 1990 when we bought.