MSE News: Nationwide: house prices continue to drop

Sibley

hi sibeley. how ya doin

I swear to god that's not me.

I do use Bangkok_Dave on my work pc as I've said before. My company security doesn't do personal e mail address's.

I'm not that into house prices today. Fair enough bears. Any drop news is good for you.

I've just brought home my new Akita puppy.

Got my hands full at the moment.

Graham_Devon

poppycod wrote: »

:mad:

Dont see any reason why you have to get so abusively rude and call people "morons".

Least it backed up my own theory in reply to him last night

http://forums.moneysavingexpert.com/showpost.php?p=37917148&postcount=64

Trying to hard is the first step towards failiure.

I think your on about the third now

IveSeenTheLight

Graham_Devon wrote: »

Hmph. I was told house prices only ever go up when I got on the ship

Over the course of your voyage (mortgage) they innevitably will

The shipe is just diverting past some troubled waters

JonnyBravo

poppycod wrote: »

:mad:

Dont see any reason why you have to get so abusively rude and call people "morons".

Can you not come up with a new song to cheer us all up? Your last effort was one of the moments of pure class in this forum.

:j

chucky

Graham_Devon wrote: »

Least it backed up my own theory in reply to him last night

http://forums.moneysavingexpert.com/showpost.php?p=37917148&postcount=64

the victim routine is quite predictable...

you reap what you sow... if you don't want to be highlighted as being "a bit daft" don't try and be the clever man because you're clearly not...

IveSeenTheLight

AD9898 wrote: »

I'll tell you what lax lending is, it's banks lending 4x joint salaries, which some turkey that someone was talking about on here 2 days ago took out. So in some ways it's still happening.

Banks should self regulate or be forced to stick to 2.5 joint as a max, let prices fall, then the market can recover, future mortgage debt can be reduced, leaving people more money to spend in the economy along without the threat of repossession if base rate should rise.

Why are you so adamant that looking at only income is the key instead of inderstanding the expenditure.

Affordability is the key and two data sets with the same income could have vastly different expenditure, deposits etc.

IveSeenTheLight

Graham_Devon wrote: »

In all honesty, it's only worth it if she's on a very good salary, or if she's happy to go to work purely to pay for childcare.

This is one of the big problems with offering 4,5,6x mortgages to a couple who are likely to have kids.

It's all well and good if they both stay in work, no illness at all, and no kids. But I've seen it happen myself. Not only to my parents, but also people I know. Loss of a job, or an illness, and on top of those worries, you find yourself unable to afford your home, as you were reliant on two incomes. My parents were fine, until my dad was struck out of the blue with a disability.

You can't live your life by "what if's"
If you did you'd never cross the road "What if a bus was to come and knock me down"

My wife and I stretched ourselves initially and worked extremely hard to reduce the mortgage such that we are now confortable on a single income salary and she can stay at home to look after the kids.

Many things can be achieved with a bit of planning, commitment, dedication and will.

Heyman_2

JonnyBravo wrote: »

Can you not come up with a new song to cheer us all up? Your last effort was one of the moments of pure class in this forum.

:j

Here's one [STRIKE]dervish[/STRIKE] poppycod, you'll like this one -

Take a pinch of white man
Wrap him up in black skin
Add a touch of blue blood
And a little bitty bit of red indian boy
Oh like a curly latin kinkies
Oh lordy, lordy, mixed with yellow chinkees, yeah
You know you lump it all together
And you got a recipe for a get along scene
Oh what a beautiful dream
If it could only come true, you know, you know

What we need is a great big melting pot
Big enough enough enough to take
The world and all it's got
And keep it stirring for
A hundred years or more
And turn out coffee coloured people by the score

Rabbis and the friars
Vishnus and the gurus
We got the beatles or the sun god
Well it really doesn't matter
What religion you choose
And be thankful little mrs. graceful
You know that livin' could be tasteful
We should all get together in a lovin machine
I think I'll call up the queen
It' s only fair that she knows, you know, you know

What we need is a great big melting pot
Big enough enough enough to take
The world and all it's got
And keep it stirring for
A hundred years or more
And turn out coffee coloured people by the score

Coffee coloured people
Coffee coloured people
Coffee coloured people by the score

Cleaver

brit1234 wrote: »

The nationwide figures are great news, that about anothe £1,500 saving for me this month.

I'm actually seriously starting to think that you really do think this simplistically Brit.

DervProf

Sibley wrote: »

I've just brought home my new Akita puppy.

Got my hands full at the moment.

How fortunate.

You won`t have time to dwell on........

Bangkok-Dave wrote: »

Another piece of hard evidence.
No way are house prices ever going down.