ConservativeHome: We Need House Prices To Go Up

Percy1983

IveSeenTheLight wrote: »

I take it you agree with the above Percy?

I only know one of my grandparents, and she owns her bungalow.

JonnyBravo wrote: »

We are both getting someone else to pay them off.
I'm providing a house in return, you are giving your OH the benefit of your company each and every day.
I know which "parasite" I'd rather be associated with. :T

Well lets see, My OH paying my debts is a short term sum to which if we where to count will be paid back in full many times over.

Since your Tenant has paid the mortgage for you will you let her keep the house at the end of it?

So I take and give back, the term equilibrium comes to mind. You take and give nothing back the term parasite comes to mind.

Make sense?

HAMISH_MCTAVISH

nembot wrote: »

No, the cake is a lie.

Bakers are all liars and thieves.

Keeping the Flour price index up at artificially high levels.

JonnyBravo

Percy1983 wrote: »

Well lets see, My OH paying my debts is a short term sum to which if we where to count will be paid back in full many times over.

Since your Tenant has paid the mortgage for you will you let her keep the house at the end of it?

So I take and give back, the term equilibrium comes to mind. You take and give nothing back the term parasite comes to mind.

Make sense?

I take money and give her accomodation. You seem to be confused (not to mention angry).

You take money off your girlfriend and tell her (and us) you'll pay her back many times over... in the future. Jam tomorrow.

I now know what you remind me of....

You're one of naerlynews "debt-junkies" arent you?

Percy1983

Quite far from a debt junkie, I got some debt in my younger training days and I now have the income to pay it back and never want any debt again (well ok a mortgage). I will add I was never over my head and have never missed a single payment.

Now my point is houses don't depreciate, fair enough to rent a car out and make money as the car will be worth less by the end of it, where as a house generally won't go out of date and get structurally worn out so in general terms you get it back at the end and its worth the same as when you started.

Just on the bigger question is it morally right that you tenant should hand you enough to money to pay for the house but never actually own it? yes or no?

JonnyBravo

Percy1983 wrote: »

<snip some stuff to justify your debt>

Now my point is houses don't depreciate, fair enough to rent a car out and make money as the car will be worth less by the end of it, where as a house generally won't go out of date and get structurally worn out so in general terms you get it back at the end and its worth the same as when you started.

Just on the bigger question is it morally right that you tenant should hand you enough to money to pay for the house but never actually own it? yes or no?

Yes, it's morally fine. Why wouldn't it be?

You can only rent out something that depreciates? Don't make me laugh. No, actually go on, make me laugh, why is ok to rent something which depreciates or wears out but not something which doesn't?

Cleaver

Percy1983 wrote: »

Just on the bigger question is it morally right that you tenant should hand you enough to money to pay for the house but never actually own it? yes or no?

Yes.

When I was at university I wanted to rent a house, not buy one. A landlord rented me one, I was happy with the arrangement and so was he.

As another example, when my wife and I first lived together we didn't want to buy as we'd only been going out 8 months and were also planning to change jobs. A landlord rented us a flat, we were happy with the arrangement and so was he.

These situations are both morally fine, aren't they?

It's a bit of a myth perpetuated by this forum that all tenants are an angry, seething bunch who really hate handing over their money each month. There will of course be some like this, but the majority rent because it pretty much suits them for one reason or another. Even those that begrudge handing over rent a little bit because they'd prefer to buy don't have quite the chip on their shoulder that this forum seems to think they have.

DervProf

HAMISH_MCTAVISH wrote: »

Bakers are all liars and thieves.

Keeping the Flour price index up at artificially high levels.

So that`s how they make all that dough.

Percy1983

But to say it again, FTB's have been in competition with parasites forcing prices up, in forcing prices up it has priced people out to which then are forced to rent off said parasites.

Yes there is people who rent through choice for one reason or another, but there is many more who ahve to rent as they can't afford to buy, but they can't afford to buy because there is some many up for rent.

If there wasn't so many properties bought to rent then prices would be lower meaning less would need to rent, essentially you are creating you own market for your own selfish needs.

As I say I can afford to buy at current prices and mostly probably will end up doing so (unless anything drastic happens in the next year), but I am happy about being ripped off along with the rest of us who were born too late, far from it.

DervProf

Percy1983 wrote: »

But to say it again, FTB's have been in competition with parasites forcing prices up, in forcing prices up it has priced people out to which then are forced to rent off said parasites.

Yes there is people who rent through choice for one reason or another, but there is many more who ahve to rent as they can't afford to buy, but they can't afford to buy because there is some many up for rent.

If there wasn't so many properties bought to rent then prices would be lower meaning less would need to rent, essentially you are creating you own market for your own selfish needs.

As I say I can afford to buy at current prices and mostly probably will end up doing so (unless anything drastic happens in the next year), but I am happy about being ripped off along with the rest of us who were born too late, far from it.

Very correct, sir.

DervProf

DervProf wrote: »

Very correct, sir.

With one exception. FTBers aren`t in competition with potential purchasers of LED TVs (Graham_Devon will probably agree with me on this).