12 pages of excitement over on hpc

Heyman_2

Graham_Devon wrote: »

You mean pay the market price for the house?

Cheap is a relative term. Can get cheap houses now, compared to the average price in the street.

"Can pay less" (or fewer) for a house, would be more appropriate.

Or in many peoples terms "take on less debt for a house".

Well you can nitpick about the fact I said 'cheap' rather than 'cheaper'. I could also nitpick that your 'paying less' for a house doesn't necessarily mean 'taking on less debt'.

The fact is, like I said, HPC.co.uk is all about house prices crashing and that people who want that to happen are going to be on their boards cheering it on no matter what the consequences. Up to them really, it's not going to make it any more or less likely.

Graham_Devon

Graham_Devon wrote: »

To be honest, even though I disagree with the initial comment and the excitement over it, it's no real different to getting the tissues out when rents go up and more people are having to rent, and "the bears bought this on themselves, and now can't afford to buy, its delicious".

And heres a perfect example, of basically being happy about the fact that a potential buyer is finding it harder to buy...

http://forums.moneysavingexpert.com/showpost.php?p=38215772&postcount=139

2 different scenarios. One set of people basically rubbing another set of peoples faces in it as they lose out to lower prices, and another set of people rubbing faces in it as they lose out to HPI.

Ones seen as abhorent by the first set, another is seen as abhorent by the second set. Both are basically exactly the same.

Heyman_2

Graham_Devon wrote: »

Both are basically exactly the same.

And yet I have more sympathy for the guy losing his job after buying a house when prices were 20% down than Brit '50% down by Christmas 2009' 1234.

Isn't that strange?

THE_GHOULS_PARADISE

Graham_Devon wrote: »

And heres a perfect example, of basically being happy about the fact that a potential buyer is finding it harder to buy...

http://forums.moneysavingexpert.com/showpost.php?p=38215772&postcount=139

2 different scenarios. One set of people basically rubbing another set of peoples faces in it as they lose out to lower prices, and another set of people rubbing faces in it as they lose out to HPI.

Ones seen as abhorent by the first set, another is seen as abhorent by the second set. Both are basically exactly the same.

They are NOT the same. It is more abhorrent to wish young families jobless and homeless. FTB can still happily rent and work if they are priced out. Or take on 2 jobs if they want to buy. Bulls support the economy, the ghouls and vultures want it destroyed.

torontoboy45

ooh, that 'pent up' character comes across as a real charmer.

and just when I thought my faith in human nature had been restored. disgraceful.

brit1234

Sibley wrote: »

Now the latest figures prove there will be no crash. They will be more bitter and twisted than ever.

What do you mean Nationwide down, land registry down, asking prices down, 3 month Halifax figures down.

I put it that suggests house prices are crashing especially as the september bounce never came and went negative with increasing supply and little buyers.

Sibley you are in your little world of make believe. :beer:

JonnyBravo

brit1234 wrote: »

What do you mean Nationwide down, land registry down, asking prices down, 3 month Halifax figures down.

I put it that suggests house prices are crashing especially as the september bounce never came and went negative with increasing supply and little buyers.

Sibley you are in your little world of make believe. :beer:

You're right he is.

Thing is, so are you.

You, too, blindly stick to your guns no matter what. When prices started to rise last year you also started to play the YoY and 3 month average figure game.

I'm happy being able to say I have no idea what is going to happen..... but am able to accept whatever does happen without the need to rubbish it.

But it would be boring here without the zealots on both sides.

System

brit1234 wrote: »

What do you mean Nationwide down, land registry down, asking prices down, 3 month Halifax figures down.

I put it that suggests house prices are crashing especially as the september bounce never came and went negative with increasing supply and little buyers.

Sibley you are in your little world of make believe. :beer:

What's your opinion on house prices where you live?

nearlynew

I love rewired

Graham_Devon

Heyman wrote: »

Well you can nitpick about the fact I said 'cheap' rather than 'cheaper'. I could also nitpick that your 'paying less' for a house doesn't necessarily mean 'taking on less debt'.

The fact is, like I said, HPC.co.uk is all about house prices crashing and that people who want that to happen are going to be on their boards cheering it on no matter what the consequences. Up to them really, it's not going to make it any more or less likely.

I think you are taking a very simplistic approach to the point of waiting to buy a house.

You are merely saying "they hope to get a cheap house".

It's more than that. It's about the size of the mortgage payments, the size and length of the debt, the security having less debt gives you.

Not forgetting the opportunities reducing the size of debt you have allows you.

It's not greedy. Only those already invested in houses and wanting to see them rise, see this as greedy. And I really can't see why. How can waiting out, at a volitile time, in order to reduce your debt and outgoings, be greedy?

It seems to me if they don't win the gamble, they are stupid, if they do, they are greedy.

The ONLY time it can be called greedy is when someone sees that person waiting, and getting something for less, when you yourself are invested and have lost out. That's the only way people can describe waiting to buy as in any way greedy. They are not, but for that other persons gamble to pay off, yours has to have failed....so people find various ways to slag off the other person.

I know you haven't said any of this on this thread, I'm just off on a tangent, but I just saw that "in the hope of gettign a cheap house" thing as a bit of a mock on someone else, because maybe it will mean they have prospered more than someone else who's invested previously.