When did you realize house prices would not crash?

FTBFun

Out,_Vile_Jelly wrote: »

Could you lend me £200k to buy a flat in London please?

That's one hell of a deposit. We can't all live in Kensington

Sibley

God, there are some mad people in the world. I was reading on HPC.co.uk, some people have waited up to 10 years for a crash before buying... do they not realise that instead of wasting something trivial like money, (which they can make more of) they are wasting something vastly more important and scarce... time. I think they have this idea in their head that there is a reset button, why waste the best years of your life over what is essentially a very material gain. Fair enough be smart if you have the opportunity to prosper from it, but not at the cost of waiting and wishing for 10 years or more.

I don't think they have waited. More like they haven't had the money or credit rating to buy.

They need a massive crash so they can afford a place. As time goes on and prices rise they get more desperate and twisted up.

10 years of paying a mortgage would have made a hole in it. All they have managed to do is pay one of he people they claim to hate ie landlords mortgage off.

I've always said a couple of them ought to have got together and bought a house. They would be on ladder now instead of priced out.

quantic

Sibley wrote: »

I don't think they have waited. More like they haven't had the money or credit rating to buy.

They need a massive crash so they can afford a place. As time goes on and prices rise they get more desperate and twisted up.

10 years of paying a mortgage would have made a hole in it. All they have managed to do is pay one of he people they claim to hate ie landlords mortgage off.

I've always said a couple of them ought to have got together and bought a house. They would be on ladder now instead of priced out.

Na this is not true in most cases, IMHO. A lot of them sit with 25-100k in savings, while renting, feeling like they are bullet proof. Spend there life planning for a rainy day.

I don't know, I think there is a thin line between being smart and frugal and being obsessive.

Blacklight

Sibley wrote: »

I don't think they have waited. More like they haven't had the money or credit rating to buy.

They need a massive crash so they can afford a large 3-4 bed place without a mortgage as a first home. As time goes on and prices rise they get more desperate and twisted up.

10 years of paying a mortgage would have made a hole in it. All they have managed to do is pay one of he people they claim to hate ie landlords mortgage off.

I've always said a couple of them ought to have got together and bought a house. They would be on ladder now instead of priced out.

Had to pick you up on that.

I read something someone wrote just the other day where they said they were living in a flat, on their own, paying rent.

They said 'I never imagined that I'd be living like this'. Which just about sums it up. Being wrapped in cotton wool all your childhood has led to fantasy land thinking about moving out of mum and dad's into a large thatched cottage in the county and buying it outright so you can concentrate on paying off your student loan... sorry it's just not reality.

Get in the real word. Or don't and end up paying rent for 10 years waiting for prices to reduce 90% so you can live the dream for nothing and end up all bitter and twisted.

Aberdeenangarse

Sibley wrote: »

They need a massive crash so they can afford a place. As time goes on and prices rise they get more desperate and twisted up.

Agreed. They're all getting pretty desperate now. Think they'll be able to live in Luxury in the US.

http://www.housepricecrash.co.uk/forum/index.php?showtopic=154370

Only place likely to accept them, would be Guantanamo bay :rotfl:

angrypirate

You bulls are getting really childish... No wonder some of you got kicked off HPC for trolling. You better watch your mouth otherwise you'll get kicked off here too. Oh, hang on, you've all got multiple usernames....

Aberdeenangarse

angrypirate wrote: »

Oh, hang on, you've all got multiple usernames....

What's yours? Jolly Roger :rotfl:

ruggedtoast

I notice realistbear is threatening to leave the country now. Don't know why he still bothers posting.

Graham_Devon

StevieJ wrote: »

As far as I am aware it is not about houses either, could be about Tulips though

Even more reason not to take 90% house falls from it.

I dunno what it is really.

All I do know is it looks pretty, appears to link in with house prices, though you do need to choose the right timeframes etc, and it creates a fuss everytimes it's posted.

For example, if you post this graph of house prices, it looks pretty familiar...



Post another house price graph, and it looks nothing like it.

Whatever it is...it's not liked!

Graham_Devon

Blacklight wrote: »

Get in the real word. Or don't and end up paying rent for 10 years waiting for prices to reduce 90% so you can live the dream for nothing and end up all bitter and twisted.

Talking about this....wheres Hamish, the messiah for FTB's, crying on their behalf over mortgage famines or whatever and the nasty banks and nasty US peeps who caused all this misery for the poor FTB's?