We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Here`s the thing......

2456712

Comments

  • Sibley there's a difference in you than the average bear, you are a grafter as your life story clearly indicates which is why it's worked out for you. Bears today put their lifes on hold, sit on their fat !!!!!! online all day, and moan about silly little injustices, meanwhile the rest of us knuckle down get on with our lifes and living. Not one person should have any once of sympathy for these people wishing ill on others.
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    Sibley wrote: »
    That's actually spot on in my case for sure.
    I worked really hard to get my house. Lived in some dives and never got 1 pence help from anyone.

    At the end of the day I was still lucky I bought at a time just before house prices went into hyperspace. Saying that, where there is a will there is a way. If an average earning bloke is having £25,000 a year and his girlfriend £15,000 I can't see why they can't buy a first home. Flat around £100,000 or 2 up 2 down in need of a bit of work.

    Admit it's different ball game in London but that's not reality anymore. Most other towns have places for around the 100k mark and that's where people should start.

    Do the nasty bears actually realize how hard some people work to get a place?

    No sob story here. I'll tell you how I managed to buy my house.

    I was 30 years old and divorced. Had to move back in with my parents. Total possessions. I x E reg XR2 Fiesta and 10 black dustbin bags full of work clothes.:)

    My take home pay was £900 per month. £200 was going to my mum, £100 petrol and £225 to CSA.
    It was grim. An average flat was around £400 a month where I came from. So I was priced out big time. Chances of saving any sort of deposit were not good either.

    I decided to do something about it.

    Picked up the Sun one day and looked in the job ad's. Some company was after most trades people in Germany. Money was good for late 80's. I think take home was £2000 a month ish.

    I applied and got a start. It was a real shock over there. Hard living. Shared a manky bedsit with a druggy to start with. Got through the first few months though. Got my head down, saved, paid my ex wife and came home after 2 years with a decent deposit.

    Bought a small house, let a room to a mate and went back to Germany. Worked 7 days a week for a number of years and now am lucky to be able to take my foot off the gas a bit.

    I happy that house prices have gone up. Why should I hope prices fall?

    I never used to enjoy reading I was a sheeple or scumbag and people were hoping I would lose my home.


    So after 20 years of decent earnings and the two biggest housing bubbles in history all you have is a suburban semi in britain and a hovel in thailand?

    No wonder you want prices to rise. It's your only hope.


    What a loser.
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • DervProf
    DervProf Posts: 4,035 Forumite
    Sibley wrote: »
    At the end of the day I was still lucky I bought at a time just before house prices went into hyperspace.


    Same here, but that`s where the similarity ends. I don`t want house prices to stay in hyperspace.

    Unlike you, I didn`t have to "sell a vital organ" to buy my first home. I was lucky enough to be able to work reasonably hard (sometimes 7 days a week, sometime 6, but mostly 5). I don`t think it`s a good thing that the current generation should be in a position to have to work like demons just to get a chance of home ownership. It`s 2010, aren`t things supposed to be getting better for us all ?
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • Malcolm.
    Malcolm. Posts: 1,079 Forumite
    edited 5 December 2010 at 11:08PM
    Sibley there's a difference in you than the average bear, you are a grafter as your life story clearly indicates which is why it's worked out for you. Bears today put their lifes on hold, sit on their fat !!!!!! online all day, and moan about silly little injustices, meanwhile the rest of us knuckle down get on with our lifes and living. Not one person should have any once of sympathy for these people wishing ill on others.

    Been banned much?
  • Malcolm.
    Malcolm. Posts: 1,079 Forumite
    DervProf wrote: »
    It`s 2010, aren`t things supposed to be getting better for us all ?

    Only if you believe politicians.
  • Malcolm.
    Malcolm. Posts: 1,079 Forumite
    To be fair I doubt if anyone takes the inane ramblings of these two on the subject of the UK housing market very seriously. I mean Hamish lives in the middle of nowhere. Whereas Sibley lives in a shack in a Third World slum. :rotfl: They couldn't have less credibility if they tried.

    Shacks in a third world slums don't have internet access.
  • DervProf
    DervProf Posts: 4,035 Forumite
    Sibley wrote: »
    I happy that house prices have gone up. Why should I hope prices fall?

    So that other people might have a slightly easier time than you did ?

    Oh no, that`ll never do. You had it tough, so everyone else should.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I bought my house in the middle 80s boom but I don’t want to see it's value crash but I would be quite happy if prices stagnate for a while and prices came down in real terms as I think this would benefit FTB without hurting people who are already buying.
  • DervProf
    DervProf Posts: 4,035 Forumite
    That`s what it`s all about for property bulls. They are mostly homeowners (often multiple homeowners) who are sitting on top of the pile. They worked bloody hard for all that equity, and they don`t want to loose it. So what do they do ? They tell prospective buyers that they should work hard too, and one day they will be sitting on top of the pile. They rely on prospective buyers working hard, otherwise that pile won`t be quite as big. Heaven forbid.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • A._Badger
    A._Badger Posts: 5,881 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    DervProf wrote: »
    That`s what it`s all about for property bulls. They are mostly homeowners (often multiple homeowners) who are sitting on top of the pile. They worked bloody hard for all that equity, and they don`t want to loose it. So what do they do ? They tell prospective buyers that they should work hard too, and one day they will be sitting on top of the pile. They rely on prospective buyers working hard, otherwise that pile won`t be quite as big. Heaven forbid.

    Yes, heaven forbid people should work hard.

    Why, without that Protestant Work Ethic nonsense we could be as successful as... as... Greece?
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.7K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.