Debate House Prices


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I want a property crash, does not mean there will be one.

It seems wherever and when ever the subject of will there be housing crash is raised third world war breaks out. The old adage of never discuss politics or religion at party's if you want to remain friends with everyone can safely include property onto that list.:)

My post now is not going to be bearish but will be from a man that hopes and preys for a property crash.
It does not take a rocket scientist to now realise that the long awaited property crash by many is not taking the form that many thought it would. Remember those years when many were saying that all those taking out MEW(mortgage equity withdrawl) would one day pay the price, remember those that said the Banks would one day get into serious trouble through bad lending and the house of cards would collapse, well the banks did collapse but the show still carried on.
Argument after housing crash argument has just crumbled, one by one those that were very Bearish have questioned their thinking, just look at housepricecrash.co.uk to see that, and one by one the contributors are being banned. It has now reached the point where the most bearish have now turned bullish, i think we all know the story of RB for example.

But for all the failure of a property crash unfolding, it still does not take away the one core argument that many have, HOUSING IN THE UK IS A MESS.
The aspirations of millions of hard working people is being destroyed, many young adults who if they were just allowed that seed of hope of buying property and starting a family would in my opinion remove much of the social problems we have today. It's not as if those that just cannot get on the ladder are lower down the educational food chain, i am talking skilled educated people here.

We are not building in this country, we allow speculators to play about with our homes like some kind of monoply game, MP's included. Property is not being built in order to ramp the price of people that do own it, it's a disgrace.
Only the other day i witnessed an financial advisor approach a rich chav widow i know who has a bigger shoesize than IQ about buying into a great property deal he could get her into(bless him). She purchased three flats without having a clue what she was doing, the only goal is to make her even more money and stuff everyone else, whether it will or not doesnot matter.

It's now "no hope Britain", for you hoping to see salvation through HPC, forget it!
There is something seriously wrong in this Country, so what needs to be done?. At this point i ask(even though they won't) those property Bulls to now just stay away. We know the story of those in negative(or will be) equity and those that are heavily invested, we are just looking after ourselves thanks, what are we going to do?.

Many of us did not get into huge debt, we saved and worked hard. To now sit back and watch those with massive debts just written off, or interest rates kept so low because of those that took on more debt than they could afford is morally wrong, and to be honest i am more than just a little angry. Houses that are not having the mortgage paid still be prevented from repossesion because of the poor homeowner, WHAT ABOUT THE POOR "NEVER WAS A HOMEOWNER THAT WANTS TO BE ONE".

I am seriously ready to start cracking heads, and it won't be long before some of us need to start getting down into the gutter. As for housepricecrash.co.uk, you are just pathetic.


The Fox
«134

Comments

  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Why the hell is there suddenly millions of threads about housepricecrash.com. For goodness sake, let another forum talk about what ever they want to talk about.
  • Cleaver wrote: »
    Why the hell is there suddenly millions of threads about housepricecrash.com. For goodness sake, let another forum talk about what ever they want to talk about.

    What are you on about?
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    The_Fox wrote: »
    What are you on about?

    Lots of threads being started that bang on about HPC. Would you like me to phrase this in a third way?
  • HPC started it.
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    HPC started it.

    When you get banned again what's your new name going to be? May I suggest one of the following:

    ROMEO_AND_GHOULIET

    THE_MOTLEY_GHOUL

    EXCEPTION_THAT_PROVES_THE_GHOUL

    GHOUL_OF_THUMB

    A_MERRY_GHOULTIDE

    MICHAEL_BARRYMORE'S_GHOUL_PARTY

    I_PITY_THE_GHOUL
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Cleaver wrote: »
    When you get banned again what's your new name going to be? May I suggest one of the following:

    ROMEO_AND_GHOULIET

    THE_MOTLEY_GHOUL

    EXCEPTION_THAT_PROVES_THE_GHOUL

    GHOUL_OF_THUMB

    A_MERRY_GHOULTIDE

    MICHAEL_BARRYMORE'S_GHOUL_PARTY

    I_PITY_THE_GHOUL

    Hey, I might use one of those if I am banned and need to return from the dead :)
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • System
    System Posts: 178,231 Community Admin
    10,000 Posts Photogenic Name Dropper
    Cleaver wrote: »
    Why the hell is there suddenly millions of threads about housepricecrash.com. For goodness sake, let another forum talk about what ever they want to talk about.

    Bit harsh, there was a mention if it but it's not about it
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Sibley
    Sibley Posts: 1,557 Forumite
    Ninth Anniversary Combo Breaker
    I think everyones bored talking about HPC now.
    Spent force.
    We love Sarah O Grady
  • purch
    purch Posts: 9,865 Forumite
    I am seriously ready to start cracking heads

    That's going to be difficult.

    Or are you just threatening to crack your own head against the wall :eek:
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • Sibley wrote: »
    I think everyones bored talking about HPC now.
    Spent force.
    I think everyone's bored talking about a crash now.

    Didn't get past the first sentence of the OP.
    Been away for a while.
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