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

The_Fox_3
Posts: 299 Forumite
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
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
0
Comments
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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.0
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HPC started it.0
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THE_GHOULISH_CODPIECE wrote: »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_GHOUL0 -
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 Thatcher0 -
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 itThis is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
I think everyones bored talking about HPC now.
Spent force.We love Sarah O Grady0 -
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.'0 -
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