Tragic case... "This website has failed"

AD9898_2

ess0two wrote: »

You are the very person AD refers to,he needs to step out of his ivory tower.
To some extent your sig probably !!!!es a lot of prople off on here.

Nope, if I thought that I would say so, RM may have taken a large risk but he certainly isn't being bailed out by the taxpayer and as I've said directly to him good luck to him but I wouldn't be supportive of taxpayer rescue deals to save him or anyone else at the expense of the next generation, who are being royally shafted anyway at this time.

RenovationMan wrote: »

That wasnt my intention. I joined MSE to post on the MFW board and document my house renovations and mortgage battle (mostly for my own entertainment but some regulars to seem to view it) and the sig is a standard one that many people have there, I just copied them.

I must say that I havent felt any animosity from anyone on this board, apart from when I had the anti-sock puppet idea, and I certainly dont feel that people are hoping that I fail in my challenge. Perhaps I'm naive in this, but being an optimist I always try and see the good in people.

I do really like passing time in here, the regulars are a good laugh and there are some decent, clever posters to debate with.

So just to clear that up.

Davesnave

RenovationMan wrote: »

Christ! What did it do, burn down? :eek:

Ireland.......................;)

Hectors_House

A cautionary tale on the very real dangers of trying to speculate on timing the markets... And listening to bad advice on the internet.[/QUOTE]

But surely, any advise you take from the internet should be backed up with your own research.

It was through reading housepricecrash that I managed get my home at a decent price rather then taking the advise of the EA and the lending bank to 'borrow to the max to get on the ladder'.

I took the doom monger's over there with a pinch of salt but found some very sound financial advise at times.

I should just point out that I stumbled on both the moneysavingexpert and housepricecrash websites cus I'd started to to think there was something wrong (the increasing price of houses against folks actual pay increases). I have gained much from both sites TBH.

Conrad

tara747 wrote: »

My friends paid £190k in 2007 for a house that is now worth £60k. That's tragic. What would you say to them?

Can you point me to an example of one of these properties please, perhaps on Rightmove. Sounds a tempting buy.

doire_2

Conrad wrote: »

Can you point me to an example of one of these properties please, perhaps on Rightmove. Sounds a tempting buy.

I might be wrong but i dont think Righmove covers the north of Irealnd

LydiaJ

doire wrote: »

I might be wrong but i dont think Righmove covers the north of Irealnd

Rightmove does have some Northern Irish properties, and so does www.daft.ie, which covers all of Ireland, including both the Republic and NI. However, www.propertynews.com describes itself as "Northern Ireland's largest property website", so probably has more properties there (although I'm only guessing). Or when you say "the north of Ireland" did you mean the more northern parts of Eire? If so, I would think www.daft.ie would be the place to look.

Property Bee works with all these sites.

tara747

quantic wrote: »

I see your point, but if prices go down, the next house I buy will do the same, so its swings and roundabouts really.

"My friends paid £190k in 2007 for a house that is now worth £60k. That's tragic. What would you say to them"

That must be very very niche circumstances though. Not a trend by any stretch. All I'm trying to say is, people seem incapable of seeing past losing a bit of money on a house. I (and I'm sure many others have done the same) have lost about £8k in depreciation on my car since I bought it 3 years ago... people don't post on forums about that thought

Not at all 'niche', house prices in NI have fallen through the floor since 2007. It's carnage here...

RenovationMan wrote: »

Christ! What did it do, burn down? :eek:

LOL. No, it's in Northern Ireland (Belfast, to be precise).

Hectors_House wrote: »

A cautionary tale on the very real dangers of trying to speculate on timing the markets... And listening to bad advice on the internet.

But surely, any advise you take from the internet should be backed up with your own research.

It was through reading housepricecrash that I managed get my home at a decent price rather then taking the advise of the EA and the lending bank to 'borrow to the max to get on the ladder'.

I took the doom monger's over there with a pinch of salt but found some very sound financial advise at times.

I should just point out that I stumbled on both the moneysavingexpert and housepricecrash websites cus I'd started to to think there was something wrong (the increasing price of houses against folks actual pay increases). I have gained much from both sites TBH.

+1

Top post.

tara747

Conrad wrote: »

Can you point me to an example of one of these properties please, perhaps on Rightmove. Sounds a tempting buy.

Have a browse.

http://www.propertynews.com/results.php?s=122911929&sort=l2h

p.s. the cheapest stuff is in REALLY bad areas, you wouldn't even want to BTL there as the occupants would petrol bomb you if you came round about rent arrears... these are areas that anyone with half a brain wouldn't go near in daylight never mind at night. Nevertheless, they would have been insanely expensive at the peak.

I know of many, many examples of people who have bought here since 2004 and are now in massive NE. I thank my lucky stars that I was smart enough not to be one of them.

dave4545454

doire wrote: »

No sibley....you live in a slum in bangkok

and sibley lives with a ladyboy prostitute wife:rotfl::rotfl::rotfl:

tara747

This house (in Dodge City!) was £210,000 at the peak.

http://www.propertynews.com/brochure.php?r=1&c=84&s=122912144&i=7&p=UPS11217-5-558618&fp=1&sort=l2h

:eek::eek::eek::eek::eek: