Well done you New Labour, you ruined the homeownership dream for so many

Rochdale_Pioneers

Well thank god the Tories spent the last years of the Labour government criticising all those nasty Labour policies! When Cameron stood up to the city and said "damn your evil profits", when he appointed Redwood to look at the housing market and he advocated shackling lenders down so that they'd be responsible, when Osborne told middle-class homeowners that the party had to end and prices should fall. Good times.

No, wait.....

ess0two

DervProf wrote: »

May I say that The_Fox talks a lot of sense.

"there is a list of people who bought into the property market since 2005 who are having a nasty time, some in a living hell".

Some would deny that statement, I have witnessed this recently, although "living hell" might be taking it a little far, the chap I spoke to wasn't having an easy ride.

Yawn your're like stuck record.

Heyman_2

The_Fox wrote: »

It looks like data this week is going to show lending at record lows again, along with sky high house prices(and they are high) and along with the *snip*

Life's not fair sometimes Fox. Deal with it.

thescouselander

The current high price of housing benefits no-one. We have our house up for sale at the moment but out of all the people who have been round to look at the place only one couple was proceedable. The Estate agent reckons there are very few FTBs about and this is causing problems.

Another thing I've noticed is that people are still asking silly prices. I think we have priced our house at a realistic level and we're prepared to take offers however, many of the houses we have looked at ourselves have been overpriced (mostly houses being sold by investors).

I'm coming round to the idea that moving just isn't going to be possible at the moment and wont be until some realism returns to the market. I say bring on the correction - at least I'll be able to move then.

flashnazia

Those poncing of welfare(and i don't mean all), and those in the top 5% income bracket are doing just fine, But for the rest of us there is not much too aspire too.

I feel the same...

PeterZ_2

thescouselander wrote: »

The current high price of housing benefits no-one. We have our house up for sale at the moment but out of all the people who have been round to look at the place only one couple was proceedable. The Estate agent reckons there are very few FTBs about and this is causing problems.

Another thing I've noticed is that people are still asking silly prices. I think we have priced our house at a realistic level and we're prepared to take offers however, many of the houses we have looked at ourselves have been overpriced (mostly houses being soled by investors).

I'm coming round to the idea that moving just isn't going to be possible at the moment and wont be until some realism returns to the market. I say bring on the correction - at least I'll be able to move then.

We had the exact same problem last year when we tried to move. We priced realistically and had plenty of interest but they were either FTBs who hadn't even bothered to see if they could get a mortgage (they couldn't) or people who couldn't sell their houses (because they were over priced). We also found the houses we were looking to buy were also over priced.

And the crazy thing was that people were saying "I dont want to lose money by dropping the price" - what are they losing? They never had the money in the first place.

In the end we gave up and will try again once the market gets moving - this will either be when people are forced to sell due to high interest rates, or if by some amazing miracle the economy recovers.

Sibley

I think you are too twisted up Foxy to be sleeping at night.

You need Prozac mate. It will all start to make sense soon.

StevieJ

The_Fox wrote: »

And before the Bull trolls(bears in sheep's clothing) start their feeble attempts to rub the nose of those priced out in the smelly stuff, i would like to point out, or even remind there is a list of people who bought into the property market since 2005 who are having a nasty time, some in a living hell. So as much as i admit times are not brilliant for me and many others at this time, at least i am debt free, sleep soundly EVERY NIGHT, and have had some kind of a life this weekend, this time it was covent garden hotel and took in a show.

.

Interesting comment and one noted by many recently.

The_Fox_3

Heyman wrote: »

Life's not fair sometimes Fox. Deal with it.

Thank God the UK was not infested with the likes of you from 1939 to 1945,

Hitler invading most of Western Europe was not fair either

[Deleted User]

The_Fox wrote: »

Thank God the UK was not infested with the likes of you from 1939 to 1945,

Hitler invading most of Western Europe was not fair either

Yeah, annexing other countries, gassing Jews etc that's comparable to you not being able to afford a house isn't it?

Maybe if you'd got settled and bought before you had kids you'd be better off.

Don't get me wrong I have some sympathy for those who are genuinely disadvantaged, but in your other posts you have mentioned that you're a tradesman and so will have done well during the boom years and played your own small part in HPI.

You don't discuss anything when you post you just rant. To be fair though you haven't mentioned reptiles yet, just Hitler so far. New pills?