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So The Bulls Keep Bleating On About FTB's

doire_2
doire_2 Posts: 2,280 Forumite
Part of the Furniture 1,000 Posts Combo Breaker
in Debate House Prices & the Economy
and this[STRIKE] sensible lending [/STRIKE]mortgage famine.

Yet these same people want house prices to rise and rise so that these same FTBs they seem to care about so much have to take on even more debt so they can own a home.

You couldn't make it up
«134567

Comments

  • silvercar
    silvercar Posts: 49,994 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    doire wrote:
    So The Bulls Keep Bleating On About FTB's

    Sheep bleat, bulls bellow.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    silvercar wrote: »
    Sheep bleat, bulls bellow.

    And bears just spout drivel, apparently.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”
    -- President John F. Kennedy”
  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    silvercar wrote: »
    Sheep bleat, bulls bellow.

    Not on here they dont.... strange breed on here
  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    HAMISH_MCTAVISH wrote: »
    And bears just spout drivel, apparently.


    Excellent response to the topic
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    doire wrote: »
    Excellent response to the topic

    There is no topic.

    Just your usual drivel without substance.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”
    -- President John F. Kennedy”
  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    HAMISH_MCTAVISH wrote: »
    There is no topic.

    Just your usual drivel without substance.

    And again.........
  • B_Blank
    B_Blank Posts: 1,105 Forumite
    Capitalism needs winners and losers. People who bought houses in 2006-2008 were stupid and deserve to be punished. If they arent then corruption takes over from true capitalism....
    I am not a financial expert, and the post above is merely my opinion.:j
  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    HAMISH_MCTAVISH wrote: »
    Post a clear and coherent point to debate with and I'm happy to do so.

    Post meaningless one line drivel and there's no point in replying.

    Stating debt increases with house prices is blindingly obvious, and yet completely meaningless.

    It in no way addresses any of the salient points in the overall debate regarding house prices.

    But seeing as how you're obviously fixated on "debt", lets try discussing these points for starters:

    1. Buying a house, even at twice todays prices, is still far cheaper than renting for life. Taking on an increasing amount of debt in this case will save you an immense amount of money compared to the alternative, ie, renting.

    2. Using debt to purchase an asset is completely different to using debt to pay for consumption. There is good debt, and bad debt. List the differences between the two so we can see you understand.

    3. Explain the implications of living in an inflationary monetary system with regards to the inevitability of ever increasing amount of debt in nominal terms.

    Show a basic level of ability in discussing some of these issues, doire, and we can return to your initial post regarding FTB's increasing debt.

    Otherwise, old boy, I'm afraid we'll have to write off your thread as another half baked trolling attempt, and ignore you accordingly.

    :rotfl::rotfl::rotfl:

    I could have saved you all that drivel.......

    Why didn't you just say "i want liar loans and 100, 125% mortgages to return so FTB can get up to their neck in debts and the foundation for HPI can return"
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    HAMISH_MCTAVISH wrote: »
    Show a basic level of ability in discussing some of these issues, doire, and we can return to your initial post regarding FTB's increasing debt.

    Otherwise, old boy, I'm afraid we'll have to write off your thread as another half baked trolling attempt, and ignore you accordingly.
    doire wrote: »
    :rotfl::rotfl::rotfl:

    I could have saved you all that drivel.......

    Why didn't you just say "i want liar loans and 100, 125% mortgages to return so FTB can get up to their neck in debts and the foundation for HPI can return"

    I thought as much....

    Incapable of moving much beyond the single-line discredited bear memes.....

    Sad really.

    You are completely incapable of debating the issues, when it's clear you don't even begin to understand them.

    Now run along back over to hpc, where the rest of the intellectually challenged will no doubt welcome your blind parroting of their fallacies.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”
    -- President John F. Kennedy”
  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    HAMISH_MCTAVISH wrote: »
    I thought as much....

    Incapable of moving much beyond the single-line discredited bear memes.....

    Sad really.

    You are completely incapable of debating the issues, when it's clear you don't even begin to understand them.

    Now run along back over to hpc, where the rest of the intellectually challenged will no doubt welcome your blind parroting of their fallacies.

    So why do you care so much about FTB's?
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