Debate House Prices


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Some people's whole self worth and indentity is tied up in their over indebted house

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Comments

  • quantic
    quantic Posts: 1,024 Forumite
    Part of the Furniture Combo Breaker
    I think its realising a balance between having "things" that money CAN buy, while not missing out on the things money CANNOT buy. I think everyone has an optimum level to be in debt to material things, which allows them to have nice things, live in a nice environment while not selling their soul or being a workaholic.

    We where approved to borrow £190-200k by our lender, but we only borrowed £92k, we figured we would rather have less and be more comfortable. Don't get me wrong though, I am often mislead into thinking that I will be happy when I buy new things, which of course I never am. Sure the toys are nice but I don't need them.

    What I find most amazing is that people generally do things to impress people they actually care about least! For example, you wear expensive clothes, drive expensive cars etc just to impress strangers, the people who care most about you and you care most about don't care about these things.

    I do think that material things are important SOMETIMES, but only if they don't come at the cost of other things such as family, morals and integrity.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    I find the people who are least concerned about money are those that have enough.

    While I know no-one who is terrified by falling house prices, I certainly know people in negative equity which caused considerable practical difficulties and would not welcome further falls.
  • This doen't just apply to houses.

    Most people like to have stuff because if they don't 'what will other people think??'

    I personally don't give a stuff about material things, as long as I have what I NEED. However I am lucky I don't have to worry about how to pay the next bill or where my next meal is coming from, others are not so lucky.
    Aug 24 - Mortgage Balance £242,040.19
    Credit Card - £8,141.63 + £4,209.83
    Goals: Mortgage Free by 2035, Give up full time work once Mortgage Free, Ensure I have a pension income of £20k per year from 2035

  • System
    System Posts: 178,353 Community Admin
    10,000 Posts Photogenic Name Dropper
    The_Fox wrote: »
    You Guys going on what you are saying cannot be happy without wealth, i can :)

    Why do you rant about it then? Constantly.

    Someone who is happy with what they have woudn't be posting bile filled, venomous tirades on forums like this.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • quantic
    quantic Posts: 1,024 Forumite
    Part of the Furniture Combo Breaker
    Telling everyone he doesn't care what people think while asking people what they think about him not caring about what people think. Of course :)
  • System
    System Posts: 178,353 Community Admin
    10,000 Posts Photogenic Name Dropper
    quantic wrote: »
    Telling everyone he doesn't care what people think while asking people what they think about him not caring about what people think. Of course :)

    That gave me a bit of a brainache.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • The_Fox_3
    The_Fox_3 Posts: 299 Forumite
    Joeskeppi wrote: »
    Why do you rant about it then? Constantly.

    Someone who is happy with what they have woudn't be posting bile filled, venomous tirades on forums like this.


    Because i feel strongly about it sweety:)

    I shall also be protesting about our brave troops dying in Iraq, and the drilling for oil in Artic etc etc

    nothing wrong with fighting for what you believe in, and at least i have the joy of going home at night(unlike some in the world) to a nice big bowl of stew and crusty bread in front of a woodburner.:)
  • inked
    inked Posts: 64 Forumite
    All I know is, I'm happier now with cash in the bank, a nice car, a house and loads of other expensive "stuff" that I don't need, than I ever was when I was broke and living with my parents.
  • quantic
    quantic Posts: 1,024 Forumite
    Part of the Furniture Combo Breaker
    Joeskeppi wrote: »
    That gave me a bit of a brainache.

    Yeah, I was going to break it up a little bit but decided it was more fun to read that way :dance:
  • Sibley
    Sibley Posts: 1,557 Forumite
    Ninth Anniversary Combo Breaker
    Foxy do you shop at Netto's?
    We love Sarah O Grady
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