80 per cent of homes bought since 2006 worth less than original price

geneer

Cleaver wrote: »

You sound a bit p*ssed off when you say "that's nice for you". Why does it seem to bother you that someone bought a house? And what's with the "not neccesarily unreasonable"? It's buying a home to live in, not speculating on a share. How is buying a house that you're happy with and can afford be something of a "lifestyle choice"?

Why would I be p*ssed off?
Doesn't effect me. Doesn't really matter in the bigger picture.
But it is indeed nice for you. Apparently.

Theres nothing wrong with "not neccesarily unreasonable".
Hence the use of term.

Buying a house, even if theres a significant chance of a crash, because you can afford it, is of course a lifestyle choice.
The choice has been made to offset disposable income for creature comforts. As simple as that.

I don't know Cleaver, you're the one who seems a pit POd at the moment. You seem set on taking offence where none is meant.

Cleaver wrote: »

Fully agree that people have different priorities, every one is unique. There is no good or bad time to be a house, it all depends on the situation of the buyer. In my opinion of course.

Now thats an oxymoron if I ever saw one.

RenovationMan

geneer wrote: »

I'd suggest that not buying near peak has been much more relevant ambition than buying at absolute bottom.

Well I think we would all accept that peak was in 2007 and we are now in 2011. How much distance from peak are you aiming for?

Cleaver

geneer wrote: »

Now thats an oxymoron if I ever saw one.

What is? That there isn't a good or bad time to buy a house? I think that's true. A house might be up for sale at a certain price at a certain point in time. It might be a brilliant idea for one person to buy it and an awful idea for another to buy it.

geneer

RenovationMan wrote: »

Well I think we would all accept that peak was in 2007 and we are now in 2011. How much distance from peak are you aiming for?

your point?

Pimperne1

geneer wrote: »

your point?

Well you said - "I'd suggest that not buying near peak has been much more relevant ambition than buying at absolute bottom". Not well worded I'll agree but it seems to indicate that there is a distance from peak where the relevance of buying is more important than buying at absolute bottom. So what he seems to be getting at is "what distance from peak are you aiming at"? Although I expect you will get an answer from OP too.

Do try and word your responses more sensibly though.

geneer

Pimperne1 wrote: »

Well you said - "I'd suggest that not buying near peak has been much more relevant ambition than buying at absolute bottom". Not well worded I'll agree but it seems to indicate that there is a distance from peak where the relevance of buying is more important than buying at absolute bottom. So what he seems to be getting at is "what distance from peak are you aiming at"? Although I expect you will get an answer from OP too.

Do try and word your responses more sensibly though.

Nope. Sorry. Not getting you.

RenovationMan

'sup geneer, gone deaf?

geneer

RenovationMan wrote: »

'sup geneer, gone deaf?

sup' repossionman.
Turned my PC speakers up. Can't hear nuffin though blood.


Yeah I get that you asked a question.
Still wondering on why the answer has any relevance.
Hence my question. Whats your point.

Sup' repo, gone deaf?

RenovationMan

geneer wrote: »

sup' repossionman.
Turned my PC speakers up. Can't hear nuffin though blood.


Yeah I get that you asked a question.
Still wondering on why the answer has any relevance.
Hence my question. Whats your point.

Sup' repo, gone deaf?

I believe Pimperne1 answered your question as well as I could have. However, I'll repeat as you seem unable to re-read both mine original query and pimp's post.

You stated that it's distance from peak that is important to you, not trying to guess the bottom of the market. I asked what sort of distance from peak you were looking at and supplied a chart that showed peak occurred in 2007.

So to ask again, how long will you wait from peak prices before you feel it's right to buy a house?

robmatic

RenovationMan wrote: »

I believe Pimperne1 answered your question as well as I could have. However, I'll repeat as you seem unable to re-read both mine original query and pimp's post.

You stated that it's distance from peak that is important to you, not trying to guess the bottom of the market. I asked what sort of distance from peak you were looking at and supplied a chart that showed peak occurred in 2007.

So to ask again, how long will you wait from peak prices before you feel it's right to buy a house?

He's never buying a house.