Some facts and figures please.

Sibley

To be fair,

At least my question was sort of answered.

So somebody would really need 3-400 grand stashed in a bank account to get a return of £1000 per month.

I thought it was more than that. I suppose that it could be possible that BB is telling the truth.

Still, it doesn't make sense to me why he doesn't buy a house outright now and save the £1000 a month. Say he wants to buy a house round the £300K mark. He's rented for the last 5 years at least. That's 60k down.
He claims prices will drop 30-40% over the next few years.

OK, let's add another £25K in rent. Now we are up to £65K.

Now IF (and as you know I don't think they will.) he got his 30% HPC that would mean his target property would be £210K ish(again saying it would actually be on the market. The owner might not want to sell cheap and sit it out until prices rise).

I think a fair offer at this moment in time that for a 300K house that may be accepted would be £285-290K.

So BB has sat in rented houses, wasting all his spare time on a manky website, been twisted up, walked round doing all his friends and families heads in to save 10 grand.

And that's IF price do drop. IF they don't and start rising he's looking like being over 100K out of pocket. Big gamble.

Now he has actually made a statement that this price crash will occur next year. I am going to remember this and call him up on it. I have a fake ID on HPC. If he gets his crash then fair play. I will admit defeat. If prices are the same or rising I will point it out to him.

The HPC are more interested in us than we are them. Anyone doubting that just take a look over there. Lots of our threads are copied and pasted. We are not scared of their comments. They are welcome on here. Geneer is an example.

They on the other hand can't deal with our views. Any bulls are banned. I don't see what people get out of agreeing with each other all the time. It might be like being in the Moonies.

Who is the next HPC bully to be exposed?
We should dissect them one at a time.

Should be Geneer.

What is his financial situation?
Why all the bitterness? Is he getting a large interest payment that covers his rent? Priced out? Loser with no hope of ever buying?

I have to read their stupid comments. I want to know if we are dealing with proper people or dossers with an attitude.
I don't want to waste my time if it is the former. I might as well visit a nuthouse and start an argument with the inmates.

shortchanged_2

Sibley wrote: »

They on the other hand can't deal with our views. Any bulls are banned. I don't see what people get out of agreeing with each other all the time. It might be like being in the Moonies.

Let me help you out here Sibbers. The site is called House...Price...CRASH.

Why the hell would they want Bulls on that website!!!

Why don't you mind your own business, let those oddbods talk about whatever the hell they want to talk about and start your own website called;

HousePriceRampers.............and ban any bears that try to post on there. Simple, job done.

geneer

Sibley wrote: »

To be fair,

At least my question was sort of answered.

So somebody would really need 3-400 grand stashed in a bank account to get a return of £1000 per month.

I thought it was more than that. I suppose that it could be possible that BB is telling the truth.

Still, it doesn't make sense to me why he doesn't buy a house outright now and save the £1000 a month. Say he wants to buy a house round the £300K mark. He's rented for the last 5 years at least. That's 60k down.
He claims prices will drop 30-40% over the next few years.

OK, let's add another £25K in rent. Now we are up to £65K.

Now IF (and as you know I don't think they will.) he got his 30% HPC that would mean his target property would be £210K ish(again saying it would actually be on the market. The owner might not want to sell cheap and sit it out until prices rise).

I think a fair offer at this moment in time that for a 300K house that may be accepted would be £285-290K.

So BB has sat in rented houses, wasting all his spare time on a manky website, been twisted up, walked round doing all his friends and families heads in to save 10 grand.

And that's IF price do drop. IF they don't and start rising he's looking like being over 100K out of pocket. Big gamble.

Now he has actually made a statement that this price crash will occur next year. I am going to remember this and call him up on it. I have a fake ID on HPC. If he gets his crash then fair play. I will admit defeat. If prices are the same or rising I will point it out to him.

The HPC are more interested in us than we are them. Anyone doubting that just take a look over there. Lots of our threads are copied and pasted. We are not scared of their comments. They are welcome on here. Geneer is an example.

They on the other hand can't deal with our views. Any bulls are banned. I don't see what people get out of agreeing with each other all the time. It might be like being in the Moonies.

Who is the next HPC bully to be exposed?
We should dissect them one at a time.

Should be Geneer.

What is his financial situation?
Why all the bitterness? Is he getting a large interest payment that covers his rent? Priced out? Loser with no hope of ever buying?

I have to read their stupid comments. I want to know if we are dealing with proper people or dossers with an attitude.
I don't want to waste my time if it is the former. I might as well visit a nuthouse and start an argument with the inmates.

Simpleys getting into a bit of a froth.
Has anyone read that wall o text.
Care to post a bullet point summary.