Isnt it strange how

PasturesNew

Life's losers are smug people with time on their hands to post on forums.....

Graham_Devon

johnny_storm wrote: »

It's something to have firmly in your mind when reading what they write, these are not winners in life, they havent made £100ks on the stock market through their amazing financial knowledge, though they would have you think they are that smart. No, I'd go as far as saying they are life's losers.

Well well done you.

Being one of life's winners, you thought you'd pop on to the same forum and out of no where, just write a post telling us how other people are lifes losers.

Fantastic way to spend your time, what with you being one of lifes winners.

erdd2

johnny_storm wrote: »

The people who moan the most about house prices, think that renting is such a good deal are those that seem to all be earning much less than the national average and spend most of their normal working hours posting on forums.

It's something to have firmly in your mind when reading what they write, these are not winners in life, they havent made £100ks on the stock market through their amazing financial knowledge, though they would have you think they are that smart. No, I'd go as far as saying they are life's losers.

Its a bit sad really, if only they actually spent as much time grafting as they do moaning about their lot. They would get that promotion or start that new business and actually succeed in life and be able to afford that house easily.

I hear what you are saying, but you forget the ones that spend time giving constructive support and advice or life experiences in their time off from hard graft as you put it....and yes there are all the other categories and circumstances....

WhiteChristmas

MacMickster wrote: »

I suspect for example that Thrugelmir, who has just posted above and is one of those with thousands of posts, may be doing OK for himself and posts on these boards to try to help some who are in a less fortunate position.

Sibley

I am a renter, I do invest on the stock market and I have an engineering company which I started some years ago.

There are winners and in the property game but this has more to do with luck, and accident of birth date. There are also losers. People who invested in property in the last 5 years were either greedy or foolish. Either way they are financial losers. I have little sympathy for them as they hang on grimly in the desperate hope of another boom. It won't happen, loose lending is over for at least another hundred years and a correction is unavoidable.

People who bought homes to live in over the past 5 years are not losers (for the same reason that someone who buys a car is not a loser).

The housing market in this country is in a mess. Housing is a necessity and it should not be subject to wild value swings between generations. The fallout from such cycles cause misery, deprivation and damage to the economy.

I think this is a good post.

A lot of truth in it.

I don't agree there will be a correction as in price drop of crash. If a house is 250k now I think it will just stay at that price or rise slightly. No way will it ever be 150k. That's my opinion. Wages are not rising so it's a stalemate.

You are also right about winners. I was lucky to be able to buy when I did and have the chance of an easy 100% mortgage. The clever part about it was knowing property in the UK will go up.

I don't understand renters bitterness. Only the fact they want a big nice house right now. It's always been tough. I remember getting a 50k mortgage when I was on about 12k a year. No bed of roses and the house was only 2 up 2 down but somehow everyone did it.

To me it seems the baby boomers had the fire in their belly and would make a go of it. The new buyers seem to be gutless and lazy. Just get on with it. Buy and stop moaning. If you are on this forum the chances are you are just average normal person.

You are never going to be Bill Gates so just get on with it.

Batchy

I always thought there would be a crash but as Sibley said the government have no intention of letting this crash happen, be it labour or conservatives. Our whole economy is built around it, and it would be a final nail in the coffin.

People with equity can become entrepreneurs, people with no money or equity can't start business's and the ones who dont start business's SPEND. Then there are the savers, without a good balance of all the categories I previously mentioned then interest rate deviations wont make a scrap of difference.

People generally save HARD to buy a house. As you need a strong deposit

Cars can be brought with 100% finance

holidays paid on credit cards,

Sofa's on 0% for 12 months...

When I realised this I left HPC tin hat brigade, and I started saving harder than ever to be well placed when affordability/ mortgage availability and the right house all become a lot easier! They did, was there a crash well kindof, did I make any money... not really.

I just have a lower capital debt, but a higher interest rate.
I could have had a higher debt, (negative equity trap) and lower interest rate.

Horses for courses.

doire_2

johnny_storm wrote: »

The people who moan the most about house prices, think that renting is such a good deal are those that seem to all be earning much less than the national average and spend most of their normal working hours posting on forums.

Any proof of this or did you just fancy a moan? Maybe you got banned from HPC and dont like it eh? You're sounding a bit like sibley

johnny_storm wrote: »

It's something to have firmly in your mind when reading what they write, these are not winners in life, they havent made £100ks on the stock market through their amazing financial knowledge, though they would have you think they are that smart. No, I'd go as far as saying they are life's losers.

Have you made £100ks on the stock market then?

johnny_storm wrote: »

Its a bit sad really, if only they actually spent as much time grafting as they do moaning about their lot. They would get that promotion or start that new business and actually succeed in life and be able to afford that house easily.

Again how do you know they cant afford a house? Whats happened Johnny? Did those big bad boys on HPC annoy you recently? Get over it.

As for renters starting a business or gettting a promotion. Would you say the same about those facing reposession?

IronWolf

And likewise the housing bulls are also a bunch of sad losers with nothing better to do

HAMISH_MCTAVISH

doire wrote: »

Maybe you got banned from HPC and dont like it eh? Whats happened Johnny? .

I think he made that perfectly clear in his sig.....:)

Banned on HPC 21/12/2010! Hi to anyone who knew me from there!

As soon as I start to suggest that waiting for house prices to crash was a mistake, and that I would be buying middle of next year. BAM.. I cant post anymore. What does that tell you???

FTBFun

OP - so basically some people on an internet forum are a bit weird.

Who'd have thunk it eh?