Cardiff house prices.

Sibley

Seriously, I don't know, but I may been one of those who you might have "disapproved" of. Back in 2006, I predicted a crash

I have no problem with people who hope for something to benefit themselves. That's natural.

What I don't like (and I'm sure you know the type I am talking about ) are the people gloating over every scrap of bad news and sticking mocking posts up about houses they could never afford.


It's crazy really giving them the time of day on these boards. I've said it before. It's like me walking into a Ferrari showroom and saying I'll wait for prices to crash 60% then I'll buy two. It's never going to happen and I'll never have the money for just one so I should never be in there looking and wasting the salesman's time.

How would you feel if you found out your bear hero's were really drunks living in manky bedsits or 120th floor council flats in Doncaster with 4 kids in tow?

Is the rental enough to pay down the mortgage, pay any taxes/insurances/gas & electricity checks/agency fees and also give you enough you live on?

Just about but it wouldn't leave me a lot for sexy ladies here

I suppose another bit part of my pension plan is the hope I'm impotent when I retire.

DervProf

DervProf wrote: »

Does that include a new plugs, an air filter and screenwash, or is it just an oil change ?

Whatever it includes, I bet it involves fluids.

DervProf

Sibley wrote: »

I have no problem with people who hope for something to benefit themselves. That's natural.

Actually my hope for a short, sharp correction was more to do with benefits for the majority. I think it would have been a better situation now if the "boom" had ended earlier, and we had seen some fall by the wayside. Now before you suggest that I'm just wishing ill on others, I'm not. What I was hoping to see was those flying a bit too close to the sun getting their wings burned. I thought that natural "justice" would have been to see those that thought they were being clever by maxing out on the credit being shown that it actually was a risk, and that risk often doesn't pay off. Now there's nothing wrong with people taking risks and trying to better themselves, but when nearly everyone is at it, as appeared to be the case in the mid 00's, then something must give, surely. And something did give. OK "it was those pesky Yanks that started it", but I hope that we don't go down the same path again, because it appears we got away with it last time. The credit crunch was avoidable, but nobody wanted to believe it could happen, or wanted to do anything to prevent it while the good times were rolling.

I think prevention is better than cure, and if the cure doesn't cause too much pain, then who's going to bother using prevention in the future ?

Percy1983

DervProf wrote: »

Great. No doubt the £2.10 will be a lot higher in the next few months, but it would be comedy gold if by November is was £17.42. Then we'd really believe that your plan is more cunning than that of a cunning fox who had a degree in cunningness (is that a word ? It is now).

My plan is so cunning I should stick a tail on it and call it a fox!

Or maybe its just logical thinking and basic maths.

As for "cunningness" :rotfl::rotfl::rotfl:

doire_2

Sibley wrote: »

.

Really the whole reason I joined these sights was the fact I felt a gang of nasty ill wishing twisted people were targeting hard working home owner families and basically bullying them. I wasn't having it and gave them a dose of their own medicine.

.

Super Sibley to the rescue of those hardworking families :rotfl:

Almost on a par with Gordon Brown saying he saved the world.

Graham_Devon

Sibley wrote: »

How would you feel if you found out your bear hero's were really drunks living in manky bedsits or 120th floor council flats in Doncaster with 4 kids in tow?

Again, thats your wish.

Unfortunately, most on here, and on HPC, are not living in such places that you wish to make out are beneath you.

You remind me of many on the share boards. If anyone dares to even suggest it might be overvalued, might fall, by god, some want to see them hung, drawn and quartered.

Inevitable happens, share price falls, and those people jumping down others throats for not shouting "woop, up from here" each hour, turn round and claim it's a buying opportunity, market makers buying shares because they know news is on the horizon. Any excuse will do, so long as they don't have to look at worldwide problems. Of course, news wasn't on the horizon, but the next day, same old excuse is used regardless.

As for those worldwide problems, we CANNOT fix debt problems with debt. It's as simple as that. The FTSE and DOW have made their point on this, and fallen back, with most reports stating the US has just fiddled yet again. People are loosing any faith and even the most optimistic are facing up to the fact that we can't just keep extending the pain and hoping more debt fixes the problem of too much debt.

An article today suggested it's like trying to cure a heroin addict by offering him another fix on top of his usual each day.

You need to wake up sometimes, and look at the problems. Only then, if you allow yourself to open up, and really look at the issues and ask how we can fix them, might you see the other side, without having to continually insult them and continually hit a new depth of immaturity.

Conrad

DervProf wrote: »

I fear that eventually the government will not have the tools to patch up the problems that will surely follow.

My £0.02.

Tell you what I think we're in for. Not much. Growth is not what is was, but so what, it's to be expected. So we're in for a period of slight falls and rises, just the new norm', but nothing to particularly be concerned about.

Western nations need to learn to get thier debt down and find a new way to proceed.

I am glued to the news, I just love it, but it makes me quite negative sometimes. Then I get a reality slap, such as bumping into my mate last night. He now buys individual cars at auction and selles them onto dealers in Malaysia. On some he makes £500, on some he makes £4000. All in all just someone getting on with life who is blisfuly oblivious of the news.

He's making £10 - £15k per month, and after all said and done pays about 15% Tax (same as me).

He's carrying on buying a flat here n there, and I can be more or less sure in 20 yhears he'll have a substantial investment income. It really can be so simple, and in spite of all thats apparantly going on, people can and do make money.

I 'm kinda jealous of these care free types and wish I wasn't a news vulture.

DervProf

Conrad wrote: »

He's making £10 - £15k per month, and after all said and done pays about 15% Tax (same as me).

That's quite impressive. Paying so little tax having made so much profit.

LilacPixie

I hate there HPC threds but the cardiff average house price is about 178k so what was this guy looking at if it was 200k over budget and needing work. Is his budget £3.68 or something?