HPC Closes It's Doors

noodle_doodle

doire wrote: »

Oh look. Another one for the support group

It's that fellowship and the cheap aldi vodka that gets me through the days now ;-)

still in the end it's their nose to cut off. Thread posts have dropped off a cliff compared to a couple of years back. It reminds me of some football fora i post on. The ones that ban fans from other teams for not toeing the party line sink into stagnation, the ones that let other viewpoints on stay vibrant.

reweird

Here here.

Hectors_House

reweird wrote: »

Closed for business. Good riddance.

Well whether you are a Bull or a Bear it was reading HPC that helped me understand enough about what was going on with the economy that I ended up paying £72k for my house, rather then the £120k the 'owner' originally wanted.

Pimperne1

Hectors_House wrote: »

Well whether you are a Bull or a Bear it was reading HPC that helped me understand enough about what was going on with the economy that I ended up paying £72k for my house, rather then the £120k the 'owner' originally wanted.

Just think how much your savings would have been if you had joined earlier than Aug 09 then.

Hectors_House

Pimperne1 wrote: »

Just think how much your savings would have been if you had joined earlier than Aug 09 then.

I first started reading the HPC forum back in about 2005.

I let my membership lapse ages ago after having problems changing my password so I'm not the Hectors House you would have seen on HPC.

I think I did well.

To have done even better then that I think we would have seen the truely awful collapse of the economy that some folk on there wanted and I wouldn't have gone into home buying had it got that bad.

Pimperne1

Hectors_House wrote: »

I first started reading the HPC forum back in about 2005.

I let my membership lapse ages ago after having problems changing my password so I'm not the Hectors House you would have seen on HPC.

I think I did well.

To have done even better then that I think we would have seen the truely awful collapse of the economy that some folk on there wanted and I wouldn't have gone into home buying had it got that bad.

You certainly did well (managing to buy a house at an even bigger discount than any HPC would have allowed you to - unless you live in an undesirable area).

Seems from your joining date here that the guy on HPC copied you rather than the other way round.

joguest

robmatic wrote: »

My favourite HPC quote of the day:

True - houses are depreciating assets if you're living in one. The costs of maintenance, mortgage interest, etc, outweigh any real term increase in value over the long term. If it's not rented out then it's not providing a return on the investment (other than a speculative gain if you happen to buy at the bottom and sell at the top of a speculative cycle).

Pimperne1

Hectors_House wrote: »

I first started reading the HPC forum back in about 2005.

I let my membership lapse ages ago after having problems changing my password so I'm not the Hectors House you would have seen on HPC.

I think I did well.

To have done even better then that I think we would have seen the truely awful collapse of the economy that some folk on there wanted and I wouldn't have gone into home buying had it got that bad.

Incidentally, if you joined in 2005 when the average house price was around £157k, and it went up to £184k, then down to £149k and now up to £167k would you not have been better buying in 2005?

Hectors_House

Pimperne1 wrote: »

You certainly did well (managing to buy a house at an even bigger discount than any HPC would have allowed you to - unless you live in an undesirable area).

Seems from your joining date here that the guy on HPC copied you rather than the other way round.

The area isn't undesirable/desirable but the EA made the mistake of telling me they had changed their business model to concentrate on selling repos (the house was repossessed on the day I went around for the first viewing, which was cancelled of course).

They gave me the usual guff about offering the asking price cus it was a really popular house etc. etc. so I left it for a month and when they chased me I called their bluff as the previous owner had left a greeting present of grease on the floor in the hallway. EA didn't know what I was talking about but had to admit that he hadn't actually been in the house (which would explain why they marketed it as a two-bed when it has three) and we were, in fact the only people that had shown any interest in it.

I can't remember when I found this site but it was a while after finding HPC. I hadn't been an HPC member long when my crappy laptop had problems logging me in one day. I tried to change my password and locked myself out so just went to lurking after that.

My signon was taken up by someone else soon after.

Pimperne1

joguest wrote: »

True - houses are depreciating assets if you're living in one. The costs of maintenance, mortgage interest, etc, outweigh any real term increase in value over the long term. If it's not rented out then it's not providing a return on the investment (other than a speculative gain if you happen to buy at the bottom and sell at the top of a speculative cycle).

Stick to Science joe. That's just stupid.