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Debate House Prices
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Come on bears, admit it.....
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Another hindsight argument.
Well done Hamish.0 -
ruggedtoast wrote: »I suppose there is nothing in your life you would do over.
Course there is.
If I had known in 2007 what I knew today, I'd have done the following:
1) Paid the extra fee for a lifetime base plus 0.5% mortgage instead of a limited term base plus 0.5% deal reverting to base plus 2% for life.
2) Bought as many BTL-s in Aberdeen as I could get my hands on.
3) Bought a much more expensive primary residence instead of being cautious and buying at the average price for the area.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Why do you think every bear needs to buy a house?
some of us already own one and some of us own more.
We just think house prices are expensive.0 -
Why do you think every bear needs to buy a house? .
Probably for the same reasons you lot think all bulls are over-leveraged debt junkies.
some of us already own one and some of us own more.
Funny that. Us too.:beer:We just think house prices are expensive.
Whereas we just don't care if house prices are expensive.
Because we know they are only going to get more expensive over the long term, and have positioned ourselves accordingly.
“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
HAMISH_MCTAVISH wrote: »Probably for the same reasons you lot think all bulls are over-leveraged debt junkies.
But the bulls want house prices to increase so more people are in debt.
Whereas we just don't care if house prices are expensive.
Because we know they are only going to get more expensive over the long term, and have positioned ourselves accordingly.
Don`t you think that those of us who have houses and other investments have also positioned ourselves accordingly. We are not all renters.
yes house prices always go up as do wages but we also have corrections and that is what is needed.0 -
They've screwed up big time. Many will be paying the price for the rest of their days. Poverty in retirement will be particularly prevalent amongst this group IMO.
Still, without losers in life there would be no winners...Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
Is this what it has come down to? Hamish trolling MSE to get a reaction. Have you nothing else interesting in your life? :rotfl:0
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Turnbull2000 wrote: »
Still, without losers in life there would be no winners...
Is that what your sister tells you when you're paying her the rent?
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And I take it that you might have bought some gold if you knew what you know now.
With your gold purchase you didn't even need to physically keep it.
- or arrange a viewing to see the right piece of gold
- or get disappointed when you found out other people were going to park larger shinier pieces of gold round the back of yours
- or agree to buy the gold only to find the seller had upped the price when you came to pay
Let's face it, there's far more dinner party bore material in houses than gold isnt there.
:rotfl:0
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