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Debate House Prices


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Doing a little dance every time house prices rise

A guy I work with does a "happy dance" every time house prices rise - him and his wife live in a nice 4 bed and rent out 2 other dives to some young renters.
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Comments

  • is he a good dancer?
    FACT.
  • A guy I work with does a "happy dance" every time house prices rise - him and his wife live in a nice 4 bed and rent out 2 other dives to some young renters.

    What kind of dance? The Waltz, a Samba or maybe a Jig? Who knows what they'll be doing next year? A little pogoing or some headbanging, please do let us know. As the Year draws to a close, this must be one of the most interesting threads I've read :D
  • I am not sure the name of the dance but he trusts his groin area about while pumping his fist in the air
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I am not sure the name of the dance but he trusts his groin area about while pumping his fist in the air

    It's a traditional Aberdonian dance known as the 'Tavish Tango Twist'.
  • Cleaver wrote: »
    It's a traditional Aberdonian dance known as the 'Tavish Tango Twist'.

    ...or as we call it in these parts.... a Hernia ;)
  • simonSE15
    simonSE15 Posts: 725 Forumite
    edited 19 December 2011 at 8:58AM
    don't think he'll be doing any dancing in 2012.

    unless he changes it to a "every time prices fall" dance. :beer:
  • DaddyBear
    DaddyBear Posts: 1,208 Forumite
    A guy I work with does a "happy dance" every time house prices rise - him and his wife live in a nice 4 bed and rent out 2 other dives to some young renters.


    Not sure what the problem is. He's got three assets and is obviously going to be pleased if they increase in value. Plus, he doesn't need to worry about his children if prices rise.
    BTW you must be a very observant person, because he wouldn't have been dancing much at all this year, unless he's using Mr Ree's "round my way BS" index.
  • I should think there's a perfect 4r$e-shaped depression entrenched in his armchair.
    1. The house price crash will begin.
    2. There will be a dead cat bounce.
    3. The second leg down will commence.
    4. I will buy your house for a song.
  • Batchy
    Batchy Posts: 1,632 Forumite
    How else can you turn 10k into a free house for your kid in 21 years?

    I know... buy a house, win lose or draw, you still own the house at the end!

    Forget, profits/losses etc,etc.

    Want to buy your new born a house, buy one now, rent it out, in 21 years time give the mortgage free properties keys to the child... simples. Cost 10k now or 200k in the future, what will your 10k be worth in 21years time with compounding, with base rates at 0.5%? lol
    Plan
    1) Get most competitive Lifetime Mortgage (Done)
    2) Make healthy savings, spend wisely (Doing)
    3) Ensure healthy pension fund - (Doing)
    4) Ensure house is nice, suitable, safe, and located - (Done)
    5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    is he a good dancer?

    I can't see how because he won't have had much practice recently.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
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