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Debate House Prices
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Expert prediction for 2012: Down!
Comments
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That's class Hamish. I've missed it.HAMISH_MCTAVISH wrote: »Intergenerational theft through HPI, mostly. Oh, and rising rents. Boomers exploiting the young is usually worth raising a glass to as well.0 -
a wall of seething frustration.
Well given your house buying strategy to date, it's hardly surprising you're so frustrated.
To recap:
Step One: Neglect to buy a house in your 20's while they're cheap.
Step two: Get very, very bitter when you wake up in your mid-30's and realise you screwed up.
Step three: Join HPC to wallow in misery with like minded individuals.
Step four: Post angrily for four years waiting for prices to fall.
Step five: Buy a house when they're 30K more expensive than when you joined HPC.
Step six: Get an expensive fixed rate mortgage because you think rates are about to shoot up.
Step seven: P1ss even more money away on that wasted fix as rates stay at record lows.
Step eight: Don't tell anyone you bought a house, just in case prices do fall further and you look like an even bigger twit after spunking four years worth of rent while waiting for prices to rise 30K, then buying.
Step nine: Accept prices aren't going to fall, and admit you bought.... at a time you were throwing vitriolic abuse at anyone who dared suggest prices wouldn't fall further.... and after prices had already risen a fair way from their lows.
Step ten: Do the patented "geneer squirmy wormy flip flop dance" across every forum you can find, trying to portray this as a victory.“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 -
Awe isn't what I was going for.
A bit of a laugh is what I wanted, and thats what I got.
2 years and 7500 posts is a fair amount of effort for a bit of a laugh. I hope it was worth it for you...
I expect what I got, a wall of seething frustration. :T
I think what you see as a 'wall of seething frustration' might actually be a whole bunch of people thinking that you're a bit weird.0 -
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HAMISH_MCTAVISH wrote: »Well given your house buying strategy to date, it's hardly surprising you're so frustrated.
To recap:
Step One: Neglect to buy a house in your 20's while they're cheap.
Step two: Get very, very bitter when you wake up in your mid-30's and realise you screwed up.
Step three: Join HPC to wallow in misery with like minded individuals.
Step four: Post angrily for four years waiting for prices to fall.
Step five: Buy a house when they're 30K more expensive than when you joined HPC.
Step six: Get an expensive fixed rate mortgage because you think rates are about to shoot up.
Step seven: P1ss even more money away on that wasted fix as rates stay at record lows.
Step eight: Don't tell anyone you bought a house, just in case prices do fall further and you look like an even bigger twit after spunking four years worth of rent while waiting for prices to rise 30K, then buying.
Step nine: Accept prices aren't going to fall, and admit you bought.... at a time you were throwing vitriolic abuse at anyone who dared suggest prices wouldn't fall further.... and after prices had already risen a fair way from their lows.
Step ten: Do the patented "geneer squirmy wormy flip flop dance" across every forum you can find, trying to portray this as a victory.
You're being a bit harsh. Apparently this was all a legendary bit of comedy.
And it does put Geneer's angry rants in perspective. Turns out that peak prices were 20% above where he thought they should be, which is about a year's worth of Noughties HPI.0 -
2 years and 7500 posts is a fair amount of effort for a bit of a laugh. I hope it was worth it for you...
See, what you're doing there is fabricating a narrative as a fall back position.
What I've actually been doing for the last couple of years is discredit, deconstruct and pretty much show up weak bullish arguments.
Which I would have done whether I owned a house or not.
Letting the good ol' boys spin their wheels for two years.
That was very little effort at all.
I think what you see as a 'wall of seething frustration' might actually be a whole bunch of people thinking that you're a bit weird.
Actions speak louder than words robbo.
And for very little investement, I appear to have received quite large returns.0 -
To be fair it's a whole bunch of other weird people being weird about a weird person who is being weird. Basically, it's all a bit f*cking weird.
Fair enough.
Lets not forget the weirdo who's compelled to spend a significant proportion of his time commenting on it, like he's producing some kind of directors commentary. :rotfl:0
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