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Debate House Prices


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Land Registry - January up 1.1% mom

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Comments

  • DaddyBear
    DaddyBear Posts: 1,208 Forumite
    RenovationMan wrote: »

    Bears are just HPI cheerleaders who haven't bought yet.


    What complete and utter rubbish. You'll never see me posting anything positive about house price rises. HPI is a disease.
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Joeskeppi wrote: »
    Ah, lucky for you, bad for everything else.

    !!!!ing greedy HPI ramping cheerleader "I'm alright Jack" bulls!

    So because I have been lucky in a potentially bad situation (prices rising) I now think prices should go up? :rotfl:

    Yes if prices continue up I have been very lucky, but if I was a bull I would saying it was pure still and I planned it that and not calling it luck surely.
    Have my first business premises (+4th business) 01/11/2017
    Quit day job to run 3 businesses 08/02/2017
    Started third business 25/06/2016
    Son born 13/09/2015
    Started a second business 03/08/2013
    Officially the owner of my own business since 13/01/2012
  • RenovationMan
    RenovationMan Posts: 4,227 Forumite
    shortchanged wrote: »
    I'm quite happy to give all my 'equity' away in return for a housing market that returns to pre boom levels.

    Proved my point. You're happy to gift away HPI that you didn't earn, but I bet if you bought in 2006 you wouldn't be so generous with gifting away your hard-saved deposit and being stuck in negative equity for years.
  • RenovationMan
    RenovationMan Posts: 4,227 Forumite
    DaddyBear wrote: »
    What complete and utter rubbish. You'll never see me posting anything positive about house price rises. HPI is a disease.

    Perhaps this will change once you buy.
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    RenovationMan wrote: »
    Proved my point. You're happy to gift away HPI that you didn't earn, but I bet if you bought in 2006 you wouldn't be so generous with gifting away your hard-saved deposit and being stuck in negative equity for years.

    Does this include you RenoMan?
    Why are we here?......................because we are not all there.
  • RenovationMan
    RenovationMan Posts: 4,227 Forumite
    shortchanged wrote: »
    Does this include you RenoMan?

    Does what include me?
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    RenovationMan wrote: »
    Proved my point. You're happy to gift away HPI that you didn't earn, but I bet if you bought in 2006 you wouldn't be so generous with gifting away your hard-saved deposit and being stuck in negative equity for years.

    Interestingly it really wouldn't bother me if prices dropped to less than my mortgage, I would just keep living it while paying a mortgage which is less than rent and be happy.
    Have my first business premises (+4th business) 01/11/2017
    Quit day job to run 3 businesses 08/02/2017
    Started third business 25/06/2016
    Son born 13/09/2015
    Started a second business 03/08/2013
    Officially the owner of my own business since 13/01/2012
  • RenovationMan
    RenovationMan Posts: 4,227 Forumite
    Percy1983 wrote: »
    Interestingly it really wouldn't bother me if prices dropped to less than my mortgage, I would just keep living it while paying a mortgage which is less than rent and be happy.

    Just two questions...

    1. How much of a deposit did you put down when you bought your house?
    2. How long did it take you to save for that deposit?
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    RenovationMan wrote: »
    Does what include me?

    Being stuck in negative equity if house prices returned to the level before house prices rapidly took off?
    Why are we here?......................because we are not all there.
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    shortchanged wrote: »
    I'm quite happy to give all my 'equity' away in return for a housing market that returns to pre boom levels.

    How would that affect your LTV and your mortgage rates?
    Would you be paying more?
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
This discussion has been closed.
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