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Debate House Prices


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Houses round my way are selling for high prices and like hot cakes

ruggedtoast
ruggedtoast Posts: 9,819 Forumite
in Debate House Prices & the Economy
So I was lucky enough to buy my house last year from a distressed and f e c k l e s s boomer.

This year I see houses identical to mine selling in short order. Two the same as mine went STC in just one day.

These houses are selling for a high price!

Conservatively, and thanks to my canny buying skills, I've probably made £15k to £20k on my house in just one year.

I just wanted to share with the forum how happy I am, for myself.
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Comments

  • macaque_2
    macaque_2 Posts: 2,439 Forumite
    ruggedtoast wrote: »
    So I was lucky enough to buy my house last year from a distressed and f e c k l e s s boomer.

    This year I see houses identical to mine selling in short order. Two the same as mine went STC in just one day.

    These houses are selling for a high price!

    Conservatively, and thanks to my canny buying skills, I've probably made £15k to £20k on my house in just one year.

    I just wanted to share with the forum how happy I am, for myself.

    There are times when mockery is just not enough.
  • purch
    purch Posts: 9,865 Forumite
    I am sure I referred to the OP as ruggedboast a couple of years ago on a thread.

    I cannot for the life of me see why I would have done so :eek:
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • Carl31
    Carl31 Posts: 2,616 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Combo Breaker
    Hot cakes? you mean, due to the recent VAT announcement concerning baked goods and their served temperature, a lot less than they were before?
  • Itismehonest
    Itismehonest Posts: 4,352 Forumite
    Actually, OP, you haven't made a penny until you've sold the house & pocketed the money.
  • System
    System Posts: 178,422 Community Admin
    10,000 Posts Photogenic Name Dropper
    3 houses I was interested in went under offer last week. This is going to be harder than I expected.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    Joeskeppi wrote: »
    3 houses I was interested in went under offer last week. This is going to be harder than I expected.

    I know. The frustrating thing I find is darn it's sold, oh now it hasn't, darn sold again, oh back on the market again.

    I can't keep up with all this excitment in the housing market at the moment, it's like watching a pantomime.
    Why are we here?......................because we are not all there.
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    I should reiterate I am not advocating high prices and unaffordable housing for hard pressed first time buyers. :naughty:

    I just don't want them to be able to afford my particular property.
  • System
    System Posts: 178,422 Community Admin
    10,000 Posts Photogenic Name Dropper
    There's a few that have been Sold STC for over a year.

    Am I allowed to phone the EA and tell him to call me if it falls through?
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Neverland
    Neverland Posts: 271 Forumite
    shortchanged wrote: »
    I can't keep up with all this excitment in the housing market at the moment, it's like watching a pantomime.

    I can't keep up with all the excitement on this board at the moment, its like punch and judy...

    "house prices are going up"

    "oh no they aren't"

    *bash*bash*

    "thats the way to do it"...

    ...repeat ad nauseam
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    ruggedtoast wrote: »
    I should reiterate I am not advocating high prices and unaffordable housing for hard pressed first time buyers. :naughty:

    I just don't want them to be able to afford my particular property.

    I totally agree. This is why my house is worth £100K more than similar houses to mine.

    I really can't understand why people have the nerve to think their property is worth as much as mine.
    Why are we here?......................because we are not all there.
This discussion has been closed.
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