How much would you have lost...

ruggedtoast

Over on hpc.co.uk there aren't many threads like this.

homelessskilledworker

nollag2006 wrote: »

Don't hate anyone tbh, Foxy.

Why are you so angry? You really should reflect on this a little more.

I did have one tenant for a while who sold up their flat in early 2009, moved into my BTL, paid my mortgage and then finally grew a spine and bought again in 2011.

Oh, how he used to lecture me on the folly of staying in the market.

His face was priceless when I put up his rent 10% in the second year of his tenancy. Over the period of his rental, prices in Clapham / Wandsworth area had risen 15%, as had his rent.

Like you and Reinard, just another of life's great losers. Difference is that he grew a spine, and bought back in to the market, in the end.

:rotfl:

I have asked you one simple question and have had nothing but a torrent of abuse on your part, you have suggested I need therapy as a form of insult, which I might add I have needed in the past, to putting up childish pictures of a group of "men"(which I assume you are one of the group) and singling out one person by calling him a loser(me I take it), which I might add fits in perfectly with the image I do have of you.

Earlier it gets a little more lighthearted on a few of the threads with some of the nicer posters and I tell them I was dumped once by a Whitby girl while he is by then rubbishing the North as well, again good old Nollag uses that as ammo, I then also open up and admit I am selfish(we all have our faults:)), and yet again Nollag uses that as ammo, because as we all know Nollag is perfect with a 100 property portfolio and married into royalty, and in all likelihood will come back in the next life hung like Red Rum and with wings.

So eventually we get to the bottom of Nollags experience of STR's, after posting his bile on a weekly basis and of his undying hatered of them which he has shared with this board for years now, he has had a fleeting meeting with the grand total of ONE :rotfl::rotfl:, and even that story is more than a little suspect with his 10% rent hiking fairytale being included in the story yet again.

I don't for one minute believe your imaginery property portfolio exists Nollag(I am sure not many do), I hope to God I am right. Because if you are renting out property it also enforces the stereotype of the evil landlord that so detests his tenants, which you have made no attempt to hide.

And finally I am not an STR:)

And I have not even been clever with my exit strategy which as it happens was around 2006 and forced upon me, but did turn out to be good timing, and MIGHT get even better.

the_flying_pig

nollag2006 wrote: »

...Let's be frank here - if Rhino had stayed in "pwoperdee" (not nice taking the mickey out of his accent), the value of a house would have cost £250k in 2003 would be worth over £360k. Add to that,say £2k per month on wasted rent in the intervening 10 years - gives another £240k.

So the total amount this guy would have lost is about £350k!!!

This is the sort of financial damage that STR causes.

£350k --- puts it all in perspective

yeah, i dunno.

this particular bloke looks like he'll retire comfortably a millionaire anyway.

obviously a big shot like yourself has every right to feel entitled to sneer at him but, well, i suppose the £350k probably means less to him than to most mere mortals.

i mean, don't get me wrong, with hindsight he screwed up big time. with hindsight, obviously. but if the only purpose of the thread is to gloat then, well, it's worth asking oneself how much there is to gloat over here.

Pobby

The gamble didn`t pay off. OK, a gamble but one I think justified. Bubbles, now anyone could have been forgiven to think the UK property market, at that time, was a bubble. Older folk like me who knew a number of casualty
cases when the bubble burst in the late 80s, early 90s when IRs went through the roof. Houses came down by quite a percentage and stayed low for many years.

I have a pretty intelligent group of friends that saw no real good ( not talking about nollag ) in house prices getting out of control. The government has responded in measures that are trying to keep the bubble there. At the very same time as limiting their options. I still think this story has a long way to go.

For a house market to flourish and I believe that in this country it is an important factor in the economy and indeed for many people a mark and reward for working.

It is very clear to me that the dodgy, yes dodgy deals cooked up both here and further more with greater gusto, in the USA have done billions of pounds of long sustained damage.

With a very large part of the younger generation, not only able to buy or afford to rent, we have made a very poor retrospective mistake. The sour fruits yet to happen.

nollag2006

Pobby wrote: »

The gamble didn`t pay off. OK, a gamble but one I think justified.

To gamble your house and lose £350,000, before going on a round the world trip, whilst waiting for the fantasy "house price crash" isnt justifiable.

It is reckless in the extreme.

Generali

nollag2006 wrote: »

To gamble your house and lose £350,000, before going on a round the world trip, whilst waiting for the fantasy "house price crash" isnt justifiable.

It is reckless in the extreme.

....and not your problem.

I have to admit, I'm with Foxy(?) here. I don't understand the obsession with the poor financial decisions of other people. It's not your problem.

If they were claiming the dole as a result then fair enough as that comes out of your taxes. Live and let live I say.

nollag2006

Generali wrote: »

....and not your problem.

I have to admit, I'm with Foxy(?) here. I don't understand the obsession with the poor financial decisions of other people. It's not your problem.

If they were claiming the dole as a result then fair enough as that comes out of your taxes. Live and let live I say.

I refer you to the lovely Kirsty from 3:35 onwards:
http://www.housepricecrash.co.uk/med...2005-12-12.wmv

The likes of Rhino, and the other HPC leaders, feed off the fear of others and try (and fail) to drive a crash solely so they can buy a house at a knock down price.

They have cost those who have followed their wisdom literally millions.

They need to be called out, and ridiculed for their ridiculous ideas.

mystic_trev

nollag2006 wrote: »

They have cost those who have followed their wisdom literally millions.

They need to be called out, and ridiculed for their ridiculous ideas.

Where's your evidence? I can't find anyone complaining the websites cost them a fortune?

MacMickster

homelessskilledworker wrote: »

What I am saying is that hardly anybody knows of one of your elusive "STR's" in the REAL world that you constantly obsess over, except that is for the few that post on HPC, a site that you also obsess over and one that you have no control over, it seems to be driving you nuts

I suspect, that for some, internet forums are their personal real world. They have little face to face contact with people, confining themselves to internet chatrooms.

I am not sure whether some of the extreme personality traits that they tend to exhibit are the result of, or the cause of, this withdrawal from real life.

chucknorris

mystic_trev wrote: »

Where's your evidence? I can't find anyone complaining the websites cost them a fortune?

The website would not be responsible! It only offers an opinion, one side of an arguement. It is up each individual to make their own decisions, especially ones that involve at least tens of thousands of pounds.