Sheeple..

Sibley

Who can remember this nice word?

It was invented by Johnathan Davies of HPC.

He aimed it at people who bought a house and lived in it with their family.

Apparently, you were really stupid.
What you should have done was to rent and wait for house prices to crash.

That made you really smug and clever.

OK, your rent has gone up, your savings earn 0% or there abouts.

You have paid off 6 years or more of somebody else's mortgage.

House prices are rising of course but us in the know are just waiting for the quadruple dip that will happen before Christmas.


Long live the sheeple :rotfl:

Pobby

Not so much a joke. More a decision. If they had not been for supported, interest rates, they may have been right. It was not that long ago that people were losing their homes under Thatcher. It always strikes me that maybe people looked at those events and expected the same out come. You might recall that the historical level of around 7 to 8 per cent a year rocketed to way above that.

So, as I see it, due to total mismanagement of the housing market, bank failure we have a major shift in ( not really planned ) response.

We have avoided the crisis which is the case in the Eire market for housing. I see little selling in my neck of the woods.

Results are an underlying factor of inflation. Most people need only look at food and petrol prices to see that. As for utility bills, shocking.

As a saver I feel like there is no way to get a bit of interest. No wonder that people pile lately into the stock market, most likely built on less than good foundations.

We thought a few years ago, on this forum, that 5% interest rates had to go up. Not so.Sibley, if you have bought at the right time feel happy. Don`t be unpleasant to people who perhaps saw it in a different way.

moneyinmypocket

He sounds a right clown, bet he regrets STR now!

People like that can't see past thier own nose.

Well done to all homeowners up and down the country. Taking care of thier families, building up nest eggs

This reckless sheeple has made a mistake, best swallow that biter pill, grin, bend over and make some house viewings, you have 6 years of payments to catch up on lol

ruggedtoast

If you take out the accidental sell to renters, I bet the number of people who actually did sell to rent to short the market are very small.

There was a post over there once by a guy who had done this on the advice of the forum who was in extreme distress, and was taking a lot of grief from his wife. I think he said that every NW increase made him look like an even bigger idiot. He couldnt afford to buy back what he'd sold.

I felt sorry for his wife.

Carl31

Pobby wrote: »

Not so much a joke. More a decision. If they had not been for supported, interest rates, they may have been right. It was not that long ago that people were losing their homes under Thatcher. It always strikes me that maybe people looked at those events and expected the same out come. You might recall that the historical level of around 7 to 8 per cent a year rocketed to way above that.

So, as I see it, due to total mismanagement of the housing market, bank failure we have a major shift in ( not really planned ) response.

We have avoided the crisis which is the case in the Eire market for housing. I see little selling in my neck of the woods.

Results are an underlying factor of inflation. Most people need only look at food and petrol prices to see that. As for utility bills, shocking.

As a saver I feel like there is no way to get a bit of interest. No wonder that people pile lately into the stock market, most likely built on less than good foundations.

We thought a few years ago, on this forum, that 5% interest rates had to go up. Not so.Sibley, if you have bought at the right time feel happy. Don`t be unpleasant to people who perhaps saw it in a different way.

Exactly this. I dont think anyone can claim they really predicted how the economic management of this country has panned out, its pretty much gone against the general principles that are taught in economics, and against historical trend in similar situation. Its just been luck for homeowners that the powers that be decided to back them, for how long that remains the case is anyones guess.

Generali

I hate the word sheeple. It's dismissive and superior. Yuk.

vivatifosi

Sibley wrote: »

Who can remember this nice word?

It was invented by Johnathan Davies of HPC.

No it wasn't. Per the Oxford English Dictionary the etymology is from the 1940s and was indeed a blending of the words sheep and people. I'd imagine in the 1940s people had far more important things on their minds than what was going to happen to house prices.

crash123

Some people on this forum are like Sheeple.

Has anyone noticed that the ganging up against certain posters has started again?

Mr._Pricklepants

Pobby wrote: »

Sibley, if you have bought at the right time feel happy. Don`t be unpleasant to people who perhaps saw it in a different way.

It was not just 'people seeing it in a different way', Pobby.

It was a bunch of vultures hoping for financial meltdown, praying for millions of homeowners and their families to be chucked on the streets in the hope they could pick up a house on the cheap.
We had forum members on here shouting how they would move into the repossessed properties of anyone who dared to mention they owed one or more properties.

Therefore, they deserve nothing more than contempt.

Harry_Boyle

crash123 wrote: »

Some people on this forum are like Sheeple.

Has anyone noticed that the ganging up against certain posters has started again?

I know, but I'm used to it. Thanks for your concern though. They'll get bored eventually.

Percy1983

I have only ever used the term Sheeple to describe those who blindly buy products from apple.