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Debate House Prices
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Comments
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chucknorris wrote: »Ahh I see, you just want to type unintelligent nonsense, in that case leave me out of it.
We could carry on bragging about your property investment if you prefer.0 -
We could carry on bragging about your property investment if you prefer.
I'm not bragging I was DIRECTLY responding to your post which was indicating only a break even after buying 8 years ago, but then I wouldn't expect someone like you to understand that.Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
chucknorris wrote: »I'm not bragging I was DIRECTLY responding to your post which was indicating only a break even after buying 8 years ago, but then I wouldn't expect someone like you to understand that.
To be fair, your example is one single, unique house.
It's more than obvious averages are being used.0 -
Graham_Devon wrote: »To be fair, your example is one single, unique house.
It's more than obvious averages are being used.
There is nothing much unique about it Graham, my point was about the rent v mortgage (rather than capital value) any property bought on a low margin tracker would also fit. Also to a lesser extent other mortgages would also produce a saving over the rent, I accept in the minority, but certainly not unique. Anyone not intending to sell in the short term doesn't particularly have to concern themselves too much if the capital value has dropped. So it isn't limited to places like London, Aberdeen etc where capital values haven't suffered much in the way of nominal falls.
EDIT: Although I accept to some extent the point will be lost on him because in one of his earlier posts he stated that his rent is only £800 on a 300k plus property (low yield).Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
chucknorris wrote: »I'm simply responding in the same language that he used, as in 'breaking even', You have to read my post in line with the post that I am responding to.
EDIT: As you suggest my home is simply my home, nothing to do with making a loss, profit or breaking even.
Apologies, wasn't meant to sound rude didn't see the spat going on."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
chucknorris wrote: »..... but then I wouldn't expect someone like you to understand that.
I see myself as a "property entrepreneur", so I do have some understanding of these matters, you know. I am just here to chew the fat with the like-minded professionals that frequent this forum to talk up property, perhaps compare portfoilios, that kind of thing.0 -
grizzly1911 wrote: »Apologies, wasn't meant to sound rude didn't see the spat going on.
It's OK, I know that you tend to be reasonable and are not vindictive, no offence taken.Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
I see myself as a "property entrepreneur", so I do have some understanding of these matters, you know. I am just here to chew the fat with the like-minded professionals that frequent this forum to talk up property, perhaps compare portfoilios, that kind of thing.
Really? It seems a bit strange that less than 3 years ago you were renting:
https://forums.moneysavingexpert.com/discussion/comment/34971297#Comment_34971297
Yet now you now have a property portfolio.Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
chucknorris wrote: »Really? It seems a bit strange that less than 3 years ago you were renting:
https://forums.moneysavingexpert.com/discussion/comment/34971297#Comment_34971297
Yet now you now have a property portfolio.
Ahh yes, the halcyon days of 2010. That was before my property investment blew up in my face and left me sleeping on Auntie Maureen's sofa.
If only I could afford that kind of rent now, life would be so sweet. It's no fun sharing the sofa with Uncle Brian after he has been down the pub and can't find his way upstairs.0 -
chucknorris wrote: »Really? It seems a bit strange that less than 3 years ago you were renting:
https://forums.moneysavingexpert.com/discussion/comment/34971297#Comment_34971297
Yet now you now have a property portfolio.
Don't feed the troll.;)“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
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