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Debate House Prices
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Telegraph-Spare a thought for HousePriceCrash whingers as prices prepare for take off
Comments
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Mr._Pricklepants wrote: »
I know, not much of a credential compared to graham_devon with his 45K posts on MSE but just saying.
Fred Goodwin got a knighthood for services to the financial sector.
He could obviously never be wrong then?0 -
When house prices are rising, I'm sure these HPI nutters have a picture in their head of a bank clerk adding crisp notes into their special jar on the shelf.
So when they see a headline saying "house prices rise £100 a day", they see the cash getting put in the jar.
And when they want some "free money" they go along and they get given the money out of their jar.
THAT'S NOT HOW IT WORKS YOU MORONS.
Kind of is though in a way. If you take 30k out of that jar and convert your loft , You've potentially got a spare room that could pull in loads of rent a month forever. Making a £350 profit every month for 25 years after extra mortgage costs are paid and then £500 a month pure profit there on after.
The doubling of prices in the real game of monopoly heavily benefits those that rolled well and bought early.
It's a bit evil how it works for those that got a bum deal with the dice or faffed around holding out for community chest and chance cards instead - but that is how HPI works.
Mark twain said 'buy land, they're not making it anymore' and that was before the 'help to buy' scheme ...Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.0 -
The doubling of prices in the real game of monopoly heavily benefits those that rolled well and bought early.
Paying income tax and house repairs can soon put pressure on cashflow though. Made worse if tenants pass your properties by to land on property owned by others.
Remortgaging existing property is a gamble that doesn't guarantee you win the game0 -
Thrugelmir wrote: »Made worse if tenants pass your properties by
Build another 3 or 4 million properties over the next 10 years and they might even have that option as a realistic choice, too.
Until that happens, not so much...“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 -
When house prices are rising, I'm sure these HPI nutters have a picture in their head of a bank clerk adding crisp notes into their special jar on the shelf.
So when they see a headline saying "house prices rise £100 a day", they see the cash getting put in the jar.
And when they want some "free money" they go along and they get given the money out of their jar.
THAT'S NOT HOW IT WORKS YOU MORONS.
If my house increases in value so does my wealth and vice versa.
I've never really had visions of the sort you describe though.0 -
I agree with this completely because demand and the housing shortage cannot be resolved any other way.HAMISH_MCTAVISH wrote: »Build another 3 or 4 million properties over the next 10 years and they might even have that option as a realistic choice, too.
Until that happens, not so much...0 -
grizzly1911 wrote: »Most people aren't like you, takes a bit of thought, risk and hard work pulling all the strands together.
It does take a bit of effort, thought, risk and hard work, I agree with you.
Suppose that's enough for many not to consider the benefits then............grizzly1911 wrote: »A bit like saying you get a much better jumper if you knitted one.
Not really.
I could maybe agree with you saying you get a cheaper jumper if you knit one yourself.
Quality is debatable however.
The thing is, my self build is not a true self build in that I have not taken on the responsibility of Project Managing (although there needs to be input), architects, builders, joiners, electricians, utility connections, sewarage connections etc etc etc.
I have contracted a single builder to manage all of this.
It's essentially getting a recognized property builder and getting them to build to my design off plan as opposed to getting their bog standard specification and buying once built.
The beauty of instructing from plan is that you are able to get the property that you want:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
This has destroyed the lot of emWe love Sarah O Grady0
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IveSeenTheLight wrote: »n............
Not really.
I could maybe agree with you saying you get a cheaper jumper if you knit one yourself.
Quality is debatable however.
Didn't suggest you knitted it;)
It still takes a whole lot of effort and confidence to do what you are doing, Most people want the easy life, new build or the sort of renovation work that can be done out of B&Q."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 -
grizzly1911 wrote: »Didn't suggest you knitted it;)
It still takes a whole lot of effort and confidence to do what you are doing, Most people want the easy life, new build or the sort of renovation work that can be done out of B&Q.
Totally agree.
I once bought a property off plan and marketed it as completed without "staging" the property as recommended.
After a couple of viewings, I realized that people still could not visualize living there.
I put down some simple carpets, staged the property with furniture and next viewing I had an offer that exceeded my asking price as they wanted to secure.
People couldn't envisage the property off plan
People still couldn't envisage living in the property before it was staged.
People just wanted to look at a property, see the furniture and say to themselves "yes, I can live here"
Now if more were willing to explore the options they have, they might just realise they can get far better value than following the tradition.:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0
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