House prices in the real world....

harpoboy

Mr._Pricklepants wrote: »

Like those putting money in bitcoin? :rotfl:

What ever happened to all those threads advising us to invest in gold, rather than houses?

grizzly1911

harpoboy wrote: »

What ever happened to all those threads advising us to invest in gold, rather than houses?

Seen as a golden opportunity by others to get in there.

http://countingpips.com/forex-news/2013/04/why-this-historic-fall-in-the-gold-price-equates-to-a-historic-opportunity/

EDIT:- I don't do gold BTW, well not knowingly.

geelamch

If you believe all this tosh on this thread I think medication not education is the requirement here.
People still losing jobs monthly ,no long term employment ,young unemployment at record high oh yes combine those alone and you have the factors for a boom economy hmmmmm....
Forget London and the Thames corridor,this is fuelled by a great deal of foreign cash ,subsidised accom and company money.
The ordinary joe has a while yet before we see light at the end of the tunnel and even then will and should be very wary of big commitment.
I recall the negative equity of the nineties ,interest rates of 10-14% ,rate increase twice in one day.i was paying £512 monthly for a £26000 mortgage ,roughed it out for two years and sold for a loss.
The problems associated with house buying are and will always be here so the statements that this is the time to buy in my opinion can be manipulated by those with a self interest ie, banks ,house builders estate agents and sellers. Bankers etc aside we are paying the price for an overheated and over indulgent economy ,are we now saying that that we should now all jump back into the "frying pan "once more.lets learn a wee lesson here and slow down ,keep your head above water,feed and clothe yourself,make sure you have a degree of employment security and a few months salary squirrelled away to avoid the 1 wage from disaster scenario lifestyle that we all bought into.
A house doesn't bring happiness to most ,being able to sleep at night does.

worried_jim

Have to admit there is no housing crash here in Brighton, they did loose value like every where else but they are now being advertised for the same amount at there peak in 2007 and are selling in two weeks in my street (86 identical properties).
Plenty of jobs down here as well, we have been recruiting for the last 6 months.
I get three letters a month from the three local estate agents telling me they have buyers for properties in this street and that they have just sold a property similar to mine in a matter of days.

As the above post says-
"A house doesn't bring happiness to most, being able to sleep at night does."
I sleep very well, have loads of equity (lived here for 10 years) paying the lowest ever for a mortgage and am very happy re home situation and job. I feel very fortunate.

ukcarper

geelamch wrote: »

If you believe all this tosh on this thread I think medication not education is the requirement here.
People still losing jobs monthly ,no long term employment ,young unemployment at record high oh yes combine those alone and you have the factors for a boom economy hmmmmm....
Forget London and the Thames corridor,this is fuelled by a great deal of foreign cash ,subsidised accom and company money.
The ordinary joe has a while yet before we see light at the end of the tunnel and even then will and should be very wary of big commitment.
I recall the negative equity of the nineties ,interest rates of 10-14% ,rate increase twice in one day.i was paying £512 monthly for a £26000 mortgage ,roughed it out for two years and sold for a loss.
The problems associated with house buying are and will always be here so the statements that this is the time to buy in my opinion can be manipulated by those with a self interest ie, banks ,house builders estate agents and sellers. Bankers etc aside we are paying the price for an overheated and over indulgent economy ,are we now saying that that we should now all jump back into the "frying pan "once more.lets learn a wee lesson here and slow down ,keep your head above water,feed and clothe yourself,make sure you have a degree of employment security and a few months salary squirrelled away to avoid the 1 wage from disaster scenario lifestyle that we all bought into.
A house doesn't bring happiness to most ,being able to sleep at night does.

I'm not sure why you say that the vast majority of people pay there mortgage and live happily in their houses and most don't lose any sleep worrying about what they are worth I certainly don't and never have.

geelamch

ukcarper wrote: »

I'm not sure why you say that the vast majority of people pay there mortgage and live happily in their houses and most don't lose any sleep worrying about what they are worth I certainly don't and never have.

Probably needs deciphered.
not sure where you found the above quote ?the context of my post is to be aware that many people are in or coming through a financial nightmare ,individual circumstances not really relevant as it is a generalisation on many parts of the country,working families especially are struggling and many other demographics. The point was to demonstrate that if we repeat the mistakes of the past 20 years we will be reading the same posts in 10 years time

ukcarper

geelamch wrote: »

Probably needs deciphered.
not sure where you found the above quote ?the context of my post is to be aware that many people are in or coming through a financial nightmare ,individual circumstances not really relevant as it is a generalisation on many parts of the country,working families especially are struggling and many other demographics. The point was to demonstrate that if we repeat the mistakes of the past 20 years we will be reading the same posts in 10 years time

Why use most then as even now it's a minority.

harpoboy

geelamch wrote: »

Probably needs deciphered.
not sure where you found the above quote ?the context of my post is to be aware that many people are in or coming through a financial nightmare ,individual circumstances not really relevant as it is a generalisation on many parts of the country,working families especially are struggling and many other demographics. The point was to demonstrate that if we repeat the mistakes of the past 20 years we will be reading the same posts in 10 years time

Please learn to structure your sentences more coherently.

I gave up after the first sentence on this one.

geelamch

ukcarper wrote: »

Why use most then as even now it's a minority.

I struggle to fathom someone like yourself out,once again you say " why use most" I have not used this word.you continue with childish misquotes indicating a cry for attention or at best a vested interest in something you don't want to hear.
Whether you agree or don't agree with posts/ threads on this site is your free choice and I would defend anyone on that ,however I find after sampling reading your previous posts etc that you are probably the antagonising type so make best stick to issues . Or here's a better suggestion " grow up".

marathonic

harpoboy wrote: »

Please learn to structure your sentences more coherently.

I gave up after the first sentence on this one.

Based on his following post, I don't think he's taken your advice.