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Debate House Prices
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People will adjust their spending habits in order to afford their mortgage
Comments
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OffGridLiving wrote: »I guess birds of a feather really do flock together.
I know what you mean.
Time to broaden your wings some of those ducklings turn into much better swans."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 -
She was not on the last house / mortgage as far as I recall.
Hmm.. not sure that is a good enough reason?"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: »Hmm.. not sure that is a good enough reason?
What can I say man, it isn't just Jimmy Carr, Ken Livingstone, Labour Lords, moat owners, bent coppers, nasty nurses, compo seekers, lazy social workers and many others that flout the rules.
In my experience almost no one is an angel although plenty like lecturing others on their ethics and morals.0 -
grizzly1911 wrote: »I know what you mean.
Time to broaden your wings some of those ducklings turn into much better swans.
I'm not adverse to that, but as you get older it's difficult to make new/close friends because there isn't that sense of shared history/experience. I guess also as time goes on, your job becomes more demanding and you have a family and so you become increasingly 'time poor' and so it's difficult to fit in your exisiting friends, let alone any new ones.
I also travel a lot with work and so the only friends I keep in touch with during the week are work-related ones, as they are also travelling and happen to be in the same city/area as me and so we meet up. I'm home at the weekends but then I want to spend time with the wife and kids and so if we see friends, they're joint ones we met at uni, etc.
And so the trend continues. Perhaps when I retire I'll have time to build a circle of friends that come from a wider range of backgrounds. 0 -
Jack_Johnson_the_acorn wrote: »I find it incredulous that people who are capable of buying a house would be incapable of budgeting for a rate rise..... which IMO makes the whole thread a bit obsolete.
There will of course be some people who have no financial planning ability, but you wouldn't expect these people to get a mortgage and those that do must represent a tiny minority of home owners.
You shouldn't use incredulous like that, although it is a great word and should be used more. Sorry to start with a somewhat nit-picky point
There are many, many people who are rubbish at financial planning and some of them are extremely wealthy. The problem is that as long as we offer a safety net for when things go wrong it is in our vested interest to help people with poor financial management skills avoid that.
My OH works in an office where around half of the team are counting the days down to payday. These are well educated, decently paid and intelligent people and either have or could get mortgages easily.Having a signature removed for mentioning the removal of a previous signature. Blackwhite bellyfeel double plus good...0 -
OffGridLiving wrote: »
I'm not adverse to that, but as you get older it's difficult to make new/close friends
Me and the neighbours who are very good mates were saying that we find those people that claim they have loads of friends to be somewhat deluded. They have no more friends than us, but they count in their friends list all sorts of friendly acquaintances, blow - ins, work mates from years back that they see once every 5 years and so on.
We've noticed how someone will meet another person and then a few weeks later they casually describe them as a friend.
This type will often move from one lot to another over the years.
All a bit shallow and somewhat hilarious to sit back an observe.0 -
I love these threads where Graham has people scurrying around suggesting savings just so he can dismiss them out of hand.
The person Graham's thinking of in the OP has a £150k variable rate mortgage, can't get a fix, can't get a pay rise, doesn't have tuppence left after paying for 'essentials', only eats egg & chips, doesn't drink, doesn't smoke, has a bad leg so has to use the car, uses his birdbath for a wash once a week and cries himself to sleep every night with the sheer desperation of it all.
It's Graham's world - we just live in it.
This is alright, but look at the people thanking this. 6 out of the 8 of them celebrate high house prices and encourage debt. Hell, two of them appear to encourage outright fraud to take on debt.
That's what your little slur is really about here. YOU haven't given any solutions to the question posed, just gone to the other extreme and suggested they wash in birdbaths.
I can't compete with the support you are getting. I said it yesterday, I'm more of a lone voice on here. But you are the ones coming up with the suggestions that people will cut back, yet you are the very same ones who won't answer how and instead post responses such as above which do nothing but belittle the person asking the question.
Cooking your own soup, driving less, cutting the heating down one notch on ther thermometer are all great moneysaving exercises and I'm not dismissing them, not at all. What I am saying though is that these very sensible cost saving measures won't come anywhere near the amount your expenditure has increased in the example of a 2% mortgage rate rise. People are currently talking on 4x their income mortgages at today's rate. I think, when looking at these people, my point is valid. I've never suggested I;m looking at anyone else, other people have suggested I am.
Do your best with the slurs back, you'll get lots of support....but deep down you know these people will be in trouble. I'm just not sure you really give a damn.0 -
There are many, many people who are rubbish at financial planning and some of them are extremely wealthy.
My OH works in an office where around half of the team are counting the days down to payday. These are well educated, decently paid and intelligent people and either have or could get mortgages easily.
IME I have seen a number of eductaed, appaerntly inetlligent people who have entered professions, who because of often rapidly rising career and salaries have lived up to them. Up sizing, keeping up with peers etc. then they enter their mid 40s ish and they plateau. They find it hard to back pedal, re-mortgage, then the wedding or similar comes along, borrow, re-mortage and the debt overtakes them although they may still have denuded assets.
There will be many more I am sure who blissfully sail through life and make a nice fluffy bed."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 -
Graham_Devon wrote: »
Do your best with the slurs back, you'll get lots of support....but deep down you know these people will be in trouble. I'm just not sure you really give a damn.
"God grant me the serenity to accept the things I cannot change; the courage to change the things I can; and the wisdom to know the difference. ""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: »"God grant me the serenity to accept the things I cannot change; the courage to change the things I can; and the wisdom to know the difference. "
You are, grizzly, spot on. It's difficult when it's almost every direction. 0
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