We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Rightmove have put the kibosh on propertysnake

24

Comments

  • dannyboycey
    dannyboycey Posts: 1,060 Forumite
    Good riddance. What value did property snake have? ... It was a site designed (a) for mocking these people, and (b) for those nasty people on here and HPC who love laughing at others' financial difficulties. :mad:

    What? Laughing at others financial difficulties?? That's not something I've seen on here to be honest.

    If people are thick enough to take on debt they can't afford, they are going to get screwed, as I believe the crash is now underway. I'm not laughing at their misfortune at all. It is a really sad state of affairs, but it is difficult to feel sympathy for those with whom greed, and 'keeping up with the Jones's' is the main motivating factor.
  • pickles110564
    pickles110564 Posts: 2,374 Forumite
    wolvoman wrote: »
    Am I the only one here who actually thinks rightmove is a pile of pants compared to findaproperty?
    No info on local transport, less floorplans and a more clunky search option.

    Yes :rotfl:
  • pickles110564
    pickles110564 Posts: 2,374 Forumite
    What? Laughing at others financial difficulties?? That's not something I've seen on here to be honest.

    If people are thick they are going to get screwed, as I believe the crash is now underway. I'm laughing at their misfortune greed, and 'keeping up with the Jones's' is the main motivating factor.

    There you go again, so people are thick because they want to buy a home?

    People on here are always setting up threads to worry potential home buyers and trying to put fear of GOD into them that there is going to be a huge crash.They do this because they are jealous and p!ssed off by missing the boat
  • All I know as a seller who hasn't had any viewings and has had to drop the price, all this talk of the crash makes my head hurt, very, very badly. Had we done this but 6 months ago we'd be looking at a ridiculous amount of money. As it is, we're doing this for work purposes, not greed (otherwise we would have sold up at the height of the boom), and we won't make anywhere near what we would have. That sucks, but what I am more worried about is making enough to cover costs of moving house. And that's where the doom-n-gloom talk panics me something awful. What if it takes over a year to sell? How will we carry two mortgages that long??
  • Ms_Piggy_2
    Ms_Piggy_2 Posts: 357 Forumite
    All I know as a seller who hasn't had any viewings and has had to drop the price, all this talk of the crash makes my head hurt, very, very badly. Had we done this but 6 months ago we'd be looking at a ridiculous amount of money. As it is, we're doing this for work purposes, not greed (otherwise we would have sold up at the height of the boom), and we won't make anywhere near what we would have. That sucks, but what I am more worried about is making enough to cover costs of moving house. And that's where the doom-n-gloom talk panics me something awful. What if it takes over a year to sell? How will we carry two mortgages that long??

    ^ ^ ^ What he said ^ ^ ^
  • Pobby
    Pobby Posts: 5,438 Forumite
    There you go again, so people are thick because they want to buy a home?

    People on here are always setting up threads to worry potential home buyers and trying to put fear of GOD into them that there is going to be a huge crash.They do this because they are jealous and p!ssed off by missing the boat

    Um no,certainly not in my case.I own outright so I have no vested interest in scaring people.In my area,low wage in general,what has caused a house valued at around £28k 10 years ago to now be hitting the market at around £140k?The price has gone up,it`s value hasn`t.It still has 2 bedrooms,granted it will have had a makeover but that in no way accounts for a rise of 100s of %.

    Go back to 1999.The stock market is booming,why?Because of it`s sharp rise more and more people were piling in.The companies they were investing in were not increasing in value it was just that because more money was going in so the index grew.A couple of years later the market corrected or,if you will,crashed.

    I see a very similar situation in the house price bubble.But if you believe that``house prices only go up`` or ``the government won`t let a crash happen,be my guest,join the biggest pyramid selling scheme this country has ever witnessed!
  • dannyboycey
    dannyboycey Posts: 1,060 Forumite
    There you go again, so people are thick because they want to buy a home?

    People on here are always setting up threads to worry potential home buyers and trying to put fear of GOD into them that there is going to be a huge crash.They do this because they are jealous and p!ssed off by missing the boat

    Wrong on all counts. I have a £30,000 mortgage to pay off in the UK, a £25K mortgage on a portuguese house and I own a house outright in France. So, no... I haven't really missed the boat. I'm not showing off - none of them are huge villas by a long shot but I'm very happy. And I didn't get them by saddling myself with huge debt - I worked very hard and live below my means, whereby most of my friends are constantly upsizing and saddling themselves with more and more debt. But hey, that's their choice. This talk of a crash is not some wild conspiracy theory - it is happening now! It pains me to see young people rushing to buy a house at any cost in case they miss the boat. It's insane. But there is little I can do to disuade them, and to an extent I don't really care - it's their decision - and any property is always a gamble. Who knows, house prices might rise for the next 5 years.... but then my 3-legged dog might have my dinner ready for me when I get in from work tonight.
  • thelawnet
    thelawnet Posts: 2,584 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    There you go again, so people are thick because they want to buy a home?

    People on here are always setting up threads to worry potential home buyers and trying to put fear of GOD into them that there is going to be a huge crash.They do this because they are jealous and p!ssed off by missing the boat

    How odd. Why should a new graduate living in say Greenwich be bitter that he could have bought a house for £65,000 in 1997, when median salaries were £16,000, but would now pay £245,000 in 2007, with median salaries at £22,500.

    He is obviously to blame for being born 10 years too late - clearly he is simply inferior. He should not be jealous or bitter in the slightest that ten years of property ramping has tripled the real cost of housing. The people that have profited from this are deserving of their spoils and having missed the boat being born in the wrong year he should just quietly sign up to 25 years of paying off a quarter of a million pounds for a 1-bedroom flat.

    Tripling property prices since 1997 can only be a good thing for society and anyone who expresses any doubt about this whatsoever is a fool. In fact, expressing any contrary opinion should be made illegal -- such as expressing the non-approved thought that tripled house prices makes it nearly impossible for young people to afford family homes, meaning that fewer children will be born, causing demographic problems and pension shortfalls.

    As tripling the cost of things is self-evidently wonderful, we should encourage it wherever we can - if we triple the price of all food, this will benefit farmers, and non-farmers will not be jealous at having missed the farming boat. We can also triple the cost of books - this will affect all the jealous people foolish enough not to have got an education yet, but it's their own fault for missing the boat. Just as it's obviously great to ramp up the cost of shelter/housing, ramping up the cost of food, education, etc. would all also be great for everybody! Hurrah. Somebody tell the Bank of England - forget 2% inflation targets, let's ramp it as high as we can, 20-30% on everything per year - it will make Britain a better place.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    thelawnet wrote: »
    How odd. Why should a new graduate living in say Greenwich be bitter that he could have bought a house for £65,000 in 1997, when median salaries were £16,000, but would now pay £245,000 in 2007, with median salaries at £22,500.

    He is obviously to blame for being born 10 years too late - clearly he is simply inferior. He should not be jealous or bitter in the slightest that ten years of property ramping has tripled the real cost of housing. The people that have profited from this are deserving of their spoils and having missed the boat being born in the wrong year he should just quietly sign up to 25 years of paying off a quarter of a million pounds for a 1-bedroom flat.

    Tripling property prices since 1997 can only be a good thing for society and anyone who expresses any doubt about this whatsoever is a fool. In fact, expressing any contrary opinion should be made illegal -- such as expressing the non-approved thought that tripled house prices makes it nearly impossible for young people to afford family homes, meaning that fewer children will be born, causing demographic problems and pension shortfalls.

    As tripling the cost of things is self-evidently wonderful, we should encourage it wherever we can - if we triple the price of all food, this will benefit farmers, and non-farmers will not be jealous at having missed the farming boat. We can also triple the cost of books - this will affect all the jealous people foolish enough not to have got an education yet, but it's their own fault for missing the boat. Just as it's obviously great to ramp up the cost of shelter/housing, ramping up the cost of food, education, etc. would all also be great for everybody! Hurrah. Somebody tell the Bank of England - forget 2% inflation targets, let's ramp it as high as we can, 20-30% on everything per year - it will make Britain a better place.

    Couldn't have put it better myself.

    As an aside, if the price of boats treble too will I have missed the boat boat?
  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Generali wrote: »
    Couldn't have put it better myself.

    As an aside, if the price of boats treble too will I have missed the boat boat?

    No - But it'll probably sink!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.