'We've reached a tipping point' Signs of house price weakness

ukcarper

Crashy_Time wrote: »

If you are servicing debt on a property you don`t own it.

Actually you do

Bubble_and_Squeak

ukcarper wrote: »

Actually you do

you own the debt, not the property

System

Bubble_and_Squeak wrote: »

you own the debt, not the property

Let me just check the deeds to my house... yep, you're wrong.

ukcarper

Bubble_and_Squeak wrote: »

you own the debt, not the property

You own the property the bank has a charge against the property and if they want their money back they have to take you to court.

Bubble_and_Squeak

ukcarper wrote: »

You own the property the bank has a charge against the property and if they want their money back they have to take you to court.

you're coming like danny

ukcarper

Bubble_and_Squeak wrote: »

you're coming like danny

Its just a fact and your starting to sound like Crashy.

Bubble_and_Squeak

ukcarper wrote: »

Its just a fact and your starting to sound like Crashy.

its jumbo technical mumbo jumbo to make you feel good

https://www.youtube.com/watch?v=trfYjucLGj0

robmatic

Bubble_and_Squeak wrote: »

you own the debt, not the property

It's no wonder you're terrified of mortgages when you don't even know what they are.

Bubble_and_Squeak

robmatic wrote: »

It's no wonder you're terrified of mortgages when you don't even know what they are.

its ok
i understand
as the wheels come off the hpi bandwagon the bull will need to find something else to throw at the bear

ukcarper

Bubble_and_Squeak wrote: »

its ok
i understand
as the wheels come off the hpi bandwagon the bull will need to find something else to throw at the bear

The way you are talking I'm starting to think you will not buy next year and will end up like Crashy spending more in rent than you would have done on mortgage.