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

saguk1234

Its us youngsters that will eventually buy your houses from you. But at this rate with house prices being so high and fewer and fewer of us youngsters around able to buy, who is going to buy your houses then???

Crashy_Time

HAMISH_MCTAVISH wrote: »

Oh it's a real eye opener.

But this is how they are. This is how they think.

The aggression, blinkered ignorance, and hostility are just a way of mental compensation for their own failures.

You should know Hamish, you trolled there long enough with your mentalist graphs and crazy growth projections. Can just imagine you as a financial advisor in 2004, maybe talking to someone about to buy a flat for around 70k in Edinburgh, pulling out all your projections about half the third world living in Scotland by then and how the investment would have at least quadrupled...........didn`t really play out did it?

Crashy_Time

saguk1234 wrote: »

Its us youngsters that will eventually buy your houses from you. But at this rate with house prices being so high and fewer and fewer of us youngsters around able to buy, who is going to buy your houses then???

You have just nailed their deepest fear. The fear that THEY are the last of the Greatest Fools, and that no one in the future will borrow the Ponzi price that they paid. (this one keeps Hamish awake at night, it scares him more than the thought of the oil running out)

Percy1983

saguk1234 wrote: »

Its us youngsters that will eventually buy your houses from you. But at this rate with house prices being so high and fewer and fewer of us youngsters around able to buy, who is going to buy your houses then???

All being well more houses will be built, we won't have rampant HPI and houses will remain affordable for those who work hard for it.

I genuinely don't care for HPI, even if my house is worth £50k 23 years from now I will live in it rent free for many years and still be better off than somebody to choose to rent while waiting for a crash which never happened and will still be a £50k house up on them.

PS less of the fossil, I am only 30 (31 later this month I admit).

mayonnaise

You have to love it.

These HPC crashoholics are even too extreme for our most hardened MSE bears. :rotfl:

Rota

saguk1234 wrote: »

You fossils jump up and down loving HPI but spare a thought for us youngsters who are now stuck between a rock and a hard place. Rent forever or be a slave to huge debt.

Wasn't any different for me. Started making sacrifices in my mid 20s so was able to buy at 29. Paying the place off was no cake walk either but living rent/mortgage free at 40 is really nice.

Rota

mayonnaise wrote: »

You have to love it.

These HPC crashoholics are even too extreme for our most hardened MSE bears. :rotfl:

I havent been on this site long but there seems to be balanced debate which is great. Say anything, and I mean anything positive about housing on HPC you are called an EA, some drop kick will start asking mods to ban you, you then get banned and deleted with no reason.

I suppose when you have been wrong for over a decade it must be hard to take. :rotfl:

Rota

Percy1983 wrote: »

All being well more houses will be built, we won't have rampant HPI and houses will remain affordable for those who work hard for it.

I genuinely don't care for HPI, even if my house is worth £50k 23 years from now I will live in it rent free for many years and still be better off than somebody to choose to rent while waiting for a crash which never happened and will still be a £50k house up on them.

PS less of the fossil, I am only 30 (31 later this month I admit).

Good on you Percy, you seem positive and ambitious. Keep it up!

Rota

saguk1234 wrote: »

If its well over £100k and its not sitting in your bank, then you have made diddly squat. Zero. Nada. 0.

When you sell, then come and tell us how much you have made.

Would you rather have an asset you can convert to 100k or be paying someone elses mortgage and struggling to save a few £ on top each month?

lukeh23

I just find the whole thing sad.

You have one half gloating over their position and not giving two petes sbout the mess left for the next generation and the others wanting to see catastrophic crash that will leave thousands without work and finianicial ruin.

You get more balanced debate on a kids video gaming forum.