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

Crashy_Time

Jack_Johnson_the_acorn wrote: »

Right, and I'm the delusional one..... Renters are forced to move out when their LL decides. This could be every 6 months, each time you rent you are charged an eye watering amount of fees. I only pay out "fees" when I choose to sell. possibly never. I am in control of my own housing Destiny. The renter is not

Agents fees are banned in Scotland, the deposit has to go into a deposit protection scheme as well if the tenant requests it. The last flat I had lasted 7 years, landlord agreed to keep the deposit for last months rent, and the next flat was 50 p.m cheaper. Don`t believe all the nonsense you read in Hamish posts.

Crashy_Time

Joeskeppi wrote: »

HPC are making a good account of themselves aren't they.

Yes they are.

Crashy_Time

wotsthat wrote: »

If someone wants to buy but, for whatever reason, can't then it's clearly silly telling them they should have bought - but no-one is telling them that.

It's relevant for Crashy because he says he could have bought in 1998 but thought prices were too high. Personally I think Crashy couldn't have bought in 1998 and still can't so to an extent he had to rent anyway.

It's relevant for HPC_Troll because, I think, he sold to rent (in the South-East) in 2012. HPC_Troll hasn't shared his experience but what do you reckon he's invested in so far - he already had a house but tried to be too clever. He's arguing that now is the tipping point using the same arguments he made in 2012 just before he threw what?, £50k down the drain?

Buying is the only choice if you want to buy - which is what I've done and everyone on HPC wants to do (apart from Bruce Banner who's making an apparent fortune renting). The argument is about the best way to end up as a homeowner - if people want to kid themselves the best way is to buy and sell houses like shares in BT (even though, sniff, homes are for living in rather than for speculating with) and pay rent waiting for falls good luck to them.

How much did you pay in cash for your house if you don`t mind me asking?

Jack_Johnson_the_acorn

Crashy_Time wrote: »

Agents fees are banned in Scotland, the deposit has to go into a deposit protection scheme as well if the tenant requests it. The last flat I had lasted 7 years, landlord agreed to keep the deposit for last months rent, and the next flat was 50 p.m cheaper. Don`t believe all the nonsense you read in Hamish posts.

So that isn't your rent going down then is it..... You can't seriously be that stupid.

You moved house and found a cheaper place likely smaller and or in a worse area.... That isn't an indication of rent prices reducing.....:rotfl:

Crashy_Time

Jack_Johnson_the_acorn wrote: »

So that isn't your rent going down then is it..... You can't seriously be that stupid.

You moved house and found a cheaper place likely smaller and or in a worse area.... That isn't an indication of rent prices reducing.....:rotfl:

So paying £50 p.m less rent isn`t your rent going down? No doubt until you read that you thought that every time a renter moved their rent went up, because that is how things work? Idiot.

ukcarper

Crashy_Time wrote: »

So paying £50 p.m less rent isn`t your rent going down? No doubt until you read that you thought that every time a renter moved their rent went up, because that is how things work? Idiot.

Can you let us know some details about the 2 properties.

Crashy_Time

ukcarper wrote: »

More people might view the thread over time but last 23 people were log in that is about average. I'll ask again what do you think he earns.

Are you calling someone thick that's a joke.

Stop right there, hold the thought, don`t let it slip away, you have the idea now...at last.

ukcarper

Crashy_Time wrote: »

Stop right there, hold the thought, don`t let it slip away, you have the idea now...at last.

Not prepared to then.

chucknorris

Jack_Johnson_the_acorn wrote: »

So that isn't your rent going down then is it..... You can't seriously be that stupid.

You moved house and found a cheaper place likely smaller and or in a worse area.... That isn't an indication of rent prices reducing.....:rotfl:

Opinion is divided, Bruce Spanner and Chrashy think it is, whereas the more intelligent population of the UK know otherwise.

Jack_Johnson_the_acorn

Crashy_Time wrote: »

So paying £50 p.m less rent isn`t your rent going down? No doubt until you read that you thought that every time a renter moved their rent went up, because that is how things work? Idiot.

You're a complete imbecile, this is no indication of rents going down, this is only evidence of you moving home to somewhere cheaper. If I sell my house for 200k and buy another house for 100k does that indicate that houses are decreasing in value?

Please answer crashy :rotfl: