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

chucknorris

Crashy_Time wrote: »

I would say the majority of the posters here bought at peak and are just starting to realise what a mistake they have made.

I bought mostly in the early 90's (we've got 9 properties) and you know what? Most of my work colleagues (also chartered surveyors) thought that I was mad, saying that everything had changed, prices would never go North again etc. so I have heard it all before.

Crashy_Time

Jack_Johnson_the_acorn wrote: »

The sooner you buy the more you save. This it seems is lost on you.... I will have paid my mortgage off in 9 years, if you continue to rent for 10 years how much will that have cost you? You could be mortgage and rent free in that time.

If you cant afford a deposit or don't fulfill the lending criteria then I'm sorry. But choosing not to buy in an attempt to time the market is extremely unlikely to yield successful results.

What you are saying doesn`t make sense, I am saving more than my rent every month, and have been for some time, rents here have gone nowhere in 17 plus years, I could pay my living costs for years without working, why do I need to own or "own" bricks and mortar?

Rota

Crashy_Time wrote: »

What you are saying doesn`t make sense, I am saving more than my rent every month, and have been for some time, rents here have gone nowhere in 17 plus years, I could pay my living costs for years without working, why do I need to own or "own" bricks and mortar?

Where will you live when you retire?

Crashy_Time

ukcarper wrote: »

If people are ramping can you explain how it works when there are not many people reading the threads and half of those are rampers and the other half are HPC's.

Well Hamish for example has 18,000 posts on here, multiple thousands on HPC (before they got tired of the constant B.S posts and graphs and banned him) and he (and other VI trolls/rampers) could be members of many property discussion websites for all we know? There are certain themes to a Hamish post (MORE building, MORE lending) and those seeds are spread over many other threads on MSE (one of the best known websites in the UK) and he seemed to pop up on HPC just as the site was getting more mentions in the media. I`m not sure what it is you are struggling to understand?

Crashy_Time

Rota wrote: »

Where will you live when you retire?

Who cares? I have enough money to rent or buy when the time comes. (remember, by the time I retire "property Investment" will be a dirty word)

ukcarper

Crashy_Time wrote: »

Well Hamish for example has 18,000 posts on here, multiple thousands on HPC (before they got tired of the constant B.S posts and graphs and banned him) and he (and other VI trolls/rampers) could be members of many property discussion websites for all we know? There are certain themes to a Hamish post (MORE building, MORE lending) and those seeds are spread over many other threads on MSE (one of the best known websites in the UK) and he seemed to pop up on HPC just as the site was getting more mentions in the media. I`m not sure what it is you are struggling to understand?

18000 posts read by the people a couple of hundred people most of whom either agree with him or will never take any notice of what he says.

Jack_Johnson_the_acorn

Crashy_Time wrote: »

Well Hamish for example has 18,000 posts on here, multiple thousands on HPC (before they got tired of the constant B.S posts and graphs and banned him) and he (and other VI trolls/rampers) could be members of many property discussion websites for all we know? There are certain themes to a Hamish post (MORE building, MORE lending) and those seeds are spread over many other threads on MSE (one of the best known websites in the UK) and he seemed to pop up on HPC just as the site was getting more mentions in the media. I`m not sure what it is you are struggling to understand?

Marked as SPAM...... not for the first time either.... :eek:

ukcarper

Rota wrote: »

Where will you live when you retire?

There is actually more to it than that I took early retirement a few years ago that would have been impossible if I was renting.

Jack_Johnson_the_acorn

Crashy_Time wrote: »

Who cares? I have enough money to rent or buy when the time comes. (remember, by the time I retire "property Investment" will be a dirty word)

WOW :eek:

His delusion is limitless it seems..... Who cares??? who cares about having a secure roof over their head when they're old, vulnerable and forced to pay ever increasing rent with v little income......

Why would anyone care about that!!!

Crashy_Time

ukcarper wrote: »

There is actually more to it than that I took early retirement a few years ago that would have been impossible if I was renting.

Why? Wouldn`t you have got some kind of housing benefit? HB is the only reason you can kid yourself on that the place you own is worth 1300 rent p.m