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Debate House Prices


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Does Your House Make More Than You ?

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Comments

  • buglawton
    buglawton Posts: 9,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Well observed, if boomers sit smugly counting "how much their house earns" it means their kids will never leave home. Are we due another 19th century style mass emigration of the young, I wonder?
  • padington
    padington Posts: 3,121 Forumite
    edited 5 August 2014 at 8:43PM
    buglawton wrote: »
    Well observed, if boomers sit smugly counting "how much their house earns" it means their kids will never leave home. Are we due another 19th century style mass emigration of the young, I wonder?

    Trick is to not have kids, they're little life stealers and there's too many of them anyway. If I want a mini me, I'll go to ASDA and get a 3d print out.

    But I don't, so I didn't.

    We won't have a young persons exodus in London, they'll just get used to sharing more and they might even benefit from the experience.
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    buglawton wrote: »
    Well observed, if boomers sit smugly counting "how much their house earns" it means their kids will never leave home. Are we due another 19th century style mass emigration of the young, I wonder?

    Thing is I don't think it's the boomers that are the worst for cheering on hpi, it's often those who bought in the previous decade who are the worst for seeing property as an investment. Beeny, phil and kirsty have a lot to answer for.
  • ladeeda
    ladeeda Posts: 199 Forumite
    Houses in Ireland, north + south spent a few years making a lot more money than us workers did. Now our children have either left the country completely or can't leave the house.
    Pleased to report that it's unlikely that any house in NI made more than me last year.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    People like easy money though. There's nothing like getting something for doing nothing and that's all uncontrolled hpi is.

    There is something wrong with this mindset.

    There is nothing like earning something. Reward for achievement, or sacrifice. Looking at something and thinking 'i/we did that' .
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    There is something wrong with this mindset.

    There is nothing like earning something. Reward for achievement, or sacrifice. Looking at something and thinking 'i/we did that' .

    That's OK for some people, in some circumstances...... but, for some, after a while you think .... I wish I could win it.

    :)
  • gbsilp
    gbsilp Posts: 74 Forumite
    There is something wrong with this mindset.

    There is nothing like earning something. Reward for achievement, or sacrifice. Looking at something and thinking 'i/we did that' .

    People look at their blind luck and mistake it for investment genius. Seriously, how many BTl investors predicted 0.5% base rates, FirstBuy, FLS, SGS, HTB1, HTB2 etc etc

    "My house earns more than me. I'm an investment genius. I did that"
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    padington wrote: »
    Trick is to not have kids, they're little life stealers and there's too many of them anyway. If I want a mini me, I'll go to ASDA and get a 3d print out.

    And apparently it's the young who are all "me me me".

    Kids don't steal your life. They give you life itself.
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