Bought property, big mistake :( any words of wisdom?

nubbins

samba wrote: »

You're a nasty piece of work aren't you?

Don't worry he's jealous and wants everyone to suffer like he is every day. Any speak of house price rises and its like a stomach punch to the guts for him. He's already 100 -150k down from when he wanted to buy (2013) to the present and I can guarantee he hasn't squirreled that amount into his savings account during the same period. Tick tock Crashy, soon to be 250k behind the curve, hilarious...........

"i'm calling April as the peak of the london property price bubble.
i was actively looking to buy a house in tottenham late 2013 early 2014 during which time asking prices for a victorian terrace rocketed from around £250-275k to over £400k in around 6 months"


http://www.rightmove.co.uk/property-for-sale/property-49882178.html?premiumA=true

Jack_Johnson_the_acorn

nubbins wrote: »

Don't worry he's jealous and wants everyone to suffer like he is every day. Any speak of house price rises and its like a stomach punch to the guts for him. He's already 100 -150k down from when he wanted to buy (2013) to the present and I can guarantee he hasn't squirreled that amount into his savings account during the same period. Tick tock Crashy, soon to be 250k behind the curve, hilarious...........

"i'm calling April as the peak of the london property price bubble.
i was actively looking to buy a house in tottenham late 2013 early 2014 during which time asking prices for a victorian terrace rocketed from around £250-275k to over £400k in around 6 months"


http://www.rightmove.co.uk/property-for-sale/property-49882178.html?premiumA=true

You're mistaken, that's his alter ego "bubble and squeak"..... Crashy is a different beast entirely, he's terrified of the thought of a mortgage and his rent for the hmo he resides in on the outskirts of Edinburgh hasn't increased in something like 20yrs..... :rotfl:

He's been predicting a crash for the last 20 years and has posted over a 1000times on the debate house price board but he's adamant he doesn't care about house prices..... Odd creature.:beer:

nubbins

Really, I thought they were one and the same. Both numpties anyway.

Crashy_Time

samba wrote: »

I think it's time you faced up to your fears... so the market crashes? So what? Your house won't fall down. And forget about the financial side of things, cos in the end you can't take it with you, so get on and enjoy the here and now.

In the long run, you will be ok, and even if you lose out, it's only money.

Sorry for all the cliches, but they do contain a lot of wisdom.[/QUOTE]



Sorry to burst your bubble, but they don`t. Taking on large debts in a volatile, emergency interest rate, deflationary environment is a short cut to misery.

Crashy_Time

Jack_Johnson_the_acorn wrote: »

Had me in stitches, do home owners not have the benefit of heating like the renters?....... Would you class a HMO with a shared bathroom safe???? I think most of us have different standards to crashy. :rotfl:

Hmmm, looks like certain underemployed/overleveraged property people have migrated from the other forum all of a sudden, wonder why. Don`t know who you think lives in an HMO, is it you? The OP is from someone looking at a loss on property, tell us how that becomes a return on property in your mind can you? If you have a mortgage you are renting the money to experience the property instead of renting the property, no?

Jack_Johnson_the_acorn

Crashy_Time wrote: »

Hmmm, looks like certain underemployed/overleveraged property people have migrated from the other forum all of a sudden, wonder why. Don`t know who you think lives in an HMO, is it you? The OP is from someone looking at a loss on property, tell us how that becomes a return on property in your mind can you? If you have a mortgage you are renting the money to experience the property instead of renting the property, no?

I've no idea what your getting at, other than pretending you can predict the price of a property 3 years into the future, I was going to say you're losing it..... But sadly " it's" long gone.

Re your previous post, you told us all you lived in a HMO but couldn't afford to live there anymore so had to move to a worse property on the outskirts of Edinburgh..... I don't know why you're denying it now, nothing to be ashamed of mate.:)

Fedupofworrying86

Oh, Well i was going to reply on here now but there is a lot to respond to and a few things to ask, so will save that for the train to work tomorrow!

Jack_Johnson_the_acorn

Fedupofworrying86 wrote: »

Oh, Well i was going to reply on here now but there is a lot to respond to and a few things to ask, so will save that for the train to work tomorrow!

If you want a laugh in the meantime just check crashy's post history.... Literally every post is slating anyone who owns a property..... The fella is delusional, obsessed and full of bitterness and jealousy.

Crashy_Time

Jack_Johnson_the_acorn wrote: »

I've no idea what your getting at, other than pretending you can predict the price of a property 3 years into the future, I was going to say you're losing it..... But sadly " it's" long gone.

Re your previous post, you told us all you lived in a HMO but couldn't afford to live there anymore so had to move to a worse property on the outskirts of Edinburgh..... I don't know why you're denying it now, nothing to be ashamed of mate.:)

Think you are confusing me with someone else. Can you link to the post where I say this?

Jack_Johnson_the_acorn

Crashy_Time wrote: »

Think you are confusing me with someone else. Can you link to the post where I say this?

sure just last night.......

Crashy_Time wrote: »

Possibly because I rented a house and paid 1000 p,m (split three ways, HMO) We reckoned that house would have been 800k to buy at the peak (VERY large garden) So frankly either your figures are off, or you don`t know value, or there is no value where you live

Don't know why you're denying it now, no shame in living to your means....... Now you're living further out of the centre in a studio flat because they increased your rent and you couldn't afford it.

You've previously adv that you bought in the 80's/90's.... But you sold to rent and you've been waiting for a crash ever since..... Probably why you're so sickened by everyone who can afford to buy having been removed from the gravy train that is house price inflation..... Best of luck and please no hard feelings.