Paul Hodges: UK house prices to fall 50% in global ‘Great Unwinding’

chucknorris

TheBlueHorse wrote: »

Not necessarily, you can keep investing and then leave it to me. I will step in, out of the goodness of my heart.


It's win win. You get to keep investing, which you love - and i'll get a huge chuck of cash/assets when the sad time comes, which I love (I'm talking of the cash not your demise!)


You're welcome.

Thank you for increasing my options, but I'll stick with plan A.

chucknorris

mwpt wrote: »

Ah, fair enough.

I've played rugby all my life so at some point I want to become involved in coaching rugby. That is a dream for me, especially at junior level where I think I see ways to really improve coaching techniques.

I've also got a number of pet tech projects which I work on when I have free time. I'll continue to do so. One day, one might make me money, but if not, I've enjoyed them anyway.

Another for me in the future (when financially secure) is to move out of my primary career and perhaps look at teaching (maths, science). This seemed attractive at one point but after hearing a lot of horror stories I think I'd only do it in a decent private school. That is win win because I could coach rugby too.

Another option is to learn a technical trade of some sort and work when I want.

Or, just grow the vegetables in my garden in South of France and enjoy the sun!

I'll not be short of things to do, in fact, I may not even be able to do everything that I would like to. I originally retired in my early 40's, but I didn't plan it at all (I just suddenly stopped because my finances reached a target milestone), this time around I have given it a lot of thought.

marlot

MrRee wrote: »

In the meantime, house prices just still keep on rising ....... you simply can't lose on bricks n mortar!

Oh I did. I bought my first house for £60k and sold for £40k.

It can and will happen again. The trick is working out when!

mwpt

chucknorris wrote: »

I'll not be short of things to do, in fact, I may not even be able to do everything that I would like to. I originally retired in my early 40's, but I didn't plan it at all (I just suddenly stopped because my finances reached a target milestone), this time around I have given it a lot of thought.

Yup. I think I just got sucked up in the moment and enjoyed musing about my own plans

ukcarper

marlot wrote: »

Oh I did. I bought my first house for £60k and sold for £40k.

It can and will happen again. The trick is working out when!

And a lot of people have wasted a lot of money trying to time that.

carslet

marlot wrote: »

Oh I did. I bought my first house for £60k and sold for £40k.

It can and will happen again. The trick is working out when!

I remember a good friend of mine in the late 80's buying a house for 50k and having to sell it a few years later for 20 % less,

It did happen again at 2007 prices

Gavin234

I can't see how any of the perma Bulls can ignor those points, they can't argue against them, so just ignore them. I guess this is what being a perma bull is all about.

This forum should instead be called, perma bull shout about all the population going up faster then new houses being built, but ignor the facts that very few can afford these new houses until they correct back to normal levels based on historical ratios.

Look at the population of North France going up with all the refugees trying to make it to the UK in a truck, thy have an acute housing shortage, but the perma Bulls overlook the fact that it doesn't matter how many people want to live in a property, all that matters is how many can afford it.

Crashy_Time

Generali wrote: »

Phased selling is a good plan. It mitigates your risks a lot.

Unless the phases happen to coincide with the biggest global bust of all time :rotfl:There is so much hypothetical pretentious twaddle in the last few posts alone that I will have to stop reading this thread now. Basically anyone going into this one highly over-leveraged is toast.

Crashy_Time

Gavin234 wrote: »

I can't see how any of the perma Bulls can ignor those points, they can't argue against them, so just ignore them. I guess this is what being a perma bull is all about.

This forum should instead be called, perma bull shout about all the population going up faster then new houses being built, but ignor the facts that very few can afford these new houses until they correct back to normal levels based on historical ratios.

Look at the population of North France going up with all the refugees trying to make it to the UK in a truck, thy have an acute housing shortage, but the perma Bulls overlook the fact that it doesn't matter how many people want to live in a property, all that matters is how many can afford it.

Hamish seems quieter, now that Aberdeen is CRASH TOWN CENTRAL? :rotfl:Perma Bull Rout would be more appropriate.