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Debate House Prices


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If we vote for Brexit what happens

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Comments

  • brodawel
    brodawel Posts: 153 Forumite
    Extremely silly advice IMO. If you are Brad Pitt, Clooney, Robbie Williams or some rich but very thick footballer it doesn`t matter if economic reality comes knocking on the door of the house you "just had to have", you just take the hit and move on to a new film or contract or crap single to make up the loss. For average people though making the wrong decision now will be life changing IMO.

    True enough but for me it's way too emotional to have a take it or leave it approach. Being happy, settled, and safe in my own home is too important. I'm not rich but I need to know where I'll be living so I can make plans, make it my home and get on with living.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Extremely silly advice IMO. If you are Brad Pitt, Clooney, Robbie Williams or some rich but very thick footballer it doesn`t matter if economic reality comes knocking on the door of the house you "just had to have", you just take the hit and move on to a new film or contract or crap single to make up the loss. For average people though making the wrong decision now will be life changing IMO.
    Conversely you can rent rooms for all your life.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    You're the one who told us of all the empty flats in your neighbourhood! So it can't be all that desirable... ;)


    So no empty housing space in London then?
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    ukcarper wrote: »
    This is the same old rubbishy you've been spounting for years. If there was enough property to satisfy demand then prices would be a lot lower. As people can not borrow as much now as they could before the banking crisis how come they have boomed over the last couple of years.


    BTL. Now happily on the way out for the average "investor".
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    BTL. Now happily on the way out for the average "investor".
    Where are you going to live then.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    divadee wrote: »
    It's not a forever home but it's a 10 year home and in that time we would of been spending £900+ a month on rent as opposed to £700 for a mortgage.

    The joys of home ownership come at a price. Worth having a savings pot for those repair and renewal jobs that will crop up every so often. Property requires maintenance it's not cost free.
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    BobQ wrote: »
    Well if you offer a multinational a great deal on a vacant bit of Scotland and offer then a large contract from the UK government, its not surprising they would create jobs here, probably a condition of the contract.

    Whoa.... you mean we can actually do schit without the old men in Brussels managing us?

    Nope, I don't believe you. Im on the look out for the experts recession
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    Conrad can you change your picture thingy please it's a bit unnerving thinking that behind each username is a real person

    I'd like youall to insert a picture of your thingy as your avatar,
  • Extremely silly advice IMO. If you are Brad Pitt, Clooney, Robbie Williams or some rich but very thick footballer it doesn`t matter if economic reality comes knocking on the door of the house you "just had to have", you just take the hit and move on to a new film or contract or crap single to make up the loss. For average people though making the wrong decision now will be life changing IMO.

    +1, as lots of people are seeing now, a bit of bad economic news and your house becomes unsellable at the kinds of levels you have got used to and you are STUCK in negative equity. With the economic uncertainty not ending anytime soon, this will just get worse.
  • peter_we
    peter_we Posts: 79 Forumite
    Eighth Anniversary
    which grows exponentially with time.

    There lies the fundamental flaw in your argument.
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