Debate House Prices


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The Next Nail in the Coffin

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Comments

  • Jack_Johnson_the_acorn
    Jack_Johnson_the_acorn Posts: 1,333 Forumite
    edited 4 April 2016 at 5:34PM
    And up pops "Jack" and his magic beans, who must surely be an alter ego of one of the six who regularly regale this little hidden oasis of wisdom with their electrifying economic wisdom :rotfl:

    Sorry to disappoint you Crashy, but I only have 1 account, but guess what..... I'm not actually the 1st black HW boxing champion of the world. :money: you got me!
  • How many months/years you can survive without working and how little (or much) debt you are carrying will separate the winners from the losers when this little Ponzi charade finally unravels. Are you prepared Jack?

    We've had this discussion before and you wouldn't answer any specific questions about your own circumstances. I'll regale you again though. I bought in 2011 for £127k I live in Cheshire. I own a 3 bed maisonette. Property prices have only increased since my purchase although this was purely luck as I bought my home primarily to live in. It is big and nice enough to be my forever home. You stated that I was over leveraged and the housing market is a ponzi scheme and then you mentioned something about tulips (or some other flower) before calling me a "sheeple"

    I laughed and called you crazy and you told me how you'd lived in some crack den with a shared bathroom on the outskirts of some Edinburgh hell hole.
  • westernpromise
    westernpromise Posts: 4,833 Forumite
    A bedsit has bed and living room in one room I believe? (never lived in one) Mine is a flat. Get the basic concepts right and people may start to take you seriously. Oh and don`t bother posting links to chancer landlords hoping to get 400p.m for a room out of overseas Edinburgh Uni students who don`t know the city as representative of the wider Edinburgh rental market because that just makes you look even more silly.

    So what's your BCR then Crashy?
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    How many months/years you can survive without working and how little (or much) debt you are carrying will separate the winners from the losers when this little Ponzi charade finally unravels. Are you prepared Jack?

    That foray into home ownership in the '90's scarred you for life.

    I think you ought to stick to your reason d'être i.e. living on the cheap with no ties, no debt and some savings makes you feel happy and secure. Much more positive.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    We've had this discussion before and you wouldn't answer any specific questions about your own circumstances. I'll regale you again though. I bought in 2011 for £127k I live in Cheshire. I own a 3 bed maisonette. Property prices have only increased since my purchase although this was purely luck as I bought my home primarily to live in. It is big and nice enough to be my forever home. You stated that I was over leveraged and the housing market is a ponzi scheme and then you mentioned something about tulips (or some other flower) before calling me a "sheeple"

    I laughed and called you crazy and you told me how you'd lived in some crack den with a shared bathroom on the outskirts of some Edinburgh hell hole.


    Well you might have laughed and admitted that most of the regular posters on here are at least half crazy, but you made the last bit up. Didn`t you cut and paste some house from a website or something as well and pretend it was yours?
  • Well you might have laughed and admitted that most of the regular posters on here are at least half crazy, but you made the last bit up. Didn`t you cut and paste some house from a website or something as well and pretend it was yours?


    We have very different irreconcilable memories from those glorious previous exchanges. Must be your Meds. At least you've got all your ££££ in cash to fall back on.
  • economic
    economic Posts: 3,002 Forumite
    My happiness doesn't come from having money, of course it doesn't hurt, and as comedians sometimes say, it is better to be miserable with rather than without money, but the same probably applies to being happy too.

    I never said that I did need to save money, but that doesn't mean that I don't seek value. I enjoy (to an extent) posting here, I do do other things you know! Are you saying that you only post here because you are too poor to be able to afford to do anything else with your time?

    No we don't have children, if we did we wouldn't sell up (at least not everything), the property (or most of it) would eventually end up as their inheritance.

    fair enough. no i dont think i am poor given my age (early 30s, buying a flat in highgate worth 600k and have net worth of around 700k). i do have other things to do also but like you i do enjoy reading these forums as financial independence and investing is an interest of mine (although i started relatively late).
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    "So again as we hack through the undergrowth of the interweb, the dark underbelly, we see time and time again the same tactic used on any new animal that dares to question the HAIL HPI! mantra, the same old posters rise to the surface again and again, pecking, gouging, trying to discourage, operating in packs when the new animal is too strong, until the intruder goes off somewhere else (maybe a forum with more than ten members :rotfl:) leaving the old guard to scratch and defecate among themselves strong in the belief that nothing can go wrong in their fragile world" :rotfl:
  • "So again as we hack through the undergrowth of the interweb, the dark underbelly, we see time and time again the same tactic used on any new animal that dares to question the HAIL HPI! mantra, the same old posters rise to the surface again and again, pecking, gouging, trying to discourage, operating in packs when the new animal is too strong, until the intruder goes off somewhere else (maybe a forum with more than ten members :rotfl:) leaving the old guard to scratch and defecate among themselves strong in the belief that nothing can go wrong in their fragile world" :rotfl:

    I was only joking about the "Meds" before.... Seriously I hope you're OK. I wish no malice or harm to you whatsoever.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    I was only joking about the "Meds" before.... Seriously I hope you're OK. I wish no malice or harm to you whatsoever.


    Glad to hear it.
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