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House Price Rise Discussion Thread
Comments
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dolce_vita wrote: »I'm going to buy two.
House prices are just going to go up, up, up.
They will never [strike]CRA..,[/strike] go down.
Never. Never I tell you.
So don't mention it again.
Quite! We're trying to have a serious discussion here, let's keep this thread clean, any one mentioning bad words will be banished to the [strike] naughty corner, sticks, [/strike] sticky thread.0 -
But then you get a lot of people alienated from the system and so there is more incentive to have a revolution....
Look at what happened in France in 1789 and Russia in 1917. The ruling classes thought they had it made, but ended up being massacred or exiled.
That's basically what we need... a violent revolution.Bankruptcy isn't the worst that can happen to you. The worst that can happen is your forced to live the rest of your life in abject poverty trying to repay the debts.0 -
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Buy Buy Buy0
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pickles110564 wrote: »A house's value is only what someone is prepared to pay for it,not what all these so called experts say.
AND what someone is prepared to sell it at :money:
If the two don't cross over, there is no market.Errors of opinion may be tolerated where reason is left free to combat it. - Jefferson0 -
pickles110564 wrote: »A house's value is only what someone is prepared to pay for it,not what all these so called experts say.
This is also debateable. It could be worth what someone is willing pay for it at the point of sale. After that it's only worth what someone else is prepared to pay for it.
E.g a house for sale and after 3 months goes to sealed bids. 10 people put in offers, 9 offer £100K and one offers £150K. Sale completes at £150K. How much is the house now worth?0 -
Romani_Ite_Domum wrote: »E.g a house for sale and after 3 months goes to sealed bids. 10 people put in offers, 9 offer £100K and one offers £150K. Sale completes at £150K. How much is the house now worth?
What someone is prepared to pay for it:rotfl:RENTING? Have you checked to see that your landlord has permission from their mortgage lender to rent the property? If not, you could be thrown out with very little notice.
Read the sticky on the House Buying, Renting & Selling board.0
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