Debate House Prices


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House Price Crash Discussion Thread

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Comments

  • MissMoneypenny
    MissMoneypenny Posts: 5,324 Forumite
    boinging wrote: »
    It has gone up, it was 440K earlier in this thread LOL :think:

    You forgot that the housing market has risen since though. Didn't you?:D
    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.


  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    boinging wrote: »
    It has gone up, it was 440K earlier in this thread LOL :think:

    aaaaaahhhhhh pickledpinocchio

    pinocchio.jpg
  • MissMoneypenny
    MissMoneypenny Posts: 5,324 Forumite
    And for your information - this 'ferking idiot' has just sold her property for over half a million (and made a profit of £440K - in just 10 years!)

    Happy New Year to you!:T

    Ohhh - I thought your were joking boinging - you weren't.

    And yes, I do have too much spare time on my hands today:o
    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.


  • WTF?_2
    WTF?_2 Posts: 4,592 Forumite
    !!!!!!,

    If you care to go back a few posts you will find that have called people morons (including myself) on several occasions! Don't like it, do you?

    You are nothing but a sad attention seeker who has nothing better to do than spill your venom on here because you are a loser and have never been successful enough to buy a property. You are jealous of EVERYONE who has their own property, and people like myself, who have equity of over £600k simply makes you wild with rage: that's usually when you call us all morons!:rotfl:

    I don't deny that at present property is static and there is a downturn, but it always rises eventually - which is why YOU would love to get your paws on a property you could call YOURS!

    As it happens, I couldn't give a toss which way the property goes - I'm not intending on selling, but if I were to if my proprty goes down in value - then so does everyone else's!!!:p

    You come across as a spiteful, vindictive man who is eaten up with jealousy at the fact other people are homeowners while you're just a tenant paying DEAD RENT. And don't fool yourself that people find you funny or amusing - you just irritate and people find you irritating and foolish.

    Ah, it's now becoming clear.

    You are highly leveraged in property and seem to equate equity in your property with personal success.

    I'm saying that the market is going to crash, which will have serious repricussions for you - being leveraged as you most likely are. And since you apprear to place so much personal self-worth on the amount of equity that your property has 'earned' you, this makes you feel even less happy.


    So you can't help but perceive my opinion on which direction house prices are going to go in as anything other than a very personal attack on your self worth.


    I think you need to wise up, frankly. If you can't even tolerate viewpoints on the housing market as being anything other than deeply personal attacks on yourself you are in for a very, very miserable few years. Certainly it isn't a good idea to go onto the internet and participate in a thread called "House price crash" is it now?


    Oh, and BTW if you can quote one of the occasions I actually called you or anyone else posting on this board a moron I'll happily retract it.
    --
    Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.
  • WTF?_2
    WTF?_2 Posts: 4,592 Forumite
    More great news for the house market optimists. According to Nationwide, house prices have gone up by a massive 1.1% over the last year.

    http://news.bbc.co.uk/1/low/business/7317303.stm
    Break out the Veuve Cliquot, property investment gurus! :beer:

    ;)

    Of course, prices have now been falling for five straight months and even Nationwide see them continuing to drop in the months to come. Not long now before year-on-year price falls so don't go overboard on the champers - maybe settle for Babycham if they still sell it.


    (For comparison, selling up this time last year and stuffing your cash into a savings account could have netted you about 6.5% or so in real cash and you wouldn't now be paying back a large loan on a depreciating asset.)


    To anyone considering getting into property as an investment or as something you will have to financially stretch yourself to do:

    DON'T DO IT. This is not the right time.
    --
    Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.
  • Turnbull2000
    Turnbull2000 Posts: 1,807 Forumite
    Could you people please stop quoting the village idiot? ;)
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • abaxas
    abaxas Posts: 4,141 Forumite
    !!!!!!? wrote: »
    More great news for the house market optimists. According to Nationwide, house prices have gone up by a massive 1.1% over the last year.

    http://news.bbc.co.uk/1/low/business/7317303.stm
    Break out the Veuve Cliquot, property investment gurus! :beer:

    ;)

    Of course, prices have now been falling for five straight months and even Nationwide see them continuing to drop in the months to come. Not long now before year-on-year price falls so don't go overboard on the champers - maybe settle for Babycham if they still sell it.


    (For comparison, selling up this time last year and stuffing your cash into a savings account could have netted you about 6.5% or so in real cash and you wouldn't now be paying back a large loan on a depreciating asset.)


    To anyone considering getting into property as an investment or as something you will have to financially stretch yourself to do:

    DON'T DO IT. This is not the right time.


    You are cgnao from HPC.co.uk and I claim my £5.
  • meanmachine_2
    meanmachine_2 Posts: 2,624 Forumite
    Part of the Furniture Combo Breaker
    !!!!!!,

    If you care to go back a few posts you will find that have called people morons (including myself) on several occasions! Don't like it, do you?

    You are nothing but a sad attention seeker who has nothing better to do than spill your venom on here because you are a loser and have never been successful enough to buy a property. You are jealous of EVERYONE who has their own property, and people like myself, who have equity of over £600k simply makes you wild with rage: that's usually when you call us all morons!:rotfl:

    I don't deny that at present property is static and there is a downturn, but it always rises eventually - which is why YOU would love to get your paws on a property you could call YOURS!

    As it happens, I couldn't give a toss which way the property goes - I'm not intending on selling, but if I were to if my proprty goes down in value - then so does everyone else's!!!:p

    You come across as a spiteful, vindictive man who is eaten up with jealousy at the fact other people are homeowners while you're just a tenant paying DEAD RENT. And don't fool yourself that people find you funny or amusing - you just irritate and people find you irritating and foolish.

    Ugh, what a vile load of bile.

    Knows the value of nothing and the price of everything.

    Next...
  • m00m00
    m00m00 Posts: 1,755 Forumite
    abaxas wrote: »
    You are cgnao from HPC.co.uk and I claim my £5.


    not quite


    no mention of the four horsemen of the apocalypse yet.
    It's a health benefit ...
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    !!!!!!? wrote: »

    (For comparison, selling up this time last year and stuffing your cash into a savings account could have netted you about 6.5% or so in real cash and you wouldn't now be paying back a large loan on a depreciating asset.)

    Perhaps more in interest rates, but tax would need knocking off.

    OH had been getting an average 7.5% for the last year or so, but is a 40% taxpayer.
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
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