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HPC Escapee Reports Back 10 Years Later
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Regarding Count I know for a fact that he never moved out of his studio rental in Hull.0
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Is the irony of being named "dances with sheeple" while posting on the HPC website for 10 years picked up by anyone else?This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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And I wonder how much rent he is now paying ?. I have upped mine in all properties considerably in that time, and if none of my tenants like it I have no problem replacing them if they want to leave.
Time has proven us right and there is nothing worrying on the horizon to suggest that this will not continue, in fact I honestly believe the rental market might well increase from what it is now. I would suggest this HPC clown bite the bullet and swallow his pride and get on the property ladder at any cost, but I bet it is too late for him now. The UK has to be one of the best places in the world to live which is going to show in an increasing property market. We will not get the rises of the last 15 years, but I think prices will at least double in the next decade.
Happy times0 -
And I wonder how much rent he is now paying ?
In CrashyTimes case, he claims that his LL hasn't increased the rent on his little bedsit of over a decade.
I guess some property investors are less concerned with rental yield, if they are achieving healthy capital gains.
Personally, I'd rather have both0 -
In CrashyTimes case, he claims that his LL hasn't increased the rent on his little bedsit of over a decade.
I guess some property investors are less concerned with rental yield, if they are achieving healthy capital gains.
Personally, I'd rather have both
To be fair to poor old Dances With Sheeple, that is actually possible. I only own one other property at the moment, but I've let four at different times, and in every case I only change the rent when the tenant leaves. I figure why disturb an arrangement that's working?
Zoopla reckons the EH3 postcode has gone up by 250% in the last 20 years. If you bought somewhere for £100k back then, let it to Crashy at an initial 5% yield and kept it ever since, he'd have been paying you about £450 a month. Coincidentally, if we say the mortgage rate on it has averaged 2.5% over that time, the monthly capital repayments would also have been....£450 a month.
So over these last 20 years, throughout which Dances With Sheeple has been knee-tremblingly, buttock-clenchingly averse to buying a property for himself, he has instead bought and paid off one for his landlord.0 -
westernpromise wrote: »To be fair to poor old Dances With Sheeple, that is actually possible. I only own one other property at the moment, but I've let four at different times, and in every case I only change the rent when the tenant leaves. I figure why disturb an arrangement that's working?
Zoopla reckons the EH3 postcode has gone up by 250% in the last 20 years. If you bought somewhere for £100k back then, let it to Crashy at an initial 5% yield and kept it ever since, he'd have been paying you about £450 a month. Coincidentally, if we say the mortgage rate on it has averaged 2.5% over that time, the monthly capital repayments would also have been....£450 a month.
So over these last 20 years, throughout which Dances With Sheeple has been knee-tremblingly, buttock-clenchingly averse to buying a property for himself, he has instead bought and paid off one for his landlord.
This is ultimately what I do not comprehend from the likes of Dances With Sheeple and his ilk. Why pay off someone eleses mortgage for them? Especially when you consider the absolutele vile and puerile hatred that these renters have for landlords. It's like some sort of twisted Stockholm syndrome. They despise them so much that they pay off their mortgages for them. Utter madness.0 -
I'm not sure which is sadder - being so obsessed that house prices might crash as to participate in a forum site for likeminded obsessives, or being so obsessed about such a site as to perpetually report its activities on a completely different site.
Show me a HPC obsessive and I will show you a single man, no girlfriend, lives in squalor or bedsit. No, buying a home and holding onto to it is not easy, that's what makes a man, a winner of a man, an alpha male even.
These people want someone to make the world an easier and safer place so they can pretend to be men.0 -
HPC_Ghuol_Hunter wrote: »Thanks that is gud to know as I never knew that Crashy was Dances with Sheeple. It all makes sence now as o detect a lot of sadness in both Crashy and Dances with Sheeples postings. Anyway, yes the silence from Crashy and Count is very deafening and so, so telling.
I remember you as well, you did some great stuff on Motley Fool
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In CrashyTimes case, he claims that his LL hasn't increased the rent on his little bedsit of over a decade.
Some LL's are happy with a tenant who keeps paying on time, especially if there are aspects of the property that are sub-optimal and would need sorting before a new tenant comes in. It may be that it's not convenient in the LL's life right now to do those improvements.
I live somewhere that has some sub-optimal aspects. The LL cannot be bothered to sort them so cannot put up the rent. We can't be bothered to go throught the hassle of moving, so sometimes the status quo suits both parties.
If it is true his place is probably a bit of a dump and I'd guess not a massive hit with the ladies.0 -
If it is true his place is probably a bit of a dump and I'd guess not a massive hit with the ladies.
Well there is a thread over on HPC goon central called 'Deluded Old Scrapper Birds On Dating Sites' where the bunch of misogynist swap dating tips. So you can be sure that 99.99% of those bitter twisted middle-aged men on that site are single. TheCountOfNowhere lives in a bedsit in Hull for christ sake. Just imagine the horrors a young lady would feel being taken back there.
:eek::eek::eek:0
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