A crashtroll's progress, 1996-2018

HPC_Ghuol_Hunter

zagfles wrote: »

Mind you who is sadder - someone who keeps getting things wrong or someone who constantly trawls other websites just so they can sneer at those who got things wrong? Ooh look someone on another website said something that was wrong ha ha ha. That is really sad.

No one is snearing at someone who repeatedly gets things wrong, as these types of people need help and guidance, (is that not the definition of madness constantly doing one action but expecting a different result?).

The snearing is targeted at those who wish financial misery and ruin on good honest hardworking families just so that they can pick up a house for peanuts. HPC goon central is a portal for these types of dispicable characters and, being one, you know it.

So try again. :money::money::money::money:

HPC_Ghuol_Hunter

westernpromise wrote: »

I think that was someone else but they both self-published inane books, which may be why you have them mixed up.

One was a comprehensive school teacher who wibbled on about stuff of which he had no comprehension - Basel III, MIFID II, etc - but in a way that sounded good to his equally ignorant fanbois. The other was all about achieving what he called "financial independence" and claimed to have done so, but when you pick it apart he was on £100k a year and had saved enough to have an income of about £25k from his savings. I would call that abject workshy poverty, personally, rather than financial independence.

The school teacher's ranty shouty "book" was unreadably bad - apart from anything else he had obviously spliced it together from several different Word documents, so that the page numbers stopped somewhere in the middle.

Ah yes I think that you are correct. The one I am thinkking of went on TV and Radio a lot spreading his vile, barking at the moon, rantings. In ye olde times that type of character would be seen crawling the streets with a 'the end is neigh' billboard for company.

zagfles

HPC_Ghuol_Hunter wrote: »

No one is snearing at someone who repeatedly gets things wrong, as these types of people need help and guidance, (is that not the definition of madness constantly doing one action but expecting a different result?).

The snearing is targeted at those who wish financial misery and ruin on good honest hardworking families just so that they can pick up a house for peanuts. HPC goon central is a portal for these types of dispicable characters and, being one, you know it.

So try again. :money::money::money::money:

Pathetic. I've been a home owner for almost 30 years. You reckon I'm a "crash troll" :rotfl:There are far more "dispicable characters" on the internet than those who want cheaper houses. Like those who want the destruction of the entire Western world.

Personally I think those who live in a bedsit expecting prices to crash are very sad, but not as sad as those who buy a house and are obsessed with its value and sneer at others who can't afford a house and have no option but to rent and hope prices drop.

westernpromise

zagfles wrote: »

those who buy a house and are obsessed with its value and sneer at others who can't afford a house and have no option but to rent and hope prices drop.

There are no such people.

HPC_Ghuol_Hunter

zagfles wrote: »

Pathetic. I've been a home owner for almost 30 years. You reckon I'm a "crash troll" :rotfl:There are far more "dispicable characters" on the internet than those who want cheaper houses. Like those who want the destruction of the entire Western world.

Personally I think those who live in a bedsit expecting prices to crash are very sad, but not as sad as those who buy a house and are obsessed with its value and sneer at others who can't afford a house and have no option but to rent and hope prices drop.

I won't be explaining to you again who any sneering is targeted at because it is quite clear in my post above and througout this forum. At least we can agree that living in a Hull bedsit expecting prices to crash is very sad.

GreatApe

zagfles wrote: »

Personally I think those who live in a bedsit expecting prices to crash are very sad, but not as sad as those who buy a house and are obsessed with its value and sneer at others who can't afford a house and have no option but to rent and hope prices drop.

There are options. Not saying it can work for everyone but the chances are better than just hoping the market/world goes your way.

1: Get better paid work
2: Get a second job
3: Find a decent stable partner to share life and costs with
4: Cut down spending and save more
5: Marry into wealth
6: Start a business, lots of low capital ventures in the modern world
7: Skill up

All of those things are better than spending 10,000 hours on forums month after month year after year telling the world how smart you are for seeing a crash nobody else can see, a crash that is about to happen that will somehow fix all your problems.

zagfles

GreatApe wrote: »

There are options. Not saying it can work for everyone but the chances are better than just hoping the market/world goes your way.

1: Get better paid work
2: Get a second job
3: Find a decent stable partner to share life and costs with
4: Cut down spending and save more
5: Marry into wealth
6: Start a business, lots of low capital ventures in the modern world
7: Skill up

All of those things are better than spending 10,000 hours on forums month after month year after year telling the world how smart you are for seeing a crash nobody else can see, a crash that is about to happen that will somehow fix all your problems.

No, far better to spend hours on a totally different forum discussing how stoopid they are. That's a really productive use of time.

Malthusian

zagfles wrote: »

No, far better to spend hours on a totally different forum discussing how stoopid they are. That's a really productive use of time.

Most of us on this forum have already done one or more of 1-7, have bought a house (or are on the way to buying a house) and can therefore afford to kick back, have a coffee and poke fun at HPinCels.

westernpromise

As the OP makes clear, it's not about HPC. It's about crashtrolls, who have always been with us. They were there to be seen on Usenet as long ago as 1996. Usenet was HPC avant la lettre. The particular crashtroll I cited has even been sighted (see what I did there) right here on MSE.

At every point in time, crashtrolls thought that buying a house was for stoopid sheeple, because the price was about to crash. Hoo hoo! Just wait till interest rates! Just wait till Basel 3! Just wait till Section 24! Etc, etc. The only right time to buy is in the past or the future, otherwise it's too risky.

Then 10 years later no such crash has happened. So the crashtroll angrily declares that the stoopid sheeple never in fact took any risk after all! Prices were always certain to go up, even though in the past, the crashtroll has always been certain that prices were about to go down! We know this because they helpfully wrote it down, and we can still read it.

So crashtrolls face an exquisite intellectual dilemma. Only stoopid sheeple bought houses, but 10 years on, the stoopid sheeple are hundreds of thousands of pounds better off than themselves, the smart people. How can this be? Are crashtrolls actually rather stupid?

They can't accept that. They need to come up with a reason why stoopid sheeple make better decisions than savvy crashtrolls. The solution is to believe it's all a wicked conspiracy against crashtrolls. If you can persuade yourself that someone else is the evil and greedy beneficiary of a wicked conspiracy, you give yourself permission to hate and envy them. Hence crashtrolls hate anyone who bought when they did not. They hate homeowners, second home owners, "boomers", landlords, "TPTB", "VIs" and all the rest.

We talk about the fact that homeownership peaked about 10 years ago then went into decline. What if it's in decline because of crashtrolls? In 1996 almost nobody knew of Usenet let alone read it. That's no longer true now. Crashtrolls pollute everywhere. Over the last ten years this has been balanced by TV property programmes telling people houses are an investment. Property ownership could be in decline because some people believed Homes Under The Hammer and bought additional properties - that they let to people who believed crashtrolls and who therefore didn't buy any property at all. Too risky! About to crash!

Wouldn't that be sweet?

https://youtu.be/XvuM3DjvYf0?t=72

GreatApe

2017 was the first year in a long time when the private rental market shrunk and ownership increased.
I think the next 5 years will be a similar story with the private rental market roughly flat or falling and ownership increasing.

One of the newer ideas is that as landlords sell up prices will crash to the point the poorest hpc cheerleader can afford. When I pointed out there there have already been periods of time when landlords were net sellers, big net sellers, yet prices did not fall but went up that did not go down well