Mortgage lender asking for more money

Smodlet

AW618 said:

Smodlet said:

AdrianC said:

AW618 said:

I'm not, I consider they are too high.  However, I just want a straight answer from you.  Stop dodging.  Have you been wrong about a crash for six years?  It's a yes or no question.

Oooh, that's an easy one to answer.

C_T has been consistently wrong about house prices "crashing" imminently for MANY, MANY times longer than that...

AW618, what AdrianC said.  I acknowledge I know very little compared to many of the posters on this board such as he but I know enough to take Crashy's posts with a huge pinch of not at all seriously.

I get that, the danger is people who don't know him might take one of his posts, seen in isolation, seriously.
The object of the question is that it should be put to him every time he posts.  He will try and change the subject, don't let him, ask it again. Then he runs away.  If everyone follows this course and doesn't get sidetracked eventually he will stop posting.  

I think you could do with reading a bit (make that a lot) of this thread, AW618.  Crashy is not going to deviate from his stance any time soon. We kinda just tolerate him; suggest you do likewise and don't engage.  He is entitled to post here too.

Crashy_Time

AW618 said:

Smodlet said:

AdrianC said:

AW618 said:

I'm not, I consider they are too high.  However, I just want a straight answer from you.  Stop dodging.  Have you been wrong about a crash for six years?  It's a yes or no question.

Oooh, that's an easy one to answer.

C_T has been consistently wrong about house prices "crashing" imminently for MANY, MANY times longer than that...

AW618, what AdrianC said.  I acknowledge I know very little compared to many of the posters on this board such as he but I know enough to take Crashy's posts with a huge pinch of not at all seriously.

I get that, the danger is people who don't know him might take one of his posts, seen in isolation, seriously.
The object of the question is that it should be put to him every time he posts.  He will try and change the subject, don't let him, ask it again. Then he runs away.  If everyone follows this course and doesn't get sidetracked eventually he will stop posting.  

If you look at the name it means Time For a Crash, not only because it is economically unsustainable, but because half the country also knows it is Time For a Crash, my question to you is - Do you think it is time for a correction, or do you think that the government/BOE will/should try to keep making it hard for ordinary people to afford a place to live, and do you think this would be a good or a bad thing for society in general?

getmore4less

The thing is crashy has been right about crashes they just were not deep enough for his tiny pockets so he watched them go by and will miss the next one, he even misses every stall in the market where there are bargains to be had if you find a distressed buyer.
Even with a drop in prices and the cheapest borrowing in 3 generation he missed the best opportunity to get into ownership there will be in his lifetime.

It's been going on so long probably too old to buy now.

Crashy_Time

getmore4less said:

The thing is crashy has been right about crashes they just were not deep enough for his tiny pockets so he watched them go by and will miss the next one, he even misses every stall in the market where there are bargains to be had if you find a distressed buyer.
Even with a drop in prices and the cheapest borrowing in 3 generation he missed the best opportunity to get into ownership there will be in his lifetime.

It's been going on so long probably too old to buy now.

I can imagine many readers just falling on the floor laughing at this point.

greatcrested

Crashy_Time said:

getmore4less said:

The thing is crashy has been right about crashes they just were not deep enough for his tiny pockets so he watched them go by and will miss the next one, he even misses every stall in the market where there are bargains to be had if you find a distressed buyer.
Even with a drop in prices and the cheapest borrowing in 3 generation he missed the best opportunity to get into ownership there will be in his lifetime.

It's been going on so long probably too old to buy now.

I can imagine many readers just falling on the floor laughing at this point.

I suspect most, like me, are just yawning and clicking on to the next thread.

Crashy_Time

greatcrested said:

Crashy_Time said:

getmore4less said:

The thing is crashy has been right about crashes they just were not deep enough for his tiny pockets so he watched them go by and will miss the next one, he even misses every stall in the market where there are bargains to be had if you find a distressed buyer.
Even with a drop in prices and the cheapest borrowing in 3 generation he missed the best opportunity to get into ownership there will be in his lifetime.

It's been going on so long probably too old to buy now.

I can imagine many readers just falling on the floor laughing at this point.

I suspect most, like me, are just yawning and clicking on to the next thread.

...after taking the time to respond.....

Crashy_Time

Smodlet said:

AW618 said:

Smodlet said:

AdrianC said:

AW618 said:

I'm not, I consider they are too high.  However, I just want a straight answer from you.  Stop dodging.  Have you been wrong about a crash for six years?  It's a yes or no question.

Oooh, that's an easy one to answer.

C_T has been consistently wrong about house prices "crashing" imminently for MANY, MANY times longer than that...

AW618, what AdrianC said.  I acknowledge I know very little compared to many of the posters on this board such as he but I know enough to take Crashy's posts with a huge pinch of not at all seriously.

I get that, the danger is people who don't know him might take one of his posts, seen in isolation, seriously.
The object of the question is that it should be put to him every time he posts.  He will try and change the subject, don't let him, ask it again. Then he runs away.  If everyone follows this course and doesn't get sidetracked eventually he will stop posting.  

I think you could do with reading a bit (make that a lot) of this thread, AW618.  Crashy is not going to deviate from his stance any time soon. We kinda just tolerate him; suggest you do likewise and don't engage.  He is entitled to post here too.

That comment says a lot about why people need to be wary of the VI behind internet advice.

tom9980

getmore4less said:

The thing is crashy has been right about crashes they just were not deep enough for his tiny pockets so he watched them go by and will miss the next one, he even misses every stall in the market where there are bargains to be had if you find a distressed buyer.
Even with a drop in prices and the cheapest borrowing in 3 generation he missed the best opportunity to get into ownership there will be in his lifetime.

It's been going on so long probably too old to buy now.

The best opportunity was when he sold his property and moved to Edinburgh because despite his claims of paying rent at 60-70% of normal rates being asked by landlords after approx 20 years he would likely now be mortgage free, and that is despite owning through the 2008/9 crash.

Crashy is obsessed with house prices instead he should be obsessed with how much will his lifetime housing costs be as he rents into retirement with constantly ballooning debt to pay month after month, year after year.