property sellers will still need to drop prices despite rate cut - Rightmove

geoffky

I am rejoicing because people like me will not be paying absolutely ridiculous prices to have a roof over our heads and will not be a slave to the banks worrying where the money is to pay the next mortgage because we have stupidly bought at 6 or 7x our wages. i am also rejoicing that people who earn 30k a year or less will be able to buy a home without the worry of financial suicide...and i wont be hearing for a long time....my house is now worth x amount more this year.....want anymore.....mr and mrs average will be able to get on the ladder without paying a criminal amount....god i am loving it

pickledpink

Alfie1999 wrote: »

I've just sold my house for £212,500 which has chopped the legs off sellers on our estate with identical houses on at between £230k and £250k who've not sold for months.

I wanted to get in first rather than someone else cutting their price and then me having to beat that as the slide starts.

Care to show us the link for that?:D

You might be telling porkies............................:rotfl:

pickledpink

geoffky wrote: »

I am rejoicing because people like me will not be paying absolutely ridiculous prices to have a roof over our heads and will not be a slave to the banks worrying where the money is to pay the next mortgage because we have stupidly bought at 6 or 7x our wages. i am also rejoicing that people who earn 30k a year or less will be able to buy a home without the worry of financial suicide...and i wont be hearing for a long time....my house is now worth x amount more this year.....want anymore.....mr and mrs average will be able to get on the ladder without paying a criminal amount....god i am loving it

If you think buying property is a bad investment then why ever are you so desperate to buy one of your own???????????????:p :rotfl:

Many of you seem soooooo ANGRY and BITTER that you don't OWN your own home - yet on the other hand you 'say' you think renting is better!

NO-ONE believes you!!!

ANYWAY, it's only the trashy hard-to-sell properties that will now be in your price range. You'll never be able to buy the house of your dreams. You're all just hoping for s***holes to fall within your budget.

Quite sad actually!

Ron2256

pickledpink wrote: »

If you think buying property is a bad investment then why ever are you so desperate to buy one of your own???????????????:p :rotfl:

Many of you seem soooooo ANGRY and BITTER that you don't OWN your own home - yet on the other hand you 'say' you think renting is better!

NO-ONE believes you!!!

ANYWAY, it's only the trashy hard-to-sell properties that will now be in your price range. You'll never be able to buy the house of your dreams. You're all just hoping for s***holes to fall within your budget.

Quite sad actually!

I've met some nasty people in my life but I think you top them all.

I was going to reply properly to your post but I think I've wasted enough time with a wind up merchant like you. There is no point talking to you.
I think MSE should have an aptitude test to eliminate troll like you.
Go back to your cave.:shhh:

Alfie1999

pickledpink wrote: »

Care to show us the link for that?:D

You might be telling porkies............................:rotfl:

Before I make you look a d*ck by posting the link you might like to explain why you think i'm 'telling porkies'.

brit1234

cruella_de_vile wrote: »

So basically the answer is just nastiness? :cool:

BTW - whats a Mewer?

No nastiness is buying 900 first time buyer properties in one small area like the Wilsons in Ashford.

http://news.bbc.co.uk/1/hi/business/7432256.stm

If you think house prices are already outrageous, look away now. According to two former maths teachers from south London, who are Britain's buy-to-let king and queen, the property market will never crash:rotfl: .
http://www.guardian.co.uk/money/2006/dec/16/business.houseprices

Expect Judith and Fergus Wilson to start selling their properties and their race horses on their very own EBAY page as they start to go bust in the next few months.:D

http://search.ebay.com/Judith-and-Fergus-Wilson_W0QQafepnZ5335895294QQsaaffZafepn



Don't be surprised if first time buyers are bitter, they have been priced out of the market by the buy to let brigades greed. Then there are those first time buyers who have been forced to go beyond their means to buy some overvalued card board shoe box.

All we want is to buy a simple roof over our head, not some million dollar portfolio.

Yes I hope the property investors get burnt, it will mean they won't be in a rush to do such greedy vile things for a while assisting a whole generation to get on the ladder.

Simple logic shows that highly geared investors are in deep trouble especially as banks are lending a fraction of the money allowing prices to tumble back to reality.

50% falls are getting closer and there is nothing to stop it now.:beer:

Sarbani1209

HiI live in coventry and bought a house in 2004 but house prices have stagnated in our area ever since I bought my property. So, I am not sure whether it was a right move to buy a property. Cheers.Sarbani

cruella_de_vile

brit1234 wrote: »

No nastiness is buying 900 first time buyer properties in one small area like the Wilsons in Ashford.

http://news.bbc.co.uk/1/hi/business/7432256.stm

Expect Judith and Fergus Wilson to start selling their properties and their race horses on their very own EBAY page as they start to go bust in the next few months.:D

http://search.ebay.com/Judith-and-Fergus-Wilson_W0QQafepnZ5335895294QQsaaffZafepn



Don't be surprised if first time buyers are bitter, they have been priced out of the market by the buy to let brigades greed. Then there are those first time buyers who have been forced to go beyond their means to buy some overvalued card board shoe box.

All we want is to buy a simple roof over our head, not some million dollar portfolio.

Yes I hope the property investors get burnt, it will mean they won't be in a rush to do such greedy vile things for a while assisting a whole generation to get on the ladder.

Simple logic shows that highly geared investors are in deep trouble especially as banks are lending a fraction of the money allowing prices to tumble back to reality.

50% falls are getting closer and there is nothing to stop it now.:beer:

Were not all Wilsons though, some of us are just normal people who have bought a family home.........

Incisor

pickledpink wrote: »

If you think buying property is a bad investment then why ever are you so desperate to buy one of your own???????????????:p :rotfl:

Houses are to live in. Think back to primary school and when you used to draw pictures of houses. The understanding of houses by children of age 7 and 8 is essentially correct and complete.

Many of you seem soooooo ANGRY and BITTER that you don't OWN your own home - yet on the other hand you 'say' you think renting is better!

That is not distorted thinking. It is just the horrible result of a market distorted by greed. So distorted that probably 50% of the rabbit hutch 'cram them in' building over the last 5 years will be bulldozed within 25 years

NO-ONE believes you!!!

It only takes one counter example to make you wrong. You are wrong.

ANYWAY, it's only the trashy hard-to-sell properties that will now be in your price range. You'll never be able to buy the house of your dreams. You're all just hoping for s***holes to fall within your budget.

Quite sad actually!

The situation is unfortunate. You are sad. If they had built half the property but to much higher standards, and the BTL brigade had not taken over driving the market with demand for basically unwanted and disgusting property, then people would have a hope of a decent house.

How can you take delight in this? BTLers were trying to make rent slaves out of a whole generation, by driving the construction of accommodation which is largely unsuitable for owner occupation. Thankfully, they have failed and taken a good bruising [said not out of vengeance, but because it will put a stop to it]. The only unfortunate thing is that for the last 5 years the construction industry has wasted 50% of its efforts on producing housing stock which no one basically wants to live in.

It is sick that you think it is funny that the consequence of greed is that people have to live in rubbish housing, when they were not the greedy blighters in the first place.

pickledpink

What some of you don't seem to understand is that NO-ONE has a RIGHT to own their own home: they have to work for it.

Of course, we all want to live in a nice place - but no-one can DEMAND that the price be lowered to accommodate THEM! If I were to to walk into a car showroom in Park Lane and DEMAND that they lower the price of their Bentley's by 30 or 50% because I couldn't afford what they were asking I'd be carted off to the local loony bin!

I understand how irritating it must be for those who aren't even on the first step of the ladder to resent the likes of the Wilson's - but they're simply business people who had the gumption to buy to let. Their investment in property would not affect your own opportunity to purchase a home.

Further, there is no law in this land that stipulates a person is only allowed to buy ONE home! We're not in last century Russia!!

Quite frankly, it doesn't make any difference how many properties the Wilson's have bought: if someone can't afford to buy - they can't afford it. Simple as that. The Wilson's don't enter the equation.

Anyway, I don't know why you're all so desperate to buy your own home when you all seem to think renting is better!:p Hmmmmmmmmmm..........