How has this house gone up so much?

Ditzy_Mitzy

Mark_Glasses said:

@johnhenstock surely these places are the exception rather than the rule. I've seen luxury apartments where you've had a swimming pool and cinema in the apartment block but the flats themselves are tiny. Also the first insight I had into London property when I was a youngster was on some property show where these houses in Kensington were in-fact several flats which were tiny and notoriously expensive.

@RelievedSheff it's more that fact I've not achieved my goals but he has. If he can achieve them then I should be able to.

Soz M8, but nah (as the kids say).  Einstein's claim that expecting different results from the same thing is insane is, outside the laboratory, wrongful.  The real world is full of people who have tried their best and failed.  If the secret of being rich is simply to 'achieve goals' or to work really, really hard then everybody would be rich.  If one really could become a millionaire by doing two hours' overtime a day and making tea for the boss, we'd all be millionaires.  

Capitalism is talked of in the context of gambling, but it isn't like that.  It's worse.  At least in the casino the winners, when they win, get to share the pot.  Real life lets two people go all in on the same number on the same spin of the roulette wheel and, on the one occasion the number comes up, then says 'I liked his win more than yours, he gets the money'.  It's arbitrary and unfair and often rigged, but it has to be by its very nature.  Unfortunately, there will always be those who believe that it isn't.  

[Deleted User]

"He travels a lot for work"  and when he retires he might last a month or so before he has a heart attack. Who is the "winner" then? ( that's a genuine scenario by the way).

"Not achieved my goals" ...who has? Life gets in the way, illness gets in the way, death gets in the way. Make new goals, the main one being to find some sort of  'happy with what you have', your talent for something, your appreciation of art or nature etc.   You go out of this world with nothing but  hopefully you have been of some help to someone, you've enjoyed more than you've not enjoyed, somebody, a few people perhaps if you're lucky, are sorry that you've gone and will remember you not for what money you made, but how you made them laugh or feel safe or valued for what THEY are rather than how much they earned or owned. 

 Maybe he envies the people who are content with a walk in the country  not needing a Rolls Royce? Maybe he wishes he wasn't so driven that he could relax and not feel he must be up and doing something all the time. 

Gavin83

Mstty said:

I try and stress this to every FTB always buy a house if you can stretch to it the bigger gains are with houses and always look to move up and onwards rather than that flashy 10k holiday when you are young. Work hard when young to enjoy your 40's.

I did the holidays in my 20s, including a year of travelling and if I could have my time again I’d do exactly the same thing. Frankly I can pay off a mortgage at any point in my life but travelling is far more fun when you’re young. I did stuff while travelling I wouldn’t have the balls to do now. Plus I could be dead in a month and I’d feel a lot happier on my deathbed knowing I went travelling rather than buying a house.

It’s a balance between being sensible and actually enjoying yourself.

RelievedSheff

Gavin83 said:

Mstty said:

I try and stress this to every FTB always buy a house if you can stretch to it the bigger gains are with houses and always look to move up and onwards rather than that flashy 10k holiday when you are young. Work hard when young to enjoy your 40's.

I did the holidays in my 20s, including a year of travelling and if I could have my time again I’d do exactly the same thing. Frankly I can pay off a mortgage at any point in my life but travelling is far more fun when you’re young. I did stuff while travelling I wouldn’t have the balls to do now. Plus I could be dead in a month and I’d feel a lot happier on my deathbed knowing I went travelling rather than buying a house.

It’s a balance between being sensible and actually enjoying yourself.

You can be sensible, enjoy yourself and buy a home. The three are not mutually exclusive.

I was in my early 20's when we bought our first home and we still managed to have holidays and enjoy life.

Mstty

Gavin83 said:

Mstty said:

I try and stress this to every FTB always buy a house if you can stretch to it the bigger gains are with houses and always look to move up and onwards rather than that flashy 10k holiday when you are young. Work hard when young to enjoy your 40's.

I did the holidays in my 20s, including a year of travelling and if I could have my time again I’d do exactly the same thing. Frankly I can pay off a mortgage at any point in my life but travelling is far more fun when you’re young. I did stuff while travelling I wouldn’t have the balls to do now. Plus I could be dead in a month and I’d feel a lot happier on my deathbed knowing I went travelling rather than buying a house.

It’s a balance between being sensible and actually enjoying yourself.

I think I was clear the big 10k first class options. We travelled as well just on a budget. More than we travel now infact👍 just so the big things were ticking along being overpaid etc.

jimbog

Gavin83 said:

Mstty said:

I try and stress this to every FTB always buy a house if you can stretch to it the bigger gains are with houses and always look to move up and onwards rather than that flashy 10k holiday when you are young. Work hard when young to enjoy your 40's.

I did the holidays in my 20s, including a year of travelling and if I could have my time again I’d do exactly the same thing. Frankly I can pay off a mortgage at any point in my life but travelling is far more fun when you’re young. I did stuff while travelling I wouldn’t have the balls to do now. Plus I could be dead in a month and I’d feel a lot happier on my deathbed knowing I went travelling rather than buying a house.

It’s a balance between being sensible and actually enjoying yourself.

Always possible to do both. Bought my first place, rented it out so a tenant could pay my mortgage while I backpacked Australia and Asia

Gavin83

It is entirely possible to do both but had we bought a house at that point we wouldn't have been able to afford the travelling. My point was if both wasn't an option and with hindsight I'd still choose the travelling over the house buying, even if it did delay the house buying for about 8 years. Probably not the sensible option on paper but I wouldn't change it.

Mark_Glasses

@sheramber it is part of a wider picture yes, but as this is a property board I'm highlighting this aspect

@MeteredOut nothing to do with parenting. My dad already knew my life ambitions. In a basic sense if you told someone you wanted to move to London and work in a job that involves travelling then said that so and so was living in London and working in a job that involves travelling then surely they'd make that connection.

@Ditzy_Mitzy we're not competing for the same jobs or same properties though. I don't disagree with what you're saying but in reality if I was a multi millionaire CEO living in a big house in Hampstead he would still be in the same position.

@[Deleted User] travelling for work is something I've always wanted to do. Only got to do it very occasionally in my first job and that was by far the best thing about the job. Sitting at the same desk all day every day is so soul destroying. I do feel the need to be up and doing something all the time, I can never just sit down and relax.

@gavin83 this person has always gone on holiday a lot.

MeteredOut

@Mark_Glasses What are you now trying to get out of this thread? The initial question (why has this property gone up so much) was answered early. It now seems to have turned into some form of 1-to-many group therapy session and I'm not convinced that is beneficial to your mental health.

Mark_Glasses

@MeteredOut ideally to buy a house and for it to go up by £440k in 7 years time.