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Renters - are family or friends pressuring you to buy?

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Comments

  • PhilL_3
    PhilL_3 Posts: 79 Forumite
    You mean youre going to live with THEM? In a house you all own? Run away!

    DITTO

    omg just two days with Hyacinth and Victor are quite enough...
  • Phirefly
    Phirefly Posts: 1,605 Forumite
    Oh I told mine, but Mr Phirefly is always somewhat lagging behind... I'm sure he was still making his mind up about what he thought about our first date as we completed on Tha Wharf. His parents live 200 miles away (small mercies) and he keeps them in the dark on most things, so just never really got round to telling them he had a girlfriend. Until after they spent their windfall :(

    (*edit* oops, wouldn't do to poke fun at the in-laws on his username!!)
  • Phirefly
    Phirefly Posts: 1,605 Forumite
    oh crikey I'm getting in a right pickle now, thanking myself for my own post made under his username! I think I need a lie down!!!
  • beingjdc
    beingjdc Posts: 1,680 Forumite
    On the original point, I'd say 'not really'. My parents were keen for me to buy when I got my first proper job five years ago. I did that with some help for them on the deposit. It wasn't much different to renting, I got out at the right time for a small profit when I moved to London, and since then they've been indifferent - probably don't want me buying in London anyway as they're hoping I'll move back North one day! My father is now a committed convert to this being "a good time to invest in cash".

    My girlfriend would on balance prefer that I bought somewhere, but she shuts up when I point her at what the rent I pay on this rather nice flat would purchase, even on an interest-only mortgage. Her dad's a multi-millionaire though so you can't really expect her to understand. What I think houses should cost she doesn't consider an unreasonable price for a handbag. Very MSE...

    I've told her we (I, then...) can buy somewhere if we move out of London. She doesn't want to do that either, so...
    Hurrah, now I have more thankings than postings, cheers everyone!
  • You mean youre going to live with THEM? In a house you all own? Run away!

    Sadly, though that is the best option, it's not possible.

    My wife has two elderly parents (both 80+) who aren't well. She is an only child and they can't live on their own any more. Short of chucking them in a home, what else can we do?

    It is really difficult. Morally we don't have any choice, but it is going to be hard. Made harder still by the likely reductions in house prices. I can tell you when the crash will be - just after we buy............
  • dolce_vita
    dolce_vita Posts: 1,031 Forumite
    Guy_Montag wrote: »
    What's your website (PM if rude or you want to be descrete)

    What does that word mean mate.

    I've never come across that one before.

    ;)
    dolce vita's stock reply templates

    #1. The people that run these "sell your house and rent back" companies are generally lying thieves and are best avoided

    #2. This time next year house prices in general will be lower than they are now

    #3. Cheap houses are a good thing not a bad thing
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    To update this - the inlaws were harnguing my OH again about buying last weekend. They have actually conceded that house prices may not rise, or even fall a bit, but only in the North! :o
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