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FTB's - don't buy now!

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Comments

  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    :rolleyes:

    While we're at it... and I know this is really pedantic.... but why can so many people not grasp the difference between "lose" and "loose"? (sorry... I said I was being pedantic - but it is mildly irritating)

    :T :T :T

    As a fellow pedant I share your frustration.

    This particular mistake is very common now. I think it is the minority who actually get it right. What do they mean educational standards aren't slipping?

    Help! I'm quite literally drowning in a sea of illiterate morons! ;)
    (used one of my pet hates there)
  • Thali
    Thali Posts: 46 Forumite
    Skyhigh wrote: »
    It is true though, unless you're buying as an investment, you're really buying a home. Although its good and nice to make profit on a property, its not critical - what is critical is having a roof over your head and being happy ....and being able to actually afford it.

    That's a very important point and I think - with all the generalisation - some of the "don't buy now" posters have overseen it.

    We just bought, well we agreed in Oct 2007 and completed in Feb 2008, and if you want & own a home a lot of (not so) rational reasons suddenly appear.
    I agree, prices will come down, I'm just hoping that this doesn't include properties in our price bracket (hope dies last).

    We never expected to make a profit on the flat - it was overpriced and we still went for it. Maybe we've done the wrong thing (I can see a lot of people agreeing on this) and I have to say, I'd be absolutely devastated if there is a 20% drop, however, on the other hand: it's our place, we can redecorate it, it's walking distance from work (at least for hubby), we've got a dirt cheap mortgage and so on.

    It's the same with saying: don't' bother getting married, 1 in 2 couples divorce anyway - and it doesn't matter if you could be the happy one ....

    Thali
  • JimmyTheWig
    JimmyTheWig Posts: 12,199 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Thali wrote: »
    It's the same with saying: don't' bother getting married, 1 in 2 couples divorce anyway - and it doesn't matter if you could be the happy one ....
    Agree with your sentiment entirely, though it's more like saying "Don't bother getting married. You'll never be able to sell your wedding dress for what you paid for it."
  • JimmyTheWig
    JimmyTheWig Posts: 12,199 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    it's more like saying "Don't bother getting married. You'll never be able to sell your wedding dress for what you paid for it."
    No, I've changed my mind again. It's _more_ like saying "Don't get married now. Wedding dresses will be cheaper in two years time. Wait until then."
  • mr.broderick
    mr.broderick Posts: 3,778 Forumite
    1,000 Posts Combo Breaker
    Thali wrote: »
    That's a very important point and I think - with all the generalisation - some of the "don't buy now" posters have overseen it.

    We just bought, well we agreed in Oct 2007 and completed in Feb 2008, and if you want & own a home a lot of (not so) rational reasons suddenly appear.
    I agree, prices will come down, I'm just hoping that this doesn't include properties in our price bracket (hope dies last).

    We never expected to make a profit on the flat - it was overpriced and we still went for it. Maybe we've done the wrong thing (I can see a lot of people agreeing on this) and I have to say, I'd be absolutely devastated if there is a 20% drop, however, on the other hand: it's our place, we can redecorate it, it's walking distance from work (at least for hubby), we've got a dirt cheap mortgage and so on.

    It's the same with saying: don't' bother getting married, 1 in 2 couples divorce anyway - and it doesn't matter if you could be the happy one ....

    Thali

    If you were a bloke id say "Now there goes someone with plenty of balls"
    Good luck for the future and if they drop 40% b.ugger it you sound happy and money cant/will never buy that...
  • Skyhigh
    Skyhigh Posts: 332 Forumite
    JonnyBravo wrote: »
    :T :T :T

    As a fellow pedant I share your frustration.

    This particular mistake is very common now. I think it is the minority who actually get it right. What do they mean educational standards aren't slipping?

    Help! I'm quite literally drowning in a sea of illiterate morons! ;)
    (used one of my pet hates there)

    Splitting off from the main thread:
    Edited ----
    Edit Reason: I must not feed the troll

    As I said before, its very easy for those with accommodation - especially those who have paid off their mortgage, have less of a mortgage left, or have a very good rate - to lecture those with no accommodation/housing of their own.
    The way I tend to explain it to others is, you try moving back in with your parents or into shared accommodation and living there - see how it goes, I'm sure your views on house-market risk-taking and affordability may change somewhat.
  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    Skyhigh wrote: »
    Splitting off from the main thread:
    If you mean Cartoon Network - its 'Johnny Bravo'.

    Based on that clearly. It's a nickname I have from my youngest, but seeing as my name doesn't have the 'h' I decided to drop it from my log-in name. :cool:


    Skyhigh wrote: »
    Anyhow, I know, education standards are disgusting. My recent flaw of mis-typing 'lose' and 'loose' is shocking. Guess I'd better hand back my MEng. :(
    Next time, I'll be sure to carefully re-read my entries before posting on this forum, just to check for speeling mistakes. :)
    [Spellchecker 4tw]

    Careful. You could end up sounding like Hillary Clinton and her "I mis-spoke" revelation.
    Anyhow, I'm sure they won't allow you to hand it back. Second hand prices are so low on them nowadays. ;)

    Skyhigh wrote: »
    As I said before, its very easy for those with accommodation - especially those who have paid off their mortgage, have less of a mortgage left, or have a very good rate - to lecture those with no accommodation/housing of their own.
    The way I tend to explain it to others is, you try moving back in with your parents or into shared accommodation and living there - see how it goes, I'm sure your views on house-market risk-taking and affordability may change somewhat.

    Not at all, I'm far from the "FTB - Dont Buy" brigade. Clearly there are many circumstances which make it more than sensible for people, even FTB's, to be buying now.
    Just cos I'm on this thread doesn't mean I agree with all they say on here, it's just they shout louder than me.
    Or perhaps they're more motivated than me? That's it.... I'm just a lazy b*gger! :cool:
  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    Skyhigh wrote: »
    Splitting off from the main thread:
    Edited ----
    Edit Reason: I must not feed the troll

    :D
    Don't worry I caught it... I'm in a feeding frenzy as we speak :rotfl:
    :D
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