FTB's - don't buy now!

PasturesNew

carolt wrote: »

(With a respectful nod to pasturesnew here, who 'just likes it here'!)

ooh, I got a mention somewhere where I wasn't even hanging out

mr.broderick

carolt wrote: »

You can call it what you damn well like. Call it a tickle or a fairy or a la-la.

Prices are falling, and the reduction in prices is speeding up. That's what I and millions of others desperate to buy a home at a reasonable multiple of normal earnings care about.

The important message?

Don't buy now.

Maybe you are looking at houses that you cannot afford carol if you are a ftb with a decent deposit plenty of houses around here at 80k-90k for ftb.Move up lancashire, we'll go for a drink one night i feel for you if the market has got away from you, get a part time job or retrain and get a better job earning more money or do as you are doing and wait for a crash, lifes too short carol, i can feel your desperation maybe it is a symptom of another problem in your life, i mean we all have needs don't we...

mr.broderick

Anyway i thought we were keeping these crash threads over the road in the house price crash thread, getting a tad tedious.

carolt

Wow, two men obsessed with me but unable to stick to the matter under discussion - house prices.

I'm very, very dull. House prices, on the other hand, are very interesting - especially at the moment.

Hence this unofficial breakaway from the big sticky at the top.

That wasn't accidental - it was deliberate. If the mods can really justify moving this, under the guise that all threads suggesting house prices might fall should be under one banner, then so be it.

FWIW, I think that would be a ludicrous abuse of free speech, AND, more importantly, it would be a great disservice to money savers everwhere.

What's the point of say, saving £5 on your Tesco delivery, or £2 on some freebie you didn't really need, or indeed even £10/month on your phone bill (all of which I've done in the past, courtesy of mse and it's wonderful forums and posters), if I then go and blow £200 grand on a house that depreciates by say, 5% in a year, and loses me £10 grand in that year alone?!!!!

If I didn't post here, whilst taking advantage of other people's helpful advice elsewhere,, and instead let all the useful info on the site fester in one little sticky up the top, that many people will not even spot, I would frankly not be returning the favours I've had.

In a market that is now generally accepted to be falling - it's 6 months in a row, according to today's news, guys - the situation where all threads that advise the most vulnerable buyers in a downturn , FTB's, to hold their horses and really think before making a decision they might regret hugely, are forbidden, is plainly outrageous nonsense.

Sorry to those whose feelings or portfolios may be hurt by the news, but I don't create the news - the few people who read my posts are not exactly going to make much dent in national statistics! - I just report it.

And the news is unambiguous - house prices are falling.

brit1234

mr.broderick wrote: »

Anyway i thought we were keeping these crash threads over the road in the house price crash thread, getting a tad tedious.

Sorry Mr Broderick
But the supply of information about a house price crash has grown massively over the last two months and now can be clearly seen to be happening.

On thread can't hold it anymore.

Get over you denial, it is too late the crash is now here.:rotfl:

mr.broderick

carolt wrote: »

Wow, two men obsessed with me but unable to stick to the matter under discussion - house prices.

I'm very, very dull. House prices, on the other hand, are very interesting - especially at the moment.

Hence this unofficial breakaway from the big sticky at the top.

That wasn't accidental - it was deliberate. If the mods can really justify moving this, under the guise that all threads suggesting house prices might fall should be under one banner, then so be it.

FWIW, I think that would be a ludicrous abuse of free speech, AND, more importantly, it would be a great disservice to money savers everwhere.

What's the point of say, saving £5 on your Tesco delivery, or £2 on some freebie you didn't really need, or indeed even £10/month on your phone bill (all of which I've done in the past, courtesy of mse and it's wonderful forums and posters), if I then go and blow £200 grand on a house that depreciates by say, 5% in a year, and loses me £10 grand in that year alone?!!!!

If I didn't post here, whilst taking advantage of other people's helpful advice elsewhere,, and instead let all the useful info on the site fester in one little sticky up the top, that many people will not even spot, I would frankly not be returning the favours I've had.

In a market that is now generally accepted to be falling - it's 6 months in a row, according to today's news, guys - the situation where all threads that advise the most vulnerable buyers in a downturn , FTB's, to hold their horses and really think before making a decision they might regret hugely, are forbidden, is plainly outrageous nonsense.

Sorry to those whose feelings or portfolios may be hurt by the news, but I don't create the news - the few people who read my posts are not exactly going to make much dent in national statistics! - I just report it.

And the news is unambiguous - house prices are falling.

I suppose you missed the last boat but if all your news links are proven true you should be able to catch the next one in a couple of years hopefully you wont then be on here hpi cheerleading, i mean you wouldnt do that would you carol?

WTF?_2

mr.broderick wrote: »

I suppose you missed the last boat but if all your news links are proven true you should be able to catch the next one in a couple of years hopefully you wont then be on here hpi cheerleading, i mean you wouldnt do that would you carol?

No attempt to address any of the points in the post being replied to: Check
'Passive/aggressive' type personal harrying of the original poster: Check

Yep, Mr B is definitely back on the board. :rolleyes:

mr.broderick

brit1234 wrote: »

Sorry Mr Broderick
But the supply of information about a house price crash has grown massively over the last two months and now can be clearly seen to be happening.

On thread can't hold it anymore.

Get over you denial, it is too late the crash is now here.:rotfl:

Denial thats interesting bought a few houses in my time some made money some didnt, doubt the current one will but hey a few hundred quid a month mortgage for where i live is ok believe me, doesn't really affect me if they do crash in fact will probably benefit me but if people think houses will crash 30% then we are all going to buy nice relatively cheap houses theres a few doom mongers on here going to be in for a shock..a nasty one at that...utd going to get a result tonight?

mr.broderick

mr.broderick wrote: »

Maybe you are looking at houses that you cannot afford carol if you are a ftb with a decent deposit plenty of houses around here at 80k-90k for ftb.Move up lancashire, we'll go for a drink one night i feel for you if the market has got away from you, get a part time job or retrain and get a better job earning more money or do as you are doing and wait for a crash, lifes too short carol, i can feel your desperation maybe it is a symptom of another problem in your life, i mean we all have needs don't we...

When carol replies to this post i'll address the other points !!!!!! i promise, im interested to read a reply to this. Shes a phoney.

brit1234

mr.broderick wrote: »

I suppose you missed the last boat but if all your news links are proven true you should be able to catch the next one in a couple of years hopefully you wont then be on here hpi cheerleading, i mean you wouldnt do that would you carol?

Mr Broderick you really seem bitter. Most of us who welcome the house price crash just want to get on the ladder. Even if we do get on the ladder we don't won't house price inflation over standard inflation as it we cost us more to move up the ladder.

Try to get this through your head.

Its only investors who want house price inflation and they should be to blame for the economic downturn that is coming, them and their greed.:mad: