The 1960s house

misesther

meanmachine wrote:

All threads regarding the property market end up in a b*tch fest, regardless of how they started.





Anyway, we're way off topic, so maybe we should close this thread, before I'm jumped on again.

Oh! I'm sorry. I wasn't jumping on you. I wanted to contribute but I found the thread uninviting.

John_M_Business

What I find amusing is that it seems to be as much people looking for reasons why they're right in their current situation.

I really think that we do need to get away from the use of individual case studies as argument one way or the other... i.e. 'my best friend is really smart and he says the house market is going to collapse' or the 'I know three people who can't get on the housing ladder'... for every argument you can find a case study: but if what you're actually seeing in the marketplace does not support the case studies, then you just have to say 'well, that's interesting, but they don't reflect the public as a whole'. And, at the moment, house prices are remaining pretty static. So there!

I am in the process of selling my flat (offer accepted, survey to come) and, of course as soon as I get to completion I'll hope that the whole market goes belly-up and I can afford a 'footballers' mansion' for tuppence ha'penny. In reality I don't think it will... there will be some slow 'sinking' in areas where property was never that popular and a flatline elsewhere... though I wouldn't be surprised with a couple more interest rate drops if prices start heading north again.

Finally, threads rarely offer invitations to join - you can just choose to join in or not as the case may be. Join in one like this, expect a robust discussion...

wibble68_2

lush_walrus wrote:

Anyway, like I say Im off out of any type of housing market discussion on here now.

Sorry you feel this way Mrs Walrus.

These kinds of forums are very good at creating lively debate.

The fact that they get a bit heated now and then just adds to the interest.

I fear that you've taken all this a bit too seriously.

If everyone on here agreed with each other it would get very boring.

Please keep posting.

Ian_W

John_M_Business wrote: I am in the process of selling my flat (offer accepted, survey to come)

You're lying!! I heard nothings been sold in London for the last 2 years cos everyone knows property there is gonna crash at least 50% this year. Its on www. londonpropertyupsh*tcreek.com so it must be true.

Oh, I get it - you're just another EA type, vested interest, talking up the market. Shame on you getting all those FTB's into loads of debt with all that interest on expensive mortgages, go on out of it .... grrrr!!

Spendless

meanmachine wrote:

But let's be honest, all the usual stalwarts on this forum have an agenda. Why else would they post here?!

LOL- I have no agenda. I am not an EA nor trying to buy or sell a house. I've been in both situations of being in neg equity a year after buying and buying a property cheap a year before a boom took place. I frequently point out that you can't have a'one size fits all' view on the housing market. All the websites I have seen talk about house prices with regard to counties, but prices can widely vary from town to town within that area, and from village to village within the town. I post to offer my experience no other reason.

But to get back on thread, my parents were the first in the family to buy their house in early 70s. I have 2 grans in their 80s still alive and when I ask why they rented rather than bought they gave the same reply-they were scared of owing that much money to the bank. It frightened them they also said renting their council house was cheaper compared to the mortgage they would have had. As I've no figures available I don't know if that's correct or just that they thought it would be more expensive.

John_M_Business

Ian_W wrote:

You're lying!! I heard nothings been sold in London for the last 2 years cos everyone knows property there is gonna crash at least 50% this year. Its on www. londonpropertyupsh*tcreek.com so it must be true.

Oh, I get it - you're just another EA type, vested interest, talking up the market. Shame on you getting all those FTB's into loads of debt with all that interest on expensive mortgages, go on out of it .... grrrr!!

Rats... you found me out. Yes, I'm a charlatan: I've just paid £250k for a shed in Rickmansworth...

Jake54

Will someone bring me up to speed please, and tell me what the main part of this topic is about, and where we are so far,
From the bit's I've read There seem's to be disagreements all over the place.
So whats on the list. in short, who disagrees with who, and who agrees with anyone. :eek:
and who's annoyed with who, etc etc.then I can then put my Fourpennyworth in and realy get the topic moving again

And meanmachine, I promise I won't get Riled
Looks like an interesting topic :T

margaretclare

Hi Jake

This started out as a discussion as to the differences between buying a house in the 1960s and in the 2000s, the differences in expectations, availability of finance, whether there were enough houses to buy etc. Recently it seems to have gone back to the pros and cons of whether it's better to 'get on the housing ladder' now, whether to wait for the expected housing price crash, whether in fact there will be a price crash at all, and how FTBs are expected to 'get a foot on the ladder' with these silly prices, and how did people cope 40 years ago. Although this last consideration has faded into the background, and now it seems to be 'will house prices crash/won't they'.

Aunty Margaret

Jake54

Ah right! Aunty.
Thank you

There's the other topic about over or under valued houses, which I have to say, with regret, I got A little riled about. anyway
This morning on the BBC press the red button for news thing, an item came up

Quote>>> Evidence from the latest survey of the property market suggests it may be heading for an upturn.<<<

Now, as I said, on the other topic I have had my house on market since mid May and no veiwing ( at all)
About 10am, no word of a lie, the EA rang and said there were Two (2) people who wish too veiw the house.
They may think the house is not for them or over priced
But
The fence sitters have come of the fence and started looking and
Come on you FTB's, before the price goes up again.
You don't want to loose out!

Edinburghlass_2

misesther wrote:

Oh! I'm sorry. I wasn't jumping on you. I wanted to contribute but I found the thread uninviting.

Oh I have to disagree, I have found the thread fascinating especially the descriptions of the 1960's house :rotfl:

It reminded me of the first flat I bought in the early 70's for £2,500. Lots of brown shag pile carpet and orange coffee set. I thought I was the bees knees :rotfl:

The same one bedroom ground floor tenement flat is probably worth about
£175,000 now :eek: