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House Price Falls "welcomed" by nearly Everyone
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pickles110564 wrote: »Maybe not with you .
How may houses do you own?
Oh I see you did not get on board because?
You seem to chuck that line out every time you get rattled.
Those of us who 'did not get on board' generally chose not to because the sums didn't add up, something increasingly common since about 2003 when the market really started to diverge from financial reality.
Still, I'm sure that you bought your properties when fiscally prudent to do so and didn't (like so many shortsighted 'investors') just jump on in recent years by gearing yourself to the max in a climate of 'free and easy' credit.... Pretty much anyone could have done that and would have been incredibly foolish to do so.--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
You seem to chuck that line out every time you get rattled.
Those of us who 'did not get on board' generally chose not to because the sums didn't add up, something increasingly common since about 2003 when the market really started to diverge from financial reality.
Still, I'm sure that you bought your properties when fiscally prudent to do so and didn't (like so many shortsighted 'investors') just jump on in recent years by gearing yourself to the max in a climate of 'free and easy' credit.... Pretty much anyone could have done that and would have been incredibly foolish to do so.
Rattled? If i didn't own a home and the chances of me doing so were getting slimmer..sellers not reducing,credit crunch,no mortgages about that would rattle me..owning a home now with good equity with threats of 10-20% falls wouldn't.0 -
mr.broderick wrote: »Rattled? If i didn't own a home and the chances of me doing so were getting slimmer..sellers not reducing,credit crunch,no mortgages about that would rattle me..owning a home now with good equity with threats of 10-20% falls wouldn't.
Looks like denial is still a place in Egypt for some people.0 -
ruggedtoast wrote: »Looks like denial is still a place in Egypt for some people.
Hang on i've not hit the anger phase yet..0 -
ruggedtoast wrote: »Looks like denial is still a place in Egypt for some people.
Sorry didn't mean to rattle you ?
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