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Debate House Prices
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Help me - I'm weakening! (cant face renting anymore)
Comments
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Well I just did it. bought a house I like knowing it will be worth less in two years.
My reasons are pretty much the same as everyone elses.
I sold my place at peak and got a decent price. My neighbours in similar properties who went to market too late are now asking 20,000 less than I actually got. I decided I had done well enough and have bought a house at 15,000 below asking price.
I'm happy enough with that.
After 6 months renting I want to get out in my own garden again and unpack my stuff .Living on Earth can be expensive, but it does include an annual free trip around the Sun.0 -
ruggedtoast wrote: »to make matters worse we now see that the place is on Rightmove for sale!
Tell your LL that you won't allow him to have any viewings if he doesn't move his furniture, so he will have to sell in 6 months time instead, in a falling market. See if that makes him change his mind.
See what what happens to the market in the next few months. It could be the best move you have ever made.RENTING? Have you checked to see that your landlord has permission from their mortgage lender to rent the property? If not, you could be thrown out with very little notice.
Read the sticky on the House Buying, Renting & Selling board.0 -
godammit I want to grow my own veg! A pot of herbs on the balcony is not enough! I need greenery!)
Contact your local council about getting an allotment.RENTING? Have you checked to see that your landlord has permission from their mortgage lender to rent the property? If not, you could be thrown out with very little notice.
Read the sticky on the House Buying, Renting & Selling board.0 -
I'm tired of renting too, and it's been made worse by finding out we had a happy accident on holiday and are expecting a new member of the family in November. So we really need a 4 bed now. But we are stuck living close to London because of our work, and the prices of 4 bed houses around here would make your eyes water. So, it might be a bit of a nightmare but I just can't buy now. I would rather we all crammed in here for a while longer and keep saving saving saving. After all, it isn't that bad, we do have a roof over our heads, even though there are fast becoming more heads than the roof can cover:A
:A"Everyone is a genius. But if you judge a fish on its ability to climb a tree, it will live its whole life believing that it is stupid" - Albert Einstein0 -
I would, but they're all being sold off to developers to build houses on which they won't be able to finish or sell.
There are a few on the other side of town but a) I don't drive (yet) and b ) having to get in a car to go to an allotment seems to defeat the point somewhat.0 -
This thread's more whiney than if you'd been on one 2-3 years ago bleating you'd been priced out!
You can all now see your goal. Go the extra mile. Wait it out. You know it makes sense.
The hard bit was getting this far. Now it's the downhill slope; the easy bit.0 -
I don't think prices will 'crash'.
I'd buy now if you see the perfect house with the 'threat' of a 'crash' to secure a nice amount off the asking price.0 -
PasturesNew wrote: »This thread's more whiney than if you'd been on one 2-3 years ago bleating you'd been priced out!
You can all now see your goal. Go the extra mile. Wait it out. You know it makes sense.
The hard bit was getting this far. Now it's the downhill slope; the easy bit.
I'm trying to stay strong and keep the faith Pastures but.dont know,, maybe.. can't... hold... on.... weak!0 -
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I totally sympathise. against all the advice on here me and the OH are buying despite being able to rent cheaply, but we're sick of it. We want a home for our future kids (and to have it ready for them when they arrive), our own decorating tastes, a garden (!!!) and the knowledge that we don't have to move again for a long, long time. (5 homes in 3 years).
...
happiness is more important. and besides prices are coming down a bit. if you start looking now, by the time you buy you'll probabably be able to afford something nearer to what you want and you'll have more savings.
good luck
Don't feel bad about it. You are actually buying a house for what it is intended as, a place to live, rather than as an investment vehicle. The sooner everybody gets that concept into their heads and lives by it, the sooner sanity will be restored.After the uprising of the 17th June The Secretary of the Writers Union
Had leaflets distributed in the Stalinallee Stating that the people
Had forfeited the confidence of the government And could win it back only
By redoubled efforts. Would it not be easier In that case for the government
To dissolve the people
And elect another?0
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