anyone just taking a back seat now?

jamescredmond

neas wrote: »

I started here a few months back and would post heavily about how we were in a house price crash... now i know its happening... i dont need to freqent this forum as much its plastered everywhere... its spoken about everywhere.... Now im just playing the waiting game

Anyone else like this?

I'm waiting,as well.
1.5yrs from now will prob. be a good time to dabble, if not to actually buy.

and it's common enough now to hear people talking about HP's as it is to hear them moaning about the weather.

I still lurk around this board, but to be honest, I think we're all talked out on the matter, because the argument is over: HP fall is now a fact of life.

we've now moved into 'monitoring mode', with discussion hinging on 'how long/deep'.

I'm not sure if any of my posts have been of any use - they've been based on nothing more than rec'd wisdom and sentiment.

that said, the mystic einsteins on both sides, with their loonier analyses, have provided a little light entertainment but not much else.

other posts seem motivated by a desire to see a return to a sense of proportion and balance in the market and an end to the venal greed of the past decade.

I'm in this camp.

I'll continue to view and,occasionally, post. but the white heat of discussion has long since cooled.

PasturesNew

jamescredmond wrote: »

eh? dinner? no-one? what about me?

I'd have to get to Jersey though. Doesn't really count.
I can buy my own chips for £1.30 just 2 miles away.
MSE says I should pocket my ticket money and get the chips.

Edit/Update: Forgot to check - are you fit/single?

PasturesNew

merlinthehappypig wrote: »

Partly because we are in the process of buying somewhere and I don't want to hear about prices dropping any further......

Hurrah! Good luck with that.

When it's the right house at the price you're prepared to pay, it doesn't matter that it might be cheaper in the future.

Wallis clothes shops (that's for girls) used to have a Sales Strategy. They would run their Sale for three weeks and all the clothes had 3 prices on them. What you'll pay this week, what you'll pay next week, what you'll pay the week after .... but when it's gone it's gone. So their entire business model for sales was that prices will be cheaper next week, just to get people to buy it today so they didn't miss out.

Sometimes a house IS hard to find (I know mine will be, not seen one I like yet and although I'm not looking I do look at everything every day online). And you've had trouble finding the right one for you. So enjoy it.

lethal0r

I still read here regularly, theres some good articles linked to that I would never have found myself & also some good questions asked. It does annoy me how certain people type the same thing over and over though.

PasturesNew

lethal0r wrote: »

... theres some good articles linked to that I would never have found myself & also some good questions asked.

Yes. Linking to articles is the best bit.

I think right now, until the next significant change, there's not much more to say. Crash is "game on" and official reports/figures of note only turn up about 2-3 times a month. As it's mid-month right now, there's another two weeks for the next one. So it would just be major breaking news stories that would prompt something new to spark debate.

mystic_trev

PasturesNew wrote: »

Yes. Linking to articles is the best bit.

I think right now, until the next significant change, there's not much more to say. Crash is "game on" and official reports/figures of note only turn up about 2-3 times a month. As it's mid-month right now, there's another two weeks for the next one. So it would just be major breaking news stories that would prompt something new to spark debate.

CPI figures are released in 7 mins. Much over 3% and anyone can forget about IR reductions. Over 3.3% and IR hikes will be on the cards!

dannyboycey

neas wrote: »

I started here a few months back and would post heavily about how we were in a house price crash... now i know its happening... i dont need to freqent this forum as much its plastered everywhere... its spoken about everywhere.... Now im just playing the waiting game

Anyone else like this?

Yes. We knew it was going to happen - sticking around to say "I told you so, look how much money I've made" is a bit pointless, and it wont win many new friends. I'm still going to keep popping my head round the door every now and again as there are some interesting posters here, but I think I've spent way too much time posting here over the past few months. There are also too many idiots troll-posting here now (not mentioning names....you know who you are). Time to knuckle down and get on with something else methinks.

dannyboycey

mystic_trev wrote: »

Over 3.3% and IR hikes will be on the cards!

They are pretty much certain now anyway. The next time you hear the words 'rate cut' mentioned as a possibility, we will be in a deep recession, the housing market will be toast, and the country a complete mess (not that far off then;))

merlinthehappypig

PasturesNew wrote: »

Hurrah! Good luck with that.

When it's the right house at the price you're prepared to pay, it doesn't matter that it might be cheaper in the future.

Wallis clothes shops (that's for girls) used to have a Sales Strategy. They would run their Sale for three weeks and all the clothes had 3 prices on them. What you'll pay this week, what you'll pay next week, what you'll pay the week after .... but when it's gone it's gone. So their entire business model for sales was that prices will be cheaper next week, just to get people to buy it today so they didn't miss out.

Sometimes a house IS hard to find (I know mine will be, not seen one I like yet and although I'm not looking I do look at everything every day online). And you've had trouble finding the right one for you. So enjoy it.

Thanks.

I hadn't bothered to post the details because just recently it didn't seem to matter what side of the argument you were on, people just jumped down your throat whatever you said. I used to enjoy the debate on this forum, but not any longer.

We have found a place we really like so fingers crossed it will go through this time.

I realise that it will probably be worth less than we paid in a year's time, but have done everything we can to minimise any risk. We are paying 83.8% of the original 2007 asking price and, whilst we need a mortgage, we have managed to keep it to a fairly low level. More importantly, we are paying just slightly double the price it sold for in 2000, when the average price has almost tripled in that period, so I believe.

Finances aside we will be settled in a house we like and which suits our needs in an area we know and like. It's difficult to put a price on that.

Edit: And we have room for the ponies to live with us - just need a cart for when the diesel runs out/gets too expensive and plenty of room to grow our own food when we need a 2nd mortgage to go to Tescos.

jamescredmond

PasturesNew wrote: »

I'd have to get to Jersey though. Doesn't really count.
I can buy my own chips for £1.30 just 2 miles away.
MSE says I should pocket my ticket money and get the chips.

Edit/Update: Forgot to check - are you fit/single?

fit?
pretty much - no pregnant man about me but the wrong side of 40.

my OH said it's fine for me to hook up with you in jersey.

but she said I needn't bother coming home.

now THAT'S what I call an offer!