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Debate House Prices


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anyone just taking a back seat now?

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Comments

  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    and something about a 'lekker ding'.
    That's the trouble with the Internet .... expectations are raised WAY too highly.

    :)

    More what we in the UK call "not really my thing"
    :)
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    No. No point in my past.
    Never even shacked up. I'd have never been able to look my mum in the eye if I had and nobody asked anyway.

    It just wasn't the done thing when I was young. And as things changed, I didn't.

    No, you're not a lawyer for nothing... you charge way too much :)

    For 6.5 years after OH and I had been living together, he had to share a room with my younger brother when we stayed with my parents. Then I got pregnant, and they gave up (-:
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • geoffky
    geoffky Posts: 6,835 Forumite
    Hear, hear!

    Couldn't agree more. Sometimes, I wonder if people lose the picture that a house is a HOME, not just an investment, and the price you pay is irrelevant until you come to move. :rotfl:
    it!

    Of course price matters ........if you pay cash believe me it matters
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • mr.broderick
    mr.broderick Posts: 3,778 Forumite
    1,000 Posts Combo Breaker
    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.

    I've highlighted the paragraph to which i will refer...

    You spend most of this post justifying the price then you write this bit in bold :confused:

    This saga has been going on for months, if you cannot accept that this may seem arduous to innocent bystanders then you are puddled.

    Congratulations on the house by-the-way and good luck.
  • jamescredmond
    jamescredmond Posts: 1,061 Forumite
    mizzbiz wrote: »
    ja, ben ik engels! Ik heb nederlands bij universiteit gestudeerde en ik al een jaar in Amsterdam gewoond. Het is ongeveer vijf jaar sinds ik nedlands hebben gesproken.
    En u? Waar komt u?
    ik ben ik engels ook!

    ik woan in zuidmiddelands. de buurt is ardig en stil. wij zijn blij hier.

    boodschap in uwr 'inbox', alstubleift.

    tot ziens!
    miladdo
  • mr.broderick
    mr.broderick Posts: 3,778 Forumite
    1,000 Posts Combo Breaker
    Dhr. zal B niet worden genegeerd
  • geoffky wrote: »
    Of course price matters ........if you pay cash believe me it matters

    Yeah, I know. But ultimately, a home is a home.

    If you paid cash (outright?) then presumably once upon a time you had a mortgage on another property which you've managed to pay off? In which case, you'll have paid perhaps double the original purchase price when interest payments are taken into account (unless you made massive overpayments and managed to cut the term right back, and thus interest too). Either way, you'll have paid more for it in the end than you originally bought it for, right? Ergo (what a great word!), you stand to lose money...same principle when paying cash, only you would be "better off" if/when prices fall as you've not had to pay extra interest, n'est pa?!

    Anyway, regardless...a house is a HOME. If you can afford the upkeep, and you don't need to move, surely a price crash won't affect you? It's not like prices will fall and fall and fall until houses are worth nothing - they are a necessity in life!
  • LillyJ
    LillyJ Posts: 1,732 Forumite
    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.

    I didn't realise this. The people we are buying from bought in 2000 and they paid just OVER half of what we are paying, and they have done a lot, including new roof, new boiler and new electrics, DG and cosmetic stuff.

    So good news for us then.
  • LillyJ
    LillyJ Posts: 1,732 Forumite
    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.

    I love it! What clever psychology.

    I kind of feel this way about my house, in the fact that we had been sort of looking for over a year and seriously looking since Jan, and this is literally the only house I would have even considered offering on (yes, I am the fussiest FTB in the world ;))
    I also feel lucky that I live in an area which is affordable, so the "affordability" argument doesn't hold too much water here in my opinion. If I could only afford a 1 bed or a flat, I wouldn't have bothered. In fact what we have is a house with garage, garden and drive in the exact area I chose (rather than the slums on the edge of the area I chose which is what I know people end up being "forced" into).
  • ik ben ik engels ook!

    ik woan in zuidmiddelands. de buurt is ardig en stil. wij zijn blij hier.

    boodschap in uwr 'inbox', alstubleift.

    tot ziens!


    No wonder the Indonesians slung the !!!!!!5 out.
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