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Debate House Prices


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Why are some people on here being so nasty?

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Comments

  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    S'funny how a thread urging people to courtious to each other on the forum descends into a rabid discussion on house price crashes.

    Yeah, that's so damn weird on a house price discussion board.
    ...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'.
  • bo_drinker
    bo_drinker Posts: 3,924 Forumite
    The media and internet are helping to drag the housing market down big time.
    I came in to this world with nothing and I've still got most of it left. :rolleyes:
  • Kez100
    Kez100 Posts: 2,236 Forumite
    bo_drinker wrote: »
    The media and internet are helping to drag the housing market down big time.

    They also did the opposite!

    I would say it is promoting the fall in that the word spreads quicker and so monthly falls are greater. I don't honestly think prices will fall any further because of it though. Indeed, one blip (we had some of those in the last crash) and it's possible the media/internet effect will cause an upturn quicker too. We all know there are plently of FTB waitingto pounce getting bigger deposits together by the month.
  • chrisandanne
    chrisandanne Posts: 434 Forumite
    I think Yorkshire must have been on another planet from the graphs, I bought a house in 1978 (at the top) and sold in 1983 (at the bottom), and the house had gone up 150% and we had made no improvements to it ????? how does that work then ?.

    Anyway in the last 6 years Yorkshire has woken up to average house prices and the prices have gone up 400% for a typical ftb, 2 bed terrace :eek: .

    My VI is that I would like my daughter to be able to buy in the village where I live and then her and my grandaughter will be nearer to us. There are very few rental properties available.
    Ax
    Don't believe everything you think.

    Blessed are the cracked...for they are the ones who let in the light. A x
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    Pretty static here in Shoreditch. Expensive... but static.

    If anyone wants a beer and a fight over the price of houses, you'll find me in Hoxton Square most evenings.

    We're pretty close by - in WC1. Rents are pricey but static here, as well.
    ...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'.
  • Sir_Humphrey
    Sir_Humphrey Posts: 1,978 Forumite
    I know this wasn't written to me, but I'm answering anyway (-:

    I don't care about the bottom of the market - I'm not an expert, but even if I were, judging that is more a matter of luck than anything else, I reckon.

    We are happy renting now, but don't intend to do so life-long. When prices have fallen to a more realistic level, we'll buy then.

    Exactly, no-one is suggesting renting forever. I expect to be looking to buy in about 2 years if things carry on the way they are.

    Unfortunately, I was not in a position to buy in 2000 as I was still at university. What kind of saddo wants to buy a house at 20 anyway (unless they have "done too much, much too young* ")? My little brother is 24 and he quite rightly has no immediate interest in the subject.

    The Bulls can shout and boast all they want, but it does not change the fact that me deciding not to buy when I had my first opportunity (Dec 2005) is paying off big time, and it will almost certainly result in me living in a better flat than the shoebox I could have afforded at the time.

    Why are we arguing? The people who bought in the late 1990s did the right thing; those holding off from 2004-2008 look like having done the right thing. Both did so ignoring the popular "wisdom" of the time. Some people will have invested well, bully for them; some investors will be burnt, well "boo hoo" (not).

    *The Specials
    Politics is not the art of the possible. It consists of choosing between the disastrous and the unpalatable. J. K. Galbraith
  • LillyJ
    LillyJ Posts: 1,732 Forumite
    Unfortunately, I was not in a position to buy in 2000 as I was still at university. What kind of saddo wants to buy a house at 20 anyway (unless they have "done too much, much too young* ")? My little brother is 24 and he quite rightly has no immediate interest in the subject.

    I am 23 and just buying a house. I don't think I am a saddo in any way, and I don't really see why you should just base your decisions purely on age.

    Your brother may be in a different stage of his life to me, I have a very long term partner, and am looking to start a family at some point in the not so distant future. I also went to University (for 6 years) and haven't done "too much too young" either.

    But thanks for your opinion on my lifestyle.
  • Sir_Humphrey
    Sir_Humphrey Posts: 1,978 Forumite
    LillyJ wrote: »
    I am 23 and just buying a house. I don't think I am a saddo in any way, and I don't really see why you should just base your decisions purely on age.

    Your brother may be in a different stage of his life to me, I have a very long term partner, and am looking to start a family at some point in the not so distant future. I also went to University (for 6 years) and haven't done "too much too young" either.

    But thanks for your opinion on my lifestyle.

    I see you are not familar with The Specials.

    If you re-read my post, you will see that I referred to saddoes as people being 20. Being 23 is very different, particularly for those who went to university. My brother is single which obviously makes a difference.

    I don't see the big rush to buy though. You seem not to have the financial pressures that most of us have, but why not save some money? It is your dough, and it's a free country (just about), but this is a moneysaving website, and that is the sort of discussion that will go on here.

    Perhaps a website called www.whowouldliveinahouselikethis.com would satisfy some posters here? :confused:
    Politics is not the art of the possible. It consists of choosing between the disastrous and the unpalatable. J. K. Galbraith
  • LillyJ
    LillyJ Posts: 1,732 Forumite
    By the time you reach 40 you'll be thinking you've wasted your youth, and you'll be right. I have seen so many of my peers who married their first boyfriend/girlfriend split up - it's such a cliche, but people really do have mid-life crisis'.

    You seem to have gone straight from school, straight to Uni straight to mortgage/marriage. Where is the carefree single about-town fun? You haven't done "too much too young", you've done "too little while young".

    Youth really is wasted on the young. Remember me, when you're getting divorced. Remember the sage words of your MSE Dad!

    ps. Will you thank me for commenting on your lifestyle too (because I really did, rather than just make a general remark that you decided what a personal slight at you)? ;)

    Well thanks for the input, but I am very very happy with my partner and wouldn't change him for the world.
    I am not sure where this "single care free" thing comes from? I am pretty care free to be honest and have travelled the world (with and without my partner), have great friends and have a nice lifestyle.
    I haven't wasted my youth in anyway, I am not sure what (apart from sleep with more partners) I would have done differently had I not had a partner?
    There is nothing I have sacrificed by being in a relationship at all (I am not interested in sleeping around just to see what I am missing out on).
    Not really sure what else to say to this, as I am not sure what I am supposed to have wasted?! I have lived with housemates, my partner, in rented, travelled, worked in rubbish part time jobs, been to uni, worked abroad, etc

    I think you have a rather bizzare notion of what relationships are about if you think your life ends when you enter one!
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    Unfortunately, I was not in a position to buy in 2000 as I was still at university.

    Same for us - I was doing my LLM in 2000, and not in a position to buy. In 2001 - 2002, I was doing pupillage, and then a very baby barrister with insecure, low, and undocumented earnings.

    We were first in a position, financially, to buy in early 2005. Not emotionally in such a position, though - OH's parents had just died, and I was pregnant. When the dust settled later in 2005, we decided it was a bad time to buy.
    ...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'.
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