Debate House Prices


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Why are some people on here being so smug?

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  • clobber_2
    clobber_2 Posts: 472 Forumite
    I would love to be in a position to buy, but I was blooming glad I was in rented when the boiler packed up!
  • thriftybabe
    thriftybabe Posts: 689 Forumite
    I love living in my house as I have no rent or mortgage to pay (fortunate enough to have been able to pay it off). My OH never take anything for granted and do not feel smug about it. We appreciate everything we have worked hard for. We do however feel bad for others who have high mortgages etc within our family and are just thankful that we have been lucky enough to get ours paid off.
  • mr.broderick
    mr.broderick Posts: 3,778 Forumite
    1,000 Posts Combo Breaker
    I've never lied, not being a home owner makes me sad. I think people living in their own home within their means are very lucky, I envy you but wish you well and hope too join your ranks one day soon......

    living in this limbo is sometimes bloody grim. Might be better if DH and I were in proper rented together but we just want to save every penny...so we can be homeowners....

    we are not going to be stupid to do so but its our aim. No smugness here!

    I really like you...
  • WTF?_2
    WTF?_2 Posts: 4,592 Forumite
    Treadmill wrote: »
    Each month you live in rented accom is another whole month away from owning your own home outright, Wheras even if you live in a house that is sliding in value each month you pay your mortgage is another month closer to owning your own home outright.

    Thats the way I look at it

    Since the likely price of my eventual home is probably going to be down at least 50k over the 2007 peak by end 2009, I feel that waiting a couple of years to buy will more than pay for itself.

    Especially as I am adding to my savings and semi-decent interest rates are available from mainstream savings accounts.
    --
    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.
  • mr.broderick
    mr.broderick Posts: 3,778 Forumite
    1,000 Posts Combo Breaker
    !!!!!!? wrote: »
    Since the likely price of my eventual home is probably going to be down at least 50k over the 2007 peak by end 2009, I feel that waiting a couple of years to buy will more than pay for itself.

    Especially as I am adding to my savings and semi-decent interest rates are available from mainstream savings accounts.


    Was going really well til the end bit
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    I really like you...


    err....Thanks....you weren't overly friendly when I first started posting here.:o

    (Lost sits here wondering if the bulls and the bears might both be nice to her though she is neither)
  • mr.broderick
    mr.broderick Posts: 3,778 Forumite
    1,000 Posts Combo Breaker
    err....Thanks....you weren't overly friendly when I first started posting here.:o

    (Lost sits here wondering if the bulls and the bears might both be nice to her though she is neither)


    Really i find that difficult to believe, you are extremely charming and polite.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Really i find that difficult to believe, you are extremely charming and polite.

    Well thanks again! I'm actually not so charming (I leave that to the husband who can charm extra baggage weight for free in the airport and everybody loves him) but I do try to be polite. I don't always succeed :o
  • Paulos77
    Paulos77 Posts: 693 Forumite
    Part of the Furniture
    I'm renting at the moment but have started looking to buy as prices are falling and even more so in next 6 months apparently. So hoping to be a home owner soon although there isnt much out there at the moment,

    Renting hasnt been to bad for me especially when things go wrong, hasnt cost me anything to get things fixed, But I do see it as throwing away money every month and would rather have my own home, do what I like with it and decorate it the way i want. Also some years down the line I can upgrade to somewhere bigger and better :)
    Comping again
  • mr.broderick
    mr.broderick Posts: 3,778 Forumite
    1,000 Posts Combo Breaker
    Well thanks again! I'm actually not so charming (I leave that to the husband who can charm extra baggage weight for free in the airport and everybody loves him) but I do try to be polite. I don't always succeed :o

    Heavens didn't realise you were a she...Have a nice evening..
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