House Price Crash!

ag359

Ian_W wrote:

If I wasn't far too busy counting me bricks, a fortnight somewhere warm with good english food and beer would do my just fine, thank you. :beer:

Sorry, just read your last sentence. It makes you sound like such a simpleton! Are you really that easily pleased? Do you have no ambition? I'm intrigued...

Rave

I suspect there have been a number a tongue-in-cheek posts in this thread. Just FYI....;)

ag359

Rave wrote:

I suspect there have been a number a tongue-in-cheek posts in this thread. Just FYI....;)

Thank you, I am fully aware of that - my original post was not without a little touch of the devil's advocate. However, the replies baffled me a little, so I couldn't let them go unanswered...

Again, thanks for your kind advice.

Ian_W

ag359 wrote: Are you really that easily pleased?
Do you have no ambition?
I'm intrigued...

Yes
No

ag359

Ian_W wrote:

Yes
No

Hmm...now I am confused. Cryptic...

deemy2004

Pennywise wrote:

More importantly, money has no intrinsic value of itself. It is simply a measure of relative wealth. Unless there is an inflow or outflow of money from the planet Earth to another planet, all that happens is a flow and ebb of wealth from one country to another and one person to another. If someone's wealth has increased by £57k, then there is a corresponding reduction somewhere else. Of course, it all gets very complicated with exchange rate fluctuations, valuations used instead of real transactions, artificial transactions such as futures etc, large scale frauds and errors, etc. That is why the politician's vision of "everyone" being better off will never materialise - of course they know that but daren't say it as it would be political suicide.

Eh ?

Countries produce goods, services and build infrastructure its called GDP. Most Countries most of the time get richer. If someones wealth has increased by £57k that does not mean that someone elses has decreased by £57k as not only do you have GDP growth but you also have a growth in the money supply, so there is more money sloshing around the system to go into the housign market and hence pump up the price by £57k

nelly_2

My point was, it IS a choice these days between having an enriched life or a house for nearly all ftbs because houses are so expensive. People are having to commit far more of their income to a mortgage than ever before.

So there is little or nothing left to have fun with.

I'm not knocking people for their choices if walking in scotland is what does it for you or sitting on sand for 2 weeks then go for it, my best mate goes on week long fishing trips, personally I'd rather gnaw my own arms off than any of the above.

There was a recent thread on here where someone was about to buy a house and leave himself with £60 a month spare cash. Every one was being polite but the general gist was, dont be so sodding stupid.

Well thats up to him and people like him but its not for us.

Fell free to respond with sarcasm and pretentiousness

John_M_Business

meanmachine wrote:

Didn't you crack the same gag last week?

New comedy writers needed, I feel.

And like this whole subject, it's the same thing over and over again.

Er... that's my point. And you've just confirmed it. If you remember I also wrote 'Deja deja deja deja vu'.

Of course, if this goes on another week then I'll crack a very similar joke again.

You have ALL been warned...

GreenB_2

zzzzz
are we still on about this?
Look back over the last 18 months posts its the same old story.
Have prices crashed in that time - erm no they have actually gone up!
crash = prices going down
rise = prices going up

End of story

meanmachine_2

GreenB wrote:

zzzzz
are we still on about this?
Look back over the last 18 months posts its the same old story.
Have prices crashed in that time - erm no they have actually gone up!
crash = prices going down
rise = prices going up

End of story

Depends entirely on where you live, of course. In my neck of the woods (SE) I've saved around 3K by not buying. END OF STORY.