mmmes

It made me very happy at first, to find so many other people disolutioned with house prices. But now it seems to have turned into a site for investors and sell to renters.

I have no sympathy for people wishing for a house price crash so they can make money.

Seems to be very few first time buyers these days. Maybe they all left and bought houses.

Happy?

Yes. I would say I am as I now understand why prices are so high, and feel more educated economically. I think there is a tendancy to be unhappy and maybe scared about things you don't understand.

I have to say one thing. I am so glad that I did not buy 18mths ago.

Me too. And we have been very close to buying a few times. Very glad we held out.

I don't believe there has been any increase in the number of sell to renters on the forum.

There are loads of wannabe FTBs on the site.

As for investors, who says you need to own a house to be an investor?
Investors also don't need a house price crash to make money.

What I find hard to understand is why people equate high house price inflation with making money (As opposed to the comment about people making money from a house price crash). It doesn't make you any money, unless you sell up. People would be wealthier if house prices were low. I remember an article pointing out that if the price of a house dropped to £1, the author of the article, as a home owner, would not be less well off because (a) his house is a home and he has no intention of selling up and, b. if he wanted to move he could do so without selling his current property. The point of the article was not that house prices will fall significantly but rather that high house prices do not benefit anyone.

If you have been here for some months,
You may find some of the same-old-arguments rather boring. And when you thsoe anecdotals about,
"The crash may have started, because the guy next door cut his selling price by 5%" just doesnt seem very meaningful after you read it for the 12th time.

so what's left?: Learning about the economy, and looking into the detail of tactics and strategies that
can make you money while you wait for a bubble-market to correct.

Oh, and for those who want to have a look at Renewable Energy, and some other longer and more thoughtful (& complicated?) postings than seem to be in vogue here, why not pop in, and have a look at GEI.

I'm intrigued by your interest in green energy investment when you also invest in gold. How do you reconcile this ethically?

It shouldn't really make you feal happy, it should offer solace - well to normal people that is and what Dr B says on this thread about the repetative nature and turning into a economic discussion is bang on as far as im concerned.

Its a shame the title of the website is locked to housepricecrash these days because i think this is probably one of the best economic forums on the internet.

EDITED:
due to bad spelling again, thanks to the queen of the spelling police Dunroamin.

I'm happy

But HPC is just a good source of information, it neither makes me happy or sad.

not especially.

does make me PMSL quite a lot though

(oh and chuz - you HAVE to spell my name with a little 'd' )

Makes me happy and my other half unhappy as I am always on here. Not demanding a house 'tho am I?!!!

It has made me feel relieved, vindicated, angry, excited and jaded (although never simultaneously).

But most certainly addicted, and proud.

I suppose it is most reminiscent of those awkward teenage years when you thought you were the only person who liked "serious" music and everyone else went no further than Kylie or whatever... and then you found others like you... and slowly you realised that it wasn't you that was bonkers after all, it was everyone else!

Yeah because its helped me realise things never pay the asking price, and never buy when the market is excited/spring, and always look for additional forms of investment and additional work. Try and make money for yourself, and look for solutions to problems. Dont focus on the problem, if there is a problem do something else....

I wouldn't say that HPC has made me happy or unhappy, but it has educated me a lot.

This website has convinced me that a property crash would be a very bad idea since it will only serve the interests of the STRs. I used to be very bearish about the property market and wanted to see a property crash but things have moved on and I came to realise that a property crash would only benefit the STRs rather than FTBs.

It is better that house prices remain high for the foreseeable future. The STRs want to make money from the wild gyrations of the housing market and it is better that the housing market stabilises and stagnates at the top rather than crash because it will only be the STRs stand to benefit from a crash.

No, FFS, I am not happy.

No STRers want to save money, not make money. Speculators (BTLers) want to make money out of the housing market!

Idiot!

You're definitely going on my ignore list.

Yep real happy atm, just bought my first house, havent regretted it for a second. Doing it up has been fun and the satisfaction of seeing a room finished after the work is very rewarding. Id still like prices to drop, will only server to make my next move more affordable

Bully for you. What are you doing here then? Run along and be happy.

I'd diagnose buyer's remorse, but an unusually repressed case. He needs a year of deep regression therapy before he can even start making sense...

Yes, its clear that he is currently in the 'manic' phase of the condition.

I have personal knowledge of the condition, and it is true that doing a lot of painting, decorating and hammering can take your mind off it for a while. You have to stop and sit down some time though

I too am a recovering buyers remorse victim. It is a long, hard road to recovery, but with love and support it can be done.

I am happy, although when you try to tell people we are in a classic bubble they accuse you of being a miserable doom monger, I feel vindicated in many respects as I was saying what many people were saying on here before many even noticed what was happening.

I just wish people would realise that this is a classic bubble, in fact it's text book stuff,

Explain why?

Wild gyrations? Surely houpse prices only ever go in one direction?

Tw@t.

gyrations of umbrellas....... ;p

yep, im happy, nothing to do with this site though, I read it out of interest, kinda voyeuristically really, to see what other people are thinking in the position i was in before buying my house.

The more I read the more I know I made the right choice. I was a priced out FTB but I saved hard for a few years - nothing wrong with that imo, I think people think life is too easy these days, well nothing should come easy imo and I enjoyed tightening my belt and the acheivement of scraping together all that cash.

And so I was able to buy a house I really wanted (semi with garden), in an area I really wanted (20min commute from London), for the family I really want (hmm must propose lol). What else matters, my mortgage is well affordable (20% of income repayments), and if the market crashes, so what, I have the house I want.

I think the prob with a lot of FTBs is that they arent prepared to save up for the deposit , im from a generation that was used to being spoilt, a generation that was able to get what it wanted when it wanted, unlike our parents and grand parents who really knew how to make do without moaning. Are houses really unaffordable? No. I bought one. Im not particularly well off, I earn an average salary. I just didnt piss all my money away on booze, TVs, DVDs, iPods, or whatever.

I think a generation is starting to realise that they cant always get what they want.

FFS!