Sam your very first post in 2004, the bold bits show something is not quite right.
Ole !
QUOTE
I have been reading some of the messages on this site for a few weeks now, and i have to say that some of them i sympathise with, some i disagree, and some that disgust me, nearly all sadden me.
I do not wish too be branded a Bull or Bear as i do not think in those terms, i am just a hard working man who wants to live in his own paid for home, and i wish the same for any other hard working people who want the same.
I will tell you my story, and you can then draw your own conclusions.
I was divorced at the end of 1999 after 12 years of marriage, it was all quite amicable, but very hard on the both of us, we are both in our early 40s now.
Part of 2000 was a blur to me, i plodded on, like most people do, but at the time nice houses and cars and all the material things in life things meant very little too me, i had all that once before. In the second part of 2000 i pulled my socks up, i potentially had a great business, the only thing i needed to get back was my drive, which for most of my life has never been a problem, and i am more than happy with the cards i was dealt as a person, no self pity in me.
I will not go into my complete life story, God forbid, but i wil talk about the bit that is relevent to this site, Property.
Along came 2001, and i statted thinking about getting my own place again, i was now in the top 5% of wage earners and had no debts. I got a feel for prices around where i live(just north of London), and then rolled up my sleeves and started saving. At that time i thought property a little over priced, but there you go, i could still save enough in a few years to get me back in my own home and afford the mortgage. I would also like to point out now that just because i was in the top 5% of wage earners i did not have the attitude that i should be in the top 5% of quality property, far from it.
Months went by, my saving grew nicely, but so did House Price Inflation.
I stuck with into 2002, then 2003, whatever i put away through hard graft, house price inflation was matching it, if not more.
We are now nearly at the end of 2004, and i am getting tired, also a little down, and on the odd occasion bitterness creeps in(yes i know, very ugly emotion).
I still regard myself as having been dealt a good hand in life, i have worked non stop since i left school at 16, i got though the 2 reccessions without going into debt, i made it through the last property crash without missing a mortgage payment.
I see myself as a strong person who in many ways dusted himself down and got on with life, and did more than ok. It makes me wonder, as a man on a very good wage who cannot afford his own home, what it must be like for anyone on less than an average wage or worse who does not own property at present.
Maybe the right thing for me to have done a few years ago was borrow heavily, even lie(self cert), but why should i.
I am not a speculator, and i am not the type who gets taken in by get rich quick schemes(time will tell if it was a get rich quick scheme), i am just a hard working man whose life took a turn for the worse in 1999, i am now paying for my poor timing.
I cannot believe that i will never be given a chance to own my own place again, and deep down i think i will have my day again, but right now it hurts.
Sorry if this message went on a bit
