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Levy process
This site seems to give off waves of deeply troubled unhappiness at the moment.

While most would feel rightly happy about an end of unfair advantages for BTL, the manic drooling and hooping at the site of people losing their jobs, meltdown of currencies, and all forms of economic disaster seems really sad, and a bit creepy.

I sometimes think that there is a unwritten assumption underwriting bear philosophy on here that when the great crash arrives in all its many economic manifesations, somehow we will return to a fairer society, where rewards are handed out on the basis of a strict moral code similar to a Victorian nanny maintaining order in a nursery.

Have you ever stopped to think that there may be no way back to that golden era of fairness you crave? Have you ever considered that the economic downturn that looks more likely by th day will bring misery to many, but with it no counter balancing increase in fairness. The future might be more like some sort of South American state, where 10% live in closeted luxury, while the majority live in shanty towns. I'd seriously question whether anyone in this country who is struggling now will struggle any less after the downturn.
happy?
QUOTE(Levy process @ Oct 5 2007, 08:14 PM) *
This site seems to give off waves of deeply troubled unhappiness at the moment.

While most would feel rightly happy about an end of unfair advantages for BTL, the manic drooling and hooping at the site of people losing their jobs, meltdown of currencies, and all forms of economic disaster seems really sad, and a bit creepy.

I sometimes think that there is a unwritten assumption underwriting bear philosophy on here that when the great crash arrives in all its many economic manifesations, somehow we will return to a fairer society, where rewards are handed out on the basis of a strict moral code similar to a Victorian nanny maintaining order in a nursery.

Have you ever stopped to think that there may be no way back to that golden era of fairness you crave? Have you ever considered that the economic downturn that looks more likely by th day will bring misery to many, but with it no counter balancing increase in fairness. The future might be more like some sort of South American state, where 10% live in closeted luxury, while the majority live in shanty towns. I'd seriously question whether anyone in this country who is struggling now will struggle any less after the downturn.


The answer's yes. Many people who post here have no axe to grind and see no moral superiority in advocating a sustainable income/house price ratio. Many of us hold no irrational hatred of BTL and recognise the importance of a mixed-housing economy. Many of us also experienced the negative equity of the late 80's early 90's and see no advantage in such a situation repeating itself.

Many of us believe that houses are for living in and not for speculation.

A slow, steady, orderly deflation in house prices would be very welcome - whether it can ever happen is another matter entirely.
Wad
QUOTE(Levy process @ Oct 5 2007, 08:14 PM) *
.......somehow we will return to a fairer society, where rewards are handed out on the basis of a strict moral code similar to a Victorian nanny maintaining order in a nursery.


Many people wish for a 'socialist utopia' but unfortunately what they get is 'socialist government'.
Compounded
The down turn will be painful for many.

But if people in the future can get a roof over their heads without taking on a lifetime of debt that will be good.

If an essential thing for life gets cheaper its good for all except those who have speculated on it as if it were an investment.

IMHO investments should be things that are not essential to a rich fulfilled life. Gold, commodities, shares and bonds are the things that should be investments.

In a perfect world.

As for socialism - take from the hard working productive honest people to give to the lazy dishonest and spendthrift seems to be the reality
winkie
QUOTE(Levy process @ Oct 5 2007, 07:14 AM) *
This site seems to give off waves of deeply troubled unhappiness at the moment.


You can live happily ever after if you're not after too much. wink.gif
dog
QUOTE(Levy process @ Oct 5 2007, 07:14 AM) *
This site seems to give off waves of deeply troubled unhappiness at the moment.

While most would feel rightly happy about an end of unfair advantages for BTL, the manic drooling and hooping at the site of people losing their jobs, meltdown of currencies, and all forms of economic disaster seems really sad, and a bit creepy.

I sometimes think that there is a unwritten assumption underwriting bear philosophy on here that when the great crash arrives in all its many economic manifesations, somehow we will return to a fairer society, where rewards are handed out on the basis of a strict moral code similar to a Victorian nanny maintaining order in a nursery.

Have you ever stopped to think that there may be no way back to that golden era of fairness you crave? Have you ever considered that the economic downturn that looks more likely by th day will bring misery to many, but with it no counter balancing increase in fairness. The future might be more like some sort of South American state, where 10% live in closeted luxury, while the majority live in shanty towns. I'd seriously question whether anyone in this country who is struggling now will struggle any less after the downturn.


Did you have an afternoon at the pub? You are not normally this pompous or patronising.
BTLlivingthedream
See my sig. HPC as a collective mind does have a very large dose of millenarianism.
Impartial
QUOTE(Levy process @ Oct 5 2007, 08:14 PM) *
This site seems to give off waves of deeply troubled unhappiness at the moment.

While most would feel rightly happy about an end of unfair advantages for BTL, the manic drooling and hooping at the site of people losing their jobs, meltdown of currencies, and all forms of economic disaster seems really sad, and a bit creepy.

I sometimes think that there is a unwritten assumption underwriting bear philosophy on here that when the great crash arrives in all its many economic manifesations, somehow we will return to a fairer society, where rewards are handed out on the basis of a strict moral code similar to a Victorian nanny maintaining order in a nursery.

Have you ever stopped to think that there may be no way back to that golden era of fairness you crave? Have you ever considered that the economic downturn that looks more likely by th day will bring misery to many, but with it no counter balancing increase in fairness. The future might be more like some sort of South American state, where 10% live in closeted luxury, while the majority live in shanty towns. I'd seriously question whether anyone in this country who is struggling now will struggle any less after the downturn.



Not all will be miserable even in the worst scenario. Those that use their brains and due diligence can stay ahead of the curve or ride it.

This site has helped many recognise the shift from one economic situation to another, it is up to the individual to plan and act accordingly.

A twit earlier suggested we should just talk about House Prices on here, this site has become a hell of a lot more than that and I hope it will continue to provide very useful and insightful economic and political discussion.


grumpy-old-man
QUOTE(Levy process @ Oct 5 2007, 08:14 PM) *
This site seems to give off waves of deeply troubled unhappiness at the moment.

While most would feel rightly happy about an end of unfair advantages for BTL, the manic drooling and hooping at the site of people losing their jobs, meltdown of currencies, and all forms of economic disaster seems really sad, and a bit creepy.

I sometimes think that there is a unwritten assumption underwriting bear philosophy on here that when the great crash arrives in all its many economic manifesations, somehow we will return to a fairer society, where rewards are handed out on the basis of a strict moral code similar to a Victorian nanny maintaining order in a nursery.

Have you ever stopped to think that there may be no way back to that golden era of fairness you crave? Have you ever considered that the economic downturn that looks more likely by th day will bring misery to many, but with it no counter balancing increase in fairness. The future might be more like some sort of South American state, where 10% live in closeted luxury, while the majority live in shanty towns. I'd seriously question whether anyone in this country who is struggling now will struggle any less after the downturn.


LP,

I think you realised about 2 months ago just how bad this is going to get.

I have felt this way for over a year now. People laughed both on here & when I spoke personally to them about stuff like this, now some are listening but not with both ears, others have closed both ears to me, but they are not laughing any more. ph34r.gif ph34r.gif
Pluto
QUOTE(Impartial @ Oct 5 2007, 07:50 PM) *
Not all will be miserable even in the worst scenario. Those that use their brains and due diligence can stay ahead of the curve or ride it.

This site has helped many recognise the shift from one economic situation to another, it is up to the individual to plan and act accordingly.

A twit earlier suggested we should just talk about House Prices on here, this site has become a hell of a lot more than that and I hope it will continue to provide very useful and insightful economic and political discussion.


You can't talk about house prices without talking about the causes and how this is going to pan out out. This web site ceased being just about houses a long time ago. The thread with the most views and postings is about Gold and nothing to do with houses.

the end is nigh
QUOTE(happy? @ Oct 5 2007, 08:22 PM) *
The answer's yes. Many people who post here have no axe to grind and see no moral superiority in advocating a sustainable income/house price ratio. Many of us hold no irrational hatred of BTL and recognise the importance of a mixed-housing economy. Many of us also experienced the negative equity of the late 80's early 90's and see no advantage in such a situation repeating itself.

Many of us believe that houses are for living in and not for speculation.

A slow, steady, orderly deflation in house prices would be very welcome - whether it can ever happen is another matter entirely.

excellent, well measured response - stopped me saying what I was going to!
Goldfinger
QUOTE(grumpy-old-man @ Oct 5 2007, 09:37 PM) *
I have felt this way for over a year now. People laughed both on here & when I spoke personally to them about stuff like this, now some are listening but not with both ears, others have closed both ears to me, but they are not laughing any more. ph34r.gif ph34r.gif

This is my experience as well.
GavLaw
QUOTE(Pluto @ Oct 5 2007, 09:39 PM) *
You can't talk about house prices without talking about the causes and how this is going to pan out out. This web site ceased being just about houses a long time ago. The thread with the most views and postings is about Gold and nothing to do with houses.


But 'the twit' had a point though, in the last couple of days this place has started to read like a party political broadcast by the tory party.
needle
QUOTE(happy? @ Oct 5 2007, 08:22 PM) *
The answer's yes. Many people who post here have no axe to grind and see no moral superiority in advocating a sustainable income/house price ratio. Many of us hold no irrational hatred of BTL and recognise the importance of a mixed-housing economy. Many of us also experienced the negative equity of the late 80's early 90's and see no advantage in such a situation repeating itself.

Many of us believe that houses are for living in and not for speculation.

A slow, steady, orderly deflation in house prices would be very welcome - whether it can ever happen is another matter entirely.


Touché!

My sentiments exactly.
Jason74
QUOTE(Levy process @ Oct 5 2007, 08:14 PM) *
This site seems to give off waves of deeply troubled unhappiness at the moment.

While most would feel rightly happy about an end of unfair advantages for BTL, the manic drooling and hooping at the site of people losing their jobs, meltdown of currencies, and all forms of economic disaster seems really sad, and a bit creepy.

I sometimes think that there is a unwritten assumption underwriting bear philosophy on here that when the great crash arrives in all its many economic manifesations, somehow we will return to a fairer society, where rewards are handed out on the basis of a strict moral code similar to a Victorian nanny maintaining order in a nursery.

Have you ever stopped to think that there may be no way back to that golden era of fairness you crave? Have you ever considered that the economic downturn that looks more likely by th day will bring misery to many, but with it no counter balancing increase in fairness. The future might be more like some sort of South American state, where 10% live in closeted luxury, while the majority live in shanty towns. I'd seriously question whether anyone in this country who is struggling now will struggle any less after the downturn.


Absolutely top post. If house prices could be brought back under control in isolation, this would be a great thing. However, it is likely that if HPC happens, it will happen as part of a much wider economic downturn that will bring huge levels of misery to many. While there is a genuine argument that this may be a "necesarry evil" as part of the process of bringing prices back under control, the way some on here seem to revel in the suffering that many will go through is quite disturbing.
Pluto
QUOTE(GavLaw @ Oct 5 2007, 08:48 PM) *
But 'the twit' had a point though, in the last couple of days this place has started to read like a party political broadcast by the tory party.


Tories are the same as Labour. The last boom was under the Tories watch; this one under Labour.

Don't start thinking that the Tories are any different. There are many types of turds, but they all have a couple of things in common: they all stink, and the longer they stick around the stink gets worse and they start to attract flies.
canadagoose
QUOTE(GavLaw @ Oct 5 2007, 10:48 PM) *
But 'the twit' had a point though, in the last couple of days this place has started to read like a party political broadcast by the tory party.


As someone selling out of the market next month I have to agree with the premise of the thread. The gleeful latching on to anything which might prompt a fall in house prices regardless of the cost to others (debt, loss of employment, poverty) is offensive and pathetic.

It would work fine for me personally if the market were to level off or head down over the next couple of years but I'd hate to become like the posters here drooling for economic disaster. For whatever reason, some posters here seem to have become quite bitter and twisted seeing prices going up over the last few years. It's not pretty.
BoomBoom
QUOTE(Levy process @ Oct 5 2007, 08:14 PM) *
This site seems to give off waves of deeply troubled unhappiness at the moment.

While most would feel rightly happy about an end of unfair advantages for BTL, the manic drooling and hooping at the site of people losing their jobs, meltdown of currencies, and all forms of economic disaster seems really sad, and a bit creepy.

I sometimes think that there is a unwritten assumption underwriting bear philosophy on here that when the great crash arrives in all its many economic manifesations, somehow we will return to a fairer society, where rewards are handed out on the basis of a strict moral code similar to a Victorian nanny maintaining order in a nursery.

Have you ever stopped to think that there may be no way back to that golden era of fairness you crave? Have you ever considered that the economic downturn that looks more likely by th day will bring misery to many, but with it no counter balancing increase in fairness. The future might be more like some sort of South American state, where 10% live in closeted luxury, while the majority live in shanty towns. I'd seriously question whether anyone in this country who is struggling now will struggle any less after the downturn.



I'll show my hand. I'm off ouf of this shit hole in a few months so for all I care it can burn.
hankdd
Sorry I will stand in the corner and stare at my feet.

Just a thought ,why have you hung round to get veteran status?
There aer all sorts of evangelical forums where you can be vicarish to your hearts content.
Charlie The Tramp
QUOTE(Pluto @ Oct 5 2007, 09:39 PM) *
The thread with the most views and postings is about Gold and nothing to do with houses.


Yes agreed, kept alive by the faithful few.


Goldfinger 669 wink.gif
carseller 182
Pluto 152
sossij 129
LargelyIgnorant 121
cells 101
dnd 94
whoops_apocalypse 92
charliemouse 65
Compounded 58
Bart of Darkness 55
UNSHURE 53
oracle 50
grumpy-old-man
it's that bl00dy "thedebtisreal's" fault imo. wink.gif
the end is nigh
QUOTE(Jason74 @ Oct 5 2007, 10:03 PM) *
Absolutely top post. If house prices could be brought back under control in isolation, this would be a great thing. However, it is likely that if HPC happens, it will happen as part of a much wider economic downturn that will bring huge levels of misery to many. While there is a genuine argument that this may be a "necesarry evil" as part of the process of bringing prices back under control, the way some on here seem to revel in the suffering that many will go through is quite disturbing.

that'll be about equivalent to the suffering those families who have been priced out have gone through then?

life's a bitch etc. etc.
grumpy-old-man
QUOTE(the end is nigh @ Oct 5 2007, 10:45 PM) *
that'll be about equivalent to the suffering those families who have been priced out have gone through then?

life's a bitch etc. etc.


yep, I'll second that.

out of every 10 people I meet, 8 of them are greedy, selfish bigheaded tw4ts........so I feel sorry for approx 20% of the UK as a generalistic figure.
9FOI11
QUOTE(Jason74 @ Oct 5 2007, 10:03 PM) *
Absolutely top post. If house prices could be brought back under control in isolation, this would be a great thing. However, it is likely that if HPC happens, it will happen as part of a much wider economic downturn that will bring huge levels of misery to many. While there is a genuine argument that this may be a "necesarry evil" as part of the process of bringing prices back under control, the way some on here seem to revel in the suffering that many will go through is quite disturbing.



Where theres muck theres brass, time for the crap to hit the blades so those that can deal with it can prosper through hard work and determination and find goodies. I got bored of the last 10 years of property and get rich quick, I wanna be a celebrity and live next door to a footballer and aspire to the same lifestyle even though I can't afford it mantra that blighty stands for today. I want to do my thing, work for myself and aspire to be the best at something I'm good at and that brings happiness to me and others without being f*cked over by tax, HPI, regulations, speculation, oneupmanship, by one hit wonder, tat-buying folk and wannabes that kept me in a shitty flat the last 6 years because I invested in something different, my life. I'll take my chances in no-mans-land rather than die from a thousands cuts thanks. huh.gif
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