I have just joined and really want to know - what exactly is the motivation of you people? You seem to take a positive, gleeful joy in the prospect that there might be a house price crash - and, in fact, by your frothings and ravings, you actually encourage this and push it forward!
Are you all people who are hoping to cash in on the hard work and persistence of others - because that's how it seems to me! Are you gleefully sitting back & waiting for huge price falls - which you have, in part, caused - so as to profit from the years of effort put in by others?
My own position is clear: I began with nothing - truly, nothing - no parent or anyone to help me - and when I married, no one gave us any money for a house: but I bought my first home for £11,200 , 30 years ago, and from there on, by dint of sheer HARD WORK (do you people know what that is?) and by putting a huge amount of love, persistence and effort into our successive homes, we managed to buy our present home for £177,500, thirteen years ago.
A few months ago we decided to sell and emigrate, owing to being fed up with the get-something-for-nothing mentality of this country - and we sold our house for £650,000. We had to let those buyers go because of unrelated job problems, so then put the house back on the market. After 6 weeks we have sold again - but at only £575,000, way less than it is worth. And why? NOT BECAUSE PRICES HAVE REALLY, GENUINELY FALLEN THAT MUCH - factually, in our area of North London, the drop has been 0.4% - BUT BECAUSE OF THE PERCEPTIONS CAUSED BY PEOPLE LIKE YOU LOT!
Why do you so much resent people like us, who have made some money on our home? We are just working class people with no 'background' at all, but have worked hard - and may I ask, why should we not profit from our house, WHICH IS THE ONLY ASSET WE HAVE since our pensions are s**** and our investments are s**** thanks to this government!
Full Version: What, Exactly, Is Your Motivation?
QUOTE (handel @ Mar 4 2008, 04:56 PM) 
I have just joined and really want to know - what exactly is the motivation of you people? You seem to take a positive, gleeful joy in the prospect that there might be a house price crash - and, in fact, by your frothings and ravings, you actually encourage this and push it forward!
Are you all people who are hoping to cash in on the hard work and persistence of others - because that's how it seems to me! Are you gleefully sitting back & waiting for huge price falls - which you have, in part, caused - so as to profit from the years of effort put in by others?
My own position is clear: I began with nothing - truly, nothing - no parent or anyone to help me - and when I married, no one gave us any money for a house: but I bought my first home for £11,200 , 30 years ago, and from there on, by dint of sheer HARD WORK (do you people know what that is?) and by putting a huge amount of love, persistence and effort into our successive homes, we managed to buy our present home for £177,500, thirteen years ago.
A few months ago we decided to sell and emigrate, owing to being fed up with the get-something-for-nothing mentality of this country - and we sold our house for £650,000. We had to let those buyers go because of unrelated job problems, so then put the house back on the market. After 6 weeks we have sold again - but at only £575,000, way less than it is worth. And why? NOT BECAUSE PRICES HAVE REALLY, GENUINELY FALLEN THAT MUCH - factually, in our area of North London, the drop has been 0.4% - BUT BECAUSE OF THE PERCEPTIONS CAUSED BY PEOPLE LIKE YOU LOT!
Why do you so much resent people like us, who have made some money on our home? We are just working class people with no 'background' at all, but have worked hard - and may I ask, why should we not profit from our house, WHICH IS THE ONLY ASSET WE HAVE since our pensions are s**** and our investments are s**** thanks to this government!
Are you all people who are hoping to cash in on the hard work and persistence of others - because that's how it seems to me! Are you gleefully sitting back & waiting for huge price falls - which you have, in part, caused - so as to profit from the years of effort put in by others?
My own position is clear: I began with nothing - truly, nothing - no parent or anyone to help me - and when I married, no one gave us any money for a house: but I bought my first home for £11,200 , 30 years ago, and from there on, by dint of sheer HARD WORK (do you people know what that is?) and by putting a huge amount of love, persistence and effort into our successive homes, we managed to buy our present home for £177,500, thirteen years ago.
A few months ago we decided to sell and emigrate, owing to being fed up with the get-something-for-nothing mentality of this country - and we sold our house for £650,000. We had to let those buyers go because of unrelated job problems, so then put the house back on the market. After 6 weeks we have sold again - but at only £575,000, way less than it is worth. And why? NOT BECAUSE PRICES HAVE REALLY, GENUINELY FALLEN THAT MUCH - factually, in our area of North London, the drop has been 0.4% - BUT BECAUSE OF THE PERCEPTIONS CAUSED BY PEOPLE LIKE YOU LOT!
Why do you so much resent people like us, who have made some money on our home? We are just working class people with no 'background' at all, but have worked hard - and may I ask, why should we not profit from our house, WHICH IS THE ONLY ASSET WE HAVE since our pensions are s**** and our investments are s**** thanks to this government!
Oh dear - I think you're going to get some interesting replies. All I can suggest is you take some time to read the site - go back over the forum postings over the last few months - and you might learn a bit about what motivates us, and why high house prices don't benefit anyone.
The supreme irony of your post, if you are genuine, is that you decided to emigrate because you were fed up with the 'something for nothing mentality', yet you expect to make over £36,000 a year from doing nothing but living in a house!
PS, like your music.
That's quite funny 1) To think that house price inflation is hard work.
2) You don't think your unwarranted gain is not someone elses loss who is by accident of when they were born, is less fortunate (but possibly more deserving) than you.
2) You don't think your unwarranted gain is not someone elses loss who is by accident of when they were born, is less fortunate (but possibly more deserving) than you.
There are millions of people in this country who work hard and will never, never, even if they work for two lifetimes be able to afford a house worth £575000 (even if it is worth £650000).
Ron
Ron
QUOTE (handel @ Mar 4 2008, 04:56 PM)
I have just joined and really want to know - what exactly is the motivation of you people? You seem to take a positive, gleeful joy in the prospect that there might be a house price crash - and, in fact, by your frothings and ravings, you actually encourage this and push it forward!
Are you all people who are hoping to cash in on the hard work and persistence of others - because that's how it seems to me! Are you gleefully sitting back & waiting for huge price falls - which you have, in part, caused - so as to profit from the years of effort put in by others?
My own position is clear: I began with nothing - truly, nothing - no parent or anyone to help me - and when I married, no one gave us any money for a house: but I bought my first home for £11,200 , 30 years ago, and from there on, by dint of sheer HARD WORK (do you people know what that is?) and by putting a huge amount of love, persistence and effort into our successive homes, we managed to buy our present home for £177,500, thirteen years ago.
A few months ago we decided to sell and emigrate, owing to being fed up with the get-something-for-nothing mentality of this country - and we sold our house for £650,000. We had to let those buyers go because of unrelated job problems, so then put the house back on the market. After 6 weeks we have sold again - but at only £575,000, way less than it is worth. And why? NOT BECAUSE PRICES HAVE REALLY, GENUINELY FALLEN THAT MUCH - factually, in our area of North London, the drop has been 0.4% - BUT BECAUSE OF THE PERCEPTIONS CAUSED BY PEOPLE LIKE YOU LOT!
Why do you so much resent people like us, who have made some money on our home? We are just working class people with no 'background' at all, but have worked hard - and may I ask, why should we not profit from our house, WHICH IS THE ONLY ASSET WE HAVE since our pensions are s**** and our investments are s**** thanks to this government!
Are you all people who are hoping to cash in on the hard work and persistence of others - because that's how it seems to me! Are you gleefully sitting back & waiting for huge price falls - which you have, in part, caused - so as to profit from the years of effort put in by others?
My own position is clear: I began with nothing - truly, nothing - no parent or anyone to help me - and when I married, no one gave us any money for a house: but I bought my first home for £11,200 , 30 years ago, and from there on, by dint of sheer HARD WORK (do you people know what that is?) and by putting a huge amount of love, persistence and effort into our successive homes, we managed to buy our present home for £177,500, thirteen years ago.
A few months ago we decided to sell and emigrate, owing to being fed up with the get-something-for-nothing mentality of this country - and we sold our house for £650,000. We had to let those buyers go because of unrelated job problems, so then put the house back on the market. After 6 weeks we have sold again - but at only £575,000, way less than it is worth. And why? NOT BECAUSE PRICES HAVE REALLY, GENUINELY FALLEN THAT MUCH - factually, in our area of North London, the drop has been 0.4% - BUT BECAUSE OF THE PERCEPTIONS CAUSED BY PEOPLE LIKE YOU LOT!
Why do you so much resent people like us, who have made some money on our home? We are just working class people with no 'background' at all, but have worked hard - and may I ask, why should we not profit from our house, WHICH IS THE ONLY ASSET WE HAVE since our pensions are s**** and our investments are s**** thanks to this government!
You really don't understand do you?
It is not us on here that caused this mess but people like you, the banks and government. We know where it will end just not when.
Oh, by the way, your house is worth only what someone is willing to pay for it.
Working hard is not a right to doing well, many work hard and earn a pittance (look at the sweat shops around the world). It takes knowledge and application of it to really do well (and a bit of luck).
QUOTE (handel @ Mar 4 2008, 06:56 PM)
I have just joined and really want to know - what exactly is the motivation of you people? You seem to take a positive, gleeful joy in the prospect that there might be a house price crash - and, in fact, by your frothings and ravings, you actually encourage this and push it forward!
Are you all people who are hoping to cash in on the hard work and persistence of others - because that's how it seems to me! Are you gleefully sitting back & waiting for huge price falls - which you have, in part, caused - so as to profit from the years of effort put in by others?
My own position is clear: I began with nothing - truly, nothing - no parent or anyone to help me - and when I married, no one gave us any money for a house: but I bought my first home for £11,200 , 30 years ago, and from there on, by dint of sheer HARD WORK (do you people know what that is?) and by putting a huge amount of love, persistence and effort into our successive homes, we managed to buy our present home for £177,500, thirteen years ago.
A few months ago we decided to sell and emigrate, owing to being fed up with the get-something-for-nothing mentality of this country - and we sold our house for £650,000. We had to let those buyers go because of unrelated job problems, so then put the house back on the market. After 6 weeks we have sold again - but at only £575,000, way less than it is worth. And why? NOT BECAUSE PRICES HAVE REALLY, GENUINELY FALLEN THAT MUCH - factually, in our area of North London, the drop has been 0.4% - BUT BECAUSE OF THE PERCEPTIONS CAUSED BY PEOPLE LIKE YOU LOT!
Why do you so much resent people like us, who have made some money on our home? We are just working class people with no 'background' at all, but have worked hard - and may I ask, why should we not profit from our house, WHICH IS THE ONLY ASSET WE HAVE since our pensions are s**** and our investments are s**** thanks to this government!
Are you all people who are hoping to cash in on the hard work and persistence of others - because that's how it seems to me! Are you gleefully sitting back & waiting for huge price falls - which you have, in part, caused - so as to profit from the years of effort put in by others?
My own position is clear: I began with nothing - truly, nothing - no parent or anyone to help me - and when I married, no one gave us any money for a house: but I bought my first home for £11,200 , 30 years ago, and from there on, by dint of sheer HARD WORK (do you people know what that is?) and by putting a huge amount of love, persistence and effort into our successive homes, we managed to buy our present home for £177,500, thirteen years ago.
A few months ago we decided to sell and emigrate, owing to being fed up with the get-something-for-nothing mentality of this country - and we sold our house for £650,000. We had to let those buyers go because of unrelated job problems, so then put the house back on the market. After 6 weeks we have sold again - but at only £575,000, way less than it is worth. And why? NOT BECAUSE PRICES HAVE REALLY, GENUINELY FALLEN THAT MUCH - factually, in our area of North London, the drop has been 0.4% - BUT BECAUSE OF THE PERCEPTIONS CAUSED BY PEOPLE LIKE YOU LOT!
Why do you so much resent people like us, who have made some money on our home? We are just working class people with no 'background' at all, but have worked hard - and may I ask, why should we not profit from our house, WHICH IS THE ONLY ASSET WE HAVE since our pensions are s**** and our investments are s**** thanks to this government!
George Frideric.... welcome to HPC.
I think there are people who delight in seeing HPs crash, and why not? They have been priced out of the market by ridiculous speculation where HPIs have risen well above wage inflation, and have had to and been encouraged to borrow many times their salaries. Even having to take out 'Liars loans' if they could. Did anyone care about them?
I bought my first house at tender age of 19 for £20K, it's probably 'worth' £200K in todays money I guess. What a ridiculous sum for a FTB?
Maybe you are a troll? Don't know. Your email has certain troll like attributes but also seems genuine. Does it matter you ask? No, not really.
An asset is WORTH what you can sell it for. Not what someone tells you it's worth, this is the market in action. It is after all a house market and prices are driven by the market. I bought my parents council house for £34K and sold it near the top for £208K, yes I was lucky and it's all about timing. But get the timing wrong, like a lot of recent BTLs/FTBs and you will pay for it.
How come there was such a big difference in the two 'sale' prices? What timescale were the two offers, as that is what they are until completion. Offers to pay money, not cast iron guarantees.
Frank
QUOTE (handel @ Mar 4 2008, 04:56 PM)
I have just joined and really want to know - what exactly is the motivation of you people? You seem to take a positive, gleeful joy in the prospect that there might be a house price crash - and, in fact, by your frothings and ravings, you actually encourage this and push it forward!
Are you all people who are hoping to cash in on the hard work and persistence of others - because that's how it seems to me! Are you gleefully sitting back & waiting for huge price falls - which you have, in part, caused - so as to profit from the years of effort put in by others?
My own position is clear: I began with nothing - truly, nothing - no parent or anyone to help me - and when I married, no one gave us any money for a house: but I bought my first home for £11,200 , 30 years ago, and from there on, by dint of sheer HARD WORK (do you people know what that is?) and by putting a huge amount of love, persistence and effort into our successive homes, we managed to buy our present home for £177,500, thirteen years ago.
A few months ago we decided to sell and emigrate, owing to being fed up with the get-something-for-nothing mentality of this country - and we sold our house for £650,000. We had to let those buyers go because of unrelated job problems, so then put the house back on the market. After 6 weeks we have sold again - but at only £575,000, way less than it is worth. And why? NOT BECAUSE PRICES HAVE REALLY, GENUINELY FALLEN THAT MUCH - factually, in our area of North London, the drop has been 0.4% - BUT BECAUSE OF THE PERCEPTIONS CAUSED BY PEOPLE LIKE YOU LOT!
Why do you so much resent people like us, who have made some money on our home? We are just working class people with no 'background' at all, but have worked hard - and may I ask, why should we not profit from our house, WHICH IS THE ONLY ASSET WE HAVE since our pensions are s**** and our investments are s**** thanks to this government!
Are you all people who are hoping to cash in on the hard work and persistence of others - because that's how it seems to me! Are you gleefully sitting back & waiting for huge price falls - which you have, in part, caused - so as to profit from the years of effort put in by others?
My own position is clear: I began with nothing - truly, nothing - no parent or anyone to help me - and when I married, no one gave us any money for a house: but I bought my first home for £11,200 , 30 years ago, and from there on, by dint of sheer HARD WORK (do you people know what that is?) and by putting a huge amount of love, persistence and effort into our successive homes, we managed to buy our present home for £177,500, thirteen years ago.
A few months ago we decided to sell and emigrate, owing to being fed up with the get-something-for-nothing mentality of this country - and we sold our house for £650,000. We had to let those buyers go because of unrelated job problems, so then put the house back on the market. After 6 weeks we have sold again - but at only £575,000, way less than it is worth. And why? NOT BECAUSE PRICES HAVE REALLY, GENUINELY FALLEN THAT MUCH - factually, in our area of North London, the drop has been 0.4% - BUT BECAUSE OF THE PERCEPTIONS CAUSED BY PEOPLE LIKE YOU LOT!
Why do you so much resent people like us, who have made some money on our home? We are just working class people with no 'background' at all, but have worked hard - and may I ask, why should we not profit from our house, WHICH IS THE ONLY ASSET WE HAVE since our pensions are s**** and our investments are s**** thanks to this government!
You've turned £177,500 into £575K in 13 years and you're having a go at the people on this site and you're jumping ship on the country that's helped you do that.
Spare a thought for the thousands of young people who cant afford a place to live, of the young couples and their families who are so over-stretched that they cant afford to live. Think of all the people who have been mis-sold investment and credit and dreams. Think of the people who will be stung by house prices dropping. Your a lucky lucky person. Personally, I think you sound a bit thick and should be happy with what you've got out of the housing boom. You're taking money out the pocket of everyone below you on the housing pyramid yet have the audacity to complain about and blame the people of this website who think the current situation is unfair and unsustainable.
Grow up you tw*t.
This person is obviously serious - which just goes to show how poisoned the country has become by HPI.
Still, at least it's annoying someone!
Still, at least it's annoying someone!
QUOTE (handel @ Mar 4 2008, 04:56 PM)
I have just joined and really want to know - what exactly is the motivation of you people? You seem to take a positive, gleeful joy in the prospect that there might be a house price crash - and, in fact, by your frothings and ravings, you actually encourage this and push it forward!
Are you all people who are hoping to cash in on the hard work and persistence of others - because that's how it seems to me! Are you gleefully sitting back & waiting for huge price falls - which you have, in part, caused - so as to profit from the years of effort put in by others?
My own position is clear: I began with nothing - truly, nothing - no parent or anyone to help me - and when I married, no one gave us any money for a house: but I bought my first home for £11,200 , 30 years ago, and from there on, by dint of sheer HARD WORK (do you people know what that is?) and by putting a huge amount of love, persistence and effort into our successive homes, we managed to buy our present home for £177,500, thirteen years ago.
A few months ago we decided to sell and emigrate, owing to being fed up with the get-something-for-nothing mentality of this country - and we sold our house for £650,000. We had to let those buyers go because of unrelated job problems, so then put the house back on the market. After 6 weeks we have sold again - but at only £575,000, way less than it is worth. And why? NOT BECAUSE PRICES HAVE REALLY, GENUINELY FALLEN THAT MUCH - factually, in our area of North London, the drop has been 0.4% - BUT BECAUSE OF THE PERCEPTIONS CAUSED BY PEOPLE LIKE YOU LOT!
Why do you so much resent people like us, who have made some money on our home? We are just working class people with no 'background' at all, but have worked hard - and may I ask, why should we not profit from our house, WHICH IS THE ONLY ASSET WE HAVE since our pensions are s**** and our investments are s**** thanks to this government!
Are you all people who are hoping to cash in on the hard work and persistence of others - because that's how it seems to me! Are you gleefully sitting back & waiting for huge price falls - which you have, in part, caused - so as to profit from the years of effort put in by others?
My own position is clear: I began with nothing - truly, nothing - no parent or anyone to help me - and when I married, no one gave us any money for a house: but I bought my first home for £11,200 , 30 years ago, and from there on, by dint of sheer HARD WORK (do you people know what that is?) and by putting a huge amount of love, persistence and effort into our successive homes, we managed to buy our present home for £177,500, thirteen years ago.
A few months ago we decided to sell and emigrate, owing to being fed up with the get-something-for-nothing mentality of this country - and we sold our house for £650,000. We had to let those buyers go because of unrelated job problems, so then put the house back on the market. After 6 weeks we have sold again - but at only £575,000, way less than it is worth. And why? NOT BECAUSE PRICES HAVE REALLY, GENUINELY FALLEN THAT MUCH - factually, in our area of North London, the drop has been 0.4% - BUT BECAUSE OF THE PERCEPTIONS CAUSED BY PEOPLE LIKE YOU LOT!
Why do you so much resent people like us, who have made some money on our home? We are just working class people with no 'background' at all, but have worked hard - and may I ask, why should we not profit from our house, WHICH IS THE ONLY ASSET WE HAVE since our pensions are s**** and our investments are s**** thanks to this government!
Tw*t.
Yes, I know ive already said that. I'm not happy about the "...CAUSED BY PEOPLE LIKE YOU LOT". He doesnt know me. I'd personally have taken his asset off him and given it to Prince Harry for being a jolly all round good sport and going off to defend Granny's empire.
QUOTE (handel @ Mar 4 2008, 04:56 PM)
owing to being fed up with the get-something-for-nothing mentality of this country - and we sold our [£177,500] house for £650,000
begging for it!
QUOTE (handel @ Mar 4 2008, 04:56 PM)
Why do you so much resent people like us, who have made some money on our home? We are just working class people with no 'background' at all, but have worked hard - and may I ask, why should we not profit from our house, WHICH IS THE ONLY ASSET WE HAVE since our pensions are s**** and our investments are s**** thanks to this government!
Why is it the only asset you have? If you've been working hard as you claim for so many years, you should have savings, stock market investments, ISAs, adequate pension provision etc. Maybe you were just lazy and assumed that you'd somehow just make 1/2 million on your home because that's how it is nowadays, innit? To me, given the standards of young people who are now getting into debt on a record scale to afford the basic things that people of your age-group took for granted, you are unbelievably privileged. You're not working-class. You are an over-privileged spoilt baby boomer who expects to get £500k (do you realise how much money that is?) tax-free just for being the age to have bought at a time when houses were affordable i.e. 3 x times one average person's income.
Everyone works hard. It's just your generation has had its expectations raised due to the economic blip that was the UK economy from 1980-2008. Now that easy money is finished and younger British people will be a lot worse off in future because of the greed of your money-grabbing generation who has sold off the assets of the country to foreigners, stipped it of natural resources, ruined its industrial base and all for the kind of get-rich-quick scheme you think you have a right to.
Good riddance to you if you're leaving - it's one less scrounger to pay for on the NHS and state pension.
Oh, to hell with reasoned responses.
QQ more, n00b!
QQ more, n00b!
Just a few points i'd like to add. You seem to resent the money culture of the uk but want the maximum for you own property. How do you square the first with the second? Also we don't resent those who genuinely bought their property for living purposes and have sold it or are selling. What we resent is the prices of housing which is not the same as resenting the buyers/sellers. And if you truly understood the extremely negative consequences that the extreme HPI we have had has had how can you not? This varies from pricing out ftbs, to making the land manufacturing businesses are on worth more than the businesses themselves (leading to closings), to increased immigration of UK PLC's skilled young individuals who see no prospect of house ownership, to driving up costs of UK PLC and resultant drop's in its competitiveness.
I take your word for it you have worked hard and deserved to build some equity in your house but the top £200k of your house price was gained through good fortune that you were able to be in the housing gain when prices rocketed.
If I'm being honest I feel a little guilt about wanting house prices to go down, slightly selfish. However, I also realise that the longer this goes on the less people who benefit and the more severe the inevitable bust becomes... so it's getting to the point of good intentions on our part - it really is.
If I'm being honest I feel a little guilt about wanting house prices to go down, slightly selfish. However, I also realise that the longer this goes on the less people who benefit and the more severe the inevitable bust becomes... so it's getting to the point of good intentions on our part - it really is.
well done on the hosue sale Handel.You is brite!Wish i could be like you.......cept less bitter. Where are you going.I hear property in Spain is the next big thing.
QUOTE (handel @ Mar 4 2008, 04:56 PM)
I have just joined and really want to know - what exactly is the motivation of you people?
Pure evil.
QUOTE (handel @ Mar 4 2008, 04:56 PM)
You seem to take a positive, gleeful joy in the prospect that there might be a house price crash - and, in fact, by your frothings and ravings, you actually encourage this and push it forward!
Ah, we've switched from being irrelevant nutters to scapegoats. Well that's progress I guess.
QUOTE (handel @ Mar 4 2008, 04:56 PM)
Are you all people who are hoping to cash in on the hard work and persistence of others
Hard work? HPI seems more like money for nothing (minus the cost of a couple of tins of magnolia paint).
QUOTE (handel @ Mar 4 2008, 04:56 PM)
My own position is clear: I began with nothing - truly, nothing - no parent or anyone to help me - and when I married, no one gave us any money for a house: but I bought my first home for £11,200 , 30 years ago, and from there on, by dint of sheer HARD WORK
QUOTE
BUT BECAUSE OF THE PERCEPTIONS CAUSED BY PEOPLE LIKE YOU LOT!
You're welcome.QUOTE
We are just working class people
Given that your house is worth 2 thirds of a million I am detecting a whiff of dog blanket about you.
So, adjusted for inflation, you paid £48,000 for your first home.
What would it cost a First Time Buyer today?
What would it cost a First Time Buyer today?
QUOTE (handel @ Mar 4 2008, 04:56 PM)
A few months ago we decided to sell and emigrate, owing to being fed up with the get-something-for-nothing mentality of this country - and we sold our house for £650,000. We had to let those buyers go because of unrelated job problems, so then put the house back on the market. After 6 weeks we have sold again - but at only £575,000, way less than it is worth. And why? NOT BECAUSE PRICES HAVE REALLY, GENUINELY FALLEN THAT MUCH - factually, in our area of North London, the drop has been 0.4% - BUT BECAUSE OF THE PERCEPTIONS CAUSED BY PEOPLE LIKE YOU LOT!
Why do you so much resent people like us, who have made some money on our home? We are just working class people with no 'background' at all, but have worked hard - and may I ask, why should we not profit from our house, WHICH IS THE ONLY ASSET WE HAVE since our pensions are s**** and our investments are s**** thanks to this government!
Why do you so much resent people like us, who have made some money on our home? We are just working class people with no 'background' at all, but have worked hard - and may I ask, why should we not profit from our house, WHICH IS THE ONLY ASSET WE HAVE since our pensions are s**** and our investments are s**** thanks to this government!
Half a million quid should see you in Werther's Originals and copies of the Daily Mail for a while.
And Radio 4 is free and should see you through until you have a stroke.
QUOTE (handel @ Mar 4 2008, 06:56 PM)
I have just joined and really want to know - what exactly is the motivation of you people? You seem to take a positive, gleeful joy in the prospect that there might be a house price crash - and, in fact, by your frothings and ravings, you actually encourage this and push it forward!
Are you all people who are hoping to cash in on the hard work and persistence of others - because that's how it seems to me! Are you gleefully sitting back & waiting for huge price falls - which you have, in part, caused - so as to profit from the years of effort put in by others?
My own position is clear: I began with nothing - truly, nothing - no parent or anyone to help me - and when I married, no one gave us any money for a house: but I bought my first home for £11,200 , 30 years ago, and from there on, by dint of sheer HARD WORK (do you people know what that is?) and by putting a huge amount of love, persistence and effort into our successive homes, we managed to buy our present home for £177,500, thirteen years ago.
A few months ago we decided to sell and emigrate, owing to being fed up with the get-something-for-nothing mentality of this country - and we sold our house for £650,000. We had to let those buyers go because of unrelated job problems, so then put the house back on the market. After 6 weeks we have sold again - but at only £575,000, way less than it is worth. And why? NOT BECAUSE PRICES HAVE REALLY, GENUINELY FALLEN THAT MUCH - factually, in our area of North London, the drop has been 0.4% - BUT BECAUSE OF THE PERCEPTIONS CAUSED BY PEOPLE LIKE YOU LOT!
Why do you so much resent people like us, who have made some money on our home? We are just working class people with no 'background' at all, but have worked hard - and may I ask, why should we not profit from our house, WHICH IS THE ONLY ASSET WE HAVE since our pensions are s**** and our investments are s**** thanks to this government!
Are you all people who are hoping to cash in on the hard work and persistence of others - because that's how it seems to me! Are you gleefully sitting back & waiting for huge price falls - which you have, in part, caused - so as to profit from the years of effort put in by others?
My own position is clear: I began with nothing - truly, nothing - no parent or anyone to help me - and when I married, no one gave us any money for a house: but I bought my first home for £11,200 , 30 years ago, and from there on, by dint of sheer HARD WORK (do you people know what that is?) and by putting a huge amount of love, persistence and effort into our successive homes, we managed to buy our present home for £177,500, thirteen years ago.
A few months ago we decided to sell and emigrate, owing to being fed up with the get-something-for-nothing mentality of this country - and we sold our house for £650,000. We had to let those buyers go because of unrelated job problems, so then put the house back on the market. After 6 weeks we have sold again - but at only £575,000, way less than it is worth. And why? NOT BECAUSE PRICES HAVE REALLY, GENUINELY FALLEN THAT MUCH - factually, in our area of North London, the drop has been 0.4% - BUT BECAUSE OF THE PERCEPTIONS CAUSED BY PEOPLE LIKE YOU LOT!
Why do you so much resent people like us, who have made some money on our home? We are just working class people with no 'background' at all, but have worked hard - and may I ask, why should we not profit from our house, WHICH IS THE ONLY ASSET WE HAVE since our pensions are s**** and our investments are s**** thanks to this government!
Congratulations! This is by far the most uneducated post on this forum to date.
It's a pity you didn't spend some of the past 30 years educating yourself on the functions of the banking and monetary system. It is this system alone that has allowed you to accumulate your wealth at the expense of successive generations over the same period.
Go away, read a book on the subject, re read your post, cringe with embarrassment and then count your lucky stars.
I have a chair I purchased in 1903 with 4d.
By sitting my **** upon it for 87 years, it is now worth £482.
I feel aggrieved.
By sitting my **** upon it for 87 years, it is now worth £482.
I feel aggrieved.
QUOTE (jdc @ Mar 4 2008, 06:01 PM)
So, adjusted for inflation, you paid £48,000 for your first home.
What would it cost a First Time Buyer today?
What would it cost a First Time Buyer today?
Well said!
I'm an true FTB. I wanted to buy a few years ago but didn't feel secure in my employment, so held off and then when I was in a better position............Could only afford a lean to in the Gaza strip.
2002 - Mate sells his 1 bed, No CH, back to back in South Leeds for £43K, now on rightmove they are £80K, thats simply stoopid. How is this sustainable?
And when it all goes wrong as it allways would......Guess that its down to "you people". ie - US!
Whilst I'm here I would admit to driving a white FIAT in a Parisian underpass a few years ago, I'd just watched "Ronin" and thought I'd have ago myself, I swear I only nudged their bumper, honest!.
Bart of Darkness - Great Post! - Thats quality.
I wonder if Mr Handel, will post again. I did so enjoy the Daily Mail Editorial.
QUOTE (handel @ Mar 4 2008, 04:56 PM)
so as to profit from the years of effort put in by others?
What effort? A lick of paint and a new kitchen?
t@sser
I think that old git's post is quite heartening. I'm sure I remember somebody on here saying that when the HPI tide turns we will become the target for abuse and blame. Sign of the times, I think, and just the first in what will be a long line of posts from disgruntled sellers who had to settle for 'less than their house is worth'. Heartening also that such an unpleasant gentleman who (presumably) will soon need treatment for his high blood pressure is leaving the country.
QUOTE (handel @ Mar 4 2008, 04:56 PM)
I have just joined and really want to know - what exactly is the motivation of you people? You seem to take a positive, gleeful joy in the prospect that there might be a house price crash - and, in fact, by your frothings and ravings, you actually encourage this and push it forward!
Are you all people who are hoping to cash in on the hard work and persistence of others - because that's how it seems to me! Are you gleefully sitting back & waiting for huge price falls - which you have, in part, caused - so as to profit from the years of effort put in by others?
My own position is clear: I began with nothing - truly, nothing - no parent or anyone to help me - and when I married, no one gave us any money for a house: but I bought my first home for £11,200 , 30 years ago, and from there on, by dint of sheer HARD WORK (do you people know what that is?) and by putting a huge amount of love, persistence and effort into our successive homes, we managed to buy our present home for £177,500, thirteen years ago.
A few months ago we decided to sell and emigrate, owing to being fed up with the get-something-for-nothing mentality of this country - and we sold our house for £650,000. We had to let those buyers go because of unrelated job problems, so then put the house back on the market. After 6 weeks we have sold again - but at only £575,000, way less than it is worth. And why? NOT BECAUSE PRICES HAVE REALLY, GENUINELY FALLEN THAT MUCH - factually, in our area of North London, the drop has been 0.4% - BUT BECAUSE OF THE PERCEPTIONS CAUSED BY PEOPLE LIKE YOU LOT!
Why do you so much resent people like us, who have made some money on our home? We are just working class people with no 'background' at all, but have worked hard - and may I ask, why should we not profit from our house, WHICH IS THE ONLY ASSET WE HAVE since our pensions are s**** and our investments are s**** thanks to this government!
Are you all people who are hoping to cash in on the hard work and persistence of others - because that's how it seems to me! Are you gleefully sitting back & waiting for huge price falls - which you have, in part, caused - so as to profit from the years of effort put in by others?
My own position is clear: I began with nothing - truly, nothing - no parent or anyone to help me - and when I married, no one gave us any money for a house: but I bought my first home for £11,200 , 30 years ago, and from there on, by dint of sheer HARD WORK (do you people know what that is?) and by putting a huge amount of love, persistence and effort into our successive homes, we managed to buy our present home for £177,500, thirteen years ago.
A few months ago we decided to sell and emigrate, owing to being fed up with the get-something-for-nothing mentality of this country - and we sold our house for £650,000. We had to let those buyers go because of unrelated job problems, so then put the house back on the market. After 6 weeks we have sold again - but at only £575,000, way less than it is worth. And why? NOT BECAUSE PRICES HAVE REALLY, GENUINELY FALLEN THAT MUCH - factually, in our area of North London, the drop has been 0.4% - BUT BECAUSE OF THE PERCEPTIONS CAUSED BY PEOPLE LIKE YOU LOT!
Why do you so much resent people like us, who have made some money on our home? We are just working class people with no 'background' at all, but have worked hard - and may I ask, why should we not profit from our house, WHICH IS THE ONLY ASSET WE HAVE since our pensions are s**** and our investments are s**** thanks to this government!
Handle,
Sorry for some of the insults thrown your way but what else did you expect? Many people on this site are just fed up of being lied to, can see through these lies and can see the damage it is doing in the long run. You talk of a get something for nothing mentality but have you ever sat back and asked why the average young person today can not be arsed? Because they have nothing to aspire to other than getting a shitty job paying piss poor wages simply to rent a house to pay for your generations retirement. I can see the apathy, the WTF attitude. Its too easy to look at the yoof of today and spout shite like 'it wasn't like this in my day' this isn't your day, it's theirs and what have they got to look forward to? You my friend will soon be in a box, and probably me not long after. Unfortunately they are the future.
I earn £45000 a year and have £15000 in savings, I have been in a position to buy a home for four or five years now. I have to work a 12 hour rotating shift pattern working nights, days and weekends supervising a team of operators on a pharmaceutical plant. I would not like to think of myself as a financial fool so would not consider a mortgage of more than 3.5x as in the long run it will cripple you. So what, around here, do I get for my 'hard work' ? A property for £170,000 and this is what it gets you http://www.rightmove.co.uk/viewdetails-194...=1&tr_t=buy now I could be wrong here but I think my salary would put me in the top 10% of earners in this country and my reward for that is a 2 bed flat.
Nobody here, I believe, wants to see a HPC purely to watch people suffer. I believe many, like myself, simply want a home that reflects our efforts in life, is it too much to ask for a garage and a garden?
At least have the decency to come back and defend you point of view or are you just another one of those shit and run merchants.
Damo
QUOTE (noddage @ Mar 4 2008, 06:46 PM)
I think that old git's post is quite heartening. I'm sure I remember somebody on here saying that when the HPI tide turns we will become the target for abuse and blame. Sign of the times, I think, and just the first in what will be a long line of posts from disgruntled sellers who had to settle for 'less than their house is worth'. Heartening also that such an unpleasant gentleman who (presumably) will soon need treatment for his high blood pressure is leaving the country.
"First they ignore you - Then laugh at you and hate you - Then they fight you - then you win”
Damo
QUOTE
'handel' date='Mar 4 2008, 04:56 PM'
My own position is clear: I began with nothing - truly, nothing - no parent or anyone to help me - and when I married, no one gave us any money for a house: but I bought my first home for £11,200 , 30 years ago, and from there on, by dint of sheer HARD WORK (do you people know what that is?) and by putting a huge amount of love, persistence and effort into our successive homes, we managed to buy our present home for £177,500, thirteen years ago.
My own position is clear: I began with nothing - truly, nothing - no parent or anyone to help me - and when I married, no one gave us any money for a house: but I bought my first home for £11,200 , 30 years ago, and from there on, by dint of sheer HARD WORK (do you people know what that is?) and by putting a huge amount of love, persistence and effort into our successive homes, we managed to buy our present home for £177,500, thirteen years ago.
Ohh what a coincidence... you bought both propertys just after previous crashes
In 1978 & 1995
I think Ill wait for the crashes just like you did
QUOTE (Crashman Begins @ Mar 4 2008, 06:50 PM)
Ohh what a coincidence... you bought both propertys just after previous crashes
In 1978 & 1995
I think Ill wait for the crashes just like you did
I think I'll do the same.
QUOTE
and from there on, by dint of sheer HARD WORK
Nothing to do with a worldwide credit/property bubble then? So your house has only increased in value due to improvements made to it, it's completely missed all the speculative HPI of the last 10 years? Must be a right sh1thole then.
QUOTE
QUOTE (handel @ Mar 4 2008, 04:56 PM)
Are you all people who are hoping to cash in on the hard work and persistence of others - because that's how it seems to me! Are you gleefully sitting back & waiting for huge price falls - which you have, in part, caused - so as to profit from the years of effort put in by others?
Are you all people who are hoping to cash in on the hard work and persistence of others - because that's how it seems to me! Are you gleefully sitting back & waiting for huge price falls - which you have, in part, caused - so as to profit from the years of effort put in by others?
Like you did
I'll ask you a question, could you afford to buy your house today?
I think everyone will know the answer to this one
loz
I think everyone will know the answer to this one
loz
Well spotted, Crashman!
QUOTE (yellerKat @ Mar 4 2008, 07:35 PM)
Well spotted, Crashman!
QUOTE
we decided to sell and emigrate
Bye........... send us a postcard when you get there
QUOTE
A few months ago we decided to sell and emigrate, owing to being fed up with the get-something-for-nothing mentality of this country - and we sold our house for £650,000. We had to let those buyers go because of unrelated job problems, so then put the house back on the market. After 6 weeks we have sold again - but at only £575,000, way less than it is worth. And why? NOT BECAUSE PRICES HAVE REALLY, GENUINELY FALLEN THAT MUCH - factually, in our area of North London, the drop has been 0.4% - BUT BECAUSE OF THE PERCEPTIONS CAUSED BY PEOPLE LIKE YOU LOT!
comeon, the guys a troll - well done
QUOTE (Si1 @ Mar 4 2008, 08:47 PM)
comeon, the guys a troll - well done
Agreed , but it's a very well thought out post though , ALSO i may be wrong but this joker has only the one posting , i always thought newbies had to do a few posts before they were allowed to start topics.
QUOTE
I have just joined and really want to know - what exactly is the motivation of you people? You seem to take a positive, gleeful joy in the prospect that there might be a house price crash - and, in fact, by your frothings and ravings, you actually encourage this and push it forward!
Are you all people who are hoping to cash in on the hard work and persistence of others - because that's how it seems to me! Are you gleefully sitting back & waiting for huge price falls - which you have, in part, caused - so as to profit from the years of effort put in by others?
My own position is clear: I began with nothing - truly, nothing - no parent or anyone to help me - and when I married, no one gave us any money for a house: but I bought my first home for £11,200 , 30 years ago, and from there on, by dint of sheer HARD WORK (do you people know what that is?) and by putting a huge amount of love, persistence and effort into our successive homes, we managed to buy our present home for £177,500, thirteen years ago.
A few months ago we decided to sell and emigrate, owing to being fed up with the get-something-for-nothing mentality of this country - and we sold our house for £650,000. We had to let those buyers go because of unrelated job problems, so then put the house back on the market. After 6 weeks we have sold again - but at only £575,000, way less than it is worth. And why? NOT BECAUSE PRICES HAVE REALLY, GENUINELY FALLEN THAT MUCH - factually, in our area of North London, the drop has been 0.4% - BUT BECAUSE OF THE PERCEPTIONS CAUSED BY PEOPLE LIKE YOU LOT!
Why do you so much resent people like us, who have made some money on our home? We are just working class people with no 'background' at all, but have worked hard - and may I ask, why should we not profit from our house, WHICH IS THE ONLY ASSET WE HAVE since our pensions are s**** and our investments are s**** thanks to this government!
Are you all people who are hoping to cash in on the hard work and persistence of others - because that's how it seems to me! Are you gleefully sitting back & waiting for huge price falls - which you have, in part, caused - so as to profit from the years of effort put in by others?
My own position is clear: I began with nothing - truly, nothing - no parent or anyone to help me - and when I married, no one gave us any money for a house: but I bought my first home for £11,200 , 30 years ago, and from there on, by dint of sheer HARD WORK (do you people know what that is?) and by putting a huge amount of love, persistence and effort into our successive homes, we managed to buy our present home for £177,500, thirteen years ago.
A few months ago we decided to sell and emigrate, owing to being fed up with the get-something-for-nothing mentality of this country - and we sold our house for £650,000. We had to let those buyers go because of unrelated job problems, so then put the house back on the market. After 6 weeks we have sold again - but at only £575,000, way less than it is worth. And why? NOT BECAUSE PRICES HAVE REALLY, GENUINELY FALLEN THAT MUCH - factually, in our area of North London, the drop has been 0.4% - BUT BECAUSE OF THE PERCEPTIONS CAUSED BY PEOPLE LIKE YOU LOT!
Why do you so much resent people like us, who have made some money on our home? We are just working class people with no 'background' at all, but have worked hard - and may I ask, why should we not profit from our house, WHICH IS THE ONLY ASSET WE HAVE since our pensions are s**** and our investments are s**** thanks to this government!
QUOTE
by dint of sheer HARD WORK (do you people know what that is?)
Yes. It's what I do for my employer during the day, and for my OU course in the evenings. All of which is just pissing in the wind if HPI increases at the levels that have been predicted. If HPI truly kept on going as the VI's predicted, I might as well give up, sign on and live off Incapacity Benefit, as right-to-buy will get me house of my own a bloody sight faster than working. Isn't that the attitude you're complaining about?
QUOTE
Are you all people who are hoping to cash in on the hard work and persistence of others
We're coming back to the work thing here. What you did (Sitting back and watching your home increase in value thanks to an unprecedented availability of easy credit and low interest rates) apparently = hard work. And doing what I do (work, save, scrimp and occasionally visit HPC to learn about the reasons I can barely afford 1/2 a crack den) is a shameless cash in. You've acquired hundreds of thousands of pounds for living in a house, and you're complaining it's not enough. I'll be having my pension and salary sucked dry for the next thirty years to pay for the hordes of feckless retired baby boomers, and I won't be able to buy a house this side of 35, and I'm the leech? Get stuffed.
QUOTE
NOT BECAUSE PRICES HAVE REALLY, GENUINELY FALLEN THAT MUCH - factually, in our area of North London, the drop has been 0.4%
You may want to look at how that figure was arrived at; I suspect different types of house sell better than others (i.e. yours)
QUOTE
Why do you so much resent people like us, who have made some money on our home?
Because you're making it at the expense of people like us.
[quote name='handel' date='Mar 4 2008, 04:56 PM' post='998446']
A few months ago we decided to sell and emigrate, owing to being fed up with the get-something-for-nothing mentality of this country - and we sold our house for £650,000. We had to let those buyers go because of unrelated job problems, so then put the house back on the market. After 6 weeks we have sold again - but at only £575,000, way less than it is worth. And why? NOT BECAUSE PRICES HAVE REALLY, GENUINELY FALLEN THAT MUCH - factually, in our area of North London, the drop has been 0.4% - BUT BECAUSE OF THE PERCEPTIONS CAUSED BY PEOPLE LIKE YOU LOT!
So Pops, you are saying that the price you got was 75k less because of people like us!!!! That is brilliant, proves that we are actually working hard.
Just have visions of you sitting in Spain/Oz complaining about the food and weather
I Don`t Belieeeeve it....
Why on earth if you have sold and doing one abroad, are you on this web-site........ Troll
A few months ago we decided to sell and emigrate, owing to being fed up with the get-something-for-nothing mentality of this country - and we sold our house for £650,000. We had to let those buyers go because of unrelated job problems, so then put the house back on the market. After 6 weeks we have sold again - but at only £575,000, way less than it is worth. And why? NOT BECAUSE PRICES HAVE REALLY, GENUINELY FALLEN THAT MUCH - factually, in our area of North London, the drop has been 0.4% - BUT BECAUSE OF THE PERCEPTIONS CAUSED BY PEOPLE LIKE YOU LOT!
So Pops, you are saying that the price you got was 75k less because of people like us!!!! That is brilliant, proves that we are actually working hard.
Just have visions of you sitting in Spain/Oz complaining about the food and weather
I Don`t Belieeeeve it....
Why on earth if you have sold and doing one abroad, are you on this web-site........ Troll
Hah hah, good troll, got loads of people going 
Is there a village missing it's idiot somewhere?
Man you're greedy Handel, and obviously upset that your vast profits that you think are some kind of god given right have been affected by an economic cycle.
Older you may be, but a lot to learn you still have.
Man you're greedy Handel, and obviously upset that your vast profits that you think are some kind of god given right have been affected by an economic cycle.
Older you may be, but a lot to learn you still have.
QUOTE (macfarlan @ Mar 4 2008, 10:23 PM)
Is there a village missing it's idiot somewhere?
Man you're greedy Handel, and obviously upset that your vast profits that you think are some kind of god given right have been affected by an economic cycle.
Older you may be, but a lot to learn you still have.
Man you're greedy Handel, and obviously upset that your vast profits that you think are some kind of god given right have been affected by an economic cycle.
Older you may be, but a lot to learn you still have.
75k off 650k?
That's more than 10%.
Ha ******ing ha
The only sad thing about this troll post that I can think of is that he actually sold and didn't use his equaty to become a miwwionaire.
Oh, and boshdadosh - I tried to PM you bit you don't have it enabled. Wanted to ask you about all those houses in claygate lane/southwood gardens.
QUOTE (bobthe~ @ Mar 4 2008, 10:33 PM)
Oh, and boshdadosh - I tried to PM you bit you don't have it enabled. Wanted to ask you about all those houses in claygate lane/southwood gardens.
Always wanted to know what PM was but was to damn proud to ask, tell me!! I want to be PM`d... What do I need to do?
QUOTE (bobthe~ @ Mar 4 2008, 10:33 PM)
Oh, and boshdadosh - I tried to PM you bit you don't have it enabled. Wanted to ask you about all those houses in claygate lane/southwood gardens.
Are we talking about the potential houses being built on the govt. land right next to claygate lane ? forced lots and lots of folk to bang some very nice houses onto the market all at the same time.
Reminds me of the old Harry Enfield character who used to taunt his long suffering sister and brother in law with the phrase, "we are considerably richer than yooou".
Just think we have a country full of these idiots, I believe it is called Spain. Hopefully they will get their reward when the Spanish reposess their McVilla's and kick them out.....and no, we don't want you back. Cheerio.
Just think we have a country full of these idiots, I believe it is called Spain. Hopefully they will get their reward when the Spanish reposess their McVilla's and kick them out.....and no, we don't want you back. Cheerio.
QUOTE (handel @ Mar 4 2008, 04:56 PM)
I have just joined and really want to know - what exactly is the motivation of you people? You seem to take a positive, gleeful joy in the prospect that there might be a house price crash - and, in fact, by your frothings and ravings, you actually encourage this and push it forward!
Are you all people who are hoping to cash in on the hard work and persistence of others - because that's how it seems to me! Are you gleefully sitting back & waiting for huge price falls - which you have, in part, caused - so as to profit from the years of effort put in by others?
My own position is clear: I began with nothing - truly, nothing - no parent or anyone to help me - and when I married, no one gave us any money for a house: but I bought my first home for £11,200 , 30 years ago, and from there on, by dint of sheer HARD WORK (do you people know what that is?) and by putting a huge amount of love, persistence and effort into our successive homes, we managed to buy our present home for £177,500, thirteen years ago.
A few months ago we decided to sell and emigrate, owing to being fed up with the get-something-for-nothing mentality of this country - and we sold our house for £650,000. We had to let those buyers go because of unrelated job problems, so then put the house back on the market. After 6 weeks we have sold again - but at only £575,000, way less than it is worth. And why? NOT BECAUSE PRICES HAVE REALLY, GENUINELY FALLEN THAT MUCH - factually, in our area of North London, the drop has been 0.4% - BUT BECAUSE OF THE PERCEPTIONS CAUSED BY PEOPLE LIKE YOU LOT!
Why do you so much resent people like us, who have made some money on our home? We are just working class people with no 'background' at all, but have worked hard - and may I ask, why should we not profit from our house, WHICH IS THE ONLY ASSET WE HAVE since our pensions are s**** and our investments are s**** thanks to this government!
Are you all people who are hoping to cash in on the hard work and persistence of others - because that's how it seems to me! Are you gleefully sitting back & waiting for huge price falls - which you have, in part, caused - so as to profit from the years of effort put in by others?
My own position is clear: I began with nothing - truly, nothing - no parent or anyone to help me - and when I married, no one gave us any money for a house: but I bought my first home for £11,200 , 30 years ago, and from there on, by dint of sheer HARD WORK (do you people know what that is?) and by putting a huge amount of love, persistence and effort into our successive homes, we managed to buy our present home for £177,500, thirteen years ago.
A few months ago we decided to sell and emigrate, owing to being fed up with the get-something-for-nothing mentality of this country - and we sold our house for £650,000. We had to let those buyers go because of unrelated job problems, so then put the house back on the market. After 6 weeks we have sold again - but at only £575,000, way less than it is worth. And why? NOT BECAUSE PRICES HAVE REALLY, GENUINELY FALLEN THAT MUCH - factually, in our area of North London, the drop has been 0.4% - BUT BECAUSE OF THE PERCEPTIONS CAUSED BY PEOPLE LIKE YOU LOT!
Why do you so much resent people like us, who have made some money on our home? We are just working class people with no 'background' at all, but have worked hard - and may I ask, why should we not profit from our house, WHICH IS THE ONLY ASSET WE HAVE since our pensions are s**** and our investments are s**** thanks to this government!
I don't want to sound overly harsh, but you sir, are a first class eejit.
I, for one, wouldn't move into a nice little village, walk into the local on my first day, overhear a few minutes of conversation and then proceed to pick a fight with the entire village, based on my ill-informed judgement. Which, in essence is what you've done by flouncing onto this forum with your amoeba-minded post.
A word of advice - go away, educate yourself a little bit about real economics, grow up, and then come back and have another go at making an intelligible post. Good luck.
QUOTE (SMAC67 @ Mar 4 2008, 11:58 PM)
Reminds me of the old Harry Enfield character who used to taunt his long suffering sister and brother in law with the phrase, "we are considerably richer than yooou".
Just think we have a country full of these idiots, I believe it is called Spain. Hopefully they will get their reward when the Spanish reposess their McVilla's and kick them out.....and no, we don't want you back. Cheerio.
Just think we have a country full of these idiots, I believe it is called Spain. Hopefully they will get their reward when the Spanish reposess their McVilla's and kick them out.....and no, we don't want you back. Cheerio.
Or better still, part-demolish them to make way for a new road and make them pay for the privilege
Well everyone - I am delighted if the crash has been caused by people like us, though some how I don't think so - but happy to take the credit.
Anyway I have taken much recent delight in making as many people as possible aware of the current crash and how deep the trough will be!
In response to property articles on the Times website, I have posted pessimistic comments. When I strike up a conversation with friends, family or colleagues I gently let them know that the property market is going to tank. Funnily enough most now agree - with the exception of estate agents friends (surely an oxymoronic phrase - though they were friends before they estate agents).
I urge everyone to do the same. People need to wake up, I am not worried about our impact on those who bought houses a few years and who might lose several hundred k of uncrystallized gains - my real concern is for FTBs and other young people who will find themselves in a life of debt servitude to a bank.
This debt servitude is bad for the economy, if you have to pay 2/3 of you take home on a mortgage, you can't afford to save, and you can't afford to buy as many goods and services which is how the real wealth of an economy is created.
ML
Anyway I have taken much recent delight in making as many people as possible aware of the current crash and how deep the trough will be!
In response to property articles on the Times website, I have posted pessimistic comments. When I strike up a conversation with friends, family or colleagues I gently let them know that the property market is going to tank. Funnily enough most now agree - with the exception of estate agents friends (surely an oxymoronic phrase - though they were friends before they estate agents).
I urge everyone to do the same. People need to wake up, I am not worried about our impact on those who bought houses a few years and who might lose several hundred k of uncrystallized gains - my real concern is for FTBs and other young people who will find themselves in a life of debt servitude to a bank.
This debt servitude is bad for the economy, if you have to pay 2/3 of you take home on a mortgage, you can't afford to save, and you can't afford to buy as many goods and services which is how the real wealth of an economy is created.
ML
Due to some bizzare Troll feedback loop, I find some of the comments in this thread laughable - thanks for making me smile this morning!
"Them's the breaks"
After all, we all like to feel part of something don't we? It's great to have a rally cry. O-BA-MA...
www.dailymail.co.uk is -> this way. Excellent work checking out you NI record is better than his btw - you must show me how to do that.
Very good. This has to be the interweb way of saying "Joey" in a silly voice. I remember this from primary school....oh...wait...
Please can we have this PM'd to all memebers? The internet is a wonderfull thing, but the amount some people claim to know sometimes is really quite funny.
At last - a proper post.
I am becoming more convinced that this place (i.e. this forum, anecdotals etc is fine) is filled with teenagers, conspiracy theorists and little girls. It really is like the Next sale. Oh the ironing....
Great spectator sport though!
Keep up the bitch fighting.
QUOTE
There are millions of people in this country who work hard and will never, never, even if they work for two lifetimes be able to afford a house worth £575000 (even if it is worth £650000).
"Them's the breaks"
QUOTE
I think there are people who delight in seeing HPs crash, and why not?
After all, we all like to feel part of something don't we? It's great to have a rally cry. O-BA-MA...
QUOTE
Good riddance to you if you're leaving - it's one less scrounger to pay for on the NHS and state pension.
www.dailymail.co.uk is -> this way. Excellent work checking out you NI record is better than his btw - you must show me how to do that.
QUOTE
well done on the hosue sale Handel.You is brite!Wish i could be like you.......cept less bitter. Where are you going.I hear property in Spain is the next big thing.
Very good. This has to be the interweb way of saying "Joey" in a silly voice. I remember this from primary school....oh...wait...
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A word of advice - go away, educate yourself a little bit about real economics
Please can we have this PM'd to all memebers? The internet is a wonderfull thing, but the amount some people claim to know sometimes is really quite funny.
QUOTE
Sorry for some of the insults thrown your way but what else did you expect? Many people on this site are just fed up of being lied to, can see through these lies and can see the damage it is doing in the long run. You talk of a get something for nothing mentality but have you ever sat back and asked why the average young person today can not be arsed? Because they have nothing to aspire to other than getting a shitty job paying piss poor wages simply to rent a house to pay for your generations retirement. I can see the apathy, the WTF attitude. Its too easy to look at the yoof of today and spout shite like 'it wasn't like this in my day' this isn't your day, it's theirs and what have they got to look forward to? You my friend will soon be in a box, and probably me not long after. Unfortunately they are the future.
I earn £45000 a year and have £15000 in savings, I have been in a position to buy a home for four or five years now. I have to work a 12 hour rotating shift pattern working nights, days and weekends supervising a team of operators on a pharmaceutical plant. I would not like to think of myself as a financial fool so would not consider a mortgage of more than 3.5x as in the long run it will cripple you. So what, around here, do I get for my 'hard work' ? A property for £170,000 and this is what it gets you http://www.rightmove.co.uk/viewdetails-194...=1&tr_t=buy now I could be wrong here but I think my salary would put me in the top 10% of earners in this country and my reward for that is a 2 bed flat.
Nobody here, I believe, wants to see a HPC purely to watch people suffer. I believe many, like myself, simply want a home that reflects our efforts in life, is it too much to ask for a garage and a garden?
At least have the decency to come back and defend you point of view or are you just another one of those shit and run merchants.
Damo
I earn £45000 a year and have £15000 in savings, I have been in a position to buy a home for four or five years now. I have to work a 12 hour rotating shift pattern working nights, days and weekends supervising a team of operators on a pharmaceutical plant. I would not like to think of myself as a financial fool so would not consider a mortgage of more than 3.5x as in the long run it will cripple you. So what, around here, do I get for my 'hard work' ? A property for £170,000 and this is what it gets you http://www.rightmove.co.uk/viewdetails-194...=1&tr_t=buy now I could be wrong here but I think my salary would put me in the top 10% of earners in this country and my reward for that is a 2 bed flat.
Nobody here, I believe, wants to see a HPC purely to watch people suffer. I believe many, like myself, simply want a home that reflects our efforts in life, is it too much to ask for a garage and a garden?
At least have the decency to come back and defend you point of view or are you just another one of those shit and run merchants.
Damo
At last - a proper post.
I am becoming more convinced that this place (i.e. this forum, anecdotals etc is fine) is filled with teenagers, conspiracy theorists and little girls. It really is like the Next sale. Oh the ironing....
Great spectator sport though!
Keep up the bitch fighting.
Cheers HG, quite like some of the CT stuff though it does sometimes give me nightmares.
Damo
Damo
QUOTE (herbert_goon @ Mar 5 2008, 08:31 AM)
Due to some bizzare Troll feedback loop, I find some of the comments in this thread laughable - thanks for making me smile this morning!
"Them's the breaks"
After all, we all like to feel part of something don't we? It's great to have a rally cry. O-BA-MA...
www.dailymail.co.uk is -> this way. Excellent work checking out you NI record is better than his btw - you must show me how to do that.
Very good. This has to be the interweb way of saying "Joey" in a silly voice. I remember this from primary school....oh...wait...
Please can we have this PM'd to all memebers? The internet is a wonderfull thing, but the amount some people claim to know sometimes is really quite funny.
At last - a proper post.
I am becoming more convinced that this place (i.e. this forum, anecdotals etc is fine) is filled with teenagers, conspiracy theorists and little girls. It really is like the Next sale. Oh the ironing....
Great spectator sport though!
Keep up the bitch fighting.
"Them's the breaks"
After all, we all like to feel part of something don't we? It's great to have a rally cry. O-BA-MA...
www.dailymail.co.uk is -> this way. Excellent work checking out you NI record is better than his btw - you must show me how to do that.
Very good. This has to be the interweb way of saying "Joey" in a silly voice. I remember this from primary school....oh...wait...
Please can we have this PM'd to all memebers? The internet is a wonderfull thing, but the amount some people claim to know sometimes is really quite funny.
At last - a proper post.
I am becoming more convinced that this place (i.e. this forum, anecdotals etc is fine) is filled with teenagers, conspiracy theorists and little girls. It really is like the Next sale. Oh the ironing....
Great spectator sport though!
Keep up the bitch fighting.
Don't you worry bitch, we will
QUOTE (handel @ Mar 4 2008, 04:56 PM)
I have just joined and really want to know - what exactly is the motivation of you people? You seem to take a positive, gleeful joy in the prospect that there might be a house but at only £575,000, way less than it is worth.
Why did you sell your house for less than it's worth? Isn't that a bit silly?
Actually a lot of the people using this site already own property and have plenty of equity in it.
From my own perspective I would like to see property return to an affordable level so that my children and nephews and neices can one day afford to own their own home.
The rises seen over the last ten years are clearly neither equitable or sustainable ( see the graphs on this site ) for future generations. I for one, am happy to lose some of my theoretical worth on paper so that people younger than myself can enjoy owning their own home - something that people of my, and your, age took for granted.
You should be ashamed of yourself for being so selfish.
From my own perspective I would like to see property return to an affordable level so that my children and nephews and neices can one day afford to own their own home.
The rises seen over the last ten years are clearly neither equitable or sustainable ( see the graphs on this site ) for future generations. I for one, am happy to lose some of my theoretical worth on paper so that people younger than myself can enjoy owning their own home - something that people of my, and your, age took for granted.
You should be ashamed of yourself for being so selfish.
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