I lurked on this website quite a lot in 2004 and I am glad I didn't STR then. Although it was obvious there would be a HPC it wasn't obvious then when it would be. Eventually STR in July this year at our Nov 2006 valuation. I am guessing that very few people timed here it exactly right...... and those that did are allowed to gloat!!!!!
Me gloat, no never, but STR in Jan 08.
What made us sell up? I had total confidence in THE 'sick', cult website, HPC
, how come we became more EXPERT about the approaching doom than Phil and Krusty, etc? Them experts, certainly not in property! Bullsh*t yes, property no.
How are they still commissioned as experts when they were so wrong? yet the majority of fellow enthusiasts of this site could quite clearly see where the country was heading.
It now appears that the sensible, thrifty citizens of this country will have to pay for the greedy must haves, who lived beyond there means.
We are retired, one SMALL pension and only our savings to live on (not yet 65), now that flash Gordon has reduced interest rates we like many others will have to do the unthinkable, seek out employment.
The only winners with flash Gordon appear to be the scroungers and chaves, those that have never worked in there lives, where we have worked and paid our stealth (hip, flights, insurance, vat, etc) and income taxes, NI etc, what do we get?
We get to go back to work and watch the scrougers/workshy spend our taxes on there cigs, drink, rent and rates, etc.
I like many others did some military service after leaving school, the workshy should be made to clean the streats, do gardening for the elderly or some form of national service, we never got 'something for nothing' nor expected it.
NO, I am not some right wing activist, I am an ex labour voter who is finding it difficult to ever consider voting again.
Future, I don't see a future for hard working families and individuals.