YoungFTB

hehe I was gonna go for 300 I'll go for 328

It's very possible that we are going to end up in a depression, if we do then anyone who has any debt whether than be credit card debt or a mortgage or BTL investment property etc is screwed. If we end up in a depression house prices will be the least of our worries.

Could you please post some sources to this estimated $500 Trillion you claim they are worth? Because I can't find any such information. For example, what assets do they own?

Alternatively if they keep cutting interest rates to zero then we may have a currency crisis and end up like Iceland. IMO it really doesn't matter what is done at this point, we are all f*cked!

Withdraw it ALL from the bank and put it in a safe Best form of protest we have imo At 2% is it even worth the risk of keeping your money in a bank?

Congrats and well done Bosh, I'm really happy for you!

Well it also looks like the government is going to back the Interest Payment Deferral Scheme This post is from another thread but is very interesting imo Excellent post imo because I don't believe that low interest rates and an Interest Payment Deferral Scheme will be enough to save a lot of the unemployed from repossession. The personal debt is out of control! Personal debt soars in the UK - 3 December 2008 http://news.bbc.co.uk/newsbeat/hi/the_p_wo...000/7762165.stm U.K. Banks Hit by Consumer Defaults - 3 December 2008 http://online.wsj.com/article/SB1228256790...=googlenews_wsj

Interesting stuff! Welcome to the forum broken

Outside toilet, ah right. This stuff is well before my time, I'm in my early 20s

What's a WC?

Cheers Joe It's a good price for a FTBer but I agree that it probably needs completely renovated. I'd love it if I could find a house that needs completely renovated in the area I want to live in.

Dammit! I was so so close!

Any idea what that area is like to live in? It's the right price, wrong location for me personally otherwise I'd have a look at it

For this area I think the 30 - 40K mark is about right

640

Good luck with the move Sogy!

hahaha! Classic

I think everyone involved needs to calm down, relax and stop the heated exchanges. I am not taking sides, I am just stating the bleeding obvious!

Yep total scumbags! I welcome the day they go out of business

I like you but you really need to grow up! When a bullish poster starts posting on this forum you have to start attacking that individual and then the personal insults start. Why can't you just leave them alone to have their opinion or simply reply "welcome to the forum" By insulting people you are already starting on the wrong foot and it rubs new people the wrong way. From the moment you started this thread I knew you wanted them both banned which I completely disagree with. If they are banned it'll be like the Singing Pig forum in 06/07 when the bears from HPC got banned for posting alterative opinions about the impending house price crash. Then why did you feel the need to go into the threads and reply to them? You could have just ignored the threads This sadly sums up the problem imo, there are many posters here who need to be right at all cost. You can't just let someone have a different opinion and leave it at that.

LOL come on man that's bull shit, there are no arguments worth making. Stay out of property until at least the end of 2009, that's really the only thing new readers need to know and they can read older threads to learn everything they want to know about the NI property market. Every discussion with bulls has been done to death over the past year, it does not need to be played out again because we are seeing the crash played out infront of our eyes much faster than any of us could have hoped for 1 year ago. I really wouldn't be surprised if it's just 2 estate agents who are bored and shit stiring for a laugh. Sadly a lot of you fell for it hook, line and sinker I apologize for calling you guys idiots, I'm just annoyed that you've all fallen for this crap.

Very mature

It's been a constant exchange of childish insults and heated debates discussing absolutely nothing of any real significance.

I don't believe you guys! Seriously! I'm talking about all the regular posters of this sub forum. We have had 2 bulls register on this forum in the past 2 weeks and you idiots (yes the regular posters) couldn't help yourselves, you just had to take their bait and start replying to their pointless posts. It clearly wasn't enought that we have been correct all along, property prices are down 30% already and we'll all be able to buy an affordable property within the next 2 years. You had to let them get under your skin and piss you off when you should have just ignored them. One of the new posters is clearly a troll who enjoys annoying you all with their boasts about how well their investments are doing and uses many antagonizing one liners. The other is a property investor who was always going to be hated by at least 90% of the people who post here because they helped push the property prices beyond our reach in the first place. This image describes the past week on this forum All you had to do was ignore them, if you had of ignored them from the start their threads would have died and moved off the main page within a day and we would not have half a dozen pointless threads on the first page of this forum about property investments that interest practically none of us who post here.

Interesting, I didn't know they where an American-owned company