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House Price Crash Forum

Now or never

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Everything posted by Now or never

  1. Wouldn't worry about it, they're not going to sell anyway!
  2. I'm seeing loads of EAs promoting property owners to lease and give up trying to sell, so short sighted, just going to push rents down. Not long overdue though, some of the requested rents are absolutley ridiculous! Can only see the problem get better for all us tenants when employment figures continue with their decline.
  3. The problem is, no matter what system is put in place there will always be the same people who play the system to their advantage. Mr good old honest single tax paying male won't know how to play the system and would therfore be pushed to the back of the queue when personal circumstances take a turn for the worst. If tax contributions were taken into account when housing allocations are considered; that would at least house those who deserved to be in a moral way. Instead the state choose to house those who never have and never will contribute and leave those who have and will to deteriorate in the streets of britain. I appreciate most circumstances are genuine and people find themselves in a position where they require state benefits, but at least give priority to people with equal circumstances who have contributed into the system. This is, of course wishful thinking, there is no moral justice in this country.
  4. lol, many a sunshine down there, plays havoc with the solar system!
  5. The weather's not too bad down here on the south coast I drove to Scotland last week, weather was dire during the drive, but as soon as I returned to the south coast there was nothing but blue skies. Don't get me wrong, it hasn't been a great summer, but I wouldn't live anywhere else in Britain because of it! Anyway, house transactions are still shight tho!
  6. Does it really matter what prices are at the moment? The fact of the matter is that nothing is selling, so these prices mean absolutley nothing unless you're stupid enough to buy, and I think you'll find these type of people can no longer get a mortgage, hence the situation we find at the moment. I've just been visiting friends who are moving to Dubai in two weeks; been trying to sell their house for the last 6 months with not one viewing, so they've decided to rent. Lovely house, put on with letting agent to cover mortgage and was let within a week. Anyway, they still believe the price will only go up and as long as the mortgage is covered they're not bothered as the house has more than doubled in price since bought. I didn't bother going into what will happen or is happening to the market, but the fact that they still believe the price will go up even though they didn't get a viewing let alone an offer just goes to show people's mentalility when it comes to the housing market. I really couldn't believe what I was hearing.
  7. Totally agree with this post. What I dont understand is why so much effort is concentrated on speed rather than using the same kind of technology to track a regular pattern of uninsured, unlicensed, untaxed vehicles/drivers; thinking about it, maybe I do understand as the only people who would benefit from such a system would be the law abiding driver! Even the criminal driver pays taxes in the form of fuel, so we need to keep them on the road I suppose, dont we Gordon?
  8. My parents have an eight bedroom house on the south coast, we were brought up there and they worked hard to buy it, why should they give up their well earnt lifestyle to bank money that will last longer than them?
  9. Apologies for the non-post earlier! With regards to this post, this is so true, me and my partner were talking about this earlier (funny how that happens); there are so many obvious factors that need addressing yet our government concentrate on the politically correct bullshiit. I so wish for a candiidate to tell us how it is and that it will take 10 years to sort this shiit out with policies that start within our communities rather than those concerned about the world. I believe home is always the best place to start, and once in order we can venture outside. So thuckin frustrating!
  10. Totally agree with this one, unless you actually enjoy gardening, and i can understand it being rewarding, but seeing so many credit crunch related topics on the TV pushing this idea I don't see the saving personally. We bought a bread maker a few weeks ago, managed to pick up a cheap Murphy Richards one which doesn't leave the paddle up; bread now costing us 55p a loaf (Tesco's pre-mixed) but have seen Hovis mix for 35p in Asda but i dont like wholemeal. Makes great sandwiches and the kids love it with soup, no hassle to make, just pour mix in with water and press the start button - fresh bread in 3 hours!
  11. Couldn't give a fuk if this takes me down, as long it takes the HPI creators with me. I'm luving this, rub myself all over in house price crash cream everyday! There's ample of it and comes easier every day
  12. Personally I think ebay is going to get hit hard during the recession, not because of lack of buyers but because of fraudulent sellers with nothing to sell, fake listings which all end approximately the same time with no paypal payment accepted; that kind of thing. Lets face it, ebay dont actually give a sh1t about the poor buyer, so a seller with nothing to sell has nothing to lose. When buyers start losing confidence with the system then sales will fall of a cliff, and when the word spreads during a recession, nobody will be handing over money until they can feel the goods. bye, bye ebay.
  13. I've always believed there was something wrong with the housing market when I was unable to purchase a house from my uncle at a discounted price in 2003 yet those around me were buying more expensive properties on a lesser income; the outcome of it all was that I was being honest! Anyway I stumbled across this site early this year and since have become a daily logger (no jokes please!). I'm an engineer and have had no real interest in economics, well not until now; since joining this site I've learnt so much and find it so fascinating that I would now like to self educate. I was wondering if anybody could kindly advise a good starting point or reference any books that could be easily digested by a beginner?
  14. I'm currently renting and I get the feeling it isn't a renter's market at the moment. Personally I think rents will not drop in line with house price falls, not until houses actually become affordable for FTBs at which point rents will fall of a cliff. I believe the crash is happening too quickly for rents to have a relation to house price falls and that too many potential buyers will be sitting it out in rented properties keeping rents up and supply down, it's a bit of a catch 22 sitaution and unfortunatley us long time renters will have to continue to pay current rates until this crash is done. But saying all this, a factor which will force rents down will be the economic slowdown we are starting to see, when people are forced out of rented property for non payments due to redundancy, high living costs, debts, etc., there will be in increase in supply with less demand. I think the latter will happen before the crash is done and therefore expect to see drops towards the end of the year.
  15. Does this mean I'm more likely to understand conversations on public transport now?
  16. I'll be voting if they're Krispy Kreme, now that would definately get the recession kick started!
  17. Media driven? They're the last to hype HPC, they're just getting it now! Winds me up when people start blaming the media for HPC or when people say we can talk ourselves into a recession; talk is just talk, open your eyes, look around and then make up your own mind. btw, cannot be arzed to comment on your point of view.
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