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mjn

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About mjn

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  1. Do we need a new political party called the cheaper housing party lol that built and sold housing at 50 percent cheaper than the average housing price but then that would crash other house prices that were sold before putting millions into negative equity how can we solve this problem
  2. I'm in 2 minds weather to buy a house I've been waiting too long for a proper housing crash and it doesn't seem to happen. I can see it I will buy a house and within a year they would crash 50 percent or I could chose to sit on the fence and they would increase 50 percent. Then there's my age every year waiting for the crash is one year of wasted life. I feel sorry for all the other ftb in the same situation
  3. The date is 8th May 2019 and again I'm reading headlines that I don't want to see house prices rise. They show biggest jump in 2 years for April when is this going to end I'm getting fed up now nothing seems to be able to derail house prices
  4. Yeah I hope that is the case. But with this summer sunshine that we have had the last couple of days will this have a effect on the spring bounce meaning giving the housing market a extra spring in it's step or is the spring bounce dead in the water. Because this housing market cannot have much fuel left in it's tank now. Still the BOE will come to it's rescue but the early 1990s crash played fully out
  5. House prices up up up up up but what happens if it's down down down down down surely the banks won't go bust just because of that. But so much money has gone into the housing market we are now stuck and the economy will always rely on house prices I will take your word for it I will try and do a better job at watching the market then I did in 2007, 2008. I suppose Australia is a example. One last thing I'm not a leftist when wanting cheaper housing for FTB,ERS HTB does not help FTB, ERS And if you're buying you're second home and selling your first home you're second home which is usually more expensive that house is more expensive too when there's a lot of house price inflation around
  6. Fed up of the corruption normal people need to get even with these money people up the top I don't mean middle class I mean higher than that but no violence
  7. I will take your word for it I will try and do a better job at watching the market then I did in 2007, 2008. I suppose Australia is a example. One last thing I'm not a leftist when wanting cheaper housing for FTB,ERS HTB does not help FTB, ERS And if you're buying you're second home and selling your first home you're second home which is usually more expensive that house is more expensive too when there's a lot of house price inflation around
  8. Can anyone predict the next property crash in the UK or are property crashes non existent now because we have found away to control them and prices will go up for ever and ever. Waiting to buy lol still living with parents in mid 40s I don't want to buy at the top of a market I agree 👍 how did it come to this capitalism gone wrong???
  9. One last thing don't let Londons sky-high property prices ripple out across the UK. Then again maybe the ripple effect cannot be stopped
  10. The middle class are angry because housing is becoming more unaffordable for them in more and more areas outside of London and the South East
  11. I agree 👍 when did a house look like a atm how did we end up like this capitalism gone wrong???
  12. One last thing I was not very good at spotting the bottom of that 2008 crash thinking that it was going to go all the way to a least 1999 prices what was I thinking lol which would have been 70k in my area for a 3bedroom house back then
  13. Continued.because I write at such length on this topic the message becomes to long to send and gets lost in the digital world so I will carry on. when we had the 2008 crash the BOE and the government in power would say we have to protect previous first time buyers from negative equity when really they are looking after there vested interests and the BOE had to use QE to save the banks so the 2008 crash didn't play out fully like the early 1990s and governments have more levers to use if house prices crash . I thought it would have been worser then the 90s crash but it got stopped in it's tracks. I am not getting any younger either so I have to watch my age has well has my money and one last word don't lose hope it cannot be a sellers market forever
  14. Yes it seems like a sellers market all the time never a buyer's market I'm the same I could afford a property tomorrow but don't want to buy at the top of the market I'm not a btl investor just want it has a place to live but you would not buy if you knew house prices were going to fall in 6 to 12 months time. I messed up in the 2008 crash because I didn't watch the peak to trough play out properly when prices hit the peak in 2007 I didn't look at the prices in my local city suburb so could not tell how far prices had fallen it seemed they only fell 10k when they may had fallen 40k so I've got to play out the whole cycle again. To be continued
  15. Don't lose hope I have been trying to get a long blog to you but it has not been registering may be because I've been talking in detail about the 2008 and early 90s crash it might get to you later
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