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House Price Crash Forum


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About Downtraded

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    HPC Regular
  1. Eric, please repeat until you understand and do something about it ........... "If I'm so smart, how come I ain't rich?"
  2. Thats interesting - Lets say that IR increases in 4 years time with inflation and continues to do so. In ten years, People will probably look back on what you've done and wonder why they didn't do the same when they has the chance. i.e. they "missed the boat" of low IR. In the end, its not about winning or losing - its about doing the best you can
  3. Read an article on the front page http://www.moneyweek.com/blog/there-are-fewer-homes-for-sale-in-britain-than-you-think-12901 It got me thinking about when someone should buy. Its not only about location (London, suburbs) If you exclude London.... If you have 100% funds, then the ideal time to buy is when you see a fire sale of properties - Sellers racing to the bottom to get shot of their property and you buy in November (IR gone up perhaps - unemployment rife). The question is when will that happen? it might not! However, if all you have is a 20% deposit, the timing above is not correc
  4. What do you want then? The problem you face is not HPI - its your depressed view on things. Start today - Here's your list of priorities 1) Money - Get out of all debt - Build up ISA tax free savings every year (never spend it) 2) Health (to stop your depressive thoughts) - Regular exercise - Stop drinking (and anything else) for a month. 3) Work - Stop working hard (get home early every night) 4) Get a hobby / interest 5) Forget about trying to get a girl/boyfriend - they will come to you if you're interesting enough 6) Move out of your parent's house - you pathetic mummy's boy.
  5. I'm going to say this because its for your own good. STOP BEING SUCH A LOSER. So many excuses and "woe is me". Not only is it sickening, its pathetic - stop taking the weekend drugs and GROW UP. TBH when I read that you lost money on shares, I laughed at your greedy "I'm a businessman" stupidity. IMO, serves you right for trying to "get rich quick" Who cares anyway if you lost a bit of money - its not a big deal - Stop thinking its the end of the world - you've still got 2 eyes,legs, hands etc? Anyway, If your life is such an average F*kup, why not grow some balls and DO SOMETHING ELSE
  6. There's loads of different boats coming and going all the time. Its not all doom and gloom
  7. In London, during the 80s, people were renting single rooms in one house, and it cost a fortune. Dining room, lounge, study as well as all the bedrooms being filled. If anything, its easier today than it was then. It has always been the same thing - get on the housing ladder as early as you can and stick with it until its paid off. Everyone else is doing that, so you have to. Welcome to the treadmill
  8. Whatever you say captain! Meanwhile, get back to work to pay for my retirement and pension. Whatever happens to the 50/60 generation will be much better than what happens to you in old age.........
  9. I think you're looking at it the wrong way round. 7/8 of housing stock is currently OK. It was 1 in 10 last time that had neg equity - that situation endured fine for a 10 years. What's so different now? Sure the IR is lower today - but the same thing will repeat - it always does. The difference today is that current home owners are starting to pay less in a mortgage than the equivalent rent. If the same thing happens again - thats 10 years of low IR and then 15 more years before the house is fully paid for.....
  10. That not what I'm trying to say. Everyone has the right to buy or not to buy, to negotiate or not. The morality part for me is the extra step where you wish harm on others for no other reason than for your personal profit. That kind of thinking eats at the soul and no good can become of it. Put it this way, wishing ill generally of "Home owners" is not the same as finding out about the personal circumstances of a particular home owner and driving a hard bargain. Whilst the first one I personally despise, because of the lameness of approach, the second one, I think nothing more than the bu
  11. The only part that could be indecent was the wishing for a crash to get worse so that you have personal gain. However, if you recognise that, you're well on your way to both sorts of riches IMO. Its dificult to explain rationally, but the common trait of all the rich people I know, is that they have a personal vision of what they are trying to do in life. Each one doesn't sit around "waiting for a crash". Not only that, I've found that if you do what you think is morally "right" - even if it currently doesn't seem in your best interests (i.e. moving/renting/selling/buying for your family
  12. OK, you think you can "sit back" and all will come to you? Its a different thing to track HPC news than to actually buy a house you want to live in. When you say you've "stopped bothering". Why is that? What makes you think it will be different in 6 months time? IMO, the best houses are ones that rarely come up for sale, because people enjoy living there too much. Also, the houses considered desirable by most, almost always sell for more than you think they should. Like anything in life, If you're serious about something, don't mess about if you find it. If you're going to do something,
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