Housing - Why Bother

[the-sign-jacker]

im not so sure if i even want to buy a house anymore. its all too complicated. too heavy.

all i wanted was simple, affordable 2 bed terrace perhaps with a fire and some undiscovered real floorboards.

i didnt want a speculator doing that for me and charging an extra 60%.

i dont feel like getting up and working for that.

im begining to feel id be better renting, while taking financial advantage of all this chaos.

when things get bad, i wont be committed to this and will be free to leave.

at the rate things are going it will be 10 years before things like prices, rates, employment and lending will be back to what id call normal. and even then, they will just start the madness again. this site has made me realise that the country is nothing but a population of speculators and parasitic governments and image mad me first populace. almost everything over the last 5 years has been a lie and a fraud. spin, whitewash and dodgy back room deals that are ALL collapsing.

i feel like im just financial livestock to be farmed and im starting to feel id rather leave them to it. ill have to rent for another 10 years, but in the end, ill have the cash they so desperately want and ill not really be in the mood to part with it. its become too late. too hard and not worth jumping through incredibly stressful hoops just to get a tiny place to call my own home, in what can only be described as a dull, backwater, poverty ridden northern grey dank milltown.

ive been renting now for 9 years. what am i supposed to do. wait another 9, then sign up for this rubbish. at any rate, the depth of problems, both financial and social are beginning to look so severe, i think staying well clear of this mess of a country probably wiser than attempting to be a part of the generational rip off pyramid thats set up in place of a real economic model. were simply not free people. were manipulated people. manipulated for votes and space in a land thats only 7% populated and 80% of the wealth is held by 1% of the population.

to expect any real change is just lining myself up for a false dawn. there will be no relief from this relentless markup of my earnings by others. there wont be any pensions, any help for me when im old. just schemes to rip me off, take what i have or to ID me in case im a 'terrorist'.

if impossible debt and paranoia over its own people is all this country has to offer, well, there are better places to go.

this country will never change.

[quad]

im not so sure if i even want to buy a house anymore. its all too complicated. too heavy.

all i wanted was simple, affordable 2 bed terrace perhaps with a fire and some undiscovered real floorboards.

i didnt want a speculator doing that for me and charging an extra 60%.

i dont feel like getting up and working for that.

im begining to feel id be better renting, while taking financial advantage of all this chaos.

when things get bad, i wont be committed to this and will be free to leave.

at the rate things are going it will be 10 years before things like prices, rates, employment and lending will be back to what id call normal. and even then, they will just start the madness again. this site has made me realise that the country is nothing but a population of speculators and parasitic governments and image mad me first populace. almost everything over the last 5 years has been a lie and a fraud. spin, whitewash and dodgy back room deals that are ALL collapsing.

i feel like im just financial livestock to be farmed and im starting to feel id rather leave them to it. ill have to rent for another 10 years, but in the end, ill have the cash they so desperately want and ill not really be in the mood to part with it. its become too late. too hard and not worth jumping through incredibly stressful hoops just to get a tiny place to call my own home, in what can only be described as a dull, backwater, poverty ridden northern grey dank milltown.

ive been renting now for 9 years. what am i supposed to do. wait another 9, then sign up for this rubbish. at any rate, the depth of problems, both financial and social are beginning to look so severe, i think staying well clear of this mess of a country probably wiser than attempting to be a part of the generational rip off pyramid thats set up in place of a real economic model. were simply not free people. were manipulated people. manipulated for votes and space in a land thats only 7% populated and 80% of the wealth is held by 1% of the population.

to expect any real change is just lining myself up for a false dawn. there will be no relief from this relentless markup of my earnings by others. there wont be any pensions, any help for me when im old. just schemes to rip me off, take what i have or to ID me in case im a 'terrorist'.

if impossible debt and paranoia over its own people is all this country has to offer, well, there are better places to go.

this country will never change.

did you know its valentines day?

[Injin]

And that's why it's a depression.

Once the cat is out of the bag and people realise they are just tax livestock they chuck the towel in and say "****** you."

[the-sign-jacker]

did you know its valentines day?

damn. i might as well go out and buy a hydrogen red heart shaped balloon, book a cheap meal in an overcrowded diner.

go to a chick flic and pretend everythings hunky dory. whoo, its valentines day !!!

valantines and such meaning has been lost like christmas. im not dashing to the high street to buy a clinton card because its a particular day when im supposed to do that. its commercialism. if you really loved someone and they loved you a red balloon would be irrelevant and a waste of money. when marriages were strong valentines day was meaningless.

its a typical western way to manipulate people out of money for nothing but moulded plastic and trees.

how romantic. id like to present the balloon of love on a cream carpet while lounging on a white ikea sofa.

pfft. its as pathetic as uk life.

[the-sign-jacker]

And that's why it's a depression.

Once the cat is out of the bag and people realise they are just tax livestock they chuck the towel in and say "****** you."

well, i wasnt expecting any change from the last 10 years.

there was no cat or bag. ive realised its how its always been.

[Guest mattsta1964]

im not so sure if i even want to buy a house anymore. its all too complicated. too heavy.

all i wanted was simple, affordable 2 bed terrace perhaps with a fire and some undiscovered real floorboards.

i didnt want a speculator doing that for me and charging an extra 60%.

i dont feel like getting up and working for that.

im begining to feel id be better renting, while taking financial advantage of all this chaos.

when things get bad, i wont be committed to this and will be free to leave.

at the rate things are going it will be 10 years before things like prices, rates, employment and lending will be back to what id call normal. and even then, they will just start the madness again. this site has made me realise that the country is nothing but a population of speculators and parasitic governments and image mad me first populace. almost everything over the last 5 years has been a lie and a fraud. spin, whitewash and dodgy back room deals that are ALL collapsing.

i feel like im just financial livestock to be farmed and im starting to feel id rather leave them to it. ill have to rent for another 10 years, but in the end, ill have the cash they so desperately want and ill not really be in the mood to part with it. its become too late. too hard and not worth jumping through incredibly stressful hoops just to get a tiny place to call my own home, in what can only be described as a dull, backwater, poverty ridden northern grey dank milltown.

ive been renting now for 9 years. what am i supposed to do. wait another 9, then sign up for this rubbish. at any rate, the depth of problems, both financial and social are beginning to look so severe, i think staying well clear of this mess of a country probably wiser than attempting to be a part of the generational rip off pyramid thats set up in place of a real economic model. were simply not free people. were manipulated people. manipulated for votes and space in a land thats only 7% populated and 80% of the wealth is held by 1% of the population.

to expect any real change is just lining myself up for a false dawn. there will be no relief from this relentless markup of my earnings by others. there wont be any pensions, any help for me when im old. just schemes to rip me off, take what i have or to ID me in case im a 'terrorist'.

if impossible debt and paranoia over its own people is all this country has to offer, well, there are better places to go.

this country will never change.

Hole in 1

The winners in the housing market were our parents' generation.

It's over mate.

My parents bought their first home, a four bedroom country house in Surrey for £5700 in 1963

At the peak of the market, that house would have been around £750,000

Even if you factor in inflation over the intervening 40 years, the bommer generation did pretty well out of the housing market but their prosperity was always at their own childrens' expense.

I very much doubt this scenario will be repeated.

If I had a choice now, I would not even consider buying property in the UK unless prices fell back to 2 maybe 2 1/2 times average earnings. Why enslave yourself for 25 years when the capital gains of the last 40 years are highly unlikely to be repeated.

I would deffo rent, be mobile and flexible as possible.

There will be better investment opportunities than property in the next 10-15 years

In my opinion, the best investment of all is to GET OUT of the UK. It's a fekkn cesspit

[Dopamine]

damn. i might as well go out and buy a hydrogen red heart shaped balloon, book a cheap meal in an overcrowded diner.

go to a chick flic and pretend everythings hunky dory. whoo, its valentines day !!!

valantines and such meaning has been lost like christmas. im not dashing to the high street to buy a clinton card because its a particular day when im supposed to do that. its commercialism. if you really loved someone and they loved you a red balloon would be irrelevant and a waste of money. when marriages were strong valentines day was meaningless.

its a typical western way to manipulate people out of money for nothing but moulded plastic and trees.

how romantic. id like to present the balloon of love on a cream carpet while lounging on a white ikea sofa.

pfft. its as pathetic as uk life.

You old romantic, you

(I agree)

[the-sign-jacker]

Hole in 1

The winners in the housing market were our parents' generation.

It's over mate.

My parents bought their first home, a four bedroom country house in Surrey for £5700 in 1963

At the peak of the market, that house would have been around £750,000

Even if you factor in inflation over the intervening 40 years, the bommer generation did pretty well out of the housing market but their prosperity was always at their own childrens' expense.

I very much doubt this scenario will be repeated.

If I had a choice now, I would not even consider buying property in the UK unless prices fell back to 2 maybe 2 1/2 times average earnings. Why enslave yourself for 25 years when the capital gains of the last 40 years are highly unlikely to be repeated.

I would deffo rent, be mobile and flexible as possible.

There will be better investment opportunities than property in the next 10-15 years

In my opinion, the best investment of all is to GET OUT of the UK. It's a fekkn cesspit

i will, when its time. in the meantime theres money to be made out of their own folly and greed.

the fist stage of this is to commit to NOT buying a home. thats the main trap they set for you.

thats how they MAKE you work for them.

[the-sign-jacker]

You old romantic, you

(I agree)

its more romantic to avoid it. be stronger than plastic.

these valentines x-factor tokens are cover ups for a lack of true meaning.

[R K]

The winners in the housing market were our parents' generation.

You're arguing against yourself here.

Think about it!

To OP:-

Welcome to the layer cake son.

[Dangerous Woman]

Hole in 1

The winners in the housing market were our parents' generation.

It's over mate.

My parents bought their first home, a four bedroom country house in Surrey for £5700 in 1963

At the peak of the market, that house would have been around £750,000

Even if you factor in inflation over the intervening 40 years, the bommer generation did pretty well out of the housing market but their prosperity was always at their own childrens' expense.

I very much doubt this scenario will be repeated.

If I had a choice now, I would not even consider buying property in the UK unless prices fell back to 2 maybe 2 1/2 times average earnings. Why enslave yourself for 25 years when the capital gains of the last 40 years are highly unlikely to be repeated.

I would deffo rent, be mobile and flexible as possible.

There will be better investment opportunities than property in the next 10-15 years

In my opinion, the best investment of all is to GET OUT of the UK. It's a fekkn cesspit

Yes but they will die eventually and then the house will be yours.

[quad]

damn. i might as well go out and buy a hydrogen red heart shaped balloon, book a cheap meal in an overcrowded diner.

go to a chick flic and pretend everythings hunky dory. whoo, its valentines day !!!

valantines and such meaning has been lost like christmas. im not dashing to the high street to buy a clinton card because its a particular day when im supposed to do that. its commercialism. if you really loved someone and they loved you a red balloon would be irrelevant and a waste of money. when marriages were strong valentines day was meaningless.

its a typical western way to manipulate people out of money for nothing but moulded plastic and trees.

how romantic. id like to present the balloon of love on a cream carpet while lounging on a white ikea sofa.

pfft. its as pathetic as uk life.

i treat my other half with total respect and love, all year round, some days i raise my game a little higher, today is one of those days.

[Guest mattsta1964]

i will, when its time. in the meantime theres money to be made out of their own folly and greed.

the fist stage of this is to commit to NOT buying a home. thats the main trap they set for you.

thats how they MAKE you work for them.

I know

I'm stuck in the trap.

I bitterly regret ever buying a house.

[the-sign-jacker]

i treat my other half with total respect and love, all year round, some days i raise my game a little higher, today is one of those days.

if your relationship was so strong, today would be meaningless.

its just a commercial expectation from your partner. if you didnt buy her a card - would that be the end of it ?

are you only as strong as printed paper ?

I know

I'm stuck in the trap.

I bitterly regret ever buying a house.

i didnt know that. im guessing its too late to get out.

[The Masked Tulip]

I bought the M&S Valentine meal for 2 yesterday simply because it was a good deal if you are a singleton - the wine alone is about £9. Other than that, yes, I agree with you...

...Not just about Valentines ("I love you 365 days a year and show it but if I do not make an effort on this one single day you do not love me and want a divorce?" - such women are best avoided, hard to do so though as so many believe it is now their right to have a lot of money spent on them on Feb 14th.) but also about buying a house. It has begun to cross my mind whether staying renting will be preferable in the coming years.

I think the US will eventually recover faster than us and shoot ahead. It may be like the post-WW2 years when the UK remained a bleak, grey place of shortage through the late 40s and the 50s whilst the US was energetic, profitable and happy?

[quad]

im not so sure if i even want to buy a house anymore. its all too complicated. too heavy.

all i wanted was simple, affordable 2 bed terrace perhaps with a fire and some undiscovered real floorboards.

i didnt want a speculator doing that for me and charging an extra 60%.

i dont feel like getting up and working for that.

im begining to feel id be better renting, while taking financial advantage of all this chaos.

when things get bad, i wont be committed to this and will be free to leave.

at the rate things are going it will be 10 years before things like prices, rates, employment and lending will be back to what id call normal. and even then, they will just start the madness again. this site has made me realise that the country is nothing but a population of speculators and parasitic governments and image mad me first populace. almost everything over the last 5 years has been a lie and a fraud. spin, whitewash and dodgy back room deals that are ALL collapsing.

i feel like im just financial livestock to be farmed and im starting to feel id rather leave them to it. ill have to rent for another 10 years, but in the end, ill have the cash they so desperately want and ill not really be in the mood to part with it. its become too late. too hard and not worth jumping through incredibly stressful hoops just to get a tiny place to call my own home, in what can only be described as a dull, backwater, poverty ridden northern grey dank milltown.

ive been renting now for 9 years. what am i supposed to do. wait another 9, then sign up for this rubbish. at any rate, the depth of problems, both financial and social are beginning to look so severe, i think staying well clear of this mess of a country probably wiser than attempting to be a part of the generational rip off pyramid thats set up in place of a real economic model. were simply not free people. were manipulated people. manipulated for votes and space in a land thats only 7% populated and 80% of the wealth is held by 1% of the population.

to expect any real change is just lining myself up for a false dawn. there will be no relief from this relentless markup of my earnings by others. there wont be any pensions, any help for me when im old. just schemes to rip me off, take what i have or to ID me in case im a 'terrorist'.

if impossible debt and paranoia over its own people is all this country has to offer, well, there are better places to go.

this country will never change.

Can agree with a lot of your post, a whole generation, either those who bought at silly prices and will pay for the next 25 years on there morgage, or those of us who have burned money renting. and buy later in life,and end up paying a morgage into retirement, are all equally fo0ked.

Can see no easy way out of this whole mess that is, going to be with us all for many years to come.

have considered many options as an alternative to being a cash cow to the govornment. til i die.

but i have friends, family, jobs, emotional ties to where i live. and they are equally if not more important in my life than, financial issues as discussed on hpc.

although hpc has opened my eyes to many things. i will still wish to buy, sooner rather than later in my life, as renting can be a real hastle, and i do need a home to live in.

[Guest mattsta1964]

Can agree with a lot of your post, a whole generation, either those who bought at silly prices and will pay for the next 25 years on there morgage, or those of us who have burned money renting. and buy later in life,and end up paying a morgage into retirement, are all equally fo0ked.

Can see no easy way out of this whole mess that is, going to be with us all for many years to come.

have considered many options as an alternative to being a cash cow to the govornment. til i die.

but i have friends, family, jobs, emotional ties to where i live. and they are equally if not more important in my life than, financial issues as discussed on hpc.

although hpc has opened my eyes to many things. i will still wish to buy, sooner rather than later in my life, as renting can be a real hastle, and i do need a home to live in.

What is needed are good tenency agreements

People in Germany rent without any hassle at all for example and it's much cheaper than renting here in the UK

But nothing works properly in the UK. NOTHING. It's just a spiv's paradise.

[rolf]

In my opinion, the best investment of all is to GET OUT of the UK. It's a fekkn cesspit

I agree. But to go where? I will be emigrating soon too. Where are you off to?

[Jadoube]

In my opinion, the best investment of all is to GET OUT of the UK. It's a fekkn cesspit

Said so often on HPC, it could be the team motto. Somehow few ever seem to actually go. Its a paradox.

[Luke Skywalker]

Hole in 1

The winners in the housing market were our parents' generation.

It's over mate.

My parents bought their first home, a four bedroom country house in Surrey for £5700 in 1963

At the peak of the market, that house would have been around £750,000

Even if you factor in inflation over the intervening 40 years, the bommer generation did pretty well out of the housing market but their prosperity was always at their own childrens' expense.

I very much doubt this scenario will be repeated.

If I had a choice now, I would not even consider buying property in the UK unless prices fell back to 2 maybe 2 1/2 times average earnings. Why enslave yourself for 25 years when the capital gains of the last 40 years are highly unlikely to be repeated.

I would deffo rent, be mobile and flexible as possible.

There will be better investment opportunities than property in the next 10-15 years

In my opinion, the best investment of all is to GET OUT of the UK. It's a fekkn cesspit

I agree with everything this wise poster says but I don't get the bit about:

but their prosperity was always at their own childrens' expense.

What's all that about?

[Guest happy?]

im not so sure if i even want to buy a house anymore. its all too complicated. too heavy.

all i wanted was simple, affordable 2 bed terrace perhaps with a fire and some undiscovered real floorboards.

i didnt want a speculator doing that for me and charging an extra 60%.

i dont feel like getting up and working for that.

im begining to feel id be better renting, while taking financial advantage of all this chaos.

when things get bad, i wont be committed to this and will be free to leave.

at the rate things are going it will be 10 years before things like prices, rates, employment and lending will be back to what id call normal. and even then, they will just start the madness again. this site has made me realise that the country is nothing but a population of speculators and parasitic governments and image mad me first populace. almost everything over the last 5 years has been a lie and a fraud. spin, whitewash and dodgy back room deals that are ALL collapsing.

i feel like im just financial livestock to be farmed and im starting to feel id rather leave them to it. ill have to rent for another 10 years, but in the end, ill have the cash they so desperately want and ill not really be in the mood to part with it. its become too late. too hard and not worth jumping through incredibly stressful hoops just to get a tiny place to call my own home, in what can only be described as a dull, backwater, poverty ridden northern grey dank milltown.

ive been renting now for 9 years. what am i supposed to do. wait another 9, then sign up for this rubbish. at any rate, the depth of problems, both financial and social are beginning to look so severe, i think staying well clear of this mess of a country probably wiser than attempting to be a part of the generational rip off pyramid thats set up in place of a real economic model. were simply not free people. were manipulated people. manipulated for votes and space in a land thats only 7% populated and 80% of the wealth is held by 1% of the population.

to expect any real change is just lining myself up for a false dawn. there will be no relief from this relentless markup of my earnings by others. there wont be any pensions, any help for me when im old. just schemes to rip me off, take what i have or to ID me in case im a 'terrorist'.

if impossible debt and paranoia over its own people is all this country has to offer, well, there are better places to go.

this country will never change.

It's not just the last five years - it's always been that way. A change of government (indeed a change of country) will make no difference. Deal with it - otherwise you'll be perpetually postponing your life.

[Luke Skywalker]

I agree. But to go where? I will be emigrating soon too. Where are you off to?

The problem I see on here with people looking to emigrate or "get out" is that most aspirants don't look much beyond OZ/NZ/US or somewhere 'close to home' - Spain or Germany maybe.

I left Yookay permanently five years ago now and I am enjoying a delicious life in Kuala Lumpur.

Most people who post here and claim they want to get out don't seem to have the nous to loo beyond the bleedin' obvious when it comes to finding the bolt holes that many seem to desire.

The Yookay under Gulag Gordon truly does suck - and you only notice how bad things really are when you return for a visit.

Arise Britons!!

Be Free Again!!

And Come to Malaysia!

[Si1]

or those of us who have burned money renting.

can we get rid of this ignorant assertion that renting is burning money

it isn't, unless you can't do the maths...

Edited February 14, 2009 by Si1

[the-sign-jacker]

("I love you 365 days a year and show it but if I do not make an effort on this one single day you do not love me and want a divorce?" - such women are best avoided,

from recent experiences, this is very true.

Can agree with a lot of your post, a whole generation, either those who bought at silly prices and will pay for the next 25 years on there morgage, or those of us who have burned money renting. and buy later in life,and end up paying a morgage into retirement, are all equally fo0ked.

Can see no easy way out of this whole mess that is, going to be with us all for many years to come.

have considered many options as an alternative to being a cash cow to the govornment. til i die.

but i have friends, family, jobs, emotional ties to where i live. and they are equally if not more important in my life than, financial issues as discussed on hpc.

although hpc has opened my eyes to many things. i will still wish to buy, sooner rather than later in my life, as renting can be a real hastle, and i do need a home to live in.

so do i, but in 10 years they will probably be dead. im considering canada or europe. anywhere but here.

I agree. But to go where? I will be emigrating soon too. Where are you off to?

things will be different in 10 years time when i plan to go.

ill try canada or possibly australia. to do that id need to save and keep my money out of the uk housing system.

if i can make some cash from boucning stocks and using my money for myself, i should have enough to buy outright in a less manipulative country than this.

It's not just the last five years - it's always been that way. A change of government (indeed a change of country) will make no difference. Deal with it - otherwise you'll be perpetually postponing your life.

i know. ive only just realised it in the last few months.

thats why i think awaiting a false dawn is just a waste of time.

at least its re given me the motive to work again. to save and a plan for the future, other than riding theups and downs of a caged uk life. i wont be one of their numbers. a loan book payee. ill just work hard, and take what i can out of them. then go. hopefully.

[the-sign-jacker]

can we get rid of this ignorant assertion that renting is burning money

it isn't, unless you can't do the maths...

im saving almost £10k a year renting.

thats £20k a year house falls (+ interest) minus say £10k for renting. (although im paying 5k.)

im saving / earning an additional 15k a year on top of my wage - and its TAX FREE.

renting is saving is earning.

reverse flipping. reverse speculation. the earnings are to the same scale and all those buyers now look like the ultimate suckers. as do the banks that lent them the money. hahahahaha. back of the net. own goal you greedy bastards !!

as rich as it was for the people on the way up, is as rich for all the awaiting ftbs on the way down. lovely FREE money.

thats if you can be bothered buying here after 10 more years of what we are about to receive...

Edited February 14, 2009 by the-sign-jacker