Jump to content
House Price Crash Forum

500k Houses Sell For 200k

Recommended Posts

I rented a flat in late 2007. Someone else bought a house in late 2007. If I end up buying their house next year for half what they paid for it then I would not feel sympathy for them because I don't feel sorry for mongs.

Nothing stopping them logging onto HPC instead of dribbling over "Strictly Come Dancing", was there?

Link to post
Share on other sites
They mean that $200k homes were sold for $500k during the bubble.

These reductions would not suit Britain.

Try this simple test at home.

Divide 500 by 3, or preferably 4, & you wont get anywhere near 200.




Link to post
Share on other sites
"Mary Ann and Derrick Lepley bought a home for nearly $300,000 less than what the previous owners paid."

They seem to be very happy about someone elses misfortune. Schnadenfreude is a vastly spreading disease that is gripping the western world.

$500K homes now selling for $200,000

"My heart goes out to everybody that lost their home [and] lost their jobs," says Derrick Lepley. "I'm real sympathetic toward them. But the reality for us was, if this didn't happen, we wouldn't be in this situation."

Walking through his spacious four-bedroom home, he says, "We feel fortunate."

Sorry, but that doesn't sound like Schadenfreude to me...they are not happy that some lost every thing and its not their fault either..what the heck are you on about :rolleyes:

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 439 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.