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Rain'ard

Are We The Only Ones

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Are we the British the only ones who seem to rejoice when house prices go up? Is it some trait that goes with staying out all night to catch a fleeting glimps at a couple of octagenarians who are a thousand times richer than you and wave at them. Why is it considered a virtue to borrow even more money to buy the same thing that is deterioating by the day. Will parents be celebrating in the streets at the thought of loaning their children the deposits they need to live and start a family? Why doesn't the BBC tell us with relish that the Price of cars and food has gone up?

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Are we the British the only ones who seem to rejoice when house prices go up? Is it some trait that goes with staying out all night to catch a fleeting glimps at a couple of octagenarians who are a thousand times richer than you and wave at them. Why is it considered a virtue to borrow even more money to buy the same thing that is deterioating by the day. Will parents be celebrating in the streets at the thought of loaning their children the deposits they need to live and start a family? Why doesn't the BBC tell us with relish that the Price of cars and food has gone up?

The short version. Sadly, depending on your viewpoint, cars and food aren't regarded an asset class, unlike housing/property.

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Are we the British the only ones who seem to rejoice when house prices go up? Is it some trait that goes with staying out all night to catch a fleeting glimps at a couple of octagenarians who are a thousand times richer than you and wave at them. Why is it considered a virtue to borrow even more money to buy the same thing that is deterioating by the day. Will parents be celebrating in the streets at the thought of loaning their children the deposits they need to live and start a family? Why doesn't the BBC tell us with relish that the Price of cars and food has gone up?

How quaint. Still thinking that the US, Australia, New Zealand, South Africa and Hong Kong still consider themselves to be British.

p-o-p

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The short version. Sadly, depending on your viewpoint, cars and food aren't regarded an asset class, unlike housing/property.

The possession of food and cars doesn't form a cartel power over productive opportunity. People regard houses as assets because the uk government arranged real estate ownership so that they are.

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Are we the British the only ones who seem to rejoice when house prices go up?

If we are, we should be ashamed of ourselves. If we are not, we should still be ashamed.

They are trying to brainwash us that HPI = Good, but some of us are immune to their methods.

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Are we the British the only ones who seem to rejoice when house prices go up? Is it some trait that goes with staying out all night to catch a fleeting glimps at a couple of octagenarians who are a thousand times richer than you and wave at them. Why is it considered a virtue to borrow even more money to buy the same thing that is deterioating by the day. Will parents be celebrating in the streets at the thought of loaning their children the deposits they need to live and start a family? Why doesn't the BBC tell us with relish that the Price of cars and food has gone up?

Shhhhh. Don't let the cat out of the bag!

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All those live street interviews, phone ins etc suggest that most people DONT want rising house prices or are at the very least are not bothered

It is a MEDIA obsession. Its what happens when we live in a FASCIST OLIGARCHY where the banking and political elite control the airwaves.

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HPI gives homeowners the illusion of wealth. All governments desire this state of affairs as it gives them instant popularity.

The sheeple need a constant diet of self-delusion...reality is strictly taboo.

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Is it some trait that goes with staying out all night to catch a fleeting glimps at a couple of octagenarians who are a thousand times richer than you and wave at them

Leave the Rolling Stones out of this!

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Are we the British the only ones who seem to rejoice when house prices go up? ...

No.

The coastal properties round here are very popular with German buyers as well as the Brits. Both groups automatically expect their holiday home to appreciate in value over the years and both groups make this a self-fulfilling prophesy by paying ever more for them.

In the last 18 months most "overseas" buyers have found the crash in their domestic markets have called for re-evaluation of their finances and so quite a bit of property has come on the market (anecdotal evidence seems to suggest about half the Brits leaving the Dordogne - not sure about seaside stuff here). The middle class French are fond of their holiday homes too but will pay far less (I think they rather enjoy seeing the foreigners loose out)

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