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Velgud

Honestly..

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Firstly, I've been an avid reader of this site for a few years now and have loved the general sentiment relative to the nation's ignorant greedy mindset.

However, these days I can't help but think the majority of people on here are just doom mongers and generally a fairly selfish bunch - sitting on their STR funds waiting for IRs to go up much to the detriment of the population, or HPs to fall - but not for the sake of community benefit, just for their own personal gain, i.e. prices come down and they get a bargain, IRs go up and they get more return on their savings. They'll still buy. They'll still be part of the problem. Just with a 'less worse' investment.

But honestly..

It's getting kind of tedious now guys..

Yes we've all been right, the country is going t1ts up and the property bubble has burst. But what is the end game? What do you all really hope for?

I used to enjoy coming on here but it's been kind of the same tune day in day out for the the last few years now.

The reality is, the time most of you have spent on here wishing for an economic crisis, you could have done something positive to significantly better your own personal situations and subsequently had less mental and financial investment in betting on the collapse of society.

I dunno.. I'm not trolling, it's just all sounding a bit tedious these days.. anyone agree?

In summary, get a life.

:ph34r:

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:ph34r:

then there are those of us with no STR fund who pop in here to try and gain a little insight into the world of economics to see if if my toil is in vain and my ambition misplaced because I cant afford to buy a house for my family to live in and I would like to.

Edited by i wanna house

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The reality is, the time most of you have spent on here wishing for an economic crisis, you could have done something positive to significantly better your own personal situations and subsequently had less mental and financial investment in betting on the collapse of society.

Exactly what sort of 'personal situation' could provide immunity from the sort of almighty systemic collapse we may (perhaps) be facing? Unless someone starts off with megabucks to play with, options are pretty limited.

'Wishing for an economic crisis' is very different from wishing our fraudulent, destructive casino economics could be replaced by something a bit saner, fairer, more stable. From what I've seen, most people on here are hoping for the latter.

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'Wishing for an economic crisis' is very different from wishing our fraudulent, destructive casino economics could be replaced by something a bit saner, fairer, more stable. From what I've seen, most people on here are hoping for the latter.

+1

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'Wishing for an economic crisis' is very different from wishing our fraudulent, destructive casino economics could be replaced by something a bit saner, fairer, more stable. From what I've seen, most people on here are hoping for the latter

really?

The forum mainly seems to be people circle jerking each other whilst frothing at the mouth with excitment as public sector workers are thrown out of work.

Fingers crossed that families are kicked out of their homes so I can buy it cheap!

I haven't seen anyone actually articulate what a 'bit saner, fairer, more stable' would look like.

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Firstly, I've been an avid reader of this site for a few years now and have loved the general sentiment relative to the nation's ignorant greedy mindset.

However, these days I can't help but think the majority of people on here are just doom mongers and generally a fairly selfish bunch - sitting on their STR funds waiting for IRs to go up much to the detriment of the population, or HPs to fall - but not for the sake of community benefit, just for their own personal gain, i.e. prices come down and they get a bargain, IRs go up and they get more return on their savings. They'll still buy. They'll still be part of the problem. Just with a 'less worse' investment.

But honestly..

It's getting kind of tedious now guys..

Yes we've all been right, the country is going t1ts up and the property bubble has burst. But what is the end game? What do you all really hope for?

I used to enjoy coming on here but it's been kind of the same tune day in day out for the the last few years now.

There is a good degree of truth in the above part of your post.

The reality is, the time most of you have spent on here wishing for an economic crisis, you could have done something positive to significantly better your own personal situations and subsequently had less mental and financial investment in betting on the collapse of society.

I dunno.. I'm not trolling, it's just all sounding a bit tedious these days.. anyone agree?

In summary, get a life.

:ph34r:

And then you ruined it all.

I get the impression that most regular posters have a life, have done positive things to significantly improve their personal situations and don't want a collapse of society. Speaking personally, when I sold my shitty flat I was able to buy a boat to live on mortgage free whilst I and my now wife both gained MAs and retrained to more stable occupations.

Those hoping for the collapse of society are freaks; even here.

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But honestly..

It's getting kind of tedious now guys..

I used to enjoy coming on here but it's been kind of the same tune day in day out for the the last few years now.

:ph34r:

People come to this website for an antidote to VI ramping and "green shoots of recovery" media talk. They don't expect a song and dance routine.

It's true the economic crash has been in slow motion. It's been 2 years since nov 2008 and almost nothing has happened. I'm sure when something does happen, the analysis will gear up.

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Firstly, I've been an avid reader of this site for a few years now and have loved the general sentiment relative to the nation's ignorant greedy mindset.

However, these days I can't help but think the majority of people on here are just doom mongers and generally a fairly selfish bunch - sitting on their STR funds waiting for IRs to go up much to the detriment of the population, or HPs to fall - but not for the sake of community benefit, just for their own personal gain, i.e. prices come down and they get a bargain, IRs go up and they get more return on their savings. They'll still buy. They'll still be part of the problem. Just with a 'less worse' investment.

But honestly..

It's getting kind of tedious now guys..

Yes we've all been right, the country is going t1ts up and the property bubble has burst. But what is the end game? What do you all really hope for?

I used to enjoy coming on here but it's been kind of the same tune day in day out for the the last few years now.

The reality is, the time most of you have spent on here wishing for an economic crisis, you could have done something positive to significantly better your own personal situations and subsequently had less mental and financial investment in betting on the collapse of society.

I dunno.. I'm not trolling, it's just all sounding a bit tedious these days.. anyone agree?

In summary, get a life.

:ph34r:

This isn't the start of the economic crisis, what we are seeing is the end of a crisis that has lasted about 10 years. It might get much worse before it gets better, but it was always going to be like this and at least now the end is in sight. That is something to be glad about.

Its like the relief you get when you finally start to throw up all that lager you'd been binge drinking a few hours earlier.

Also, I'm not sure why you think visiting a website is incompatible with doing other things?

Personally, I hold down a day job investigating creepy mysteries with a gang of groovy friends and my cowardly dog, which pays me slightly over the site average of 150k/year and is immune to the recession.

Edited by (Blizzard)

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+1 for the OP

We should remember first and foremost, were all a little bit similar.

Our initial desires for a house price crash stem from a desire to be able to acquire affordable property.

This should be something affordable for all. If it were, we would all benefit.

That said, I'm guilty myself of wishing to acquire money without working for it. Perhaps because I've seen that it can be done. The system has many flaws. One I often lament is the marginal deduction rate with regards to benefits-work. An ever increasing amount of jobs I will not do, as I'd be worse off. Madness!

We shouldn't pay people millions in travel expenses to travel to siberia for a 2 hour shift hand mining coal, however, free travel within 10-20 or so miles for a NI and TAX paying worker could work wonders.

I often hear people say, "I vote Labour 'cos me father were a miner, an' 'is father were a miner, an' 'is father before him."

I can envisage people saying, "I'm buying this house with a mortgage from RBS, cos' me father bought this house with RBS, an his father bought it with RBS... ..."

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My view is that rather than me 'wishing' there is going to be an economic collapse, I am fairly certain there 'will be' a collapse.

Viewed from this perspective it is up to the individual to do work out his options with regard to the future and how he may best position himself with regard to what he thinks awaits.

In my case I sold up my flat at a decent profit in 2007 and ploughed most of the profit into gold and silver. I've done ok so far as a result, and with the way things are going, I'll be doing even better in the future.

Of course, if I do well, a great many other people may well suffer. However, they will not directly suffer as a result of me doing well, only the overall circumstances of the situation.

So, personally I am not wishing a crisis on anyone (even though it will be to my financial advantage), it's just that I reckon a crisis is inevitable, so I might as well swim if I can, rather than be a martyr and go down with a ship full of my fellow country men.

Of course, it is entirely possible I may not be the cunning investor I believe myself to be and I may have betted the wrong way. But that is the risk I have personally chosen to take, just like the risk many chose to take buying a house at the peak of the market.

It's all a matter of personal responsibility at the end of the day, something the reckless banks and underwater homeowners, who are getting their mortgages paid with deficit money (that is helping grind this country into the dirt), don't seem to realise.

That said, there is a lot of gloating and bad will that goes on, on this site, but I can understand some of it, because when you've played by the rules (saved patiently and waited for a HP correction) and then the rules have been changed to your disadvantage (with stupidly low interest rates, mortgage relief and QE to prop up the market) then you have a right to vent a bit of anger.

Plus abusive behaviour can be fun, just ask any of the anti-gold nutters on here, they love it.

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really?

The forum mainly seems to be people circle jerking each other whilst frothing at the mouth with excitment as public sector workers are thrown out of work.

Fingers crossed that families are kicked out of their homes so I can buy it cheap!

To be fair, there is way too much of that.

There again, I work in the public sector now, and I can confirm: We are too many.

I haven't seen anyone actually articulate what a 'bit saner, fairer, more stable' would look like.

Really?

You've never seen anybody suggest a system where people are free to make rational choices based on mutual advantage? Or where the state does not repeatedly create moral hazard to the detriment of natural society? Where broken models are allowed to fail, and better replacements allowed to form naturally? You've never seen anybody suggest that the insolvency laws allow deliberate looting by bankruptcy or that advertising deliberately fosters misery to encourage pointless consumption? Or that rent seeking is a drain on society? You've never seen any of this? Really?

Or on the other side of the coin, have you never seen someone propose that the essential (and limited) functions of the state be financed by a tax on the hoarding of land?

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My view is that rather than me 'wishing' there is going to be an economic collapse, I am fairly certain there 'will be' a collapse.

Viewed from this perspective it is up to the individual to do work out his options with regard to the future and how he may best position himself with regard to what he thinks awaits.

In my case I sold up my flat at a decent profit in 2007 and ploughed most of the profit into gold and silver. I've done ok so far as a result, and with the way things are going, I'll be doing even better in the future.

Of course, if I do well, a great many other people may well suffer. However, they will not directly suffer as a result of me doing well, only the overall circumstances of the situation.

So, personally I am not wishing a crisis on anyone (even though it will be to my financial advantage), it's just that I reckon a crisis is inevitable, so I might as well swim if I can, rather than be a martyr and go down with a ship full of my fellow country men.

Of course, it is entirely possible I may not be the cunning investor I believe myself to be and I may have betted the wrong way. But that is the risk I have personally chosen to take, just like the risk many chose to take buying a house at the peak of the market.

It's all a matter of personal responsibility at the end of the day, something the reckless banks and underwater homeowners, who are getting their mortgages paid with deficit money (that is helping grind this country into the dirt), don't seem to realise.

That said, there is a lot of gloating and bad will that goes on, on this site, but I can understand some of it, because when you've played by the rules (saved patiently and waited for a HP correction) and then the rules have been changed to your disadvantage (with stupidly low interest rates, mortgage relief and QE to prop up the market) then you have a right to vent a bit of anger.

Plus abusive behaviour can be fun, just ask any of the anti-gold nutters on here, they love it.

Having had the foresight to make gains on the behalf of other men, have you any idea as to how you will use these gains to improve the condition of man?

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Firstly, I've been an avid reader of this site for a few years now and have loved the general sentiment relative to the nation's ignorant greedy mindset.

However, these days I can't help but think the majority of people on here are just doom mongers and generally a fairly selfish bunch - sitting on their STR funds waiting for IRs to go up much to the detriment of the population, or HPs to fall - but not for the sake of community benefit, just for their own personal gain, i.e. prices come down and they get a bargain, IRs go up and they get more return on their savings. They'll still buy. They'll still be part of the problem. Just with a 'less worse' investment.

But honestly..

It's getting kind of tedious now guys..

Yes we've all been right, the country is going t1ts up and the property bubble has burst. But what is the end game? What do you all really hope for?

I used to enjoy coming on here but it's been kind of the same tune day in day out for the the last few years now.

The reality is, the time most of you have spent on here wishing for an economic crisis, you could have done something positive to significantly better your own personal situations and subsequently had less mental and financial investment in betting on the collapse of society.

I dunno.. I'm not trolling, it's just all sounding a bit tedious these days.. anyone agree?

In summary, get a life.

:ph34r:

What do you mean by 'get a life'. Many many posters on here have moved on/ abroad/ got married/ had kids/ changed career / started businesses. What do you expect? Most posters seem to want a country to be proud of, somewhere that future generations can enjoy and prosper in. The UK could have this but the government seems intent on creating slave drones and gross inequality.

I think most posters care about what happens to the UK and are disappointed in the direction it is going. If this means a short sharp correction then so be it. I couldn't care less if I ever own a home in the UK, but I am British!

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Having had the foresight to make gains on the behalf of other men, have you any idea as to how you will use these gains to improve the condition of man?

I have indeed. In my ideal world, gains permitting, firstly I will buy a modest home. This will no doubt make the seller happy as he will be trying to sell it, he can then use the money from the price we agreed to pursue his own ambitions.

Once the home is out of the way, I fully intend to spend a significant chunk of the remainder pursuing my favourite past times of drinking and travelling. This will have the effect of spreading my wealth around many individuals and businesses, helping create employment wherever I may go.

As we all know, an honest job is better than charity for the recipient, as give a man a fish and he eats for a day, give him a net and he eats for a lifetime. So I think getting wrecked and enjoying myself in the sun is probably the most philanthropic approach when redistributing my new found (hopefully) wealth. :ph34r: It'll just be an added benefit that I'll have a f4cking great time in the process :D

Edited by General Congreve

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My view is that rather than me 'wishing' there is going to be an economic collapse, I am fairly certain there 'will be' a collapse.

Viewed from this perspective it is up to the individual to do work out his options with regard to the future and how he may best position himself with regard to what he thinks awaits.

In my case I sold up my flat at a decent profit in 2007 and ploughed most of the profit into gold and silver. I've done ok so far as a result, and with the way things are going, I'll be doing even better in the future.

Of course, if I do well, a great many other people may well suffer. However, they will not directly suffer as a result of me doing well, only the overall circumstances of the situation.

So, personally I am not wishing a crisis on anyone (even though it will be to my financial advantage), it's just that I reckon a crisis is inevitable, so I might as well swim if I can, rather than be a martyr and go down with a ship full of my fellow country men.

Of course, it is entirely possible I may not be the cunning investor I believe myself to be and I may have betted the wrong way. But that is the risk I have personally chosen to take, just like the risk many chose to take buying a house at the peak of the market.

It's all a matter of personal responsibility at the end of the day, something the reckless banks and underwater homeowners, who are getting their mortgages paid with deficit money (that is helping grind this country into the dirt), don't seem to realise.

That said, there is a lot of gloating and bad will that goes on, on this site, but I can understand some of it, because when you've played by the rules (saved patiently and waited for a HP correction) and then the rules have been changed to your disadvantage (with stupidly low interest rates, mortgage relief and QE to prop up the market) then you have a right to vent a bit of anger.

Plus abusive behaviour can be fun, just ask any of the anti-gold nutters on here, they love it.

Tomorrow morning the divorce petition will fall on the mat with item 1 on the charge sheet being "he spends all his time on HPC" and item 2. "He's so mean he won't buy me a house to live in, even tho' prices are cheap and he's got lots of gold bullion".

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Tomorrow morning the divorce petition will fall on the mat with item 1 on the charge sheet being "he spends all his time on HPC" and item 2. "He's so mean he won't buy me a house to live in, even tho' prices are cheap and he's got lots of gold bullion".

You have to marry her before she can divorce you :ph34r:

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Firstly, I've been an avid reader of this site for a few years now and have loved the general sentiment relative to the nation's ignorant greedy mindset.

However, these days I can't help but think the majority of people on here are just doom mongers and generally a fairly selfish bunch - sitting on their STR funds waiting for IRs to go up much to the detriment of the population, or HPs to fall - but not for the sake of community benefit, just for their own personal gain, i.e. prices come down and they get a bargain, IRs go up and they get more return on their savings. They'll still buy. They'll still be part of the problem. Just with a 'less worse' investment.

But honestly..

It's getting kind of tedious now guys..

Yes we've all been right, the country is going t1ts up and the property bubble has burst. But what is the end game? What do you all really hope for?

I used to enjoy coming on here but it's been kind of the same tune day in day out for the the last few years now.

The reality is, the time most of you have spent on here wishing for an economic crisis, you could have done something positive to significantly better your own personal situations and subsequently had less mental and financial investment in betting on the collapse of society.

I dunno.. I'm not trolling, it's just all sounding a bit tedious these days.. anyone agree?

In summary, get a life.

:ph34r:

yeah, rented house for 10k, refused to buy for 415k, movedout, house sold for 299. made 17k on 35k investment in precious metals...

waste of time this place......

wake up you c0ckend

nx

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However, these days I can't help but think the majority of people on here are just doom mongers and generally a fairly selfish bunch - sitting on their STR funds waiting for IRs to go up much to the detriment of the population, or HPs to fall - but not for the sake of community benefit, just for their own personal gain, i.e. prices come down and they get a bargain, IRs go up and they get more return on their savings. They'll still buy. They'll still be part of the problem. Just with a 'less worse' investment.

However, I can't help but think the majority of people outside of here are just too bullish and generally a fairly selfish bunch - sitting on their HPI gains waiting for IRs to drop much to the detriment of the population, or HPI to continue - but not for the sake of community benefit, just for their own personal gain, i.e. prices go up and they get capital gains to keep up with the Jones, IRs go down and they get more leeway with their debts. They'll still buy/MEW. They'll still be part of the problem. Just with a fast depreciating asset on the road to bankrupcy.

Fixed your quote to reflect everybody else during the past 10 years. That should explain the mentality for most on here.

Swings and roundabouts, we've had the swings..

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Firstly, I've been an avid reader of this site for a few years now and have loved the general sentiment relative to the nation's ignorant greedy mindset.

However, these days I can't help but think the majority of people on here are just doom mongers and generally a fairly selfish bunch - sitting on their STR funds waiting for IRs to go up much to the detriment of the population, or HPs to fall - but not for the sake of community benefit, just for their own personal gain, i.e. prices come down and they get a bargain, IRs go up and they get more return on their savings. They'll still buy. They'll still be part of the problem. Just with a 'less worse' investment.

But honestly..

It's getting kind of tedious now guys..

Yes we've all been right, the country is going t1ts up and the property bubble has burst. But what is the end game? What do you all really hope for?

I used to enjoy coming on here but it's been kind of the same tune day in day out for the the last few years now.

The reality is, the time most of you have spent on here wishing for an economic crisis, you could have done something positive to significantly better your own personal situations and subsequently had less mental and financial investment in betting on the collapse of society.

I dunno.. I'm not trolling, it's just all sounding a bit tedious these days.. anyone agree?

In summary, get a life.

:ph34r:

I'm not sure why you posted here if you've decided it's such a waste of time? Your post is full of contradiction. You suggest everyone spends their time doing something positive but it's taken you 2 years to work that out? This is far more entertaining than reading The Sun, except you don't get any jugs on the page 3 of the posts!

I don't think people here are any more selfish than those that own their own homes.

You use the word 'honestly' and then declare you're not 'trolling'. You protest a little too much for my liking. You didn't include 'truthfully' or 'I wouldn't lie to you' but there's still time.

I've been around the world 3 times since I started posting here. Some of us are wise enough to know how to spend their time.

In summary, why haven't you got a life? Perhaps you could go and save endangered redback spiders in Australia? Perhaps we should all go to church, play some moronic game on Farcebook or develop a cocaine habit?

Honestly!

Edited by Xurbia

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Fixed your quote to reflect everybody else during the past 10 years. That should explain the mentality for most on here.

Swings and roundabouts, we've had the swings..

+1

Correct.

Personally, I've no STR fund, no inheritance, no bank of mum and dad, no debt, some savings, 3 degrees between us (all self-funded with loans paid off), professional occupation, above average salary, now early 30s and been unable to afford - not apply for / be granted a mortgage but actually afford - to buy a modest, basic starter home for almost 8 years now.

Turns out no one else can afford one either, which explains why interest rates have been kept at almost zero for almost 2 years.

I should have just committed mortgage fraud back in 2003 like everyone else. More fool me.

If there is anything I've learned from the past decade, from the heads of City banks to the man on the street, it's that crime pays. I won't be bringing my children up as well as I was.

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  • 312 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%



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