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teddyboy

When And Why Did You Join Hpc?

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Hi All,

I know a lot of you think these polls are a waste of time, but I am genuinely interested in what bring people here? I think there are lot of new members lately and I want to know why. I am hoping it is sentiment changing but its still interesting why over the past few months people are getting more bearish.

With this weeks SPIN on house price rising again it would be interesting to know how many people believe this spin also?

I will start with myself.

JOINED IN AUGUST 2005

WHY? - Well to be honest - bit of an accident. I typed in google 'house prices in Liverpool' and 'first time buyers'. If I can recall I went to www.firsttimebuyerhelp.co.uk and read the article on WHY NOT to buy a house at this time. Merv became my NEW hero :D I read almost everything on the site (it was works time so wasnt too bothered :P ) and it lead to to this site. I read just a few threads and thought -thank god someone is thinking like me! - I aint looked back since.

I dont look at porn anymore, I dont play games, and I stopped looking at EA sites. This is now my life!!!

YOU BA$TARDS!!!!!!! ;)

Please tick the relevant radio button and explain how you got here, and why you stay on this site?

Also, if you can be bothered, are you MORE confident of a crash (if so how much over what time), or 'weary' and bored waiting?

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I typed 'house price crash' into google, i knew things were too high and had a thought i wonder if anyone writes about house price crashes on the internet, i was looking for statistics i was looking for discussion.... The first result was HPC....

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Well i joined only recently but have looked here for awhile

I just want to warn everyone that buying a house now is stupid no matter what the girls try to make you do. I am an above average IT earner (see below) and cannot afford a house right now and so would not try and get a girlfriend who would try and spend all my money anyhow. It is better for me to stay at home with my mum untill prices are lower and then I could afford to have a woman and a decent house to live in.

Horney1.jpg

post-3298-1129671421_thumb.jpg

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Well i joined only recently but have looked here for awhile

I just want to warn everyone that buying a house now is stupid no matter what the girls try to make you do. I am an above average IT earner (see below) and cannot afford a house right now and so would not try and get a girlfriend who would try and spend all my money anyhow. It is better for me to stay at home with my mum untill prices are lower and then I could afford to have a woman and a decent house to live in.

Horney1.jpg

lol - how much for the Ghostbusters T-Shirt?

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Can't quite remember how I found the site, I think there was a link from somewhere (thisismoney, maybe).

I am STR by default - Had planned a deal with a family member which fell through because we couldn't sell quick enough - we were going to pull the house from the market but got a sale at the last minute so decided to let it go through and rent. Planning a move to the South West for eventual retirement in next year or so, currently living in the South-East.

My knowledge of economics is zero, and I am baffled by the contents of some of the posts, but am finding my general interest growing. I find member's views invaluable as a counter-balance to much of the general info in the media (eg RICS report and other VI material) . It helps me to keep a sense of proportion and reduces the risk of being panicked into buying something that perhaps is not what we really want ! Nevertheless we will buy when we find the right place - we don't plan to wait for for years like some members - Our rented flat is only a temporary home , and for my wife and I the "home" is more important than the "house", if you know what I mean.

Incidentally, for anyone planning short term renting, a tip you might find useful - we were originally going to rent a 1 bed flat and rent commercial storage, but through a friend we found a 2 bed flat with a garage, and didn't need the storage. The higher rent for the bigger flat is less than the combined charges for a smaller flat and commercial storage.

So thanks to all you Editors, Moderators and financial gurus - your help is greatly appreciated!

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Well i joined only recently but have looked here for awhile

I just want to warn everyone that buying a house now is stupid no matter what the girls try to make you do. I am an above average IT earner (see below) and cannot afford a house right now and so would not try and get a girlfriend who would try and spend all my money anyhow. It is better for me to stay at home with my mum untill prices are lower and then I could afford to have a woman and a decent house to live in.

Horney1.jpg

This isn't a dating website!

Lets keep to the economic analysis.. :o

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Can't quite remember how I found the site, I think there was a link from somewhere (thisismoney, maybe).

I am STR by default - Had planned a deal with a family member which fell through because we couldn't sell quick enough - we were going to pull the house from the market but got a sale at the last minute so decided to let it go through and rent. Planning a move to the South West for eventual retirement in next year or so, currently living in the South-East.

My knowledge of economics is zero, and I am baffled by the contents of some of the posts, but am finding my general interest growing. I find member's views invaluable as a counter-balance to much of the general info in the media (eg RICS report and other VI material) . It helps me to keep a sense of proportion and reduces the risk of being panicked into buying something that perhaps is not what we really want ! Nevertheless we will buy when we find the right place - we don't plan to wait for for years like some members - Our rented flat is only a temporary home , and for my wife and I the "home" is more important than the "house", if you know what I mean.

Incidentally, for anyone planning short term renting, a tip you might find useful - we were originally going to rent a 1 bed flat and rent commercial storage, but through a friend we found a 2 bed flat with a garage, and didn't need the storage. The higher rent for the bigger flat is less than the combined charges for a smaller flat and commercial storage.

So thanks to all you Editors, Moderators and financial gurus - your help is greatly appreciated!

absolutely. in my experience, storage costs around £85 pcm. that's a lot of money!

you can get enough additional house for that money to accomodate your storage needs. remember also that storage units require some additional insurance.

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As a 33 year old I'm yet to get on the housing ladder: one night I was frustrated unable to find anywhere within 30 miles of London that I could afford. I earn what I believe to be an average to above average salary for London where I work.

Partly in despair and as a bit of a joke I typed "house price crash" into google and up came this site. I can tell you that it was with some relief that I found it, I thought I was going mad but have found consolation here.

I've had my fill of TV programs and press reports of how much house prices have gone up and how rich it's made some people and how an apparent moron can --with little prior knowledge-- patronise and ignore the professional advice of a full time property developer and still come out of a project 50K up.

While I sit contemplating what seems like financial hari-cari feeling like some sort of social outcast unable to join the prosperous masses withdrawing equity by the bucketload, I recall the line "If you can keep your head when all about you are losing theirs....." I would add "...then you'd be reading housepricecrash.co.uk!"

Good to be in your company folks! :D

ps. Not so supportive of the people on the site who have made a killing and are looking to use this site as a means of amplifying their gains by talking the market down. This sort of speculation caused the problem in the first place and can only lead to misery. I see housepricecrash more as a reasoned debate and educational experience on the stupid excesses of what we are experiencing.

It's is not just jealous bleating on from the outside. When homes become an investment target there will always be a bigger fish that will come along and swallow you up as many amateur stock market investors discovered to their horror when the dot com bubble burst. Up until then people were wetting themselves over how much money they had made and how skillful they were.

Is this kind of volatility really what you want to see in the place that you call "home"? When the house market crashes-- which is not if but when, it could be worse than the stock market crash as property becomes illiquid who will buy from you if you house has dropped 10K in the last month?

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I have lost all credibility with my freinds as I have been saying house prices were too high since about 1999, so fair enough I suppose.

Although I had no in depth financial knowledge, I remember the last crash / recession so reasoned why can't it happen again ?

I am sure I heard about the site from Miles Mendoza on Radio 2 about a year ago, and I was over the moon that there were other like minded people about, and that there were people with sufficient financial knowledge to confirm my own gut feeling.

I am 33 and very pi**ed off still living at home, but this site has given me the focus I needed to get saving hard, at least now I have a plan.

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I am 33 and very pi**ed off still living at home, but this site has given me the focus I needed to get saving hard, at least now I have a plan.

I used to rent but decided that was getting me nowhere fast; so I too am living with my parents, I know how you feel! Hang in there.

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Searching the net for anything relating to the market crashing and up it popped in Google!

I predict a downward trend for the next 5-6 years when property should reduce 40% from present values to its true worth.

This WILL happen. I know, because I bought a 4 bedroom detached house in 1999 for £500 less than it was purchased new off the builders in 1989. I was the 4th owner in 10 years.

In that time there must have been some winners and losers.

I'm sure the same thing will apply 10 years from now.

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I joined about a year ago.

but did not seriously start paying attention until a few months ago.

I had spent years with my life collapsing around me..

Struggling from one rental horror to another..

Watching house prices explode.

I was able to turn an £11,000 salary into £32,000 within two years..

Through retraining myself through books.. working every hour god sent including weekends..

I was a senior technical analyst for a blue chip two years after logging onto a pc for the first time..

I saw myself as a dedicated professional hard working success story..

I lost my rental home.. had a mild breakdown.. jacked it all in and moved back to devon..

My girlfriend had become pregnant and unable to afford a property we aborted the baby..

hard choice..

But.. lets just say.. I am not a fan of Labour.. not a fan of this economy.

But when it all unzips.. I now have more experience.. a job that can't be outsourced in a company that appears recession proof.

So..

I came here..

I didn't believe I was the only one who saw what was happeneing and understood..

Whatever happens over the next few years we know the end result.

and looking back it will be the most bloody obvious thing to ever happen

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Guest growl

I typed 'house price crash' into google, i knew things were too high and had a thought i wonder if anyone writes about house price crashes on the internet, i was looking for statistics i was looking for discussion.... The first result was HPC....

Same here. :)

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im not sure how i got here. id been in my inventing shed that sunday, working on my new equilibrium machine. id been developing it for a while with bits from B&Q and the back of alpine kitchens. my intention with the equilibrium machine was almost a time machine, only events moved in time, rather than the physical person. this would enable customers to insert a karma token (purchasable from equilibrium snack bar). then all the bad karma and events in your life could be balanced back to good. for instance, cheating on a partner would cost 10 tokens. standing on a dead cat 2 tokens and so on.

anyway, id decided that after watching where the heart is, id try to fit that final control bar before calling in a day. once the control bar had been fitted the machine was good to go. i hadnt set the coin op mechanism as i wasnt due to open the facility for another week. also granada reports were coming over the next day to film tests for 'look the hell out north westy'.

id fitted the control bar and was ready to lock up. i threw a sheet over the contraption, only paul bryce the cat was under it. i had to flap the sheet up and becon the cat out using thumb and forefinger in a rubbing action to imitate a mouse or other common feline curiosity. i forgot i had my chain mail gloves still on. the chafing of the metal rings caused a spark, which then transferred itself to the copper earth core near the neuron energiser switch panel. this in turn sent a 2 amp surge through the insulators maxing them out. they sparked and caused the cat to jump, which then jumped onto the on switch.

i should have beenin the seat, but i was standing at the front. the dyson power intake began to revolve. i gripped the workbench. the turbines increased in speed. first the sheet went into the vortex. then the cats collar. then the cat. my shoes follwed then and a second later so did i.

i dont know how long i was away or how to get back. when i came to i was sitting in front of a computer in my paisley underpants. i was half mutated into a cat/sheet and endlessley posting housing trivia on a forum for needy individuals with alter egos and big ideals for such a small effort.

thats how i got to HPC and began posting.

rests history.

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Guest The Dude

im not sure how i got here. id been in my inventing shed that sunday, working on my new equilibrium machine. id been developing it for a while with bits from B&Q and the back of alpine kitchens. my intention with the equilibrium machine was almost a time machine, only events moved in time, rather than the physical person. this would enable customers to insert a karma token (purchasable from equilibrium snack bar). then all the bad karma and events in your life could be balanced back to good. for instance, cheating on a partner would cost 10 tokens. standing on a dead cat 2 tokens and so on.

anyway, id decided that after watching where the heart is, id try to fit that final control bar before calling in a day. once the control bar had been fitted the machine was good to go. i hadnt set the coin op mechanism as i wasnt due to open the facility for another week. also granada reports were coming over the next day to film tests for 'look the hell out north westy'.

id fitted the control bar and was ready to lock up. i threw a sheet over the contraption, only paul bryce the cat was under it. i had to flap the sheet up and becon the cat out using thumb and forefinger in a rubbing action to imitate a mouse or other common feline curiosity. i forgot i had my chain mail gloves still on. the chafing of the metal rings caused a spark, which then transferred itself to the copper earth core near the neuron energiser switch panel. this in turn sent a 2 amp surge through the insulators maxing them out. they sparked and caused the cat to jump, which then jumped onto the on switch.

i should have beenin the seat, but i was standing at the front. the dyson power intake began to revolve. i gripped the workbench. the turbines increased in speed. first the sheet went into the vortex. then the cats collar. then the cat. my shoes follwed then and a second later so did i.

i dont know how long i was away or how to get back. when i came to i was sitting in front of a computer in my paisley underpants. i was half mutated into a cat/sheet and endlessley posting housing trivia on a forum for needy individuals with alter egos and big ideals for such a small effort.

thats how i got to HPC and began posting.

rests history.

Fred...you are brilliant!!....you should be writing for TV...you are wasted on this forum :D

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Fred...you are brilliant!!....you should be writing for TV...you are wasted on this forum :D

Concur, and thanks to Dude for drawing my eye to Fred's post. As to Fred, I'm really not sure I'll get much sleep tonight as my brain is already running riot imagining his horrifically contorted Fred/Cat/Sheet physique: Fred, you have become my stuff of nightmares!

Edited by Sledgehead

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I typed 'house price crash' into google, i knew things were too high and had a thought i wonder if anyone writes about house price crashes on the internet, i was looking for statistics i was looking for discussion.... The first result was HPC....

Same here. I though houses where starting to get too expensive when I bought in 2000, but when trying too find a house to move to the south-west STR just suites my situation better.

Edited by Hairlocks

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I typed 'house price crash' into google, i knew things were too high and had a thought i wonder if anyone writes about house price crashes on the internet, i was looking for statistics i was looking for discussion.... The first result was HPC....

This is EXACTLY how I found the site too. :lol:

NDL

Same here. I though houses where starting to get too expensive when I bought in 2000, but when trying too find a house to move to the south-west STR just suites my situation better.

Ooohh hairlocks, that was freaky, we did the same thing at the exact same time!

*shudder*

NDL

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I only recently caught the house price bug, someone in the office mentioned nethouseprices.co.uk and I browsed for a while, fascinated, and then ended up on housepricecrash, probably a google search.

My next door neighbour (I'm renting) bought for 114,950 in Aug 2003 and is now asking 184,950. He has put decking down in the back garden, so he certainly earned that 70,000.

Many interesting points of view on HPC. Not all of which are related to house prices.

I have to watch my tendency to end up burying krugerrands in the back garden and stocking up on tinned food and shotgun ammo, there sure are some doom-mongers on this site. But who knows? Who in 1913 predicted the end of the German, Austrian, Russian and Turkish Empires by 1918?

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I used MSN to try to get a graph of house prices to show a muppet in work that house prices can go up and down. He is in his 50's, has been an O/O during his entire working life, but denies negative equity has ever existed outside of London.

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I found this site through being pi$$ed off that we couldn't afford any house in the vilaage that we live. I lurked for a good 6 or so months though as I thought I'd make myself look stupid compared to some of the peeps on here.

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Joined last year when I realised I'd sold before/in the middle of the boom (2001) when at the time I'd made 4x on my place bought in 1994. It got me interested in the whole economics of housing, this site proving to be a welcome salve to my wounds, though I recognise I was perhaps one of the lucky ones in some respects. I'm 35 now & bought a flat for 25k - about 2 times my salary at the time. Will we ever see this kind of ratio again? I'm unsure.

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I've been here from the beginning. Originally I was occasionally active on the old defunct FT Forum (since replaced with the current version of the FT Forum where moderators pick and choose which postings will make it on to the board). In those days there was someone called 'The Scream'. Very bright, very entertaining, very angry (or at least irritated much of the time). Anyone else remember the Scream?

Edit .... forgot to add that personally I'm waiting for the pub price crash to happen. It will be free drinks on me on opening night.

Edited by Alfie Moon

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  • 301 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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