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Uriah Heap

It's Been A Long Time

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Hi folks. I don't know if anybody is around who still remembers me but I used to be an avid reader and some time contributor to this site 8-10 years ago. It strongly influenced me to not buy a house back in 2003 when I had a pile of cash that could have been a deposit. Instead I started a business. The business has made me much less than the house would have done. But I wouldn't go back and change anything. Glad to see this site is still around and that my login still works.

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Just goes to show that the rewards have been from doing something unproductive as opposed to productive, such as creating genuine wealth in starting a business.

Sound like you might be unlucky with your location too, because houses in most provincial locations will be about the same in real terms as they were in 2003.

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Hi folks. I don't know if anybody is around who still remembers me but I used to be an avid reader and some time contributor to this site 8-10 years ago. It strongly influenced me to not buy a house back in 2003 when I had a pile of cash that could have been a deposit. Instead I started a business. The business has made me much less than the house would have done. But I wouldn't go back and change anything. Glad to see this site is still around and that my login still works.

I remember you!

But I did not know that this site had been around since 2003. You must have really been searching hard to find it back then.

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Sorry to say I don't remember you Uriah, but I wasn't here a decade ago. I found this site around 2005 (I had a different alias, but forgot what it was), and have rarely ventured back.

I remember starting a post-graduate job around 2003, and being a bit depressed by the rising house prices. I suspected the bubble would burst after a few years, but who could have predicted more than a decade later!

As fate would have it, I left the country in 2008, and moved again (still overseas) a few years later. I'm not saying the grass is greener (just a different shade), but not having rent or a mortgage to worry about is a luxury that not one of my friends or relatives in the UK can afford.

I rarely return to the UK, but went back recently and some of the changes seem quite stark. Food banks for starters; that was something I hadn't anticipated. The cities have also changed a great deal since I was young. They look great, far cleaner and modernised than I recall. Prices of food, clothes and goods are a bargain (compared to elsewhere in Europe), but it's nothing but big chain, after big chain; the specialist niche shops have all but gone. There's too much choice in the UK, whether it be shops, restaurants, TV channels - everything is geared towards 24/7 services. On demand TV, supermarkets opening into ridiculous hours in the morning. Don't misunderstand, it's very convenient, but what direction is this pushing people towards.

Has this whole house pricing bubble been carefully engineered from the outset, or just carefully managed? The government and the TV seem to be pushing an entire generation towards becoming mortgage slaves - I guess those in debt are easier to control. The house prices are simply insane.

I like the British culture and people, I love its countryside and history, but I don't think I could ever return.

Edited by You Ain't Seen Nothing Yet

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I understand There was site/forum in 2003 before this site had a domain name which users migrated from. I joined this site in 2004 a couple of months after it was created, other forum members are from 2003. Its pretty mad to think that was 10 years ago!

One of the conversations was a lost generation/Japanese style crash that locks people out for years with slowly falling prices. We have now had 10 years of that 18->25 year lost generation. For many people (in some parts of the country), the last opportunity to buy was 2002/03

Edited by AteMoose

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sounds like someone's account has been hacked if you asked me.

Just what I was thinking, extremely suspicious. I wonder if the mods can look into this? I would not underestimate the extent that VIs would go to in order to hold this teetering shambles together.

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