athom Posted September 30, 2022 Share Posted September 30, 2022 Well f*** a duck it's finally really happening. For all the years between last being here fools have been telling me to buy [an average house at 15x average annual salary] at the fantastic [historically anomalous and sure not to last] interest rates. If I'd spent the last 10 years paying [mostly interest initially] mortgage repayments I'd have minimal equity still and be on a variable rate by now. Staring down the barrel of a gun pointed at my own foot. So I'm pleased to report I'm still mortgage free I just knew not to get sucked into this. Its just a shame the majority in the country weren't as circumspect as us types on here, as naturally the whole economy is going to get sucked down into a deep pit, pulling all of us with them. I don't even think any serious attempt to "bail out" the "too big to fail" housing market will be tried seeing how badly the tax cut went over with international markets/investors/lenders. How things pan out for renters when interest only BTLers fold in great numbers we'll have to wait and see. Try to buy your knockdown priced rental at auction I look forward to watching it unfold on the internets best home for housing bears! Quote Link to comment Share on other sites More sharing options...
BaldED Posted September 30, 2022 Share Posted September 30, 2022 I had been lurking since about 2005 but only really just joined. How did you manage to stay away for 11 years? Quote Link to comment Share on other sites More sharing options...
Social Justice League Posted September 30, 2022 Share Posted September 30, 2022 Welcome back athom. I'm sure you were on here when I first found this forum in 2006. Good timing, as things are going to get crazy real soon imo. Quote Link to comment Share on other sites More sharing options...
shlomo Posted September 30, 2022 Share Posted September 30, 2022 8 minutes ago, athom said: Well f*** a duck it's finally really happening. For all the years between last being here fools have been telling me to buy [an average house at 15x average annual salary] at the fantastic [historically anomalous and sure not to last] interest rates. If I'd spent the last 10 years paying [mostly interest initially] mortgage repayments I'd have minimal equity still and be on a variable rate by now. Staring down the barrel of a gun pointed at my own foot. So I'm pleased to report I'm still mortgage free I just knew not to get sucked into this. Its just a shame the majority in the country weren't as circumspect as us types on here, as naturally the whole economy is going to get sucked down into a deep pit, pulling all of us with them. I don't even think any serious attempt to "bail out" the "too big to fail" housing market will be tried seeing how badly the tax cut went over with international markets/investors/lenders. How things pan out for renters when interest only BTLers fold in great numbers we'll have to wait and see. Try to buy your knockdown priced rental at auction I look forward to watching it unfold on the internets best home for housing bears! Welcome back, what part of the country are you in? Quote Link to comment Share on other sites More sharing options...
rantnrave Posted September 30, 2022 Share Posted September 30, 2022 So what was the password in the end? Is it the same one as your bank account...? Quote Link to comment Share on other sites More sharing options...
athom Posted September 30, 2022 Author Share Posted September 30, 2022 2 minutes ago, shlomo said: Welcome back, what part of the country are you in? I'm in sunny Devon now. Its not shit here I have to say Quote Link to comment Share on other sites More sharing options...
athom Posted September 30, 2022 Author Share Posted September 30, 2022 (edited) 1 minute ago, rantnrave said: So what was the password in the end? Is it the same one as your bank account...? Edited September 30, 2022 by athom oh reason to edit. I forgot about that. Quote Link to comment Share on other sites More sharing options...
Orb Posted September 30, 2022 Share Posted September 30, 2022 What was your mother's maiden name again? Quote Link to comment Share on other sites More sharing options...
TheResponsibleHouseBuyer Posted September 30, 2022 Share Posted September 30, 2022 1 minute ago, Orb said: What was your mother's maiden name again? lol Quote Link to comment Share on other sites More sharing options...
athom Posted September 30, 2022 Author Share Posted September 30, 2022 1 minute ago, Orb said: What was your mother's maiden name again? whats with this nigerian vibe now? seems new Quote Link to comment Share on other sites More sharing options...
athom Posted September 30, 2022 Author Share Posted September 30, 2022 10 minutes ago, Social Justice League said: Welcome back athom. I'm sure you were on here when I first found this forum in 2006. Good timing, as things are going to get crazy real soon imo. 2008 was a hugely disappointing damp squib wasn't it. This one has all the makings of an impressive explosion. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 30, 2022 Share Posted September 30, 2022 You can reset your password. Quote Link to comment Share on other sites More sharing options...
TerryBoi Posted September 30, 2022 Share Posted September 30, 2022 22 minutes ago, athom said: Well f*** a duck it's finally really happening. For all the years between last being here fools have been telling me to buy [an average house at 15x average annual salary] at the fantastic [historically anomalous and sure not to last] interest rates. If I'd spent the last 10 years paying [mostly interest initially] mortgage repayments I'd have minimal equity still and be on a variable rate by now. Staring down the barrel of a gun pointed at my own foot. So I'm pleased to report I'm still mortgage free I just knew not to get sucked into this. Its just a shame the majority in the country weren't as circumspect as us types on here, as naturally the whole economy is going to get sucked down into a deep pit, pulling all of us with them. I don't even think any serious attempt to "bail out" the "too big to fail" housing market will be tried seeing how badly the tax cut went over with international markets/investors/lenders. How things pan out for renters when interest only BTLers fold in great numbers we'll have to wait and see. Try to buy your knockdown priced rental at auction I look forward to watching it unfold on the internets best home for housing bears! Hey, I just joined a couple of months back. Were you a big deal around these parts before ... When did you join and what was your big thing? My big thing is I'm American and I like MILFS. Quote Link to comment Share on other sites More sharing options...
athom Posted September 30, 2022 Author Share Posted September 30, 2022 1 minute ago, TheCountOfNowhere said: You can reset your password. Its the sort of weak retro password that doesn't need an app to store it so I'll leave it as is Quote Link to comment Share on other sites More sharing options...
TenYearToGetMyMoneyBack Posted September 30, 2022 Share Posted September 30, 2022 I have been around at least that long. I knew my username and password but ended up having to re-register. In the past most activity seemed to be on the homepage which sees very little activity these days. Personally I feel that I wasted over twenty years of my life due to unstable house prices. Ten years in a house I couldn't sell and then ten years as a Toy Boy watching my girlfriend / landladies house go up faster than I could save. After 3 enforced moves in three years I bought my own place which I have paid off. However, if prices went back to 2011 levels when I bought I could now make a very nice upgrade Quote Link to comment Share on other sites More sharing options...
athom Posted September 30, 2022 Author Share Posted September 30, 2022 2 minutes ago, TenYearToGetMyMoneyBack said: if prices went back to 2011 levels when I bought I could now make a very nice upgrade There was never any reason to celebrate house price inflation. Talking of which I wonder what property porn stars kirsty and phil are saying these days? Quote Link to comment Share on other sites More sharing options...
TenYearToGetMyMoneyBack Posted September 30, 2022 Share Posted September 30, 2022 2 minutes ago, athom said: There was never any reason to celebrate house price inflation. Talking of which I wonder what property porn stars kirsty and phil are saying these days? Was there a time limit on her eating her hat ? Quote Link to comment Share on other sites More sharing options...
athom Posted September 30, 2022 Author Share Posted September 30, 2022 1 minute ago, TenYearToGetMyMoneyBack said: Was there a time limit on her eating her hat ? I'll need to rejoin twitter just to tell her she looks like she's eaten a lot of hats lately. Seem like she's trying to look less like a cold industry shill now that her shits about to hit the fan, posing as a concerned peoples campaigner type instead Quote Link to comment Share on other sites More sharing options...
Social Justice League Posted September 30, 2022 Share Posted September 30, 2022 57 minutes ago, athom said: 2008 was a hugely disappointing damp squib wasn't it. This one has all the makings of an impressive explosion. Yeah, millions were on the road to hell and the final destination is approaching. Quote Link to comment Share on other sites More sharing options...
Bob8 Posted September 30, 2022 Share Posted September 30, 2022 1 hour ago, athom said: Well f*** a duck it's finally really happening. For all the years between last being here fools have been telling me to buy [an average house at 15x average annual salary] at the fantastic [historically anomalous and sure not to last] interest rates. If I'd spent the last 10 years paying [mostly interest initially] mortgage repayments I'd have minimal equity still and be on a variable rate by now. Staring down the barrel of a gun pointed at my own foot. So I'm pleased to report I'm still mortgage free I just knew not to get sucked into this. Its just a shame the majority in the country weren't as circumspect as us types on here, as naturally the whole economy is going to get sucked down into a deep pit, pulling all of us with them. I don't even think any serious attempt to "bail out" the "too big to fail" housing market will be tried seeing how badly the tax cut went over with international markets/investors/lenders. How things pan out for renters when interest only BTLers fold in great numbers we'll have to wait and see. Try to buy your knockdown priced rental at auction I look forward to watching it unfold on the internets best home for housing bears! You turn up after over eleven years and not a word of apology! We were worried, Bruce Banner has been in a state panicking about you. Quote Link to comment Share on other sites More sharing options...
athom Posted September 30, 2022 Author Share Posted September 30, 2022 6 minutes ago, Bob8 said: You turn up after over eleven years and not a word of apology! We were worried, Bruce Banner has been in a state panicking about you. Sorry bob! I don't know what I was thinking. Funny thing forums, just looked at the last post of the masked tulip. After 50 thousand posts that was it. Probably should be worried Quote Link to comment Share on other sites More sharing options...
Bob8 Posted September 30, 2022 Share Posted September 30, 2022 11 minutes ago, athom said: Sorry bob! I don't know what I was thinking. Funny thing forums, just looked at the last post of the masked tulip. After 50 thousand posts that was it. Probably should be worried Then were the days. Look at the posters these days, all dross :sigh: Quote Link to comment Share on other sites More sharing options...
athom Posted September 30, 2022 Author Share Posted September 30, 2022 2 minutes ago, Bob8 said: Then were the days. Look at the posters these days, all dross :sigh: lol well I've noticed there are a few estate agents on here again like this Stjames83 joker bless their deluded little minds Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 30, 2022 Share Posted September 30, 2022 1 hour ago, athom said: Its the sort of weak retro password that doesn't need an app to store it so I'll leave it as is Joshua? Quote Link to comment Share on other sites More sharing options...
athom Posted September 30, 2022 Author Share Posted September 30, 2022 10 minutes ago, TheCountOfNowhere said: Joshua? it should be "heart mother" but I've only just thought of it so its not that Quote Link to comment Share on other sites More sharing options...
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