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The Word Is Spreading - Hpc Talked About At Work

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I've been covertly watching this site for a year and have never mentioned it to anyone. I already was sceptical about buying a house in the UK, and this site has reassured me that I am not mad to rent; at least, for now.

But today, at work, I overheared three colleagues discussing the HPC Forum and one was talking about selling his BTL in Slough. (He hasn't actually gone ahead and sold yet, though.) They were certainly sounding pretty "Bear-ish."

The reason I'm posting is that I think plenty of people watch the site, like me, without necessarily posting; but the conversation I heared today seems to suggest that word of this site may be spreading.

By the way - if you are one of the people I overheared today - sign up to the site and be counted! Or maybe you already have....

People may be waking up in this country.

By the way, I'm 36, male and earn an average salary as a teacher. In this area (Reading / Maidenhead / Slough) there are more and more "for sale" boards everywhere - some actually green with moss! And the local estate agent is, probably just like yours, an expert in conning the unwary and boasting of his "exploits." Most local EAs are barren, even on a Saturday, though as another thread pointed out, that doesn't mean much in the internet age.

For the record, I am saving, investing in shares, and NOT buying.

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I've been covertly watching this site for a year and have never mentioned it to anyone. I already was sceptical about buying a house in the UK, and this site has reassured me that I am not mad to rent; at least, for now.

But today, at work, I overheared three colleagues discussing the HPC Forum and one was talking about selling his BTL in Slough. (He hasn't actually gone ahead and sold yet, though.) They were certainly sounding pretty "Bear-ish."

The reason I'm posting is that I think plenty of people watch the site, like me, without necessarily posting; but the conversation I heared today seems to suggest that word of this site may be spreading.

By the way - if you are one of the people I overheared today - sign up to the site and be counted! Or maybe you already have....

People may be waking up in this country.

By the way, I'm 36, male and earn an average salary as a teacher. In this area (Reading / Maidenhead / Slough) there are more and more "for sale" boards everywhere - some actually green with moss! And the local estate agent is, probably just like yours, an expert in conning the unwary and boasting of his "exploits." Most local EAs are barren, even on a Saturday, though as another thread pointed out, that doesn't mean much in the internet age.

For the record, I am saving, investing in shares, and NOT buying.

Good stuff. Welcome. Btw, I'm loving your name! ;):rolleyes:

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I've been covertly watching this site for a year and have never mentioned it to anyone. I already was sceptical about buying a house in the UK, and this site has reassured me that I am not mad to rent; at least, for now.

But today, at work, I overheared three colleagues discussing the HPC Forum and one was talking about selling his BTL in Slough. (He hasn't actually gone ahead and sold yet, though.) They were certainly sounding pretty "Bear-ish."

The reason I'm posting is that I think plenty of people watch the site, like me, without necessarily posting; but the conversation I heared today seems to suggest that word of this site may be spreading.

By the way - if you are one of the people I overheared today - sign up to the site and be counted! Or maybe you already have....

People may be waking up in this country.

By the way, I'm 36, male and earn an average salary as a teacher. In this area (Reading / Maidenhead / Slough) there are more and more "for sale" boards everywhere - some actually green with moss! And the local estate agent is, probably just like yours, an expert in conning the unwary and boasting of his "exploits." Most local EAs are barren, even on a Saturday, though as another thread pointed out, that doesn't mean much in the internet age.

For the record, I am saving, investing in shares, and NOT buying.

welcome to the madness B)

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"Please sir, why are house prices so high? I don't think I'll be able to afford a house for years after I've left school."

"Well, Johnny, high house prices are good for everyone. Your parents are probably benefitting from it too. Best not to worry about it but if you really want to know, ask Mr Smith in the English department who owns a flat that he rents out to former pupils. He'll set you right."

EDIT: obviously directed at your colleague, not you.

Edited by aclwalker

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To continue with the (side) subject of education, one of my colleagues who teaches maths had a great activity on her whiteboard when I went into her room last week. It went something along the lines of:

"Today's Maths fact: 2 million people in Britain have £10,000 debts on their credit cards. If the rate of interest is.... then calculate the total credit charge per day, etc"

I just thought that was a great way to get children to consider the true implications of personal debt.

Indeed, on the Motley Fool website, they refer to them as "Debt cards" rather than "credit cards." Since I, too, adopted the new name, I've been using my Visa (Debt) card a lot less - honestly.

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You will not regret not buying right now. Welcome.

And don't let WAL tempt you. She is a terrible flirt.

Close to pornographic!!!

But we need some light relief on this site. Too many bad days :(

Ihave to admit though. This is one hell of a roller-coaster. The last 6 weeks I've never given up, but I was getting quite downbeat (my swearing probably doubled :rolleyes: ). This week has been amazing BUT Im not getting too excited yet. But the biggest factor out the lot is starting to go our way.

SENTIMENT!!!

I do want house prices to drop but what I want more is to go back to all those that doubted me and say.

NAA NAA NAA NAAA NAAAARRR!!!!! IN YYOUR FACE!!!

Strapper - Welcome aboard there is a new boat coming into dock :)

TB

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To continue with the (side) subject of education, one of my colleagues who teaches maths had a great activity on her whiteboard when I went into her room last week. It went something along the lines of:

"Today's Maths fact: 2 million people in Britain have £10,000 debts on their credit cards. If the rate of interest is.... then calculate the total credit charge per day, etc"

I just thought that was a great way to get children to consider the true implications of personal debt.

Indeed, on the Motley Fool website, they refer to them as "Debt cards" rather than "credit cards." Since I, too, adopted the new name, I've been using my Visa (Debt) card a lot less - honestly.

Or slavery cards. Although, we're soon to get a real slavery card, euphemised as an 'Entitlement Card'. i.e. If you don't toe the line you suddenly are not entitled to anything, like existing. :ph34r:

Edited by aclwalker

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Welcome (must..resist...smut....)....Strapin

I'm afraid I work with a load of sheeple mostly. Nice folks, very bright in general - gonna get burned real bad! Latest classic was a FTB who bought in late 2004 - they now want to move up the ladder, and risk loosing even MORE money. I tried to put them off back then, but now I just save my breath :rolleyes: .

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To continue with the (side) subject of education, one of my colleagues who teaches maths had a great activity on her whiteboard when I went into her room last week. It went something along the lines of:

"Today's Maths fact: 2 million people in Britain have £10,000 debts on their credit cards. If the rate of interest is.... then calculate the total credit charge per day, etc"

I just thought that was a great way to get children to consider the true implications of personal debt.

Indeed, on the Motley Fool website, they refer to them as "Debt cards" rather than "credit cards." Since I, too, adopted the new name, I've been using my Visa (Debt) card a lot less - honestly.

I've been toying with the idea of becoming a teacher.

Wouldn't it be great to become an economics / history teacher and teach the pupils the truth about the international bankers, and the central banks as a means of control.

Or some maths:

If you have a £10,000 deposit and the national currency devalues by 90% in real terms. How much house can you now buy measured in pre-debased pounds.

I would probably get fired pretty quickly but what the hey.

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Great anecdote. Welcome to the mosh pit.

If people at work are reading the HPC forum without you having mentioned it, does that mean we're all famous?

:lol:

frugalista

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I've been covertly watching this site for a year and have never mentioned it to anyone. I already was sceptical about buying a house in the UK, and this site has reassured me that I am not mad to rent; at least, for now.

But today, at work, I overheared three colleagues discussing the HPC Forum and one was talking about selling his BTL in Slough. (He hasn't actually gone ahead and sold yet, though.) They were certainly sounding pretty "Bear-ish."

The reason I'm posting is that I think plenty of people watch the site, like me, without necessarily posting; but the conversation I heared today seems to suggest that word of this site may be spreading.

By the way - if you are one of the people I overheared today - sign up to the site and be counted! Or maybe you already have....

People may be waking up in this country.

By the way, I'm 36, male and earn an average salary as a teacher. In this area (Reading / Maidenhead / Slough) there are more and more "for sale" boards everywhere - some actually green with moss! And the local estate agent is, probably just like yours, an expert in conning the unwary and boasting of his "exploits." Most local EAs are barren, even on a Saturday, though as another thread pointed out, that doesn't mean much in the internet age.

For the record, I am saving, investing in shares, and NOT buying.

Oh, you can wait for ages if you like. The UK and world economy seems to be ticking along fine, I actually think that China raising their IRs could be one of the best thing that happens to the world economy also. While I think falls in real terms could be likely, I reckon you'll be disappointed if you're holding out for substantial nominal loses.

Have you ever thought that by renting, you are fueling BTL demand? It's not always the best option, especially if prices are rising/stable in nominal terms.

All IMO, of course.

;)

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Someone where I work was talking about a recession yesterday: apparently the local used Ferrari dealer has gone bust, which may be a sign that people don't have as much money to throw at non-essentials anymore.

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i've never heard anyone mention this website....but in my town i've seen fliers for the site attached to lamposts........and I think ''Sign of the Times'' may have put then there..............

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i've never heard anyone mention this website....but in my town i've seen fliers for the site attached to lamposts........and I think ''Sign of the Times'' may have put then there..............

If someone ran up a flyer, I'd put them up around where I live and at work too. I'm sure others would to.

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Libitina - this is a good idea. If someone with some design talent made a standard sticker for the site and posted it up here we could all download it, print it out and stick it on lamposts and so on. I think the label shouldn't say much, it should just have 'housepricecrash.co.uk' in some kind of eye-catching font on some funky-looking background. Anyone have good design skills? I have zip but 'I know it when I see it'! :)

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Libitina - this is a good idea. If someone with some design talent made a standard sticker for the site and posted it up here we could all download it, print it out and stick it on lamposts and so on. I think the label shouldn't say much, it should just have 'housepricecrash.co.uk' in some kind of eye-catching font on some funky-looking background. Anyone have good design skills? I have zip but 'I know it when I see it'! :)

Ask clagnuts he draws :D

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"Please sir, why are house prices so high? I don't think I'll be able to afford a house for years after I've left school."

"Well, Johnny, high house prices are good for everyone. Your parents are probably benefitting from it too. Best not to worry about it but if you really want to know, ask Mr Smith in the English department who owns a flat that he rents out to former pupils. He'll set you right."

EDIT: obviously directed at your colleague, not you.

:lol::lol:

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  • 334 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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