Imp Posted August 10, 2006 Share Posted August 10, 2006 I had a conversation with a colleague at work the other day. He owns his own home and has bought another in some far flung country as an investment. He said he was worried about the size of his mortgage repayments. Whilst I, without any home of my own, can live for 3 years at my current quality of life off my savings. At the moment, not owning a home, I seem to have more security than the home owners. And I just splashed out on the best looking car ever built, without using credit. (smug grin) Quote Link to comment Share on other sites More sharing options...
Imp Posted August 10, 2006 Author Share Posted August 10, 2006 What's the car then pal? Mark 2 Jaguar in British Racing Green Quote Link to comment Share on other sites More sharing options...
enworb Posted August 10, 2006 Share Posted August 10, 2006 Mark 2 Jaguar in British Racing Green I thought you meant a Noble M400 Quote Link to comment Share on other sites More sharing options...
Imp Posted August 10, 2006 Author Share Posted August 10, 2006 I thought you meant a Noble M400 Don't be silly, some of us have taste. Quote Link to comment Share on other sites More sharing options...
enworb Posted August 10, 2006 Share Posted August 10, 2006 Whilst I, without any home of my own, can live for 3 years at my current quality of life off my savings. At the moment, not owning a home, I seem to have more security than the home owners. Some home owners, certainly not all. What about when home owners own their homes outright. You will still be paying rent while they own a home, and save up enough cash in a couple of years to buy a nice car. If you mean people who have recently bought you are probably right, but in less than 25 years they may have the last laugh. Quote Link to comment Share on other sites More sharing options...
Imp Posted August 10, 2006 Author Share Posted August 10, 2006 My personal situation, planning to emigrate in April, means I am not interested in buying a house. The car doesn't have spokes, but the steel wheels. Still looks georgous and is easier to keep clean. Quote Link to comment Share on other sites More sharing options...
enworb Posted August 10, 2006 Share Posted August 10, 2006 http://www.bbc.co.uk/coventry/content/imag...gallery.shtml?9 Let's just remind each other how good these look. Does it have spokes as well ? I was half expecting to see a coffin inside it. The mark 2 Jag looks like a hearse Mind you, in British racing green..... Quote Link to comment Share on other sites More sharing options...
OLDFTB Posted August 10, 2006 Share Posted August 10, 2006 This started out as a nice thread about how owning prperty does not necessarily guarantee security then it when downhill rapidly into boring old car talk. Quote Link to comment Share on other sites More sharing options...
House Or Home Posted August 10, 2006 Share Posted August 10, 2006 The things you own end up owning you Quote Link to comment Share on other sites More sharing options...
Unexpected Posted August 10, 2006 Share Posted August 10, 2006 The things you own end up owning you Well said. To avoid this try to avoid owning things you are proud of. For example, I own a horrible p reg volvo 440 which I hate so I never clean it or service it EVER. I join my colleagues in slagging it off and laughing at the rust on its wheel arches. Quote Link to comment Share on other sites More sharing options...
Londoner Posted August 12, 2006 Share Posted August 12, 2006 I don't think there will be many people here who share you sentiments. Think about it: The people who want a HPC to occur do so mainly because THEY WANT TO BUY A HOUSE. They just don't want to pay a certain price and want to see prices fall. Then they will buy. Quote Link to comment Share on other sites More sharing options...
PogoLocky Posted August 12, 2006 Share Posted August 12, 2006 I don't think there will be many people here who share you sentiments. Think about it: The people who want a HPC to occur do so mainly because THEY WANT TO BUY A HOUSE. They just don't want to pay a certain price and want to see prices fall. Then they will buy. Yes i agree and they will carry on saying there will be a HPC as they have for the last few years. These whats become known as mini crashes a little drop thats been happening on occaisions could be some sort of example a little drop of say 1% brings a few buyers in then the market picks back up. Quote Link to comment Share on other sites More sharing options...
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