Originally posted by AtW
How big is your morgage? 
No suffering from mortgage envy here.
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£0.
No suffering from mortgage envy here. -
I asked Shimano105 because he turned permie recently....Originally posted by Lucifer BoxComment
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Anyone without a mortgage shows a lack of ambition when it comes to owning a large house.
It is accepted wisdom in the UK to buy a house well outside your own affordability levels and then live in poverty for the 1st 15 years until inflation has eroded the debt.
HTHComment
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It sounds to me like I have touched a bit of a "raw nerve" - has one just committed to a rather large mortgage by any chance ?Originally posted by shaunbhoyIn any 25 year period they only ever do go up. Of course you being a nomad, and presumably living in a hedge, don't have to consider the fact that wherever you live is going to consume money, and can therefore hypothesize till the cows come home about "buying power" and all the other buzzwords the grown-ups in your vicinity bandy about!
How factually sure are you that house prices (as in "real terms" prices) only ever go up ?Comment
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No.Originally posted by eternalnomad
I am factually positive that in "real terms", one has to have somewhere to live. If you can explain in "real terms", just how one evades shelling out cash in "real terms" to do that, I may consider dredging up an answer to your ridiculous request.How factually sure are you that house prices (as in "real terms" prices) only ever go up ?“The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain”Comment
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I take it that you are not factually certain they always go up then !Originally posted by shaunbhoy
I totally agree that everyone needs to live somewhere and accomodation doesnt come free.
However, my original assertions were
1) Renting can be cheaper than a repayment mortgage (and in some areas MUCH cheaper)
2) House prices do not always go up (which is a dangerous assumption made by a worryingly high proportion of house buyers in the UK which is helping to create a very dangerous property market for the unwary)
I seemed to have offended you in some way.....so as you insist on slinging personal insults around I can only conclude it must be the "wrong time of the month" for you
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Permie? ME? Don't make me...
Ok, I tried it out and quit after 2 weeks - now I'm 'back on the tools' contracting, thankfully.
Oh, and no m*rtgage either thank you!Comment
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There have been periods of sustained falls, both in real and absolute terms. Mid victorian with liberalisation of the market was one.Originally posted by eternalnomad
In real terms recently 74-77, 80-82, 89-96.
The trough in '96 was pretty much at the level of the peak of '74. And conicidentally '80.Comment
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Well show me a 25-year period when they have fallen then smarta*se! Or else stop waffling like Margaret Beckett!!Originally posted by eternalnomad
Another stick you have hold of the wrong end of. And it would take more than a lightweight like you to offend me sonny!Originally posted by eternalnomadI seemed to have offended you in some way.....so as you insist on slinging personal insults around I can only conclude it must be the "wrong time of the month" for you
Next!!
“The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain”Comment
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I am glad I havent caused any offence because that would put me in your league.Originally posted by shaunbhoyAnother stick you have hold of the wrong end of. And it would take more than a lightweight like you to offend me sonny!
Next!!
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