Originally posted by original PM
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Reply to: Are homeowners destined for hell?
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Previously on "Are homeowners destined for hell?"
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Got to love Cammy and Osbourne, "How can we wrap up a 95% mortgage and tell them it was our idea?"
"I know, lets call it 5% help-to-buy!"
qh
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Originally posted by DirtyDog View PostI saw that film. It was crap.
but yes as other have said there is only a bubble if you want to bail out and make money...
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I am a home owner. I bought my home 16 years ago.
I have no intention of moving in the short to medium term.
Therefore short to medium term house prices movements don't bother me. Nor should they bother the other 80% - 90% of home owners who also have no intention of moving.
Is it a bubble? Nobody knows. If it is a bubble then who would it effect? First time buyers and BTL landlords would be my guess.
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Should something be done about non residents like me? I.e. owning two houses in the UK and living in neither?Last edited by scooterscot; 12 November 2013, 11:45.
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not yet and not for a long time neither. there is no bubble - just a bit of spittle.
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Originally posted by Jeff MagintyAh, darling mudskipper, thankyou for the biblical reference.
Have to admit I'm not familiar with the story of Jacob's Ladder. Although I count myself as a Christian and I believe in Christian values, the Bible is still on my reading list and I have yet to read it cover-to-cover. I have read the Bhagavad Gita (which is sublime!) and The Bible is on my list to read. I respect all faiths.
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Originally posted by Jeff MagintyThere is no bubble. Er, I mean: there is no ladder, just a pile of bricks.
Q) What's the difference between a house seller and a house buyer?
A) The letter "S", as in: Seller = SMUG, Buyer = MUG
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Originally posted by Jeff Maginty View PostDiscuss.
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