Originally Posted by Neil Clark
Hi all
Just goin to have a moan, sorry if it offends anyone..
It really gets on my goat when people keep saying that house prices are just about to fall, round here (Derby) they have been saying it for about 18 months and they keep rising at a higher rate than my wages!. The point i'm trying to make is the people moaning about house prices seem to me to run around in really nice expensive cars that they dont mind spending £xxx on a engine rebuilt etc.
I sold my cossie that i LOVED to get my first house deposit, the money came in very handy for the sale and running a old banger for 18 months really saved me loads of money on costs.
I think that if you want fast cars and friday/saturday drinking then sound and good on ya! but if you want a house that will ONLY go up in value then somethings got to give.
Sorry for my moan but had a really bad day at work and shuttin my own front door to the world does help quite abit.
Neil
Some of us bought are Houses a long time ago . No idea how you lads start these days my kids have no chance in the South. In the long run negative equity does no one any favours so a Price crash is the last thing thats required.
Paid 6.5k for my first House & Present one is over 410k.
My Brother lives in Derby (Mickelover) & is paying 420K for a House at the present time. Dont know the answer im afraid.
Rod