house prices are not irrelevant when you want to believe you're getting spontaneously wealthier
And this situation is sustainable forever with no effort. Ludicrous
(, Thu 1 Jun 2017, 14:27, Reply)
My house has risen in value by 64% in 5 years.
And we're getting a rail link to oxford and cambridge in a few years so that will increase it further nicely.
Just putting that out there to annoy you.
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Cerebus Sticky! Sticky! Stick! Stick!, Thu 1 Jun 2017, 15:34,
Reply)
You do realise
you're now socially obligated to give it to the state and spend the rest of your life shivering in a ditch?
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evil_andy Stick stick stick stick sticky sticky stick stick, Thu 1 Jun 2017, 16:08,
Reply)
House prices are only relevant if you sell the house.
If you've just lived in it for 50 years, and you intend to die in it, the price is completely irrelevant. But you're saying that such people are cunts, and your reasoning is that they've intentionally lived there so that the prices go up?
That's a demented thing to believe, unless your driven entirely by selfishness and envy, in which case its an entirely logical worldview.
In 50 years, the return on a house that you have been living in in basically fuck all; if they were investing for profit, they could have found something much more lucrative. But clearly, all those people with absurdly overpriced houses intentionally did this to fuck you over benny. You're right... they are cunts!
(, Thu 1 Jun 2017, 17:00, Reply)
no they arent, people want to believe they're building up a nest egg in their houses for their kids
When all they've done is pay off the mortgage and the price has gone up.
Mostly they havent questioned whether this is a wise or a sustainable thing to do because they thought they were getting richer. They saw all the council houses being sold off and house building plummet and they didnt bat an eyelid because they thought they were getting richer. And they've consistently voted for parties that have upheld these conditions because they thought they were getting richer.
And now they're moaning that their kids cant get on the property ladder. Well duh
(, Thu 1 Jun 2017, 17:16, Reply)
And that's everyone who owns a house is it?
Why aren't you angry about foreign investors buying property which they leave empty? You know the tax will be almost nothing to them right?
Why not be angry at the buy-to-let landlords? You know that land tax won't affect them right, it'll just be priced into the rent they charge.
So who is left? Ordinary people who buy and then live in houses. Why do you hate simple people who simply own a house?
(, Thu 1 Jun 2017, 17:51, Reply)