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Post by mowlick on Mar 21, 2024 14:23:32 GMT
You buy a property, look at the repayments and think Jesus Christ, I can't afford to breath but hang on for a bit and inflation nibbles away and in the end you make the last payment at the cost of a round of drinks.
Thoughts ?
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Post by notoriousnobbi on Mar 21, 2024 14:52:05 GMT
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Post by Hnefahogg on Mar 21, 2024 14:52:51 GMT
It's always recession for me.
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Post by mowlick on Mar 21, 2024 15:00:03 GMT
It's always recession for me. Don't be so depressing. That is Nobbi's job |
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Post by notoriousnobbi on Mar 21, 2024 15:09:49 GMT
It's always recession for me. Don't be so depressing. That is Nobbi's job I am a PDC (professional depression creator) with 3 diplomas, I learned from the greatest! James Blunt: "Misery sells" |
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Post by uncreative (I/Me) on Mar 21, 2024 15:10:18 GMT
It's nice isn't it? I was paying about $3,000 a month just for the mortgage originally. Not including taxes or insurance. A few years later COVID comes along with super low interest rates so I refinance and the mortgage payment drops $800.
Then inflation hits and my paycheck goes up along with it. My shitty old apartment rents for about as much as my total payment on a 3 bedroom house now.
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Post by PaulsLaugh on Mar 21, 2024 16:26:12 GMT
That’s what attempting to own land does to folks. Dirt belongs to the earth. You think it’s yours, but it will outlive you. And you can live on it for free.
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Post by mowlick on Mar 21, 2024 20:10:07 GMT
That’s what attempting to own land does to folks. Dirt belongs to the earth. You think it’s yours, but it will outlive you. And you can live on it for free. Please, enough with the hippy dippy flowers in your hair crap. That was ok when we were kids and trying to get into a lass' pants, but we are grown men and women now with children of our own to launch. So sod world peace and such, the question is how do we get the best returns on our money for the least effort ? |
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Post by PaulsLaugh on Mar 21, 2024 21:25:15 GMT
That’s what attempting to own land does to folks. Dirt belongs to the earth. You think it’s yours, but it will outlive you. And you can live on it for free. Please, enough with the hippy dippy flowers in your hair crap. That was ok when we were kids and trying to get into a lass' pants, but we are grown men and women now with children of our own to launch. So sod world peace and such, the question is how do we get the best returns on our money for the least effort ? Homeownership isn’t worth it if it stresses people out too much. |
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Post by mowlick on Mar 21, 2024 22:47:33 GMT
Please, enough with the hippy dippy flowers in your hair crap. That was ok when we were kids and trying to get into a lass' pants, but we are grown men and women now with children of our own to launch. So sod world peace and such, the question is how do we get the best returns on our money for the least effort ? Homeownership isn’t worth it if it stresses people out too much. It does not stress me out.
If prices are rising I can sell and if they are falling I just sit in the garden and wait for the next upturn.
Your problem, if you will pardon me for saying so, is that you are an American. And Americans tend to confuse making a shilling or two with running around like a blue bummed fly
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Deleted
Deleted Member
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Post by Deleted on Mar 22, 2024 12:11:09 GMT
You're a tool. Is that a thought?
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Post by Carl LaFong on Mar 22, 2024 12:20:49 GMT
Of all the days to start this thread: www.bbc.co.uk/news/uk-68625344The energy price crisis caused the sharpest increase in UK absolute poverty in 30 years, new figures show. Steep prices rises, following Russia's invasion of Ukraine, meant hundreds of thousands more people fell into absolute poverty. The figure jumped to 12 million in 2022-2023, a rise of 600,000. This means the rate of absolute poverty in the UK now stands at 18% - a rise of 0.78 percentage points. |
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Post by mowlick on Mar 22, 2024 22:09:16 GMT
Of all the days to start this thread: www.bbc.co.uk/news/uk-68625344The energy price crisis caused the sharpest increase in UK absolute poverty in 30 years, new figures show. Steep prices rises, following Russia's invasion of Ukraine, meant hundreds of thousands more people fell into absolute poverty. The figure jumped to 12 million in 2022-2023, a rise of 600,000. This means the rate of absolute poverty in the UK now stands at 18% - a rise of 0.78 percentage points. Folk are always falling into poverty.
The solution is not to log onto the BBC. Auntie is ok, but she does like a bit of misery porn
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tommcclarey
Nick Nack
Preferred pronouns: He/Him
Posts: 165
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Post by tommcclarey on Mar 23, 2024 11:26:05 GMT
It's obvious the OP has never actually purchased a property before if he thinks inflation makes mortgage repayments easier.
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Post by Carl LaFong on Mar 23, 2024 13:15:03 GMT
Of all the days to start this thread: www.bbc.co.uk/news/uk-68625344The energy price crisis caused the sharpest increase in UK absolute poverty in 30 years, new figures show. Steep prices rises, following Russia's invasion of Ukraine, meant hundreds of thousands more people fell into absolute poverty. The figure jumped to 12 million in 2022-2023, a rise of 600,000. This means the rate of absolute poverty in the UK now stands at 18% - a rise of 0.78 percentage points. Folk are always falling into poverty.
The solution is not to log onto the BBC. Auntie is ok, but she does like a bit of misery porn
You should have “I’m Alright, Jack” engraved on your headstone. I suppose it is the Tory credo after all. |
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