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Is it really that bad?

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Old Jul 11th 2012 | 11:51 pm
  #31  
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Default Re: Is it really that bad?

Originally Posted by sallysimmons
As for houses, I guess I don't get the obsession with making a profit. I was lucky to make a profit on my last house, but I didn't think about that when I bought it. My approach has always been not to buy a house until I know I want to be in that area for a good long while, and then only buy a house I love. Life is too short to worry about money that we can't take with us when we go - if we're lucky enough to live in a house we love, what more do we need? If we lose some value when we eventually sell, haven't we more than got our money's worth?(And if we can't afford a house we love, or aren't sure about staying, then we should be renting IMO).
That's it, Sally! It's about having a place we can afford and enjoy, preferably not more expensive than renting the same. It's not an investment, especially one expected to make a grand profit.

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Old Jul 12th 2012 | 3:11 am
  #32  
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Default Re: Is it really that bad?

Originally Posted by sallysimmons
As for houses, I guess I don't get the obsession with making a profit.
Perhaps because it's become so ingrained in British culture to "get on the housing ladder" as a way to wealth?
 
Old Jul 12th 2012 | 3:23 am
  #33  
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Default Re: Is it really that bad?

Originally Posted by Giantaxe
Perhaps because it's become so ingrained in British culture to "get on the housing ladder" as a way to wealth?
Perhaps so, people are very easily led.
 
Old Jul 12th 2012 | 3:34 am
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Default Re: Is it really that bad?

Originally Posted by sallysimmons
Perhaps so, people are very easily led.
Well, the reality post WWII is that owning a home has been the route to financial security in the UK. And at the same time, until relatively recently renting was something very much looked down on. So it kind of feeds on itself:- children often come under pressure from their parents to buy, for example.
 
Old Jul 12th 2012 | 6:31 am
  #35  
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Default Re: Is it really that bad?

Originally Posted by Giantaxe
I thought his was a well-reasoned post on the housing market. In contrast, merely saying "it's a good time to buy" just isn't very helpful, absent significant rationale for the opinion.
Well I was responding to the question of "Is it really that bad?"

The question was not about housing and so there was no need to extensively expand upon the theme.

A request for clarification would have been generously replied to.

What I state is my opinion. Take it or leave it.

I see houses around me being bought in reasonable time for fair market prices.

Last edited by J.JsOH; Jul 12th 2012 at 7:22 am.
 
Old Jul 12th 2012 | 6:39 am
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Default Re: Is it really that bad?

Woohoo, looks who's back

Originally Posted by Returnee
According to a BBC Panorama documentary: 'Britain today is suffering the longest peacetime slump in decades. Our economy is in a double-dip recession for the first time since 1975. Panorama asks whether Britain is ready and able to cope with a new age of austerity with surprising echoes of the 1970s.'
 
Old Jul 12th 2012 | 6:41 am
  #37  
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Default Re: Is it really that bad?

Originally Posted by Bevm
That's it, Sally! It's about having a place we can afford and enjoy, preferably not more expensive than renting the same. It's not an investment, especially one expected to make a grand profit.

Bev
Agreed, with prices low it is a good time to buy a house as a home to have a life in.
I don't get the greed reasoning of elevating prices often by build-on extensions in order to become ££ rich, it just means their next house, and that of their children will be that much more expensive. The bubble eventually bursts, as it has done to the misfortune of many.
 
Old Jul 12th 2012 | 6:56 am
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Default Re: Is it really that bad?

Same here, we don't know anyone out of work, everyone still goes on holiday and are happy.
If you read what some say on here you would think the whole population is depressed and on the verge of ending it all.
Its funny that where we were living In Australia the unemployment rate was 9% whereas where we are now it is 4.6%. I also saw a recent poll in Australia that said over 50% of people were worried about job security, the future and rapidly rising prices.
In answer to the original question, I will reiterate, No it is not as bad as some would like you to believe.

Originally Posted by N1cky
I've stopped reading all the stuff in the papers and just judge on the people I know. I have friends of all ages, living in various parts of the country and everyone I know is doing well. I have some friends in their late 20s who have just had a huge wedding and had a fantastic hoonymoon in Thailand and Singapore. I know people who have bought houses and sold houses, and absolutely no-one I know who wants a job, hasn't got one. I have some friends on maternity leave, and some who have quit to look after their children. I also have some friends who have just returned to the workplace after having children, they didn't seem to struggle to find jobs. I have some friends with really good jobs, and I have some friends with very average jobs.

I'm beginning to think the at least 95% of the people out of work, don't actually want to be in work. Or more actually don't want to be in the kind of work their education and knowledge qualifies them for.
 
Old Jul 12th 2012 | 7:36 am
  #39  
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Default Re: Is it really that bad?

Probably not as good as some would have you believe either.
 
Old Jul 12th 2012 | 8:48 am
  #40  
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Default Re: Is it really that bad?

Originally Posted by Bud the Wiser
Probably not as good as some would have you believe either.
I think when you're trying to determine fact from fiction, you can only listen to the people who actually live here. I don't think anyone is painting a fake rosy picture - what would be the motivation? each of us is just describing the situation of our friends and family. The OP will have to put that data into the pot and determine his/her own perspective. All we can each do is tell the truth and I for one won't make up bleak stories just for the sake of it. It's 8% unemployment, so let's not act like its 80%.

I can tell you from my perspective, having just come back from a country drive stopping for dinner in a Yorkshire Dales pub, that from my perspective it really is that good. I don't remember the last time I was this content with my life
 
Old Jul 12th 2012 | 8:58 am
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Default Re: Is it really that bad?

Absolutely. Should I say we are finding it expensive or our friends are all miserable and unemployed or the people we meet are rude ?
We had to wait 3 weeks to get broadband which wasnt good.
We got home today after a spot of shopping, walked the 3 minutes down to the pub and had a steak and ale pie for lunch, pure bliss.
You summed it up Sally, contentment is what it is all about and we are in a good place at the moment.

Originally Posted by sallysimmons
I think when you're trying to determine fact from fiction, you can only listen to the people who actually live here. I don't think anyone is painting a fake rosy picture - what would be the motivation? each of us is just describing the situation of our friends and family. The OP will have to put that data into the pot and determine his/her own perspective. All we can each do is tell the truth and I for one won't make up bleak stories just for the sake of it. It's 8% unemployment, so let's not act like its 80%.

I can tell you from my perspective, having just come back from a country drive stopping for dinner in a Yorkshire Dales pub, that from my perspective it really is that good. I don't remember the last time I was this content with my life
 
Old Jul 12th 2012 | 9:34 am
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Default Re: Is it really that bad?

Originally Posted by sallysimmons
I think when you're trying to determine fact from fiction, you can only listen to the people who actually live here. I don't think anyone is painting a fake rosy picture - what would be the motivation? each of us is just describing the situation of our friends and family. The OP will have to put that data into the pot and determine his/her own perspective. All we can each do is tell the truth and I for one won't make up bleak stories just for the sake of it. It's 8% unemployment, so let's not act like its 80%.

I can tell you from my perspective, having just come back from a country drive stopping for dinner in a Yorkshire Dales pub, that from my perspective it really is that good. I don't remember the last time I was this content with my life
All you can do is tell the truth from your own prespective. No more no less. I don't think anyone is painting a fake bleak picture either, what would be their motivation? Always best to take on as many views and opinions as posssible to try and obtain a balance of information.
 
Old Jul 12th 2012 | 9:51 am
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Default Re: Is it really that bad?

Individual circumstances is what affects your life.

My life in the UK, husband has job in industary not affected by recession, no need to sell house, mortgage goes down because of low interest rates, live in small town with fantastic schools, very clean, safe with friendly people, friends in similar position as us.

How my life could be in the UK, husbands job badly affected by recession, loses job, struggle to pay mortgage, need to sell in negative equity, live in not so nice area of large city, hard to get into good schools, isolated from people, many friends in similar position.

I could easliy change the country to the US or AU or every other country, or have I got it wrong, this isn't a world recession.

I live in a very good area of Las Vegas, everyone I know has jobs, nice houses and the local schools are really good. It is very very clean, people smile and its generally a nice place, is every going to tell me the US is fantastic and isn't suffering from the recession and its all rosy and fab.

You only have to look at the different experiences people who have returned are having. Some say its fantastic and dream. Others say its been to hard to get a job, the are struggling and they wish they had never returned.

I would advise doing as much research as possible into where you would want to return to and how you will support yourself, that would give you a better idea of how life would be for you back in the UK.
 
Old Jul 12th 2012 | 10:01 am
  #44  
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Default Re: Is it really that bad?

Originally Posted by Homeiswheretheheartis
Individual circumstances is what affects your life.

My life in the UK, husband has job in industary not affected by recession, no need to sell house, mortgage goes down because of low interest rates, live in small town with fantastic schools, very clean, safe with friendly people, friends in similar position as us.

How my life could be in the UK, husbands job badly affected by recession, loses job, struggle to pay mortgage, need to sell in negative equity, live in not so nice area of large city, hard to get into good schools, isolated from people, many friends in similar position.

I could easliy change the country to the US or AU or every other country, or have I got it wrong, this isn't a world recession.

I live in a very good area of Las Vegas, everyone I know has jobs, nice houses and the local schools are really good. It is very very clean, people smile and its generally a nice place, is every going to tell me the US is fantastic and isn't suffering from the recession and its all rosy and fab.

You only have to look at the different experiences people who have returned are having. Some say its fantastic and dream. Others say its been to hard to get a job, the are struggling and they wish they had never returned.

I would advise doing as much research as possible into where you would want to return to and how you will support yourself, that would give you a better idea of how life would be for you back in the UK.
I agree with this. We are in the position where there are very very few positions in the UK for my hubby. Where as in Silicon Valley you fall over companies who would like to hire him. We will never be able to go back through choice, simply because of this fact.
 
Old Jul 12th 2012 | 10:09 am
  #45  
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Default Re: Is it really that bad?

Originally Posted by Homeiswheretheheartis
You only have to look at the different experiences people who have returned are having. Some say its fantastic and dream. Others say its been to hard to get a job, the are struggling and they wish they had never returned.

I would advise doing as much research as possible into where you would want to return to and how you will support yourself, that would give you a better idea of how life would be for you back in the UK.
Amen. We all have different circumstances and needs and we all need to take an honest look at our individual situations to determine what's best for us.

But what I would say is that if a person is truly unhappy living away from the UK, they shouldn't let 'practicality' deter them from coming home. We're a long time dead.
 


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