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Thats an interesting point, and I can see where those people are coming from, to be honest was bit worried about it too, but isn't everything relative and should people really be complaining about folks who have more than them, for having more? Because if so that could be a long chain... and if its accepted, is it also ok to complain about those who have less, for having less?
To your second point, maybe you could start a thread with that exact purpose? Strikes me as a decent one. A friend of mine managed to get a help to buy place which is a great little flat. He saved up the deposit by contracting/freelancing and then once he had enough in cash accepted a PAYE job to qualify for a mortgage. All with zero help from his family (his mum actually turned down buying her council place on ethical reason which is highly commendable).
I really am off now...
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nail on the head.
If you're getting something more expensive in the same area then the market dropping is to your advantage, as long as you can sell. So stop whining unless you're trying to cash out. If you are trying to cash out to another part of the UK, stop whining as even with these drops you have hit the jackpot.
I’ve chatted to a few people on the forum who see this thread as a bunch of smug cunts gloating about how much their house is worth while pretending to moan about it not being worth as much as they hoped. Their response to it is along the lines of fuck off you privileged prick, at least you’re not stuck in perpetual rent.
I kind of agree that we should be focussed on how people go from renting to home ownership and providing the wisdom of our experiences to that process rather than spending time on consoling people having to drop their price because of a slow market. I do have sympathy for that but when you look at how much it has still gained under your tenure, you have to admit that the drop you are experiencing now is not the end of the world. You can recoup the drop by passing the reductions to general house prices up the chain.