Great, just great

[vampireuk]

We just got a offer for our old house £40,000 a insane ammount of money for that house. I was expecting at most £20,000, however rising house values have put the house price up by a high level. So if we accept that will be a nice £40,000 we have in the bank, what should be done with it I hear you ask. Well we have a bunch of loans and crap, a huge ammount of loans. So much that the parents are griping on about crap at me, we could pay off the loans, freeing up A LOT of money, and generally not having to worry about making ends meet. What do they plan to do with it though? Buy another fricking house, they want to buy another house, do it all up and sell it on. The housing market is bound to crash back down to earth and some point, why are they risking so a large ammount of cash on something that can just collapse in a matter of days? I swear it makes no bloody sense to me, if they f*ck up thats even more money going on loans to pay for a stupid venture.:mad:

[SurfMonkey]

Tell me about it. I've just bought a house in Stony Stratford for the ungodly sum of £116k, for which I wouldn't have paid more than £50k givent the choice. My bro's just bought a house in Lemington Spa for an even more insane £185k. And then my mother's house (she has just passed away) in North Wales has just been valued at £220k, and she paid ~£30k for it. But that mean we'll probably get hammered for inheritance tax which means we'll have to sell everything anyway. :(

Meanwhile I still have ~£20k of debt from Uni and now my credit card has just gone into freefall. I seem to be haemorrhaging money faster than I'll ever earn it. The UK is just far too expensive a place to live at the moment.

[DaveW]

Unless you live in Wales? :) I doubt they have broadband there though, which is a very important consideration when deciding on a new home.

[SurfMonkey]

Originally posted by DaveW
Unless you live in Wales? :) I doubt they have broadband there though, which is a very important consideration when deciding on a new home.

We barely have electricity, never mind broad band :) The best thing about the house is its location. It's near the Afon Llugwy right opposite the ruins of Llewellyn ap Grufydd ap Mawr's (The last true prince of Wales) birthplace - Castell Dolwyddelan. We have our own salmon spawning river that runs right by the house, and there's about 10 acres of garden and wooded land around us.

But if you want to get a job, especially IT based, then you're absolutely screwed. The major employer is the service industry - read tourism, in which the pay is sh1te and you get treated like third rate citizens (I ran a hotel for two years). Alchoholism and depression are the two main killers and for one week out of every four at christmas we were cut off from the real world (sic).

But during the summer it's absolutely beautiful and you can almost forgive it for being an absolutley life hating biatch during the winter. But I don't think I could ever live there ever again. When I do go back for a visit now it's really awkward between myself and my old mates. I've been to Uni, got a degree in AI, and now earn over three times as much as most of them. And this is my first job since leaving Uni.

But anyway, if you feel like having a holdiay in rugged and beautiful landscape I know where there is a house you can rent. It's beautifully positioned and doesn't cost much. There's no mobile phone signal and the nearest neighbour is about a mile away. Perfect for that reclusive holiday :D