Comments by "Roger Smith" (@rogersmith8339) on "House prices plummet." video.

@clivebaxter6354 The simple answer is to buy a sensible sized house in an ordinary area like I have in the past. You can then pay off the mortgage really quickly and live pretty comfortably on your pay or even retire early like I did. I am reluctant to mention the 40 foot sailing yacht I bought just before retiring at 62 in case people think I am or was rich or had a fancy job, neither of which is at all true. I was just tight with my money and never fell into the trap of wasting it on fancy cars etc.
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 @twistedsister2568 My other half rents her house out and the way it gets treated by many tennants is shocking. Why tennants cannot be made to look after the property I cannot understand.
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Sadly with the way people seem so happy to get into debt just to have the latest of everything and get meals delivered, many do not really own anything and believe that they are happy because of all the material things round them. That is a major cause of many of the problems around us today.
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@topfuelteddy My carefulness with money came from growing up pretty poor (in poverty it would be called today). My 4 siblings have all done pretty well for themselves too.
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@clivebaxter6354 That is why it is so important to pay your mortgage of asap. It was like a £1500 a month pay rise when I paid mine off and that went straight into my company pension and was boosted by them adding to it in proportion.
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@RecoveringPessimist1 We certainly don't need many more people on this island, just look at how busy the roads are in most cities and towns and how good farmland is being built on. The current economic model that relies on an ever increasing population and thus market but anyone knows you cannot go on forever like that.
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@sonyasmith1991 I don't think you fully understood what I was saying about the cost of producing food. There is a big lag between preparing the ground and sowing the seeds and harvesting the crops. The harvesting might be a little cheaper this year but that doesn't change the fact that the crops cost twice as much to grow.
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@sonyasmith1991 I don't think many people really grasp how all that stuff works.
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russmartin4888 You ought to see the area where one of my sisters lives, when she first moved there it was pretty rough but it gradually started to get better. Of late it has gone to rats again with 4 or 5 dumped cars parked (?) in the restricted parking area behind her house. They all seem to be owned by one of the local chavs. For some reason you don't see many non locals round there.
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Dropping house prices is long overdue, the prices have got stupid of late and the dodgy building companies have been raking it in by building poor quality houses in unsuitable places. A great time to buy a house knowing your mortgage repayments will soon drop and you can pay off the mortgage really quickly like I did back in the mid 80s when inflation and interest rates were genuinely high!
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@johnsmith-ht3sy Not sure about your numbers, but we do need to do something about our guests!
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@johnsmith-ht3sy I think you mean exploiting loop holes.
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Are food prices really that high? Or is it that they have been way too low for far too long to be genuinely sustainable?
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@@kevone08 And who do you want to replace them? We could very well end up with an animal farm situation. The best bet is to either infiltrate them or to try and avoid falling into the traps people seem so keen to these days.
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@sonyasmith1991 Nonsense to what and why?
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@ST_6656 Not at all, but too much is what people have brought on themselves.
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@sonyasmith1991 I am not sure how you think there is no reason for the higher than previously seen prices. There are numerous factors affecting food prices including the simple fact that many people are happy to pay more than they need to for things like fancy coffee etc.
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@rogertomkinson3546 Some of my meat is deer, oh, you mean dear, lol.
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@sonyasmith1991 Probably one of the biggest factors is fuel prices (some due to greed and some due to the war). A farmer I know was quoting that it was costing him twice as much last year to prepare and sow his fields as it had the previous year. Add to that the increased seed costs and you start to get the picture.
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@sonyasmith1991 Thinking about your mention of not living in a third world country, if we did, food prices would be lower due to low wages, less dependency on farm machinery and very often the fuel prices in those places are a fraction of what they are in the UK.
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@myuncle2 Building more houses works ok in relatively low density population countries like France and in fact house prices in some parts of France are ridiculously low. In the UK they are building plenty of houses but not really of a type that most people require because bigger houses make more profit. They are also building in totally unsuitable places. The UK was a much better place in numerous ways when the population was still around 50 to 60 million.
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@RecoveringPessimist1 They are there to make money, it is called capitalism. Personally I am not a fan of it in its present form because like with every other "ism" it has fallen prey to human nature and greed.
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