to think taking about how much you've "made" from your property is vulgar and rude

[brt100]

Firstly you haven't made anything unless you move and secondly this money isn't magiced out of thin air - people below the chain have to pay for it by working longer,having 35 year mortgages and having less of a life while they pay it back.

Also its really inconsiderate braging in front of people that cant afford to buy!

I think it was ghandi that said there is no greater evil than money earnt without work

Rant over, just had a friend round and I'm still fuming. Its bad enough at dinners

Duck you are talking total right wing bollocks. People benefitting from rising house prices is pure luck! My DH bought a flat at the height of the last boom and lost £14k on it.

I also grew up in social housing soon. The 1st house was damp but our subsequent house was fine. Mum was also able to move into a lovely 2 bedroom bungalow with a warden close by. I, on the other hand was lucky enough to buy and uunfortunately sell before house doubled.
Either option is ok. Renting does not make you any less of a success tha buying. Despite what a supposed friend said to my mum. Basically saying my dad was a failure because he wasn't able to buy a home.

so the house she owns has gone up in value....so she sells it any buys another house which has also gone up in value.

so where is her gain? she still needs a house to live in!

rising house prices benefit people with more than one house and the beneficiaries of people who die.

Duck is a total idiot, the people I know that have had the most gains were people that left school at 16 to do min wage warehouse work. Where as the people that studiedfor a degree found they had risen too much when they got this first job.

Its all abou timing and luck, no skil.

Rising house prices destroy wealth, the don't create it.

Rising house prices destroy wealth, the don't create it.

You just sound bitter and nasty.

Can't you just be happy for your friend?

Happy for what? That's she's made paper gains from doing nothing while a whole generation are priced out? Nasty?

Well perhaps she would no longer classify you as a friend if she knew what you were thinking and saying about her.

Maybe op should only have friends who are renters but as soon as they become owners they disqualify as her friends.

Maybe you shouldnt be friends then! I wouldnt want to be your friend if this was how you felt about me secretly, and i dont even own a house!

Lol I'm a bad friend because I don't like braging about wealth to thoes less fortunate?

Yabu and your posts make you sound unhinged tbh.

Have you told your friend how you feel?

(Btw I earn 60K and didn't go to University).

jealousy is a playground emotion.

You seem jealous and resentful and don't seem to like her much. If this is how you talk about your friends behind their backs I don't think I'd want a friend like that.

If you don't like it and value your friendship you could try talking to her about it but I suspect it's easier to criticise her on an anonymous forum.

Er...or perhaps boasting about how much you got isn't precisely helpful for a friendship? Especially when you know your friends can't even afford to buy, let alone sell houses for a profit?

If I was in better circs than my friends, flaunting it at them would be the last thing on my mind. I don't generally think people who are less well off than me want to hear every detail of my riches (such as they are). The OP isn't jealous/bitter/consumed by class envy/whatever because she doesn't want her mates saying how they have these fantastic property deals and oodles of money when she doesn't. If you're someone's pal you try not to make them feel bad.

Of course you try not to make your friends feel bad, but I'd hope any friends who did feel that way would talk to the people who'd upset them.

I see my home as an investment so I keep up with the market, and even (gasp) have an agent come out from time to time to let me know what the current value is. If I'm planning on making changes I call my agent and have a chat to make sure I won't be over capitalising. I also go to open homes in the area when they are on to have a look and compare with my home. My home is part of my retirement planning, so I like to know what is happening. For those that do own property, it's usually the biggest item of value you own, so why wouldn't you manage it sensibly and know what it is worth?

I dunno - I do agree with you but I think it would be tricky to put into practice. ""You know how DP and I rent our flat and struggle to make the rent payments every month? And you're selling your house for £££££? Could you not talk about it please because you're making us feel terrible?"

I think the onus is on the better-off person to realise that not everyone is doing fantastically well and be a bit sensitive. It's not incredibly difficult to do.

Yes I can see where you're coming from there but if you can't be honest with friends I'm inclined to question the value of the friendship. Tough one.

Unless you are selling and not buying another property you don't actually "make" anything.

If your current property's value have, for example risen by 50% the property you wish to purchase will have also risen by 50 % so I dont actually understand why anyone would get excited by it

YANBU. Many people are not as fortunate as you and I am to have a house we own or are buying. A house should be a place to live in not a speculative investment.

OP have you told your friend you cant afford to buy or are they meant to be a mind-reader? I rented for years because I wanted too, not because I had to. I liked the freedom of renting, being able to move countries whenever I had the urge. I was always interested in who owed how much on their mortgages, what their houses were worth etc ok obviously nosey so I think YABU and a brat about it.

'Being a homeowner is hard work'

I've heard it all now!

love,
A Homeowner