to tell my friend that boasts every month about how much her flat is worth to piss off

[sarahighseas]

Have a friend that bought a council studio flat in London this year. She keeps bosting about how much her flat is work and its worth more the. My 3 bed in a beautiful part of the country. She added a door and painted a feature wall yellow and bang she's made 30k apparently. Every month she seems to think she's made 10k from doing nothing. Should I tell her to get lost and live in her council studio flat?

Ignore her, she's an idiot.

So her house is worth more, but she's not going to benefit from that unless she moves somewhere cheaper, as she has to live somewhere

What it's worth and what shel get are very different things

I would HATE a studio!!!

You just enjoy you lovely 3 bed in your beautiful part of the country and let her enjoy revel in her place

If she used zoopla that would be a lot more logical, she just looks at flats nearby for sale and says mine is nicer so must be worth 30 k more.

Your very right, just became something is up for x doesn't mean they will get x. Not sure why she annoys me with this but she does. She said she would hate to live in my house, but I'd hate her studio

It just sounds like she's had to pay crazy London prices for a teeny tiny studio and needs to feel better about it and is doing so by comparing yours unfavourably when you've obviously got the better deal.

Nod and smile. Maybe a mumsnet head tilt.

Just say 'how fantastic! That's great for you. Id really struggle to live in London'

Did she buy it at council discount then? In which case she probably has made a a shedload overnight, but it's boring to keep bragging about it.

Yep, just smile and nod, add in a 'hmm hmm', go back to your lovely home, and leave her in her deluded world that a door and a splash of yellow makes 30k.

Besides which, she's only made money once she sells it, and unless she can afford something bigger and better, or downsizing to a Tupperware box she's gaining nothing at all!

Once she had really bored me stupid, I would probably drop in something like:

'How lovely for you, but I'd feel so cramped in a studio flat. I like the space and fresh air out here in the country.'

I have a cousin in a very sought after part of London, with a very well-paid professional job. She's got a one bed flat, fairly 'compact' that she paid just shy of £500k for.

She constantly brings up the value of the flat when we see her and rams it down our throat. Constantly remarks how secure she now feels to have nearly half a million of property behind her, you can't really contend in the property market without that sort of amount, bla bla.

When she visits us now, I just make a fuss of her and offer her the choice of the two guest bedrooms which have views over our massive garden and ours is half the value of your fabulously expensive box, bitch

Cognitive dissonance. She paid lots of money for something she knows deep down isn't worth it (whatever the stupid London house prices say). So she reconciles this by inflating its value.

"Wow it's worth that much? Gosh I didn't realise you could get away with charging that much for such a small room, um flat, sorry. Of course it must be such a worry all the talk about the bubble and everything? Do you think you'll be ok when interest rates go up? Ah I'm sure you'll be fine, it's not like you want to move is it, negative equity is only important if you need to move! Now shall we go out to the garden, I do love the peace"

Well you could say bedsit type places don't usually hold their value as well as proper flats. Or something equally mean. But hopefully she'll stop boasting eventually without you having to resort to tactics.

Just ask her quietly when had she become so smug, it is a very unattractive trait . Then just add you have bought and live in a home and you have different values.

Pretty mean to start slagging off Londoners in tiny flats, though. Some of you sound just as smug.

I confess I mention how much our tiny terrace house in west London would probably sell for because it is completely ridiculous - I also always point out that it's Monopoly money, in that it means nothing if we want to stay here and that it means that there is no way my kids will be able to live where they grew up.

Our house 'made' more than DH and I earned last year, how can that be right or sustainable? I find it rather worrying. Your friend has just been caught up in this property bubble, does she rent the flat out? Is it an investment? Is she usually so tedious?

I agree, Paloma! Why does it bother you OP if what you have is bigger and better?

It bothers me as she calls other investment and goes on about how much she's made each month from it