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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Original poster

to want everyone to shut the feck up already about a recession as we seem to be talking ourselves into one?

81 replies

Oliveoil · 15/04/2008 10:11

AND I want to sell my house and need my equity to emigrate?

so piss off everyone in the media

and piss off everyone basically

apart from my first time cash buyer [dreams]

OP posts:
harpsichordcarrier · 15/04/2008 10:13

I completely agree.

TheDevilWearsPrimark · 15/04/2008 10:14

I thought the exact same thing this morning when they were scaremongering on the news, again.

It's a self fulfilling prophecy.

MrsBadger · 15/04/2008 10:14

I agree but cannpt get quite as worked up about it

[strokes offer letter from cash-buying second-homer]

hanaflower · 15/04/2008 10:16

This reply has been deleted

Message withdrawn at poster's request.

JeremyVile · 15/04/2008 10:17

Hmm.
Don't worry, I'm sure it will be absolutely fine.
Once you drop the asking price.

[looking to buy]

Original poster
Oliveoil · 15/04/2008 10:18

I had the estate agent round yesterday (dd2 was gobsmacked at the house and said loudly WHY IS IT SO TIDY MUMMY? and he laughed)

anyway our house is on the same price they valued it at about 18 months ago (before we decided to emigrate) and it is a proper 3 bed, not a 2 bed that has been made into a 3 bed iyswim

and he says it is massive for the street and we will not have a problem selling it yadda yadda

but they are usually full of shit as a rule and now I am panicking and thinking oh ffs SHUT UP with your doom and gloom in the paper

noone will buy my house and I will be doomed!

OP posts:
Onlyaphase · 15/04/2008 10:19

DH and I had exactly the same conversation last night (Evening Standard and Panorama full of it again, after the weekend papers banging on about recession ad infinitum)

TheDevilWearsPrimark · 15/04/2008 10:19

But surely if all prices drop noone is out of pocket really, and everyone ends up with a smaller mortgage?

Original poster
Oliveoil · 15/04/2008 10:19

he said there is one near us, that has refused to go lower and they have been on the market for 10 months

ours is bigger and will be about £15K less

have that in your eye, greedy feckers

he says ours will look 'cheap' in comparison and therefore sell

ha

OP posts:
OrmIrian · 15/04/2008 10:19

It's all so relentlessly downbeat isn't it? If I sell my house I will get less for it. But if I buy another I will pay less for it. There must be plenty of people in that position.Doesn't help you though oliveoil obviously.

House prices were stupid.

Original poster
Oliveoil · 15/04/2008 10:20

well if the prices drop, I will have less equity to take to Australia and will therefore have to WORK and not swan about on the beach all day

so it is all about me me me atm

OP posts:
hanaflower · 15/04/2008 10:24

This reply has been deleted

Message withdrawn at poster's request.

sillytilly · 15/04/2008 10:25

th market is a cycle, so it's not the media talking us into a recession.

in fact, it has been incredibly downplayed

look at GB desperately trying to avert it - not very left wing to want to sustain such ridiculously high house prices, is it?

TheDevilWearsPrimark · 15/04/2008 10:27

What , labour are meant to be Left Wing?

fedupandisolated · 15/04/2008 10:27

My Dad is saying the same as you Oliveoil. On the other hand I think there is a recession - everything has gone up and we are all paying the price for some very irresponsible lending. The media are reporting a fact unfortunately - not creating one.

waffletrees · 15/04/2008 10:30

Sometimes I think that they could do with halving the length of time news programmes are - they just need to fill it up with any old rubbish. There will probably be a recession but the way the BBC carries on you would think that they are clairvoyants. If only they could concentrate on actual news instead of guessing/speculating on what MIGHT happen.

sillytilly · 15/04/2008 10:30

DWP

anyone with a property to sell will be agreeing with you, Oliveoil

sillytilly · 15/04/2008 10:31

it;s not guess work, Waffle, BBC journalists and editors actually work pretty damn hard, you know

UnquietDad · 15/04/2008 10:34

A recession is, technically defined, two successive quarters of negative growth. We're still in positive growth, just not as much as some people would like.

waffletrees · 15/04/2008 10:37

Silly tilly - everyone works damn hard!! If they don't like they can change jobs.

MotherofUBERboys · 15/04/2008 10:37

so, are you a journalkist or an editor, tilly?

JeremyVile · 15/04/2008 10:39

Waffle - What are you on about?

sillytilly · 15/04/2008 10:42

superinflation a real worry, isn't it?

fiodyl · 15/04/2008 10:43

personally i would like house prices to come down so that maybe one day i will be able to aford to buy.

sillytilly · 15/04/2008 10:44

I'm not saying anyone is moaning about working hard, I am saying that BBC News is the result of a lot of hard work and research NOT guesswork!