It's probably me but.....

Starts with S, rhymes with bitches.

 

Lovely. Not cheap, of course, but lovely.

Um, Sitges.

<PAHND!>

Ali

 

Oh. Were you living in my road, then? I'd no idea.

Ali

 

OK, you got me, I just did the sums with a calculator, and it was actually
a 55% drop.

Depends how much research you've done.

 

Prices are way high in places like Salcome and Dartmouth.

 

Ah, but you weren't *there*, were you. <snort>

Ali

 

I'll alert the Border Patrol Militia.

 

Oh, I know - and the cost of living is far higher than The Other Place. It
would only be if for some reason we couldn't get to S****s. I don't mean
it's a poor second, I love Devon. Himself is a Plymouth lad. I'd just rather
be elseplace.

Ali

 

Hurling stale pasties across the Tamar, eh?

Ali

 

"loads" ?

 

We bought in 1988 (2-bed semi) for £69K. When we sold it 7 years later
it got us £55K - and that was better than the agents had estimated. At
one point they were giving us estimates of around £40-£45K for the
value.

So that's a 14K drop - under the 30% drop certainly (I make it about
21% but thats still an awful lot to lose on one of lifes major
purchases..)

Mind you when we sold it we only had 50K outstanding on the mortgage
(good wages and some decent bonuses from work) so we had managed to
work off the negative equity but it isn't something I'm keen to do
again.

Phil.

 

And only one bath in asses milk a month too. The sacrifices one has to
make eh?

Phil

 

Likewise. Which is why they kept putting up my credit limit (to silly
levels) and why they keep pushing their
new-super-spiffing-look-at-all-these-benefits card at me[1] (which I
keep ignoring).

Phil.

[1] None of which are any use to me - club class lounge access? The
last time I flew anywhere was business class, for the company. And even
worse they charge for this card (current one is free) and it doesn't
have cashback (current one does).

 

No, those are sold to tourists.

 

Of course, it's better weather, and easier to communicate with the locals.

 

Did it go lower than that and then come back up, if you'll pardon the
expression?

There's a mindset thing as well, I think. Yes, many here recall negative
equity all too well - but I think it's been lost sight of in the wider
world.

Ali

 

Ah yes. I've had one of those. Pay us 250 notes and we'll give you all these
freebies you won't use.

Ali

 

Nicely ambiguated.

My late FiL was almost incomprehensible, bless him. Not due to his really
rather lovely rich Plymouth accent, but the bugger talked at about 100 miles
an hour. I think it's a Plymouth thing.

Ali

 

Sounds more like it.

 

Who's the other one?