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Where can you go to discuss UK property.. nowhere
Now this is interesting and laughable, I have now been banned from HPC:rotfl::rotfl: Now that has raised some interesting questions for me, is there really a non biased non aggressive property forum out there that can control the all or nothing conviction of the handful of nutters who to their dying breath will support…
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Was Thatcher's 'property owning democracy' a myth?
High house prices, which owe much to policies promoted by Margaret Thatcher’s government, pervert the promises of Thatcherism. If you work hard and are thrifty, she said, you will be rewarded. Yet people who own property can make more money from sitting on it than by doing a job, while others will never get on the property…
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The Cost of the Claret
Harrumph.... We here at Chateaux McTavish are distinctly unimpressed with the price performance of cellars these days. While not yet in the realms of a Whine Price Crash, the below-ground portion of one's residence is not keeping up with the above-ground portion in appreciation terms.... Of course this could in theory be…
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Is brit still around here or has the 8+ years he has been waiting forced him away?
He was always hanging out for 50% drops... from 2007, its now 2015 8 years later. The longer he waited the more time he could've payed off his mortgage at an insanely cheap level. In the end the call to wait for lower house prices from 2007 was wrong, and the time to buy was 2009-2011, in my area they have started rising…
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BMV Websites
Does anyone here know of websites that advertise Properties for sale at BMV ?
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The Cost of the Closet
A very interesting article about the economics of being a gay member of a boy band: http://pop!!!!!.com/home/2015/03/13/the-cost-of-the-closet/ replace the inevitable !!!!! with the word for a female canine.
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pensions freedom will solve the UK’s housing ‘shortage’
A few weeks ago, I mentioned in a blog post that Britain’s housing shortage is less about lack of houses than the way we use houses – see here for the detail, but the upshot is that a huge number of people live in houses with quite a lot of spare rooms. A good many of these people will be ‘empty-nesters’ – those whose…
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If you believe house prices are too high, would you sell me yours at 50% discount?
There's a lot of folk I see keep complaining that house prices are too high and that they wouldn't care if theirs lost half its value because it would be good for the kids etc, etc... Well put your money where your mouth is. Can I but yours right now at 50% off? Think of it as an investment in the younger generation.
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“Seismic change” is under way which may lead to 20% surge in USD
David Bloom, currency chief at HSBC, said a “seismic change” is under way and may lead to a 20% surge in the dollar over a 12-month span. “We are only at the early stages of a dollar bull run. The current rally is unlike any we have seen before. The greatest danger for markets and forecasters is that they fail to adjust…
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Babyboomers buying up property and renting back to the young
As the election looms, the intergenerational politics war seems to be heating up. Though none of the political parties appear to be taking it that seriously, it appears to be the media that are talking about it. Whether it's Radio 5 (today), Newsnight who had an entire show devoted to it a couple of weeks ago, the…
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Empty House
I was wondering whether someone can give me some advice. We are the typical can't afford to get a deposit together as we pay rent but can afford mortgage repayments, married couple and have a small baby. We had an elderly neighbour next door that passed away over 2 months ago. Since then, no one has come to sort the house…
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how many people on here are millionaires (including "on paper")
I'm not. But I am not that far away.
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Which is More Valuable, Apple or Wales?
https://medium.com/bull-market/which-is-more-valuable-apple-or-wales-8fd2315d9120
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If you're EVER going to buy a house, you'd better do it before April - here's why.
IMO this is going to have a massive impact on the housing market. Not just those thinking about going into BTL, but BOMAD will also get a nice boost. http://www.mirror.co.uk/money/youre-ever-going-buy-house-5230599 Thoughts?
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Savings Guarantee - worth the paper it's written on?
I'm getting the jitters. The EU is about to launch massive QE - to defend itself the UK will have to cut IR's to zero. I was getting this feeling then Iceland defaulted and took some of my money with it! Luckily the Labour Government stepped in and re-paid my deposits. I made a transfer of funds when I got wind of the doom…
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Bank Goes Bust: Investors to Lose Money
http://www.telegraph.co.uk/finance/comment/jeremy-warner/11455671/Austria-is-fast-becoming-Europes-latest-debt-nightmare.html My feeling is that the Torygraph is getting a bit carried away here. This may well lead to banks having to pay a fair bit more for borrowing though.
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Is £250K for a 1 bed flat about right price for West London in traditional terms?
If the median wage for London is about £40K then there are plenty of folks earning 50K+ so at 4 times salary + a healthy deposit ...£250K is in traditional terms fairly priced? I guess it boils down to the numbers of people in London earning 50K or above...probably quite a lot? Could argue that the corresponding property…
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Percentage of 25-34 y/ds owning their own house 2004 - 2014
I can't wait to see some of the usual suspects go into denial mode.
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YoY HPI negative by end of summer...
If you look at the trajectory of YOY from Nationwide it looks like it will be negative around end of summer? http://www.thisismoney.co.uk/money/mortgageshome/article-2975356/House-price-growth-slows-sixth-consecutive-month-says-Nationwide.html Camerons pledge to double the the starter homes to 200,000 will just accelerate…
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Serious Fraud Office launches investigation into the BOE
Quite shocked by this really.... in an unprecedented move, the Serious Fraud Office has started an investigation into the BOE. If fraud is found to have occured.... what can realistically happen? http://www.bbc.co.uk/news/business-31739051