Debate House Prices


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U.K Plc "Will not enter Recession"

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Comments

  • MissMoneypenny
    MissMoneypenny Posts: 5,324 Forumite
    bloody filter.

    unravel tncu, then.

    I had already worked it out from the excellent clue you gave:D
    RENTING? Have you checked to see that your landlord has permission from their mortgage lender to rent the property? If not, you could be thrown out with very little notice.
    Read the sticky on the House Buying, Renting & Selling board.


  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    btw, the spelling of his name varies; '!!!!' is correct (Ithink).

    should keep the anagram experts busy for a while.

    (clue: chancellor of exchequer 1997 - 2007 ).

    !!!!, I think. What with his being Danish, he had an odd name. Canute is easier to say (-:
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    C-n-u-t

    Dirty minded filter!
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • moanymoany
    moanymoany Posts: 2,877 Forumite
    NO! Now listen CAREFULLY - the economy is simply correcting itself. You will be telling me next that the property market is crashing when everyone knows it too is simply correcting itself.

    For goodness sake - get a grip. :naughty:
  • tradetime
    tradetime Posts: 3,200 Forumite
    moanymoany wrote: »
    NO! Now listen CAREFULLY - the economy is simply correcting itself. You will be telling me next that the property market is crashing when everyone knows it too is simply correcting itself.

    For goodness sake - get a grip. :naughty:

    Nah nah nah, the economy may crash, the property market is simply correcting, until it retraces more than 50% of the preceding move up I'm happy to call it a correction, ;)
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    There's a very interesting piece on the Bedlam Asset Management website about the predicament the government is in now a recession looks pretty close to a nailed on certainty.

    Their point (which is a point I try to get across on here too) is that the productive part of the UK economy is basically restricted to the South East corner of England and Aberdeen. The trouble is, the next recession looks likely to hit that part of the country hard as financial services take a big hit.

    They also predict house prices halving in real terms (35% nominal) drop between now and 2010. They predict that for the next 2 years, the banking sector will pay no corporation tax at all and that stamp duty receipts will fall by 65%. The UK govt will be forced to cut spending as they will be unable to get the money from income (taxes) or borrowing.

    I agree with their summation of things. If you're relying on the Govt for your income that may not be as secure as you hope be it as a civil servant or on the dole.
  • m00m00
    m00m00 Posts: 1,755 Forumite
    how much is actually generated by stamp duty

    and how much by petrol duty

    the ever increasing price of oil could provided a 'get out' in this regard

    (I have no idea of the actual figures, so I stand to be corrected)
    It's a health benefit ...
  • Dylanwing
    Dylanwing Posts: 2,015 Forumite
    Culling Civil Sevants won't help, it just moves expenditure onto the Benefit costs. They really need to look at the un-necessary carp like ID cards, computer systems, foreign occupations, Olympics, PFI, etc. A standard cost-benefit analysis would show that these items are 'nice to have' rather than essential. And at some point, the welfare and benefit system will have to be reformed as it is unaffordable.
    As for increasing revenues, what about closing tax loopholes, and re-vamping tax and NI so that personal allowances are raised, but a higher top rate?
    You may not agree with all of my thoughts, but they are the type of decisions that need to be made, and quickly. Just pretending that things are fine, carrying on regardless and bottling necessary decisions is the road to ruin, as many people in debt (Myself included) have found out.
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    Dylanwing wrote: »
    They really need to look at the un-necessary carp like ID cards, computer systems, foreign occupations, Olympics, PFI, etc. A standard cost-benefit analysis would show that these items are 'nice to have' rather than essential.

    I am FAR from convinced that ID cards and foreign wars are "nice to have" :confused:
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • fc123
    fc123 Posts: 6,573 Forumite
    C-n-u-t

    Dirty minded filter!
    :eek: :eek: :eek: from 'Shocked' in Middle England Land......and a lawyer too.....:eek:
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