We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Does the FTSE reflect the house market
Comments
-
Cannon_Fodder wrote: »Must be a good thing to switch from oil/synthetics, maybe it will help with problems like;
http://www.independent.co.uk/environment/the-worlds-rubbish-dump-a-garbage-tip-that-stretches-from-hawaii-to-japan-778016.html
http://en.wikipedia.org/wiki/Great_Pacific_Garbage_Patch
Amazing. I'd never heard of this.Cannon_Fodder wrote: »Its certainly going to require a dramatic shift in habits, expectations, demands, wants, technologies etc, though.
But I'm sure, like Generali, that ingenuity can prevail - although I am also sure that companies will find a way to gouge the consumer for solving problems the Co's often made in the first place.
Taxing the consumer for buying unnecessary tat should be one of the steps to change attitudes.
My belief is that an equalisation of lifestyles is coming up. The West can't compete with much of the East due to the pension bills that are on their way. Protectionism might buy some time but ultimately wages in The West will fall and rise in The East comparative to prices. That could either be achieved by prices rising or wages falling but it's all the same in the end.
Africa will be screwed until the people sort governance out. That's not looking like a good near-term bet. Whether or not Africa's problems were caused by colonialism is a moot point right now. The people of Africa are the only ones that can resolve things though.Cannon_Fodder wrote: »To keep OT, the FTSE will recover before the housing market.
Agreed,0 -
-
Cannon_Fodder wrote: »I could try to claim a long-standing environmental affiliation...
nah, it was on QI...!
Now there's something I'm going to miss about the UK, QI! I'm not a TV watcher but that is a brilliant program.0 -
It entirely depends what they put in the FTSE. At the moment, it's got a lot of banks in. So yeah, if it went up, that might indicate that times were better for banks, etc. If the next time they rejig it it ends up with a load of oil and gas companies, then the FTSE going up would actually mean harder times for most potential housebuyers, so falling prices (except in Aberdeen, yes)
No-one chooses to put any companies into the FTSE100, you are admitted if you have the necessary market capitalisation0 -
graemecarter wrote: »No-one chooses to put any companies into the FTSE100, you are admitted if you have the necessary market capitalisation
That was the big error during the dot com boom IMO. The constituents of the FTSE 100 used to have to pass certain tests regarding profitability, long-term stbility etc. That went straight out of the window when dynamic indices were leaving the LSE in the shade and there was a chance the CEO would be out of a job.0 -
sabretoothtigger wrote: »Bio diesel is a big subject, its definitly possible to create natural oil far more efficently then we do presently but possible and feasible as a business are separate things unfortunately.
I don't think bio-diesel is a viable replacement for diesel fuel due to the vast amount of stuff we'd have to grow and the energy/fossil fuel requirements to farm it all.
However, it can play a part in reducing our consumption of fossil fuels through recycling waste 'organic' oils.
By the way, did you know that there is a tree that essentially makes diesel oil in its sap?
http://en.wikipedia.org/wiki/Copaifera_langsdorfii
Amazing what is out there in nature - I just wonder how many amazing plants and trees have been extincted by human activity in the rainforests......The tropical rainforest tree Copaifera langsdorffii is known as the diesel tree and kerosene tree. It has many names in local languages, including kupa'y, cabismo, and copa!va. It produces a large amount of terpene hydrocarbons in its wood and leaves. One tree can produce 30 to 53 liters of hydrocarbons per year, en-mass producing 10,000 - 12,000 litres/hectare/year[1] which is incredibly high. The oil is collected by tree tapping. The main compound in the oil is copaiba, an oleoresin which is useful in the production of oil products such as lacquers and can be used as biodiesel. The tree is also the main source of copaene, another terpene.
It is a medium-sized tree usually reaching 12 meters in height, with white flowers and small, oily fruits. The wood is light due to its porosity. It is honeycombed with capillaries filled with oil. Tapping the tree involves cutting a well into which the oil seeps and where it can be easily collected. Despite its vigorous production of oil the tree does not grow well outside of the tropics and does not show promise as a reliable source of biodiesel in temperate climates.
--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
I don't think bio-diesel is a viable replacement for diesel fuel due to the vast amount of stuff we'd have to grow and the energy/fossil fuel requirements to farm it all.
Indeed recent food inflation was put down to this.
lets face it virtually anything can be done at a cost. It is finding the point that cost becomes viable (role on the extracting hydrogen from water debate)0 -
Indeed recent food inflation was put down to this.
lets face it virtually anything can be done at a cost. It is finding the point that cost becomes viable (role on the extracting hydrogen from water debate)
And as far as wind power goes, if you wanted to replace all the vehicles using fossil fuel to electric using wind power (a logistical nightmare in its self), you would need wind farms covering the entire landmass of Cornwall and Devon.
Like I say, we are ingenious and can work our way around things technologically, however the key factor is time, we do not have enough time before the squeeze comes.0 -
And as far as wind power goes, if you wanted to replace all the vehicles using fossil fuel to electric using wind power (a logistical nightmare in its self), you would need wind farms covering the entire landmass of Cornwall and Devon.
Well at least some good would come out of it.:D0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards