Liz Jones is Credit Crunched in the end.....

GeneHunt_2

I suppose the tax payer (ie us) will be paying for this idiot's mistakes :rolleyes:

baileysbattlebus

fc123 wrote: »

What I can't work out is does she really understand how much she offends her neighbours? Or she is so desperate for cash, she has to write something a bit controversila to justify the column.?

I wouldn't bother reading it if it was all 'Got up, fed animals and visited my loveley neighbour' but, when she wrote about The Married Man recently and being wildly attracted to him...not sensible if it was true.
Or does she make some of it up?

The farm.....
A 1.2 million figure comes to mind...perhaps she knocked them down?

Here is the original ad for the farm - though if you open it up there's nothing there. Its the 5 bed house Dulverton - £1.6m - maybe she did knock them down.

http://www.propertin.co.uk/search.php?place=Somerset&sale=1

GeneHunt_2

The reason is that sensible, hard-working people who want a better life are seduced by the promises of the officious types who man the system. We believe if we have a nice house and a car, we can work harder and get ourselves out of the mire. We don’t always understand the small print

DOH! Unbelievable...

shellsuit

I can't stand that woman! She is a horrible, ignorant, judgemental, boring, saggy faced trout.

fc123

Anyway, I am going to log off now (I know it's bad manners when I posted the thread ) as I have found a fab Xmas present solution and it's 40% OFF if ordered before Nov 4th.
This is the site

I am going to make books of pics (and calendars)for family who visited over the summer and don't know I've got some great photos.
I'm not techy at all....but learnt how to do it really easily. and for £12 each person, seems a good deal to me.

Just got to select and crop the pics I want to use for each one.

I hope DS finds the thread as it was he who said she'd get crunched and he was right...I didn't think she would as she earns so much so could service it all. Oh, and DS, if you ever go commercial on customised flicker books in the style of a shoot em up game.....that is easy to do...pls let me know. My nephew would love it.

dopester

fc123 wrote: »

I deff have million pounds + in my head as house in Islington went for that and she added to the mortgage.

DS found the article but I have googled and can't find it.

That Liz Jones... she must have earned plenty. Boris Johnson got £250K a year for his column (chicken feed remember).... so Liz Jones must have earned more.

I think this might be the article you were referring to fc... the second part of the quoted bit making me a bit annoyed - because she was the one who chose to get a mega-mortgage (debt) to buy a more expensive home, taking on crippling extra debt in the boom.... comparing her only alternative to as a hostel dive.

So her roof over her head should also be her pension courtesy of regular £500K HPI rises to MEW feed on? Real clever Liz.

In order to get a mortgage two years ago, I had to pay £10,000 to Savills Private Finance to secure it, and endure the life sentence of a higher rate of interest, which means I can only afford to pay the interest of my huge debt.

To build myself some sort of secure future, I then did what I was told by my financial adviser, and invested a huge sum each month in a portfolio of ethical businesses.

An investment that has so far meant I have lost 75% of what I paid in. Argh! I would have been better off stuffing my money under my Vi-Spring mattress.

But, hang on a minute. Is it fair that I (so many of us?) should be punished for wanting a roof over our heads and an alternative to a pension? I am fed up with homeowners taking the brunt.

Yes, my London house made me £500,000 in 18 months, but these 'profits', for normal people like you and me, are merely relative, unless we don't buy another house and merely move into a (privately owned, local authority financed) hostel.

lostinrates

I think the quote about a nice car/nice house suggests she doesn't understand how much this frustrates those of us for whom she's bought an acrage that would be subsitance entry level to agriculture. If that.

For those of us who actually want to farm, most have been priced out of the actual farm houses for a long time. Then, you find land, and noone wants new farm houses to be built because it spoils the nice quite/ beautiful landscape. But of course, chickens DO get sick in the midle of the night: how do we know if we are not there to do a late check?

e.g.: a plot of land has come up in one of my favourite ever valleys: perfect amount for me, and the land iswithin affordability and sensible prospect of profit: but when you add in housing nearish by...without my DH's income it would be a no chance.

Farm diversification has been hugely encouraged (to stay profitable, sometimes just to brea even): B and B is a popular one the government were tying to push, echoing the agroturismo of Italy and France: but of course our younger farmers can't usually afford the type of house that allows this aspect of diversification!

fc123

I remember the last debt we took on in 2004. OH did it, it wasn't sub prime but it was the only one that I had no idea of the interest rate etc.
I knew , just after it got spent (in the business propping somehing up we should have had the courage to cull at the time) that our time was up.

Sure enough, a few months on it was as the core problems hadn't been dealt with, they had been masked with the credit we could access at the time.


I have been thinking about it a lot recently as we are just clearing the last bit off.
So, for Liz, unless she has a mega advance due in that will clear the lot, she is on the road to her LBM.

I haven't bought her farm book as I read all the columns so figured it was the same stories...maybe the columns which created the book, killed off it's profitability too.?

julieq

There's no cure for stupid

I have to say that it's almost worth a global crisis just to see this woman neck deep in the brown stuff

Errata

Perhaps the local yokels will offer her some helpful tips ? One of them may even be able to give her the address of the local homeless hostel, and another offer to eat some of her animals. Country folk can be very helpful.