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Debate House Prices


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Welfare state costs £473 BILLION!!!!

189101214

Comments

  • StevieJ wrote: »
    I can't see your point :confused: If someone has a fabulous pension and loads of HPI why are their kids not going to inherit a ruck of dosh :rolleyes: Not all the Whinging Poms live in OZicon7.gif

    Because the parents might leave it to the local dogs home, they may spend their money (shock horror) on themselves rather than having a big stash under the bed while sitting by a halogen heater in 5 layers of jumpers, etc etc
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    edited 5 December 2009 at 6:47PM
    Because the parents might leave it to the local dogs home, they may spend their money (shock horror) on themselves rather than having a big stash under the bed while sitting by a halogen heater in 5 layers of jumpers, etc etc


    Yes OK :rolleyes: BTW where do you get the unprecedented HPI from? as you can see from the attached house prices between 1970 and 1980 increased by almost 400% and that included a price correction in the middle, I think;.

    http://www.york.ac.uk/inst/chp/hfrtable/up02043ab.PDF
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Because the parents might leave it to the local dogs home, they may spend their money (shock horror) on themselves rather than having a big stash under the bed while sitting by a halogen heater in 5 layers of jumpers, etc etc

    and they might not... :rolleyes:

    that must be a lot of jumpers they've bought because they've got on average £90k left over.

    the average estate in the UK leaves an inheritance of £90k
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    and they might not... :rolleyes:

    that must be a lot of jumpers they've bought because they've got on average £90k left over.

    the average estate in the UK leaves an inheritance of £90k

    Tell you Chucky there are two types of people, those that get on with it icon7.gif and those that moan and procrastinate :eek:
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • alessev1
    alessev1 Posts: 340 Forumite
    And we pay 850 000 000 000 000 (bn) to bail the banks!
    May 2013:
  • chucky wrote: »
    and they might not... :rolleyes:

    that must be a lot of jumpers they've bought because they've got on average £90k left over.

    the average estate in the UK leaves an inheritance of £90k

    Ok, so your vision of pension provision in the future is inheritance. You're alright of course, you probably have a fat final salary pension and a house you bought for a sack of coal in 1994, but others don't have a right to determine their own destiny right?:rolleyes:

    Oh yeah and those people who don't inherit anything we'll pretend they don't exist and just ignore them when they are asking for 'spare change please'.:rolleyes:
  • StevieJ wrote: »
    Tell you Chucky there are two types of people, those that get on with it icon7.gif and those that moan and procrastinate :eek:

    :rotfl::rotfl::rotfl:

    That will be why you have 7500+ posts on this forum and I have 200 then

    :rotfl::rotfl::rotfl:
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    :rotfl::rotfl::rotfl:

    That will be why you have 7500+ posts on this forum and I have 200 then

    :rotfl::rotfl::rotfl:

    Yes, but I only have one ID :rotfl:
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • StevieJ wrote: »
    Yes OK :rolleyes: BTW where do you get the unprecedented HPI from? as you can see from the attached house prices between 1970 and 1980 increased by almost 400% and that included a price correction in the middle, I think;.

    http://www.york.ac.uk/inst/chp/hfrtable/up02043ab.PDF

    While StevieJ goes to check which toilet he dropped his pair of brain cells in, for anyone interested here is a meaningful dataset for house price data that actually takes general inflation into account.

    http://www.nationwide.co.uk/hpi/downloads/UK_house_prices_adjusted_for_inflation.xls
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker

    Oh yeah and those people who don't inherit anything we'll pretend they don't exist and just ignore them when they are asking for 'spare change please'.:rolleyes:

    Perhaps you may wish to have a go at those people that cheered on the demise of the union movement who did their bit for protecting employment conditions :eek: I notice that the decimation of worker rights doesn't appear to have materially inproved the UK performance compared to other European countries, who have maintained much stronger worker protection, maybe all the gains have found their way into the back pockets of characters like Tramp above icon7.gif
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
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