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Debate House Prices
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My perspective as a "bear"...
Comments
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Blacklight wrote: »I've never said that. You made it up.
Touche, eh?0 -
You'll have to give me more detail on what demographic factors you think will effect really long term house prices.
We are probably in the last phase of the age of antibiotics. As resistance continues its inevitable climb, so will the number succumbing to fatal infection. A very bleak, but very real scenario that I reckon that will be one of the biggest demographic influences in the next 30 years.0 -
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ultrawomble wrote: »We are probably in the last phase of the age of antibiotics. As resistance continues its inevitable climb, so will the number succumbing to fatal infection. A very bleak, but very real scenario that I reckon that will be one of the biggest demographic influences in the next 30 years.
Well, I'm not sure that is one of the demographic influences that Generali was considering.
On the positive side, while antibiotics are indeed very useful, there are other treatments that are very effective. Ironically, they date back to the cold war, when in the 1940s Soviet Russia couldn't make or import antibiotics, and so used phage treatment for bacteria infections.“The ideas of debtor and creditor as to what constitutes a good time never coincide.”
― P.G. Wodehouse, Love Among the Chickens0 -
On the positive side, while antibiotics are indeed very useful, there are other treatments that are very effective. Ironically, they date back to the cold war, when in the 1940s Soviet Russia couldn't make or import antibiotics, and so used phage treatment for bacteria infections.
I'm not actually sure that phage really are going to be the answer. Even in a relatively closed system such as tissue culture I've not come across them being used routinely. Certainly there are research papers on the subject, but I've not come across commercially available products for in vitro use as antibacterial agents, let alone human use. YMMV.0 -
ultrawomble wrote: »I'm not actually sure that phage really are going to be the answer. .
That may be the case, I am certainly not an expert on the subject, and will willingly defer to you. I, however, am sure that there is an answer to the problem, and the first person who finds it will make hundreds of billions for his company. So, basically, I am sure a solution will be found.“The ideas of debtor and creditor as to what constitutes a good time never coincide.”
― P.G. Wodehouse, Love Among the Chickens0 -
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, but in the long term the aggregate level of house prices is simply linked to earnings.
Was until the recent credit boom (2003-2007). As now requires the current over indebted generation to repay the capital owed to allow the next generation to borrow. As a market, house prices have got ahead of themselves. So stagnation will be the order of the day as prices settle at a sustainable supportable level.0 -
Blacklight wrote: »Nicely worded but you still come across as wanting something for nothing.
That's rich! For the past 10 years, home owners have been obsessed with Labour's 'something for nothing' economy. They live and breathe windfall profits on property. The greed gene is to be found in most people but it seems to glow particularly brightly in the property owning fraternity. Today, pensioners and deposit holders are subsidising the folly of home buyers who borrowed more than they could afford.0 -
Blacklight wrote: »I just don't want people to end up on the streets. I think it's pretty vile and sickening that some people do just because they don't want to work for it just like everyone else.
You're beginning to sound like Ghouls-R-Us ....... or whatever his latest name is.
Trying to portray all bears as wanting to see people on the streets ???0
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