EA makes me laugh........

nearlynew

And that ignorant t0sser ghoulies has re-appeared as well, I see.

satchmeister

bendix wrote: »

Now now now. We all know that Sibley is a liar who bigs it up by portraying himself as living the dream life in a rancid Bangkok suburb with a second-rate job, but I think it's going a bit low to disrespect his wife (even though he seems to think it impresses us that he engages in threesomes with her friend Lek occasionally, something which I suspect is also part of the Walter Mitty routine).

That he married a prostitute from some Pattaya or Bangkok bar is something one shouldn't speculate upon in polite society.

Don't know if he married a prostitute but he posted that he uses them, if these things are true or if they are not true, it's still all very sad really.

StevieJ

DaddyBear wrote: »

Chester v Bradford-on-Avon. As I said, pretty much apples v apples.

Was that Blacon or Curzon Park

Percy1983

The point is high interest rates are a short(ish) term problem, likewise I can buy a house and I probably will get stung with higher interest at some point and it will be tough, but right now people are froze out due to high prices not high interest.

To put it simply I would rather have a 80k mortgage and a 16% interest rate a couple of years than a 200k mortgage and low interest rates for the full term.

HAMISH_MCTAVISH

I see the crashaholics are getting a run for their money over on the original thread.....

In Q4 1952, when good old Nationwide started their House Price Index, the average (non-index linked, inflation-adjusted or from what I can see anything else...) house price was a mere £1891. Think how the poor !!!!!!s felt who bought then, when in Q3 1952 a whole tenner was wiped off the average value!! Disaster! Within a year or so, the tenner became thirty-eight quid. Were houses about to become worthless? they would no doubt be thinking...

Nah! - by Q4 1962 two things happened: I was born; and house prices had steadily climbed following that small 'blip' to an average of £2673 - an increase of 41% over the whole ten year period.

The NEXT ten years was mental by any stretch of the imagination – consistent quarter-on-quarter rises resulting in prices hitting a whopping £7880 - 295% of the 1962 high. That's more than HPCs (or whoever penned it in The Guardian… ) “staggering” 245.5%!

THEN we had The Osmonds to contend with as well...!

And so we continue onwards and forwards, to Q4 1982. Guess what: apart from the music getting better, with the exception of one quarterly period which showed a small reduction, house prices 'suffered' a 325% increase to £25580. THREE HUNDRED AND TWENTY-FIVE PERCENT!!

By 1992 buyers and sellers had obviously come to their senses, as the average price was £50168 – a measly 96% increase on the decade before. Thank Gawd for some slack being cut, what?

2002 – average price £115940 – 231% increase. Oh oh – back on the rollercoaster again…

So here we are, part way through Q4 2010. Not a full decade, admittedly – but let's see what the figures say anyway. Q3 stood at £167354. That’s 44% up. ONLY 44%, should I say. Considering that NO-ONE – not even ME – thinks that prices are going to do much in the next year or so, it looks like that’s the best we’ll see. Pretty much back to the figures of 1952-1962.

sabretoothtigger

Thats a nice summary. The largest decade rises there coincided with high inflation hence its a very uneven comparison.

In this decade inflation has been relatively low which again matches a lower figure. Take away that variation and it'll be more predictable and even

Sibley

Your mistake Sibley is that you take your lies just that little too far to be credible.

You and I both know you're not on an expat salary in Thailand; you might be able to fool those who don't know the market there, but I do.

You really are a know it all and very up yourself.

Well unfortunately you've got it wrong this time. No, I don't get expats salary but I'm on a management package here with all the perks. Not a great deal in it except I don't get housing paid for.

I can say 100% for sure that I was earning more than you in UK. I chose to come here and could go back to my old job if I wanted. Could you?

Daddybear,

I met my wife in a Go Go bar. She's really sexy. I doubt I'll be thinking 'God it was terrible living with that Thai girl' when they are lowering me 6ft into the ground.

bendix

Sibley wrote: »

You really are a know it all and very up yourself.

Well unfortunately you've got it wrong this time. No, I don't get expats salary but I'm on a management package here with all the perks. Not a great deal in it except I don't get housing paid for.

I can say 100% for sure that I was earning more than you in UK. I chose to come here and could go back to my old job if I wanted. Could you?

Daddybear,

I met my wife in a Go Go bar. She's really sexy. I doubt I'll be thinking 'God it was terrible living with that Thai girl' when they are lowering me 6ft into the ground.

No you couldn't.

My job lets me work anywhere around the world. As I have said, I spread my time between London, Bkk and Asia. At the moment I'm focused on London but will be choosing to locate in Asia for the first half of 2011.


I don't need to go back to anywhere to get my old job back. I have my old job and am completely global. I also earn the same western salary, irrespective of where I choose to live.

As for your revealing that you met your wife in a gogo bar. Well enough said. You've married a prostitute. Congratulations. You must be very proud of her and she must be very devoted to you.

StevieJ

Percy1983 wrote: »

The point is high interest rates are a short(ish) term problem, likewise I can buy a house and I probably will get stung with higher interest at some point and it will be tough, but right now people are froze out due to high prices not high interest.

To put it simply I would rather have a 80k mortgage and a 16% interest rate a couple of years than a 200k mortgage and low interest rates for the full term.

And there is me thinking that the problem is high deposits, thanks for putting me straight. Looking at the statistics between 1986 and 1989 house prices increased by 70% and during 1988-89 base rates doubled, like I said the old timers have had it tough too

DervProf

Sibley wrote: »

You really are a know it all and very up yourself.

Pot : "Hey kettle, you are black !".

(Especially the "up yourself bit". And I bet you`ve tried that, literally).