Everything is going to ruin in order to save the over indebted property bubble.

DervProf

Conrad wrote: »

Mate I'm bullish, but bragging about possesions and wealth is about the most shallow foul thing I can think of.

Conrad, I'm bearish, but I like what you just typed. Well said sir.

A few forum members would do well to take note of what Conrad typed. I think we know who I am referring to.

PasturesNew

IveSeenTheLight wrote: »

Not everywhere PN.
Maybe it's time to stretch your wings

But where...? I'm not going oop north. They talk funny and it's grim I've heard.

I'm at the seaside now, nowhere near London.... but prices here seem higher in a lot of instances to round London way - and all wages are NMW, and the jobs are dire.

I keep trapping myself. Currently doing a course, so having to hang around until that finishes really... or just decide I like it, move and find another similar course and start again.

JonnyBravo

I love threads like this.

The imagery of foxy's eyes bulging, temples throbbing and lips being feverishly licked as he was banging away at the keyboard was quite a giggle.
The fact he then lectures kenny about being wound up was a treat too.

Just what I needed after a couple of days away due to work commitments.
:j



I presume foxy won't mind a bit of education? Seeing as he is so relaxed.

The_Fox wrote: »

WHEN ARE GOING TO STOP LETTING THE OVERDEBTED EFFECT ALL OUR LIVES:mad:

Affect dear boy. Affect.


:rotfl:

MiserlyMartin

dori2o wrote: »

What we need to do is rebuild industry in this country. The Tory government of the 80's decimated manufacturing in this country. In my area alone we had British Aerospace, Mather and Platts, Seimens, Osram, Ferranti, Vickers, Rolls Royce, and many more. Now all have gone.

Almost 1M public sector jobs will go before the end of this parliament (if the coalition lasts that long). There are currently more then 2.5M unemployed, and as yet we have seen no signs that any more jobs are being created, so how eacctly do there jobs that are to be lost get absorbed by a stagnant private sector.

The government have done nothing to build confidence in any sector in the UK, despite their promises.

Most of those companies you mentioned disappeared during the Labour years and the government in case you haven't noticed, have only been in office about half a year. I haven't seen any support or efforts during the last governments 13 year reign to correct any of the things you complain about that happened in the 80's. Incidentally, UK manufacturing has grown the most since the early 90's despite the coalitions short time in office.

This is the biggest laugh:

dori2o wrote: »

Property prices had very little to do with the recession. Unless you didn't notice the recession is worldwide, not only limited to this country

Straight out of the Gordon Brown question time notes. Speculation in asset prices including property WORLDWIDE and the fallout from the one way bets on it was a major cause of the recession. We have some of the most overvalued property anywhere in the world and most speculation from banks, yet Gordon Brown failed to protect us from it. Instead he went on a spending spree which we are all paying for now and will continue to pay and suffer from for decades to come.

The_Fox_3

Conrad wrote: »

Mate I'm bullish, but bragging about possesions and wealth is about the most shallow foul thing I can think of.
It's uttely meaningless and would'nt impress me for a second, in fact where I live there are some people like you in the village and the rest of us (some of whom are quietly wealthy) consider these people with thier range rover sports, pretty vulgar.

We humour them, but in reality these people are not admired or liked.

Hi Conrad

I wish you had not said that:), i was letting this guy just dig himself deeper, he was making the points i wanted to make about many BTL landlords for me.

Still on a scale of 1 to 10 he was only 5 compared to the evil nasty !!!!!!s i know in my home town, but again i do not know him.

When he was bragging about what he owned and sneering at those that could not buy he really could not see what a vulgar little man that he is, they just can't see it!!

Kenny4315

Aberdeenangarsetheknob wrote: »

Of course you do dearie However you've landed on my Hotel in Park Lane and have to pay me rent :rotfl:

whether you believe it or not it hardly matters to me, I retired at 32 and do as I please, after a successful career in management consulting, as a senior FICO SAP consultant, having come from a CIMA background. :beer:

julieq

Is it futile to point out that spending cuts come from public spending expanding far faster than the private sector could support leading to a structural deficit?

Probably. The idea that UK bank lending and UK property HPI caused all of the world's ills is now so solidly emplanted in the minds of the financially confused, it's probably going to be accepted truth for ever. What happened here was that a US based lending scam caused a step change down in confidence leading to a private sector contraction. Public spending was actually expanded during that period (rightly probably) and it now needs paying for. NOTHING to do with UK house prices. Sorry.

BTL lending had a minimal effect on HPI. FACT. Repossession rates which are the visible evidence of overstretched borrowers are at tiny levels relative to the number of mortgages, and are falling. FACT. There is simply no evidence to support the bears' contentions.

The way to reduce house prices in real terms long term is to build more of them. That's a simple message, but apparently unwelcome to the entitlement crew.

Kenny4315

The_Fox wrote: »

And yet you still read my post, again!!:rotfl:

Look Kenny, get used to my moaning, because it's not going to stop because it upsets you, actually it is probably going to get far worse along with every other p****d off British person who are paying for those who cannot plan for the future, who are now crapping themselves in fear of prices collapsing.

I am not sure what your take is on all this, whether you have purchased you ex council house or have a small BTL full of Polish, but as far as i am concerned you are just another ramper that wants all this to just go away.

You can get as personal as you want as it won't cut any ice with me, in fact it speaks volumes about your fear of this house of cards crashing down:rotfl:

You know it's coming don't you Kenny x

foxy you are a tool .... don't post if you don't like a factual retort (without crying like a baby) ... that illustrates I and a whole host of other property owners aren't in the ...t, whether it goes up down or stays the same. If you don't like the answers don't make the accussations.

You and your kind are simply jealous of those who have property as you are unable to buy one, because it's someone else fault, stop moaning about it and pull your finger out. Nobody handed it to me on a plate, my old mans a painter and mother a housewife, so what I have is off my own back.

wherediditallgothen

Kenny4315 wrote: »

whether you believe it or not it hardly matters to me, I retired at 32 and do as I please, after a successful career in management consulting, as a senior FICO SAP consultant, having come from a CIMA background. :beer:

Then the alarm clock rang.

Kenny4315

wherediditallgothen wrote: »

Then the alarm clock rang.

Worked for IBM global services, on many global SAP projects (C&W worldwide implementation, (UK, Europe, USA, Panama & Carib, Japan), concentrated on CO module, CO-CCA, CO-PA, EC-PCA, some BW, some FI, Boots healthcare International, nottingham and Reinbeck germany just near hamburg, Nokia, Shire Pharma (BW prototype, Smith & Nephew consumer products Alum Rock Road, Birmingham, (simple brand products, Biersdorf (nivea brand)) etc etc).

Prior to that HQ finance mgr, commercial finance mgr.

CIMA qualified, SEM certified consultant, degree in business.

Pretty good dream overall.