Land Registry - January up 1.1% mom

Jimmy_31

JonnyBravo wrote: »

Yeah sure.
You'll be growing all your own food, emptying your own bins, generating your own electricity, schooling your own kids and refusing to use public roads.

Bye bye to the system my a**e. Romantic idealistic unpractical wishes. Nothing more nothing less.
Sorry jimmy, the only way out of "the system" is to pick another system and move there.

The system seems to have shaped your mind.

RenovationMan

JonnyBravo wrote: »

Yeah sure.
You'll be growing all your own food, emptying your own bins, generating your own electricity, schooling your own kids and refusing to use public roads.

Bye bye to the system my a**e. Romantic idealistic unpractical wishes. Nothing more nothing less.
Sorry jimmy, the only way out of "the system" is to pick another system and move there.

And living in a fictional northern town in the 19th century.

Jimmy_31

RenovationMan wrote: »

And living in a fictional northern town in the 19th century.

That looks like one of them farmhouses up that big hill in oldham, you know where i mean, they are near where all the dry stone walls have been repaired.

Have you been hiding in any bushes outside of schools today ?

I thought i would ask before i made it up.

wotsthat

Percy1983 wrote: »

Nope I am happy to be in negative equity for the greater good.

The problem is I as an individual can do very little about it, but the government can.

The first steps seemed to have worked mostly in restricting credit to those worthy of it, now we just need to pull the props out and see what happens.

It's good that you don't mind being in negative equity for the greater good because it sort of makes my point about the difference between moral platitudes and practical actions.

Look at the immense power wielded by small groups of NIMBY's. They seem to be able to slow up planning and economic progress for years. By getting in the way of house building they are holding up house prices. Why not do something about it - I've never seen a cohesive public campaign for housing estates to be built so that housing pressure and local prices can be reduced.

Not sure that the 'props' you're talking about are real. Graham reported a study the other day that showed UK house prices had fallen by 33% since 2007. Don't sound like very effective props to me - maybe you could list them.

HAMISH_MCTAVISH

Percy1983 wrote: »

restricting credit to those worthy of it, .

The people worthy of credit are those who can repay it.

Which, as it turns out, are about 98% of everyone ever lent to even at the peak of the boom lending standards.

What the bears want is for credit to be restricted so much that house prices fall.

But that has nothing to do with creditworthiness, and everything to do with wanting a crash.

Graham_Devon

HAMISH_MCTAVISH wrote: »

The people worthy of credit are those who can repay it.

Which, as it turns out, are about 98% of everyone ever lent to even at the peak of the boom lending standards.

It helps that interest rates fell 91%.

The number would be very different had interest rates stayed the same, or risen.

I realise you will deny this, but it's very very difficult to deny that this 91% fall helped.

Sibley

Crash_B_W.

I bet you cried like a baby when you walked past your papershop this morning. All the Express reading jumping up and down rejoicing. Another 1000 quid in the retirement pot.

Graham_Devon

DaisyWheel wrote: »

OMG!

Were interest rates really 94% where you live Graham??

I am only paying 3% now - who would ever buy a house with interest rates of 94%

Darn it. Now you have made me look very silly.

RenovationMan

Jimmy_31 wrote: »

Have you been hiding in any bushes outside of schools today ?

WOW, the big deal you're making about a throw away comment I made! It's starting to make me think I hit a nerve and something is going on.

Seen any MOM's in PJ's today at school, jimmy?

Sibley

All the good news data has obviously broken Jimmy.