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Householders, the time for chastisement is over
Comments
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the second article was definitely playing it at least partly for laughs. the headline pretty much gives this away. only skim-read the first. seemed like harmless enough fluff.FACT.0
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Graham_Devon wrote: »These are just free comment blogs Hamish. .
Oh look, a shiny thing!
Check the authors....
And check the source the first one quotes...;)“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
RenovationMan wrote: »We had a neighbour who was quite wealthy from 'cash in hand' transactions, but couldn't afford to show it in case the tax man found out. I'd rather pay tax and have a clear conscience than have a load of worry and boxes of cash lying around that I wasn't allowed/too afraid to spend. Bonkers.
I agree with this.
Shocking, I know, but true.30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0 -
HAMISH_MCTAVISH wrote: »That's just nonsense though.
You're trying to solve a problem that doesn't exist by stopping lending that was on the whole responsible, prudent and sensible.
Which then causes the barking mad situation of today where we're trying to solve a housing shortage by building fewer houses...
The problem "doesn't exist" because the credit crunch effectively prevented it. It is quite obvious (to me anyway) that the way UK lending was going (and house prices too), that at some point something would have to give. Some of our banks were relying on the "funny money" that the Americans were dealing with. As soon as that "funny money" vanished, so did a few of our banks. As Bradford and Bingley found out, hopes and dreams really are fragile.
Your attitude seems to be "because it hasn't happened, it won't happen". Like the driver doing 120 mph, saying to the passenger, "don't worry, we haven't crashed yet, let's go faster".30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0
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