Do you enjoy playing Monopoly?

shortchanged_2

Harry_Boyle wrote: »

When you have 42% of the population owning homes, you can't then categorise them as being a nation of renters. What's the problem?

If 42% of the UK were vegetarians, would logic dictate that we were a nation of meat eaters?

Well in this case seeing as the majority are renters I think you can catergorise them as nation of renters.

Conrad

N1AK wrote: »

Highest owner occupier levels in Europe: Romania, Croatia, Lithuania, Bulgaria, Slovakia, Hungary, Estonia, Norway & Iceland

You're completely wrong about former communist states. You said they have low ownership levels when they have shockingly high ownership levels. That should be a shock though as you were claiming that ownership levels in West Germany were about the same as the UK earlier which is a complete nonsense as well. Even by this dubious measure you've chosen the difference is very clear.

I'm not sure if I was in your place I'd be more embarrassed if I didn't know this and I was making up what I was saying, or if I knew this and was foolish enough to think that no one would check the easily available information to see I was talking nonsense.

It says ownership runs at c 70% accross Europe, so this debunks the myth only the Brits like owning.

In terms of my saying former iron curtain nations were set to increase ownership levels further, I was refering to those that have been slower off the mark.

I spent a lot of time in Germany and it was said in the meid there that ownership in the West ran at about 70%, but in places like Berlin (at the time) only about 11%.

Conrad

padington wrote: »

Yeah same, the fact it goes up doesn't matter because I'm not going to sell it.

Huge proportion of retirees down size as part of a broad retirment plan.

Thier more expensive home will have appreciated more than the one they downsize to in many cases (a 5 bed detatched worth £250k in 2000, worth £500k in 2013, whereas the 2 bed bungalow woth £100k in 2000 but £200k in 2013).


Furthermore, building an equity pool does give one something to fall back on if the wheels fall off.

If it wasn't desirable, none of us would be bothered doing it.

All organisms like territorial integrity, autonomy and safety, none of which are provided by a private LL.

Percy1983

Dare I say owning will almost always be the 1st preference, but in some countries the thought of renting is much worse than others which makes the 1st preference more or less important.

In this county I wouldn't dream of renting.

Harry_Boyle

shortchanged wrote: »

Well in this case seeing as the majority are renters I think you can catergorise them as nation of renters.

You could categorise as Elephant as an Arachnid, but it wouldn't make it so.

Thrugelmir

Conrad wrote: »

I spent a lot of time in Germany and it was said in the meid there that ownership in the West ran at about 70%, but in places like Berlin (at the time) only about 11%.

Europe was shaped by WW2. Reading history gives a useful insight.
Dresden, when I went shortly after the Wall came down. Was primarily concrete grey flats. No colour. No grass. No trees. Money was never invested into property. That came with the arrival of West Germans who started to refurbish the magnificent properties that over look the Elbe. Using cheap eastern european tradesmen of course.

padington

Does winning the game of monopoly bring happiness ?

http://www.telegraph.co.uk/lifestyle/9852906/Money-buys-happiness-I-wouldnt-bank-on-it.html

james_toney

Conrad wrote: »

I seriously love playing Monopoly, and have realised that real life Monopoly is just as fun.




I always start by trying to secure cheap streets such as Old Kent road and in time it's somehow magical when some kind of exponential rental snowball starts to build and build which in good time allows more aquisitions and so on.

Does anyone else here get where I'm comming from on the similarity between playing Monopoly and real life B2L?


PS>
This post will come accross as crass, but I'm just being honest.
To be clear I went through tough times when the crunch hit and thankfully had always been a saver so I pulled through. Always try and start little ISA's and savings plans even when things are tight. You soon forget them and lo and behold years later you end up in such better shape.

I am just getting into playing Monopoly in real life

YoungBusinessman

I agree Conrad, its the way i see it. When chance pops up and capital is there i will keep on buying the cheap kent roads.

chucknorris

padington wrote: »

Does winning the game of monopoly bring happiness ?

http://www.telegraph.co.uk/lifestyle/9852906/Money-buys-happiness-I-wouldnt-bank-on-it.html

Well if you are happy you might as well be happy and rich, and if you are miserable you might as well be rich too. Don't see where the money enters into it from a happiness point of view?