It's beyond doubt house prices will NEVER crash

Sibley

'Protected your families?' What about young people trying to get their foot onto the property ladder? For a vast majority of these people it looks nearly impossible. I take it you don't have children/grand children!

I couldn't care less about anyone or their kids.
The more I sell my BTL house for, the better my retirement.

I had a figure of 100 grand profit...We are easily past that mark now and rising.

Pull the ladder up Jack....:beer:

Percy1983

grizzly1911 wrote: »

Like any new technology the consumer never really benefits.

Any compariosn done on the cost of the cars in relative terms or the cost of maintenance. Catalyst converters, EGRsvalves, DP filters, turbos, DMFs, ECUs. The fact that Bob down the garage can't diagnose anything without the the right computer tools and software.

You would be amazing what you can do with a £10 ODB blutooth adapter and any cheap smartphone.

dealer_wins

ruggedtoast wrote: »

My son is 4 this year and I am starting to feel seriously pessimistic that he will have any chance of buying his own place in 20 or so years time. I had previously assumed that all this nonsense would be over by the time he is an adult.

Hopefully the pendulum will start to swing in the other direction but when you look at all the props the government are putting in place to stop new building and condense demand I wonder.

If you put away a couple of hundred a month for his "home deposit fund", you will set him up nicely in 20 years time!!

thor

EvilJaz wrote: »

Didn't say the UK economy

But your right i'm guessing the main reason for the credit crunch within the UK was the miss selling of the AAA rated investments by the Americans.

Erm 90% of the mse board lead by good ole Wookster have been trying their utmost to persuade us that it was Gorden Brown and New Labour who destroyed the world economy(nothing to do with the States or anywhere else). What do you say to that?