HPC thread of the week

chucknorris

mwpt wrote: »

Oh, wait, what?

I completely didn't read that as talking about a specific person, apologies.

I have no bad feelings whatsoever about bears (I mean I am very bearish now myself) or renters.

mayonnaise

Uh oh. Eric Pebbles is having a breakdown.

SERIOUSLY guys --- SERIOUSLY!!?!?!??

SOMETHING IS JUST NOT RIGHT HERE!?!? SOMETHING IS WRONG!!

WE NEED TO UNDERSTAND HOW THIS CAN BE THE STATUS QUO ---

WE NEED TO UNDERSTAND WHERE THIS "MONEY" IS COMING FROM! THIS IS ABSOLUTELY FUNDAMENTALLY IMPORTANT!!!



WHERE IS THIS "MONEY" COMING FROM????

http://www.housepricecrash.co.uk/forum/index.php?/topic/208230-are-you-amazed-as-to-how-anyone-can-afford-to-live-in-the-uk/
More balanced debate, HPC style. :rotfl:

westernpromise

I love the bloke in that thread who's using the wait for a table in the Gateshead Toby Carvery as a proxy for the state of the economy.

Clearly the BoE MPC is missing a trick here. Instead of looking at rubbish like unemployment and the trade balance they need to be focusing on key metrics like how rammed it is in the Darlington Ikea and how the wait in the Toby Carvery has bubbled unsustainably to 45 minutes.

I'd assume he was a particularly witty troll, but 1/ nobody there ever laughs, because it's immoral, and 2/ everyone there is a crash troll anyway.

ukcarper

mayonnaise wrote: »

Uh oh. Eric Pebbles is having a breakdown.



http://www.housepricecrash.co.uk/forum/index.php?/topic/208230-are-you-amazed-as-to-how-anyone-can-afford-to-live-in-the-uk/
More balanced debate, HPC style. :rotfl:

More critcle post that I though there would be considering what I hear here.

Hazzinho

I vote we leave this thread annually, would love to see analysis combined with their predictions, would be much more interesting . No chance the prices will drop this year in my opinion, I'm confident of that, happy for them to save this thread, prove me wrong! :-)

Crashy_Time

westernpromise wrote: »

I love the bloke in that thread who's using the wait for a table in the Gateshead Toby Carvery as a proxy for the state of the economy.

Clearly the BoE MPC is missing a trick here. Instead of looking at rubbish like unemployment and the trade balance they need to be focusing on key metrics like how rammed it is in the Darlington Ikea and how the wait in the Toby Carvery has bubbled unsustainably to 45 minutes.

I'd assume he was a particularly witty troll, but 1/ nobody there ever laughs, because it's immoral, and 2/ everyone there is a crash troll anyway.

It has implications for his local economy, although there can`t be many decent pubs there if people were prepared to wait that long, I would have been chewing the tables by then. Footfall doesn`t mean people are flush though.

Crashy_Time

Hazzinho wrote: »

I vote we leave this thread annually, would love to see analysis combined with their predictions, would be much more interesting . No chance the prices will drop this year in my opinion, I'm confident of that, happy for them to save this thread, prove me wrong! :-)

You will have to do better than that if you want to join a grown up debate I`m afraid.

mwpt

http://www.housepricecrash.co.uk/forum/index.php?/topic/208256-buying-in-south-east-stupid-idea/?p=1102873030

If Jake isn't a troll, I hope the unpleasantness makes him reconsider taking advice from them. Not saying he should definitely buy but my advice to the guy (if I could post there) would be, look to the lodger situation and work out if buying makes sense vs renting/sharing. My guess is it would.

chucknorris

mwpt wrote: »

http://www.housepricecrash.co.uk/forum/index.php?/topic/208256-buying-in-south-east-stupid-idea/?p=1102873030

If Jake isn't a troll, I hope the unpleasantness makes him reconsider taking advice from them. Not saying he should definitely buy but my advice to the guy (if I could post there) would be, look to the lodger situation and work out if buying makes sense vs renting/sharing. My guess is it would.

Having a lodger is (as you know) very tax efficient, I can see this becoming more and more popular with single FTB's (even some couples). Obviously it isn't ideal for everyone, but if it makes it viable, it is worth considering for a few years.

Perhaps it could even be used with the BOMAD, where retired parents/grandparents who have capital, but need the income, could redirect their investment(s) for the lodgers rent (in part or full).

robmatic

chucknorris wrote: »

Having a lodger is (as you know) very tax efficient, I can see this becoming more and more popular with single FTB's (even some couples). obviously it isn't ideal for everyone, but if it makes it viable, it is worth considering for a few years.

I bought in 2010 in a development of 1 and 2 bedroom flats. Two bedroom flats when they came on the market were about £30,000 more expensive than the 1 bedroom ones but by getting the extra bedroom I was able to rent out my spare room for £350pm tax-free.

It made a lot of economic sense.