THE Prepping thread - a new beginning :)

thriftwizard

My DS2 & TDiL are also looking forward to a drop in property prices & I have no objections whatsoever if it helps them to move out! BUT I'm not so sure they'll find it easy to get a mortgage, if the banks are wobbling...

maryb

For once, I think the regulators may - fingers tightly crossed - have done enough to make sure the banks here are in a better position. Certainly shouldn't be like 2008 when RBS was within half an hour of the cash machines not working

GreyQueen

Building society?

To me, this smells like the property mania at the end of the 1980s. I was a skint newish graduate and was thus saved the possibility of getting into property then. Some of my peers did and lost their houses. The fallout in mental health problems and lost marriages etc was even worse.

Six months or a year can seem an eon to a young person. We older ones know its only a few sleeps, relatively speaking. Get the timing wrong and they'll have several years to repent buying.

I'd love to see property prices crash so that those people currently locked out of the market had a chance to buy a home at a reasonable multiplier of income.

maryb

That's why I think it's quite good in many ways that there is a rental market so that people won't necessarily lose everything.

If something can't carry on, then, eventually,it generally doesn't. But calling the timing.... well if we could do that, we wouldn't have any money worries at all.

jk0

Something occurred to me this week after digesting the Chilcot Report:

I take it you guys have heard of Maxwellisation? (Persons who are going to be criticised in the report are notified of the findings and given a chance to reply.)

Haven't you got to wonder what the report was going to have said about various people before they got in their replies, (and presumably threats to sue Chilcot) if he dared lay any blame against anyone?

maryb

It's a miracle he said as much as he did. I think it was quite a surprise that he did

maryb

From a prepping PoV, I suppose it does at least mean TPTB will be careful in future about dragging us into foreign entanglements

They'll have to rely on Andy Murray winning Wimbledon to boost the feel good factor and lift the economy

Was there a smile? I'm sure I saw a hint of a smile as he lifted the trophy

VJsmum

But, the thing is, a fall in house prices will also benefit landlords (holding my hand up here to being a landlord - albeit to students) who can then snap up houses cheaper and will pay a lower rate of stamp duty. Given that many landlords are big companies who own sufficient properties to not pay the additional stamp duty anyway (something i haven't yet got over), and will have the ability to pay much easier, it may not be beneficial in some areas.

But, I agree, there should be more houses available for people to afford and that can only be a good thing (not speaking as a landlord, we are unlikely to buy any more)

tooties

Evening all,
I thought i would mention why i am a trainee prepper. We like some others on here are fairly rural with no shop within a reasonable distance, i retired very early due to ill health so we are quite skint! OH works which is a bonus and the brood have flown the nest so i only have to feed us and the dog.

I try and keep a well stocked freezer or 2, but i could do so much better with the pantry.

For the first time we are experimenting with a veg patch and a couple of pots for lettuce and herbs.

We keep a small supply of drinking water on hand as our water frequently doesn't arrive in the pipes. likewise a gas stove and torches etc as our power often goes off too.

I taught myself to knit quite well and crochet with mixed results. i do patchwork quilting and i am learning dressmaking just now. None of these hobbies are cheap though.

Anyway thats enough of my prattle for now.

Regards

singlestep

Thanks for making me welcome

Mila, if I had more space, grow lights might be an option. I know their benefits as a former flatmate when I lived abroad, um, found them particularly effective for the kind of herbs that some people use in medicinal brownies

I'm currently on a mission to empty my freezer to defrost and start to re-stock before work becomes frantic again. I do batch cook but more often forget to defrost than not before going out in the morning (and don't currently have a microwave). I just have an under-the-counter one but, even while not currently working, I'm amazed at how long it's taking!