How much false wealth is in the UK as a result of house prices?

lewt

PasturesNew wrote: »

As I survey all around me, I know I own everything I can see. Everything. Outright. I estimate to completely replace everything I own brand new would cost me no more than £1000. Max! More than likely I could do it for £600.
.

And you called me a peasant a few months ago? :rotfl:

PasturesNew

lewt wrote: »

And you called me a peasant a few months ago? :rotfl:

Shhh. You're not supposed to make notes.
In fact, I don't even remember it.

There's no shame in owning nothing. So long as you owe nothing.

Actually, I gave away and binned everything I owned 9 months ago. The lot. Decided I didn't want to put stuff into storage, I'd simply travel light and possess the bare minimum.

I am now renting (furnished) and don't see the point of buying things. I want things to be easy when I move from here ... because I have no idea when that would be, where to or why. I could do anything from relocate for a job, through to buying next door in 5 years. Anything can happen.

Right now, I can put everything I own in my one small car and relocate anywhere I want at the drop of a hat.

PasturesNew

JonnyBravo wrote: »

Absolutely, prob half of my spending is business related expenses.

I use the hotel loyalty cards for their points for my business trips, that gets me enough free stays to not need anymore from a CC from them. (try to stick to Hilton and the various Holiday Inn types for that as they are multi-national with loads of choice)

Don't collect airmiles.

I don't ever have any business expenses. When I have been in jobs that put me in hotels they were always a travellodge or a kwality hotel and the bill was paid direct by the company. I had to pay for food usually, with a daily budget of £20, which tended to be £6 for breakfast, £5 for lunch, £9 for evening meal. But if you are going there and back in one day it'd just be about £6 lunch allowance.

I've never been in a hotel as posh as a holiday inn.

I guess if you are on regular business trips it can be worthwhile. But I've always had to have a sub from work for the money I was going to pay out on the trip.

I've never flown. I don't fly.

BiggaThanBen

PasturesNew wrote: »

My cash is in the bank(s) and so none of it is fake wealth.

Tell it to Zimbabweans ..

PasturesNew

BiggaThanBen wrote: »

Tell it to Zimbabweans ..

I've no idea what they're up to.

However, I would point out I stated bank(s).
Plural.
Got accounts in most places now.
Although thinking about having an envelope of cash in the house in case things jam up for a week at any point.
Wouldn't need to be much. Just enough to keep ticking over while things sort themselves out.

JonnyBravo

PasturesNew wrote: »

I don't ever have any business expenses. When I have been in jobs that put me in hotels they were always a travellodge or a kwality hotel and the bill was paid direct by the company. I had to pay for food usually, with a daily budget of £20, which tended to be £6 for breakfast, £5 for lunch, £9 for evening meal. But if you are going there and back in one day it'd just be about £6 lunch allowance.

I've never been in a hotel as posh as a holiday inn.

I guess if you are on regular business trips it can be worthwhile. But I've always had to have a sub from work for the money I was going to pay out on the trip.

Fair enough.

Tell you what.... don't get one of those cash back credit cards. Not worth your while.

PasturesNew wrote: »

I've never flown. I don't fly.

:rolleyes:
Live it up fella!
Each to their own I guess.

JonnyBravo

PasturesNew wrote: »

Although thinking about having an envelope of cash in the house in case things jam up for a week at any point.
Wouldn't need to be much. Just enough to keep ticking over while things sort themselves out.

Jeez!
You gonna buy a bunker too?

Seriously, if "things jam up for a week" then having an "envelope of cash" ain't going to help. You'll be needing a large stick to beat your way through the hoardes trying to stockpile food and then you'll have to pay in gold.

PasturesNew

JonnyBravo wrote: »

Fair enough.

Tell you what.... don't get one of those cash back credit cards. Not worth your while.




:rolleyes:
Live it up fella!
Each to their own I guess.

Female ... with aspergers. Which means I don't do much that involves "change" and "the unknown".

PasturesNew

JonnyBravo wrote: »

Jeez!
You gonna buy a bunker too?

Seriously, if "things jam up for a week" then having an "envelope of cash" ain't going to help. You'll be needing a large stick to beat your way through the hoardes trying to stockpile food and then you'll have to pay in gold.

Cash can get me anywhere in this country though. Petrol, food ... ferry ticket maybe?
At least head out to the country, go chat up a farmer.

BiggaThanBen

PasturesNew wrote: »

I've no idea what they're up to.

Inflation can seriously affect your savings ..., or "house prices can never fall" is replaced by "money value never fall" now? I would only rely on gold, Picasso paintings, own oil platform etc.