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About Fairyland

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  1. Telegraph: The hidden 'mansion tax' that could cost buy-to-let investors thousands I wasn't aware the threshold is reduced to £500,000
  2. There is no housing bubble ... Let them eat cake.
  3. DT: Esther Rantzen: Decline of the housewife leaves children with no-one to talk to I understand there is a pressure for both parents to work to keep a roof over their head and put food on the table. However, this is very worrying.
  4. Non, je ne regrette rien

    Sadly, you may be right. I hope some day people gather courage to revolt against this otherwise they may be stuck in jobs they don't like for most of their lives. Don't want to thank what will happen with pensions.
  5. Non, je ne regrette rien

    I actually feel sad that these young people have just committed 40 years of their most productive life to pay for someone's fat profit. Once they are done with the mortgage they would be 65+. When/how will they enjoy life/pursue hobbies? will they then put their children through the same?
  6. Telegraph: Pensioners told homes are not 'assets to pass on to offspring' as minister revives dementia tax row I thought this was discussed here a while ago.
  7. If I have to name one thing that can cause a crash it would be 'IR rise'. It has kick started, don't know how/when it will gather pace. Any thoughts? http://www.bbc.co.uk/news/business-41523941
  8. BBC: http://www.bbc.co.uk/news/uk-england-berkshire-41351549 This came as a big surprise to me.
  9. I(diots) have to pay £15,000 extra stamp duty

    Aren't these the people who have contributed to HPI? In my observation consumerism instinct is so strong in some people that they would buy at any price. And then there are others who preach that you can't go wrong with property.
  10. The US started it. Canada followed. ECB is talking about ending QE - ECB to announce winding down of bond purchases in Sept: WSJ What is the real trigger? Why at this particular time? Was the housing boom 2014 - 2016 related to this transition?
  11. Rent Companion - Rent/Wages

    Do Reading and Slough have higher wages than Oxford?
  12. Good news bit I still think £340K for a one bed flat in Brixton is bit expensive.
  13. Enjoyed reading this. LOL. Would it be possible to post this along with previous quotes so we have the whole trail to read?
  14. In the bigger picture, would it be more profitable for lenders to simply repossess and sell the same property to another buyer? Are they not keen to reposses? Does it bring them bad reputation?
  15. Generational envy, politics: How and Why have we come to this stage?