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About Warwick-Watcher
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Last sold for £310k in 2015. imagine the price difference if that was a London property 9 years ago.
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6 days pension. I think I’d be tempted to write several dozen low value cheques to pay that back, just to spite them!
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Examples of big & multiple drops
Warwick-Watcher replied to user not found's topic in House prices and the economy
£260k for a 4 bed with garden. Seems like a bargain compared to most places in England. -
I think it’s politically motivated. If Lord Adonis had said it would cost £100 billion to build a railway from London to Birmingham and beyond the project would have been canned before starting. By deliberately underestimating (aka lying) about the true cost you get to start and then political pressure sees it continue despite the cost rises. i accept for HS2 there has been significant construction cost inflation. What we need in the UK is to give a choice to the public who have to pay for this eg “would you like a new railway or another 4 large nuclear power stations to give reliable green energy?”.
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Scotland Budget 2023
Warwick-Watcher replied to hurlerontheditch's topic in House prices and the economy
Remember that today’s contributions to the NHS pension scheme are going to pay today’s NHS pensioners. The employer contribution to the teachers is going up 5% this year. No doubt due to the 10% rise in their pension earlier this year. All the unfounded large government schemes went up the same this year, so that’s another 10% on the £2.3 Trillion pension obligation. -
Minimum wage to rise to £11.44 an hour
Warwick-Watcher replied to cdd's topic in House prices and the economy
Problem is differentials are getting eroded. Higher skill jobs barely pay more than minimum wage. Why bother - just stack shelves in a supermarket.