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I've Been Away For A Week...has Anything Happened ?


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#1 TheCountOfNowhere

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Posted 24 February 2012 - 03:40 PM

I've been in deepest darkest India for a week....no internet,which is an odd feeling.

Has anything of any interest happened this week ?

I spoke to a nice Indian chap this week who wants to move to the UK his main reason...because he gets the impression from the BBC website that the UK is doing well in the recession. :lol:

#2 winkie

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Posted 24 February 2012 - 03:49 PM


What you don't owe won't worry you.

Less can be more.

#3 satch

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Posted 24 February 2012 - 03:59 PM

Greece has been fixed and house prices rose by 15% in Richmond in the last month alone.
George Osborne July 2013; 'I don't think in the current environment a house price bubble is going to emerge in 18 months or three years.' Mark Carney September 2013; ' ... there has been an improvement in prices and activity (talking about the housing market) Osborne to cabinet as quoted in the Indie October 2013; "Hopefully we will get a little housing boom & everyone will be happy"

Osborne says; “Printing money is the last resort of desperate governments when all other policies have failed.”

George Osborne December 2008; “Savers and pensioners are the forgotten victims … They are innocent bystanders and it’s simply not good enough for the Government to walk on by."

In his 1997 Budget speech, Gordon Brown said, "I will not allow house prices to get out of control and put at risk the sustainability of the future". He went on to say that he did not want a return to "instability, speculation and negative equity" of the 1980's and 1990's.

#4 Squeeky

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Posted 24 February 2012 - 04:03 PM

http://www.youtube.com/watch?v=P8a4iiOnzsc


In short nope, you haven't missed anything, move along.

- Workfare boycott and the benefit trap still alive and well.
- Rents up 0.1% apparently (6.0% London, negative in other areas of the uk, averaged out at 4.3% increase YoY according to LSL report.)
- House price's up with rush of buyers or down with a buyer shortage depending who is reporting, the usual. i.e fairly stagnant, but FTB incentive is going, and people trying to beat the deadline skewing the figures which people are taking for a spring bounce and good times ahead.
- Lots of disaffect HPC's. While in a crash, want it bigger and better than ever.
- All the major banks have made record losses again, but still paid bonuses to keep talent. Oh and AVERAGE wage for an investment banker at Barclays is 199k, while at rbs it is ONLY £119k. I really don't think my career councillor at school properly informed us of our choices back then :/. If only I could be paid that much for loosing money on my pension.

Many other things, but that depends on what you find significant....

Edited by Squeeky, 24 February 2012 - 04:13 PM.


#5 aSecureTenant

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Posted 24 February 2012 - 04:40 PM

Northampton housing market hotter than Londons apparently. Rich Russians and Chinese rushing to live around the Racecourse, Abington Park, Lings, Lumbertubs and Thorpelands. Better get savvy and snap up a bargain!

"Capitalism has defeated communism. It is now well on its way to defeating democracy" - David Korten

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#6 TheCountOfNowhere

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Posted 24 February 2012 - 05:25 PM

Northampton housing market hotter than Londons apparently. Rich Russians and Chinese rushing to live around the Racecourse, Abington Park, Lings, Lumbertubs and Thorpelands. Better get savvy and snap up a bargain!


Oh dear, go away for the week and the place falls apart. gets better

Thanks for the 'welcome home' that made me laugh,#

I read in the hindu times today that barrat homes ( or some other house builder) shares are up40 % since January and they have declared the housing market has turned a corner....That cheered my morning up no end :blink:

No mention in the paper of the ongoing government support and the the end of the stampduty holiday :lol:

Edited by TheCountOfNowhere, 24 February 2012 - 05:29 PM.


#7 juvenal

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Posted 24 February 2012 - 06:34 PM

Oh dear, go away for the week and the place falls apart. gets better

Thanks for the 'welcome home' that made me laugh,#

I read in the hindu times today that barrat homes ( or some other house builder) shares are up40 % since January and they have declared the housing market has turned a corner....That cheered my morning up no end :blink:

No mention in the paper of the ongoing government support and the the end of the stampduty holiday :lol:


Typical Hindu Times...
'And while I live, no fool or noble knave
Shall walk this world, in credit, to his grave..'

'The pension system has been a very nice gravy train for all of those involved except for those paying into it.'

'Let's see if we can get it for the asking price..' Kirstie Allsop

"Be under no illusion. You will not escape the net..." S'rAlan Sugar

Sex, drugs and sausage rolls...

The House of Lords: 'The Ermine Vermin....'

#8 Crashman Begins

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Posted 25 February 2012 - 02:24 AM

Another billion has been printed by the FED
[size="3"][url="http://precious-metal-investment.blogspot.co.uk"]precious-metal-investment.blogspot.co.uk[/url][/size]

BBB @ Dec 5 [size="5"]2004[/size], 05:30 PM: some credit crunch guys....not my idea of a credit crunch......is it yours?
''first this will happen, then this will happen'' you all said..kind of throws all your baloney theories out of the window doesn't it?

They will do anything to avoid suggesting that the size of the pie is not the real problem, it's the way it is sliced.





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