I Bought A House...in Canada
Posted 15 April 2012 - 09:37 PM
I don't hate England and I don't hate the Engish. When I wa growing up I dreamed of living in a village or small town, raising a family, going on holiday a couple of times ayear etc. Gone...no ******ing chance, even for someone earning a decent salary. If I sound bitter it's because my dream of living in my own country and having a reasonable lifestyle were robbed from me by successive greedy government pandering to corporations and banks...flooding the country with too many people (not their fault...HM gov's fault). But I'm not bitter, if anything I'm grateful as it drove me to look overseas and now that I've left, I can see just how much greener the grass really is, and if they started giving away country cottages in Sussex, I still wouldn't go back.
Posted 11 June 2012 - 08:56 AM
Vancouver’s drop of 9.1% (a “loss” of $97,300 !!!!!) in May is as spectacular as the rise in the preceding months, although this sharp increase has been put down to lucky flippers finding the last few fools.
Lets see if the speculators now start rushing for the exits.
Edited by Captain Cavey, 11 June 2012 - 08:58 AM.
Posted 11 June 2012 - 12:06 PM
Posted 26 June 2012 - 07:58 PM
If you say "Democorruptcy" quickly, it sounds a bit like "Democracy". In a "Democracy" people vote for politicians who represent their interests. In the UK's "Democorruptcy" people can only vote for expense fiddling thieving MPs who are in the hip pocket of big business and the finance sector.
A "Governbankment" is a Government like ours, that has no line between itself and banks. It diverts public money (our taxes) to private companies (banks). George Osborne's Help to
Buy Bail Banks, promises our taxes will go to bankers, to cover their losses on mortgages that default.
The more houses cost, the more hours you have to work to buy one. The more hours you work, the more taxes you have to pay the Governbankment. The more debt you take on and the longer the mortgage term, the more interest you have to pay bankers, so the more hours you also have to work for them.
House were cheap when people did mortgages at 3x main income for a whole house. Now banks encourage them to do 4.5x joint income, often for only a share of a house, the houses cost a lot more. House prices are all about people's appetite for lending.
If it is asserted that civilization is a real advance in the condition of man -- and I think that it is, though only the wise improve their advantages -- it must be shown that it has produced better dwellings without making them more costly; and the cost of a thing is the amount of what I will call life which is required to be exchanged for it, immediately or in the long run.
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