Friday, Nov 30, 2007
May offend some (Adult Language)
The Daily Mash: ESTATE AGENTS WILL STARVE TO DEATH AFTER HOUSE PRICE CRASH, SAYS UPBEAT REPORT
WORRIED homeowners were cheered last night as economists revealed that next year's house price collapse will lead to widespread starvation and prostitution among Britain's estate agents.
Posted by landedgentry @ 03:51 PM (1192 views) Add Comment
26 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. the northerner living in oz said...
It sums up my fealing about Esate Agents.
2. Steve said...
@ landedgentry
Next time you post something like this, don't warn 'Adult Language'. A better warning would be 'Caution - Reading this link may cause you to spay beer over your laptop and wake up the baby by laughing too loud'
3. enuii said...
Last sentence nicely sums it all up for a Friday night, 'estate agents are currently worth 'absolutely #### all' to the British economy, which would be Ł600 billion better off if they all dropped dead overnight'.
4. dohousescrashinthewoods said...
Good warning. Very funny! Love the bit about the mini.
5. x blogger said...
Guys, you are just kicking around the fringes and doing this blog a great diservice.
You are all missing the BIG picture here.
There are some very smart bloggers at HPC. Get real about this.
Or is your sole mission just to be right about a housing crash....Bit sad..
After this crash you may not want to buy a home in the UK.
6. x blogger said...
OK THE CRASH IS UPON US.
I think we should be trying to move on to solve how the UK is going to get out of this mess instead of talking about how we are getting into it. It's wearing a bit thin.
My thoughts.
7. uncle tom said...
x Blogger - I'm with you,
The next phase is about timing and getting the best out of the crash - this sort of crap is cheap and juvenile..
8. shipbuilder said...
Ditching the entire financial system and going back to the drawing board would be a start. You can't have a crash if you don't have a bubble and you won't have a bubble if you have an economy that doesn't rely on growth to survive. Unfortunately it suits the powerful just the way it is so we can expect same again until we run out of resources to 'exploit'. That's when the real fun starts.
9. x blogger said...
Thanks for some feedback
I am a realist too. But finding out about how this disaster will unfold will be much more interesting and enlightening. There are many problems to resolve and conclusions to make.
10. george monsoon said...
Class..!!
Come on own up, it must have come from someone here!!
11. the northerner living in oz said...
OK THE CRASH IS UPON US.
I think we should be trying to move on to solve how the UK is going to get out of this mess instead of talking about how we are getting into it. It's wearing a bit thin.
My thoughts.
Unfortunately there is now no way out of the current mess.
Recession or stagflation or hyperinflation these are all painful
The only long-term solution is a fair tax system.
E.g.
Every one can earn 10k before paying any tax but above that pay 45%
On any earnings including capital gains (Unearned Income) with no loopholes!!!
There are so many loopholes in the current taxation system that the rich pay very little tax.
Of course this will never happen the worlds rich would never allow it.
12. Submedia said...
I dont think the problems can be tackled on a national basis. The economy is a global one now - we are a sub system of a larger global system. Finance and business is now international - has been for years now. The Western world has had cheap money for along time which has caused inflation (house prices, mergers and acquisitions, shares e.t.c). We have borrowed way too much money and now we must pay it back. USA are doing this right now and the weaker dollar is helping them greatly on this. However, that pushes are sterling and the Euro up which makes it harder for us to compete against them. Although, china is now looking to diversify its foreign cash reserves into sterling and euro which is good for everybody. We are also have to cope with wage import inflation from china and india (they are paid rubbish but it will go up making cost of product more expensive). What we have to do short term is hold are nerve and our interest rates and not cut them too quickly on reactionary data. Get people saving and paying off debt as quickly as possible. We then need to cut rates to devalue the Sterling and increase exports to cut trade deficit. We also have to get China to play a far game and revalue their yen. Thats some time away though. House prices are currently a symptom of a nasty virus in our economic system which is the ability of central banks to print new money out of thin air thus allowing air to be blown into the balloon. Until we look at the system bottom up and change its mechanisms we will always see History Repeating Boom Bust Boom Bust e.t.c. But then nature runs in cycles so go figure? Damed if i know. What you guys think?
13. planning4acrash said...
x blogger, are you David 2010 by any chance?! Either that or you may be related, your tone is very similar!
14. Azazel said...
OK, the next phase after the house price crash is not much better. World war three will escalate decimating the population (freeing up houses-buyers market). Large areas will become contaminated or destroyed (development opportunities & cheap radioactive homes for sale). Iran will be attacked by Israel, Iran retaliate, America use low yield Nukes which upset China and Russia who join in the global punch up. Thousands of "immigrants" hijack Britain with smuggled AK47 as army too overstretched to defend homeland.
15. Axxo said...
the northerner living in oz = You need to be able to spell before making comments!
enuii = "estate agents all died over night", bit strong don't you think??
x blogger = Well said that man!!
You all need estate agents to get you the best price in a rising market and to actually be able to sell your home in a crash! I agree there are too many, but the next few years will filter out the crap!
16. Smurf said...
TOO FUNNY I laughed SO much with this article, whatever xblogger or anybody else thinks, its really hilarious
17. x blogger said...
Planning and all
You are joking. I am not in denial or a tw??
Unless HPC can sus out how this will unfold you still have no crash. This whole thing could just freeze up.
Personally I will be leaving UK thanks to my work, it does not matter where i am based.
reall guys you are missing a great op here and selling sort. This site could be so much better.
18. little professor said...
19. planning4acrash said...
x blogger, what on earth are you on about?!
20. planning4acrash said...
This is the best article I've read all year. X-Blogger? You truly are a total TŁat!!!!!
Nikki Hollis, 26, said she was looking forward to picking up a cheap second hand Mini once all the estate agents were forced to hand their's back.
She said: "I would buy one now but I'm worried someone would think I was in the property business and stuff s+it up the exhaust."
21. realist75 said...
Unfortunately x blog there is no way out of this mess:
The credit tap has almost been turned off. People can no longer treat the house like an ATM to keep the 'economy' going or use their credit cards. The 'economy' will retract as a result. Businesses will fail and people will start losing their jobs. Hard times lie ahead. People will be forced to give up their extravagant wasteful lifestyles. Ridiculous growth will be stopped in its tracks. This gives all involved time to lick their wounds, dust themselves down before the whole sorry affair starts all over again hauling in the next up and coming generation.
You'll never change this. It's all about greed and money and no amount of intellectualising will ever to stop it. But you personally do not have to buy in. Like me you can sit on the side lines and refuse to live your life like this. The only thing you can do, is understand how it works and play it to your advantage.
Loved the article by the way. Whatever you say x blog, about how we should conduct ourselves on here, these utter w******* deserve the sh1t that is coming their way.
22. alan said...
I would like to see houses more affordable for the lads in the football team, and they represent a big cross section of young people in my bit of Essex.
As for seeing the whole country go down the tubes because of an economic crisis - I don't want that. The greedy and the egocentric politicians have enough cash to survive, but the ordinary folk don't. Wanting the whole country out of work and on the breadline is a bit too spiteful for me.
The country needs a way forward. Any positive ideas?
23. Happy Mondays said...
Any positive ideas?
A good leader would help, someone who has morals and ethics that are for all the people, and not just the select few!
24. Landedgentry said...
I'm looking forward to picking up a Poxtons mini at auction as a London run around, hopefully its a cooper convertible ;-)
Once the slime has been cleared out and the vinyl covering removed, I'm sure it will be a nice runner LOL
25. the northerner living in oz said...
15. Axxo said...
You need to be able to spell before making comments!
Thank you for pointing out a minuscule-spelling mistake
This was small typing error on my part.
26. the northerner living in oz said...
I had a next door neighbour whom died the house was sold to
A friend of an estate agent at 30% less than its true market value.
One year later it was sold on again for its true value.
And then you wonder why people dislike estate agents so much.