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House Price Crash Forum


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Posts posted by tinker

  1. 5 hours ago, dpg50000 said:

    I live in NW England. My daily round trip commute is 3 - 3.5 hours now, and it's only 35 miles each way (to and from Manchester). By rail it takes the longest, but is least stressful. Car is maybe 30 minutes less in total, but super stressful due other congestion. I agree with the other poster - by Friday, my productivity has dropped through the floor due to being knackered. As a result, even though I like my job and the company are fantastic, I'm looking for something closer to home, even if it is less pay. It's simply not worth the quality of life reduction to keep it up, and unfortunately the only failing my current employer has is a blind spot regarding working from home (they want you the office 5 days a week, even though our remote working setup is excellent).

    Commuting is not much fun, maybe in time remote working will get more traction. That leisure society we were once promised isn't going to happen. Quality of life is down the pecking order.

    Over coming years your NW Manchester commute is not going to get any better, the new Greater Manchester Authority about to hammer commuter routes in their pursuit of growth. Egos at work.

  2. Posted on the other, unmerged thread:

    Caught the programme... Making the problem about lack of supply, hoarding and drip feed by builders. First 'expert' (London School of Economics) bemoaning high prices, all about supply... no mention of course of role of banks and government policy!

    I don't think there has been a single programme addressing the real issue of why houses are unaffordable. House prices trebled in a few years under Labour. That was neither normal nor clever economically.

  3. The Referendum vote really was a once in a lifetime chance to escape the yoke of the EU political construct; get back to a trading relationship with our neighbours, whilst having a fully accountable legislature and independence as a nation.

    Similar with Trump in the USA, it feels like a last chance for change.

    Soon, the numbers and demographics will make the situation unredeemable (peacefully anyway). That our politicians can't be trusted is self-evident. They simply weren't prepared for the result, and now we see an implacable move to water down Brexit. Leaving without leaving - for our own good. Benefits no-one really except those calling the tune, making hay, whilst making our lives harder, less pleasant.

    Dithering over Article 50 has not helped.    

  4. 5 minutes ago, TheCountOfNowhere said:

    Thatch...caused the whole f**king problem.

    I mean in terms of strong leadership.

    Yes, I agree selling off council housing was a very bad idea, and is at the root of our problems. Major let a crash happen; yet Brown and New Labour did much worse than Thatcher in not reversing her actions, being deceitful about regulation and real inflation, and pumping up the mother of all bubbles... until Osborne.

    It has always been unsustainable, however there are moments when a new direction can be set.

  5. FT is and has been full-on anti-Brexit, of course they are bigging up their man. He simply needs to go. It is equivalent to 2010 when Osborne had the chance to distance the Conservatives from the Labour housing bubble and allow the correction. He goes now and it is a sign that things have changed and priorities are different; that May has balls - like Thatch!

  6. Amazing how many are cheering Carney as some sort of all-knowing expert on Twitter, glorying in the 'connection' to Brexit. It is nonsense of course, the pound could be protected with an interest rate nudge upwards, even a few positive words. Devaluation is deliberate, and inflation the goal.

    Carney has done very little to merit his huge salary. Currently pimping green investment in developing countries - all that free money the 1%ers are getting has to earn a fast buck somewhere.

    He needs to go.


  7. Lack of skills seems to be polispeak for prepared to work very cheap.

    There is no excuse for young people not to be prepared for either work or 'in-work' training after 13 (leaving at 18) or 18 years (sixth form plus degree) of education.

    As Winkie says, what does that say about the education system.

    Extending education really about keeping youth unemployment down; except they have managed to find a way to financialise it whilst growing the academic sector.

  8. https://www.theguardian.com/business/2016/aug/18/ons-data-shows-uk-wealth-wedded-to-property

    Britain’s obsession with property has sent the country’s net worth soaring to an estimated £8.8tn, an increase of 6% (£493bn) compared with the end of 2014.

    A surge in house prices in 2015 offset the UK’s decline in savings, the slow recovery of the banking sector and the government’s growing debt mountain.

    Overall, house prices increased by 7% in 2015 to add a further £355bn to the already huge value locked up in Britain’s homes. The Office for National Statistics said in its annual assessment of Britain’s assets and liabilities that the value of dwellings was estimated at £5.5tn at the end of 2015, more than four times their estimated value in 1995, when the figure touched £1.2tn.

    Completely bonkers isn't it?

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