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House Price Crash Forum

MrPeregrination

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About MrPeregrination

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  1. Surely there are tax ramifications for this? I thought you can only be gifted so much before you have to pay tax on it?
  2. My rent hasn't gone up a penny in 3 years and it wont be going up for at least the next 3. The landlord tried to raise it by "only 10%" on the recommendation of the agent last year. Apparently he was being generous as 20% raise was the actual suggestion. Told him to ****** off and had a new house lined up at 20% less the next day. He got around to calling me back a few days later to let me know he'd decided to allow me to stay for the current rate. I had the great pleasure of explaining to him I'd found somewhere else for less already so would just let the contract expire at the end of the month and move. Pretty sure he crapped himself there and then as I'd be out before needing to move on to a rolling lease and so didn't need to give any notice at all. He was suddenly faced with not getting any rental payment the next month. Unfortunately the other house fell through due to dodgy agents so I ended up staying where I am without any rent change. Pretty sure he's not going to try and raise the rent again any time soon but I'll be moving somewhere cheaper in the new year. Rents in me area have gone down, not up. I strongly suggest to anyone who gets a rent raise to tell them to stick it and move somewhere smaller if necessary. People have got to start fighting back.
  3. Someone really wants that share price at 100. I wonder if they have some sort of clause on a loan or something that requires then to be at 100 or above to avoid triggering higher rates or some other thing they want to avoid...
  4. Ah, that would explain why the chinese produce nothing! Oh.
  5. It makes perfect sense when you take into account the coming election. The current crop of retards 'running' the country will do anything they can to keep things from falling apart until after the election, even if it makes things far worse in the long run. The americans have had their election so it doesn't matter anymore. The next bunch of retards to lead us will probably stop trying to ramp things because they have 5 years breathing room. It will no longer matter to them if the economy goes tits up - and it will, there's nothing that can stop that now and all the delays are just making things worse.
  6. Good. Then maybe we'll finally get the bastards to look into the truly vile tenancy laws I currently have to put up with in this country. Last time I wrote to my MP to ask him to look into them his response was "you should be happy, you only have to give two months notice you know!". This was at a time when the agent was threatening to throw me out with a 38 week pregnant wife if I didn't pay them what amounted to extortion money. Yes, I know it's not unexpected that my MP is a *****. I doubt that will be the response he gives once he's been affected by the laws though. The MP was John Redwood by the way, in case you are interested.
  7. I know in my area a considerable number of landlords are putting their house up for sale now that prices "are going up". I know this for a fact because I'm having to find a new house and there aren't any suitable properties available, I'm having to move right across the city to a new area entirely. Everyone I talk to seems to have rental properties that they are now selling. It's bizarre - even the secretary at work mentioned she had a number of properties she rents but can't help me because she's selling them as soon as the tenancies come up for renewal. What the hell is someone working as a secrectary doing with a "property portfolio" anyway?! Madness. The really stupid thing is they've all sat there over spring/summer watching houses sell and now winter is coming they've decided they've seen a recovery so they'll sell up after the nasty little scare they had last year when prices dropped. Now there are going to be piles of empty, ex rental, properties landing on the sales market just as the buying season comes to an end. The house I live in is very dark and without heating in winter is going to be dark, cold and probably damp - it wont sell. I hope it doesn't, the ******* gave us notice to vacate with a three week old baby. I'll laugh my head off as his house rots slowly.
  8. This new format is HORRIBLE HORRIBLE HORRIBLE! Please make it go away.
  9. This new format is horrible. Please revert to te old version, or at least make the damn thing readable again.
  10. The trouble is, in many cases, it wont be them getting repo'd - it will be their tenants.
  11. You are getting angry at the wrong people. These flats are sub standard and should never have been built. If someone bought one thinking the price would go up forever and they'd be able to make enough money out of it to 'move up' then they were stupid. They should take up the poor quality with the builders - not insist on 'other people' being forced to live in a craphole just because they were stupid enough to buy one. These things never should have been built but now they have been they either need to be redesigned to a proper quality and size or knocked down. Foisting them off on people who have no choice is not the answer. Amazingly, even after that idiot Brown has had a decade to destory the economy, we are still a fairly wealthy country. There is no reason for anyone to live in these badly constructed, tiny flats.
  12. High cost of living in this country is a problem, sure. However, the chinese shouldn't be working 80 hours a week. That they are is the real problem. People in this country, and most other western countries, fought really hard for things like weekends and a 40 hour week. All that hard work is now being undone because we have given far too much power to corporations who abuse it by moving jobs to the cheapest areas. All good and wonderful for the corporations - not so good for anyone else. Globalisation has gone too far. Countries should start putting tarrifs on goods from countries that don't have a certain level of worker protection and possibly outright banning imports of goods from countries that don't abide by some basic rights for workers. Compulsory weekends and a minimum 2 weeks paid holiday a year for a start. It'll hurt the lowest paid to begin with but these countries will have to fall in line and pass laws to protect their poorest if they want to sell the the rich countries - and they do, we have all the money. For the last few decades we have had the ultra wealthy try and rip the workers of most developed countries down to the level of poorer contries. They've in large part succeeded in this. Sure, we still ahve 40 hour weeks and holidays etc but already a lot of the protections that were hard fought for by previous generations are weakened. Instead of letting our workers compete against third world countries how about our government gets its head out of its **** and starts forcing corporations to give the same protections we take for granted to any worker they employ, wherever they live. Lets pull everyone up instead of down. There will always be poor people in the world but previous generations lifted themselves and their children out of poverty in large part by forcing fair pay and decent working conditions. Lets try and help those in countries with less protections GAIN the protections we have instead of losing ours so we can 'compete'.
  13. I wont argue with you. It's the same for pure communist countries though - it can never be pure communism because the people running the show will run it for their own personal gain, not for the gain of the whole country - just like our current system that is mostly capitalist but has been bastardised by the corporatists. I personally think this country has currently swung far too far in the direction of pure capitalism, which leads to a few ultra rich runnning things for their own benefit. I'm sure in the past this country was probably too sociaist and a different set of rich, powerful pricks would have made sure the system was bastardised to work for them instead. It's not the economic system in particular that is the problem. It's the extreme it is taken to.
  14. Funny - I used to think of Blair as Thatcher with a smiley face, he certainly didn't roll back much of what she did. But again, Blair was just a thief in the end. He probably continued down Thatchers route simply because to do otherwise would have taken some original thought that would have taken time away from his theiving.
  15. A real socialist government wouldn't be trying to privatise the health system via the back door. They wouldn't be trying to sell off the postal service. They wouldn't allow the evil tenancy laws we now have. If you want to argue that socialists destroy the economy then fine. Do so. I actually have no real interest in arguing the case because I have no great interest in socialist or capitalist dogma. It's all worthless. You can't argue that the current government is a socialist government though. They like to tell the old socialists that they are and amazingly they seem to be able to convince them. That doesn't make it true. The people currently in power (and I include the opposition in this) are just thieves plain and simple. They have no real ideology - they just want to take as much of the countries wealth for themselves as they can. Arguing this lot are socialists is like arguing George Bush was a conservative (in the American style of conservatism). He says he was, but actually he was just a thief. Many left wingers in the US are decrying conservatism as the destroyer of their economy (and I do tend to agree with them). Where they go wrong though is holding up the idiot Bush as an example of conservative failure - just like you holding this lot up as an example of socialist failure. It doesn't help your case against socialism to use these idiots as an example of it. They simply are not. Amusingly, in the end both unfettered capitalism and pure socialism fail for the same reason. Greed. Lets be honest - greed is a great driving force in humanity whether we like it or not. It's not the only one but it is a powerful one. Full socialism eventually fails because greed has no real way to drive a person forward as no matter how hard they work they'll still end up with the same amount. Capitalism fails because unchecked greed eventually leads some people to utterly screw everyone they can to gain more for themselves - and in the process they tend to bring down the entire system (watched a good bank fail lately?). Allowing any economic system to be taken to it's extreme just causes failure eventually.
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