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About JustAnotherProle
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Who Would You Vote For in EU elections?
JustAnotherProle replied to a topic in House prices and the economy
I'd rather be gammon than garlic. ? Edit: Except on bread of course, because I am civilized -
It seems that Australia has a problem with quickly constructed "luxury" apartments with major defects.. 450,000 households in negative equity...oh dear. This is worth a watch:
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Alternative investment - buy2letcars.com
JustAnotherProle replied to Sellotape's topic in House prices and the economy
I can't help but shout at the TV when this ad appears, end game rentier BS but with cars...GTFO -
Weird Letters from Estate Agents
JustAnotherProle replied to Tes Tickle's topic in House prices and the economy
I'm quite used to the fairly regular and desperate calls from a local estate agent asking me if I have reconsidered selling up after they visited months back for a re-evalution of my place. The last one was a bit weird, he seemed very keen to get me another valuation until I said it wasn't worth it as I knew the valuation was going to be less than a few months ago as prices where I live are heading south, this was followed by silence on his end, I then followed up with the fact I would have to be crazy to have anything to do with the UK housing market right now with Brexit etc waiting in -
Indeed, 20% on second homes, 30% on third homes..etc etc.
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Monster mortgage madness
JustAnotherProle replied to Trump Invective's topic in House prices and the economy
I think the whole impression they are trying to give is that lending like this isn't primed for disaster, rationalising it by covering up the whole thing with the strict "professional only" veneer. It looks like a smokescreen to advertise a clearly irresponsible product, at a time when they are desperate to keep the plates spinning and probably hoping we don't ask too many questions; like why would "professionals" need a specific high risk mortgage in the first place if everything to do with UK housing supply and access to it wasn't totally out of kilter with the reality of earnings? . Lo -
Intrusive adverts making this site unusable
JustAnotherProle replied to goldbug9999's topic in House prices and the economy
I use Firefox with NoScript extension, I don't see any ads at all. -
Nah mate, it's good enough for renters. Nobody would buy these to actually live in themselves surely?
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Debt is Wealth innit. Edit: Ok I read the article and I get the impression that negative equity is some mythical beast that only exists in legend, most of us know what could be coming, and getting more debt to pay for the debt is terrible advice to quell the naive readers fears. So wise, I wonder how easy this would be when IR's start to creep up higher and higher...
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THE GREAT BIG CHINA THREAD
JustAnotherProle replied to winkie's topic in House prices and the economy
The Chinese have developed a laser weapon that causes "instant carbonisation" of human tissue: https://www.independent.co.uk/life-style/gadgets-and-tech/news/china-laser-rifle-zkzm-weapon-police-terrorism-chinese-academy-of-sciences-a8427071.html I have to wonder why they would be investing so much in this line of research and development...I guess it isn't to burn off warts at 800m