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House Price Crash Forum


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Posts posted by RDW

  1. Ooh, I like the cut of your jib. A single reduction from 535k to 515k on March 26th. Nicely in time for the spring buying market which is why it flew off of the shelves. Oh, hang on...

    Half a million pounds to live 200yds from 6 lanes of almost constant motorway traffic. If you're in Somerset I defy you to drive down there, park outside, get out of your car and try and hear yourself think.

    Oh Dear.

  2. The Dow futures on CNN website show -308. Seems to be a figure from late Friday. Could be going down a big snake tomorrow if the dice roll wrong!

    That's fridays, doomberg has the dow down 20 at the moment, so don't start the party yet.

  3. Absolutely correct.

    No it's boll0x,

    My father in law was a 'director' in the nhs, well he was promoted to a position for his last couple of years to boost his final salary, the 'position' was maintained for and by the masons.

    He retired on two thirds final salary of about £30k at 55, and then walked into a job with the national statistics doing the 'population survey', which basically means poncing round the local area with a lap top, interviewing various pre selected subjects, a couple a day. This pays circa £15k, plus mileage. As he now lives in a rural area he now gets paid to go and chat to a couple of people and get his shopping.

    All in all circa £45k a year and your petrol paid, nice work if you can get it.

  4. http://www.ft.com/cms/s/0/786776b4-708f-11df-96ab-00144feabdc0.html

    Finance ministers from the world’s leading economies ripped up their support for fiscal stimulus on Saturday, recognising that financial market concerns over sovereign debt had forced a much greater focus on deficit reduction.

    The meeting of the Group of 20 finance ministers and central bank governors in Busan, South Korea, also dropped proposals for a global banking levy, instead giving countries leeway to do what they thought best for their domestic ........

  5. http://uk.finance.yahoo.com/news/rates-must-be-set-to-control-inflation-cameron-reuters_molt-e52c4d2a260d.html?x=0

    LONDON (Reuters) - The rise in inflation has been worrying and the independent Bank of England will need to set interest rates to control it, Prime Minister David Cameron said on Friday.

    He was speaking in a television interview before giving what was billed as a major speech in which he will set out his plans for reinvigorating an economy he believes has become over-indebted, unstable and too dependent on the public sector for job creation.

    Inflation hit 3.7 percent in April, nearly double the central bank's 2 percent target.

    "Policy set independently by the Bank of England, that is the right way to do things," Cameron told GMTV.

    "We have seen a slightly worrying increase in inflation in recent months so interest rates will be set to control inflation."

  6. Just used writetothem to email Vince Cable. Might do David Laws also - anyone know a postcode for his constituency so I can type it into writetothem?

    David Laws is Yeovil

    BA21 5BW is the post code of Yeovil Golf Club

    Edit Again, but that's in Oliver Letwin's constituency

    BA20 1HB is the Lib Dem Constituency office in Yeovil

  7. We will know come the Budget - they could well do something that not just props up the housing market but which drives it higher.

    I think they want to get people back into buying shares as buying shares is what funds companies and allows the City to exist.

    Frankly, if there is the slightest hint of them propping up the housing market at the expense of shares then you know that they know the country is fecked long-term and the thing to do will be to get out ASAP.

    If you're going to try and hand break turn this oil tanker you're not going to do anything to help house prices in the next couple of years.

  8. Hmmm

    We're a bit north of you in Burnham on Sea,

    We saw this place come on rightmove on friday


    Sunday morning we went on a look over the garden gate rece, and decided that we would like to look inside. By the time we got home on sunday afternoon, it had gone sstc, check it out with property bee.

    It seems that anything that is 'decent' and 'reasonably' priced still gets collared straight away.

  9. Ha...I wonder how 'time to raise the rents' is doing....lower prices=lower yields=lower rents......should off-set some of this coming onslaught austerity. ;)

    Or how about Housing Benefit being capped at 80% of the average rent for the property needed in the location (say constituency) required, no more dossers living in million pound mansions in Golders Green at the tax payers expense.

  10. http://news.bbc.co.uk/1/hi/uk_politics/8685125.stm

    David Cameron has announced an audit of the government's books after finding examples of "crazy" spending decisions in Labour's last year in power.

    The prime minister said: "What we have seen so far are just individual examples of very bad procedures and bad behaviour, spending decisions taken in the last year or so of the Labour government that no rational government would have done - giving something like 75% of senior civil servants bonuses after everything that's happened in the current year.

    "That's not a fiscal stimulus. It is a crazy thing to do. We are beginning to find individual decisions like that."

  11. http://www.telegraph.co.uk/finance/financetopics/financialcrisis/7702335/Europe-prepares-nuclear-response-to-save-monetary-union.html

    Are Europe's leaders grasping the nettle at last? Faced with the imminent disintegration of monetary union, they appear poised to create the beginnings of an EU debt union and authorize the European Central Bank to step in immediately to stabilize the eurozone bond markets

  12. Noises being made by labour in the late hours of the campaign for electoral reform suggest labour want and are now in a position to form a coalition with the Lib Dems.

    Vince Cable for chancellor, anyone?

    Labour would form a coalition with al'quida if it meant they could stay in power, I don't know why the media give nu labia airtime, they are all full of $hit.

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