Jump to content
House Price Crash Forum


  • Content Count

  • Joined

  • Last visited

About Tummybanana

  • Rank
    HPC Regular

Profile Information

  • Location
    South West
  1. Got it accepted! http://petitions.number10.gov.uk/MPflats/
  2. Except that 95% savers have about a month's income in their account. 5% interest rates on savings of 2K = £8.30 per month. Conversely, 80% of houses have a mortgage on them. 5% interest on 100,000 = £417 per month. The average individual with a month's income and a 100K mortgage will be clamouring for low interest rates, not high. I think you'll find that STRs are a pitiful minority when compared with the rest of the country. Besides, as another poster pointed out, the rates for credit cards and unsecured personal loans are going through the roof!
  3. If someone can make money by going to their Bank Manager "Give 'us £10K, the house price rises will sort it out," piss it up the wall and then file for an IVA, why shouldn't they?
  4. If someone can make money by going to their bank manager "Go on; house prices will rise and sort it all out," why shouldn't they?
  5. 1. Innovation which means that certain processes of production can be carried out faster, meaning that more can be produced at a lesser cost for production and purchase, freeing individuals' time for other activities which are also beneficial to the country's continual well-being. 2. By implementing procedures which mean that the state no longer has to bear the burden for the health and maintenance of individuals who can, instead, produce essential or desirable products for those who have benefitted by having their time freed up, and possible wage increase by 1. 2. Exploiting people in other
  6. Someday a rain's gonna come and wash the streets.
  7. Assuming Inflation, he has a point. In 1980, rent was 11.18 per week. In 2000 it was 66.52. http://www.york.ac.uk/res/ukhr/ukhr0405/ta...es/04%20072.pdf 11.18 adjusted for inflation is 38.91. Blimey, rents have risen faster than inflation - although property's a funny one. In 1980, an average monthly mortgage payment was 122.60, and as any fule no, near the end of your term your mortgage decreases (assuming no interest rate changes). In 2000 it was 420. Let's pretend that this isn't a matter of the quality of stock, or people shifting their assets. Now, assuming that you stay in the same p
  8. Innovators don't get the money - the salespeople and marketeers do.
  9. Who would pay the insurance? Would everyone have the same premium? Would the poor be expected to pay more than rich people in gated communities? Ignoring the fact that you're advocating what is essentially a statist approach to law, I'm more intrigued by your fire birgade proposal. Do you know what happened when they introduced Fire-Inn-Sewer-Ants to Ankh Morpork? And I'd have thought that those who harboured hatred to the rapists would be pleased at their short sentences - if they went away for 25 years you'd forget all about them and probably be old and decrepit. Now, you've got three yea
  10. My money (Okay, tax credits) is on it being a nicked one bought from the proceeds of cash in hand work
  11. Of course it is! Gays manage - mostly - happily without it. Just because it's good for the country doesn't mean it's not a lifestyle choice. And if you are right, then I'll point you at the anti-tax credits people and hide behind you. Oh! Found my Savers / Debtors post! http://www.housepricecrash.co.uk/forum/ind...p;#entry1572281
  12. I wrote a BRILLIANT post about this a couple of months ago, but I can't find it now. It had links and everything. Basically, although there are more savers than borrowers; most savers are also borrowers, and assuming that the banks do what they're told and pass on fixed rate interest cuts would much rather have lower interest rates. Only about 10% of savers have Savings over two months' salary, and 70% of housing still has an outstanding mortgae on it. It's not hard to see that, in the short-sighted terms of an individual's pocket, lower interest rates are a much better vote winner than hig
  13. Oh, and the four guys who don't pay anything? They're the barstools.
  14. Yes. If the country's doing poorly, it has a low tax take. If the country does well, it has a high tax take. That's because the wealthy are both the net contributors to, but also the BENEFICIARIES OF the state that they live in. They've benefitted from a healthy and educated workforce, which they've been able to leverage at no direct cost to themselves. Poor Health + Poor Education + Poor Law = Poor Workforce = Poor CEO = Poor tax take = Goto 10. And, of course, vice versa. Of course, that's in an Isolationist sense of the word, and all the eggs fly in the air when you bring outsourcing into
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.