Freeholder
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Posts posted by Freeholder
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I used to be an expert. My predictions were usually wrong.
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There must be something somewhere on Reddit.
I echo your comments above. Rules are rules and they were broken.
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1 hour ago, spyguy said:
http://www.bbc.co.uk/news/uk-politics-38258976
'Dr Johnson won 17,570 votes to beat UKIP's Victoria Ayling, who had 4,426.
Labour slipped from second place in the 2015 general election to fourth.'
Labour MP Vernon Coaker said "But we're proud of what we did. We kept our deposit which some people said we were going to lose."
Nothing like setting an achievable objective.
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As far as I know, they can default whenever they want and Schaeuble would not be able to do anything about it. So, why don't they get it over with?
Because the ECB would threaten to stop providing their banks with liquidity. Same as happened with Greece leading to the big Syriza climbdown.
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You sure that Lovelace isnt in relation to another one who enjoyed a bit of sucking ?
Witty chaps these sys admin folk.
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My favourite so far:
Suckage: LovelaceNamed in honor of Ada Lovelace, the 19th-century mathematician and pioneer of programmable computing, the Lovelace (Ll) is the unit of how much a computer program sucks. The unit has been coined by members of the system administrator profession who hold a basic tenet that software that does not suck does not exist. According to the usenet alt.sysadmin.recovery FAQ,[48] one Lovelace is considered a rather large quantity. Similarly to other large units like the Farad and the Henry, SI prefixes are commonly used to denote practical quantities.
https://en.wikipedia.org/wiki/List_of_humorous_units_of_measurement
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City Link managed to break a steel safe being delivered to a friend of mine. Not the only improbable breakage I have heard of by them. I have long had a policy of not buying anything to be delivered by them. Now I don't have to check for that my on line purchasing is a little bit easier.
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£500 million folly! And we have firefighters striking because their pensions agreements have been ripped up to save a fraction of this cost. How do stupid ideas get to the point where 500million quid is squandered?
This one wasted £2.7 billion
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A quick google finds this
apparrently a c0ck up from day one courtesy of that oaf Prescott.
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Italian government 10 year bonds are yielding 2.82% when the dogs in the street know the Italian government is broke.
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I'm still a bit surprised by the idea that the majority of households having no private bathrooms in the 70s. I should listen to the program.
eg does an HMO count as 4 households if there are 4 bedrooms?
I think the situation would have changed a lot between 1970 and 1979.
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As a child in the 1960s my wife lived in a house with an outside WC and no bathroom.
My first house was a Victorian terrace. The bathroom in it dated from the 1970s. An elderly neighbour told me a lot of bathroom conversions/additions were done about that time.
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Quote
The Telegraph has previously revealed how LPPL has paid no tax since 2003 despite collecting millions of pounds in revenues, after declaring successive losses
Does anyone know how this was achieved?
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According to the Economist graph houses now cost about two and a half times as much in real terms as they did when I bought my first house. I recall I borrowed less than three times my salary. My wife was earning as well. We had enough money to live rather than just get by. Pure luck on my part of course and I would love to see todays young people be as lucky as I was. We seem however to be cursed with one government after another too demented to see this simple truth.
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Yes but now we have three times as many people chasing half as many jobs. Not the best comparison imo.
snip
I'm not saying that there is no problem. Just pointing out that it is part of an ongoing process not a new phenomenon.
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This has already been happening for a long time. Just thinking about offices I have worked in the reduction in skilled and unskilled clerical staff is huge. I used to be employed making alterations to engineering drawings, now those changes are made on a computer in a fraction of the time and to a better standard. In another job if I needed a document from our system I phoned a clerk who retrieved it and brought it to me. I wrote letters in longhand which a clerk took to a typist. A specialist clerk was employed just to look after the filing system. A trained man operated the dyeline printing machine.
All these jobs are now replaced by technology.
It has not caused the end of the world.
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People thought that no harm would come to them right up until they arrived at the concentration camps. I am not meaning to sound melodramatic as, frankly, that would be an insult to many millions. But I genuinely fear that the massive debt that the UK has will one day take this country down a dark path.
Look at tonight's programme - most people do not realise how fecked they are re their mortgages and they know nothing of ghe state of this country's finances. Who will they look to blame when it all goes gits up.
On BBC 4 TV now is 'Hotel Folly' about UK house prices just starting.
That reminds me, must clean my gun.
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We are not 1920s Germany and why will there be a crash?? Most people do not think property is too expensive.
After a boom there is a crash. A sufficiently determined government can delay the inevitable, perhaps for a long time, but the crash will come.
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^ defo this.
I've been having lots of heated arguments (I'm living at home) about not buying now. It seems to me that my parents are more likely to appreciate it if it's being reported in the mainstream media (and Panorama is a 'reputable' programme).
Still, that said, doesn't solve the problem. I want a house and I want it now so I can enjoy living a little. But, equally, listening to the bloke who got repossessed in Ireland helped me manage my emotions of not getting to eager to run in and get burnt...
It baffles me how so many of my generation can be this ignorant. I can remember what I was earning at the time and what I paid for my first house. I know that relative to todays prices and wages my house was very cheap. I tell the young people in my family 'rent and let the landlord take the downside risk'. I feel for them though. I enjoyed buying my first house and setting up home with my first wife. I want them to feel as good as I did.
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Pleasing to see a BBC program on this subject that made a genuine attempt at balance. Makes a change from the usual VI w@nkfest coming out of the television.
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Yes. I will fantasise about making love to her tonight whilst she talks 'dirty' to me about house prices and fractional reserve banking.
I think she is in for a busy night in the HPC mind.
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I know a man who has worked in betting shops for decades. He tells me most of the shops now exist purely as sites for the machines and that their over the counter trade is negligable.
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ECB's Coeure says bank not hurting savers with rate cut
Straight out of Orwell's 1984.
“War is peace.
Freedom is slavery.
Ignorance is strength.”
― George Orwell, 1984
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Can you give us a precis?
Found it. But really? What does that really mean? Especially against a backdrop of wage deflation. As the as article says, CPI at -2% is not unwelcome.
Personally, still not seeing the end of the world out there.
This means that every year the value of a given unit of domestically produced goods or services becomes less valuable relative to the currency their debts are denominated in. It is like adding 2% to the interest they pay.
Did you go to University?
in House prices and the economy
Posted
I voted yes but I got my degree, in Estate Management, from a polytechnic having been thrown out of a University.