Sourman

To everyone here.... please get some kind of life. Gordon Brown is here to stay!! Every time something happens in the country the wimps start whimpering... "this is the end for Brown" No it's not!! You people really have no idea about politics at all do you? Until there are mass protests on the streets in the hundreds of thousands mind you, GB will not budge. No Prime minister should ever give in to the wets who bleat every time something goes wrong, prime ministers should be a little more resilient than that don't you think?? Please no more this is the end of Broon topics until it really is the end ... OK?

The only reason pensions are a waste of time is because of the f*ckwits that run them earn way too much money, the bonus structure has encouraged them to take wholly unacceptable risks with other peoples money! It really is that simple I'm surprised your surprised!!

What a stupid question?? Have you been around London lately?? Tons of houses with their own little housing estates at the back of their gardens, what kind of moron would even buy an apartment in a block in someones garden, how did they get a mortgage? WTF is going on here.. and you think planning is a bane? Please Shut Up!!!!

Wow! If this really spreads this should have a massive impact on prices of property in London and those other expensive areas where houses at or around the million quid mark are quite common. And if the caps drop to £750K as stated, then there will be murder in Fulham, Kensington,Chelsea etc.. Yeeouch!!

a cracking find!! Have been keeping an eye on lettings in Hull HU1 as well, as usual there are hundreds of empty BTL properties around all asking stupid rental prices, because some fool told them that rents will keep going up because house prices are going down!! anyway reality bites.. http://www.rightmove.co.uk/viewdetails-174...6&tr_t=rent

Boo Hoo!! Is that how it works, those that earn £100K must work a lot harder than those who earn £10K. People like you... I can't think of anything to say to you... you're just so dumb!

How Would You Simplify The British Tax System? Those that have more pay more seems like a reasonable stand to take. Any socialist government should want a more level playing field, and redistributing wealth by taxation should be central to this. Tax should be based on total global annual income, which currently it is not. You might think it is, but it isn't!

I rememeber when Ikea launched their flatpack houses, and the cost was £36K if I remember rightly, so these a*rses get what they deserve.

Parasites always leave the host as it gets sick!!

I would have thought £200 million would buy at least 2000 houses. These are bail out prices not market prices surely!

I thought someone would try that reduction!! That is why there I have said there is also craftsmanship as part of the intrinsic value. But you are right to a point.

In what other facet of life do we put such values on things?? Only one comes to mind.. fashion!! We all know it's b*llocks, a dress is a dress. Made by Chinese sweat shops for 25p sold in Sloane St to idiots for £1200!! Houses have had this same notion attached to them for some bizarre reason. I stand by what I said earlier, "a house will be worth what someone will pay for it", is directly related to just how detached from reality the person paying for it is.

Land for housing! ( I should have specified this ) has until quite recently been a very predictable variable, when most of what we now call residential London was built in the 19thC, greenfield land was developed and housing was put up, the value of that housing was exactly as I stated... materials + workmanship + land + profit margin = house price. Land in most of southern London for example was much of a muchness. mostly unwanted wasteland and common lands. Houses went up ,people moved in and life went on, and on.. up until the 1970's I would have said, house prices rose with inflation, lots of people rented, that was that. Now after 1970 or so, the idiotic rise of the middle classes and all the " must keep up with the Jones' " mentality started to slowly but surely push up property prices in "fashionable" areas. The rest as they say is history. It is only now we have idiots paying for a "dream" that land values have been distorted, land is worth this because it's here and you can build such and such a property on it, which is worth this much in this area! It is a self feeding nonsense.

For a long time, a very long time in fact , a propertys value was the easiest of things to value, it was simply the value of the land upon which it stood, and the cost of materials and workmanship that went into its build. Simple. This is how it was for years and years until when?? How have we forgotten this simple thing, how were you all conned into believing a houses value was ever anything more than this. I know there will be some that say " a house is worth what someone will pay for it!!", but that is wholly wrong. The only thing that shows is how disjointed that person has become from reality, and this simple notion of a things inherent value. Only an idiot would think an apartment on industrial ground made with the least cost of materials and minimum workmanship is worth £300K... absolute a*rse!!! The whole of HPI rests on the fact that we as a nation have forgotten how to tell somethings inherent value, that is the colllusion between the VI's the media and successive governments, to pull the wool over our eyes and make us forget something we all really know to be true. The rise of the middle class ( a*rses the lot), was just what everyone wanted, greedy, needy, idiots who were easily persuaded that this pile of bricks and mortar here on street x is worth 5 times the same pile of bricks and mortar as that on street y 500 yards away. How it has all gone so very wrong.

I thought it was a good idea. You really are a bunch of loonies.... HPC indeed!!

trying to drag this thing back OT....... Oil at $200 per barrel is just what we all need... seriously! Hopefully this will mean we can start rebuilding manufacturing industries in Europe once more as transport costs could soon be prohibitive, we can take a ship to Australia instead of flying, we will eat local produce when in season, we will drink water from where we live, there will be a one car per family limit, the roads will be emptier and safer... the list of good things is endless. I'll only be happy when oil hits $400 per barrel. And you think I'm joking!

Technically no problem... I use a Canon 1DS mkII 16mp camera and that would easily pick up that detail from a fair few yards (25 0r so) away with a 70-200 f2.8 IS lens. plus carrying it in cheap plastic wallets saves more money for yours truly to pocket!

I wish you luck... but I would temper your enthusiasm by saying... no chance!!!

The quality of the morons on these boards is certainly slipping!!

So for years the good people of Leeds managed to survive, renting homes and generally carrying on with life until some bright spark thought that what it really needed was 8,000 new flats smack bang in the city centre. The stupidity of all this BTL development stuff stupefies me. The same sh*theads who have been trying to offload them no doubt.

Something I was always brought up to believe, was that there are only two classes, the working class and the upper class. The so called middle class are the ones confusing everybody, as they have always aspired to being something they are not.... upper class! I have found it true many a time, that it is only those ill at ease with themselves in this middle class that cannot and do not fit in to the class system. Class, I believe was about core values, not what you did (work) or where you went on your holidays, I still believe I am working class because I aspire to those values, I was brought up thinking money is only ever there to be spent on having a good time, and providing for your family. Saying all that, the class system is very outmoded, and this has partially come about because of the middle classes, so that really is a positive outcome for us all, but we have also lost something along the way.

I think this is the working class idyll I relate to! Not Taking the pish like Hale & Pace

As some poor very sensible soul has pointed out, but I very much doubt it will ever sink in, the government of the day can only steer the economy through the economic cycle it finds itself in, they don't really have enough force behind them to stop things like housing booms. There were so many people involved in stoking the fire of this one, from BTL to developers, to insanely greedy bankers and traders, to those who missed the party last time and wanted to make up for lost ground that nothing but nothing was ever gonna stop it. It was always just a matter of how big was it gonna be and how long was it gonna last before the bell rang to call time on the orgy of profiteering that has taken place on both sides of the Atlantic? At heart it is as I have said time and again just greed that is the problem, wanting something for nothing or at least for very little.

Did you know all the people in the world could stand side by side and fit on the Isle of Wight if it was all concreted over?? Strange but true.... (at least it was 10 years ago!)

What is this thread about?? Boris Johnson? Thicko-Socialists oiks? Or working class muppets with flat caps and chips on their shoulders?? Or is it a sort of "bang your head cupboard" where you can just vent your general grievances with everyone?? Kee p it coming though it's funny!