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House Price Crash Forum


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  1. Considerably more I'd have thought. My father-in-laws 3 bed house in the countryside has burnt 3k of oil in the last year. He reckons it'll be worse next year given the recent price hikes.
  2. I'm curious - in calculating your coupon price, Have you allowed for the replacing other all kit every ten years, maintenance, insurance costs etc mentioned by someone else above? That would seem to shift the equation a little if true. I know from my own experience that if you are running complicated equipment you need to allow about 5 - 10 % of the capital cost per year for upkeep.
  3. There's no need to break the contracts if that would be too onerous. A PFI windfall tax would be the way to go if you wanted to claw funds back.
  4. No - entirely heartfelt!
  5. I have several friends who work or used to work in big pharma. A considerable number of their ideas come out of academic research, and are then taken on in prototype form and put through the trials by the company. In addition these companies also spend a reasonable whack on academic research themselves - buying in expertise in some niche area if you like. I am sure that this is counted in the stats feeding back into the worthiness of academic funding.
  6. 40% in perpetuity did seem high to me, although of course drug companies doing medical research do make obscene profits. I would imagine that it would be almost impossible to quantify this in any real respect as there are, as they point out above, so many ways in which investment in research interacts with the rest of the economy. I think about the closest you can come to it is to look at which countries have the highest gdp, manufacturing output, etc and compare it to research input, allowing for a multiphase lag between research input and manufacturing output (for instance training an engi
  7. I'm amazed my looney leftist defense of lecturers hasn't create the usual intense howl of derision. Does anyone come on the current affairs board...
  8. I'll have to take issue with that I am afraid. Lecturers salaries are significantly less than they used to be, twenty or thirty years ago (with appropriate inflation correction). Workloads are significantly higher (I worked 7 days a week, 16 hours a day for the whole of September for instance - keeping on top of things in the first month of the new academic year, whilst also needing to fulfill my research and admin roles). Lecturer to student ratios have worsened. There is no longer time to keep on top of your subject as well as you ought (this is not school teaching where everything you need
  9. Perhaps that is why there are so many performance related bonuses these days. But certainly I know plenty of people (eg in IT, accountancy, law) where you have to negotiate for your pay and if you get a raise it does not imply that anyone else did.
  10. Same in mine, but it is rare and goes through the uni council to be voted on I believe.
  11. Ah well there's his problem. An advanced fellowship is supposed to be a gateway to a full lectureship position - ie to give you five years when you don't have to worry about funding and can get on with building a group and doing research. If he had to go back to a postdoc after that he must have either screwed up or had very bad luck.
  12. I guess that must vary by uni. HR asks us (the academics) what the spine point to cost for, and we typically try to match the previous if funds allow. I'd agree with the sentiments in the second sentence!
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