JustYield

If you can log into your old account at all the moderators will let you change your registered email. My browser on an old laptop had the password which I’d forgotten but I couldn’t reset it for the same reason.

Hello It's been a minute. For reasons I'd like to reset my password, the main reason being the only device that remembers my password is this janky ASUS notebook running some obsolete version of Ubuntu. I was amazed to be logged back in frankly after so long. As far as I can tell: to change your registered email you need to type in your password. to reset your password you have to request an email to the registered email. If you forget your password and your email address is obsolete you're stuck in a doom loop. Clever design, well tested in the real world obvs. [/s for those who need it] My registered email is an old BTinternet thing from the time of the green frog ADSL modem - remember that crock of shit? Anyway, I'd appreciate some admin love and a password reset so I can continue to observe the upcoming global carnage even if/when this trusty notebook conks out. Maybe I'm being thick, but this is my lived experience right now, don't mock me with your memes. cheers.

Anyone else like Orion (Paul Oakenfold remix), Diamonds in the Sky? From about 45 mins: It's the only thing recently I sought out on hearing it, download easily available. Obviously better played loud or on bass-heavy cans.

A fair assumption I think. Maybe the forum could be renamed, HousePriceErosion? I was in Phuket in June and some of the 100+ year old fir trees in front of the Marriott hotel had been undermined and swept into the sea, the day before we arrived. Coastlines never stay the same for very long.

DLR to Greenwich, run up the hill and grab a minicab from Mad Mike's Cab's to New Cross, get on next train to T-Wells (or the secret villages to the south). Sorted. You'd have to leave the Ferrari behind, granted.

Housing market asks for one last cigarette.

I know you've explained before FreeTrader, but what is your interest here? Is it anomalous valuations, the madness of the property market or do you have some specific affinity to eroding coastlines and the properties thereon? What happens when these houses are eventually swept away - is there any insurance on them? Will they get bailed out, just "because"?

I don't know if she successfully passed on her increased variable costs to the renters! Just sayin' - she thought this was a perfectly valid course of action. It does amaze me how many people seem to want everything their way. It doesn't occur to everyone that they can say "No" (or the Anglo Saxon equivalent there-off).

That is one reason for marginal price rises, sure. Does not mean it is the only reason or indeed the main reason. In a shortage scenario for basic necessities, people will make alternative arrangements (e.g. more people to a house, basically, thus reducing demand). Demand is quite elastic in the rental space. Only those who can afford to will pay ludicrous rents, either because they are not bothered, have financial assistance or are so downtrodden they are willing to part with the majority of their take home pay for shelter will participate. Anecdotally, a long time ago an amateur landlord told me she'd sent a letter to her tenants to demand an increase in rent because her mortgage interest rate had increased! Apparently renters in the UK just suck it up.

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What the actual ******?! It's as if a company were to do a rights issue and say, "you can participate [by putting up new cash] but don't worry, if you don't we'll compensate you anyway [for the price fall per share]". And who is to be compensated: those who are selling or those who have no intention of selling in the near term? Remember an economy does well if lots of people are in work in the community buying goods and services from each other. House prices follow, not lead.

I think BTL is fine. Renting should be encouraged and made less shit though. Let someone else own the property, what's this obsession with owning?! Ultimately rents will be whatever people can afford, from post-tax unlevered income. Edited to chop long quote of OP which I thought was funnily-long.

How is this even a thread?

What's the most rational, collective response to the risk of IRs increasing? Collectively take on more debt!

They're not making any more of the stuff!

Misleading thread title. They haven't sold have they?

Personalising HPI in this way could backfire spectacularly.

Classic. The quote works both ways of course, "It's an increase in the asking price...".

Sex and drugs, presumably.

Oh for goodness sake. The value was already demonstrably there (by comparable sales). Crystalising by selling is just monetisation of this value - the banks didn't create the value and thus the money. They are not "creating money out of thin air (backed by nothing)" - this meme is out of control, as I think I mentioned in about 2005. Even Lord Turner is spinning the meme. If only everyone had taken a course in capital asset pricing we wouldn't be in this mess.

You should have gone. Has this generation given up on politics?

AND NOBODY GOT ANGRY ABOUT IT!!

Well obviously Games Room and Utility room was the original entrance hall, Bedrooms 1 thru 4 and associated ablution centres were the Living Room and the Reception Room was the old breakfast/dining room. You'd sleep upstairs. But hey, just suck it up kids!

Yes. But on the other hand they won't let any retirees actually starve if they've had to rent all their lives. You'd think.

Holy absolute ******. (I refrained from being any ruder.)