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Dispatches - The Property Market Undercover..
Home_To_Roost replied to moonriver's topic in House prices and the economy
Greed .... in the housing market?! NO WAY! The entire housing market is a massive lie ... with corruption at every level. It has been sustained by successive governments ..... who can see easy money and GDP growth. -
There is a lot of fraud and dishonesty in the education system, and it's not just the students. The staff in some educational establishments are so corrupt and fraudulent you wouldn't believe!! I gave up on the education system a long time ago ... their qualifications are worthless. As I've mentioned before ... the UK education system is really a means for people to make money out of the aspirations of others. The UK Educonomy supports many thousands of jobs (directly and indirectly) ... and reduces the number of unemployed. It is a massive lie.
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This country has deluded itself. In the early days of the current financial crisis, the BBC avoided the 'R word' and used 'downturn' instead. We now have a situation where politicians, financial 'experts' and the media avoid all reference to house prices - it certainly makes it easy to spot the liars, and those with vested interests in property! Examples: Politicians jump on the 'mortgage affordability' bandwagon because it appeases their voters .... and their BTL portfolios! Bloody liars! 'Experts' are wheeled out by the mainstream media to peddle lies. "The problem is the lack of affordable mortgages". No, you mendacious piece of crap ...exorbitant property values are THE problem ... expanding mortgage borrowing caused this mess in the first place! This is what happens when a country's economy is no longer productive .... relies on inflating property values ... and printing money!
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Oh ... The Great Educonomy Swindle! What is The Educonomy? Answer: Hundreds of thousands of economically-inactive people, supporting an industry that employs hundreds of thousands of other people ... both directly and indirectly. The problem is, the UK doesn't need many graduates. The usual people get wheeled out on TV ... saying that graduates are better off ... using stats that pre-date the recession* ! The Educonomy does the following: 1) Removes hundreds of thousands of people from the unemployment list! 2) It directly employs tens of thousands of lecturers, misc teaching staff, post grads, back office staff, catering staff, sites staff, drivers, student support staff, etc 3) It indirectly employs: BTL landlords (student accomodation), stationery suppliers, book publishers, printing companies, fax/telecomms/photocopying companies, furniture companies, IT equipment suppliers, misc local businesses, etc The UK educonomy is bloated and needs to be trimmed (much like other parts of the public sector!), but it would SHATTER the illusions/delusions of MILLIONS! If the government let this industry "adjust", we would see rioting on the streets Basically, this country is f cked. Let's not talk about the monumental amount of CHEATING that goes on in colleges and unis! I've seen it first hand ... some institutions give you the examination papers MONTHS in advance, or help you during your assessments ..... targets must be met! (* This is a technical recession. The boom years (2000-2007) were completely unsustainable, and we shouldn't aspire to those days. We are now returning to a sustainable level. The process has barely begun!)
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Halifax Hpi +2.2% -- merged
Home_To_Roost replied to WageSlaveBear's topic in House prices and the economy
Who cares?! These figures are based on a tiny sample of "properties". Cue Daily Express headline tomorrow! HOUSE PRICES SOAR! HOORAY FOR BTL JOURNALISTS! -
The Wilsons thread ---merged
Home_To_Roost replied to Uriah Heap's topic in House prices and the economy
..... BTL types make me want to vomit blood :angry: -
I feel sorry for the TENS of thousands of unemployed graduates, and the graduates stuck in low-paid jobs. They were sold a lie by politicians, The Educonomy, and society in general. Everyone and their brother has a degree nowadays. The UK Educonomy supports hundreds of thousands of jobs, AND helps mask the dire UK jobs market. There are too many people chasing too few jobs.
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I agree fully .... most agencies are leaches, and are staffed by some fairly thick people. I cannot believe: A) British employers are so reliant on them. How poor agency adverts are! When you ask them about a job ad, they are only interested in harvesting your CV! C) How arrogant a lot of recruiters are.
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Mortgage Broker Begs Mr. Redwood For Less Regulation
Home_To_Roost replied to pajd's topic in House prices and the economy
Oh let's have another round of LIAR LOANS to get things going again ... what could possibly go wrong? -
The cuts have barely started. Redundancies are building momentum ... HPC will be here within a year .