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Jadoube

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About Jadoube

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  1. Its orders of mangitude larger than any 'proper' market research in the country. The most widely used finanica research survey interview just 55,000 people annually - and folk happily take 6 months sample as relaible. The 'survey' certainly has an in-built bias - and it requires intelligent analysis to demonstrate that this is suficient to completely invalidate the headline. A simple assertion does not make the grade.
  2. 1978 £25k Terraced house 1983 £75k Detached house 1989 £180k Semi-detached 1997 £95k Terraced house (Restart from go following divorce. ) 2002 £170k Detached house Promotions, salary increases, inheritance etc. proved helpful with the larger jumps in that sequence but the effect of HPI is plain to see. (The 1978 and 1997 proporties are roughly comparable, in the same place, with the 1998 being less good.) Younger readers might care to compare the 5 year jumps 78 to 83 and 97 to 02.
  3. Jadoube

    Stuck In Their Starter Homes

    Why are you laughing at these young people? They did save. " Uli and Becky fit this profile perfectly — they took years to save after meeting in their late 20s and their parents were not in a financial position to help them. " "We had been saving for three years and managed to put down a £30,000 deposit. " On a £225,000 property. Does HPC condemn saving? Does HPC condemn people for not using bank of M&D? Does HPC condemn a larger than typical % starter deposit for the time? (A time when our folklore sometimes claims everyone was taking out 125% liar loans.) Does HPC condemn the idea that after a few years repayments you will have paid off some of the borrowing and may have created a little bit of equity? Yes, their timing was obviously crap. Clearly ill advised to buy in that market . Their aspirations are no longer realistic. They are lucky to have lost so little. Yes its the Mail using them as an example. Don't let these sensible HPC views morph into some prejudice that laughs at amoral people that save to put down a deposit.
  4. Chin up. She might have done better than she intended. Depends on which university your niece has chosen. The better undergrads on the right geography course may find opportunities of a paid internship, doing genuinely useful and stimulating work, (as opposed to making tea), during summer vacation. And from this they will have good chances of a good job and founding a good career. A number of undergrads did that with us this summer. Hopefully more of the same next year. They're a valuable resource - decidedly not common knowledge.
  5. Jadoube

    ! Dont Panic !

    The journalist may well have added those column inches - only to have had them removed by the editor. (Who also has to consider the non-news aspects running a newspaper; advertising revenues and similar commercial considerations.) The purpose of the newspaper is to make gains for its owners. News, accuracy, honesty, readability and similar fine concepts are an optional extra.
  6. Jadoube

    Extra Council Tax Charge For Empty Scots Homes

    No reason you can't sell it, or that it should take an excessive amount of time - unless you ask more than the correct market price. It doesn't have to take a lot of time if you're organised and you require the lawyer to be organised. Good incentive to sort out granny's affairs promptly. (And after all granny benefits from prompt action, why would you want otherwise?)
  7. Jadoube

    Judges Rule Library Closures Illegal

    +1 Well said. Something that benefits the people and the country (and is based around think in terms of helping others). Yet folk believe that sort of thing is wrong-headed. Judge standing up for all the people against the council - a bad thing or a good thing?
  8. Jadoube

    Pubs Closing?

    Nowadays people do that online, which may mean fewer want the pub for its traditional (ie out of date) purpose. Like it or hate it that's life. (If you really hate it you could campaign for sites like HPC to be banned, in the hope folk twill instead go to pubs to discuss house prices )
  9. How do we tell the difference between the work-shy and the genuine job-seeker when both remain unemployed? Jobs don't grow on trees. We can't cop out with the notion that anyone who "tries hard enough" will inevitably get a job. Is it just semantics and its irrelevant whether the unemployed are truly job-seeking, the crime is to fail to find a job?
  10. So your idea is screw the young? I've been paying taxes continually for 40 years. A damn sight more tax, and for a longer period, than some feckless t0ssers advocating that, since feckless t0ssers have created circumstances in which there are no jobs around, and so other people's kids should be hung out to dry. Instead of focusing your effort on taking away from other people use that energy to think about creating something that can benefit you, and other people.
  11. Jadoube

    Halifax Up 1.2%

    The thing is you're not in the Halifax figures, while the people who think differently are. This is as they say life. Some people seek to maximise the financial in the transaction. Others may accept financial loss in order to maximise the utility/pleasure of their purchase. When people are buying with cash, and are happy to risk loss in order to live where they really want to live, who can say they shouldn't spend their money as they choose?? They'll get what they are seeking. Others will get what they are seeking. Everyone can feel happy with themselves.
  12. Jadoube

    How Angry Are People With The Banks

    I must must I? Bull. If I see a footballer who plays dirty, takes dives or generally cheats rather than using skill, then I think less of them. I say so. While the game may offer incentives for the players' sub-standard behaviour, and should be changed, I also note that other players don't do these things and succeed through their skill. So I won't blame the game. I won't let the inadequate footballers blame the game either. Same goes for bankers.
  13. Yes. IT firm. Bits I've come across do boring crunching & processing of the databases in public sector organisations. Presumably the result of the trend over the past decades to contract this sort of thing to the private sector. An example of public sector money feeding back to the private sector. If as a member of the public you're complaining about the public sector having fooked up their files, lost or mishandled your data it may well be these private sector folk that you're complaining about. The public sector chap you're slagging off is merely the middle man paid to take the abuse. The (junior) people I've occasionally had to work with have seemed as dull, as one might expect of such work, but have proved competent, with a helpful attitute towards private sector organisations. (NB I stress the 'very occasionally' so its far too small a sample to say whether my experience is representative of the organisation as a whole.)
  14. Jadoube

    How Angry Are People With The Banks

    Except the politicians didn't "offer" the bankers billions. The financial sector lobbied the politicians very heavily over a long period in order to have the whole system perverted to they could make billions. Yes the politicians ought to have turned a deaf ear to the lobbying but its disingenuous to suggest that lets the financial whizz-kids off the hook. There is every reason to feel extremely angry with the banks, and people do. There are also reasons to feel very angry with other groups, and thats an entirely different question. One does not preclude the other.
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