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Everything posted by classixuk

  1. Hi Guys, I had a call from a friend this afternoon who moved to Israel 18 months ago. She's in a right quandary. She's regretting not buying there as soon as she arrived. She says that property prices over there just keep getting higher and higher. I checked out a few figures, and she is right. Property is up 25% YOY, with the average house price now being ILS 958,000. The weird thing is though, the average wage in Israel is only ILS 96,000? That means the average house price is more than 10 times the average salary What's all that about? It's nothing to do with Lie to Buy either, as mo
  2. Forgive me for just popping in like this, but I have recently returned from the future - 2030 to be precise. Whilst there, I happened to visit a "web center" where I had a chat with a holographic representation of a young man in Scotland. Here is what he told me: "Us lot, in generation Z, think that Generation X before us are to blame for the state of the world's affairs. They had it so easy back then, and left nothing at all for us to look forward to. By 2015, they had bought up all the houses at the cheapest prices following the great house price crash of 2007. Now there are no cheap or af
  3. Perhaps the Google Ads in every thread, rather than driving people away from this site, are actually enticing them away? Imagine that? LOL.
  4. Aoccdrnig to rscheearch at an Elingsh uinervtisy, it deosn't mttaer in waht oredr the ltteers in a wrod are, olny taht the frist and lsat ltteres are at the rghit pcleas. The rset can be a toatl mses and you can sitll raed it wouthit a porbelm. Tihs is bcuseae we do not raed ervey lteter by ilstef, but the wrod as a wlohe.
  5. One amazing thing that immediately struck me about the re-design of these houses is that it finally gives kids a safe place to play. Not many parents nowadays would let a 6 year old leave the house to go visit their friend from school in the next street. It's just not deemed to be safe. At least with this system a child can leave his living room and go visit his friend at the top of the opposite street in relative safety. No strangers passing by, no traffic concerns to worry about. If I were a parent that would entice me to this type of housing (just not in that area).
  6. Thanks for listening to my suggestion mods!
  7. I was half expecting to see people on this thread posting words like n00B, l33t and pwned! This thread feels like it's been taken over by the kids from the CounterStrike forums. Any new users reading this thread today probably won't return to the forum. They'll look elsewhere for some serious discussion. Can't this thread be moved or deleted? Having it on the front page of the forum doesn't reflect very well on the quality of the usual discussions.
  8. This short post is in response to all of the nonsense I have been reading here lately by a HUGE amount of bulls (even bears turned bulls) saying "The market's turning again where I am", "Your generation will be priced out for ever and you'll never own a home" blah blah blah. Have you stopped to think for one second that perhaps some people are actually happy renting? Yes; H-A-P-P-Y. It's that emotion you feel when you can take your partner out for a nice romantic meal, it's watching your kid's eyes light up when you take him to the park at weekends to feed the ducks, it's sharing time with y
  9. The potatoes were underdone mind. And the wine tasted like vinegar too.
  10. Right Freds Dead just found some new competition! That was hilarious!
  11. Jeez Consa...you're confident! You just got let back in yesterday and now you want to be a moderator!!! Is that because moderators can't ban other moderators? You're not planning on talking about magnets again are you? I've just worked it out actually: You reckon that if any of your topics get moved to off topic you'll be able to move them straight back again I can see right through you!
  12. This is against the board rules and any poster doing this (bull or bear) should have their ability to post temporarily suspended. They should also be sent a standard private message stating why the moderators have taken such action and a link to the rules of using the board. The poster should then be invited to explain which username they wish to continue using. Firm but fair. If as the moderators you had a standard "Your right to post new topics or threads has been temporarily suspended" private message, with the link to the board rules, it would make your jobs so much easier, and the consis
  13. The difficulty with trolls is in determining who is a troll and who is not. Some people here may be truly bullish about the market but that does not make them trolls. It's how they post that makes them trolls. Bill Gates is a troll for instance. Personally, I do like to see bullish posts here. It keeps me on my toes and shows me the "other side" to our assumptions/beliefs. It provides me with an education. The real trolls (like Bill Gates etc.), I just ignore.
  14. I believe that the link you were trying to post was the one below Click here for the link
  15. I'm totally confused! Looking at the latest Rightmove report it shows that prices (nominal; not inflation adjusted) in Kensington/Chelsea have fallen by -8.3% in one year! I always thought that Kensngton/Chelsea were desirable places to live. I think that many people like myself (folks living outside of London) think along simliar lines. Why have nominal prices fallen so much? Adjusted for inflation it's over 10% drop in just one year! What's going on there then?
  16. How naive am I? (Don't answer that!) I've been reading about Zimbabwean dollars and the massive inflation the country is suffering from (almost 800%!). I have read that in 2001 $1USD bought you $55 Zimbabean Dollars. Today $1USD buys you $99,000 Zimbabean Dollars. We all talk about cycles etc. on this website, so how does the cycle of inflation work? It seems quite obvious at first glance that an investor should spend at least $10USD on Zimbabean dollars while they are ultra cheap and then wait maybe 5 years before selling them back. On second glance though it makes sense that if this
  17. I beg of the moderators to please leave this up on the main board until I get the answer as I am attending a court case at 2 pm today where I need the answer! I've a feeling that some of the HPC members will be able to help. Q: What do you do when your elderly mother's house has risen in value so much it could wipe out all of your debts if she died and left it entirely to you? A: You convince her to leave it to you by any means possible, including frightening her to the point of tears according to my partner's brother! It's sad, isn't it? My partner's brother was made bankrupt last year bu
  18. Realist Bear, If the pound crashes and interest rates do not increase, can you explain how it will effect UK citizens and their day to day lives? Thanks
  19. This is so strange! I have just been reading reviews of car finance companies at Ciao.co.uk and was about to post in the off topic forum about the reviews of "Yes car credit"! The last reviews I read were of Carcraft . Anyway, I happened to stumble on the reviews while looking for reviews of the Citroen Berlingo (van with windows). Does anyone here own one and would you recommend it? I've found a new shape 2003 model with 28K miles for £4550 (after 3 days of looking). Of course, if I buy it I won't be using finance (Carcraft or otherwise) for the deal thanks to having no mortgage to pay!
  20. Ok then, there were definitely less than 100 replies above this one! Have you got the remainder in your garage WM, and if so, can I have one for MY fridge? Now please don't be ageist, I wasn't old enough to post here when you were giving them out last time
  21. Hi Everybody. I am thinking of buying a small business as I cannot afford a BTL. I was looking at a BTL property that will cost £900 per month mortgage, and rents for £750 per month. Now I know that the rent is less than the mortgage, but a lesson I have learned from the bulls is to look at it the other way around. I will be paying just £150 per month to buy the place! In 25 years time I will own the property outright (and it will have risen in value substantially). Unfortunately I cannot get a mortgage of £200K so that idea has gone out of the window. However, there is a small business fo
  22. If you look just like your avatar I'll be your millionaire uncle whatever you want me to be! PMSL
  23. A longish one, but what the heck! It's great fun! Classixuk: "Sorry to interrupt, but before you do sign up, can I ask if you have half a brain?" Mr BTL Investor: "I think so. Why?" Classixuk: "Well you see, you're about to go into debt for £200K. To service the debt you will need to spend at least £100 per month, perhaps £800 per month when the building isn't let, and let's not forget buildings insurance, repairs, maintenance etc." Mr BTL Investor: "Go on...." Classixuk: "Well, I have a small business for sale. It's £50K and turns over a net profit of £2000 per month. How would you like
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