LiveinHope

That's not quite true, both are still being created and destroyed.

talk about devaluing the £

I don't mind the exterior look. But the interior decor is ghastly, although it's simple to change. What made me laugh most however, was the virtual chest of drawers. See Picture 8 Is this the latest Builder / EA ploy ? Wallpaper instead of real storage

Did you watch the video ? Friendly question, not aggressive. Given that people don't want to pay for it now, it's not too much of a struggle to see how people won't want to pay for it in future. You'll find that many won't want to pay for the top talent and will settle for free talent that is satisfied by "Ooh, look I'm on the TV" or "Ooh look, they published what I said", even if it's inaccurate. Maybe authority is redundant, or unaffordable.

Didn't mind the exterior, and I like modern as much as Georgian. It's the interior subdivision and layout that makes the properties worth far less than the price. We agree (I think) I think people, by and large, put too much emphasis on what the outside of their property looks like, when in fact, you spend most time looking outside from within.

I despair at what we're building. These and many other new-build houses will be valueless in a few years when people smell the coffee. Anyone who buys them now will see themselves wiped out financially. In the meantime, there is obviously a market for anyone who designs zig zag furniture

Specialist books can certainly be a PR tool on the CV for work they are related to. But books need to sell too, in my opinion. If you sell in the 10s of thousands pa you don't see much from it to invest in future writing, otherwise you're probably sub minimum wage; after the publisher, the printer, the retailer have taken their larger shares.

Then you need a platform. In publishing, I had hopes for e-books but there is simply too much free information and too many willing to give it away for free for vanity, as Harlan Ellison points out. Grief, I have said similar words so many times, especially to the BBC who are the worst media parasites all.

Who will pay the writers and other artists providing entertainment, and the blue skies scientists such as ecologists, or will they see a renaissance in their value ?

I was thinking that at least the poor sod is out of it now. Otherwise he could still be balls deep.

At least some poor adult bloke isn't going to get dragged down the her.

My neighbour's rental house just fell down, well, the whole back wall fell out.

Networking is vital to business and face to face is far better than skype. The cost of travel in the UK, especially from the most distant regions to London, is one of the major impediments to small businesses and start-ups, and the reason the regions don't do as well as they could IMO, and this affects the whole economy. Unfortunately, other than the petrol in your car, I don't see that train travel, which is the best way to travel as you can work at the same time, will get any cheaper.

Maybe they hate the BTL-ers as much as we do and want to keep OO's out of the market so they are not hit by a HPC - perhaps it's for our own good. But seriously, it's something I have pondered. I can only think it can be to profit the banks and to trap the proles in debt, to keep the workers working and the BTLer-s without an asset. They didn't think of the consequences at the outset.

My thoughts and strategy. I have never been able to get better value for money as now. Makes me less concerned about savings rates (I said less).

My thoughts, People have baked into their skulls what their house is worth. They won't sell for less unless they have to do so, preferring to sit tight even if it puts their short life on hold. (Houses are prisons.) They won't see the logic that the bigger house they want to buy should also be cheaper. I say 'should' because the seller above will have the same mentality. Forced sellers will sell for market value, however this will only be a proportion of the properties that would have come onto the market under other (HPI) circumstances. The price of these houses may well be influenced by the sensibility of those priced out who have cash; will they fall over themselves to buy them?

Bad businesses ultimately fail, although it may take a while to play out. With any luck the BTL-ers will lose their shirts. Perhaps I'll rent my garage to one of them to live in while they get back on their feet, on second thoughts, nope.

Very few who go after money care about the consequences for others, no individual or business even if they claim to do so. I don't expect BTL-ers to be any different. It is regulation and their intelligence that failed. Of course, that doesn't stop me despising them, and the system, any less than I'd despise a company that pollutes the environment. And so I'll have zero sympathy when the BTL-ers ultimately fail and lose their shirt, as they'll have brought it upon themselves.

While a saver, I have never got into 'investments' because I have never had the time or enthusiasm to do my research, although often, I wish had. (I like to know what I am doing.) Most of the public, it seems to me, will jump on any promoted financial scheme if they think it will make them richer. At least with BTL it will be hard for the idiots to argue for a miss-selling scandal.

The trouble is, after waiting 30 years, I may be able to pick up a property just at the time I decide I don't want to live in the UK anymore. Still, at least i won't have a property to sell.

Or, as well, it could be that bad news sells.

Scares my just to think about it

Problem, as I see it, is that people aren't spending earned money and therefore don't see either the cost or the saving, Just so long as they can make the monthly payment. Nothing else is calculated, neither the cost or the slavery. Owning a house is held to be so important it defies reason. Personally, I see the both cost and the debt slavery, which is why I'll never buy, until that 50% correction. The rest of the word isn't like me (thankfully, some would say)

I had a redundancy at the start of the 21st C with a small payment. As part of the 'employers car package' we had to meet financial advisors. The options for a sound investment were i) With profit bond or ii) 5% deposit on a handful of properties. The first was clearly mental and the second, well, like you, I'm lazy. If I couldn't buy a property outright and forget about the price paid, and not care about rises and falls, and so treat the rent as the dividend on the stock, I didn't want the hassle of worrying about the property value. Now, I just can't see the benefits of being a BTL landlord. I can only think that they must just see the rent check and never spare a thought for how much it is costing to run, else they'd all be in Bedlam. As to the published figure, Lovely Jubbly.

Well, that is also why it won't happen for me in the UK. If land was cheaper I'd be able to spend on decent materials. I have costed it all, but not in the UK, although in a country with a similar climate. It doesn't have to be zinc roofing that seems all the rage on UK designer properties (which tend to look like bus shelters). Colorbond is an interesting roofing.