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Sh1thole, £30k tops. I'd perhaps give £185k for the whole building, but I'd have to think about it.

People have this idea that China are going to be a monolithic economy, bigger than even the US has been over the decades. It's not going to happen, I've been studying peak oil (and energy in general) for the past 6 years. The West's whole 'economic idea' is built on cheap oil, that oil will be all but gone within 5 years, China came to the party too late, it's last orders at the bar I'm afraid.

Gets me, that room is probably only 15 feet long, yet the ultra wide angle lens used makes it look about 30. More lies and deception from EA's, who would have thunk it

Although I own outright for about a year now, I'm still happy to see prices fall. The market really is on a knife edge, so many extraordinary factors are in place yet still prices are falling. The question is what happens when these factors disappear...... I definitely wouldn't want to be overleveraged in housing at the moment.

Lolz @ Sibley's comment, wreaks of desperation. I don't normally take pleasure in others misfortunes but if these kind of people go down I only got one thing to say................. bhahahahahahahahaha,

Neither would I tbh, it took me 10 mins to upgrade, which was about the same time as ordering any other phone. Havin said that, I haven't got an issue with someone who wants to queue for a week, upto them I guess.

Don't really get the 'hate', I bought an Iphone 4 the other day when my contract expired on my old phone, it seems pretty good, has some good features and I could afford it without the use of a credit card, so what's the big deal. If you don't like it, don't buy one, simples. They aren't forced on anyone.

Surely only a complete knobhead with sh!t for brains would even give this a second look, it's just so plainly obvious to all but the hard of thinking that we are approaching the peak of 'return to normal', fundamentals through the next few years are absolutely dire. You surely have to be a complete **** to borrow large sums of money when BOE base rate is at rock bottom for a product that's laughabley overpriced. We're going to make Greece look and investor's paradise in the not to distant future.

Just to be clear, I made a mistake on the RPI figure in the title, I forgot to put the '3' in after the point. It's actually 5.3%

The vice is starting to close, in my opinion we are nearing the peak of the 'return to normal' part of the bubble graph, especially seeing the ridiculous headlines we see today in the Express. Imagine the impact of historically 'average' IR's of say 6-7%. When the house built on sand starts to collapse there is going to be utter carnage. Imagine being on the average wage, paying £1000 per month mortgage on a skanky 1 bed flat in an area where the average rat wouldn't want to live. The only question is, how fast is the vice going to close ?

Inflation up again, IR's seemingly fixed at 0.5% as any rise will collapse the economy (read housing market). Times are going to get interesting for the house of cards that has been built on the back of cheap and easy credit.

But...but, it's only a blip. . I'm just wondering how long this charade will carry on for before rates have to rise. With essentials rising and wages, certainly in the private sector stagnant, I see an almighty housing crash in the near future. It's ineviteable, and of course it will be all so 'unexpected', and no one will have seen it coming. The current economic policy is unsustainable, which isn't surprising really when we consider that more or less everything our current human civilisation is built on, is absolutely unsustainable.

I can see it now............. Dear MSE, My husband (dumb) and I (dumber), have got ourselves into trouble........................

Oh how I lol'ed at this, it's funny but sums up the situation perfectly.

Agreed, however again the coal to liquids program isn't particularly efficient or clean,,also coal in its natural form is nowhere near as transportable as oil, I think we take for granted how many millions of barrels a day flow through pipes...... this is the problem, locally all these ideas work and are fine, it's when we scale them that the problems arise.