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House Price Crash Forum

Peter Hun

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Everything posted by Peter Hun

  1. EU haters are obsessed, they don't care about the 'point'.
  2. These 'businesses' are actually property speculators aren't they? Probably had a margin call.
  3. Yet you repeat the Soviet Empire's claim that anybody who opposes them are Nazi's and uses Putin's image as a avatar? I'll take it on face value; you are a commie/Russian Imperialist.
  4. F***ing Communist scum like you occupied Poland, Ukraine and the Baltic states for 52 years. Soviets are worse than the Waffen SS.
  5. This is the actions of the president, not the people. Most Ukrainians want to join the EU, the problem is corrupt politicians and the Russia minority get in the way. Ukrainians hate the corruption and economic disaster that being close to Russia involves. Anti-Eu fanatics have no idea how much better the EU is than the Russia system. In response to Ukraine suspending talks over a trade and political agreement with the EU, jailed opposition leader Yulia Tymoshenko has written a letter to president Viktor Yanukovich. Here it is... http://blogs.ft.com/beyond-brics/2013/11/22/yulia-tymoshenko-a-letter-to-yanukovitch/
  6. EU introducing laws to protect future borrowers (well, make sure they understand the risk at least) http://www.news.cyprus-property-buyers.com/2013/09/11/rules-limit-risks-home-buyers/id=0015694
  7. I can't imagine this would be of any interest to a seller. The return on the cash over 30 years would pay for a house to be built. Why take the risk of getting something back in 30 years, when you are quiet likely to be dead. Give up all the opportunities for .. what ?? Short term?
  8. I know someone who works in head office. There is a 35% staff turn over per year - they are proud of this. No staff discount. They have a policy of sacking people every March. He thinks they are a crap company. Tesco is over priced, even the 80% discounted stuff is bordering on over priced.
  9. Wanting fresh homemade bread is about making something cheaper and far better. How can bread making be aspirational?? Are 'artisan loaves' are something you 'aspire' to?
  10. Its debatable if Chorleywood process 'bread' can actually be called that. Its quiet definitely not the same as bread made in the conventional manner, such as in bread making machine or by hand.
  11. Do you spend your entire non working hours doing nothing? I can only work 8 hours per day, my free time is unpaid. I ENJOY cooking. Bread doesn't take even 5minutes, more like 2. Don't waste time shopping, which is far more time consuming
  12. Poles are buying property over the border in Germany as its cheaper than in Poland. Well, in the old East Germany. The nine hour drive suggests they Grandma is from West Germany.
  13. Its called money and the opportunity to earn it. Its not bad, a friend is paying a bit more than that sharing 9 to a room in a hostel.
  14. Prisoners in jail can make guns as effective as the 3D printer version, much cheaper as well. A plastic gun is a useless gimmick, a kitchen knife is more effective as a weapon. The gunpowder is the only controlled part of bullets and there are freely available substitutes.
  15. Doesn't mean much, how reliant are they from outside lending, for instance? You can do what you want. Making a public show of it, in a public forum baying for blood, is another matter. Its very odd that people take their money out of one insured bank because they don't want to pay for bad banking practice when that act will result in the new bank bailing out the bad bank. If a bank fails the banking/financial industry and their customers will pay for it. Why would anyone who has money in the bank, a insurance policy or investment desire a bank to fail when they themselves will be picking up the bill? I've got £1.50p in Britannia and will not be withdrawing it.
  16. Indeed, the government lends the money and industry repays it back over however many years it has too. Whats the legal situation with spreading rumours to cause a bank run? it comes under market manipulation doesn't it? You lot should be a bit more careful, especially if you are lying about moving money out of accounts.
  17. Rent per M2 just went down to 7.2 euro Banks write down 60% on repossessions last year, http://www.economist.com/news/europe/21576717-after-house-price-crash-come-repossessionsand-angry-response-mortgaged-hilt In reality 60% falls in prices are required to sell and even then it will need more. Spain will tax you to death if you buy, its not worth it at any price (as an investment) as you will be taxed on an imaginary valuation not what you paid.
  18. I made the mistake of building a business. I wish I'd become a property speculator, its what the banks and government want.
  19. The supermarkets are the problem. The cost of food has no relation to the prices they charge. For example, farmgate price for wheat is 10-20p per kg. 'Value' flour at Tesco's is 80p/kg, next to it they sell dumpling mixture (with 1p worth of added fat). £7.60p per kg. Potatoes, average price for farmers 15p/kg (on a bad year 2p/kg..) Tescos' sell for £1 or £2 per kg. And it goes on Imagine if Mercedes or Airbus could sell a lump of metal for 10 or 100 times it cost by putting it in a plastic bag with their name on it, instead of the 10-20% profit they get through decades of development and investment.
  20. 30% falls? thats Spanish government fantasy. Its a least 40-42% according to Tinsa., although 50-60% is suggested as a true fall from peak. Tinsa is about the only reliable source of figures and they suffer a lag of a year. The Spanish government is in denial becuase it makes their banking system even more catastrophic than suggested. http://www.tinsa.es/n-pages/np-files/1/down/IMIE/2013/03_Ficha_Imie_Marzo_2013.pdf http://www.tinsa.es/n-pages/np-files/1/down/notas_de_prensa/2013/03_Nota_de_prensa_Imie_Marzo_2013.pdf Buying in Spain at any price is probably a mistake, they are implementing world wide wealth tax. The Spanish make estimates of property values so they can tax you as they see fit. If they pull the same trick on your UK assets it wouldn't be a surprise. This is on top of any other taxes and fees the Spanish can apply to non-voting foreign property owners.
  21. Cyprus was raped by its own politicians who allowed the banks to run wild. Blame the EU or whatever if it makes you feel better. But its ********. Nice insight from an Icelandic Journalist, comparing Iceland and Cyprus http://uti.is/2013/03/truth-and-investigations-what-cyprus-can-learn-from-iceland/
  22. 50-60% discount is normal. These sales are largely down to fuel costs, newer plans save so much that its madness to keep older aircraft
  23. The EU should simply allow the banks to fail and the depositors to lose 100%. After all, its not Germany's responsibility to bail out Cypriot banks at a cost of 10billion and get accused of robbing depositors (who are getting 5-11% interest, btw)
  24. So in other words you work hard, pay tax and even if you lose your job you will never get anything back. This is just another example of the Government using the politics of envy to extract more tax and pay less benefit. Why shouldn't higher earners get Child Benefit, after all they pay the tax to cover many other families Child Benefit? Those kids will be working to pay for your healthcare when you retire.
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