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GrinAndBearIt

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Posts posted by GrinAndBearIt

  1. There is a brilliant quote here about how 'one should not compare what you can rent with what you can buy' - why not Phil? Is someone's quality of life not more important than the premium of buying a tiny one-bedroom flat in Acton for £240K....

    We need a HPC version of this show. "You want how much?!, dont be so effing stupid" or "How about putting in a cheeky offer to the vendor? hmmm... how does 50% off asking price sound?"

    When was this rubbish first recorded? Pre-credit crunch, but much before? C4 really should be ashamed of airing this schisse in the current climate. Unless tomorrow there's 'We Located, Located, Located' interviewing, today, the poor schmucks who bought overpriced bughuts in 2007 and are in neg eq.

    ... oh it is a 'retrospective'... the Merican girl and hubby have been in a year and got a kid on the way. That's nice. Hope they can afford everything on his salary.

  2. In the University city I live in, and living in studentland, I've seen in the last 5 years a veritable production line of Chinese students coming and going. Our thriving higher-education sector is training the people who will design and build the products of the future, exporting the technical knowledge and innovation that we're rightly famous for. How long before the next iPod is invented, made, marketed and exported solely in the Far East?

  3. One of those programmes that could have done with a postscript, screen of text like 'The ex-security guard and his wife are back in social housing, with a debt of £50,000 from negative equity'. After all they're the real victims of the piece in this.

  4. I'm not surprised to see Nottingham up there, I live in Notts and the University has been expanding exponentially, meaning that a load of wannabe-BTL-millionaires sprouted up. What they don't realise is that the Uni is a step ahead of them, buying up vast sites like the old Raleigh works and providing new build accommodation, with cheap bars and security provided. The area I live in was once a small-scale industrial area with 1900s terraces and actual working people, now it's full of places with TO LET or FOR SALE signs outside.

  5. It's a culture that needs to pass, it features heavily on The Apprentice and Dragon's Den. Seems to be the ethos is that if you BS convincingly it doesn't really matter if there's nothing behind it.

    Middle management everywhere rely on it for survival. One of our service providers just laid off a swathe of first-line support staff (i.e. doers) while retaining the managers (bs'ers). I look forward to calling out one of the besuited ones to do a deeply technical and messy fix, preferably involving lots of high voltages. Cameraphone at the ready.

  6. London calling to the faraway towns

    Recession's declared - house prices come down

    London calling to the BTL's

    You won't rent that cupboard, you boys and girls

    London calling, now don't look to us

    Phoney HPImania has bitten the dust

    London calling, see we ain't got no swing

    'Cept for the ring-ring of repossessing

    The downside is coming, the debt's zooming in

    Meltdown expected, profits growing thin

    Buyers stop buying, but I have no fear

    Cause London is drowning and I, rent by the river

  7. I had a trail of lodgers in my little two up two down pretty much from the day I bought, I mean took out a 25 year debt for it. It made sense as I was early 20s, paying boozing buddy in situ, easy choice! In a few years I took in and threw out or saw leave a couple of brothers and three pub mates. It was a good laugh all told to be fair, but once into your mid-30s (no wife because well, a girl sees you 'sharing' with a male, is a bit of a put off) it was time to ditch that idea.

    So if you're a young single person with a house with a mortgage and you can tolerate the occasional all-night party midweek when your lodger brings his miscreant friends round, indeed if you're young enough to join in and par-tay down, go for it.

    Oh... that WAS the 1980s.

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