msi

For a moment I thought Kirsty was trying to flip houses in Aleppo!

Towns are the things in between shopping centres these days.

My initial reaction to this, after spitting out my tea, is go for it. They will be more fuel for the firestorm when it arrives. We are now in the zone where the shoeshine boy is giving you pwoperdee tips. No bailout, no protection, just be ready to burn.... no wonder I've been warned to keep my blood pressure in check

Less trickle down more splash back as the elites p@ss in our faces

Equifax and the like have their days numbered. The EU Global Data Protection Regulations GDPR put some pretty draconian burdens on 3rd party data processors, brexit or not. I doubt they can legally provide an audit trail of where they get data and the permissions to track this in the future. The Americans on the other hand...

Dun Dunne'ing?

Aren't they supposed to be queuing up to join an independent Britain, free of the shackles of Europe?

More tenants to vote labour. 2025 landslide with a 60% tax rate. Armageddon....blood on the streets.

Oh please do it. A nice electronic paper trail for HMRC and even more volatility for voids. Just what a debt laden @@@@ needs.

Let them take to the streets. Because of them I can only afford a few bricks, which I'm only too willing to throw right at them....

In 2007 we were so close to a true reset and the Banks threatened financial armageddon to keep the BTL cycle going. Now they've got themselves out of it, they'll be happy to let it all burn. To be honest I'm mad enough to watch it and not care if I'm caught in the firestorm. Am sick of it.

Ah the Daily Heil...let the panic commence. Just for laughs, after the crash let the ECB begin a massive QE programme just before a referendum. I'd love them to try and justify leaving then

Gut feel is BTR works. Since they're building new properties, it doesn't put upwards pressure on existing houses (unless Gidiot throws them some tax fix). Spyguy is right, to make a sustainable return you want a target audience that has a regular income; effectively they need to price attract FTBs to give up home ownership - the best way to make the rents really affordable. They can then mark up with 'homeserve' type insurance to cover maintenance, insurance, and upgrades. The best thing. It puts downward pressure on rents and the remaining OO stock (since there would be fewer buyers)....BTL get shafted

First they ignore you, then they laugh at you, then they fight you, then you win. Well I'm up for the fight. Greedy f*ckers.

She can charge the Bank of England, for a start, for importing a new Governor. Whilst she's there, she can charge Parliament too for Non-Resident MPs

This really irqs me, given the amount of help to combat discrimination. (For the record, I don't read the Daily Heil Mail). I wind up such ads with the help of some Polish or Asian friends who turn up with me. I then politely point out it is illegal and then them squirm as it gets translated

Starting in 2017 and phased in over 4 years! FFS do they want some lube as they want to ass **** us?

Tesco and Sainsbury both suffered because of massive property writedown. Tesco in particular wiped out 1B GBP (on US keyboard, so no bloody pound sign) with 6B GBP property write down! Aldi and Lidl stick to the basics, selling stuff. Jack Cohen would be proud.

This is probably a result of my lack of inheritence (ahem), but why would intergenerational wealth be good? The cornerstone of any liberal democracy is the myth of being self made. That you can work, directly or via investment, to build up capital and subsequent wealth. The direct opposite of this is Feudalism, whereby wealth and power is handed down by birthright (whether or not this is done by divine right or by inheritance is semantics). Note I am not advocating stopping inheritance, but recognising getting Grandma's hard worked capital as a result of gentic luck. Nearly all established commercial civillisations have some sort of concept around death geld, where a proportion is given to the community or to the established state. That's enough pseduo intellectualism...I've found the Special Brew

mt gox is the shortened name for 'Magic the Gathering Online Exchange'. It was a online fantasy world that was an early bitcoin adopter and then migrated to being an exchanged. It was constantly out of it's depth as the media tagged it as the primary bitcoin exchange. The site is down, so any funds both cash or bitcoin are in doubt. Any bitcoins held directly should be OK. What is interesting is whether the site went down due to run of the mill fraud, or if there is a flaw in bitcoin itself. Several 'theoretical' flaws have been seen in real life (originating from mt gox if I remember correctly), whereby coins can be 'spent' twice. FWIW, I think this is an attempt at the powers that be to shake confidence away from a medium they cannot control.

The bizarre thing being the sell off would be unintentional. The stock market is bouyed with nervous money looking for larger returns. The banks are using free central bank money to prop up BTL IMHO. If the stock market tanks, this marks a buying opportunity for the banks, squeezing BTL. Rates rise as a result of the shortage and prices correct as people pull out of the hassle of BTL and for the better returns of the stock market. As wiser heads have stated, they can be irrational longer than I can be solvent:(

Hello, Just came across this article that the NYSE has encountered the Hidenburg Omen. Is this a warnign sign?

You can squeeze alot out of Burnley, mainly brown and sticky though. Elite property my ****!

Remove the pointing and give yourself a real game of Jenga

BBC News - Radical Options for UK Economy Kite flying ideas to remove the debt burden. I despair! Every option screws the prudent and creates moral hazard for the Banksters and the sheeple that were stupid enough to fall for it. [rant] What happened to the option of, crashing the market with those overexposed getting burnt. Provides a salutory lesson for the next spiv inspired idea from the Financial industry and provides a stark warning of those who think they can have thier cake at the expense of the screwing everyone else. [/rant] Time for a cuppa