AffordableHousing

Re: Nationwide latest sept 2008 figures. "House prices will continue to fall in short term, but longer term prospects are more sound". The weather is a bit unsettled but long term prospects are more sound. Garry Glitters stomach ulcer is a bit unsettled but long term prospects are more sound. I don't want to hear any of this optimistic claptrap. Just DOOM and GLOOM. And co-reveling in the hardship of others. co-reveling in the hardship of others. co-reveling in the hardship of others. co-reveling in the hardship of others. With all these house investers/owners waxing and waining, fretting over their property's loss of value. Wibble wibble wibble wibble wibble my house has lost Thousands of pounds in value in a month. Spending hand over fist to pay back their crushing debt. With all the 39% utility bill increases, poll tax, rising inflation and the good old grim reaper UNEMPLOYMENT sything them up dayly by the Thousands. Nationwides 1.7% house price decrease in the month of Septemper 2008 is great. Followed by a decrease for October, November, December.... happy days eh!. Keep those figures coming Nationwide, mind you don't go bust!. Can't you just FEEL the suffering of the millions of home owner/buyers. Reach out, move back a little, take a deep breath and Revel in it. Spare them no pity. Rub their noses in it when you meet them and bring the subject up, watch their faces drop and listen to their guts churning about with fear and absolute worry. But hey! 'longer term prospects are more sound'. And them MY house will be worth £$91054545454£$ pounds yippee!. And THEN I'll feel happy. Tying your happiness into the value of some house bricks. Might as well tie it into the cracks in the pavements. Which as you know, you'd better not tread on.....or you might die..

"Savings accounts offered by the UK Post Office are covered by the guarantee because they are administered by the Bank of Ireland". This is the thing, and I find it quite laughable. The UK Post Office tout 2 main savings account providers. Themselves, with the bank of Ireland. And with National Savings offering a lesser rate of interest, but with the piece of mind that all of your money with National Savings is Guaranteed. Now, with the new Irish banking initiative, less and less people troddling off to the Post Office are going to put their money into National Savings, it is going to go into the bank of Ireland. Cash the Giro, cash the pension, cash the child benefit down the Post Office, put some of it away for a rainy day, and off it goes. See you 'money', thanks for your stay in Britain, hope you enjoyed your stay, bye now. It won't just be via the Post Office either. The Irish are looking after the interests of their people and you cannot fault them for that.

I very much suspect the Nationwide have been 'asked' to delay the publication of their figures. Looking through their previous release dates, you have to look back as far as June 2005 to see a 2nd of the month release. With at least a 1 in 40 chance of that and this past 7 days of events, I get the feeling of 'liebour manipulation' going on behind the scenes. You just can't touch it, you hardly ever can, but the stench of their corruption is unmissable.