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House Price Crash Forum


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About wardpsych

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  1. Soros dumps gold "seems like golds 15 yer bull run is coming to an end". The gold price is going to drop so fast now and alot of people are going to get burned. http://www.bloomberg.com/news/2013-02-14/billionaires-soros-bacon-reduce-gold-holdings-as-prices-slump.html
  2. There is a cap on pensions, its called the lifetime allowance. Pension pots over £1.5 million are taxed at 50%. http://www.hmrc.gov.uk/pensionschemes/lifetime-allowance/impact.htm
  3. Commerzbank next to topple I understand. http://articles.businessinsider.com/2011-11-25/markets/30440078_1_commerzbank-bad-bank-dexia
  4. South East auction prices from Savills auction on 7th http://auctions.savills.co.uk/Lond_previous_auction_detail.asp?auc=720&date=07/12/2010
  5. There is a simple solution to the Welsh Public sector Overspend which is to discontinue National Public Sector pay bargaining. I work in the public sector in the south East of England, if public sector pay was adjusted downwards in Wales to take account of lower prices including rents, as well as generally lower wages in the private sector, problem solved in a stroke!
  6. link http://www.auction.co.uk/residential/LotDetails.asp?A=642&MP=24&ID=642000120&S=L&O=A
  7. http://www.auction.co.uk/residential/LotDetails.asp?A=642&MP=24&ID=642000120&S=L&O=A A Freehold Building Internally arranged as a Self-Contained Studio Flat and Public Convenience. Can you charge for a pee? Nice little business from home.
  8. Yes, alot of the houses I'm looking at in Surrey will be sold by the owners executors not the old dears holding out for 2007 prices.,
  9. Last comedian Tommy Tiernan also very funny about the Irish boom and Crash. "why don't we just find the ******* we owe all the money to and shoot him?"
  10. The Dow Jones Industrial Average is repeating a pattern that appeared just before markets fell during the Great Depression, Daryl Guppy, CEO at Guppytraders.com, told CNBC Monday. “Those who don’t remember history are doomed to repeat it…there was a head and shoulders pattern that developed before the Depression in 1929, then with the recovery in 1930 we had another head and shoulders pattern that preceded a fall in the market, and in the current Dow situation we see an exact repeat of that environment,” Guppy said. The Dow retreated 457.33 points, or 4.5 percent last week, to close at 9,686
  11. More dislikes - roads seem to have got a lot busier, I know thats the same everywhere but I didnt notice traffic 10 years ago, its getting harder all the time to get onto A217 from where I live. No good pubs in walking distance, don't like the pubs in Banstead, tend to go into Cheam or Ewell village. Lots of good places to eat though, including Post ( Tony Tobins new place) in the village. Plenty of open space/parks /commons for walking, cycling. To be honest I'd say the best thing about where I live is my neighbours ( isn't that what you really pay the extra for when you buy a house.?) Neit
  12. Have lived in Banstead for 10 years, having moved out from Putney due to expanding family. Banstead village still civilised, very good local schools ( private and state), 45 minute commute to waterloo/ Victoria from local stations, easy access to countryside. Downsides include average age of local residents is about 70, although that is mainly because people buy here and stay put. I think house prices locally (comparitively) reasonable.
  13. Local Housing allowance is falling as can be seen by checking on the lha website. https://lha-direct.voa.gov.uk/Secure/LHARat...x?SearchType=LA For instance 2 bedroom flat inner south west london lha Jan 2009 £350 a week, now £300 a week. ok, still mad prices but the start of a realistic market
  14. This is how unemployment correlates with repossesions in the US. Not much prospect for a house price recovery there surely, and aren't we being told there is no revovery till house prices in the US recover?
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