CarbonBasedLifeform

i don,t think house prices will fall much than 10-15%, however a loaf of bread will be £8, alitre of fuel £3 and gas and electricity prices will be alot more expensive. taxes will be higher, incomes stagnant at best, unemployment will reach levels not seen before in our lifetime. house prices are the least of our worries, they are merely a sideshow, the standard of living in the uk is going to fall to reflect our true position in the global economy, and with the banking sector wrecked we have a long way to fall, nobody wants to buy our "innovative" financial products anymore,the pound will be trashed. so to sum up in 5 years the average house will probably still be "worth" todays figure of circa £155,000. the problem being that £155,000 will be "worth" very little. STOP OBSESSING ABOUT THE PRICE OF YOUR HOUSE ,THAT GAME IS ALL OVER.

YES , MERV JUST NEEDS TO POP DOWN TO THREADNEEDLE STREET GO INTO THE DATA BACKUP ARCHIVE SELECT ANY DISC FROM ABOUT 2001 AND INSERT INTO THE DRIVE, SELECT "SYSTEM RESTORE FROM DISC 2001" . SORTED

exactly

the apartment was actually very nice with a balcony overlooking a pretty river (very clean) and close to a large park with childrens play area and duck ponds etc, treviso is a rich city its the base of benneton and aprilia so prices are higher than average but salaries for the working don,t reflect this. i have a friend who is a coded welder and his wife has a sunbed shop, they bought a small 2 bed apt of 78m2 in marcon 10km from venice it was unfinished with no kitchen and no stairs to the loft 2nd bedroom and it cost 188,000 euro, she runs a small 10 year old opel and he has a scooter/use of the firms van, he is always working away from home and does as much overtime as possible and she works from 10am to 8pm, they just about manage to survive, they go out very rarely and have only had one holiday scince iv,e known them ,and that was in rimini where they stayed at a reletives house for a week. to answer your question the situation seems completely irrational, nearly everyone i know earns from 800 to 1400 euro a month with an average around the 1000/1100 euro range but the streets are full of newish cars,the expensive houses are not empty, the restaurants are full at the weekends and ski resorts are crowded in the winter. ihave yet to have anyone give me an explination of how it is all possible on these salaries most just say that two people have to work and that you just do debts for the things you want/need.i just can,t work italy out at all and this is after living there for 7 years, i,m lucky that having a trade in italy gives me a chance to do work in black money (untaxed/cash in hand) so ican boost the low salary but many people don,t have this advantage so how they get by on 1100 euro a month is a complete mystery to me.

hi, i will put you all straight about italy , at least northern italy the only part that is economicaly viable. please excuse spelling etc as iv,e had a few peronis before writing this my background, married an italian with a 7 year old son lived in treviso(about 12 miles from venice) for 5 years and 2 years in sirmione lake garda (verona) i,m fluent in italian so i am able to avoid special tourist prices where they try it on etc. firstly you think things are bad here in the uk regarding house prices compared to average salaries, well compared to italy you have it good, an average salary ( net) in italy (north) is about 1100 euros a month, i lived in a 1 bed apt in treviso about 2km from the centre 55 m2 floorspace cost 175,000 euros so thats approx 14.5 years take home pay (without spending a cent) to pay for it so thats a massive salary multiple, the mortgage was 1300 euros a month. just to make things clearer in the uk we say earn 30k pa and our employer pays this 30k plus employers national insurance contributions and any employers pension/insurance contributions etc, we then pay tax on our 30k income and employees national insurance contributions/ pensions etc. in italy it works very differently, any employer that pays you say 15k euros pa has to pay roughly the same to the state in employment costs so thats a 50% tax before you start but is hidden as the employer pays (but in effect its from your salary ) so there are all these eu average salary figures that say italians earn about the same as uk etc workers but these are based on the 30k employment costs not the net salaries. i,m a fully qualified electrician specialised in solar power installation/testing/maintenance and in italy i,m lucky to get about 1300 euros a month without overtime. lets put that in perspective. rent average 2 bed apt in ok area 700 euros amonth. car insurance is eye watering at about 1100 euros a year for an average family car for fully comp. a pint of larger is 5 euros, a bottle of beer is about 3.50 euros. the average bill for a pizza for 2 with drinks, cover charge and a coffe is about 30euros. a sandwich in a snack bar is about 2 euro and in a railway station 3 euro airport about 4.5 euro. a lire of diesel is about 1.28 euros. however beer and wine from the supermarket is unbelievably cheap. clothes are very expensive compared to the uk,especially childrens/baby clothes. food is more expensive i have seen tomatoes at 3.89 euro a kilo (2.2 pounds) out of season, milk is 1 euro a litre and a boxz of kellogs cereal is about 3,80 euros cars are more expensive to buy both new and used. utility bills are unbelievibly expensive especially if yo don,t live in an area with mains gas, electricity and mains gas is about double waht you pay in the uk as there are no nuclear power stations in italy and all gas is imported. if you own a business the taxes are very high around 40-55% depending on sector hence the high cost a drink, pizza etc to the tourist its not that the bar owner is making a fortune it,s just his costs are very high. life in italy is difficult for the average working man but the quality of like is far better than the uk, i,m fully aware of the problems of living in italy but i can,t wait to return ( just need to regroup after a difficult divorce) and i will go back as i believe here in the uk you will be paying for the banksters theft for the next 20 years, so if i,m going to be poor i,ll do it in the sun with cheap vino grazie.

agree 100% put it back trhe way it was.

war cannot be avoided it can only be delayed to the advantage of your enemy. the same can be said for this crash, it,s inevitable and the more they spend and the longer they pretend toxic assets have a value well above reality to delay it , the worse it will be, less pain now for alot more pain later or a slow lingering decay over 20 years or so not sure yet but history shows the latter to be more likeley.

erm have you factored in the fuel costs/equipment costs /ingot mould costs ? thought not? oh well best take another long bus ride

NOK in currency the safest game in town

i doubt it, they probably refuse to have one of the wrist without first doing a risk assesment and environmental impact study and by then theyv,e scared themselves out of it

oh sh1t where are we going to get our future community outreach intergration resource officers from wer,e f****ed.

shockingly pathetic vi diversionary tactic thread. please leave my public sector job for life gold plated pension job alone LOOK THESE BAMKERS ARE MUCH WORSE THAN US ITS THEM YOU WANT! eat sh1t and die

many a true word said in jest , this just about sums up the "progress" we have made over the last 20 years how do we expect to compete in a global marketplace with all these extra costs red tape and regulations? a.) we can,t , we need to drastically cut back hse legislation as it,s gone too far, the problems seems to be that there is an initial problem a government body is set up to combat the problem , the problem is solved , then there is a whole body of people who have to justify the further existence of this body eg hse. and they just keep churning out endless new legislation to justify thier existence with no thought to how this will effect the private productive sector that pays thier wages. we need to kill the quangos etc

the fact that you find this shocking shows just how far detached you are from the reality of work for millions of people in first world economies, this is not a new phenonemon either and people like you have probably only just decided to look for this kind of abuse as the present economic crisis has you worried that your own overpaid non productive employment is under threat. welcome to globalisation you are now going to get paid what you are worth. you have looked down your nose at these "underclass" your whole life now you might have to join them LET THEM EAT CAKE C**T.

and i,d just wates the rest

i am i have no problems with "disapearing" problem tenants at 2 million apiece.

if you couldn,t find it, how did you post THIS? ENJOY YOUR HOLIDAY PLEASE DON,T COME BACK.

plus one exactly why this soulless place will fail, i mean who would go there more than once?

no revolution as we all benefitted from the trickle down effect time for us to repay all this generosity hence the current torrent up of bailout cash etc

and whats wrong with a bit of bbw/plumper action? type monica santhiago into google and tell me you wouldn,t

so if you lose your job and have to move to find work how will you do it? pay your property gains tax on your house sale but then you have to pay the full new inflated price for your next property with your diminished funds? this will not help us have a MOBILE workforce.

totally agree with the smoking ban in pubs, for a non smoker it used to be disgusting, you get home hair smells of smoke clothes smell of smoke,get into bed with girlfriend, her hair smells of smoke yuk yuk yuk. best thing to happen for years . ok the pubs may be less busy but i didn,t want to meet people that smoke anyway ITS A GRUBBY HABIT. just been to my fave pub in formby merseyside and i can,t complain about the prices especially as its in the most expensive part of the liverpool suburbs, steven gerrard lives here etc etc, bottle of echo falls wine £4.95 (ok not the best but thats for a bottle not a glass) fosters £2.15 , becks £2.25 , heineken £3.10. watched the england game felt a bit hungry so ordered a meal deal special of toasted baguette with chicken, blue cheese, mushrooms and mushroom salsa with a side of salad and chips and a pint of becks for £5.45. great value, nice pub, nice people hardly any chavs in this area. however have noticed if i go into liverpool city centre at the weekend fridays are alot less busy recently, saturdays are still very busy but i dont see how these expensive city centre locations can survive on 1 busy night 1 ok night and 5 really quite nights so ithink many closures are coming up.

posh ***** i was staying in the favellas, nice view though

lol great post