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House Price Crash Forum


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About JimDiGritz

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  1. I think that there's only one register this guy should be on....
  2. "Bitcoins are only divisible down to 8 decimal places. Programmatically all calculations are performed in satoshis using integer arithmetic (1 satoshi = 0.00000001 BTC)"
  3. Morrisons have a £9bn property estate, perhaps the markets are predicting a property crash... hmmmm
  4. Well put. If they can limit true price discovery AND continue to offer cheap finance deals then they can keep prices high (sound familiar???)
  5. Possibly, but after trawling autotrader the volumes just didn't stack up for me - I'm probably wrong on this, but I still suspect some manufacturer manipulation.
  6. I recently bought an ex demo (basically new) car in cash and part personal loan - I'm 40 and I've always owned 7-15yr old cars and put up with the hassle. What surprised me is the lack of nearly new, low mileage ex PCP 2-3yr old cars on the market. Given that everybody and their dog is leasing a car on PCP I'd expect a glut of low mileage 2-3 year old cars - but the volume is just not there. My suspicion is that these cars are being mothballed/exported to keep the residuals up - I assume that if all of these ex PCP cars came straight onto the market the second hand prices would drag the residuals and new car prices down which would cause chaos for the PCP industry.
  7. Sorry, you are conflating two issues. You're arguing that the defense against inequality in education is a feudal style wealth transfer. Of course parents have to take control of their kids education. Who said otherwise? I'm for abolishing virtually all state services and taxes - with the exception of Inheritance Tax.
  8. Sorry, this doesn't wash it's is self-justification. What about a BOMAD supported buyer outbidding a young couple who have come from no money - surely they're just "managing the family capital" and we should admire their planning skills.... I'm 100% for personal responsibility and a meritocracy. As for Errol's point about loopholes - sure there are plenty. Doesn't make the point of principle wrong.
  9. Sure parents earned it, but their kids didn't. Income tax should be near zero, then you'll see a true capitalist environment
  10. Inheritance Tax should be 99% after say the first £100k... Unearned wealth.
  11. Mmmm, how much per week to stay in the shed.. looks spacious.
  12. Nice. Good luck getting a good family portrait with a selfie stick and crap lighting. I ran a commercial advertising and portraiture studio for a few years back in 2007. Our lighting rig cost £100k alone. Sure the Hasselblads were digital and only cost £30k each, but the main investment was always in lighting. Despite the advances in sensor technology you can't break the laws of physics.
  13. Blimey, selling BTC is painful.... I'm no closer to being able to sell some of my BTC through coinbase. They can only make EURO SEPA payments to UK banks and I need to do a penny test first into my wallet - pffft Anyone managed to *actually* sell BTC and *actually* get GBP? This whole cryptocurrency seems like a big closed merry go round.
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