

Mr 0.01%
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Everything posted by Mr 0.01%
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Renting In The Uk - Share Your Experiences
Mr 0.01% replied to Dave Beans's topic in House prices and the economy
Renting is like The PAYG of mobile phones 15 years ago. People that can't afford the initial outlay of buying a house still get screwed over with higher short term costs (manifested in admin fees, deposit fees blah blah etc) and poor customer service. Britain's housing model eh. -
Any feeling out there on how the market in Newcastle is currently? Land registry suggests up, rightmove suggests down. I've been watching a few small, 2 bed semis that sold for at least £10k lower than their asking prices.
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I hope the yes vote wins just so the population wakes up and realise that 500 men in Westminster cant ever faithfully represent the opinion of 70 million people.
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Cuts Raise Risk Of Council Collapses, Mps Warn
Mr 0.01% replied to interestrateripoff's topic in House prices and the economy
No council should have been that large in the first place but christ - 6k jobs - that's gotta hurt... -
I'd love a yes vote! I see no reason why the two countries can't just coexist like they already did before the king from Braveheart tried to take over Scotland several hundred years ago. And if it shakes up the markets and big-government then that's welcome too, if not an over-simplification. The scaremongering by Westminster is the worst part about this debate - it's only scary because they're threatening to make it scary. I'm surprised that Westminster hasn't declared Black Friday yet as part of its scaremongering!!
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I'd like to see the Yes vote win just to shake things up. I'm utterly bored with the status quo in UK politics and this would go some way to making politicians realise that they're not untouchable and should, erm you know, maybe listen to voters once in a while.
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Why August's Property Slump Will Only Get Worse
Mr 0.01% replied to Sancho Panza's topic in House prices and the economy
Good bear food but more rollercoaster-reportage from the Daily Mail!! -
Is Prime London Crashing? - Merged Threads
Mr 0.01% replied to Damik's topic in House prices and the economy
Snap, just posted a thread about that (so mods may want to merge my thread with this or delete). When even the most pro-HPI paper is posting that prices are falling then you know something gotta be up... -
from the Daily Mail What I don't understand is that once buyers understand that a fall is(/may be) coming, why would they continue to pay over the odds? Why not just wait? "Yes EA - here's an extra 20k that I won't need to pay in 6 months." Last gasp buyers hoping to invest and then sell on before a fall? End of Russian/Chinese money so TPTB trying to get naive UK buyers to overstretch themselves? Or a thinly veiled call for the government to offer more support to the housing market - seen as DM is one of the most pro-HPI rags going....
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Is Prime London Crashing? - Merged Threads
Mr 0.01% replied to Damik's topic in House prices and the economy
Great work! Dipped into the MSE thread a few times, good to see some common sense amongst all the HPI zealots. I wonder how well a 'biggest drops' thread would go down over there. Might help ppl join up the dots between the theory and what's actually going on. Damik to the rescue!!! -
Is Prime London Crashing? - Merged Threads
Mr 0.01% replied to Damik's topic in House prices and the economy
The whole world feasts on the UK's housing bubble. Detroit, Russia, China... -
Is Prime London Crashing? - Merged Threads
Mr 0.01% replied to Damik's topic in House prices and the economy
Yep, the whole idea of worth/value has been (perhaps irrevocably) undermined with the availability of so much credit. A bit like a drug really. Get everyone hooked on credit and they'll pay anything for their next fix, even if they can barely afford it. -
Is Prime London Crashing? - Merged Threads
Mr 0.01% replied to Damik's topic in House prices and the economy
I read that MSE thread expecting lots of mumsnet-level ramping/sympathy ('feel 4 u hon' etc) for the seller but a lot of the replies seem quite moderate and suggest that it's not unreasonable to offer under the asking price. Quite refreshing to read!! -
Guardian: Help To Buy Scheme Hits New High
Mr 0.01% replied to subspace's topic in House prices and the economy
It befuddles me how unaffordable help to buy is at high LTV ratios. Are ppl (in general) that manic about buying a shoebox that they're happy to commit themselves to decades of debt slavery? -
Media conspiracy to ramp the market in the regions? DM employee trying to sell their mum's house in Doncaster?
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More than a whiff at £75k off! Do you have a linky?