Jump to content
House Price Crash Forum


  • Posts

  • Joined

  • Last visited

Everything posted by Trampa501

  1. Flooding could be a game changer. It doesn't really matter if Muswell Hill or Golders Green (in the north), orGypsy Hill escape the wet stuff, if the City, Shoreditch and Fulham become new Venice. The big corporations and their jobs will just relocate. No location is indispensable.
  2. Seeing this to an extent with pubs (particularly those with outdoor space, a terrace or beer garden). The old boozer simply can't stay open with current customer numbers, so if you want a drink you have to go to a place that requires booking, as they are so busy. Plus they charge an arm and a leg for a drink.
  3. A combination of factors is hitting central London hard. First, more of the office/city/media people are still working from home. Then there is the fear factor, not helped by rocketing covid numbers. As mentioned, all that faff factor is a negative. And lastly, of course, there aren't the huge numbers of foreign tourists. Whether that's because restrictions prevent them coming, or they are put off by the shambles of a government, or some other reason, we may never know for sure.
  4. For many years we thought an ever-increasing population was the norm. We had no natural predators that could cull our numbers, and life expectancy was rising across the globe. But things have changed. Fertility rates are dropping, and scientists have predicted that covid heralds a new age of pandemics. Is it time for the robots to take over?
  5. A good takeaway, like a kebab or chip shop, makes a very good profit on sales, and has probably done ok during the last year (unless they are dependent on City office workers). £50k is probably a small percentage of what they can make in a year. I know of certain takeaways that can make £3-4k a day! A restaurant owner, on the other hand, may be tempted.
  6. They were probably talking about shipping prices. Hope this is a temporary blip, it will hurt a lot of businesses, including mine. https://www.bbc.co.uk/news/business-55740063
  7. It'll be surprising if the chancellor does go down this path, particularly after the Chesham by-election result. Yes there is a bill coming in for the Brexit and Covid measures, but hammering the well-to-do middle classes could be electoral suicide for a Conservative government.
  8. Maybe English businesses and industry are doomed (Scotland still has a chance to escape) if the ever-increasing older sector of the population is going to keep voting for policies that damage the economy, whether it be Brexit, restrictive housing policy, hostile environment policies that wreck our rep overseas, or various subsidies to house-buyers. I'm not young myself, but I don't see how the country recovers from the devastation the boomer generation has wreaked on the country.
  9. The folk in these well-to-do areas will also have noticed the wild spending schemes put forward by Johnson - tunnels or bridges to Ireland, "levelling up the north" etc. Guess who will be called upon to pay for those schemes (as well as the great furlough handout) ?
  10. Maybe memory affects us all, but I don't remember either the Prime Minister (Cameron) or Corby calling anyone racist because of the way they voted. I do remember politicians telling us "we hold all the cards" and "they need us more than we need them". One thing though that people always forget about the Brexit vote. People of working age voted Remain. It's the older generation that swung it, both in the North and the South.
  11. Could be parents who see their kids no longer have the Erasmus option, or easy access to ski chalet working holidays. Or folk who work for pharma or financial services, where Brexit will hit them. Or health service professionals who experienced the PPE shortages, and wonder where all the lucrative contracts went... Any number of cheesed off middle classes who while they won't vote Labour, are not impressed with a Tory government trying to appease the Northern chip shop worker who doesn't like hearing foreign accents... I wonder too if the good folk of Chesham know deep down that a huge bill is incoming for the dual effects of Brexit and the Covid lockdowns. Who's going to pay most of that bill? Unlikely to be the northern chip shop worker.
  12. Bridget Fox on Twitter: "Chesham and Amersham voted Remain. #Brexit may no longer be the main issue but a lot of people work in City, locally-based global tech & pharma companies, lots of educated professionals. Nationalist rhetoric not very popular here." / Twitter
  13. I'm not sure about the statement here (first time ever that El Corte Ingles had an unprofitable year - they've had some lean years since 2008). Not surprised that they lost 2.9 billion Euros in the last year, hard to make money when your customers are in lockdown, even if you are pivoting towards the ecommerce side. https://twitter.com/joehas/status/1404378140491853827?s=20
  14. Suppose you were a Union leader for the miners between the 40s and 80s. If you acted hardball in every negotiation, always played hard for your members, you'd be successful in gaining extra pay and benefits for your members, who did a difficult and dangerous job. It wouldn't be seen as insane to follow that path, indeed it comes across as being a totally sane course of action.
  15. A lot of pub restaurants have now opened, but have found they cannot rely on wet trade income so much - the regular boozers at the bar are not allowed to be there, it's table only service. This also creates a need for more paid staff. Not great news for customers on a budget - better to get a takeaway and provide your own drinks in the garden or park.
  16. I'm not sure this can continue - youngsters feel they've already lost much of their freedoms in order to protect the oldsters. Now virtually all the oldsters have been vaccinated, they're going to want their freedom back. Already police are struggling to attend illegal raves and parties. Going to be a long, hot summer. I happen to think the government has made a pigs ear of the various lockdowns (too little, too late) but I don't envy their position now. They are going to be criticised whatever they choose to do.
  17. I seem to remember the SA authorities ruling out the AZ vaccine because it didn't offer enough protection against their variant. It may just be that we need a variety of vaccines in play, to stop major outbreaks. In the meantime it seems a bit foolish to kill people's livelihoods and futures with enforced lockdowns. Let people make their own choices.
  18. Retail outlets, and particularly those in big cities, are going to get hammered this summer if the good weather continues. Locals are using their surplus cash to get out to the beach and/or campsite. Meanwhile the usual influx of foreign tourists will be a mere dribble of previous years, due to a combination of covid fears, brexit red tape and the general 'hostile environment' bad press.
  19. Interesting - on Twitter Property Lion (who I suspect is a poster here) has recorded this little gem. A flat in zone 2 Kilburn, reduced by 12.5% Property Lion on Twitter: "#UKPLLondon TOTAL REDUCTION: 12.50% ADDRESS: Willesden Lane, #London, NW6 STATUS: Reduced on 14/05/2021 INITIAL PRICE: £400000 NEW PRICE: £400000 to £350000, Down 12.50% POSTCODE: NW6 https://t.co/oi1qdU0LTn" / Twitter I work sometimes close to this point. The flat is on a busy junction with the high road, which means noise, pollution and crime are likely all the time. Move a few hundred metres along Willesden Lane, and you're in millionaire property land (Queens Park and Brondesbury). But there may be younger folk who won't mind the high road location because it's (relatively) a lot cheaper, and there are good transport links to central London. I find it interesting that the market is now finding it difficult to attract the younger first-time buyer.
  20. Tourism has been dead true, but it's about to recover in a big way, there is too much pent up demand. People are keen to get away somewhere, to visit friends and relatives, and escape their lockdown confines. We have no way of knowing when it will get back to 100% pre-lockdown levels, but to say it won't recover for years is way off-beam.
  21. It's got little to do with "benefit levels", and quite a lot to do with accommodation costs. An average single person living in the North (whether they be in their own pad or living at home) is not going to get monetary value from moving to an average job in London, where a flat can cost 400+ a week, and they may have to take on a 2nd job. However many folk from non-English speaking countries will take on the challenge for a couple of years to immerse themselves in the language, and also possibly have more freedoms/opportunities than at home. Moreover , big cities like London and New York, traditionally attract driven young people (regardless of origin) who want to make it in certain sectors, whether music, theatre or art etc.
  22. Overstating it a bit. I have enjoyed holidays abroad, but can still appreciate an English holiday. (helps that I have no interest in lounging on a beach). Plenty of good walks, interesting buildings, welcoming pubs and shops around. The unhealthy appeal of fish n chips, cream teas and full English breakfasts at least provide the carbs for all that walking. And although we moan about the weather at least it's rarely too hot to engage in walking/cycling/sports. Yes, it can be a mite expensive, but generally if you shop around you can get decent prices.
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.