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North London Rent Girl

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About North London Rent Girl

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  1. North London Rent Girl

    Yellow Vest Protests

    Thanks, nice bit of first-hand info. I've been wondering whether to trust that 'demos have support of 80% of population' figure as don't know where it's from but what you've seen suggests a great deal of popular support. I'm going to go and catch up on fresh footage now, see what's happening.
  2. North London Rent Girl

    Yellow Vest Protests

    Oh, goodness, this and reddog's post above it, don't start me off. Am reinforcing me tin foil hat and buying a gas mark, praps in a fetching silver to go with. Whatever happened in Strasbourg, and we'll never know, what's happening on the streets of Paris is mind-blowing enough. It really does look like the start of a revolution. Yikes hurray.
  3. North London Rent Girl

    Yellow Vest Protests

    unpleasant comment withdrawn, I wish you well
  4. North London Rent Girl

    Yellow Vest Protests

    I see what you're saying but they're not trying to get them to disperse, they're kettling them then dropping tear gas on them from the rooftops and firing rubber bullets into the crowd. Sure the police are scared but at this particular juncture they're not the ones I'm feeling sorry for. In another bit someone was talking about some policemen taking their helmets off to show the crowd they wouldn't hurt them, he was saying the police can see they're mostly ordinary people. Someone also said this thing has 80% of the population on its side. Can that be right? What do you think the outcome of an EU referendum would be here?! Frexitorama.
  5. North London Rent Girl

    Yellow Vest Protests

    Brilliant, well done - I've just been watching this and came on here to post it, thought one of you might already have done so. It's extraordinary and we are REALLY not hearing about it. And wearechange are not showing the gory stuff - someone losing an eye, someone losing a hand. This sort of first-hand reportage, there's nothing like it. Am feeling a bit awed that something is actually happening. Not gleeful as I did at first, now concerned but also hopeful.
  6. North London Rent Girl

    Yellow Vest Protests

    Yes that's what I gather, too - it was the last straw. I've found it so heartening, magnificent, ALLEZ LES VELOS!!
  7. North London Rent Girl

    Ghost towers and empty spas

    Bingo! But the things you mention can't be commodified - except to the extent that you need a kagool and the price of a cup of tea and your bus fare. How is that good for our warped nutter of an economy?! People aren't going to get indebted by enjoying nature and that's where we need them, up to their eyeballs in debt from the age of 25 and running as hard as they can for the rest of their miserable lives just to avoid destitution. Put a picture of some grass on the wall and stream some rain sounds, Fahrenheit 451 here we are!
  8. North London Rent Girl

    Centre Point “silly offers”

    That's my borough so had to look it up - v annoyingly it seems only to be levied against individuals. Poo. http://camden.gov.uk/ccm/content/council-and-democracy/council-tax/discounts-and-exemptions/unoccupied-properties---changes-to-discount/ But also, if Camden is amongst the councils that's still granting permission for vast numbers of luxury apartments, and it surely will be, more luxury flats are just what the borough needs, they will have some hand-down-yer-trousers arrangement with 'investors' so they're not scared to come in and build. That was a reference to this bit in the artice: "In February it was reported that London councils had granted property developers planning permission to build more than 26,000 new luxury flats priced at more than £1m each". No words for how mental it is, everywhere you turn here you see these slums of the future, it's an infestation.
  9. North London Rent Girl

    Radio 4 Manhatten-chester

    Bloody hell, a three hundred year old trust, isn't that where it's really at?! Old wealth and power reproducing itself largely outside the tax system, their kids have got it made in the shade! But yes, have to give it to them for long-term thinking, that's how you do it, the rest of us can't remember 30 years back.
  10. North London Rent Girl

    Radio 4 Manhatten-chester

    Absolutely, not news to hpc-ers but great to see msm giving room for crazy notions like house prices going up as well as down and prices being set at the margin!
  11. North London Rent Girl

    Radio 4 Manhatten-chester

    https://www.bbc.co.uk/programmes/m000182g A little early-winter cheer for hpc-ers in Manchester! And more generally a very interesting programme on R4 on Friday - Manhatten-chester, well worth a listen. It's about high-rise development in the city. Young man who has just bought a 3-bed flat in a block for 240 grand, "I think it's a steal" - not his fault but oh good lord. Prof. Karel Williams of the Manchester Business School: "too much housing of the wrong sort in the wrong place... The capitalists never know when to stop, the problem is the local politicians didn't tell them to stop ... it's a kind of monoculture that's ... for 25-34 year olds and what happens when they grow up and they want to have children?... None of this kind of ecology of the city has been focussed on by the developers or the planners". Then, later: "The BTL landlords, many of them have factored in continuous rises in flat prices into their return. Now, capital appreciation can't go on forever. In the early 90s, if you factor in significant inflation at the time, house property fell by around 25%. Now, the great achievement* after 2008 was the Bank of England cut interest rates towards zero and they essentially prevented a collapse in house property prices, that's the great achievement of economic management. So all these BTL landlords have never been exposed to a downturn in the property market. The typical BTL landlord is someone like a south of England dentist. Most of them have been bought by people whose propsects of retirement are tied up with the idea of investment in house property. Now, if this turns sour, nobody knows exactly how these BTL landlords will behave. They've never been exposed to a serious downturn, they don't remember the events of after 89 when there was a serious downturn in the property market and there's at least the prospect that some of them would panic and start to dump property on the market. And if individual BTL landlords start panicking in large numbers, then of course you get distress auctions and the price of every flat in the block is defined by the price that was reached in the last distress auction..." Presenter: "So buyer beware?!". Prof - "I think BTL landlord certainly beware". * Can't read his tone here, not sure he really means this.
  12. North London Rent Girl

    Americans are splurging on all flavors of subprime debt

    Hahaha, quite. Now there's a good way of pretending to solve a very real problem, how resourceful - the problems of collateral and paperwork dealt with in a oner, two birds with one stone. Am also struck that it's no longer SUBprime lending (frowny worried face), it's just non-prime lending (expansive hand gesture and shrug of shoulders) - that really should be read out loud by Julia Louis Dreyfuss as Elaine from Seinfeld. People have got so hung-up on that 'sub-' prefix, haven't they? Sillies, getting themselves all worried about nothing, everything will be ok, just sign here.
  13. North London Rent Girl

    On the edge of a financial crash?

    Don't know much about stock markets but early on radio today they were talking about a LOT of volatility on the Japanese stock market on Monday then US yesterday. I'm buried in work at the moment so don't know whether it's being covered widely. Radio (msm) said that it might be about fears of the end of the rise of the tech giants. Whatever. Sounds like the kind of 'excuse' they make up about the housing market, too - taking a relatively small contributing factor and making it The Reason, instead of facing up to the fact that prices have long been disconnected from reality and need to come down. Stock markets have been insanely high and rising for ages, aren't we just looking at the inevitable? Crashy crashy crashola. Who cares? Edit: I don't mean 'who cares'! I think I mean something more like 'bring it on'.

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