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House Price Crash Forum


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Posts posted by Simples

  1. A spring stampede in the London property market has brought back “boom time” gazumping, sealed bids and non-returnable deposits.

    Sellers are starting to get panicky because they are concerned we are at the start of a sustained rally and they might miss out. There is a herd mentality among buyers: people are thinking we're going to miss the boat.' ”

    Buyers are being tempted back to the market by lower prices, cheap mortgage rates and some relaxation in lending terms by high street banks and building societies.

    Spring bounce has become a stampede! Nights are longer, shorts out, never mind this annoying nuisance of a global depression, house prices back to 2007 levels by July. B)


  2. Denial

    On a recent trip to USA, I discussed house prices with a local. I said that in UK people were still in denial phase and were hanging on expecting prices to return "to normal". I asked if USA people were in the same phase. No, came the answer, they're resigned to the fact that prices have collapsed and things arent getting better. We're what? 12 months behind US, with a bigger bubble than they had.

  3. This scam has got to go against the underlying principles of government. Give every last one of the boot, without integrity there can be no trust.


    In addition, all the money that cannot be considered 'necessary to do the job' by some independent body should be back-calculated and they should be forced to pay it back. (Of course I'm convinced that nothing of the kind will happen)

    Fully agree with all the comments on VI. Greed and champagne egging on the bubble, doing nothing whatsoever about it, directly contributing to unnecessary misery for many, past, present and future :angry:


    Members whose vessels are transiting through, or anchoring in, the territorial waters of Singapore, including the Eastern and Western outer port limit (OPL) anchorages of Singapore, are urged to be especially careful in the avoidance of collisions with other ships.

    The Club’s very recent experience of certain, happily only small, collision claims, together with more general comment obtained from other sources, point to an increased risk of collisions in this area where there has been a large accumulation of vessels lying at anchor.

    It would appear that the most recent spate of collisions has occurred at the Eastern OPL anchorage, where a number of ships maneuvering within the area have collided with vessels already at anchor.

    Evidence suggests that the collisions have for the most part occurred due to the maneuvering vessel’s failure to correctly estimate the strength and direction of the local tidal currents. In addition, in the case of unexpected weather changes involving thunderstorms etc., there have also been contacts between vessels already lying at anchor.

    Experts familiar with these circumstances suggest that caution should be used in selecting a suitable location to anchor, with due regard to the proximity of other anchored vessels, the strength and direction of prevailing tidal currents and the speed and direction of the wind at the time maneuvering takes place.

    While a vessel is at anchor, it is advised that a full anchor watch should be maintained at all times, with the vessel’s engines being kept in an appropriate state of readiness. It is also suggested that bridge watch keeper(s) should not be distracted from their duties by other work at that time.

    The congestion at Singapore has become a matter of considerable anecdotal comment – not least for those flying into Changi Airport on certain approaches who are best able to see with their own eyes the multitude of vessels anchored in the areas in question!

    Thanks are due to Messrs. London Offshore Consultants for their assistance in compiling the general observations contained herein.


  5. View from Pan Pac? - Ah, from the air.

    My mistake. I just recognised the view from my recent trip

    (Edited because I didn't read the whole bit)

    What i saw was from the plane, but my pics are on an old-skool film camera, so havent seen em yet :rolleyes:. Someone else took the photo that I posted, from a building (it seems like), but i cropped it because it was too big to upload. So your view recollection was probably right.

  6. "Flats/Houses in new developments are often snapped up by property companies for buy-to-let purposes before a brick has even been laid. If Landlords and 2nd home owners were to be taxed more heavily then this would discourage multi-home ownership and give first-time buyers the opportunity of getting on the ladder.

    Russell, Bristol "

    Interesting that this would have been a socially beneficial tax, but ZaNuLabour clearly had other objectives in mind.

  7. Agree it's meant to be more of a crowd pleaser for the masses than make any meaningful difference.

    At least Cameron is trying to kick-off a bit - comparing Brown & Darling to the man knocking at door checking gas meter while the other one robs you! I guess it brings the message back to the point that we're all getting truncheoned, certainly not just the 150k+ crew.

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