Sarah Beeny!
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Posts posted by Sarah Beeny!
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But my point is this. Everyone on this site has one thing in common. They all want to BUY and OWN a house.
Complete tosh. I own outright a half-mill plus house (EA view
) and half that again in other investments, i'm sure there are others here in a better position. However i see no benefit at all in endless ramping of the absurd speculative bubble that is the housing market. It is complete madness and will cause (and does) serious problems for the wider economy. This 'new economy' has caused serious issues for younger FTB's and families and will cause a bloodbath when it burst's as it surely will. The whole endless debt/spending/keeping up with the neighbours cannot go on for all our sakes. I have friends and relatives that will be destroyed when this one goes and it worries me. -
just take it on the chin like the rest of us. if you want to continue enjoying grossly unfair wealth and opportunity distribution, then you have to accept the social consequences of this. an occasional tyre slashing for your life of relative comfort is getting off quite lightly really.
be thankful that you are not a 'hoody chav' who will never have any savings to take 'Another Blow To'
This reply must be a wind-up?
No normal person could come out with such tosh, apart from a 'hoody chav' of course. Just shoot them.
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Maybe your friends belong to this group.
They do!!
I can't wait for the mega-mortgage to catch up so I can say 'I told you so'. They won't hate me because I have banged on about it endlessly for the last five years whilst they have mocked me. Still I can have a new BMW 530d estate off them for cash.
I hate cars but like to rub it in!
Duh.
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Who on earth is this 'Property Guru'? Have been away for a few weeks but he sounds like a total knob.
My anectdotal view of the impending collapse is shored up by all of the stuff here and friends in £750k houses talking about buying a scooter to get to work!! You could not make it up! They think a £1500 scooter will save them because they spend too much on petrol for the 4x4.
It makes me/us laugh that people in this position are now counting the pennies for the commute to work. No wonder that they look stressed about my formal renditions from this site. I blame you all (but agree).
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It sounds like you lot (me included
) are talking total b0ll0x!Gordon was chuckling away to himself when John Humprhies was saying 'the wheels are coming off' and 'it is all debt/house price/consumer based'.
Brown the clown was having none of it.
Do not go to the R4 playback unless you are sitting comfortably and feeling calm!
0822-0826 this mornig on radio 4, sorry can't do links very well.
Unbelievable.
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It will take decades - 50 years or more - before anybody succeeds in rolling back mass travel by air. And it won't be the green lobby but the price of oil.
Or,
Overcapacity in the industry, half empty planes flying around, 'consolidation' (read collapse), American carriers going bust by the day shored up by Chapter 11, most companies struggling with fuel/staff costs?
Please be under no illusion that some/most/all airlines are really going to be stuffed by oil prices. Taking the absolute MINIMUM required fuel uplift is becoming the norm! Gone are the days of a few extra tons for the 'wife & kids'!! P45 talk.
Be under no illusion most crews are now counting reserves in fractions!!! A while back it was half-an-hour plus thinking time alone, not now.
Airbus make some seriously VERY nice machines but they won't save the planet, sorry.
Airbus will not save the UK economy from overpriced houses, shopping and BMW's. Sorry but we are fooked.
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For the sake of balance - thought I'd post this.
http://www.opinion.telegraph.co.uk/news/ma...xportaltop.html
All you get on here are stories of doom and gloom, well here's one story that say nearly 11,000 jobs are being created. Probably quite well paid jobs as well.
Don't suppose you mentalist bears want to register this fact, but it ain't all doom and gloom out there.
Oh and by the way the oil price is falling back, currently around $62 a barrel - that should ease the pressure on inflation.
Don't build your hopes up too much. High oil prices and the green lobby will see off mass travel by aeroplane. It will go back to the privileged few and not the great unwashed! A new outfit is starting at STN with a B767 with about ten seats (well maybe more, you know what i mean) all paying top dollar. I've got a feeling they might be ahead of the game?
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The other downside is that Bulgaria hasn't got the life enriching multicultral diversity that London has to offer.
So it will be the lessor for it then.
NOT!
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If (when) the economy tanks and people are really struggling to cope I'm sure they would be pleased to see Dog's regular postings! Only when the masses wake up will these overpaid non-jobs disappear.
I'm so tempted to copy these articles and pin them up around the streets.
:angry:
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MarkG,
If life under the Tories was so great, why do you think that the British people have so convincingly rebuffed them over the last three elections. Because they have short memories, perhaps? Or they are ungrateful or are just stupid, I suppose.
People remember:
1. House price crashes (On topic!) You'll remember how great that was, I'm sure!
2. Interest rates at twice present rates for most of the time and, for a short period, three times the current rates. Remember the joy of that!
3. Mass unemployment - deliberately created by Tories to put the lower orders in their place. You must be proud of being a supporter of a party that broke even the obscene unemployment levels of 1930's depression.
4. Highest level of days lost through strikes. I bet you didn't remember that.
5. Bankruptcies for both individuals and businesses at record levels. Great days for families being thrown out of their homes and placed in cheap B&B's.
6. Wildly swinging the handbag at fellow Europeans for photo opportunities yet signing away more powers to the EU than any other British Prime Minister. We don't hear much about that these days, do we?
I could go on. The electorate's attitude to the Tories is not based on myths but on real, harsh, memories that will stay with them. You stay proud of Thatcherism, if you like, but you'll be in a minority.
I can't help thinking we are soon to see a near repeat of this thanks to the people you so obviously admire.
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Private, non-overlooked and very large plots.
The front garden alone is far bigger than our last entire house/garden.
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I wouldn't put it all in the same pot.
10-20% in gold, 30K in Premium Bonds. Use up the ISA allowance.
I'd downsize so that when the housing market pops, dont take a hit
on 500K, but on less. Might even invest in China. Put rest in high interest
savings. 5.4% likely to be higher if IR's go up.
Done the £30k PB, ISA and the high int savings. How do I invest in China?!?!
I know it's where it's all at but do you trust funds?
Cheers.
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What I would do with £200k:
£20k to £50k in gold bullion (either Britannias/Sovereigns, if you can store them safely, or goldmoney or another allocated account with a respectable bullion dealer)
Up to £10k gold/resource shares (Merryl Lynch Gold&General is a decent gold fund)
The rest split equally in CHF, GPB and EUR, in at least three different unrelated banks at least one of which offshore. Channel Islands are OK, Switzerland is best.
Good Luck
PM on the way, cheers.
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400K @ 5% = 20K, less basic tax = 16K = 1330 a month, whoops..
Spot on. Sorry Dicky missed you off my list of those in the know/ahead.
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i'd like to say what i think of you... but i would be banned again.
anyhow, i agree with the others, you are so obviously bull*****ing.
How precisely do you intend to prove your statement of my current financial situation?
You comment that I am 'so obviously bullshitting'. Your facts are?
I follow Dr Bubb, cgnao, MarkG, chuz, Red baron, Only me and a few others with fervour, you I do not sadly.
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What I would do with £200k:
£20k to £50k in gold bullion (either Britannias/Sovereigns, if you can store them safely, or goldmoney or another allocated account with a respectable bullion dealer)
Up to £10k gold/resource shares (Merryl Lynch Gold&General is a decent gold fund)
The rest split equally in CHF, GPB and EUR, in at least three different unrelated banks at least one of which offshore. Channel Islands are OK, Switzerland is best.
Good Luck
Thanks for the info cgnao, I will follow it up.
For the rest of you that have flamed me I find this site an enormous source of educational information. I am seriously worried about my financial position.
You can accuse me of being a troll if you like but it matters not to me. I am probably older than most of you and have built up a pile that might offend you, so what? I have worked for it (43).
Believe me you would NOT 'worry about it' when you start to think that the government will steal it from you by hook or by crook.
Thanks to all with the positive info.
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Keep talking!
Your point is?
Bloody 'Public sector' non-jobs, contribute nothing and take, take, take.
Before you start WE ALL exclude nurses etc...
Soon there will be £250k a year council 'CEO' (!) in charge of regiments of non-job jobsworths. You and I will be paying for it.
Never mind, Gordon has f..ked it majorly big time so it will soon be over thankfully.
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Thought I had a good grip of things but am now starting to worry badly. Can't wait for a housing crash despite owning outright a £500k (?) house/land. I am and have been stashing £3-4k a month for years in savings, ie the bank - doh! I know it's stupid but I don't know what to do next with £200k in cash.
I am as big a bear as anyone here and think Gordenron has f**ked it badly and am now worrying big time that he will steal my money. I have learnt LOADS from this site from you all but need some top-tips! I can't donate to you FTB's - sorry, been there 15 yrs ago and got burnt, badly!
Not too risk adverse (apart from endowment mortgage and got a house in 1989, bad move!), now wiser and not so stupid.
A plea to Dr Bubb and Cgnao. Should I go for shares or gold?
So confused I might get a boat!! Secondhand of course - no VAT!!
I don't trust stockbrokers. I think about 10kg or so of bullion, good move or what?
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Peak oil, petrol rationing, no more boom and bust, petrol blockades, house prices never fall, they won't let it happen, spring bounce, new labour and non-productive/non-jobs, £160k a year council 'leaders', public sector final salary pensions, outreach diversity transgender awareness advisor - £40k + car (BMW!), Gordenron Brown, Tony ******* Blair, two jags Prescott (blames global warming for Katrina!!!), et al.
This whole heap of shite will go bust soon and we will blame it on weak, navel gazing woolly hand wringing left/liberal tossers that have spent/sprayed/squandered our wealth on what?
Gordon Brown and Tony Blair should be shot. They have presided over the destruction of the UK and are guilty of WAR on a grand scale.
My post is the result of looking at Blairs holiday snaps smiling and grinning in the sun on a boat and Iraqi's with their legs/arms blown off.
Bring on the crash/downfall/revoloution.
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Judging by the number of V8 4x4's around here and 3.0ltr + BMW's used for the most menial journey of 1/4 - 1/2 mile I conclude petrol is as cheap as chips. If you factor in the trend of cr*p driving these days involving ZERO acceleration sense I rest my case!!
£2.50/ltr should sort it all out! Bring it on.
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I would not give them a single penny. Second/third generation scroungers deserve nothing. The Liberal/Left 'Inteligentsia' have destroyed this nation and will continue to do so.
As for the dickhead earlier that objected to funding the Armed Forces-who will you turn to to save your fat ar*e when your in the shite? Yes, some 18/19 yr old soldier paying taxes. You dozy tw*t.
When I read threads like this I think about voting for the BNP, mainly to annoy the lefties and also because it may be our only hope left?
:angry:
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Does ANYONE on this site actually have an opinion which isn't linked to their own selfish interests? ie: Is there anyone here who actually thinks, as a matter of DESIRABILITY for the good of all, that house prices are just too much PER SE, not just because they themselves want to buy at the bottom and make a quick buck just like the Bulls they slag off.
I ask this because I am beginning to believe that everyone has their own personal vested interest and we are all playing the same game, except we happen to be at different points on the circle.
I will declare my vested interest: I have no need of, or desire to, own a flashy home. I work for a living and every penny I have is made by me, and have received not one penny profit from property, investments, inheritance or favours. I am reasonably secure but I do not have an "ideal" place to live. However I consider that I am extremely wealthy compared with 99% of the world's population.
I think property is over-vauled by a factor of two. The world would be a better place if property was a incidental part of life, not a reason for living.
DOES ANYONE here actually want prices to drop through reasons APART from their own?
VP
Yes. My place is worth (ha,ha) over half-a-mill and I have no mortgage, I have six figure savings starting with a 2 yet I would love to see the whole thing collapse and get back to basics. Warm beer, cricket on the green and NO F...ING cars everywhere, no chavs, no crime, no losers, NO HPI, no debt etc.. In fact in my ideal world I would be a Spitfire Pilot 60 years ago, when men were men and I wasn't!!
Sorry girly binge drinking talk.
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Good point. This was in the paper today and after all of the waffle I came to the conclusion he is staying undercover because he is a f..kwit. I would love to work down to his level of incompotence and be able to keep my job.
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Thanks for the replies, I was referring to purely agricultural use and not for building on.
I've seen enough 'building plots' recently that reduce me to tears (of laughter!).
Tax Abuser Of The Week
in House prices and the economy
Posted
The thought of someone at the age of eighteen going through the horrors of combat/war to then retire having just got on with life without moaning or sponging off the state but to then see said state splashing out obscene sums of money to what are essentialy parasites who have probably never had a real job makes me want to cry.
The old war veterans must feel mightily pissed off with the state of Blairs Britain more than any HPC'r could ever be? Was it worth it? Obviously not, they survived, just pause and think about those that did not, just try and imagine yourself in a trench with 'incoming'. We are all lightweights and could never survive those conditions.
For what?
It makes me sick. £120 000 a year for doing the square root of f**k all. The Blair/Brown pact from day one set out to create a permanent Labour voting base. I for one cannot wait to see this whole thing unravel in spectacular fashion and get back to normal (house prices, 'rates', dole payments, civil service wages, public sector pensions, crime, disorder....... ******, time to emigrate.
Have you seen that ad in the papers of Blair and something like:
'It's all very well dodging questions from the opposition about Iraq. Try dodging the opposition IN Iraq'.
Real bullets, shrapnel, bombs. Blair and his cronies should go down (permanently?). I get madder every day.