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House Price Crash Forum

headrow

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Everything posted by headrow

  1. And its still lower than it was when the market bottomed last march. You could have invested in platinum , copper , iron and made an absolute fortune. You could have invested in coal and lost over 25%.
  2. BP gave me over 1k yesterday, That should keep my bike chain oiled for the next quarter.
  3. I've been working on the docks the last couple of months and the weather has had a huge effect on us.
  4. Ever thought of emptying it outside in that fresh air stuff?
  5. There is no shortage of houses to rent in Goole. It has seen a huge influx from eastern europe and has 3 streets of houses that nobody has lived in for 5 years. Tesco have picked Goole because it can pay minimum wage and it sits 1/2 mile from the m62 . In thirty minutes you could be in Hull , Leeds , Sheffield or York.
  6. Same here in East Yorkshire. Loads of reductions in the local paper this week , some with a good 10% reduction. Lots of property available to rent too , thus removing the chance of other people renting their house out instead of selling it. I'd say the 4 bed detacheds are dropping by 1k a month.
  7. Not surprised really. Think the mainstay of their economy is timber. I don't see many building projedcts starting up at the moment. In fact i can't remember the last time i saw a timber ship from Sweden in the docks , 3 years ago the yards were full and extra sheds were put up , they all sit empty at the moment.
  8. Why can't i trade my Prudential shares? I've got 5000 which i bought at 257 . I'd rather not fund their take-over , how long will the shares be suspended and will they tank as soon as the market is opened for them again?
  9. Even more for the people who bought when they were nearer 400p. I'm a long way from what could be called a financial genius but i can spot an oversold share a mile off.
  10. If it was me i'd sell up and buy a mansion in Yorkshire with 20 acres and a small flat in London.
  11. Why would it though? Half the houses in the country have no mortgage on them , some will have very little outstanding. The only people it would bring down are those who bought in the past 5 years or those who released all the equity in their house and spunked it away, We haved done enough for these people already by keeping rates low last year and all of this , they got a get out of jail free card , lets hope they used it and paid down their debt. As for the savers , they must be very thick if they havn't managed to find somewhere the past year where they can get over 5%.
  12. My mates work on the docks , on the power stations , warehouses ,factories , HGV etc and i'd say most take home about 1500 a month , so i'd say yes.
  13. 20k i reckon. A two up two down terrace is about 55k.
  14. http://www.peterwardhomes.co.uk/captains-close-goole.php
  15. What happens to the 70k they've stolen? Is it just wrote off?
  16. How exactly have you been priced out when you own a home outright?
  17. Why not use the profit from the other 85% to cover it then? I'm guessing all the others are just breaking even. Without the interest rate reduction from B&B they were finished. Goal Posts moved yet again. I really feel for the first time buyers in this country.
  18. I like the look of Telecoms Plus (TEP) in the FTSE Small Cap. Trading currently at 280p with a projected dividend of 22p. Cash rich company too.
  19. Its happened loads of times throughout the past three decades. Middlesboro Hull Wolves Charlton Sheff United Doncaster Scunthorpe Chelsea Man City Newcastle Birmingham City There is always somebody out there who thinks they can turn a failing club round
  20. I've put all of our savings in a 5 yr bond at Barclays. I wasn't bothered about having more than the guarantee limit , when was the last time a UK customer lost their money when a bank went bust. The Government have shown all through this credit crunch that deposits will be honoured in full , the country is finished the first time they don't.
  21. If somebody left me a load of euros i'd buy a flat in Ibiza Town tomorrow.
  22. Where am i on the ladder? I still live in the very first and only house i bought 18 years ago. Am i still on the bottom rung or has HPI took me up a few steps?
  23. 'About 46 per cent now wholly own their properties without a mortgage' Is that figure right? So that means that 46% of the housing stock in Britain will never force downward pressure on house prices? I can see clearly now why prices are so stubborn.
  24. Housing bear. Yes. Stock Market bull though , i reckon 6000 ftse in may and then i'm out.
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