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Everything posted by Landagan

  1. A run on a nationalised bank? Unless they guarantee all deposits surely Spain is now 'officially' bankrupt. So Spain out before Greece. Or is this the print| print| moment?
  2. See it a hundred times. .. Family sell ex-council house to set's up life in the sun. Kids aged 8-10 uprooted and placed in local Spanish schools. Kids adapt eventually settle, speak the lingo. Parents working for an estate agent, or set up their own 'agency'. All work based on the property boom which gave them the money to emigrate in the first place. Then .. financial crash. but property prices kept inflated by banks unwilling to devalue property on their books, and only giving mortgages on bank owned repos. No finance for the independent seller/agent to get a sale. Parents can't find work, stuck in remote expat enclaves, they return home, unable to sell. Even at give-away prices. Kids uprooted again.
  3. Based on my experiences in Spain. By far the biggest obstacle you will find to learning the language will be the insistence of everyone you meet to speak English to you. I'm not sure why it's so hard to combat, but it really is. even down to family level in my experience. They are forced to learn our language to apply for jobs. They have all put many years into learning, and quite often you will be the only way they can display that effort, and make it all feel worthwhile. They have NO concern about your own need to learn their language. Prepare to feel ostracised along these lines. You will find yourself very popular when speaking English, and very unpopular when not. So unless you have SERIOUS time to study and study hard, do not assume that you will pick up anything by immersion.
  4. I was referring to Spain. There are 4 P/T assistants, covering 29 three year olds. There are always two assistants in attendance at any one time. Of the 29 children, some attend only mornings, others afternoons. So not sure what the actual or legal ratio is. We pay about £100/month for good quality full-time childcare. Childcare costs in the UK are out of control, but most mothers have to work. But accept that the majority of their salary is taken with childcare, so short term financial benefit is very little. But every little counts!
  5. The one we use is Privately owned. There are 15 children to one adult. Meals are extra. My son loves the place, and I couldn't speak highly enough of it.
  6. And yet, child carer always comes up in the lowest paid salary list. In Spain we get full-time child care, for €120 / Month, and the quality is exceptional.
  7. 'Modest decline', says the bank which now no longer exists as it's own entity, due to an economic collapse brought on by ridiculously over priced houses. To the doll queue with them.
  8. "Negative equity means that the size of your loan is larger than the value of your property, a nightmare which traps people in their homes." So this is a nightmare, but trapping young couples in shared equity boxes, paying way above their means - effectively castrating them, is ok.
  9. I spoke to a trusted agent in the SE London area only a week ago, and he was saying that last month was the worst month he has EVER experienced. After 25 years working this area! As far as agents go he's a decent bloke, but it was still a rare moment of openness. He said he works late most evening just to give him the edge over other agents, so if something gets sold he has normally got a hand in it. Prices seem dysfunctional, and way out of kilter with reality. So it's just ground to a halt.
  10. The BBC article seems to be getting in a twist on this one. The quality of their spin doctors is definitely diminishing. http://www.bbc.co.uk/news/business-12882548 House prices down in most regions, says Land Registry Average house prices in England and Wales saw an annual fall in February, the Land Registry has said, but prices in London and the East of England rose. The body said the average home in England and Wales fell in value by 1.7% in the year to February, to £162,215. But house prices in London were up 3.2% in the year, and in the East of England increased by 1%. -- Then later down in the article it clarifies; London had the biggest annual rise in prices, although properties in the capital did drop in value by 0.5% in February compared with the previous month.
  11. The pylon was my point, and there is now way the chimney hides that. It reached up into the clouds. + Angle's all wrong.
  12. Another nice Photoshop job here. Spot the difference. http://www.rightmove.co.uk/property-for-sale/property-16690860.html?premiumA=true Trade descriptions?
  13. In Spain, a relation of ours, has just closed down his estate agency business. His reason was; He would find a buyer for a property on his books, then the buyer would go to the bank for a mortgage. The banks are then saying, 'We won't give you a mortgage on that, but if you buy this repossession (from us), which is very similar etc.etc., we'll lend you the money to do it. He just can't operate.
  14. UK democracy at it's best. We've had a LAB/CON coalition for the last 20 years. So if the LIBS join LAB then that makes gives us a LIB/LAB/CON dictatorship. All hail King Brown.
  15. This is undoubtably good news, and puts prices lower than they were almost 4 years ago, and wipes out the last 6 months gains. Downwards from here folks.
  16. I was recalling this recent article, so it's picked up a bit since April, if transactions in July YOY is positive. He only wrote that 2 days ago, guess he was being selective. http://blogs.telegraph.co.uk/finance/edmun...-credit-crunch/ Summer is supposed to be boom time for the property market. But, according to Nick Hopkinson of Property Portfolio Rescue (PPR), the total number of transactions - at 36,233 in April 2009 - is 75pc lower than the average summer sales over the past decade, not to mention 42pc down since April 2008, at which point the property market was already struggling.
  17. After all this fanfare prices are still the same as they were over 4 years ago. What's to get excited about? Summer's over now, all the reluctant landlords will pile in trying to offload. Transactions levels are still down 40%+ from a year ago, and all the silly money's been spent. I agree that anyone who bought in the last few months is going to get a rude awakening come Autumn.
  18. This post reminded me of somethng I read online yesterday. Seems a bit made up, but worth a gawk. Recession keeeping me from obtaining divorce and separating Posted by blondemom I have always had the good fortune to consider myself upper middle class until recently. My husband and I shared a beautiful home, and had an impressive real estate portfolio of rental properties , kids had the best of things...in short we had a good life. Two years ago our marriage began to dissolve for many reasons whilst the economy was collapsing concurrently. My husband is a real estate agent and we have a small real estate company with rentals. He went from making upwards of $375K a year to less than $28K last year. We have had to lay off full time family employees , liquidate all savings annd retirement money, and sell as much as we could.......some things at a loss, yto try to pay our bills . Five months ago, after over a year of this we ran out of money. Our credit is completely trashed from always being exceptional, we are harassed constantly by bill collectors , plus we have an IRS bill we can not pay. All this while dissolving a 20 year marriage with has spiraled into a very bitter situation....losing everything I struggled to build all my adult life. With the exception of the past 6 years or so , I was a always the primary breadwinner with a six-figure salary and I can not believe what has happened in 6 short years to something "I" built primarily all my adult life...and I will soon be 50.....and I have small kids. Plus, I have no money for a divorce and he won't leave because he has no income!!! I hope things turn soon and we can sell some assets so I can move on . I do not know if I will evr own a home again. I blame his short sighted greed that I questioned many times for most of this...despite my protests he always professed to know what he was doing and that I was questioning his area of expertise. It is a somewhat abusive situation as well. Most days , I just want to get in my car and never return, change my identity ..or drive into a tree. http://www.angstcorner.com/ACSingleMessage...lt.aspx?fID=278
  19. Wish I had watched that ... I made the mistake of watching Breakfast TV on the Beeb this morning. All talk about Britains got talent, and the female reader says we must love this show because it cheers us up in these gloomy times ... Gloomy? You didn't tell me it's gloomy! I've watched this watery sh1te for the last hour and all I know is that the same MP's are just as corrupt as theey were yesterday, house prices are going up, beavers are returning to the wild, and the sun has got it's hat on. I think I'll phone in and complain about the unnecessary use of the word gloomy. We'll talk ourselves into armageddon.
  20. So the trend continues. Halifax up, Nationwide down .... Halifax down Nationwide up ... Hype the up, bury the down. People will always believe what they want to believe. The crash rolls on, it's unstoppable now, but all the real news stories that make this an obvious fact are being suppressed to the general public. Lambs to the slaughter.
  21. Isn't this the part where the agents start dropping dead like flies.
  22. In a years time you'll have trouble finding that many agents. Good luck with the sale.
  23. Seems like the government have effectively used HIPS to stem volume to the market. Suppose we ought to get used to this temporary stagnation, and be content to watch rental prices continue to fall instead. The damn will break soon.
  24. Another superb old-news Headline wind-up from the BBC. Just so you know exactly where to direct your two minutes of hate.
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