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House Price Crash Forum

Hyperduck Quack Quack

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Everything posted by Hyperduck Quack Quack

  1. I agree, but they won't come down, not much anyway. My reasoning is that if house prices were going to crash, they'd have done so by now, 3 years on from the end of the boom, since which we've had the banking catastrophe and the world recession. This package looks to me like it's primarily designed to help the building industry, and helping home FTB's is just a politically useful by-product that can be used as window dressing.
  2. I still stick to my prediction there will be little overall change in house prices this year and after that, when prices start moving again, it will be upwards. This initiative would tend to support house prices rather than decrease them, though.
  3. We should be trying to reverse the trend towards 24/7 leisure and entertainment. It can't be doing us much good staying up to the early hours every night and then having to get up to go to work early the next day.
  4. You might get away with it a couple of times before the you get a dawn raid by the fraud squad
  5. Housing development is the most likely use for the old Cadbury factory. Keynsham is mid-way between Bristol and Bath, neither of which have been much affected by the property slow-down. The site is also near the station too. But most of us are more interested in value for money.
  6. ....Outside, now! The ASBO Toff of HPC has spoken!
  7. I agree. When there was a boom, the total value of everything was going up and so everyone who owned property or shares was tending to become better off. But now, the total value of everything is stagnant. If there's a limited amount of total value around, if the rich are getting richer that means everyone else must be getting poorer. The multi-£billion profits of the big banks over the last year have made everyone else (on average) several hundred pounds poorer, I reckon.
  8. For everyone who gets priced out of the bottom of the property ladder, there's a rich investor who finds they can add an extra property to their portfolio. That's why property prices won't crash in London or anywhere else in UK. Let's face it, after all the world economy's been through in the last 3 years, if property prices haven't crashed yet, they ain't going to.
  9. As long as the super-rich continue to increase their wealth, what else matters these days?
  10. Why shouldn't teachers be paid a decent wage and be able to afford reasonable cars? Are people suggesting that teaching should be a minimum wage job? If it was, nobody would do it.
  11. Unless the bailiffs turn up and break the owner's arm under the noses of police officers who do nothing to stop them.
  12. See my thread about NatWest offering 10.9% APR loans in junk mail: Why offer low interest rates when you can offer high ones?? http://www.housepricecrash.co.uk/forum/index.php?showtopic=161226
  13. Has anyone else recently received this 'invitation' or similar 'offers' from other banks?
  14. It's either raw greed or absolute desperation! Which?
  15. Wouldn't the reactor and its vicinity show up as hot even in normal circumstances, and after what's happened the wreckage would be hot all around the reactor whether it had ruptured or not?
  16. Just received some junk mail from NatWest - of which we are longstanding good customers. In the form of a party invitation: NatWest invites Mr Quack Quack to apply for a loan of £7,500 - £9,950 Representative 10.9%APR I don't even want a Jesus******ing loan from NatWest, even at 0%
  17. Fixed prices might yield a truer picture of the market. Potential buyers who are expecting to haggle will go elsewhere and the EA will find themselves even less busy. There is - I've even come across a backstreet second hand car dealer who used fixed prices. Any attempts to haggle with him led to an irritated and dismissive sarcastic response. He seemed to do OK nonethess, and he was a miserable old devil.
  18. I stick with my prediction made at the start of the year. A deterioration in the housing market - e.g. more sellers, less buyers, will only affect prices slightly, a few percent. Prices are likely to remain more or less flat throughout the year.
  19. Early in the Downturn / Brownturn or whatever, and also during the previous recession, the media often had stories of people who were bucking the trend and starting new businesses that appeared to be doing well. I haven't seen any such stories for months. Are there still people out there who are starting businesses that last more than a few weeks? David Cameron was talking about wanting to encourage entrepreneurs (horrible word) the other day. But it seems that the world of entrepreneurism is a bit like a pension scheme closed to new members now as small businesses fall by the wayside and big businesses keep all the good deals to themselves. The only way to become an entrepreneur now, it seems, is to be one already, within a big organisation with lots of financial backing. Openings in almost all areas of economic activity seem to have been blocked off.
  20. I was about to repudiate your remark, then I thought, well, you appear to be right on this occasion. Just this once!
  21. We're not all like that! I'm pro EU and in favour of Britain joining the euro at some stage. There are things wrong with the EU but those need to be fixed and we should be playing a full part in reform and stop trying to junk the whole idea of the EU.The worrying thing about UKIP is that while they do probably like the sound of their own voice, they are genuine in their desire to take the UK out of the EU, which would be a disaster. If we went down that road Scotland and Wales wouldn't allow themselves to be dragged out of the EU by the English, and so the UK would split up. The thought of an independent England, isolated and backward-looking, with checkpoints on the Welsh and Scottish borders, would be frightening.
  22. I don't think we can let that unsubstantiated off-the-cuff assertion go unchallenged. People throughout most of the Eurozone just see it as 'the currency' and use it. I remember decimalisation and the calls among some of the older generation to go back to pounds, shillings and pence. And also things like "If one new penny is really worth more than one old penny, how come it's a smaller coin?"
  23. Very true. Switzerland is sometimes described as a 'police state by consent of the people'. And it gets its wealth by looking after the ill-gotten gains of the super-rich. The Euro's not going to be dropped, it's one of the world's major currencies and it's doing OK at the moment. The abandonment of the Euro currency is 1000 times less likely than a 30% house price crash here in the next 6 months, which itself is highly unlikely.
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