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House Price Crash Forum

raddy

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About raddy

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  1. I actually know a guy, from the Ukraine, who lectures in IT at a northern University. The job he got I never saw advertised (perhaps I didn't look hard enough, despite regularly scouring the university job board). heigh ho! Anyjow, when we were talking to him he said he got the quite high paying job (for up North at least) because the British were too lazy to take it. Aghast at his barefaced gall to say this to a citizen of the country he has effectively immigrated to I could have punched his lights out! He's now doing rather well - although he says he can't teach his daughter anything for
  2. I was thinking about this the other day and came to the exact same conclusion. Cue bono? With a massively increased house price bubble funded byu the ever generous taxpayer, the financial sector will at last safely "mark-to-market" their once below mortgage value properties and thereby be freed to continue business as - pre 2007 - usual. And, as usual, the proles will be left with the bill It seems increasingly as if government is just a scam to fleece taxpayers for the benefit of mega private corporations
  3. worked in england - I was just trying to point out the difference in approach between the EU countries. Language appears to be a small barrier in the UK, whereas alesewhere...you know. Just sayin'
  4. I looked for work a few years back in Germany, but without being able to speak German I wasn't given a look-in I'm afraid
  5. cashinmatress Well, we wouldn't have until a very dear family friend went into hospital only to be collected by the family a short while later suffering from malnutrition and severe dehydration. You're right - whod' a'thunk it in GB 2012?
  6. ISA up 15% since august 2011 - Invest in large cap companies that can pass on cost increases or have exposure to the East markets Re-invest the dividends Set up and monitor stop-losses
  7. Sorry - the link is not too good Steven Pearlstein washington Post 29.9.12: I am a corporate chief executive. I am a business owner. I am a private-equity fund manager. I am the misunderstood superhero of American capitalism, single-handedly creating wealth and prosperity despite all the obstacles put in my way by employees, government and the media. I am a job creator and I am entitled. I am entitled to complain about the economy even when my stock price, my portfolio and my profits are at record levels. I am entitled to a healthy and well-educated workforce, a modern and efficient
  8. washington Post - "I Am A Job Creator" [I Am A Job creator/url]
  9. Annual change is + 0.9%. with inflation at 3%, this makes a price FALL of about 2% in real terms
  10. There are some nicer solid houses locally for cheaper
  11. Well, if it is anything like us up here in Formby we have fields 2 feet under water that the council are determined to put new affordable (300k+ ) houses on. greenbelt - more like moats ! Must be fish in them thar flooded fields - sure smells fishy. Gawd help the poor s*ds who buy them - oh, no, er, wait up - the taxpayers'll fund that
  12. A friend was desperate to move home. Well, a few days before exchange on his "new" house,and just before going away on holiday it came to light that their existing mortgage could not only not be increased but it was non-transferable. This meant that said friend would have to reapply for a mortgage to afford the the new property which, on his salary, is way beyond him. So, 2 sales (his purchasers and his purchase) fell through Anyhow, what came to light is that said friend has had a mortgage in place for a few years now, heavily sold to him by his existing lender, on which he pays neither c
  13. Zerohedge has some interesting comments, including one suggesting Diamond was going to "soill the beans" on BoE collusion? Also this interesting titbit LIBOR link to size of bailouts
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