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About shouldawouldacoulda

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    HPC Newbie
  1. Firstly why you are speaking for Bruce I do not know? I may be wrong but from what I recall bruce lives in a house worth over £300,000 and his landlords yield is around 3%. 3% is definitely below the norm, hence Bruce is paying lower than I normally would expect. I simply feel this skews his views somewhat.
  2. Bruce. Holding a view contrary to yourself does not make someone an EA. I have read your posts in the past and note you speak from what seems to me a most unusual position. Your level of rent is well below the norm. I wonder where you would stand with a more normal level of rent.
  3. I take it from your criticism of the above you have no job and no home and are therefore being payed benefits by the above. Or are you just ranting complete b&ll&cks.
  4. Remember your 3% in the savings account less the rental is also being eroded by inflation. A lot of it depends where you live. For me to rent my £140000 pounds worth of house in Portsmouth would cost around £850 per month. Also add to that I have 2 lodgers contributing(which would not be allowed if I rented). My benefit compared with renting is around 9% which taking off 3% savings rate is still 6%. Nicely combating inflation.
  5. I suspect it should read 24 days instead of hours.
  6. I'm also an economics novice, but I'd say that the rates simply reflect that the likelihood of defaults is a lot less than some of the doomsayers are predicting. No doubt someone will prove me wrong, like I say I'm also a newbie.
  7. I can't access the link as I am at work and access is restricted. However I'll assume the link is correct and apologise. I would imagine unless the 24hr thing is made clear and not hidden away it could be challenged?? I know insurers do their best not to pay out but this sounds a bit underhand to me as normally you get up to 30 days away from your property.
  8. I am sceptical of this Sarah Bell. Where did you find the info. Was it a reliable source??
  9. No Nationalist we don't need lots of this. Prices are already coming down in real terms in a slow and controlled manner. In a few years we will be at a sustainable level where prices will start to move up rather than down. Unfortunately for youngsters who are not on the housing ladder the needs of the many (even if they are feckless) outweigh the needs of the few.
  10. I think it has Bruce. Just that it's more of a slow puncture than a blow-out and will require a few more years to deflate properly.
  11. Correct, that's the way I have always understood it. I would imagine that the fact it has been up for a year and the contract expiring is a red herring as the estate agent will have been getting the contract renewed as required. If I was the lady in question I would be checking my agreement carefully as it could be the case that the estate agent is chancing it's hand as a sole agent rather than having sole selling rights.
  12. If you disregard inflation then most of the reports about an unchanged housing market would appear to be correct from where I'm standing. And the low interest rate policy will continue for a few years. Reason being the banks cannot yet afford a crash as it would show their balance sheets as being way out. Also this will allow current mortgage holders to bring down their LTV. Once this is done transaction levels will rise as a number of mortgage holders are currently 'trapped' in the homes they have bought. For potential buyers possibly its worth waiting a couple of years to see if the eur
  13. So. As a newbie. Have I missed the boat on gold or is the trend going to continue up. Off topic. Guitarman001. Are you the same that holds BIP shares and posts on III.
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