MartinE

People amazed rivers can flood and demand something be done. Same mass of people no doubt amazed interest only mortgage does not pay off house at end of term. Expectation state must act to protect them from themselves is staggering.

Sold again, Nov 13 for 337k - looks like it was converted/rennovated to a 3 bed. 40, Gillespie Crescent, Edinburgh, Mid EH10 4HX £337,000 Residential 12 Nov 2013 £277,000 Residential 24 Oct 2012 £345,000 Residential 31 Oct 2007 £249,500 Residential 24 Nov 2006 £327,500 Residential 04 Oct 2004 £266,000 Residential 03 Oct 2003 £301,950 Residential 28 Nov 2002 £180,000 Residential 18 Jul 2002 £210,000 Residential 11 Jul 2002 £205,000 Residential 31 May 2002 £149,550 Residential 09 Jan 2002

This went for 437k

This went for 138,200 - suggests competition and works out at 4274m2

Extruded plastic house*- now that would be progress. Patch the roof with a shopping bag and a hair dryer. Melt in extra windows in summer and block up in winter. *not recommended for sunny days.

When the boomers are gone GDP will collapse as their won't be average joes with 20k year to spend and all day every day to spend it. Instead there will be a 0.5% and the rest on zero-hour contracts. Go long personal air lines and short on staples.

Lots of mugs happy to "buy in to the opportunity" expecting negative yields - 'cos in the long term they expect capital appreciation to make up for it.

HUTH yesterday was good. Seemed to be a look back at rennovations that took longer than planned. One was a church the planners said could not be used for weddings. And despite paying 5k for a positive sonic assessment, the buyer was unable to use as a music studio either, in case of noise. Gutted wannabe developer having then to auction it. Only thing planning would allow was use as a creche. Second was an ex public loo, which over many years was eventually turned into an alleged eco home. EAs valuations gave a LOSS - omg Had to get another agent round to get a number 50k higher than previous two for a profit. To my mirth, justification for one more agent than normal was - "it is a unique property, really only worth what someone would be prepared to pay." As opposed to what lol

Might as well publish plans of an escalator to the moon. Will never happen. Think of the displaced newt population.

Compensation will probably start flowing from that repair scandal in 2014. A legal firm is reaching out to parties impacted to discuss. Expect non disclosure clauses in exchange for cheques. Meanwhile the tenements crumble.

My council just pissed away a billion pounds on a loss making tram scheme. Sooner they go bust and back to basics the better.

Takes the shine off the economic upturn news. Staff will need to polish up their CVs.

Not exactly game changing crowds. Influence on house prices more the associated ramping in the media.

http://m.scotsman.com/news/politics/top-stories/apology-demanded-over-lamont-s-snp-land-deal-claim-1-3089866 Developer given 840k, when plans fell through he bought the land back for 50k. Nice work if you can get it. She needs to raise her asking price.

Just the end of a workfare scheme. Another one will be along soon.

Got keep the debt ponzi rolling.

Not sure why this news - top floor owns loft space and ground floor basement. Always have. People in the middle bought knowing this, as these places are >100 years old. They are getting their right-of-access to the roof for chimney sweeping confused with ownership. Think about it, if they owned a share, all the original lead water tanks would be in the roof space and not their bathrooms. And their luggage/christmas tree would be up there. Just sour grapes on not getting a free ride on the roof repairs. Deeds suck for sure on the equal splits - but again, they did buy knowing this. If it was me, would use my right of access to stick a huge satellite dish in front of any views. Or get chimney working to smoke out roof terrace on sunny days.

Zopa these days has all the hallmarks of a Ponzi scheme - lots of online feedack your money is growing fast, but it is hard to actually get your alleged profits out. Pissed me off when they arbitarily put my money into their insurance scam and overnight it became "lent out" and inaccessible.

All shops have adopted the dfs marketing strategy. Assume 50% off is the normal price and value accordingly. If there is no sale on - you paid too much!

Wonder what the charges are - not photocopying passports at one of the specturm and laundering money via property/fraud at the other.

8 East Scotland Street Lane, EH3 6QD This is my favourite ever - £75k for a lock up in the guise of studio cum office. Love the commercial angle being taken - would change of use to residental ever be given?

19/5 Simpson Loan, Quartermile, Edinburgh, EH3 9BS This made me chuckle - offers over 210k for 40m^2 . Even more so knowing they paid 200k in 2010 before incentives. http://www.espc.com/properties/details.aspx?pid=329584&sid=26963880289

Pah, I set my thermostat to 5 just to keep ice off the ceiling. Showers are for wimps - I have a bucket on the window ledge that gets warmed by the sun. Next to that is a solar panel for charging my tablet. Need no more than that. When it gets cold , I do bench presses outside. Then I go out looking for homeless complaining about ice on the streets and let them know they have it EASY.

They found their greater fool. Jammy gits

Just reading - National Trust's idea of workfare - you pay £40k a year to be their apprentice. Last one probably died of exhaustion.