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House Price Crash Forum

honkydonkey

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About honkydonkey

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  1. I'd say it's more a form of insecurity, looking at a smartphone means you don't need to interact with the world around you, an adult pacifier of sorts.
  2. I was thinking about this yesterday. I living in a van on the Algarve, so get to see vans from all over Europe. Norway is the one country you barely ever see. Swedes seem to like it here, the odd FIN and DK, but barely ever a N.
  3. It clearly didn’t work. Brent council were renting houses off a landlord they had banned from renting!
  4. Yes it’s called renting. You borrow the house, pay for that borrowing, then buy it after the price has fallen. You’re also off the hook if prices go up, so win win 😂
  5. Between 1997 and 2016, UK property prices have grown by 11.65% per year on average.1 Sounds wonderful. I wonder what years 2016 to 2035 will average,
  6. That’ll be their entertainment and socilaising budget gone then. Now, let’s talk about having a family....
  7. The sums involved there are just mental. 36year mortgage @3.3% fixed for 2 years. They’d be screwed if anything happens to interest rates in the next 15 years
  8. Amazon getting tax breaks is much akin to the BTL crowd getting the same advantage. Result: decimation.
  9. Mexico’s 100 year bond trades at 5.5%. 2008 is still affecting bond prices across the globe. Nothing is normal.
  10. https://www.dailymail.co.uk/news/article-6457027/Young-people-three-times-likely-homeowners-30-parents-one.html
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