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House Price Crash Forum

Badhairday

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About Badhairday

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  1. Are there 15+ year fixed rate mortgages in the UK. These are pretty much the norm in Germany.
  2. Hyperinflation will hammer savers.... the over indebted feckless (especially if they are on fixed interest rates) will be the ones to benefit the most.
  3. Sorry for the delay in getting back to you, but I don't check HPC that regularly. Anyway, thank you so much for taking the time to post this. Interesting times ahead that's for sure. It's good to know it's not always doom and gloom and a complete disaster. Hopefully, IF we were to get hyperinflation, it will just bring society closer and help us unite against the common enemy - TPTB.
  4. I'm not sure the UK is doing much better.... eg cause a 'nuisance' you could be jailed for 10 years...
  5. Spain drafts a new bill allowing government requisition of private assets ... could that happen here? https://english.elpais.com/spain/2021-07-06/spain-drafts-bill-allowing-state-to-mobilize-all-adults-in-times-of-crisis.html I was also hearing about during Romanian hyperinflation, people living in big houses were forced to take in another family....
  6. Wow.... maybe you could make a post about your experiences? what country this was? I want to know if it was a rural sort of environment, or if it was a city. One thing I learned from the podcast is, that you can have gold or other investments, but you will burn through them just trying to get hold of basics. He was suggesting that the best thing to do is to ensure you can grow your own food etc, as that is more useful that gold/investments at that point...
  7. This. There are too many variables, and this crisis is unlike any other the world has faced. All we know is that modern Govt's love to print money and keep interest rates low. I was listening to a podcast of someone who experienced hyperinflation in Romania. His uncle who had enough cash to buy 3 houses, ended up buying a black and white TV instead.
  8. I agree. I think we have reached peak population in the west, and now a steady decline should ensure everyone has a home in their old age, at least.
  9. Agreed. I have killed creatures, such as dodgy looking spiders or mosquitoes, those pose a threat to myself or my loved ones. I was not particularly saddened by my actions, but it also did not give me pleasure...
  10. I'm not being snarky, genuinely curious.... what makes hunting enjoyable? I mean, I am imagining an animal writhing in pain from a wound inflicted by you, looking around for help, and you .....gaining pleasure from that scene.
  11. If this is your effort to show off how smart you are....😂 I think I should bow out of discussing this with you any further. I don't have the time to waste on pointless discussions ...
  12. each to his own...I prefer not to be too diversified. Right now, I'm mostly into commodities. Not a huge fan of American stocks or tech.... It's hard enough comparing 2 portfolio's of stocks.. let alone, then trying to guess how they would compare with property. I find your argument to be absurd, imho.
  13. I presume that the OP's question of what the crash would mean in % terms or £s terms has to be taken in the context of having everything in cash - Otherwise it would be confusing as hell - are we comparing house prices to commodities? gold? bitcoin? bonds? stocks etc. Your statement has been proven broadly true since 1995....
  14. meh... Investments can go up as well as down, and it's also not everyone's cup of tea, nor does it HAVE To be. If you calculate how much time you have to spend reading various publications/sites/videos etc to stay on top of things, unless you have a lot of money to invest, it probably isn't worth the effort.
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