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Blunkmore

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  1. I haven't bothered to read that, but I think you should consider getting a hobby. Bye
  2. The thread was never about my opinions. The OP submitted an exchange he had with an estate agent for comment by te forum. I commented on it. My only real 'on topic' opinion is that estate agents are a symptom of a broken system, not the cause, and that baiting them like that is a waste of time and energy. Any opinion from then on was intentionally bland/conciliatory and intended to defend myself against accusations of being an estate agent myself. I am actually a thinking person and very capable of unsight. It has served me well over my life, informing the judgements that have left me able to retire very comfortably, anywhere in the world, at the age of 35. If you don't think a history of well judged and well timed 'real world' property decisions qualifies me to have an opinion I'd be interested to know what would.
  3. Sorry, won't edit on a phone... Anyway, I think this has been done to death. Aggression, to me is not about writing assertively or challenging somebody's views. This is a forum. That's what it's for - debate, interesting reading. Aggression is more to do with the posturing, condescending name-calling, the questioning of another's intelligence, accusations of vacuousness, picking apart spelling/grammar/definitions (made by people you disagree with but not by those you agree with), etc. I haven't done any of that. Have a good day. It's sunny here.
  4. My first post was supposed to be humorous. Some people found it so. Some people didn't. Humour is subjective. Nothing wrong with the word semiotic. I'm using it to mean what it means (you might be able to detect some irony there?) The Capital c was intentional. See I did it again. My writing style is obviously not particularly compatible with your way of processing information. You do seem to have missed that my various definitions of commodity are my take on the various understandings of that word's meaning by various people. I am perfectly capable of grappling with the idea that different people in different situations take words to mean different things. Linguist
  5. Whoa!! I was not the aggressor in that exchange and I didn't resort to calling people tw4ts. I am not an estate agent. I don't think most estate agents are well behaved. I wouldn't buy a house at the moment. I would welcome a substantial fall in house prices. However, that estate agent was no more wrong than the OP. I was far from the first person to point that out. It's not worth getting into a semiotic tiff about the difference between commoditization and commodification or Marxist commodity theory. To most people a commodity is something that is traded for profit. Houses have become that. It's not a good thing. To be clear, I firmly believe that the commodification of housing is a very bad thing. What property I own, I own mainly because I am terrified that my unborn children and their children will never be able to afford anything - particularly in London, where I come from and where I would like them to be able to live and work if they so choose. Clearly, that type of acquisitive behaviour, driven by fear, is unhelpful - possibly hypocritical. But, the fear is rational and the danger is real. I also have low borrowings of about 20% LTV and other investments. If there was a referendum tomorrow on whether the whole BTL system should be unwound (slowly) and houses limited to one per person, I would vote yes. I would also vote yes to limits on offshore ownership, banning overseas marketing, loosening green belts, building taller, etc. Another metaphor, as you clearly appreciate my writing style... I don't really ever go to Starbucks because the fact that they sell green tea in 3 different sizes (and prices) makes me too angry. They have never yet given me the 'small green tea in a large cup with extra hot water' that I ask for. Sometimes I have a moan at the staff - it's hard to resist. However, when I do, I'm aware that I'm being a bit of a dick. As blankly as they look at me, and as annoying as that is, the pricing is not their fault. I realise that the economic system we live in demands that if people will pay it, it has more 'value' . That's an inevitable part of western Capitalism folks. The fact that the availability of credit (liar loans, HTB, high LTV loans) is such an important factor in driving housing demand does not change the effect (that of 'value' being determined by what somebody will pay). Perhaps, soon, people will not be able to borrow so much and prices will fall. But, this will not mean that more borrowers (particularly young ones) will be able to buy houses - that ratio is never going to move in their favour unless the whole system is changed. Estate Agents (and their behaviour) and outrageous house prices are symptoms of a flawed system. Recognising the flaw in the system and working with it is what I, perhaps glibly, refer to as 'acceptance of the real world'. Anyway I look forward to future lively exchanges.
  6. Righto. I'm condescending?! I didn't start a thread called 'educating... (Somebody else), the only purpose of which was to gather admiration for being condescending to an estate agent. That's pretty condescending - but not quite as condescending as bragging about being rich and calling people 'little tw4ts'. Have a nice time shopping at Fortnum and Mason with all the other people who've managed to preserve their wealth by not buying property - particularly those ruinous £200k terraces in Eastleigh. I'll be busy running my business, providing jobs, paying tax (about £300k this year if you must know) and trying to improve things from a position of acceptance of the real world.
  7. 1. I said 'by most definitions'. I accept that a very literal and narrow economics based definition of commodity wouldn't include houses, but that is not what he means and not what I meant and you know it. Commodities also exist in other ways - services for example. When people talk of 'commodification' they are not talking about fungibility, they are talking about something aqcuiring the quality of and becoming treated as a tradable investment. It's sad that that has happened to housing but it most certainly has. You said to him something to the effect that a house can't be a commodity because it is a necessity. All I said was that being a necessity doesn't stop something being a 'commodity' (in common parlance) ie. traded as a store of financial value. I gave the examples of fuel, water, etc. 2. I didn't say cars were a commodity. You are consistently inaccurate in making references like this. 3. That wasn't the loony bit. It was demanding that he justify his asking price in terms of wages. Do you ask that at Tesco?
  8. Many are dreadful people, but I would say they are a symptom rather than the cause.
  9. I can't see how I'm off on a tangent. Much of the discussion on this thread concerns who has won the 'argument'. That is exactly what I am addressing and I'm not sure what else you expected to be discussed when you posted your emails. Were you exclusively looking for pats on the back? Read his first response - perfectly reasoned and professional. Read your second email - the rantings of a loony. Since then, you've been claiming that he is simply wrong. Well, I hate to break it to you but by most definitions houses ARE a commodity. And so are many of life's necessities - fuel, food, water, clean air (carbon credits). I'm not saying that's how it should be but its difficult to see how pure capitalism can lead anywhere else. I also hate to break the news that the price IS set by supply and demand. That the demand is largely created by the manipulation of the credit market is not the point - it is still demand. Very little demand for anything is unconnected from the supply of credit - cars, home improvements, holidays, TVs, high street retail. There will, very likely, be a substantial drop in house prices in the next few years. But, the general trend (particularly if judged by affordability) will still be up in the long term and all those graphs showing young people less and less able to buy homes will continue on trend. We are heading for a more feudal society with less real social mobility, more zero hours contracts, higher executive pay, etc and there's little to be done about it unless the whole system is changed. Would the country be better and fairer with lower house prices? Yes Would it be better if the number of properties owned/controlled by each person were limited? Probably State built houses and mortgages? Probably Limits on overseas ownership? Probably Would massively overhauling the planning rules help? Maybe Is it fair to happy slap the guy in the Wild Bean Cafe because unleaded has gone up, film it on your phone and laugh about it with your mates in the car park? No, not really - and the poor bloke probably lives in somebody's garden shed because rents are so high. How about that for a tangent?
  10. It's a metaphor. Personally I think people who rant at shelf stackers about the price of beans are lacking in decency too. If you want to vent your spleen at somebody about the availability of credit, liar loans, HTB, our culture of ownership, etc I suggest you target King, Carney, Cameron, Osborne, Brown, Thatcher - even Fred the Shred or Bob Diamond et al. If you want to have a go at somebody about the 'system' of estate agency in this country, you need to write to your MP or the ombudsman or get on social media (other than this site), etc. I can't see how how having a pop at a bloke who is trying to run a business serving his clients (the vendor) is anything other than undignified - particularly when your aim seems, at least in part, to have been to then show off about it on a website. He may be 'wrong' in some ways - subjectively or even objectively. That's not the point. He's an estate agent not Ben Bernanke.
  11. What's happened there is that in trying to be a hero to your mates, you've picked on the kid with the limp and the bifocals. Sadly you've discovered that not only is he a decent guy - he's also an expert in self defence. Now you're lying on the ground with a bloody nose. Some of your weaker mates are with you saying supportive things like 'you'll get him next time champ', but most of them are admiring him as he walks away unscathed, meets his fit girlfriend on the corner and carries on as if nothing has happened.
  12. Surely this can't mean that a 'normal' UK based, UK owned property investment/development limited company pays this? I could understand it for companies owned/controlled from offshore or non UK nationals/taxpayers. Can anyone offer any clarity on this?
  13. Crickey. Politically motivated (independence) AND nearly two years old.
  14. Have you had a good look at the (at least) 4 refused schemes for single dwellings since 2007, at least 2 of which have been tested on appeal? Have you any reason to believe that you might be a better judge of the prospects for this plot than the thousands of professional developers and investors who look at that sale? Could you get something built cheaper than those professional developers (ie. by doing it yourself)? Do you know about factoring in costs such as the Community Infrastructure Levy which would be payable upon the granting of any separate residential consent? Etc, etc, etc... The ancillary issue is a red herring. The planners (and two appeal inspectors) have clearly decided (and established through those appeals) that they do not want that gap to be filled with a house and that to do so would unacceptably interrupt the rhythm of the repeating pairs of semis. A road like this with established gaps is very different to a more densely occupied (terraced) or varied road and any future application or appeals will need to very strongly demonstrate that the previous appeal inspectors are wrong to protect that rhythm. Because of those previous appeal decisions, the council planners will also have great confidence that a refusal would be upheld at appeal and therefore less worried about incurring those legal costs than they otherwise would be. The developer who is selling it has reached the end of the line having paid for at least four applications. I would suggest that to gamble on this you need to pretty sure that you know something that he, his architects and his planning consultant don't. with respect, it doesn't sound like you do. As much as many on this site will instinctively lack respect for the activities of developers, the idea that a rank amateur would be well advised to compete for a complex opportunity in the widest possible marketplace (the country's largest auction house) is part of the problem with the market in this country. Property speculation as a amateur hobby has played a significant role in inflating the bubble.
  15. 2013 will be much the same as 2012, but with less sport, much hysteria about name/sex/weight/arrival date of royal sprog. Nice places and most of London will continue to have a semi-functioning market which might rise a bit, but not by more than inflation. Nasty places will continue to have no real market except that based on distressed sellers, BTL sharks, etc. Banks will continue to make borrowing difficult. People will need to spend more and more of their income on basics and will have less and less money to save for a deposit. The county will get ever closer to being dividing permanently into those that own property and those that don't.
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