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About Fatboy4

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    HPC Newbie
  1. But one thing i do agree with you is that if there is a dip in the next 5 years then its possibly time to buy somewhere to live as its clear the central bankers of the world want hyperinflation.
  2. The 2008/9 was a minor correction, it was hardly a buying time for anyone using basic economic fundamentals. Of course if you knew that QE,0.5, FFL, H2B 1 and 2 were going to come into play it was a cracking time to buy. I'm staggered anyone on this site can say otherwise.
  3. But this could all change with the social housing give away that is about to happen. Now i know many won't be able to afford the repayments on a 200K mortgage should they get the place half price, but you can be 100% certain the financier friends of the LABCON party will conjure up something for them.
  4. I've no doubt he will change his tune to the party line and such comments will be made out to have been misreported, he truly is a loathsome creature. Boris is the man who has been major of London for however many years and has managed to delay the building of a new runway airport in London. Unless for somekind of global crash we are in for 5 more years of the same as the Tory party slowly bring down the deficit (not at the speed they claim) and the markets see this as being prudent.
  5. The Tory party were offering more socialism to people in social housing than the Labour by giving them their rented house at a huge discount, could well have been enough to enable them to keep the swing seats. As for Millipede and Balls i can give you the equally incompetent and disliked Gidiot and Top Table. But the English press pretty much all back the Tory party and played a good hand at scare stories.
  6. As the Tory party see HPI as a way of winning an election, can anyone see them letting some air out of the bubble over the next few years only for them to reinflate the bubble in 2018 in time for 2020. Not saying it's feasible for them to have such control over the property market, but as they've managed to control it in the last 5 years they surely have the arrogance to believe it is.
  7. I've been to jail and i thoroughly disagree that losing some of ones dole money is as bad as prison. Despite what the Daily Mail says prison is not easy, sharing a prison cell with some smackhead/murderer/rapist/dikead the alleged hard on crime Victorians thought was only suitable for 1 person is no giro day.
  8. I know how the monetary system works. But yes i believe that to a very large extent the governments finances work in the same way to an individuals.
  9. In the context that if the props were not in place house prices would crash and renting would be cheaper.
  10. So you are happy with what is currently happening. "We" don't seem to have done very well at pressing the reset button since they've bought, in fact we the plebs are paying higher rents and more in taxation and getting less in savings so our Chinese rentier class can see the value of their asset rise.
  11. At this moment in time i have no solution to completely changing the system, as its 1045 and Match of the Day is about to start. But my solution to the current ficticious austerity is to actually have austerity and live within our means, This is what i do on a daily basis.
  12. I've had patience for 10 years, i truly has gone beyond patience to the point i feel like i'm Winston Smith in Orwells 1984 and i'm the only one who can tell the difference. I'm happy to carry on making money(self employed), but i need to know the score with putting anything more i earn than would stop me getting housing benefit and full working/child tax credits into a pension For example if i make £30K and pay myself £10K then put the remaining £20K into a pension would it be seen that i only make £10K thus winning the benefits lottery. (i do have a young kid) Dave and Gidiot have beaten me for now, i haven't the strength to fight them anymore, thus i need to play them at their own game.
  13. Look these financial illiterates ought to be sat down in a prison cell and educated until they understand the basic economic fact that spending £100 billion a year more than what you earn isn't austerity. Then they ought to be made to clean that graffiti up with their knuckles. If they've got something worthwhile to protest about all power to them, but being against fictitious austerity tells me they're imbeciles.
  14. These are just middle class kids who've just finished reading about Karl Marx. The kids who are likely to cause havoc aren't going to do so after the draconian jail sentences handed out after the 2011 shopping spree.
  15. Take your pick http://www.independent.co.uk/voices/comment/dont-let-boris-johnson-distract-you-from-his-awful-record-on-housing--heres-what-he-doesnt-want-you-to-know-10026891.html http://www.newstatesman.com/politics/2014/10/if-he-thinks-2800-month-rent-affordable-boris-johnson-must-be-planet-zog http://www.standard.co.uk/news/mayor/boris-johnson-9813200.html
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