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Posts posted by A17

  1. 1 hour ago, GregBowman said:

    I know London prices are bonkers but these sort of places seem even worse. Its effectively in the middle of nowhere with no garage and outside land and as you say on an A road.


    No easy way of getting to London - the nearest railway station is miles away. The town is too ugly to be a chocolate box village, too small to be interesting and have things to do, but too large to be peaceful. Worst of everything really.

  2. Ramping article from the BTLegraph

    However, lets look at the numbers in more detail.

    Purchased 7 years ago (2014) for £675,000, marketed in 2021 for £875,000. Net profit - £200,000.

    Lets assume that the purchase was before December 2014, and so they are liable for 4% stamp duty: £27,000. (Actually checked - sold December 2013 so close to 8 years)

    They say that they have had an extension and renovations. I am going to be very conservative and say £50,000 spent as I can't see any extension.

    Let's also say a 1.5% estate agent fee to sell it: £13,000.

    So net profit is a not insignificant £110,000.

    But over 8 years that is a 16% return on investment, under 2% pa compounded (and that is ignoring any post COVID countryside boom)

    And the photos don't do it justice - the front of the house is on an A road!



  3. 5 hours ago, Big Orange said:

    It may have started to slowly evaporate 25 to 30 years ago and been rapidly speeding up through the 2010s - the Anglo-Dutch may have lost their military/political monopoly (that even included a small stockpile of nukes) but still got the lion's share of wealth. South Africa now resembles at least two to four incompatible nations cobbled together and looks like it's running on inertia...


    With his typically frank integrity, Mandela had warned publicly both before and after he became president in 1994 of potential corruption in his African National Congress. He’d detected among some colleagues an “our time to eat” entitlement after their decades of sacrifice in the anti-apartheid resistance. Foresight indeed.


  4. 1 hour ago, PeanutButter said:

    Good point. All were united against one enemy, and when that enemy fell the bonds remained. But listening to voters now, they’re appalled at the corruption endemic in the ANC but equally don’t feel there is any viable alternative. Sounds familiar! 

    The problem is the same with any form of "Independence Party", whose origin was to lead the opposition and fight against one-party authoritarian rule. They tend to slip very nicely into the position of the authoritarian party they replace. After all, they fought for your freedom, why would you oppose them?

  5. One of the reasons I have been told that South Africa has been more successful than other countries in that part of the world is that it has avoided some of the tribal divisions that other countries suffer from. You are South African first, and Zulu/Xhosa/Tswana second, rather than the other way around. It allows for somewhat more stability, and perhaps takes some of the edge off the corruption that is seen otherwise. Maybe it is changing.

  6. I seem to remember by the time he left office things were looking up economy wise. Old style Tory boom and bust at least gave some boom times, and an end to the bust times. A recession every 10 years isn't necessarily a bad thing, as long as we recover from it after a year or so. A wildfire clearing away the deadwood, but fertilizing the ground for the next growth. And after 18 years in office, a change in leadership is needed regardless of what side of the political spectrum you are on.

    People mentioned the introduction of the Assured Shorthold Tenancy and Private Finance Initiatives as the cause of our problems today. My understanding that before ASTs there was a dire shortage of rented accommodation - it was either local authority or student digs. ASTs filled a gap. Similarly for PFI, it was a somewhat good idea if used correctly. It was Blair and Brown who took it to the extreme.


  7. I'd love to hear the full story. It has holes large enough that you could drive a steam train through.

    Helping a local family sounds ridiculous. The comment about working harder is strange too.

    My guess, trying to cut out the emotion. Self employed with a somewhat inconsistent income stream, and a mortgage application written with the caveat "based on a true story". You don't often hear of forced moves, so they must have been desperate. Not sure about the new place - is it mortgaged, or did they buy it outright? I am guessing if they had cash flow problems earlier they have purchased with the equity of their previous home without a mortgage.

    Conclusion - no sympathy.

  8. Anecdotally I hear of fewer people retiring to Florida, and more people retiring to states further north such as Georgia and South Carolina. The climate of Florida is too much - people are willing to sacrifice the winter warmth for a break from the oppressive summers. And the prices and taxes in Florida are much higher than they were 30 years ago.

  9. 6 minutes ago, Speed1987 said:

    The pro-vaccine mob, which are insisting I have an experimental vaccine for a virus which mortality is around 0.02% for my age group. Seems utterly delusional and now they are pushing for children to have the vaccine also? How risky.

    It's words like "experimental" vaccine that act as a dog whistle to anti-vaxxers. The vaccines have been through clinical trials and authorized for use, by multiple medical licensing agencies worldwide.

    Despite the low mortality rate for your age group, the mortality risks for vaccines are orders of magnitude lower. I'm also concerned about the long term effects of this novel virus. Who is to say that the virus isn't going to knock ten years off your life going forward?

  10. 1 minute ago, Bruce Banner said:

    What's it to you?

    Do you really expect an answer from someone you've just called "Downright thick"?

    I just like hearing peoples reasons. So you just want to stick two fingers up at the system then? Or have you been advised not to by a healthcare professional?


    5 minutes ago, Dr Doom said:

    No. Had it about 15 months ago, was fine. 

    Good for you then...

  11. 12 minutes ago, Bruce Banner said:

    Is the definition of an "anti-vaxxer", in your opinion, someone who for whatever reason does not want the vaccination?

    Yes. Why don't you want it?


    14 minutes ago, Huggy said:

    Good list, and I have added the order in which these appear to be in the population too. Bit of overlap I'm sure, but it is all about putting two fingers up to The Man, but it's really surprising as ODD is usually found in children. We all have those types at work though 😉

    On that note, it was interesting how during the vaccine development period the vaccine sceptics (a step away from true anti-vaxxers) were critical of the Pfizer vaccine due to it being a new RNA vaccine, and would prefer to wait for the more traditional Astra Zeneca vaccine. Now it is completely the other way around - they have forgotten their fear of RNA vaccines.

  12. 2 hours ago, moonriver said:

    Whilst you have obviously made an informed decision to take it, others have made equally informed decisions not to. 

    I wouldn't say that anti-vaxxers are making an equally informed decision. Most of them are

    • downright thick
    • trusting of fake information on the internet
    • completely lacking any understanding of science or statistics
    • being deliberately difficult and stubborn as they have few opportunities to stick it to the "system" in their lives, and this  is something they can easily (not) do, and find willing supporters

    Anybody posting anti-vax nonsense should have to post their qualifications at the same time.

  13. 4 hours ago, MonsieurCopperCrutch said:

    It's not hard. You are just making excuses to stick with the same old presenteeism status quo. 

    It depends. In my experience/career when hiring an employee there is a balance, and it depends on the skills required. Not only the technical skills required for a role, but the soft skills to deal with customers. The informal learnings that occur in a collaborative environment. We aren't just churning out virtual widgets. People can successfully work from home, but they tend to be more experienced people in semi-independent roles.

  14. 32 minutes ago, dugsbody said:

    Are you sure that is true?

    I'm going to find out in 2.5 months, starting at a company which has remote working baked in.

    It depends on the company and role. How much training will you need in specialized products and processes? Will the people managing and training you have their backgrounds in office working?

  15. 2 hours ago, Huggy said:

    I am wholly into the WFH 100% forever camp now where I was previously office based.

    Howecver, I accept training and some other activities are more difficult from home. Just the simple act of pointing with a finger at a screen to show someone something doesn't work too well remotely, and face to face interactions in the flesh are easier when you have the full visual part of a coversation as well as the verbal.

    My issue is that it is difficult (not impossible) to train a new starter who is working from home. It is the next "generation", when that person who has always worked from home, has to train a new home worker. And when that person has to train somebody. I think things will get lost at each stage.

    It's easy to say working from home is great and has no loss of productivity when you personally have been fully trained in an office group environment. It's bringing in the next lot of people that is hard.

  16. 28 minutes ago, iamnumerate said:

    Unless of course you couldn't afford to earn that money anywhere outside of London.

    Saying that you could buy a very nice house in some parts of London and still get have £800k left over!

    I was meaning when you are putting close to seven figure deposit down. That money could make for a much better life elsewhere. 

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