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House Price Crash Forum


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About crazypabs

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  1. Which is safer, mask or no mask? Answer: masks are better than no mask at stopping airbourne particles, however, a simple bandana is actually worse because the water particles are split as they travel through the material creating a finer mist that lingers longer.
  2. Credit Suisse and Nomura in big loss due to a hedge fund wipeout. Margin call at hedge fund is causing ripples in the market. It's Lehman brothers all again https://www.bbc.co.uk/news/business-56564717
  3. If I remember correctly, Lehman brothers went balls deep in purchasing property off the back of cheap finance, coupled with the subprime mortgages (Lloyds recently reintroduced the 90% LTV and self cert and furloughed products I believe). Is history repeating itself safe in the knowledge that Boris will bail out Lloyds again?
  4. This morning the HM treasury department released the tax proposals and consultation 2021 document. Tax policy and consultation: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/972056/Tax_policies_and_consultations_2021_Web_accessible.pdf Business Rates Review: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/903429/Business_Rates_Review_-_CfE.pdf
  5. Council tax rises by almost 5% and at the same time the council shuts all the roads for road works in the last month leading up to the year end because they haven't spent all the money from last year. A rip off case of 'use it or lose it'. Why do the council have to spunk our money on unacceptable spending just before year end.
  6. An interesting bit of MSM headlining. The express headline "House price crash mapped" https://www.express.co.uk/life-style/property/1396553/House-price-crash-map-UK-house-prices-going-up-near-me-evg/amp
  7. They're only admitting it so that the government feel sorry for them and throw them a vital lifeline
  8. One observation that could be an opportunity to help beat covid, it was seen in southern Italy and Sardinia that the number of people in intensive care was substantially lower than the expected norm. Research found that these areas had a high percentage of the population with the blood condition beta thalassemia, consequently no-one with bt was admitted to the ICU. More research is required. https://www.researchgate.net/publication/341352852_COVID-19_beta-thalassemia_subjects_immunised
  9. I'm watching at the moment. So far nothing but vested interests bleating about how the extension needs to be continued. Not a single MP has discussed yet how tough it is for people to get on the housing ladder.
  10. If anyone wants to watch it from this evening. https://parliamentlive.tv/event/index/59ae7998-e498-4077-bbaa-5be1e74b1c82
  11. Debate Scheduled for Monday 4pm https://committees.parliament.uk/committee/326/petitions-committee/news/138754/mps-to-discuss-petition-relating-to-stamp-duty-relief/
  12. Sorry to burst that bubble... http://www.bbc.co.uk/news/amp/business-55586081
  13. Eye roll.. https://www.estateagenttoday.co.uk/breaking-news/2021/1/agents-can-continue-working-through-national-lockdown
  14. Another doomed to failure property investment club, doomed to fail for the investors that is.
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