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Insane

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Everything posted by Insane

  1. Well in the article they did say there was a confiscation hearing , so something is happening.
  2. Those houses would have cost less than 50K to buy as well. Do you not mean less than 5k to buy. I and my family live on the outskirts of East London/Essex. All built in the 30's when the London Suburbs appeared. I know that my Dads house cost £600 new mid 30's, he paid £3,750 in 1962 and it is now around £500,000. My house was around £400 new in 1932 , now £350,000. There is a Road near to my Dad the best Road in the area where 4/5 Bed Detached houses Backing onto the park can be as much as £1 million ( ok many have been updated and extended since being built in the 30's) a local agent had the original sales brochure in his window recently they were £1,200 new. A big selling feature in the brochure was the fact they had a Gas Point in the kitchen.
  3. To be honest they have not done a lot , however there has been some improvement's. Under Labour there were families receiving vast amounts of benefits , the more children the more money. They have capped the maximum amounts that can be received and removed the incentive to have more and more children paid for by the state by having a policy of benefits for a maximum of two children.
  4. Don't ever forget he was the Man who taxed the dividends in the Company and Private Pensions taking to the tune of £7 Billion a year. The impact was the demise of the final salary pensions in the UK.
  5. Wow If I remember correctly those flats at the top of that block sold for around that price way back in 2002.
  6. No I blame Successive Government's for the system they have allowed to flourish instead of having a system where work pays. A few years ago a young woman I know who came from a very large dysfunctional family ( multiple children from multiple Dads) and all the problems associated with it did not go down that route. She worked full time in a Supermarket and in time the services involved with her family secured her a 1 bedroom flat in order that she could be removed from the negative environment. However after working full time paying tax and NI she could not afford to run the home and returned to the family. As she said if she had knocked a kid out they would have given her a 2 bedroom flat free and more money in her pocket than she was left with after working. Don't knock the people for choosing the right choice for them they do not create the system , as for mass immigration that has not helped the low paid workers in this country.
  7. When I left school in 1979 they said we would soon be in the Leisure age, the time frame given was either in Ten years from now or by the year 2000, they also spoke about moving pavements and travel to space like traveling to Spain. The following year many shop, factory and others were given an hour cut in the working week from 40 to 39 hours , with more promised in the future. Back then most women once they had children gave up work or only worked part time. How has it changed since :- For the increase in work side of the coin. There has been no further cut in the standard working week. For many the working week has increased. The mass unemployment of the early 80's has gone . More women return to full time jobs after having children than did back then. The retirement age has increased. We have imported millions of workers from overseas. For the decrease in the work side of the coin. There are many who would have worked full time now working part time and are having their salary's made up by tax credits. People enter the work place later in life staying in education much longer. These are the only reductions I have seen in the amount of time spent in the world of work everything else workwise has increased. What does the future hold ? Less or more work being done ?
  8. I have to say it's quite a drop. Aside from the small matter of the pandemic, the seller will have to contend with the fact Acton is basically a flat factory. New builds everywhere. So is so much of London, there is block after block being built in the East of London especially in the Royal Docks , I believe much of it is being funded with HTB. I have been saying for years that there are too many flats and have been proved wrong but an oversupply must be on the Horizon soon.
  9. In the late 80's early 90's London crashed by about 40% the new builds in Docklands were hit even harder. In real terms taking into account inflation which was quite high at the time that made the falls even bigger. I did not see a crash in 2008 maybe a short blip before it all started up again. One thing that has driven this market upwards and onwards over the last 20-25 years is sentiment , people's belief that the market will go up and what they have seen around them has pushed it upwards as people feel they will win if they buy. We get so much more information now than we did in the past and small bits of information whether they are right or wrong can change peoples sentiment very fast. If people start to see falls their sentiment can change very quickly and the market once turned could crash due to the masses thinking the opposite of what they have been thinking for years, if we buy we will lose rather than win.
  10. Did not say it was your actions I said people in both parties who are remainers meaning the MP's of those parties.
  11. I think the people of the UK could have happily absorbed the EU immigration and we would not have got Brexit. However at the same time Labour and Conservative opened the flood gates to the whole World . They could have stopped or curbed the immigration from outside the EU but chose not to , calling anyone who questioned the numbers as Racist, Bigoted or little Englanders. Peoples fears and worries were met with disdain when they questioned what was happening. For many Voting Brexit was a message to the Government that we had had enough. People in both parties who are remainers and scream that we got Brexit and it is the fault of us who voted for it need to look at themselves and take responsibility for their actions that drove people to Brexit.
  12. I lived in Barking for 3 years , it is fine as long as you remember to wipe your feet on the way out.
  13. But places a massive negative on a country that has housing, hospitals , roads , schools ect all at maximum capacity and not able to keep up with the increased demand due to an ever increasing population.
  14. How times have changed Wimbledon is such an expensive place now. However a few years ago I was reading a book written by a lady who would now be about 70 the book recalled events in her life. In one chapter set in the early 70's she was having a Rant due to the fact that being at Uni living on a grant and a part time job in a pub she was only able to buy a tiny two bed flat in Wimbledon and was forced to let out the spare room to make ends meet. That situation would be utopia for people today
  15. Love it so true. Was told by someone in the New Homes Industry that the developer they worked for looked at HTB people spending 600K on a tiny 2 Bed in Zone 2 as if they were in the Bargain Basement. Also told me that a survey on HTB in London showed that there was just one developer in Zone 1 who had flats not above the threshold.
  16. It's Price she knows deep down it is price but won't accept it , that is why she states a number of times in the Video that it is not price. I sold my £525,000 Docklands Flat right in the middle of the Financial Crisis January 2009 and Completed that March. I listed at £525,000 then dropped it within 2 weeks to £495,000 then to get shot I told the agent to get anything with a 4 at the front. He came back in a few days with 2 bids £400,000 Cash and £408,000 from a couple getting a mortgage I went with the Cash Buyer who then pulled out but as he pulled out the Bid with the mortgage was raised to £420,000. The sale went through fast I cleared the debt and had a small amount left to put down on a much cheaper flat in Essex. With hindsight it was a massive mistake however at the time with out a job and not in good health the overriding factor was to clear the £340,000 debt which I did.
  17. Correct there are plenty of things that can be taxed and are already, all tax will have an impact on the product , service or item that get's taxed. The massive problem with Labour is you don't know what it is they will tax until they get elected. Last time round they taxed the dividends earned in pensions. Nice one that as no one noticed overnight as it was not a direct hit on the pocket immediately. The outcome :- Most companies closed their final salary pension schemes and replaced with less secure Money Purchase Schemes. I would never trust Labour again.
  18. Totally agree but we had it collectively. No one was forced to sell off a personnel asset.
  19. It is very different as the sell off would be forcing individuals to sell what they legally own. When the Councils were forced to sell their housing stock (yes your correct it was taxpayer owned) but that collective ownership is really just a myth no taxpayer apart from the tenants had any rights ,liabilities or personal profit/loss in what they are told they collectively own. No individual tax payer had any authority over the assets sold it is different when you legal own something. This is another level and if it did happen what next ? Forcing people to scrap high performance cars sell them to the breakers yard when they are still road worthy ? Sell their pension rights for less than they are worth ? Sell their wedding rings at a Discount to the Jeweller in the high street ? Very scary road to go down.
  20. I don't agree with the current housing situation and the way people have been able to extract rent from others however this would cause economic turmoil. It is just another reason not to vote Labour !! If they could take what is legally one persons property and force them to sell it at a discount to the market rate what else are they capable of even those who would benefit under this scheme should be frightened of a Labour Government as they might benefit in one way but lose in another. The Council House Right To Buy is a big part of the problems we now have in the housing market this would be the cause of major problems in the whole economy.
  21. I was talking about the people consuming either Food or Fags not the side effects for other people. How peoples habits impact on those around them is important but a whole different topic.
  22. As Smoking has decreased Obesity has increased. We have swopped one bad habit for another. When I was growing up many adults smoked and it was accepted. I knew 3 very fat ladies in my area and two fat teenage girls. Today you see less people smoking but if you step outside onto the streets you cannot turn your head without seeing Obesity.
  23. Because people I have met who have fled from there tell a different story and say that the state of the country is due to policies that Labour want to bring in. Was asked by someone from there recently " why do people here want to follow us by voting Labour? "
  24. As much as I believe that the Establishment look after themselves at the expense of the remaining population and the City of London again looks after the chosen few , what worries me is Corbyn will not effectively challenge them to get a more even balance but destroy them. By destroying them the rest of us will be worse not better off. Venezuela springs to mind.
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