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House Price Crash Forum


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Everything posted by ucnvpe0

  1. What about all the boomer homeowners. Surely they have benefited a lot?
  2. Agree. I wouldn't put it past the government to scrap MMR. I suspect they are waiting to see the effects of the stamp duty relief first. Propping is their intention.
  3. I believe they form a minority of home owners. I suspect many more have benefited or perceive themselves to have benefited from low interest rates, help to buy, BTL, artificially low supply, restricted planning permission etc. I don't think it's a coincidence that a desire to have lower house prices doesn't feature in elections or formal protest movements.
  4. Haha, longgone. I suspect the mainstream media will use this kind of story to portray crypto in a negative light.
  5. The mumsnetters probably figured out that the government will throw everything under the bus to keep house prices. I suspect that realisation has only hit this website during the covid-19 pandemic.
  6. There's even a gentleman who has previously claimed to have an EU wife 🤔
  7. "House" and "safe" appear to be engraved in the British psyche. Remember the "BTL is my pension" brigade.
  8. Yes, collapse has to happen eventually.
  9. I guess it's people storing money to protect from upcoming inflation or borrowing as much as the bank allows. They know the game is rigged and the government will protect property. Nobody would have ever expected schemes like furlough or bounce back loans.
  10. “House prices in April eclipsed the record high set the month before as the market continued to maintain its recent momentum. The average property is now worth £258,204, up 1.4% month on month and 8.2% annually, the highest annual growth rate in 5 years. In cash terms, almost £20,000 has been added to the value of the average home since the market had essentially come to a standstill in April 2020".
  11. I heard similar things prior to the implementation of smart motorways. Where will the funding for the technological change come from?
  12. If anything, the demand for these areas have grown significantly since covid.
  13. I think you are under estimating the proportion of the population which live in very rural areas.
  14. Yes, it's sad but it's not uncommon. Unis like to hide this fact. Some have gone on to become lab technicians, some work in supermarkets, some have gone on to Masters/ PhD.
  15. I think you would be surprised to see how low paid many science- genetics jobs are. Value to society tends to be a PhD and above level rather than undergraduate.
  16. 😄 shows everything you need to know about the conservatives.
  17. I've seen this feature in the healthcare professions. I'm a case example of it. Even now as a adult, the large majority of roles featured on job portals are full of jargon. It's very hard to tell what each job actually entails.
  18. A few of my thoughts: 1. Exposure. Children are more likely to pursue sectors in which their parent works. Sort out shadowing opportunities for some of these roles. 2. Don't neglect interests. A high paying job which someone hates is unlikely to be sustainable. There needs to be some balance. 3. Salary isn't as important nowadays. Wealth and inheritance has a bigger impact on the long term (my view). E.g a 30 year old earning 100k vs another earning 50k without a mortgage. I rather be the latter. 4. Unrealistic expectations are very common. Life is changing. Jobs which were easy to get have now become very competitive. It's a globalised world. 5. Careers will become more choppy/diverse. I think the 'job for life' / straight path career days are over.
  19. I expect housing costs to reduce productivity. The levels of debt will continue to rise.
  20. Huggy- we all know you are a millionaire 😄. How many people under 40 have over 200k+ cash sitting around? Agree Bitcoin is one of the few ways out of the current mess.
  21. It's a tale of two cities and has been going that way for a long time. People with large inheritance will thrive. The rest will become serfs or navigate through the little opportunities that remain.
  22. Some people somewhere are hiding a lot of £. Likely off-shore too. The covid loans also added another layer onto everything with more £
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