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House Price Crash Forum


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Everything posted by shlomo

  1. We have an incredible high standard of living that is built on the supply chain, which is being dismantled
  2. This could be politically popular, older black people and black Women agree with this and the white middle class also agree with this One of the complaints of law abiding black people is that the police do not devote as much resources on black on black crime
  3. The economy will be as bad as the 1970s, 50 years of economic growth will vanish
  4. This war is going to get out of control when China joins on the side of Russia, the Euroasian superpower Do you remember the economic problems of the 1970s I say this because supply chains are being broken so we will be back at this point soon, soon all the gains of the past 50 years will be lost
  5. This is not about the UK, this is about where we as a specie are heading from where I am standing we are staring into the abyss
  6. I do not think this is related to the tories, it is something else, we have hit a schism in human history.. When Prime Minister Harold Macmillan was asked what was the greatest challenge for a statesman, he replied: 'Events, dear boy, events'. The same is true for most leaders and organisations. Events Happen. When they do a lot of things are at stake: lives, livelihoods, reputation
  7. It is not diversity that is the problem it is gun crime and the cost of living and cost of housing
  8. The reason they are leaving the US https://www.latimes.com/world-nation/story/2022-05-14/supermarket-shooting-buffalo-new-york BUFFALO, N.Y. — A gunman with a rifle and body armor opened fire in a supermarket in Buffalo, N.Y., killing at least 10 people before being taken into custody Saturday afternoon, law enforcement officials told the Associated Press.
  9. Therese Mascardo, a 39-year-old therapist from Santa Monica, flew to Lisbon in 2019 after experimenting with online sessions to cut down on her four-hour daily round-trip commute to Orange County. Frustrated with the Trump presidency, mass shootings and a car-bound lifestyle, she said she sought out “the antiquity and charm” of an old European city that was walkable. Mascardo was attracted to the fact that right-wing parties have not made the same inroads in the nation as they have elsewhere in Europe. Today, she can afford to work just two days a week — on a California schedule — while building out an online social media therapy content brand in her free time. She has money to spare after paying her monthly 1,000-euro rent. One Sunday a month, she leads a rotating museum tour for digital nomads on stopovers in the city. From the streets outside her three-bedroom apartment that straddles the Estrela and Lapa neighborhoods, Mascardo, who grew up in Orange and studied at UC Berkeley, can look downhill and spot the the 25th of April Bridge. Modeled after the Bay Bridge, it is painted in the same red as the Golden Gate and reminds her of home. But despite twice-yearly trips to Los Angeles, where she lugs in cheap Vinho Verde and stocks up on Anthropologie candles and Trader Joe’s pea chips for the return, she has no plans to leave. “I love my weekly stroll to the farmers market and being within a 15-minute walk of most of my friends,” Mascardo said. “I love the kindness and hospitality of the Portuguese people, especially when they graciously endure my nascent Portuguese language skills and gently offer corrections and tips. I love that people eat bread here and aren’t always talking about the restrictive diet they are on. I love that dressing down is the standard way of existence here. I feel happier and not just trying hard to be happy.” Jamie Dixon feels the same way. Walking recently along the Avenida da República, the cliffside road near her new home that’s lined with cafes overlooking the ocean, she was for moments convinced she was back in Malibu at a sort of Point Dume on the Atlantic. But as she crossed the road and glimpsed the Portuguese street signs, she was reminded that it takes time and patience to build a new life in a distant land. I miss knowing people when I go out to a restaurant or bar. I miss frolicking in the desert. I miss Palm Springs. I miss how easy it is to pay bills or renew my license. I miss being fluent,” Dixon said. “It’s taken months to just feel like we are barely settling in. But I feel safer here going out alone. I’m excited my daughter will speak other languages.” She was on her way home to pack for a family trip to Mallorca, something that would have required a week of time off and thousands of dollars when she was back in the U.S. From here, it would be a quick weekend jaunt on the cheap. “I thought L.A. was the end-all, be-all and the only place out there,” she said. “But, sometimes, you have to take a leap and realize America isn’t home forever.”
  10. https://www.latimes.com/world-nation/story/2022-05-12/california-expats-portugal-relocation-lisbon CASCAIS, Portugal — Jamie Dixon landed in this hilly seaside town nine months ago, ditching her luxury trailer in Malibu for a two-floor rooftop apartment that’s twice the size for a fraction of the rent. Her escape from her native California came amid growing costs of living, encroaching wildfires and a waning sense of safety after the burglary of a neighbor’s home. The fitness-trainer-turned-startup-worker decided it was time to reinvent herself in a foreign land, but like many American expats she didn’t want to feel too far from home. In this wealthy enclave about 15 miles from the Portuguese capital, Lisbon, she found her slice of California on the west coast of Europe: ocean breezes, mountain views, hot spring days on palm-tree-lined promenades, and the glow of sunsets that seep into the night. “Things were just becoming too much back home, but I didn’t want to leave everything about L.A. behind,” said Dixon, 37. Dressed in yoga pants and cross-trainers, she sipped white wine at an organic cafe that overlooked waves crashing into Big Sur-like cliffs a short walk from the rental she shares with her actor husband and 7-year-old daughter. “With Portugal,” she said, “we could keep the parts we liked and leave the rest.” Dixon has plenty of company in a country that has become an international destination for tourism and residency alike. This once seafaring empire known for Port wine and Fado music can feel a lot like California. Except it’s much more affordable on a U.S. budget. That’s one reason the slender nation on the Atlantic has attracted — and even advertised to — Americans who are packing up. In the last decade, the overall population in Portugal has declined even as the number of foreigners has grown by 40%. The ranks of American citizens living in this land of 10 million shot up by 45% last year. Within the mix of retirees, digital nomads and young families fed up with issues including the costs of housing and healthcare, Trumpian politics and pandemic policies, Californians are making themselves known in a country once considered the forgotten sibling of Spain.
  11. https://www.nytimes.com/2022/05/13/style/saving-less-money.html In a tumultuous time, many adults under 35 have stopped playing it safe. Instead of banking as much of their pay as they used to, they’re saving less, spending more and pursuing passion projects or risky careers. Nimarta Narang, 27, said she was prudent about almost everything until the end of last year, when she had an epiphany: “I don’t want to spend my life being so careful and cautious.” For most of the coronavirus pandemic, she couldn’t travel to Bangkok to see her family. When she finally made the visit, she was struck by how much she had missed — her mother’s 50th birthday, her grandmother’s funeral, her sister’s engagement, her father’s beard going gray. “Coming back to the U.S., I realized I needed to do things differently,” said Ms. Narang, a literary editor at Brown Girl Magazine. One thing she had always wanted to do was to live in New York. She packed up everything in her Los Angeles apartment and made the move in March. She also took a new approach to her finances. Before the pandemic, she said, she was putting about $2,000 into her savings account each month. Now it’s half that amount. The rest goes toward a costlier apartment ($600 more in monthly rent), evenings out with friends and small indulgences she would have denied herself before. “I wanted to use my savings to have a life experience,” she said. “Visiting home made me see how much life I had missed.” She’s not alone. A recent study by Fidelity Investments found that 45 percent of people aged 18 to 35 “don’t see a point in saving until things return to normal.” In that same age group, 55 percent said they have put retirement planning on hold. For some, like Ms. Narang, the isolation of pandemic life triggered the decision to enjoy the moment, financial consequences be damned. For others, the motivation has come from worries over climate change, Russia’s invasion of Ukraine, domestic political instability, soaring inflation, through-the-roof housing costs and a topsy-turvy stock market. Hannah Jones, a standup comic in Denver, said she used to save almost all her discretionary income. She was a thrift-shop regular who refused to pay for a Netflix subscription. Now she has become what she calls a “financial nihilist,” meaning she puts significantly less into her savings account. The shaky state of the world was on her mind. “I’m not going to deprive myself some of the comforts of life now for a future that feels like it could be ripped away from me at any moment,” she said. In her standup act, Ms. Jones, 27, has a reliable joke: “No, I’m not saving for retirement. I’m going to spend my money now, while we still have a supply chain at all.” It’s a quip that changes with the headlines. On some nights, instead of “supply chain,” she simply plugs in the catastrophe du jour. The anti-frugal mood is pervasive. Hannah Fuller, 25, said she was once enthusiastic about saving for the future. After having taken financial aid while attending a private high school and college, she was assiduous about managing her money, making sure to max out her Roth I.R.A. each year. But now, she said, her mind-set has shifted. It started when she was living in Portland, Ore., where she grew up, during the wildfires of 2020. “Being surrounded by the smoke, you could just really feel the doom and gloom,” said Ms. Fuller, who works for the Farmers Market Coalition, a nonprofit in Washington. “It felt like we were living in ‘The Martian,’ like we were living in an airlock, trying to keep the smoke out of our apartment.” “Going to these places you visited as a child and seeing them burned to the ground, it makes wanting to build new things very hard,” she continued.
  12. https://www.india.com/business/work-from-home-latest-news-today-13-may-2022-800-whitehat-jr-employees-quit-job-after-being-asked-to-return-to-edutech-firm-office-report-5390923/ Over 800 employees of Edutech firm, WhiteHat Jr, have resigned in the past two months after they were asked to return to office, stated a report by Inc42. These were full-time employees who resigned voluntarily as they were not willing to return to office after working from home for the past two years since the COVID-19 pandemic, the report added. WhiteHat Jr, a platform to learn coding for young people, was acquired by Byju’s in 2020
  13. Most of the comments are that Darren Boyle is an idiot and the DM is employing children
  14. some impressive numbers, if you are right this is the start of a big crash
  15. You are awake very early today, any particular reason
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