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House Price Crash Forum


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Posts posted by shlomo

  1. 4 minutes ago, fellow said:

    When is this food price inflation starting? Not a single thing I buy from Aldi has gone up by a single penny since the pandemic started. You would think the cheaper end of the market would rise first as they have lower margins to absorb the increase?

    We are elitist here and if you filled out the joining HPC and mentioned you shop in Aldi you would not have been allowed in, personally I shop in Waitrose 

  2. https://edition.cnn.com/2021/10/18/china/cia-spies-mic-intl-hnk/index.html

    China's propaganda machine is intensifying its 'people's war' to catch American spies

    Let's fight a 'people's war' against the spies, so that they cannot move a single step and have no place to hide!"

    That was the rallying cry of a Chinese military newspaper on social media over the weekend, as Beijing urges public vigilance against American espionage following the launch of a CIA mission center dedicated to China.
    Beijing's propaganda apparatus is now intensifying a years-long campaign, following CIA director William Burns' October 7 announcement the China Mission Center would counter what he called "the most important geopolitical threat we face in the 21st century
  3. https://www.theguardian.com/us-news/2021/oct/10/adults-moved-home-parents-during-pandemic?utm_source=pocket-newtab-global-en-GB

    When David and Linda Ellis sent their daughter Juliette, the youngest of their three children, off to college in 2019, they figured they had become empty-nesters for good. In short order, the couple downsized from their family home in Raleigh, North Carolina, to a much more manageable three-bedroom apartment rental nearby. Little did the Ellises know that, in under a year’s time, two of their three adult children would once again join them under the same roof.

    After their school and work went remote in March 2020, Juliette Ellis and middle brother Gregory flew in from their respective posts in Vancouver and Brooklyn to wait out the uncertainty of Covid-19 with Mom and Dad. The eldest Ellis son, Justin, remained a short drive away in nearby Chapel Hill.

    “It was a joy to have this time with our adult children,” says David, who looks back on the experience as one of the “silver linings” of an otherwise difficult time.

    Throughout the pandemic, scores of young adults have boomeranged back to their parental homes. That trend was especially pronounced in the first half of last year, when the Ellises were among the nearly 3.5 million young adults to move in with their parents. By July 2020, a Pew survey estimated that 52% of Americans between age 18 and 29 were living with one or both parents – the largest group to do so since the Great Depression.

    Some, like Gregory and Juliette, saw the family home as a more stable environment in which to ride out the storm of the unknown. Others used the opportunity of work-from-home mandates to leave their small (and expensive) urban apartments. Yet others were casualties of the early pandemic’s economic downturn, which cost many young workers their jobs.

    At the time, speculation grew that the trend might have a generational ripple effect – that, just maybe, Americans were redefining the ideas of “family” and “home” to embrace a gentler and more fluid timeline of when young adults should strike out on their own. “Perhaps the pandemic is an occasion – an unwelcome one, sure – to reappraise a living arrangement that is often maligned,” wrote Joe Pinsker in the Atlantic last July.

    But as the world reopened and young adults became able, once again, to cobble together some semblance of a normal social existence, many moved out of ther childhood homes for the second time. Others have imminent plans to do so, citing a desire to return to the “normal” life that has been ingrained in so many young Americans.

    And some found it annoying to live and work in close quarters with multiple other adults – even if those adults happened to be their parents.

    “I’ve been able to buy a car with the money I saved by not paying New York City rent,” Slater says.




  4. https://financialpost.com/news/economy/world-faces-much-bigger-fiscal-problems-than-the-debt-hangover-from-covid-warns-oecd

    According to its long-term scenario, a deceleration in large emerging economies, demographic change and slowing productivity gains will drag trend economic growth among the OECD’s 38 members and the Group-of-20 nations to 1.5 per cent in 2060 from around 3 per cent currently. At the same time, states will face rising costs, particular from pensions and health care.


    “Secular trends such as population aging and the rising relative price of services will keep adding pressure on government budgets,” the OECD said in the policy paper prepared by Yvan Guillemette and David Turner. “Fiscal pressure from these long-run trends dwarf that associated with servicing COVID-legacy public debt.”

    Countries need not necessarily raise taxes to meet these challenges, the OECD said. Instead, it called for reforms to boost employment rates and "raise retirement ages"


  5. 2 hours ago, hotblack42 said:


    FBI & senate are on the case in USA.  One reason they might not have regulated the Interweb yet is the view held by some agencies that's its better for bad actors to think they are anonymous until its too late.

    Sir Ian Blair also said this when he said why the met did not want to use phone evidence, I was actually watching coronation street yesterday where the baddie was on the phone saying he wanted a car to collect him to take an aircraft so he could escape justice.

    But then this is the narrative they wish to promote 

  6. 6 hours ago, coypondboy said:

    will do I started at the weekend advising the manager of our new local art gallery which features a Banksy about the war in Iraq to take down the exhibition of suicide vests as we are expecting many Afghan refugees to be housed in the area over the coming weeks and may find this exhibition a bit traumatising along with the local and former Royal Marines and SBS based in the town.  Check out 17 seconds with man starring at one of the six on display.


    LOL, do not forget 93% of the UK secret service budget is targeted towards muslims if the US forces the UK to become Anti-China, lot of job losses, I cannot see the spooks being able to change from spying on muslims to spying on the Chinese

  7. 18 minutes ago, sammersmith said:

    RM/Zoopla don't allow private listings, but you could use a 'free' online agent like Strike https://strike.co.uk/ and pay for an optional extra of adding the property to the relevant property portals. 

    Not an endorsement. I have no idea if they're any good but i've seen a lot more Strike listings appear over the past year. Seems to be even more than Purple Bricks these days. 


    £499 that looks good includes professional photos, a video trailer, and a premium listing on Rightmove.

  8. I assume someone here is an expert on this.

    One of the guys at work is the beneficiary of a will and has been left a house in the will, he has had offers using word of mouth, I have told him he will get a better price if he got it listed on Rightmove / Zoopla more people will see it, rather than use a bricks and mortar Estate agents and pay a high price what is the cheapest online company to use.


    Many thanks

  9. 44 minutes ago, Si1 said:

    The Times: Cladding scandal: I paid £180000 for my flat ... then got a £101000 bill to fix it.


    I think Emilie has been in quite a few papers.

    She phoned her family and cried apparently. That'll help.

    I do feel sorry for her, she is just a normal person 

  10. 1 hour ago, coypondboy said:

    I told him what a wonderful manager he was in motivating his staff and keeping everyone happy and had he thought of doing an MBA in how to be a bullying and tyrant manager to get results.  He advised he didn't need to do the course as he had helped to write it. 

    You are in much better place now. enjoy your life, stop saying bad things about immigrants and asylum seekers



  11. 21 hours ago, TheCountOfNowhere said:

    When my wife was pregnant the antenatal appointments at the hospital gave me the impression 8/10 UK births could be attributed to eastern Europeans.

    Take them out the mix and UK has a population who simply aren't having children.

    A lot of them are having babies with British guys or their babies will not have British passports, A member of my peer group ie in his late 50s was offered a relationship including having his baby by a 25ish year old from an EE country as long as he had a house to put in the mix, he did not want to be changing nappies in his sixties so said no, she mentioned EE men in her age group could not offer a house for the family that she wanted 

  12. https://www.ft.com/content/ba0a3cde-719b-4040-93cb-a486e1f843fb

    China tested a nuclear-capable hypersonic missile in August that circled the globe before speeding towards its target, demonstrating an advanced space capability that caught US intelligence by surprise. Five people familiar with the test said the Chinese military launched a rocket that carried a hypersonic glide vehicle which flew through low-orbit space before cruising down towards its target. The missile missed its target by about two-dozen miles, according to three people briefed on the intelligence. But two said the test showed that China had made astounding progress on hypersonic weapons and was far more advanced than US officials realised. The test has raised new questions about why the US often underestimated China’s military modernisation. “We have no idea how they did this,” said a fourth person.

    Last month, Frank Kendall, US air force secretary, hinted that Beijing was developing a new weapon. He said China had made huge advances, including the “potential for global strikes . . . from space”. He declined to provide details, but suggested that China was developing something akin to the “Fractional Orbital Bombardment System” that the USSR deployed for part of the Cold War, before abandoning it. “If you use that kind of an approach, you don’t have to use a traditional ICBM trajectory. It’s a way to avoid defences and missile warning systems,” said Kendall. In August, General Glen VanHerck, head of North American Aerospace Defense Command, told a conference that China had “recently demonstrated very advanced hypersonic glide vehicle capabilities”. He warned that the Chinese capability would “provide significant challenges to my Norad capability to provide threat warning and attack assessment”.

    The new hypersonic glide vehicle was launched with a “Long March” rocket, seen here carrying China’s Chang’e-5 lunar probe for its space programme


  13. On 10/11/2021 at 1:55 PM, coypondboy said:

    Yep been there which caused me severe stress and anxiety and depression and was off sick for 6 mths then furlough saved me and them wwas made dedundant.  Best thing that could have happened to me and made me reflect on live.  Karma is a beautiful thing I was able to tell him what I thought of him as I picked up my redundancy payment.

    What did you tell him?

  14. 4 hours ago, IMHAL said:

    There are 25 million homes in the UK for a population of 67 million. Just over 2 and a half people per house.

    The issue is cheap money and the constant ramping and support of the housing and building industry by successive governments.

    Raise rates and see what happens to the supply/demand theory...it implodes. It gets shown for what it is....a factor, but not the dominant factor by a long shot.

    Most people do not want to live in the north, even the immigrants and asylum seekers all want to live in London or the south everyone follows the money 

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