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House Price Crash Forum

Als

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Everything posted by Als

  1. Every church going Christian I've ever met has turned up his/her nose at the real poor.
  2. I was over in Amsterdam just before the summer. The dinner table talk among my friends who live there, mostly English and Polish, was of a house price crash. Their opinion was that the Dutch had taken on much higher levels of debt than the British and that the situation was much worse there. I found that a bit hard to believe at the time. They also made an assumption that the UK has had it's crash and that our problems are over.
  3. You'd be a fool to believe officialdom these days. British bureaucrats no longer wear bowler hats if you know what I mean. http://blogs.telegraph.co.uk/news/geoffreylean/100222841/drilling-set-back-regulator-caught-out-as-fracking-opponents-draw-first-blood/
  4. My mate works for a local council and he told that it's always conservatives who block new housing developments.
  5. It's all getting out of hand now for the Conservatives isn't it.
  6. What did you expect would happen? It was easy to foresee! Labour's policies were completely irresponsible.
  7. This is what it's been like for years. For me the UK is the perfect study ground for lies, propaganda and the deliberate exploitation of people for money. One of the things the British are best at is lying.
  8. All you clever bods are missing the point. Most people understand a "unsecured" loan to mean that it isn't secured against the value of your house. Therefore you take a loan knowing that there is no risk that you will loose your home. If "unsecured" just means ..."secured" then it's just one more lie to add to the absolutely massive ******ing pile in your shit society.
  9. I remember when the banks almost collapsed Alistair Darling looked like he'd been put in there as some kind of fall guy for the Labour regime. But he behaved admirably I thought. He was an island of sanity in a sea of shit.
  10. Economic mismanagement by two successive governments is really something.
  11. After googling Japan I found this article written in 2006. Don't know how accurate this is. http://www.spectator.co.uk/columnists/any-other-business/24361/dont-mention-house-prices-to-the-japanese/
  12. I totally agree with this. No sign whatsoever of wage inflation. What happened to house prices in Japan after 1991?
  13. On Question Time last week Ken Clarke said that FLS was working for the mortgage market. He didn't even bother mentioning businesses.
  14. Your wealth will be another's indemnity one day.
  15. I wonder how much that guy's "pension" will be worth in real terms later in his life. My current thinking is that it might be a bad move to put all of your eggs in one basket like that. I'm trying to understand, using Google, what will happen to house prices and interest rates if inflation really kicks in. The historical thing seems to be that inflation causes people to run to property and rely on wage inflation to make the debt easier to pay. But we are in a situation where house prices are still very high and wage inflation doesn't look like a possibility. So what will happen?
  16. The comments in the Daily Mail are seriously hostile towards the idea. You have to suspect that alot of Daily Mail readers are BTL'ers and really don't like the idea of attacks on their unearned wealth.
  17. And they steal our savings to fund their wealth. Conservatives are lower than animals.
  18. Yeah, the Nobel peace prize is one of those institutions with a halo that as you get older you gradually realise is actually just a crock of shit. The Geneva Convention is the same.
  19. This kind of thing will only increase hostility towards the EU. What cloud do they live on? One of the weirdest things I've ever seen was that Herman Van Rompuy guy collecting the Nobel peace prize. These are the guys who, in my opinion, are taking us ever closer towards internal war. To see them get the Nobel peace prize was the height of absurdity. I'm reasonably pro-EU, but with reservations. But the disconnection to reality that I see in these idiots is really alarming.
  20. These days anything which comes after anything else is progress and "our" curious journey through the wonder of life.
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