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House Price Crash Forum

Charles_Darke

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About Charles_Darke

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    HPC Regular
  1. If you're not getting wage inflation, then you're not going to get a real HPC caused by wage inflation effects. Thing is, can you count on nominal falls?
  2. I disagree. Assuming you don't want to rent for life, you were previously short on property and had to buy. This means you were exposed to property prices and if then went up, you'd have to pay more. Now that you have just the property you need, you are hedged. So you are no longer exposed to property prices as it doesn't matter whether they go up or down for you since you're just going to live there. Only those short (houseless/STR) or long (BTLers) are exposed to house prices as they will have to either buy or sell at a future date.
  3. I think he might be referring to Gordon's masterful management of UK assets when he sold off 60% of the UK's gold reserves at just $275 an ounce (close to a 20-year low). Well done GB! That's £4bn down the drain then.
  4. Not if you generate power using nuclear. Seems to me that the UK govt are waking up to the fact that nuclear power is the only viable future energy source for the UK and that they're now trying to work out how to convince the UK voter's of that.
  5. Maybe the best 50% will get taken first. Or the cheapest 50%.
  6. For some reason, this quote makes me think of a quote about internet and tubes...
  7. Self-selecting sample. Those that are still around to be compared are obviously the ones that need to be reduced to sell.
  8. ERM. You forgot to tax the interest on the account. Which would mean a return of £118k rather than £213k.
  9. I think the point is, if you buy a home, you don't care about the cost of it any more. It's a place to live in, not a profit-making machine as some STRers/BTLers on here think.
  10. Maybe they did, but I bet you they'll have the ear of politicians. Like it or not, you can expect future policies to pander to the home-owners. The fact that FTBs are being screwed over won't matter.
  11. I was saying that physical presence isn't enough to guarantee job safety. If you disagree, that's fine, but you seem to be arguing against yourself in that case.
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