tenroom

Yes well we're all entitled to an opinion but unfortunately, nothing changes the fact that London property values are significantly more robust than those up north . . . That notwithstanding, as I said . . . this party's over . . .

If it was located in the **** end of the country like most of the posters on here, then sure . . . Fact is, it ain't.

This party's over . . . Sell everything . . .

Jesus . . . listen to you guys It SO hasn't started yet . . . .25% and you're all cumming in your trousers . . .

estate agents around here aren't the slightest bit bothered. They're still short on sale instructions and they've still got buyers screaming for 2 and 3 bed flats as well as family homes. I think it's time to sell up . . .

My dear, deluded Pluto . . . Walthamstow is not prime London housing stock. It won't benefit significantly from the City bonus effect. Oooh, a syringe in the park big feckin' deal. You realise that people use drugs outside the big, bad city too, don't you ? Your friend obviously has very stupid children if he can't trust them NOT to plunge the first hypothermic needle they come across into their veins but, seriously, surely he did some research into the area he was buying into ? I wish the City bonus crap was, indeed, crap but it ain't . . . not here that's for sure. It's been bittersweet . . .

It's only the bear desperadoes who are making a fuss. I remember when the rise in August was announced. Man this board was SWAMPED with members and visitors saying pretty the much the same thing as they are today - namely that the party's over, there'll be blood on Rightmove and a devastatign recession will ensue . . . Let today's news die down and by this time next week, there'll be the usual whingeing from bears about how long they're gonna have to wait to start their BTL protfo . . . oops, sorry - get on the housing ladder . . .

Oh shut up ! Do you really tink a vendor is going to drop his asking price cos interest rates move up by a piddling .25% ? We're not talking about buying a feckin' Mondeo and askin' for a £100 off to have a bodyshop polish out a scratch on a wing mirror or to replace a blowin' back box . . . . Go on . . . . if you're buying, take Pluto's advice and see how quickly you'll be back surfing Rightmove . . . .

God ! You lot are such incredible snobs, it's unreal. I suppose you all live in prime locations in perfect houses behind electric fences and where all your neighbours are Porsche Cayenne drivers, right ?

Oh FFS, here we go again . . . hard-done-by Jack Carter playing the race-card, whinging about being white and not being able live anywhere in safety . . . except Bermondsey of course

I think mortgage approvals int he article's context refers to cases where there is a mortgage offer. Take what RB says with a pinch of salt.

Well considering that, according to many bears on here, most BTL landlords are suffering long voids at the moment so it shouldn't be difficult to find something else.

Ole, indeed !

If you're losing huge market share . . . yeah !!

Are you sure ?

I read somewhere yesterday that British Gas and a load of other large gas & electricity suppliers are going to be making some "very significant" price cuts which might reverse the near 25% hikes we've suffered recently. If this dents inflation, we could all be looking at lower interest rates. Good and bad news for anyone looking to move up.

Oh come ON, mate You can't be serious ! Are you really saying that because a benefit junkie sees a banker earning the million a year that he knows he hasn't the education, experience, gumption or sheer balls to go out into the world and lay claim to himself, he should feel perfectly justified in pissin' about at home or down the pool hall on us, the beleagured taxpayer ? There are countless training courses available - often free to those on benefits - where one can train into a skill. I mean, I recruit IT guys for banks and financial software houses and the sheer number of roles that go begging for people with the most rudimentary of support skills is staggering. Ok, they ain't payin' top buck but for fukk's sake, it's a start. A year or 18 months down the line, you're getting cross-trained into something that within 3 years is paying you 30 large a YEAR. I don't rate bankers/traders that highly - I'd like to think I've got the nous to to their job if I'd had the training but, frankly, I'm way too lazy and hedonistic to even contemplate putting in the kind of hours many of these guys do . . . regardless of the rewards. The truth is that when I was out and about on the town lashin' it up, shagging birds and wasting my time, these guys were cramming, working on theses or coursework. They put in the graft to begin with and now they're coinin' it. I'm not saying which way was right or wrong - I really don't think that's the point - but I don't begrudge them what they earn and i certainly ain't gonna hit the dole cos i can't afford a penthouse overlooking Holland Park.

And he didn't remind us of the source's impeccable record as regards credibilty not to mention the fact said source was nothing more than a scummy VI just t'other day.

No one is saying that we shouldn't aspire to a better standard of living but surely we're not suggesting that no one gets off their a*se unless the salary can buy 'em a 2 bed flat in London ? I'd rather be earning some readies than rotting on the dole watching fellow layabouts on the Jeremy Kyle show every morning. Even £250 a week working at Tesco has to be better than £55 a week JA and housing benefit on a dingy flat . . .

Well this plan isn't aimed at them, is it ? It's aimed at the long-term unemployed who are able but not willing. None of those constructionworkers could be called workshy. They'll more than likely sind alternative employment. But those Poles aren't living on the street are they? They're living in rented accommodation. If they can do it, why can't the Brits ? If they've got families, the government offer supplements which do bring their income up to a level that gives them more money than staying on the dole.

No argument here. They really do put in the collar. 14 hour days are not uncommon. I think many of us would do those kinds of hours for that level of remuneration. I do think the sums involved are perverse but then again there aren't as many people who can do the jobs these guys do. What irks me is that. ethically, some of the practices employed by the banks to make these astronomical profits would make the routine overcharging on things like unauthorised overdrafts and bounced cheques seem no more outrageous than sneakily eating a liquorice allsort at Woolies.

There is a target demographic in the minds of those who hatched this plan. I don't think they're after the 55 year old who no one'll give a job to cos he/she's knocking on a bit. They're gunning for the lazy, good-for-nothing toerags who simply refuse to work . . . The thing is, these people are already supplementing their income with criminal activity whether that be doing a bit of mini-cabbing on the side or robbing at knifepoint. If they're doing it anyway, why pay their fukkin' rent ?

For some . . .

The highlighted portions of the sentence don't imply that I've a problem with white people any more than someone depicting the scene at a reggae party using a phrase like "loads of black people making a hell of a racket 'til way into the early hours". Both statements are factual although I s'pose, in hindsight, it could be misconstrued as a disparaging remark. By "bland and soulless", I meant they just look as though they get their ideas of idyllic existence from the "style" page of the "Homes & Money" property supplement of the Evening Standard rather than implying they ought to be immersing themselves in alternative cultures. No I'm afraid it doesn't occur to me that poorer people are being targetted by the big chains. If this was true, the afore-mentioned coffee shop globals would've been on the Portobello Road years ago instead of riding the new money wave. I don't see poor people queueing up to dish out £2 for a cup of coffee, do you ? I'm just saying that it'd be really nice if more of the newly-moneyed developed their attitudes towards communities as vigorously as they develop their bank balances.

There is and was no need to backpedal. I haven't deviated from anything I said in the post on page 3 of this thread. It is YOU who feels somewhat stupid for accusing me of complaining about there being more whites than blacks in the area. My attitude toward these people is analogous to that of the priced-out FTB's feelings toward "sheeple". They're bandwagon-jumpers piling into an area they've heard is full of nightlife, multi-culturalism and they believe that by the mere act of moving in, they are afforded some kind of instant "cool". Why bother trying to integrate or get to know the locals when you can just plonk a cool £500,000 down for a one bed flat. You know as well as I do (if you're much older than the puerility of your posts would suggest) that whether it be communities, music or art, as soon as something is seen to generate interest or a "buzz", big business rocks up and throws huge amounts of money at it but not before sanitizing it to make it more palatable a wider audience. Suddenly, lots more people buy into it and slowly but surely, it loses it's edge because new arrivals or additions have nothing to add to it . . . except money. This has been true of music scenes, theatre and communities.