Si1

I'm repeating myself, but over the past few weeks there has been a lot of bad conservative VIs objecting to new house building, with poor emotive arguments this comes across as a large slap down for them - says think of the children, paint anti-development as immoral this SOUNDS like Cameron spinning puppets, being a media chap and all that apologies for repeating myself

the biggest but not the most nimble in the longer run, a better property market makes a stronger economy and is beneficial to the banks, given a decade so not all banks will be oriented the way you suggest

on ITN news tonight also - I feel that this is a concerted effort to use the media to outflank NIMBY VIs

Denial Anger Bargaining Depression Acceptance got as far as Bargaining in the grief cycle, but gone straight back to a spasm of denial, with a spattering of po-faced bargaining 'sure even if house prices fall rents are going up' EA depression next, that will be fun!

except tax laws are both favourable to owner occupation AND BTL within the UK they are specifically disfavourable to owner occupation in switzerland the former promotes bubbles, the latter does not your point was idiotic and clearly VI

people rent in Switzerland because of the tax laws, not because of some buy to let landlords HPI forever wet dream

true one benefit, and very fair benefit, from the NHF's spiel is the call for more house building, this counters the tory nimby bullsh1t being spouted AGAINST development elsewhere

what do you mean 'only' - that group is the majority

good grief

Whitby's lovely, but this loveliness, for the most part, does not make it an exception from basic investment criteria - overpriced is overpriced i suspect the fall of the value of the £ has helped it over past 3 years, a lot, but then again I doubt this situation will last forever

corporatist non-jobbers, be they corporatist NHS troughing middle managers, council senior management, or city bankers, are all so concerned abotu everyone elses' wellbeing aren't they? surely they would all admit that the economy would benefit if they worked for a hell of a lot less money, or maybe for free for a few years? either that or they're big fat liars

this is why it will take 20 years

long term FTSE profits / strockmarket yields (ex inflation) over the tricky coming decades, at best guess, seem to be in the 6% ballpark, meybe a bit less simple arbitrage says fair value for any asset (unless you have Warren Buffet like nose for future profits) should be based on an ex inflation yield of the same 6% - since long term property price datasets suggest that house prices (including in the UK) simply follow inflation over the long term, then this translates into a marginal imputed rental yields, after stripping out expenses etc, of 6% equates to fair value - ie taking your imputed rent minus your costs and a yield above 6% indicates bargain territory, but do bear in mind to consider all costs

someone needs to tell them that Manchester isn't in the North East

http://www.zoopla.co.uk/to-rent/details/97021 you can rent somethign similar for 350 pw putting capital value in the sub 250k region, with a view to future IRs, reversion to the mean etc go for it mate, I like a laugh

+1 renting for the next 20 years, but buying IF a nice house comes up that it is worth the premium for (I have a more interesting/better career over that period if i take temporary contracts and stay mobile, so I am tempted anyway to do the former)

go for it mate I give it 20 years to bottom in real terms - mini bottom 4 years from now and then big demographic and fiscal bottom 18 years later

that's a gorgeous classic old Panasonic/Technics direct drive turntable - the pitch-stability on that sound is CD-like. lovely they hold their value quite well, well trendy these days

there hasn't been a 33% increase in population, there are no solid numbers anywhere to suggest this and if there had been, then even then, your last 3 points are all transient and ending right about now

things have turned down since, going on sheeple sentiment of last few months

I counted 2 sets of twigs in vases - images 4 and 7, I think

moral hazard, again, leeching public workers and banksters need resetting, otherwise why bother working heh

with 120k equity meaning they have a 220k mortgage currently that DH pays for