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House Price Crash Forum


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About winkie

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    I live on HPC!

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  1. ....someone spotted him as a cardboard cutout supporter at a football game in Sydney.....how did he get there?
  2. Equities are not of real value.....only as valuable as how they are manipulated to look like of value and how many are prepared to throw money into them....
  3. What does anyone mean by unemployed?.....unemployed working for others to earn money?.......many are very invaluably employed no money/cash/fiat/numbers on a statement passes their lips nor enters their hands, continually working, never stop.....
  4. True that very many will benefit from Brexit......thousands more UK citizens will not, just they don't know it yet.......not saying the EU is perfect....but far better than the other options.
  5. Some big charity shops have moved out of the high street....big industrial estates, selling big ticket items like decent furniture etc......
  6. All we have left to improve on is our infrastructure..... something that has been neglected big time when compared to other 1st world countries not including certain big ones.....if foundations made of sand, doesn't take much to subside.πŸ˜‰
  7. Charity shops are a good thing......many wouldn't have the things they do have if it wasn't for others forever wanting new upgraded stuff, replacing good stuff with more stuff, getting bored with perfectly adequate stuff to get a 'feel good' factor shopping for something new.......there will be an influx of new Preloved quality items flowing into charity shops over the next few months, lots of clearing out being done over lockdown.....after that the quality and amount will decline as more will tighten their belts to, make do and mend.πŸ˜‰
  8. Some will do very well out of it, others will ride it through by spending less money but still having an acceptable standard of living, they will find many things that are free give a better quality of life or standard of life than some stuff they used to buy that used to reduce the standard of living.......we will have fewer freedoms and choices, not so many items able to buy, many goods and services will disappear, new ones will emerge that will be of poor standard, poor quality, poor customer service......new products and services of a better standard will be available to buy, but only available to those that can afford the price or the debt......many will fall out of the middle class to working class from white to blue collar workers, from secure work to insecure unstable erratic work, a safety net with holes in it more will fall through......because of automation replacing people's labour many of us will have more time so less money a few more time and more money..... the growing gap of inequality will become more visible.πŸ˜‰
  9. There will be loads more new business start-ups always will be......one fails another stars up.....lenders do not tend to lend well to start-ups without a big own cash investment and a brilliant plan..... a mortgage forget itπŸ˜‰
  10. The extent and the generosity of the furlough just goes to show how bad the economy is, even before covid19 many business were living on the overdraft, poor cash flow just covering wages with late paid invoices....covid has uncovered how vulnerable many really are and have been.....both in health and wealth.πŸ˜‰
  11. Nationwide is/was a building society......their business is to lend money to buy houses .......they do not pay the best interest rates to savers.....they thrive on debt not savings, savings are a liability.πŸ˜‰
  12. There are those that will carry on as usual..... likelihood will only get flu like symptoms will survive, get it and survive a bonus.......there are those that will 'try' to keep distance from others inside with face masks, gloves, hand sanitiser if inside, not necessarily outside, and those that will still not exit four walls of household.....they will also prevent household occupants they live with from going anywhere soon.......go for a walk and spot the different styles......not hard to spot.πŸ˜‰
  13. Once the debt has been secured.....the lenders will own most of the asset.....it is in their interest to keep rolling over the debt, earning ever more interest or income from that debt...... long-term they are forever collecting rent, the asset they will continue majority or partially own.......Today few will own anything, everything is rented.πŸ˜‰
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