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Everything posted by winkie
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Dogs roll in foxes....
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WHAT THE HELL IS GOING ON ?!!!!!!!!!!!!!!!!!!!!!!!!
winkie replied to Maghull Mike's topic in House prices and the economy
Nobody is in control. -
Good for them and may they live long happy and healthy lives.......this is not about those that have that are enjoying themselves in later life...it is about the 10% of the population that have been passed ~ £300,00 or more to them from above, being at right place right time, born to the right people.....it is the growing inequality that is the problem, that will only get worse.. Work hasn't been paying as much as wealth and asset holding, paying less tax on wealth than work and spending. Much inheritance will be frittered away or lost, for some it will be their only ever chance of ever owning their own home......most will get very much less or nothing at all.......some are drip fed help throughout their life....
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Black is white and up is down.........2+2 =5. A stew or a hotpot?
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Do Landlords provide a valuable service to society??
winkie replied to tbeckbeck's topic in House prices and the economy
It is not landlords per se it is our rental legislation......not enough social housing to rent, a cap on max rent increases each year, 'no fault' evictions, ASTs ...some of the the things this government said they would look at to make renting more secure, and have done precisely nothing...watered down renters reform bill......no backbone. https://www.bbc.co.uk/news/uk-politics-68686660 The Liberal Democrats accused Mr Gove of caving in to Conservative MPs and leaving the party's 2019 manifesto promise to ban no-fault evictions "in tatters". -
Nothing huge about it.....people are using less energy because of the cost of living crisis, trying to find alternatives and different ways to keep warm, wash and cook......average usage means nothing, standing charges higher than ever been.
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Kevin says first time buyers should move away to buy. https://www.joe.co.uk/news/kevin-mcclouds-advice-for-first-time-buyers-in-the-uk-is-move-to-germany-430817
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Once paid for your own castle, doesn't have to be big or a place converted by others, wealthy people wouldn't take a second glance, nice and cosy cheap to run and maintain, nice outside places, nice people, nice places....then can buy a place with what have saved to buy another place for even less in a better place.......don't tell everyone. Two for the price of one big one that is not wanted or desirable, flexibility and adaptability?.......less is more, what you don't owe shouldn't worry you.....nothing is a given, working for what is worth working for....leading a trend not following.
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Witness the end of "Wokeness"
winkie replied to Maghull Mike's topic in House prices and the economy
Someone not awake or aware, asleep at the wheel.......still charging the batteries,might be some time. -
OIS Forward Curves ('Bank Rate' implied by markets)
winkie replied to Data Dave's topic in House prices and the economy
So many things about him and what he has said don't add up.......of course we would all love the things but he loves, drinking real beer, in the not so real life he lives, swimming with the seals and dolphins...... everything getting cheaper and cleaner.......but his salary now £200k his words and expecting an above inflation proof pay rise, living in the house overlooking the water paid £2.50 for. -
US bank boss warns interest rates could rise to 8%
winkie replied to fellow's topic in House prices and the economy
Different global low cost ISA trackers, diversity/hedge not done bad......drip feeding over time, buy more when price low.......sit back, relax and enjoy the ride.