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Everything posted by PeanutButter

  1. Dunno. Never bought it but I'd assume London price is probably £3, plus another couple for a coffee.
  2. Proper greasy takeaway? Or a Pret porridge for breakfast and a shop sandwich for lunch? I don't do that but yes, many people I work with do that. They're also likely to order a delivery for dinner. Personally I've only used Deliveroo once, out of curiosity, and won't be doing it again. Food tasted gak and the delivery man woke up my whole neighbourhood scootering around.
  3. https://www.telegraph.co.uk/property/house-prices/end-londons-house-price-slump/
  4. https://www.estateagenttoday.co.uk/breaking-news/2019/6/southern-england-facing-a-year-of-selective-price-falls--zoopla?source=newsticker
  5. Not sure about peak obesity tbh: https://www.gov.uk/government/news/record-high-levels-of-severe-obesity-found-in-year-6-children There's room for these figures to climb, as austerity forms a part of the problem.
  6. What interest does the govt have in keeping families together really? They probably see far for 'value' in forcing worker movement and house turnover.
  7. At least they can always fall back on their deforested, overgrazed, overfished, pest-riddled (20 new pests or diseases a year), polluted, over-developed natural environment...
  8. https://www.theatlantic.com/family/archive/2018/06/marshmallow-test/561779/
  9. From my perspective I knew this would happen and agreed multi-year let. At the end if they stay I'll boot the agents and go direct, not looking to increase and if they ask for less without taking the p I'll say yes. If they want a long lease they can have it, or rolling. My margins don't rely on extracting the last penny out of people like a dbag - partly why I think tenants should have better access to researching the financial situations of their prospective LLs. Knowledge is power.
  10. Just checking you know this is a House Price Crash forum where people (mostly) think houses are too expensive and encourage each other to find distressed sellers and negotiate hard? And I'm sorry that you had to go through that situation, it's a tough one. Thanks to austerity and the constant lowering of standards for workers (zero hours, minimum wage, gig economy, broken unions) it is inevitable that many people will fail to save for retirement, choosing instead to prioritise their current bills. However, this is also simply a press release for Aviva which benefits them directly and shouldn't have been written as news so much as one industry perspective. Aviva wants to make money.
  11. https://www.theguardian.com/money/2019/jun/15/letting-fees-ban-agents-urge-landlords-to-increase-rents
  12. https://www.theguardian.com/business/2019/jun/15/second-homes-now-worth-nearly-1tn-to-britons
  13. Easy, since they're both ponzi scams https://www.macrobusiness.com.au/2019/06/australias-skilled-migrant-visa-sham/
  14. I'd add that job security is also a factor here. I'm sure many of the mortgage holders who work at Honda Ford Jaguar Airbus HSBC Panasonic Toshiba EasyJet Hitachi P&O Sony Lloyds Barclays AXA UBS EBA Unilever Schaeffler Dyson JP Morgan Flybmi EMA MoneyGram BMW Vauxhall Nissan Toyota Bombardier Body Shop Dudson Of Stoke-On-Trent Burberry Quinn Michelin or BritishSteel may feel as if the flexibility of renting would be handy for the next few years.
  15. https://www.theguardian.com/business/2019/jun/14/kier-looks-to-offload-housing-division-as-debt-fears-mount
  16. I detest the place, it's like a giant disneyland but with signs warning tourists not to display affection. The sooner it falls back into the sea the better, along with the convenient modern slavery built on desperation and lies. And I assume a lot of ME expats are absentee landlords over here too. Knock on effects...
  17. https://www.nytimes.com/2019/06/12/nyregion/landlord-rent-protection-regulation.html
  18. I'm sure I've made my views on human population clear here before. The 'good old days' (say 1950s) were not simply a time of cheap and plentiful housing, secure jobs and low mortgage multiples, they were a time before the world and the UK was inundated with human beings. When a resource (people) is rare it is valuable. When it is plentiful it is worthless. Feeling worthless is hardly the path to mental health. However, this is off-topic and I understand many people on HPC are in the same situation as the OP, wondering what the future holds and whether to stick or twist. A tough call to make.
  19. You say it doesn't feel as if prices have come down - what are the exact market stats in the areas you're looking at? What time span are you comparing over? 5 years/10 years? Does rental compare favourably? Are you able to secure a long lease? If you keep renting is your saving outpacing any inflation? ie Will you at some stage be able to buy for cash? If not, how do you plan to pay for rent after you retire? One thing I've learned from personal experience is that every choice involves a compromise unless you're ridiculously wealthy, and even then, they'll compromise on a 10 car garage and 2 lane bowling alley instead of 20 cars and an olympic size pool. Life is a series of compromises. And as ever, consider the mental benefit of being able to put these thoughts away and move on with your life. Best of luck in however you decide.
  20. Perhaps it would make everyone happier if private ownership of land was forbidden and the state kept hold of all such assets? No intergenerational competition then.
  21. Competition and Markets Authority to look at mis-selling and potentially unfair contracts https://www.theguardian.com/money/2019/jun/11/watchdog-investigates-leasehold-trap-for-uk-homebuyers
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