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House Price Crash Forum


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Posts posted by PeanutButter

  1. 16 minutes ago, Trump Invective said:

    A while ago I posted about an ECONOMIST at a prestigious university having just bought in the summer for £1m. I thought he was insane then, I havent changed my mind, and I also think YOURE AN ECONOMIST! What the hell are you doing? An equivalent to my rent for the last 6 years has been skimmed from the value of your place before the paint has even dried. Crazy.


    Many economists also believe in infinite growth on a finite planet...

  2. 12 hours ago, localhero1983 said:

    Yep, people will say "Perfect storm again, yawn, heard it a dozen times", but the negative economic weaponry  around the world and in the UK has never been like this before. We will see our biggest mistake one day not doing the serious repairs needed to our real economy back in the 2008 financial crisis, ideally it should have been around 2005.

    All I needed to hear was “China slowing” and I felt a chill in me ole bones. 

    As ever, my question is how to mitigate, how to prep, and how to outlast. 

    Storm ahead? Here’s how to prepare for a financial crisis

    As the IMF warns a downturn could be coming, we examine how you can protect yourself


  3. VC injections for short term profits and massive expansion have diluted the sector. Uber Eats and Deliveroo + supermarket meal kits also play a part.

    “Hot” eateries in London still have stupid no-bookings and queues but the chains are hardly buzzing.

    It all feels pre-recession to me.

    I monitor a specialist second hand item market at auctions and online and assure you that people are not spending anything like they were two or three years ago. 


  4. Tick tock 

    Global economy fears rise as manufacturing growth slumps in China


    Fears are growing about the state of the global economy after a slump in Chinese manufacturing output growth and a dramatic slowdown in business activity across Europe and the US.

    Stock markets sagged on Friday as China‘s government said industrial production and retail sales slowed in November. Traders were also spooked by surveys that showed French business activity contracted this month and the US economy slipped to its lowest growth rate for 18 months in December.


  5. 5 hours ago, prozac said:

    I went to Japan 30 years ago I enjoyed it, I saw the good and bad points like everywhere 


    let me guess you popped a Japanese girl in your formative years and now you think they are  gods gift to the planet earth 


    And nah, everyone knows I’m god’s gift to the planet earth.

  6. 1 minute ago, prozac said:


    Japan’s Prisons Are a Haven for Elderly Women

    Lonely seniors are shoplifting in search of the community and stability of jail. 

    You should probably never visit Japan, it's an absolute hell hole. Traffic jams everywhere, huge pollution problems, roving gangs of marauding elderly ninjas, expensive travel, extremely dangerous. They definitely need a lot of foreign migration to fix such a broken country. I barely made it out alive last time. 


  7. 50 minutes ago, fru-gal said:

    Does Japan have a welfare state? This only works if the new immigrants will be working and paying taxes and not a net burden on the Japanese state. 

    I have rarely seen homeless people in Japan. The ones I have seen have not looked foreign. The homeless people often have small spaces they keep tidy, even having little gardens under bridges etc. From what I have heard there is a strong cultural aversion to women being homeless and they are generally cared for, more so than men. 






    More of Japan’s non-Japanese are living on welfare


    The number of non-Japanese here relying on social welfare has grown significantly over the past decade, a labor ministry official said Monday, as the elderly in their ranks increase at a rapid pace.

    A monthly average of 47,058 households with at least one non-Japanese member received public financial assistance in fiscal 2016, compared with around 30,000 in 2006, the official said.

    Authorities say the rise in foreign beneficiaries appears to correspond to the general trend of Japan’s graying population.

    “Although the exact cause of the growth tendency is unknown, we’re aware the ratio (of non-Japanese on social welfare) is the highest since we began collecting relevant data in 1997,” said Yoriyuki Harada, who is in charge of welfare programs at the Health, Labor and Welfare Ministry.

    Harada explained that while the number of elderly, regardless of nationality, receiving public financial support in Japan has been growing, the overall number of welfare recipients of any age has been declining.

    Among foreign nationals, he said the Korean diaspora in Japan is the largest group on welfare. Their average age stood at 61.7 in 2015.

    Other major groups of foreign beneficiaries are Chinese, Filipinos and Brazilians.

    Harada said non-Japanese who are eligible for the assistance are permanent and long-time residents and their spouses. Asylum-seekers are also eligible.

    According to the ministry, social welfare benefits are provided for noncitizens on humanitarian grounds based on the government’s 1954 guidelines as an exception to the national social welfare law.

    As of January, some 2.12 million people — Japanese and foreign — were living on welfare, Harada said.

    The number peaked in 2015, when Japan was struggling to recover from the 2008 global financial crisis, he said.

    “We believe that job security has since improved,” he said.



  8. 1 hour ago, No One said:

    That's only a tiny benefit. Here  are some others

    -less demand on the land

    -less exploitation of fish stocks

    -less carbon emissions

    -more space

    -abandoned areas by humans can be reclaimed by nature

    -less hunger and suffering




    Fewer humans on the planet is entirely good. The latest predictions are being revised from peaking at 11 billion to 15 billion. 


  9. 1 hour ago, prozac said:

    If you want the cheapest cost workers you will not be able to put that stipulation in.

    One if the reasons Japan would benefit from immigration is that you would have people that think differently 

    Do you not think Japanese culture has hit a wall 

    To be honest I feel like all your questions are vaguely trolling.

    Define 'hit a wall' and explain why you believe endless human population growth on a finite planet is good for humans and the rest of the biosphere. 

    As for 'have people that think differently' do you mean all nations should be forced to incorporate multiculturalism against the wishes of the majority of the population? Crushing the will of the people and forcing them into changes often ends badly. 

    And my experience of Japan has always been that they do not want 'the cheapest' they want THE BEST. That is why their culture (the one so many people seem to want to dismantle) has given the world excellent vehicles, ground-breaking fashion, robotics (did you know Boston Dynamics is owned by SoftBank Group?), renowned skincare, photographic equipment and many others


  10. 22 hours ago, fru-gal said:

    Do you actually receive goods sent from China? I order stuff from there and half of it doesn't turn up or is the wrong thing and I just get a refund from Paypal as they don't send it tracked. 

    Yes, the first couple of times I got duped, the tat arrived after a month or so. There are regular complaints on ebay and amazon seller forums about tax free chinese sellers listing goods as in the uk and then shipping them from china, then telling people to return them to china if they don’t work or want a refund.

    On 18/11/2018 at 09:14, Saving For a Space Ship said:

    Did check a couple times. Can’t be bothered now. I just want items sold in UK to UK buyers to all be kite marked or otherwise safe/checked and have the appropriate tax paid. 

  11. Whatever they do (and I’ve visited many times and have Japanese friends) I sincerely hope they tie any visas to mandatory language acquirements. Allowing ghettos of foreign workers speaking only their home language defeats integration completely (and no, I don’t consider second and third generation fluency to be adequate).

    No language = no integration = no cultural understanding and respect = problems

  12. 29 minutes ago, Confusion of VIs said:

    I think that's unfair, studying at Eton is like going to university at 13.

    It is stretching and requires self motivation and resilience to succeed. The fact that there is a surplus of bombast, bluster and buffoonery in our Eton educated politicians tells you more about the type of person who succeeds in British politics than Eton.  

    How to oil, how to butter up people. How to tell them what they want to hear in order to get your own way.



     It’s like Dermot O’Leary said the other day: ‘We trust an Old Etonian in this country. We just do — even if we don’t know we’re doing it. It’s bred into us that they can run the country.’

    AKA Serfs gonna serf.

  13. 36 minutes ago, Locke said:

    No; change.

    These people want fewer people (and especially white people) around, and they want to achieve that using violence. That is a death cult.

    The biggest polluter and enabler of pollution and overconsumption is the State. Someone who actually wanted to "save the planet" would demand a reduction in State spending and a total ban on State borrowing.

    If you do not agree with that, you literally do not give a flying **** about the planet and are just obbsessed with micromanaging other people's lives.

    You actually believe the human population can continue to grow infinitely on a finite planet as long as 8 billion people (and counting) have consensus on banning “State borrowing”.


  14. 19 hours ago, happyguy said:

    How can it be stopped.  People will always want to drive cars, have heating, all the modern appliances in the house. 

    I recycle everything but I do wonder what the point is with a massively expanding world population and nations like China who open a new power station every 5 minutes.  

    I think the planet is doomed thankfully not in my lifetime.  

    How many years do you figure you have left? 

  15. 1 hour ago, oracle said:

    could see that happening. can we borrow steve bannon from across the pond   as go-between them and uncle sam.

    Heard a few of his university speeches now and I like him a lot. definitely singing from the same hymn sheet.

    Can’t wait to sell our democracy to wife-beater Bannon’s billionaire masters. All bow down to the mighty yank oil dollars. 

  16. Yes! A post about house prices in the house price forum. Who’d have thought.

    3 minutes ago, Pebbles said:

    Looking hopeful but lets treat this figure with the same skepticism as we treat this index when it rises. It is based on a single lenders mortgage books and excludes cash buyers obviously.

    Fair point. 

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