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House Price Crash Forum


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Everything posted by PeanutButter

  1. Dogs, particularly ones with pink noses, are susceptible to skin cancer.
  2. I think it’s a combination of fear and stubbornness. It’s scary admitting your children and grandchildren will live (and die) in a vastly changed environment.
  3. I had an excellent South African NHS dentist for many years, but he eventually went private, alas. Edit to add, my new dentist has a litany of woes and tells me he had a choice of dental or medical professions as his whole family is one or the other. He hates it and has chronic back pain.
  4. Need to see some inward and outward migration numbers for medical professionals. But yes, I think we are heading for a crisis.
  5. Cool story bro. Now go and spruik some fairycoin to anyone queuing for water. I’m sure they’ll be very interested in your explanations for how it will fix the 32% unemployment rate. Do report back.
  6. Trolling the third world…low, even for a coinboi.
  7. BINGO! 🤣 Meanwhile, in Germany At least 58 dead in Germany as heavy rains bring catastrophic flooding Meanwhile, in London London floods: ‘We had water gushing at us from all angles’
  8. Magicoin requires connection and electricity. Now solve rolling power cuts and low literacy levels (yes, you need to be able to read to own a mobile). https://www.bloomberg.com/news/articles/2021-06-02/south-africa-s-eskom-extends-power-cuts-to-friday-as-plants-fail Oh but why is the nation's electricity provider so broken? https://www.bbc.co.uk/news/world-africa-50854186 Until the corruption is rooted out and power stability maintained, it's a tough sell.
  9. Good point. All were united against one enemy, and when that enemy fell the bonds remained. But listening to voters now, they’re appalled at the corruption endemic in the ANC but equally don’t feel there is any viable alternative. Sounds familiar!
  10. It's a joke? OK, It was quite surprising coming from you. Cheap labour to build the housing too. You pay your bribes and build, there's not the whole delay we have here where developers have to 'donate' to Tory MPs or find them board places. SA build quality is actually pretty good IMO. I just think the tribal mix, political background and vested economic interests are very different. It's really tough as an outsider to grasp how allegiances form and shift, how cultural norms are deeply embedded and how this plays out when poverty and violence are added. IMO Zims was broken for too long, and SA has learned from that. You can't absorb thousands of economic refugees and not learn what to avoid. With the black middle class in SA there's a natural anchor against destruction. They don't want to lose their cars and houses and possessions that only a couple of generations ago would have been unthinkable to obtain. Zims didn't have that steadying influence and still doesn't.
  11. South Africa will be just fine. It is very different to Zimbabwe. And I think it’s a shame you’ve never met Desmond Tutu, you should make it a priority. Personally I have noticed huge changes in my visits there. There is a black middle class now. Black professionals. Black owners and managers and CEOs and entrepreneurs. Black artists. Black creatives. Black people buying cars, getting credit, fuelling capitalism. And you know, there is a white and mixed race underclass that few people want to acknowledge as well. It doesn’t suit the narrative when whites live in poverty too. SA encompasses all that and more. It has absorbed huge inward migration flows from northern countries. It’s not a country that works well for sweeping statements.
  12. https://www.theguardian.com/environment/2021/jul/14/amazon-rainforest-now-emitting-more-co2-than-it-absorbs
  13. The Fed will have to clearly signal before they do anything, right? They don't want the markets taken by surprise.
  14. How are markets reacting to this? I'm on a call and can't check.
  15. Who was it here that noted used car prices going up? UK inflation jumps to 2.5% as secondhand car and food prices rise https://www.theguardian.com/business/2021/jul/14/uk-inflation-jumps-as-secondhand-car-and-food-prices-rise
  16. It's almost as if particles behave differently when observed...
  17. Big scenes of looting in SA. Could spread. Deprivation gone on too long.
  18. Go on, make the link between Len, Gerard and Ian and rising UK house prices. Just admit it. The Tories are in the pockets of big builders, bought and paid for, and we won't have a crash or anything resembling normal prices until that corruption gets dug out.
  19. Oh INDIVIDUALS is it? Which individuals? Why type of individual and how much? Because I think I have a good idea what individuals are giving the most money and holding the most sway. https://www.opendemocracy.net/en/dark-money-investigations/revealed-the-elite-dining-club-behind-130m-donations-to-the-tories/
  20. You can't say that men are not women. https://www.dailymail.co.uk/news/article-9776495/Violent-offences-committed-men-self-identify-female-distorting-crime-figures.html Well the DM can because they have lawyers, but most people in public positions can't say it without getting cancelled. Just this weekend met a lovely chap who has bought a flat in the Barbican. Excellent timing as I think we'll see that CBD flats will get pumped up by govt interventions (aka tax payer to developer pocket lining scams) soon enough. Rents, not so easy to predict. Is WFH (in the middle of the countryside) here to stay? I have my doubts.
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