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House Price Crash Forum


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About enrieb

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  1. Map of properties in England and Wales owned by offshore companies. http://www.private-eye.co.uk/registry IN September 2015 Private Eye created an easily searchable online map (see below) of properties in England and Wales owned by offshore companies. It reveals for the first time the extent of the British property interests of companies based in tax havens from Panama to Luxembourg, and from Liechtenstein to the South Pacific island of Niue. Most are held in this way for tax avoidance and often to conceal dubious wealth. Using Land Registry data released under Freedom of Information la
  2. http://www.themeteor.org/2017/08/01/manchesters-property-investment-boom-funded-through-tax-dodging-offshore-companies-unethical-international-investment/ “If you listen to the media we are having a boom, this is great news, the Daily Mail is telling people from down south to put their money into Manchester. The local press are trumpeting a Chinese style building boom. I found this really interesting because I thought we were having a housing crisis not a housing boom.” "Financialisation The boom in buy to rent goes hand in hand with new financial packages that allow large institutio
  3. I found this News Story on a Germany website. It gives a valuable insight into why we are seeing so many refugees from Syria, Iraq, Libya and Afghanistan, it's not just that we are destabilising these countries by flooding them with weapons that intensify the conflicts that cause refugees, we are also supplying them with a form of capital that they can sell to fund to cost of getting to Europe. Kurdish fighters sell off German-supplied guns http://www.thelocal.de/20160122/kurds-selling-german-delivered-guns-on-black-market When in the summer of 2014 Germany started to deliver weapons to
  4. It does not follow that they wanted to destroy the economy for no reason, there were plenty of reasons they wanted to flatten the economy. They wanted to take power away from Unions by creating a real fear of unemployment, which was done by destroying a large section of the manufacturing base. This took the only real poitical power away from working people and left it more centralised in the hands of the wealthy. Weak unions also opened Britain up to a flood of cheap imports and debt, which grew the finical sector which further hollowed out and defined the British consumerist economy from the
  5. I just read this on the Manchester Evening News website Thousands of first-time buyers will be given a TWENTY per cent discount on their new home thanks to a government drive to help people onto the housing ladder. Under-40s who have never owned a property before will be able to register their interest in buying via the Starter Home initiative from the beginning of next year - six months earlier than planned. -------- Ministers plan to scrap planning costs and levies for house builders developing land - in return for below-market value sale prices on homes exclusively for those purchasi
  6. If you're taking finical advice from the Daily Express you're a failure.
  7. Thankyou for your valuable opinion, clearly the finical geniuses of UK politics have invented a perpetual boom machine. The names of George Osborne and Gordon Brown will go down in history, their theories and methods will be taught in all future economic courses around the world. It's literally inconceivable that the plates could stop spinning. The UK is indeed a industrial and finical powerhouse of an economy as can be seen in our debt figures and our balance of trade numbers, which we can easily witness as our products are shipped around the world, unlike Japan, who really don't make anythin
  8. I've been reading this all thread all week and pretty much agree with Vengers argument, I think most of us here do. However, I am suffering from HPC fatigue and really just can't be bothered to argue the points that we have been making over the past years, when the situation is pretty obvious. Each time the indices turn, it looks like it's about to tip, the government (pre election) implements a few new props to keep some property values inflated at low volumes, but that just postpones the correction making the situation worse. Once some positive numbers come out on the housing front the usual
  9. How could this happen, don't people realise that teh economy is recoverh
  10. I Imagine it's to do with the energy problems Europe is going to be facing over the coming years.
  11. I agree. I form my opinions based on as wide as possible base of international media, somewhere between lies a balance, they all have their own biases. The BBCs coverage is just shocking, but then again it always has been, if you regard the BBC as fair and balanced then you probably wouldn't even notice it, because it never happened, even while it was happening, it never happened, it was of no consequence, it simply wasn't news worthy. The agenda the BBC have been pushing is really quite terrifying, it puts us on a trajectory to war, in Ukraine, Africa, Syria. For an understanding of the m
  12. I think that if you can get the discount, then go for it, even at todays overvalued prices. This is more of an indirect gift to the banks though, as it's a good asset with a loan below market value with equity. Unfortunately most of the people I know who have bought, under the right to buy over the past then years, weren't financially wise, they mewed all the equity out of the property, which was either repossessed by the bank or were forced to sell when they could not afford the repayments. A btl would usually then take over the property.
  13. A comedy/advert from the Manchester Evening News. What sort of luxury does an apartment have at £97,000. Also Ordsal is not part of Salford quays/media city, it's next to it, but I expect the BTL investors have never been to manchester/england. http://www.manchestereveningnews.co.uk/news/greater-manchester-news/sixty-apartments-plan-salford-quays-7366715
  14. So Britain is once again a manufacturing powerhouse, exporting our many great products around the world leading to a huge trade surplus that will lift us out of any economic difficulty. Made in Britain
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