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House Price Crash Forum


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Everything posted by enrieb

  1. Trapped condensation will cause the container to rust sooner or later. This may seem a little in-depth, but if someone was going to invest a lot of money in building a home from a container, then they will want it to last as long as possible and not rust away after 5-10 years. I used to work as a shot blaster, so I have a bit of knowledge on the surface preparation and painting side of things. The life of the container would be prolonged by blasting it down to bare metal and spaying on an Iron Oxide paint primer. Use a good quality iron oxide primer, maybe a few layers, and then some other coating to go over that. The best quality paint jobs are usually done in a factory, where the environment is stable (temp, humidity) and where the surface preparation (shot blasting) is done properly, and the primer paint it applied as soon as possible after blasting. Less reputable shot blasting/painting firms will do a poor job of the initial shot blasting, because once it's painted you won't know for a few years until the paint starts to peel. They can also leave the shot blasted surface unpainted in poor condition for a day or two, after an hour tiny bits of rust will form on the metal but they are too small to be seen, but they will just paint over it with poor quality paint. Even thinking about the quality of steel the container is made from should be a consideration for long For insulation, the narrow boat forums probably have the best advice for price and long term knowledge of the benefits of different types of insulation. They seem to recommend Spray Foam insulation, and getting a reputable firm in to make sure it is done properly. They also use some type of tar/bitumen coating on the underside of the boat, this needs removing and reapplying every 5 years. I suppose it worth raising a container up to allow a flow of air to the underside to prevent condensation build up, another factor is where you place it. At the bottom of a slope or valley is where the air will be most humid. http://www.canalworld.net/forums/index.php?showtopic=37610
  2. Yup, that's why i deliberately left the word "shocking" out of the link title, i'm sure it was just used in the original as an emotional intensifier. It's one of those things that could blow up big time WW3, anew cold war or just fizzle into some posturing. There is no way NATO can get significant military into the location to counter posture. This is on Russia's borders, they can be there in a day, the response from Ukraine population will reveal whether it was a genuine popular revolution with mass support, or simply a western backed coup played out with the support of selective western media coverage.
  3. Videos Of Russian Troops And Helicopters Moving Through Crimea http://thetruthwins.com/archives/shocking-videos-of-russian-troops-and-helicopters-moving-through-crimea
  4. http://www.zerohedge.com/news/2014-02-20/ukraine-situation-explained-one-map
  5. Watch it again, listen carefully to the music in the background, the words are "Dumb, Dumb, dumb, dumb. dumb, dumb, dumb, dumb, dumd, dumb, dumb"
  6. I found this story on Al Jazeria from 14 December. It's an interesting read. Fortune smiles on Indian gold smugglers http://www.aljazeera.com/indepth/features/2013/12/fortune-smiles-indian-gold-smugglers-2013125133633442940.html and another from October. Eyeing God's gold in India http://www.aljazeera.com/indepth/features/2013/10/eyeing-god-gold-india-2013109153439864640.html
  7. Yeah, Like I told you, I can't afford it right now, but next January when I get paid I will Taper, If you just keep buying my treasury bonds I will pay you back double.
  8. I knew this guy from the pub a few years ago, and he would always want to borrow £10 near the end of the weekend on sunday night. He would promise to pay it back the next friday when he got paid, he would then not mention it for 3-4 weeks, if you reminded him he would promise to pay it the following Friday. Then when it came to a Sunday night and he was still short of money, he would say. Oh I still owe you £10, If you can lend me another £10 I can pay you £20 back on Friday when I get paid" Strangely enough he would usually pay the £20 within 1 or 2 weeks without any prompting. Although then, the whole cycle would begin again. he would pretty much permanantly owe on average £10 a week to each person who would fall for the trick. I pretty much see The Fed's promise to taper as the same scam on a larger scale, even if they do pay back a little, they will only use it as a proof of creditworthiness to borrow/print more money.
  9. I cannot understand this, what talk is this of a slump, surely we are at the beginning of a new economic miracle now the recession is over and house prices are rising. No more Boom and Bust.
  10. I suppose it's a bit like when banks and corporations were issuing their own Scripts in the USA. I like the idea of Bitcoin, but the rate it's gone up by recently strikes me as another outlet for the inflation bubble, like the 'Uk, London Housing market'* it's like an inflation hernia for currency. * 'Uk, London Housing Market'* (UK,LHM) I think this a term we should start using more often to more accurately describe what's really going on in this small but high profile segment of the Wider Uk Housing Market (WUK,HM). It's basically being used as an international financial investment/currency play, and has little to do with the realities of the Wider Uk Housing Market, which is related to credit availability and average wages. Can anyone think of better acronyms?
  11. Yes, wages have not risen enough for the majority, but if wages were to be doubled for everyone overnight, house prices would also double. It's the amount of credit being offered that is out of balance, this is what's pushing up house prices. Some people are dumb enough to take out 5-6 times income mortgages, and they outbid others for the houses. The sensible people are not willing to get that much into debt, at the moment the government have been protecting the people who over paid for houses, because the banks are in trouble, as soon as the banks rebuild their balance sheets normal business practices can resume.
  12. Well the weather is not too good, mandela is dead, and the uk traffic control system has collapsed. There's not going to be a better opportunity, after midnight before the weekend to, release this.
  13. Surely the 'cheapness' of nuclear power is only a by product of cheap oil. I remember reading about how it takes 5000 tones of mining to produce 1 ton of usable raw uranium, and once the good mines are exhausted it will be 10,000 tones for 1 ton. The cost of mining uranium is strongly related to the cost of energy/oil because it takes energy to get uranium out of the ground. Also the long tern costs of decommissioning and storing waste are forced onto the tax payer. I'm not anti nuclear, I see it as part of the energy solution, but it's not some magic elixir of energy as others would have us believe.
  14. don't miss the boat (rocket boat) http://www.buymars.com/mars-land.html
  15. After an Unexpected fall in house prices, experts predict house price to soar!
  16. When you're in a hole, the traditional advice is to stop digging. However the prevailing wisdom these days is to wheel out the JCB.
  17. So, let me see if I've got this right. This program has two ordinary taxpayers on an average wage, looking at how the recipients of the Bank Bailouts or Royal Family live? Because anythings else would surely be a red herring.
  18. Kevin Carhils "Who owns Britain" from which the info in my signature below is taken. Also Fred Harrisons, "Boom Bust , House Prices, Banking and the Depression of 2010"
  19. Self doubt, questioning your own sanity during troubled times is something that only sane people do, those who lack the capacity to self reflect are often mentally unbalanced individuals.
  20. I completely disagree, and it's not because I cannot admit when I am wrong, I'm wrong frequently and admit it. The situations you are describing are now in hindsight. The growth and seriousness of the credit bubble was accurately predicted by many on HPC, how the credit bubble would unwind was a matter of some debate with wildly different predictions, from deflation to inflation, some bi-flation, people even predicted that a greater credit bubble would be created. How it ends no-one can know, what we do know is the seriousness of the financial situation, and that's not gone away, if anything it's being made worse by the current polices. How many of the bubble surfers admitted they were wrong? they have simply hid away from the debate, only to reappear when a piece of data supports their perpetual bubble world view. A drunk person offers me a lift home from the pub in a car, and I refuse to get in because of the risk that it will crash, the car drives off at 70mph in a 30mph zone, racing through red lights. If through sheer luck and the driving skill of other road users, the drunk driver makes it home safely, it does not make my decision wrong, even in hindsight, because the risk is still high. If the drunk does not suffer any consequences from the risk that have taken then they will simply repeat the high risk event. The fact that our drunk economy has not yet crashed as hard as Greece, Iceland, Cyprus, Spain etc.. is just pure luck and tolerance of the other road users. The economic problems, debt, trade imbalances, lack of production all remain and are being made worse by the day, this is the important factor, not wether the economy gets inflation, deflation etc.. whether the drunk crashes into a wall, a car, slips off the road, jack knifes, gets hit from the side etc.. The UK government has devalued the currency to mitigate the fall in the paper value of house prices to protect the banks, due to the tolerance of the bond market. Debasement of the currency was predicted by the HPC goldbugs, the tolerance of the international bond markets is was not predicted and is temporary. Those that predicted that the government would try to reinflate have always stated that newly printed money would find its way into different asset classes. Are stocks really that high or are we just seeing rises due to devaluation of the currency? Gold goes up and down because it's traded all the time, It's a highly liquid asset, unlike houses. Many Goldbugs predict big downward legs in gold, most of it comes from the paper gold market. Overall the same problems that caused people to seek safety in gold remain at large or are being exacerbated. If you had a crystal ball you could make much more money in a casino or betting on horses.
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