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House Price Crash Forum


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Everything posted by davidhpc

  1. Been here before I'm afraid http://www.telegraph.co.uk/comment/personal-view/3623669/How-364-economists-got-it-totally-wrong.html Mervyn Kunt was one of the 364, is he one of the 341 I wonder?
  2. "Pay increases also appear to be picking up in response to rising inflation, with recent deals worth at least three per cent - more than double when compared to the same time last year." Interesting...... Merv's running out of excuses to avoid a rate hike.
  3. Funny that he wasn't talking about this 'imported' inflation when Ipods and Chinese tat were dragging the figure down to 2% a few years ago. If that was the case we should have had interest rates to give us inflation of about minus -10% during those years. He's just a crook, and a liar. And he's now cramming his pension fund with as much taxpayer cash as he can before he's shown the door.
  4. Plenty of Nu-Labour shills seeing their noses pushed out of the trough at the IFS. The enormous, bloated public sector Brown created stands blocking any work on deficit reduction.
  5. “I am neither a finance expert nor a trained economist " REALLY? who would have thought?
  6. good to see King becoming the hate figure he deserves to be. never fell for the cuddly uncle act myself. he's a w4nker.
  7. All that is needed is to get King's multi-million pound pension pot out of inflation linked bonds and into a normal bank deposit account. the greedy cant would soon have interest rates rising.
  8. here's how the BBC 'balances' spending your money on recruitment advertising " Yesterday The Telegraph had a letter that gave information about how much money the BBC spent on job advertisements for the different newspapers: In The Guardian, the BBC spent a massive £231,944; in The Telegraph, £32,535; in The Times only £6,159. yet The Telegraph has by far the largest circulation of the three quality dailies, with The Times some way behind and The Guardian a poor third. Don't even ask about The Express because the BBC doesn't advertise at all there." wonder why they don't advertise in the Mail, for 'balance' purposes, think they'll get a nice 'balance' of candidates from this 'balanced' advertising? (quote from biased bbc blog)
  9. just to rub it in, "A council in east London spent more than £111m on one office block, including more than £1,800 on individual designer lights, an investigation has revealed." "During the project bosses spent almost £10,000 on five designer light fittings - at a cost of £1,853 each.""The final £111.5m cost of the building was almost a third of the cost of Arsenal's 60,000-seater Emirates Stadium." more here news article
  10. "Families trying to sell their homes have slashed a massive £500million off the asking price since the beginning of August, research has revealed. It warned many people are becoming increasingly 'desperate' to sell amid fears that house prices could be set to plunge, or because their family finances are at breaking point. The research found more than one in three sellers have cut the asking price 'at least once' since it was put up for sale this year. "... Read more : http://www.dailymail...rty-plunge.html
  11. Can't be much longer before the US people twig on that Bernanke/Obama are full of sh1t and making things worse.
  12. Hard-hitting article from the Financial Times Economics Editor, "The forecasts used by the Bank of England to set interest rates are biased and contain little useful information, a Financial Times audit has demonstrated. Despite having hundreds of economists working in the Bank, and the most sophisticated suite of economic models in the UK, the monetary policy committee’s forecasts since 1997 have achieved no better outcome than if the committee had simply predicted the average level for inflation and growth over the 13-year period. With concerns rising over the Bank's failure to foresee recent rises in inflation, these findings suggest the problems are, in fact, endemic. They will cast doubt over the credibility of its predictions for the course of the economy, due to be updated when it unveils its quarterly inflation report on Wednesday." need to register to read the full article at http://www.ft.com/cms/s/0/4e53a2de-a3f3-11df-9e3a-00144feabdc0.html good to see someone at last calling the weasels at the BofE
  13. I read it in the Guardian. guardian link Completely mental some of these left wing public sector loons now.
  14. Former Federal Reserve governor Alan Greenspan, a man who is often blamed for causing the worst financial crisis since the Great Depression, has admitted making mistakes. Speaking to the BBC, he says he misjudged the bankers, and has a warning of the way the crisis is being handled now. Katty Kay reports. http://news.bbc.co.uk/1/hi/business/10565060.stm
  15. If you read the BBC article he correctly designated London as his 2nd home because he spent more time in Scotland. If a property has been your main residence in the previous 3 years then you pay no CGT tax on it. It had been his main and only home in the 3 years prior to selling it, so no CGT was due.
  16. in the BBC article he is quoted as saying "Until the spring of 2006 this was the only property we owned," he said in a statement. "I had rented a place in Aviemore until then, we subsequently bought a place there and moved into it." I obviously personally don't know which is true.
  17. Alexander reckons he is OK, due to 36-month lag on CGT on main home sales. The London flat was the only property he owned until 2006 and he sold in 2007, has apparently already said he will pay CGT if he sells the next one. bbc article
  18. Come and join the UK again, it'll be like old times! House price drops are getting bigger Irish house price cuts
  19. Hahaha, Will Hutton aswell. Still got the BTLs to pay for. Sod what they were writing about last year.
  20. where's fionulululoolala? haven't seen her for years.
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