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The GF and I have decided to leave London at last - the bombs were probably the final straw.

I'm one of those lucky bstds who can work from anywhere - a beach house in Bali is as good as a flat in west london, as long as I have internet access.

The plan is to go stay with her rellies for a few months while we plan a world tour starting spring 2006. At this stage we aint planning to return to Blighty till at least summer 07 - that should give some major falls a chance to manifest.

There will be several repercussions to this action - some small, some large.

Small - the downward pressure on rents will increase, cos, we aint renting anymore! Less demand, and more supply!

Large - the landlord will probably go bust. Geared to the max (as we know), flat needs 15k of redecoration, and guess what - the deposit will have to be used in lieu of the last month's rent, cos we are CERTAIN he's already spent it.

Other repercussions - we remove a LARGE amount of t@x revenue from the UK economy for at least a year, and a commensurate spend on goods and services. This money will instead be spread around the economies of the med, SA, and perhaps Sri Lanka.

Anyone else in a position to exit the UK for a year or two, I STRONGLY recommend you explore the possibility. The feeling of sudden freedom is just indescribable.

A crash of any kind is always best observed from OUTSIDE the blast zone!

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Thanks TTRTR.

Don't worry, I'll check in regularly to see exactly how much of a t1t you are making of yourself.

Jokes aside, a nice feature to add to the forum (unless it already exists???) would be a monthly chart showing Avg house prices to Avg wages.

When we get back to a ratio of 3.5 ish - that's the time to buy, and personally, that's all the info I think I'll need from now on, as the crash is ... well... under way!

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The GF and I have decided to leave London at last - the bombs were probably the final straw.

I'm one of those lucky bstds who can work from anywhere - a beach house in Bali is as good as a flat in west london, as long as I have internet access.

The plan is to go stay with her rellies for a few months while we plan a world tour starting spring 2006. At this stage we aint planning to return to Blighty till at least summer 07 - that should give some major falls a chance to manifest.

There will be several repercussions to this action - some small, some large.

Small - the downward pressure on rents will increase, cos, we aint renting anymore! Less demand, and more supply!

Large - the landlord will probably go bust. Geared to the max (as we know), flat needs 15k of redecoration, and guess what - the deposit will have to be used in lieu  of the last month's rent, cos we are CERTAIN he's already spent it.

Other repercussions - we remove a LARGE amount of t@x revenue from the UK economy for at least a year, and a commensurate spend on goods and services. This money will instead be spread around the economies of the med, SA, and perhaps Sri Lanka.

Anyone else in a position to exit the UK for a year or two, I STRONGLY recommend you explore the possibility. The feeling of sudden freedom is just indescribable.

A crash of any kind is always best observed from OUTSIDE the blast zone!

I fancy Bulgaria myself http://www.mybulgaria.info/bulgaria-property-forums.html

Country detached villas can be bought for around 10,000 Euros.

Or you can just buy some land and build a property to your own customised design.

Another idea is to buy a self-built prefab timber framed house (http://www.iavor.net/company.htm for example) and you can even disassemble it and change location if you get bored with where you are living.

You can live almost self-sufficiently by growing your own food.

Bulgaria is joining the EU on 1/1/2007.

Edited by penbat1

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Cheers guys!

Its looking like Santorini, Tuscany, Cape Town Sri Lanka, and Chamonix, order to basically be decided by the weather, and when our friends can accomodate us!

Really looking forward to it, and will be keeping a close eye on the forum!

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When we get back to a ratio of 3.5 ish - that's the time to buy, and personally, that's all the info I think I'll need from now on, as the crash is ... well... under way!

If you really believe that, I suggest you pay that last months rent. It'll be worth it for the reference from your landlord which you'll need because you'll be renting for a very long time to come!

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Have a great trip, I know there are a couple of us who have already STT, and its a great experience, it changes your life in ways you don't expect.

Knowing that you will be out of Britain at uncertain times is reassuring.

Strange though, you will miss the ole girl when you are away.

I deffo recommend Egypt, despite the recent problems, which the general public is in uproar about, they hate terrorists and they don't want anything like this to damage their economy. Its dirt cheap, the weather is always great and the people are very warm to you away from the real tourist traps. I highly recommend Dahab, which is further up the red sea coast. The resort is so chilled out it is unbeleivable, and you can stay in a decent hotel for 8 quid a night. The scuba diving is quite simply breathtaking if you pardon the pun.

You will probably get one of those "you will spunk it all away" nonsense posts from TTRTR, who seems to have his own problem wasting money :P but I know you will treat such a post with the contempt it deserves.

Toodle pip.

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Guest Bart of Darkness

Good luck mate. Don't forget about us back in dear old Blighty.

See the world while you can.

Ta ta for now.

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Ta Gavin - I'd like to do Egypt too - suspect the GF wont go 4 it tho.

Toodle pip indeed!

Put your head down, and sort of sigh, and say that you are a bit scared to go, but say she had always told you to face your fears in search of new challenges, ask her if she wants this trip to be a sterile one when you re-visit places you have seen before, or something more life challenging.

It might work. :ph34r:

If not, tell her, that Egypt is one of the sunniest places on earth!

B)

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:-) Arf! Will give it a go!

The only thing I regret is that rents will collapse over the next 2 or 3 years as the recession bites, just like last time, and I won't be here to take advantage of it!

Whatever, the places we are staying are not even half as expensive as the current gaff!

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The GF and I have decided to leave London at last - the bombs were probably the final straw.

I was thinking this morning about how many young people might either leave London or not come to London to live/work after the wave of bombings. It isn't just that though, with such low living standards in the capital for all those of us that didn't buy property 5+ years ago ie. all your money going on rent etc what incentive to stay? The bombings might just tip the balance for a lot of people.

I've just applied for voluntary redundancy and have also been thinking about quitting London. If I get it I'm going to do a season in Whistler snowboarding and then come back and set myself up doing something in the Westcountry, work for myself.

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Whistler - niiice. The GF is a big fan - she has snowboarded there (or 'arseboarded' by the look of the photos :-). Never been there myself, would love to.

Agree with your sentiment - the balance tipped some time ago - the whole uk is one giant sad slavery factory, and we are the slaves.

Personally, had enough some time back, just waiting for the GF's profile to reach 'critical mass' so she could consult remotely, after that, nothing to keep us here. Point reached, time to go.

I remember London from a while back - it used to be one of the worlds GREAT cities. Nowadays... well, frankly, Gordon can stick it up Tony's referendum for all I care.

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Whistler - niiice. The GF is a big fan - she has snowboarded there (or 'arseboarded' by the look of the photos :-). Never been there myself, would love to.

Agree with your sentiment - the balance tipped some time ago - the whole uk is one giant sad slavery factory, and we are the slaves.

Personally, had enough some time back, just waiting for the GF's profile to reach 'critical mass' so she could consult remotely, after that, nothing to keep us here. Point reached, time to go.

I remember London from a while back - it used to be one of the worlds GREAT cities. Nowadays... well, frankly, Gordon can stick it up Tony's referendum for all I care.

London is an awesome place, it's just that it's hard to see a future in London unless you are a Lawyer or banker. On average wages it's a struggle to save after paying out for everything so what hope of ever building a future? I earn above average and manage to save £500 a month but even this seems almost negligible against the sort of deposits now needed to buy property.

Been to Whistler twice - absolutely brilliant although the place is being over developed and probably worse now with the winter Olympics going there.

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Guest Time 2 raise Interest Rates

CIUW Have a good one, i guess theres no chance of TTRTR going with you. :D

Edited by Time 2 raise Interest Rates

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Strangely enough, I have a LOT of Aussie mates (tons of colonials round our way). TTRTR is the only Aussie I think I've ever had any contact with who is an out and out shitlerite. Most of em are really good fun, happy go lucky hardworking generous booze monsters who know how to have a good time and know how to pull their weight.

Can't imagine what went wrong in TTRTR's case - maybe he had a bad experience with a cassowary when he was a kid. Maybe those long lonely nites out on the sheep station at wonga wonga with nothing but 2 year old male roos and their furry 'bush oysters' for company has warped his cerebellum... who can say :-)

We should be thankful to him really. After all, he's been banging on recently about buying more. In the middle of an obvious price crash, he intends to increase his leverage. Nutter. He'll be providing repo'd properties for the rest of us in 2008. Niiiice.

In fact, he's the equivalent of one of those sad lonely little men you see at Casinos, who somehow get a run of luck. They bet red, then red, then red again, doubling each time. Somehow, the luck holds and soon they are sitting on a giant pot. They've never seen black - it can only ever come up red. Black is not an option. They dont have the brains to quit while they are ahead, or are too greedy to even take some off the table. Whammo, it comes up black and they lose the lot.

It just came up black.

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Guest Time 2 raise Interest Rates
Strangely enough, I have a LOT of Aussie mates (tons of colonials round our way). TTRTR is the only Aussie I think I've ever had any contact with who is an out and out shitlerite. Most of em are really good fun, happy go lucky hardworking generous booze monsters who know how to have a good time and know how to pull their weight.

Can't imagine what went wrong in TTRTR's case - maybe he had a bad experience with a cassowary when he was a kid. Maybe those long lonely nites out on the sheep station at wonga wonga with nothing but 2 year old male roos and their furry 'bush oysters' for company has warped his cerebellum... who can say :-)

We should be thankful to him really. After all, he's been banging on recently about buying more. In the middle of an obvious price crash, he intends to increase his leverage. Nutter. He'll be providing repo'd properties for the rest of us in 2008. Niiiice.

In fact, he's the equivalent of one of those sad lonely little men you see at Casinos, who somehow get a run of luck. They bet red, then red, then red again, doubling each time. Somehow, the luck holds and soon they are sitting on a giant pot. They've never seen black - it can only ever come up red. Black is not an option. They dont have the brains to quit while they are ahead, or are too greedy to even take some off the table. Whammo, it comes up black and they lose the lot.

It just came up black.

I think he just needs a holiday, some time out. :D

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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