A Simple Message

[sam]

Since we left the last century and we entered 2000, life has become property obssesed, we get property programmes every single day(include sky and we get it 24/7), we hear about property in pubs, around friends and family, EVERYWHERE. We all have to get into property for our pensions, kids education, holidays, cars, lifestyle we all have to own dozens of the bloody things.

Thousands of comments are posted on this board, so before we get to the point where we canot see the wood for the trees, and we loose ourselves in our own cleverness, i would just like to say this.

"MY NAME IS SAM, AND I ONLY WANT ONE HOUSE, AND I AM WILLING TO WORK 50 HOURS A WEEK FOR IT"

I just prey that someone with influence will read it one day , you can only hope.

Sam

[HAL]

Since we left the last century and we entered 2000, life has become property obssesed, we get property programmes every single day(include sky and we get it 24/7), we hear about property in pubs, around friends and family, EVERYWHERE. We all have to get into property for our pensions, kids education, holidays, cars, lifestyle we all have to own dozens of the bloody things.

Thousands of comments are posted on this board, so before we get to the point where we canot see the wood for the trees, and we loose ourselves in our own cleverness, i would just like to say this.

"MY NAME IS SAM, AND I ONLY WANT ONE HOUSE, AND I AM WILLING TO WORK 50 HOURS A WEEK FOR IT"

I just prey that someone with influence will read it one day , you can only hope.

Sam

The plight of a single honest person as yourself will go unheard as there are bigger fish to fry for Gordy and the rest of the manipulators - the are either i) not dumb and can see what is on the horizon and are trying to rebalance the impending demographic imbalances or ii) they are dumb and are getting carried away in a global phenomena that they think with keep them in power.

HAL

[newaccount99]

The plight of a single honest person as yourself will go unheard as there are bigger fish to fry for Gordy and the rest of the manipulators - the are either i) not dumb and can see what is on the horizon and are trying to rebalance the impending demographic imbalances or ii) they are dumb and are getting carried away in a global phenomena that they think with keep them in power.

HAL

I'm sure there must be more options than that....how about:

iii) not dumb and can see what is ahead, however just to busy on their own self interest of retaining power for a couple more years.....after that can always retire aboard on their platinum plated pensions.

iv) Not dumb just busy on their various "consultancy" positions with various businesses on the side (many MP's have multiple "directorships") so long as their CEO's are kept sweat with an influx of cheap labour they will get their golden handshakes at end of office.

v) etc etc etc

[northern numpty]

The plight of a single honest person as yourself will go unheard as there are bigger fish to fry for Gordy and the rest of the manipulators - the are either i) not dumb and can see what is on the horizon and are trying to rebalance the impending demographic imbalances or ii) they are dumb and are getting carried away in a global phenomena that they think with keep them in power.

HAL

I think its the second...but i reckon sooner or later one of the domestic cleaners will advise the clumpits of their miss doings and they will ask how the pay of domestic cleaning fairs with house affordability, and when told the response will be "REALLY...you cant afford city living on 36hrs minimum wage....nahhhh go on,stop messing with us....not even a flat?....FECK.......GOOOORRRRDAAAAAAAANNNNNNNNN....GET IN HERE!"

Edited August 27, 2006 by northern numpty

[Guest mattsta1964]

Since we left the last century and we entered 2000, life has become property obssesed, we get property programmes every single day(include sky and we get it 24/7), we hear about property in pubs, around friends and family, EVERYWHERE. We all have to get into property for our pensions, kids education, holidays, cars, lifestyle we all have to own dozens of the bloody things.

Thousands of comments are posted on this board, so before we get to the point where we canot see the wood for the trees, and we loose ourselves in our own cleverness, i would just like to say this.

"MY NAME IS SAM, AND I ONLY WANT ONE HOUSE, AND I AM WILLING TO WORK 50 HOURS A WEEK FOR IT"

I just prey that someone with influence will read it one day , you can only hope.

Sam

Well! You are Fu**ed!

Sorry

[Impartial]

Since we left the last century and we entered 2000, life has become property obssesed, we get property programmes every single day(include sky and we get it 24/7), we hear about property in pubs, around friends and family, EVERYWHERE. We all have to get into property for our pensions, kids education, holidays, cars, lifestyle we all have to own dozens of the bloody things.

Thousands of comments are posted on this board, so before we get to the point where we canot see the wood for the trees, and we loose ourselves in our own cleverness, i would just like to say this.

"MY NAME IS SAM, AND I ONLY WANT ONE HOUSE, AND I AM WILLING TO WORK 50 HOURS A WEEK FOR IT"

I just prey that someone with influence will read it one day , you can only hope.

Sam

life's a b1tch dude.

oh well, never mind, there's always the next life.

[Garry AKA Pod]

life's a b1tch dude.

oh well, never mind, there's always the next life.

Surely that's full of chavs and immigrants too?

[penguin]

QUOTE : Surely that's full of chavs and immigrants too?

dont forget the property developers!

[Guest mattsta1964]

Surely that's full of chavs and immigrants too?

Is that avatar pic the guy who pumped so much steroid into his biceps that they haemorraged?

[sun n sea]

The worst thing you could do is retreat into your bunker- some of the predictions of huge depression etc are a bit OTT if you ask me. If you are to scared to do anything then life will never improve.

With hindsight I wish I'd bought back in 96- could have got a nice 2 bed house for 69grand- was too worried about the economy bla, bla, bla so I missed the boat so to speak.

If there is a big recession we are sadly all in the same boat- if my customers stop spending I stop earning and I stop spending and so it goes on.

Being the best worker and all that won't change a thing if your company is going down the $hitter- I saw it last time where perfectly good, sensibly run, solid business got sucked down the plug hole as the whole economy ground to a standstill. If you do get chucked out on the street your deposit will go on keeping your head above water- when things pick up you're back to square one.

All this talk of recession and depression is all well and good but sometimes you need to be positive- otherwise why get out of bed in the morning?

America might be a bit wobbly but the euro zone is picking up- and europe is a big market for UK business.

[MarkG]

If you do get chucked out on the street your deposit will go on keeping your head above water- when things pick up you're back to square one.

Again, even with 10% unemployment, 90% of people who want to work have jobs... and people without big debts can live on a McJob for a few years if need be without eating into their savings.

That said, given how much of our current economy is based on government, retail and housing-related jobs, unemployment rates could go well over 10% in a serious global crash.

Edited August 27, 2006 by MarkG

[ParticleMan]

i would just like to say this.

"MY NAME IS SAM, AND I ONLY WANT ONE HOUSE, AND I AM WILLING TO WORK 50 HOURS A WEEK FOR IT"

Hear hear.

Get that, lenders, speculators, peddlers of greed, you merchants of envy?

We reject this mania - your schemes, your deals, your structured finance, "investments" - ha! - and bargains too, for none we find; a house's price and value, not the same - a home's true worth to us, four walls, a roof, and as sanctuary for our young; simple thoughts and needs - these have passed you by? We're exhausted from your spin, your relentless lies; now deaf to sponsor's message, your growing shrill and desparate hawker's cry; time's our friend - which is why - at fair value, only that, we will buy.

Edited August 27, 2006 by ParticleMan

[Xurbia]

Since we left the last century and we entered 2000, life has become property obssesed, we get property programmes every single day(include sky and we get it 24/7), we hear about property in pubs, around friends and family, EVERYWHERE. We all have to get into property for our pensions, kids education, holidays, cars, lifestyle we all have to own dozens of the bloody things.

Thousands of comments are posted on this board, so before we get to the point where we canot see the wood for the trees, and we loose ourselves in our own cleverness, i would just like to say this.

"MY NAME IS SAM, AND I ONLY WANT ONE HOUSE, AND I AM WILLING TO WORK 50 HOURS A WEEK FOR IT"

I just prey that someone with influence will read it one day , you can only hope.

Sam

It's unfortunate that you are living through this particular piece of economic history. Best not to dwell on it. You are not alone. It's not just confined to this country. I have heard the same madness from friends in the USA, New Zealand, Australia and Denmark. Every one of them is in denial about a crash.

Reasons you should be optimistic: we are hearing about inflation pressures every single day, oil is not going down and the USA is slowing rapidly.

Enjoy the now. Life isn't just about houses! I feel liberated not having to own a house. I can move around and enjoy travelling. If work comes up I am flexible.

[BufferBear Bitcoin Bull]

Sam, is the glass ever half full?

[dnd]

Is that avatar pic the guy who pumped so much steroid into his biceps that they haemorraged?

http://www.t-nation.com/findArticle.do?article=211hate

eww....

http://www.t-nation.com/readTopic.do;jsess...45&pageNo=3

Edited August 27, 2006 by dnd

[sun n sea]

And the 90% of people who are still in a job will be too $hit scared to spend a penny on anything- great news if your job is related to the consumer society- which pretty much every vocation is.

Last time round recession fever was infectious- people thought the worst which meant they acted for the worst which in turn made for the worst. A self forfilling prophecy in the end.

A recession is bad for everyone- the whole economy is one big interlinked beast relying on a constant flow of money round the system- if it stops things get seriously scary.

[MarkG]

A recession is bad for everyone

The only bad thing about the last recession was that I ended up a few thousand pounds in debt when I lost my job. I got a new one in a few weeks and sizable pay rises over the next few years, and the cost of living was low.

Compared to today, the last recession seems almost utopian.

[sun n sea]

The only bad thing about the last recession was a lack of customers overnight and watching lots of hardworking small business owners lose everything in a matter of a few months- not pretty.

From an employee point of view I would imagine it to be a little bit less traumatic- a lot of people who own small businesses have overdrafts and lending secured on property- that the bank can demand repayment of within 24 hours.

Most people who work for themselves just about get by in the good times- feck knows what'll happen if things get really bad.

[CrashDive]

simple hard working BRITISH person...

"MY NAME IS SAM, AND I ONLY WANT ONE HOUSE, AND I AM WILLING TO WORK 50 HOURS A WEEK FOR IT"...

Sam

Simple hard working people of all nationalities have always been shat on. Why do you think it should be different for you?

[wagner]

Since we left the last century and we entered 2000, life has become property obssesed, we get property programmes every single day(include sky and we get it 24/7), we hear about property in pubs, around friends and family, EVERYWHERE. We all have to get into property for our pensions, kids education, holidays, cars, lifestyle we all have to own dozens of the bloody things.

Thousands of comments are posted on this board, so before we get to the point where we canot see the wood for the trees, and we loose ourselves in our own cleverness, i would just like to say this.

"MY NAME IS SAM, AND I ONLY WANT ONE HOUSE, AND I AM WILLING TO WORK 50 HOURS A WEEK FOR IT"

I just prey that someone with influence will read it one day , you can only hope.

Sam

I suggest this is a great time to learn about property. Become an investigator. Become a specialist of your area. Find out about mortgagee repossesions, deceased estates. Find out what house prices are selling for and not what they are advertised at. Go to auctions this is a good way of finding out what a property is worth. If it passes in at a price then the property is worth less than that price. Look at houses/flats etc learn about the land size, the age of the building etc. Put a target on what you can afford, learn as much as you can about mortgages what you can borrow also budget for upto 2 % to 3 % above present interest rates and if you see something you like throw a ridiculous bid in even if it is 50 % - 60 % below the asking price even if you are not interested. You are in the drivers seat. Where buyers were crawling over each other to buy a property,sellers and estate agents will be crawling over you.

Treat it like a competition yuo are looking for the "Bargain Of the UK" award

Edited August 28, 2006 by wagner

[PropertyGuru]

I don't know why you are worrying.

You just need some patience.

Since the market flattened out in 2004, it's done very little (especially if you take general inflation into account).

That 'plateau' is unsustainable (the maths is simple, but undeniable), and the crash will manifest itself in its own good time in a way that will make YOU jump for joy yet make the overgeared scream in pain.

That's property for you. Up... and down.... and up... and down...

[Kayser Soze]

"MY NAME IS SAM, AND I ONLY WANT ONE HOUSE, AND I AM WILLING TO WORK 50 HOURS A WEEK FOR IT"

Sam

50!!!!! Backslider!!!

Used to do 80 hours a week regularly.

Come on get out there, get a second job and stop wasting your time on the internet

[adibrown]

The only bad thing about the last recession was a lack of customers overnight and watching lots of hardworking small business owners lose everything in a matter of a few months- not pretty.

From an employee point of view I would imagine it to be a little bit less traumatic- a lot of people who own small businesses have overdrafts and lending secured on property- that the bank can demand repayment of within 24 hours.

Most people who work for themselves just about get by in the good times- feck knows what'll happen if things get really bad.

As a small business owner I find the current times the hardest. I leased an office last year, only about 600 square foot. It costs me £1400 a month. A few days later I had a visit from the business rates valuation guy (they certainly didnt hang around). He said my office was valkued at £13k a year and then left. As a very small business with just 3 people I asked if I could get any kind of small business rate relief. The answer was no. So I received a bill for £6,000 or an extra £500 a month. So I am now paying £1,900 a month for a shoe box office. On top of this it costs me a fortune to employ people because after NI contributions etc you have added an extra £500 on to salary costs. The other day we were slammed with a corporation tax bill of £14,500. With all the additional energy bills etc we are now finding costs are making it difficult to run a business. God knows how the bagel shop down the road survives or the cardshop on the corner etc.

Visited a local business enterprise officer to see if we could get any help in employing extra people, renting office space, expanding the business etc.

"There is government assistance available sir, if you have been unemployed for more than 18 months, are diagnosed with one of the following conditions or come from one of the following ethnic backgrounds......................say no more :angry: "

[gasket37]

As a small business owner I find the current times the hardest.

s'funny - i thought you earned £100,000 p.a? how can times be hard?

On top of this it costs me a fortune to employ people because after NI contributions etc you have added an extra £500 on to salary costs.

can't argue with that one - "tax on jobs etc." mind you try employing someone in france or germany, then you'll understand what social security costs really entail...

The other day we were slammed with a corporation tax bill of £14,500.

erm, your trading year end is 31st October so you have 9 months and a 1 day to pay the C.T. bill. You weren't 'slammed' with anything - you merely failed to budget appropriately...

[Guest mattsta1964]

http://www.t-nation.com/findArticle.do?article=211hate

eww....

http://www.t-nation.com/readTopic.do;jsess...45&pageNo=3

Jaysus DND! He's almost as handsome as you!