neil324
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Posts posted by neil324
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What?
There was a 10% fall in the MOM inflation figure reported this morning!
(Well, CPI 4.4% to 4% = ~10% less
)Still 50% over target, also what's falling ipods,ipads can you eat them do they keep you warm, do you buy them daily?
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When rates rise the economy and the banking system are going down the pan. Which is why, despite inflation at more than twice the target, base rate has not moved. And probably won't for 5 years.
So what's the UK going to look like in 5 years unless we get wage inflation then?
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Only a small beginning unfortunately, many of the proposals don't come into effect for a year or two yet (April 2013 for some).
There is a good round up on the BBC ("in graphics" tab, 12 cuts on 12 pages) that outlines the saving, the dates and the number affected.
Right then HPC in 2013 it is then.............
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Quite easily. 6 months of going to court to get a family visitor visa . . . after that humiliation, you know your country hates you.
Have you seen that Croydon housing benefits thing. 18.4 million quid a month!!!
I seen it, i was going to reply to it, but then decided.............i don't care any more.................
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Yup, still doesn't entitle her to residency. People have turned up with British passports only to be refused entry, they still need visas.
Gave up with it, shithole anyway.
Ok, i thought once the passport was obtained no need for visas, how can they refuse a citizen entry.
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No, no access to the welfare state (SE) or the NHS (out of country too long). On my own.
I was a contractor in the UK and would never have used a house there, always lived on site (12 years of that hell), all over the place. UK immigration fought like hell over family moving to the UK, so I gave up with that and built here.
I've known plenty of expats in Malaysia, never a bad word for the place.
Isn't your daughter entitled to a British passport by law?
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Nationwide up 0.5% (NSA up 2.2%!).
Crash cruise speed cancelled.
Never underestimate the UK public.
Maybe the stamp duty changes next month having an affect, Halifax and next months figures can validate. Nationwide do have a south focus.
Past caring myself, going to focus my energy on other things now. No way was prices 2.2% up in my area
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Not brilliant but improving, the five intonations are the killer.
All in the kids name. The company thing was always ridiculous. Once that old boy goes, we've got real problems here.
I thought it was 6, that's what makes it hard for us it's tonal were not used to that.
I don't think i could ever learn it myself. Took me a couple of 4 month trips to get the hang of the masculin and feminin basics.
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Real risk of that.
You think so.
I can see them changing the loop hole of land inside a company.
You any good at speaking Thai?
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Depends on your circumstances, nowheres ever perfect.
I have friends here that earn around 800 Pounds a month (which is less than their Thai colleagues) as teachers and are way, way better off than if they lived in the UK where there's no work anyway and life is a claustrophobic misery of dominant corrupt government, nasty insecure workplaces and seemingly endless cost. One also has a restaurant here (he's a well to do type from Kendal and loathes the UK, passionately). Another a hotel (a Thai family built for him!) on an island.
All are in their 50's. All have been out here over ten years, some for over twenty years.
The UK's quite shit to be honest. I don't say this with emotion or malice towards the UK, just observation.
I think the British love to tell themselves how lucky they are without knowing much about the rest of the world.
£800 would be more than minimum wage here, which your expected to run a car,buy a house,food........Great living here.
I wonder where Thailand is on that mickey mouse list that some twat has dreamed.
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if the council is obligated in law to provide housing to the homeless it seems reasonable to encourage people to give up having too much house they do not need to enable families and so forth to benefit.
Generally speaking little old ladies leave their large houses to their children who benefit from all of the advantages that having a house brings to the owner.
Generally speaking little old ladies can benefit from moving out of a large house into something easier for them to manage
What isn't addressed by the current system is people who live 10+ plus to a house and only pay the same as 2 people. Regardless of the property value.
That was my point.
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Once the BoE started printing and feeding it to the banks through all that mortgage bailout nonsense, reality was thrown to the dogs.
Rates won't move for years. Base rates that is. Printing will continue. Big hole to fill. Surely at some point it collapses.
Think I'll just accept that Asia will be my lot in life. I'm worried though.
It could be worse, you could be in the UK, thinking that's your lot
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The relative wages of the serfs matter not. Let them eat cake.
All that matters is what's propping up the banks and that's printy money from the gubbermint baling out directly and through SMI and other welfare schemes and inflated house prices (priced in Pounds and nothing else).
You really think this has anything to do with reality or serfs being able to feed themselves? Especially those serfs who stand on their own two feet and struggle on, wondering why life is so shit and why we're covered in parasites, like yourself, like myself.
1. They don't want HP's to fall, because 55% of the UK's 'wealth' is in its housing stock, upon which their whole economy is based.
2. They need to rebalance the economy back to exports and can't do this until the Pound is at parity with the Yuan. A long drawn out and painful affair.
House prices will collapse, but not in Pounds.
It's relative to serf's when their trying to service debt in pounds.
It's relative to the government when the UK has such a large service economy.
Hence the desperation to keep rates on the floor.
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They intend to fill the hole with inflation. Obvious.
We keep going round in circles with this.
Without wage inflation it's worse than rate rises.
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Wouldn't count on them having a huge effect until you get up to the 5% mark, especially after reading a thread on HPC the other day with a graph of the 5 year fixed rate vs the BoE rate.
True, it's the message of intent though, bit like 2005 with .25% cut.
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Are the Nationwide numbers out yet?
They should make interesting reading - and we may get a hint of the size of the "bounce" this Spring
Tentative tomorrow, Halifax been moved already to coincidence with the BOE next week.
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Bellway on the up too. Spring bounce??
http://uk.finance.yahoo.com/news/Housebuilder-Bellway-sees-reuters_molt-4270721141.html?x=0
Rate rises coming?
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Some banks taking major losses now on repossessions in and around my area. Infact on closer inspection i'm suspecting mortgage fraud to the point where the buyer and the vendor where friends.
http://www.rightmove.co.uk/property-for-sale/property-28856296.html
Last sold in 2005 for £135,000 which was even 10% higher than any peak price of 2007 for the road. A very un-desirable road
http://www.rightmove.co.uk/property-for-sale/property-32970347.html
Sold today at auction for £112,000, last sold in 2008 for £245,000 and sold in 2007 for £145,000 the mortgage provider was Bradford & Bingley(don't laugh),considering the property was leasehold was god knows how much over the peak price. Now this i read the legal pack from the auction, the house was repossessed within a year and the buyer never paid any of the ground rent. Needs some serious work now and was in no way a refurb job in 2007. A very desirable road.
http://www.rightmove.co.uk/property-for-sale/property-26361088.html
This one sold in 2005 for £185,000, 6 months after being bought for £119,000. Now ive viewed it and no way was it a refurb job in 2005 because it's in a fairly bad condition. £185,000 was at least 10% over the peak price of 2007 for the street and it's leasehold. A fairly desirable road.
It's been marketed for over 2 years at various prices and SSTC at various times the last being £110,000
http://www.rightmove.co.uk/property-for-sale/property-32039453.html
Last sold in 2006 for £158,000
Now i know you get stupid buyers willing to buy at stupid prices but the second property especially the intention was evident in the legal pack.
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You need a bit of both:
+ Property value, and
+ Number of people
The old POLL TAX aimed for that, but it was terribly unpopular
But forcing the old lady to move into a smaller space by raising her tax seems like necessary "tough love" to me. She did little to build up the infrastructure which made her area so attractive to live : Density and other taxes did that/.
That was my point, a bit of both.
The poll tax was each person regardless of value of property.
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That's true, but tax isn't designed to be fair is it? I mean if we all paid tax equivalent to the services we use then there would be no need for tax.
It's fair a to point, otherwise your would have total social break down.
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I have never understood why the council tax for a multi-million pound property in a lovely area is at most only about two or three times that charged for a poxy little flat in a crap area.
The old rates system was far fairer.
I liked Harrisons land tax idea too, take away the income tax and replace with land tax. Don't know if it could work in reality though, it would probably need a revolution.
What if that multi-million pound house has one old lady living in it about 70 and then the poxy terrace house has about 10 people living in it which include a few children going to school.
Who is using more of the services being provided by the local council?
No doubt about it,any fairer council tax would take account of amount of people in the residence.
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http://www.landreg.gov.uk/assets/library/documents/HPI_Report_Feb_11_x1p5cst.pdf
Land Reg MOM -0.8% YOY -1.7%
And in particular West Midlands MOM -2.7%
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I'm a Handsworth lad!! Thankfully I moved to London when I was 0 years old.
My Cousin live in Sutton ColdField Brum, the ppsf is around half of that of London and IMO represents good value as the houses in this area are large and you get a lot of outside space, I've often thought that if London ppsf was the same I would have no issue with buyingc
Good value to who, people who work and earn in London or people who work and earn in brum.
If London falls by 50%, Sutton will also, but i agree i would have no issue with buying then also.
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My OH says you are obviously not old enough to know when it was far from being a slum!
He also lived in the G.Barr, near Kingstanding until '68 & asked which road you lived in.
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The Adonis person is also a youngster it seems.
Brum centre was full of glorious architecture until the 60s spiv developers & corrupt council did their worst.
Beeching did his worst too. The demolition of the hotel at Snow Hill station was another crime.
Rant over. - Brum is over too. Time to run, if one can.
Yes your correct Handsworth was a nice area, but way before my time as i'm 39, ive always known it as a ghetto. Can you ask the OH what areas where regarded slums then?
Currently living just of Dyas Road on Elliston Avenue. Raised in Pype Hayes though just off Paget Road and that's where i'm heading back to.
Why do you think the government are trying to push through the high speed rail link, they know it's critical to Birmingham, without it brum will be one big ghetto.
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UK House prices: News & Views
in NEWS Commentary, 2021 & Beyond
Posted
Inflation at 4% then that's a wage cut.
But who's getting 2.5% rise anyway?
Interesting retail sales figures this month, maybe Easter is the wrong date this year.