That's just cost me another ten grand then.

 http://www.rightmove.co.uk/viewdetails-16242508.rsp?pa_n=6&tr_t=buy

Great. Only reduced it by 45 grand so far.

--
Speedgazebo

Speedgazebo wrote:
> That's just cost me another ten grand then.
>
> Great. Only reduced it by 45 grand so far.

Spamming cunt.

Only another 35k downwards and it'll sell a treat  ;o)

-- 
Hog
'06 ST4-S  '03 ST4-S
'96 Bastard12  '89 R100RS  '81 XS650  '78 RD400

On Sep 2, 5:11 pm, "Hog"  wrote:
> Speedgazebo wrote:
> > That's just cost me another ten grand then.
>
> > Great. Only reduced it by 45 grand so far.
>
> Spamming cunt.
>
> Only another 35k downwards and it'll sell a treat  ;o)
>

I Don't really regard that spamming, I have discussed this house here
before, and the removal of stamp duty is a matter of general
interest,
I include the details only to highlight my point.

Would you really be intersested at £150,000 ?  ;-)

--
Speedgazebo

Speedgazebo wrote:
> On Sep 2, 5:11 pm, "Hog"  wrote:
>> Speedgazebo wrote:
>>> That's just cost me another ten grand then.
>>
>>> Great. Only reduced it by 45 grand so far.
>>
>> Spamming cunt.
>>
>> Only another 35k downwards and it'll sell a treat  ;o)
>>
>
> I Don't really regard that spamming, I have discussed this house here
> before, and the removal of stamp duty is a matter of general
> interest,
> I include the details only to highlight my point.
>
> Would you really be intersested at £150,000 ?  ;-)

Well it's not as if my comment was anything but tongue in cheek and it 
looks quite nice but something of a long commute for me!

So is it the case that nothing is moving at any price?  I guess lots of 
folk are concerned about job security.... with some justification.  This 
isn't just a movement in our sinusoidal bull/bear economic model, more 
part of a global adjustment.

-- 
Hog
'06 ST4-S  '03 ST4-S
'96 Bastard12  '89 R100RS  '81 XS650  '78 RD400

In message 
, 
Speedgazebo  writes
>That's just cost me another ten grand then.
>
> http://www.rightmove.co.uk/viewdetails-16242508.rsp?pa_n=6&tr_t=buy
>
>Great. Only reduced it by 45 grand so far.
>

Ours is on sale at 209,995, reduced it a month ago but it's not made any 
difference, 2 viewers in 3 months.  Good job we're not in a rush to 
move, and we're upgrading so any decent percentage falls actually 
benefit us, if we can sell of course.

I would have been happier if the government had just left the housing 
market to find its own level, and the amount people will be saving isn't 
really an issue when they can't get a mortgage anyway.


housepricecrash.com is just about the first site I look at every day 
now.


-- 
Mike Buckley
RD350LC2
http://www.toastyhamster.plus.com
BONY#38

In article ,
mike. buckley  wrote:
>housepricecrash.com is just about the first site I look at every day 
>now.

Blimey. We sold and bought again at just about the peak - September
2007. Now wishing we'd just put the money in the bank obviously.

We're coming up to remortgaging now and it's really difficult to pick
whether the rates are going to go down again or whether any lender will
take on the business.

-- 
CB500 (blue + flies)

mike. buckley wrote:
> In message
> ,
> Speedgazebo  writes
>> That's just cost me another ten grand then.
>>
>> http://www.rightmove.co.uk/viewdetails-16242508.rsp?pa_n=6&tr_t=buy
>>
>> Great. Only reduced it by 45 grand so far.
>>
>
> Ours is on sale at 209,995, reduced it a month ago but it's not made
> any difference, 2 viewers in 3 months.  Good job we're not in a rush
> to move, and we're upgrading so any decent percentage falls actually
> benefit us, if we can sell of course.
>
> I would have been happier if the government had just left the housing
> market to find its own level, and the amount people will be saving
> isn't really an issue when they can't get a mortgage anyway.
>
>
> housepricecrash.com is just about the first site I look at every day
> now.

</BHaL Hat>
The first thing the govmint should do is restrict mortgages to 3 times 
one earner's income.  That will bring houses back into affordability for 
most families. Eventually.

-- 
Hog
'06 ST4-S  '03 ST4-S
'96 Bastard12  '89 R100RS  '81 XS650  '78 RD400

On Sep 2, 5:36 pm, "mike. buckley"  wrote:
> In message
> ,
> Speedgazebo  writes
>
> >That's just cost me another ten grand then.
>
> >http://www.rightmove.co.uk/viewdetails-16242508.rsp?pa_n=6&tr_t=buy
>
> >Great. Only reduced it by 45 grand so far.
>
> Ours is on sale at 209,995, reduced it a month ago but it's not made any
> difference, 2 viewers in 3 months.  Good job we're not in a rush to
> move, and we're upgrading so any decent percentage falls actually
> benefit us, if we can sell of course.
>
> I would have been happier if the government had just left the housing
> market to find its own level, and the amount people will be saving isn't
> really an issue when they can't get a mortgage anyway.
>
> housepricecrash.com is just about the first site I look at every day
> now.
>
I was considering adding a gimick to the sale, my brother runs a ski
chalet buisiness (note: no link!) and I have been thinking of throwing
in a skiing holiday !
Probably wouldn't  make any difference but might get some publicity!

--
Speedgazebo

Speedgazebo wrote:
> That's just cost me another ten grand then.
>
> http://www.rightmove.co.uk/viewdetails-16242508.rsp?pa_n=6&tr_t=buy
>
> Great. Only reduced it by 45 grand so far.

I thought you lived near Letchworth? I'm down tomorrow evening if you're up 
for a pint?

-- 


Nige, 'It's all about the speed'

Range Rover Td6 Vogue
BMW K1200S
Suzuki GSX-R1000 K3 (coming soon)
Focus ST3

We were somewhere around Barstow, on the edge of the desert, when the
drugs began to take hold. I remember "Hog" 
saying something like:

></BHaL Hat>
>The first thing the govmint should do is restrict mortgages to 3 times 
>one earner's income.  That will bring houses back into affordability for 
>most families. Eventually.

That's what I've been saying for fucking years, but would any cunt
listen? Of course not - that would mean all the greedy bastards wouldn't
be able to make much of a killing, that's why. Oh, and I have absolutely
no economic quals or credibility of course, but since when did that make
any difference to the price of fish.

The banks did a fairly good job for decades by limiting mortgages to
3.5x income - of course there were rises and falls but housing remained
affordable and FTBs always got on the ladder.
-- 
Dave
GS850x2 XS650 SE6a

"It's a moron working with power tools.
 How much more suspenseful can you get?"
 - House

On Sep 2, 6:59 pm, "Nige" 
wrote:
> Speedgazebo wrote:
> > That's just cost me another ten grand then.
>
> >http://www.rightmove.co.uk/viewdetails-16242508.rsp?pa_n=6&tr_t=buy
>
> > Great. Only reduced it by 45 grand so far.
>
> I thought you lived near Letchworth? I'm down tomorrow evening if you're up
> for a pint?
>
> --
>
I do, the house is my late Father's.

 Plume of Feathers, Ickleford 8pm.?

http://www.multimap.com/maps/?qs=ickleford&countryCode=GB#map=51.97152,-0.28042|18|4&loc=GB:51.97141:-0.27988:14|ickleford|Ickleford,%20Hitchin,%20Hertfordshire,%20England,%20SG5%203

(about a mile from letchworth Hall hotel)

--
Speedgazebo

On Tue, 02 Sep 2008 20:46:26 +0100, Grimly Curmudgeon
 wrote:

>We were somewhere around Barstow, on the edge of the desert, when the
>drugs began to take hold. I remember "Hog" 
>saying something like:
>
>></BHaL Hat>
>>The first thing the govmint should do is restrict mortgages to 3 times 
>>one earner's income.  That will bring houses back into affordability for 
>>most families. Eventually.
>
>That's what I've been saying for fucking years, but would any cunt
>listen? Of course not - that would mean all the greedy bastards wouldn't
>be able to make much of a killing, that's why. Oh, and I have absolutely
>no economic quals or credibility of course, but since when did that make
>any difference to the price of fish.

We're used to it by now.

>The banks did a fairly good job for decades by limiting mortgages to
>3.5x income - of course there were rises and falls but housing remained
>affordable and FTBs always got on the ladder.

Sp you don't remember the house price boom in the 70s then?  Or the
80s?  S'funny, I could have sworn you were old enough.
-- 
Champ

Two standard issue crutches
To email me, neal at my domain should work.

Speedgazebo wrote:
> On Sep 2, 6:59 pm, "Nige" 
> wrote:
>> Speedgazebo wrote:
>>> That's just cost me another ten grand then.
>>
>>> http://www.rightmove.co.uk/viewdetails-16242508.rsp?pa_n=6&tr_t=buy
>>
>>> Great. Only reduced it by 45 grand so far.
>>
>> I thought you lived near Letchworth? I'm down tomorrow evening if you're 
>> up
>> for a pint?
>>
>> --
>>
> I do, the house is my late Father's.
>
> Plume of Feathers, Ickleford 8pm.?
>
> http://www.multimap.com/maps/?qs=ickleford&countryCode=GB#map=51.97152,-0.28042|18|4&loc=GB:51.97141:-0.27988:14|ickleford|Ickleford,%20Hitchin,%20Hertfordshire,%20England,%20SG5%203
>
> (about a mile from letchworth Hall hotel)

I wont be mobile, I'm on foot, how about the Fox or Three Horseshoes?

-- 


Nige, 'It's all about the speed'

Range Rover Td6 Vogue
BMW K1200S
Suzuki GSX-R1000 K3 (coming soon)
Focus ST3

On Sep 2, 9:36 pm, "Nige" 
wrote:
> Speedgazebo wrote:
> > On Sep 2, 6:59 pm, "Nige" 
> > wrote:
> >> Speedgazebo wrote:
> >>> That's just cost me another ten grand then.
>
> >>>http://www.rightmove.co.uk/viewdetails-16242508.rsp?pa_n=6&tr_t=buy
>
> >>> Great. Only reduced it by 45 grand so far.
>
> >> I thought you lived near Letchworth? I'm down tomorrow evening if you're
> >> up
> >> for a pint?
>
> >> --
>
> > I do, the house is my late Father's.
>
> > Plume of Feathers, Ickleford 8pm.?
>
> >http://www.multimap.com/maps/?qs=ickleford&countryCode=GB#map=51.9715...18|4&loc=GB:51.97141:-0.27988:14|ickleford|Ickleford,%20Hitchin,%20Hertfordshire,%20England,%20SG5%203
>
> > (about a mile from letchworth Hall hotel)
>
> I wont be mobile, I'm on foot, how about the Fox or Three Horseshoes?
>
> --
>
The Three Horseshoes is good, about 8 ?

--
Speedgazebo

Speedgazebo wrote:
> On Sep 2, 9:36 pm, "Nige" 
> wrote:
>> Speedgazebo wrote:
>>> On Sep 2, 6:59 pm, "Nige" 
>>> wrote:
>>>> Speedgazebo wrote:
>>>>> That's just cost me another ten grand then.
>>
>>>>> http://www.rightmove.co.uk/viewdetails-16242508.rsp?pa_n=6&tr_t=buy
>>
>>>>> Great. Only reduced it by 45 grand so far.
>>
>>>> I thought you lived near Letchworth? I'm down tomorrow evening if 
>>>> you're
>>>> up
>>>> for a pint?
>>
>>>> --
>>
>>> I do, the house is my late Father's.
>>
>>> Plume of Feathers, Ickleford 8pm.?
>>
>>> http://www.multimap.com/maps/?qs=ickleford&countryCode=GB#map=51.9715...18|4&loc=GB:51.97141:-0.27988:14|ickleford|Ickleford,%20Hitchin,%20Hertfordshire,%20England,%20SG5%203
>>
>>> (about a mile from letchworth Hall hotel)
>>
>> I wont be mobile, I'm on foot, how about the Fox or Three Horseshoes?
>>
>> --
>>
> The Three Horseshoes is good, about 8 ?

Aye, should be fine, you got my number?

-- 


Nige, 'It's all about the speed'

Range Rover Td6 Vogue
BMW K1200S
Suzuki GSX-R1000 K3 (coming soon)
Focus ST3

Speedgazebo  wrote in uk.rec.motorcycles ..
> 
> On Sep 2, 5:36 pm, "mike. buckley"  wrote:
> > In message
> > ,
> > Speedgazebo  writes
> >
> > >That's just cost me another ten grand then.
> >
> > >http://www.rightmove.co.uk/viewdetails-16242508.rsp?pa_n=6&tr_t=buy
> >
> > >Great. Only reduced it by 45 grand so far.
> >
> > Ours is on sale at 209,995, reduced it a month ago but it's not made any
> > difference, 2 viewers in 3 months.  Good job we're not in a rush to
> > move, and we're upgrading so any decent percentage falls actually
> > benefit us, if we can sell of course.
> >
> > I would have been happier if the government had just left the housing
> > market to find its own level, and the amount people will be saving isn't
> > really an issue when they can't get a mortgage anyway.
> >
> > housepricecrash.com is just about the first site I look at every day
> > now.
> >
> I was considering adding a gimick to the sale, my brother runs a ski
> chalet buisiness (note: no link!) and I have been thinking of throwing
> in a skiing holiday !
> Probably wouldn't  make any difference but might get some publicity!

http://www.telegraph.co.uk/money/main.jhtml?
xml=/money/2008/09/02/bcnstamp902.xml

"The number of house sales has dropped to roughly one per week"

WTF? 52 houses sold a year when they were building 30,000 around MK alone 
per year?

Shirly shome mistake?

-- 
frag
Microplanet Gravity Beta version : http://www.ukrm.co.uk/gravity
Want a free, spam filtered @ukrm.co.uk email addy or free news access?
Email iwantstuff@ukrm.co.uk

On 2 Sep, 17:02, Speedgazebo  wrote:
> That's just cost me another ten grand then.
>
>  http://www.rightmove.co.uk/viewdetails-16242508.rsp?pa_n=6&tr_t=buy
>
> Great. Only reduced it by 45 grand so far.
>
> --
> Speedgazebo

A slightly better take is that it should only cost you £1849.95. Not
great, but better than £10k.

You just need to keep the house at £185k and offer to pay the stamp
duty for the buyer. This means the buyer doesn't need to get bogged
down by whether the house is above or below the new threshold, they
just need to decide if to them it is worth the money you're asking.
They don't have to care about stamp duty - if anything they should be
happier they are getting a £185k house without paying stamp duty.

Of course this requires buyers to be logical, and to hope your
competitors dont all drop their prices to under £175k.

Best of luck - it looks a nice house.

On Sep 2, 10:23 pm, daz  wrote:
> On 2 Sep, 17:02, Speedgazebo  wrote:
>
> > That's just cost me another ten grand then.
>
> >  http://www.rightmove.co.uk/viewdetails-16242508.rsp?pa_n=6&tr_t=buy
>
> > Great. Only reduced it by 45 grand so far.
>
> > --
> > Speedgazebo
>
> A slightly better take is that it should only cost you £1849.95. Not
> great, but better than £10k.
>
> You just need to keep the house at £185k and offer to pay the stamp
> duty for the buyer. This means the buyer doesn't need to get bogged
> down by whether the house is above or below the new threshold, they
> just need to decide if to them it is worth the money you're asking.
> They don't have to care about stamp duty - if anything they should be
> happier they are getting a £185k house without paying stamp duty.
>
> Of course this requires buyers to be logical, and to hope your
> competitors dont all drop their prices to under £175k.
>
> Best of luck - it looks a nice house.

Thanks

--
Speedgazebo

On Sep 2, 10:05 pm, "Nige" 
wrote:
> Speedgazebo wrote:
> > On Sep 2, 9:36 pm, "Nige" 
> > wrote:
> >> Speedgazebo wrote:
> >>> On Sep 2, 6:59 pm, "Nige" 
> >>> wrote:
> >>>> Speedgazebo wrote:
> >>>>> That's just cost me another ten grand then.
>
> >>>>>http://www.rightmove.co.uk/viewdetails-16242508.rsp?pa_n=6&tr_t=buy
>
> >>>>> Great. Only reduced it by 45 grand so far.
>
> >>>> I thought you lived near Letchworth? I'm down tomorrow evening if
> >>>> you're
> >>>> up
> >>>> for a pint?
>
> >>>> --
>
> >>> I do, the house is my late Father's.
>
> >>> Plume of Feathers, Ickleford 8pm.?
>
> >>>http://www.multimap.com/maps/?qs=ickleford&countryCode=GB#map=51.9715...4&loc=GB:51.97141:-0.27988:14|ickleford|Ickleford,%20Hitchin,%20Hertfordshire,%20England,%20SG5%203
>
> >>> (about a mile from letchworth Hall hotel)
>
> >> I wont be mobile, I'm on foot, how about the Fox or Three Horseshoes?
>
> >> --
>
> > The Three Horseshoes is good, about 8 ?
>
> Aye, should be fine, you got my number?
>

No,but if there's any prob call me 07725 312355

See you there

--
Speedgazebo

Speedgazebo wrote:
> That's just cost me another ten grand then.
>
> http://www.rightmove.co.uk/viewdetails-16242508.rsp?pa_n=6&tr_t=buy
>
> Great. Only reduced it by 45 grand so far.

I'd be inclined to take it off the market for a few weeks, then remarket it 
with new pics and blurb for £189,999.  That way, it'll show up first for 
buyers looking in Rightmove for max price £190,000, highest first.  Also, 
I'd put it as Stamp Duty Paid, which will cost you less than £1900, and take 
away a negotiating lever from your buyers.

On Tue, 2 Sep 2008 17:47:48 +0100, "Hog" 
wrote:

>The first thing the govmint should do is restrict mortgages to 3 times 
>one earner's income.  That will bring houses back into affordability for 
>most families. Eventually.

Why should it be the job of government to artificially restrict the
availability of credit?
-- 
Salad Dodger
"Haffely, Gaffely, Gaffely, Gonward."

We were somewhere around Barstow, on the edge of the desert, when the
drugs began to take hold. I remember Champ  saying
something like:

>>The banks did a fairly good job for decades by limiting mortgages to
>>3.5x income - of course there were rises and falls but housing remained
>>affordable and FTBs always got on the ladder.
>
>Sp you don't remember the house price boom in the 70s then?  Or the
>80s?  S'funny, I could have sworn you were old enough.

I refer the Hon Gent to the "rises and falls" bit. Fwiw I recall the
boom in the late 60s and my folks buying a house in Orpington for 5K and
selling it for 8K 2 years later - that was a proper rise - but still,
first houses were affordable even at that.
-- 
Dave
GS850x2 XS650 SE6a

"It's a moron working with power tools.
 How much more suspenseful can you get?"
 - House

SD wrote:
> On Tue, 2 Sep 2008 17:47:48 +0100, "Hog" 
> wrote:
>
>> The first thing the govmint should do is restrict mortgages to 3
>> times one earner's income.  That will bring houses back into
>> affordability for most families. Eventually.
>
> Why should it be the job of government to artificially restrict the
> availability of credit?

It's the govmints job to help make society work. Allegedly.

-- 
Hog
'03 ST4S  '96 Bastard12  '89 R100RS  '81 XS650  '78 RD400

"SD"  wrote in message 
news:6i5vnkFotjf5U1@mid.individual.net...
> On Tue, 2 Sep 2008 17:47:48 +0100, "Hog" 
> wrote:
>
>>The first thing the govmint should do is restrict mortgages to 3 times
>>one earner's income.  That will bring houses back into affordability for
>>most families. Eventually.
>
> Why should it be the job of government to artificially restrict the
> availability of credit?


Haven't you read any of Hog's posts for the past 5 years?  It's the job of 
government to do everything - it's what they are there for.

-- 
AndrewR, D.Bot (Celeritas)
Aprilia RSV-1000R, Honda VFR750F-L, Kawasaki ZX-6R, Fiat Coupe 20v Turbo
BOTAFOT#2,ITJWTFO#6,UKRMRM#1/13a,MCT#1,DFV#2,SKoGA#0 (and KotL)
BotToS#5,SBS#25,IbW#34, DS#5, COSOC# Suspended, KotTFSTR#
The speccy Geordie twat.

Speedgazebo wrote:
> On Sep 2, 10:05 pm, "Nige" 
> wrote:
>> Speedgazebo wrote:
>>> On Sep 2, 9:36 pm, "Nige" 
>>> wrote:
>>>> Speedgazebo wrote:
>>>>> On Sep 2, 6:59 pm, "Nige" 
>>>>> wrote:
>>>>>> Speedgazebo wrote:
>>>>>>> That's just cost me another ten grand then.
>>
>>>>>>> http://www.rightmove.co.uk/viewdetails-16242508.rsp?pa_n=6&tr_t=buy
>>
>>>>>>> Great. Only reduced it by 45 grand so far.
>>
>>>>>> I thought you lived near Letchworth? I'm down tomorrow evening if
>>>>>> you're
>>>>>> up
>>>>>> for a pint?
>>
>>>>>> --
>>
>>>>> I do, the house is my late Father's.
>>
>>>>> Plume of Feathers, Ickleford 8pm.?
>>
>>>>> http://www.multimap.com/maps/?qs=ickleford&countryCode=GB#map=51.9715...4&loc=GB:51.97141:-0.27988:14|ickleford|Ickleford,%20Hitchin,%20Hertfordshire,%20England,%20SG5%203
>>
>>>>> (about a mile from letchworth Hall hotel)
>>
>>>> I wont be mobile, I'm on foot, how about the Fox or Three Horseshoes?
>>
>>>> --
>>
>>> The Three Horseshoes is good, about 8 ?
>>
>> Aye, should be fine, you got my number?
>>
>
> No,but if there's any prob call me 07725 312355
>
> See you there

ok

-- 


Nige, 'It's all about the speed'

Range Rover Td6 Vogue
BMW K1200S
Suzuki GSX-R1000 K3 (coming soon)
Focus ST3

Speedgazebo wibbled:

> On Sep 2, 5:36 pm, "mike. buckley"  wrote:
> > In message
> > ,
> > Speedgazebo  writes
> > 
> > > That's just cost me another ten grand then.
> > 
> > > http://www.rightmove.co.uk/viewdetails-16242508.rsp?pa_n=6&tr_t=bu
> > > y
> > 
> > > Great. Only reduced it by 45 grand so far.
> > 
> > Ours is on sale at 209,995, reduced it a month ago but it's not
> > made any difference, 2 viewers in 3 months.  Good job we're not in
> > a rush to move, and we're upgrading so any decent percentage falls
> > actually benefit us, if we can sell of course.
> > 
> > I would have been happier if the government had just left the
> > housing market to find its own level, and the amount people will be
> > saving isn't really an issue when they can't get a mortgage anyway.
> > 
> > housepricecrash.com is just about the first site I look at every day
> > now.
> > 
> I was considering adding a gimick to the sale, my brother runs a ski
> chalet buisiness (note: no link!) and I have been thinking of throwing
> in a skiing holiday !
> Probably wouldn't  make any difference but might get some publicity!

I know you'll be forking out a substantial sum to the estate agents but
IIWY I'd offer that [1] to the sales negotiator who puts the sale
together above a certain price. This tends to focus their minds and
gets your property pushed a lot harder.

1: or a smaller cash incentive

-- 
Buzby
There's nothing more dangerous than a resourceful idiot

On Wed, 3 Sep 2008 00:59:37 +0100, "AndrewR"
 wrote:

>>>The first thing the govmint should do is restrict mortgages to 3 times
>>>one earner's income.  That will bring houses back into affordability for
>>>most families. Eventually.
>>
>> Why should it be the job of government to artificially restrict the
>> availability of credit?

>Haven't you read any of Hog's posts for the past 5 years?  It's the job of 
>government to do everything - it's what they are there for.

But sometimes he says they should do nothing.  The trick is working
out which one applies.
-- 
Champ
What doesn't kill you only makes you stronger
ZX10R | GPz750turbo | GSX-R600 racer (for sale) | ZX10R racer (broken)
neal at champ dot org dot uk

Champ wrote:
> On Wed, 3 Sep 2008 00:59:37 +0100, "AndrewR"
>  wrote:
>
>>>> The first thing the govmint should do is restrict mortgages to 3
>>>> times one earner's income.  That will bring houses back into
>>>> affordability for most families. Eventually.
>>>
>>> Why should it be the job of government to artificially restrict the
>>> availability of credit?
>
>> Haven't you read any of Hog's posts for the past 5 years?  It's the
>> job of government to do everything - it's what they are there for.
>
> But sometimes he says they should do nothing.  The trick is working
> out which one applies.

Good grief it's hardly rocket science ;o)

-- 
Hog
'06 ST4-S  '03 ST4-S
'96 Bastard12  '89 R100RS  '81 XS650  '78 RD400

In the referenced article, "mike. buckley"  writes:

>I would have been happier if the government had just left the housing
>market to find its own level, and the amount people will be saving
>isn't really an issue when they can't get a mortgage anyway.

More to the point, a saving of 1% is not worth the trouble when house
prices are falling by more than 1% per month.
-- 
Differenza fra il rivoluzionaro e il cialtrone. Il rivoluzionario
rompe l'orologio e invece di presentarsi alle nove si presenta alle
nove meno cinque. Il cialtrone rompe l'orologio e si alza alle undici.
Michael Carley: http://people.bath.ac.uk/ensmjc/

M J Carley wrote:
> In the referenced article, "mike. buckley"
>  writes:
>
>> I would have been happier if the government had just left the housing
>> market to find its own level, and the amount people will be saving
>> isn't really an issue when they can't get a mortgage anyway.
>
> More to the point, a saving of 1% is not worth the trouble when house
> prices are falling by more than 1% per month.

I believe you and I are both hanging around like hyenas anyway ;o)

-- 
Hog
'06 ST4-S  '03 ST4-S
'96 Bastard12  '89 R100RS  '81 XS650  '78 RD400

In the referenced article, "Hog"  writes:
>M J Carley wrote:

>> More to the point, a saving of 1% is not worth the trouble when
>> house prices are falling by more than 1% per month.

>I believe you and I are both hanging around like hyenas anyway ;o)

Look! A vulture!

With any luck I'll get to humiliate some greedy half-wit who believed
the propaganda about getting rich on property.
-- 
Differenza fra il rivoluzionaro e il cialtrone. Il rivoluzionario
rompe l'orologio e invece di presentarsi alle nove si presenta alle
nove meno cinque. Il cialtrone rompe l'orologio e si alza alle undici.
Michael Carley: http://people.bath.ac.uk/ensmjc/

Grimly Curmudgeon wrote:
> We were somewhere around Barstow, on the edge of the desert, when the
> drugs began to take hold. I remember "Hog" 
> saying something like:
> 
>> </BHaL Hat>
>> The first thing the govmint should do is restrict mortgages to 3 times 
>> one earner's income.  That will bring houses back into affordability for 
>> most families. Eventually.
> 
> That's what I've been saying for fucking years, but would any cunt
> listen? Of course not - that would mean all the greedy bastards wouldn't
> be able to make much of a killing, that's why. Oh, and I have absolutely
> no economic quals or credibility of course, but since when did that make
> any difference to the price of fish.
> 
> The banks did a fairly good job for decades by limiting mortgages to
> 3.5x income - of course there were rises and falls but housing remained
> affordable and FTBs always got on the ladder.

There was also the point of having to whack down a deposit of somewhere 
IRO 5%-10%. These cunts that took on 100% or 110% mortgages are just 
cunts, the must've known that if the interest rates went up by a 
gazillionth of 1% they'd be fucked. They should be made homeless to 
teach them about unbridled stupidity.

-- 
FZ1-N GS650GT Go-Ped Sport
BOMB#14 ibW#40 LotR#0 (RIP) BOTAFOT#157 BotM#3

We were somewhere around Barstow, on the edge of the desert, when the
drugs began to take hold. I remember Whinging Courier
 saying something like:

>These cunts that took on 100% or 110% mortgages are just 
>cunts, the must've known that if the interest rates went up by a 
>gazillionth of 1% they'd be fucked. They should be made homeless to 
>teach them about unbridled stupidity.

Actually, many of those cunts have my sympathy as most of them were
simply doing what they had to do to get a roof over their heads. The
unfettered greed-driven system is what screwed a lot of people over.

-- 
Dave
GS850x2 XS650 SE6a

"It's a moron working with power tools.
 How much more suspenseful can you get?"
 - House

Grimly Curmudgeon wrote:
> We were somewhere around Barstow, on the edge of the desert, when the
> drugs began to take hold. I remember Whinging Courier
>  saying something like:
> 
>> These cunts that took on 100% or 110% mortgages are just 
>> cunts, the must've known that if the interest rates went up by a 
>> gazillionth of 1% they'd be fucked. They should be made homeless to 
>> teach them about unbridled stupidity.
> 
> Actually, many of those cunts have my sympathy as most of them were
> simply doing what they had to do to get a roof over their heads. The
> unfettered greed-driven system is what screwed a lot of people over.

Sorry but that simply isn't true. There were and still are plenty of 
places to rent. I could've had a mortgage but the greed system works 
both ways. I just wouldn't stretch myself so far that if my weekly shop 
went up by a fiver I'd be fucked. I have nothing to show for the 
hundreds of thousands of pounds I've spent in rent but what I do have is 
security  and that, as they say, is priceless.


-- 
FZ1-N GS650GT Go-Ped Sport
BOMB#14 ibW#40 LotR#0 (RIP) BOTAFOT#157 BotM#3

Whinging Courier wibbled:


>  I have nothing to show for the
> hundreds of thousands of pounds I've spent in rent but what I do have
> is security  and that, as they say, is priceless.

Is your landlord up to date with his mortgage payments?

-- 
Buzby
There's nothing more dangerous than a resourceful idiot

Buzby wrote:

> Whinging Courier wibbled:
> 
> 
> >  I have nothing to show for the
> > hundreds of thousands of pounds I've spent in rent but what I do
> > have is security  and that, as they say, is priceless.
> 
> Is your landlord up to date with his mortgage payments?

How poor do you think Brent Borough Council are?

-- 
Lozzo
SV650S K5, CBR600F-W, SR250 SpazzTrakka
and a shit load more 2-wheeled junk in the garage
I believe in free speech, but I still have to pay my phone bill

We were somewhere around Barstow, on the edge of the desert, when the
drugs began to take hold. I remember Whinging Courier
 saying something like:

>> Actually, many of those cunts have my sympathy as most of them were
>> simply doing what they had to do to get a roof over their heads. The
>> unfettered greed-driven system is what screwed a lot of people over.
>
>Sorry but that simply isn't true. There were and still are plenty of 
>places to rent. 


Thousands of people are perfectly happy to rent for their entire life
but thousands aren't; and as they see the affordability of even starter
homes slipping out of reach they desperately try to get on the ladder
before it's too late, such is the desire to own a place. 

It's priceless - the banks/BSs fuelled the price rises and also lent way
over the odds to people who had no choice but to stick their neck on the
block - then they get all huffy and start screwing people when they
can't pay as it goes to shit.
-- 
Dave
GS850x2 XS650 SE6a

"It's a moron working with power tools.
 How much more suspenseful can you get?"
 - House

Grimly Curmudgeon wrote:
> We were somewhere around Barstow, on the edge of the desert, when the
> drugs began to take hold. I remember Whinging Courier
>  saying something like:
> 
>>> Actually, many of those cunts have my sympathy as most of them were
>>> simply doing what they had to do to get a roof over their heads. The
>>> unfettered greed-driven system is what screwed a lot of people over.
>> Sorry but that simply isn't true. There were and still are plenty of 
>> places to rent. 
> 
> 
> Thousands of people are perfectly happy to rent for their entire life
> but thousands aren't; and as they see the affordability of even starter
> homes slipping out of reach they desperately try to get on the ladder
> before it's too late, such is the desire to own a place. 

I have a desire to own certain cars/motorbikes and guitars/amps but I'm 
not going to get myself into trouble by doing it, despite the strong desire.

> It's priceless - the banks/BSs fuelled the price rises and also lent way
> over the odds to people who had no choice but to stick their neck on the
> block - then they get all huffy and start screwing people when they
> can't pay as it goes to shit.

So when did the suddenly start doing this? When I was first in a 
position to buy a house I had to show bank accounts, wage slips, 
references from previous employers and have 5% deposit. I was also 
grilled by the BS manager. After that I didn't bother but it look like 
any Tom, Dick or Harry can apply online and get a huge mortgage/loan on 
the basis of an online form with no other real form of proof of (can't 
remember the word) creditworthiness. Sorry, but the banks are just 
exploiting peoples' greed and stupidity and rightly so, if the customers 
borrow beyond their means, and yes, I believe they do know what they're 
doing is financial suicide potentially they deserve what's coming to them.
-- 
FZ1-N GS650GT Go-Ped Sport
BOMB#14 ibW#40 LotR#0 (RIP) BOTAFOT#157 BotM#3

In message <g9m8hv$tb6$1@registered.motzarella.org>, Grimly Curmudgeon 
 writes
>We were somewhere around Barstow, on the edge of the desert, when the
>drugs began to take hold. I remember Whinging Courier
> saying something like:
>
>>> Actually, many of those cunts have my sympathy as most of them were
>>> simply doing what they had to do to get a roof over their heads. The
>>> unfettered greed-driven system is what screwed a lot of people over.
>>
>>Sorry but that simply isn't true. There were and still are plenty of
>>places to rent.
>
>
>Thousands of people are perfectly happy to rent for their entire life

I still don't get how this works when you retire?  How do you keep 
enough income to pay your rent when you stop working?  My philosophy is 
that there's no fuggin way I'm using savings or pensions to pay 
rent/mortgage.


-- 
Mike Buckley
RD350LC2
CB72
http://www.toastyhamster.plus.com

"mike. buckley"  gurgled happily, sounding much like
they were saying:

>>Thousands of people are perfectly happy to rent for their entire life

> I still don't get how this works when you retire?  How do you keep
> enough income to pay your rent when you stop working?

You don't. The taxpayer does.

In message , Adrian 
 writes
>"mike. buckley"  gurgled happily, sounding much like
>they were saying:
>
>>>Thousands of people are perfectly happy to rent for their entire life
>
>> I still don't get how this works when you retire?  How do you keep
>> enough income to pay your rent when you stop working?
>
>You don't. The taxpayer does.

So some European countries that have the majority renting all get their 
private rents paid for by taxes when they retire?  I think I'll move 
there and on my 65th birthday I'll rent a massive mansion!

-- 
Mike Buckley
RD350LC2
CB72
http://www.toastyhamster.plus.com

We were somewhere around Barstow, on the edge of the desert, when the
drugs began to take hold. I remember "mike. buckley" 
saying something like:

>>> I still don't get how this works when you retire?  How do you keep
>>> enough income to pay your rent when you stop working?
>>
>>You don't. The taxpayer does.
>
>So some European countries that have the majority renting all get their 
>private rents paid for by taxes when they retire?  I think I'll move 
>there and on my 65th birthday I'll rent a massive mansion!

There will be a cap, of course. Probably enough to just about pay for a
room or two.
-- 
Dave
GS850x2 XS650 SE6a

"It's a moron working with power tools.
 How much more suspenseful can you get?"
 - House

On Wed, 03 Sep 2008 14:57:07 +0100, Whinging Courier
 blethered:

>Grimly Curmudgeon wrote:
>> We were somewhere around Barstow, on the edge of the desert, when the
>> drugs began to take hold. I remember Whinging Courier
>>  saying something like:
>> 
>>> These cunts that took on 100% or 110% mortgages are just 
>>> cunts, the must've known that if the interest rates went up by a 
>>> gazillionth of 1% they'd be fucked. They should be made homeless to 
>>> teach them about unbridled stupidity.
>> 
>> Actually, many of those cunts have my sympathy as most of them were
>> simply doing what they had to do to get a roof over their heads. The
>> unfettered greed-driven system is what screwed a lot of people over.
>
>Sorry but that simply isn't true. There were and still are plenty of 
>places to rent. 

And when the rent goes up?

>I could've had a mortgage but the greed system works 
>both ways. I just wouldn't stretch myself so far that if my weekly shop 
>went up by a fiver I'd be fucked. I have nothing to show for the 
>hundreds of thousands of pounds I've spent in rent but what I do have is 
>security  and that, as they say, is priceless.

How do you have security in rented property? Council house?