Interest rates
09 August 2013, 07:04 PM
#151
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It's like being glad you're having your legs amputated so you don't have to clip your toenails
09 August 2013, 07:22 PM
#152
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Haha, very well put Lydia! I've lived in our gaff now for nearly 10 years and not once have I had to do any DIY. Granted, my tool box (it's actually a shoe box lol) consists of a hammer and one of those multi fit screwdriver types things, and also a handful of raw plugs?? Bottom line is, this house will be paid for eventually, and when I retire I will have options, down size etc...
09 August 2013, 07:23 PM
#153
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I'm astonished at the interest in the fact we choose to rent not buy.
Yes most of you have "bought" (of course, it's mostly owned by the bank until near the end of the mortgage), you all think it's the best idea - whoopee freaking doo. We choose otherwise, we life a bit differently not through poverty but because we want to. Does it really matter?
This thread is going nowhere and reminds me of the "bad old days" on SN.
Let's leave it and drink beer (and wine) instead.
Yes most of you have "bought" (of course, it's mostly owned by the bank until near the end of the mortgage), you all think it's the best idea - whoopee freaking doo. We choose otherwise, we life a bit differently not through poverty but because we want to. Does it really matter?
This thread is going nowhere and reminds me of the "bad old days" on SN.
Let's leave it and drink beer (and wine) instead.
09 August 2013, 07:28 PM
#154
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09 August 2013, 07:52 PM
#155
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It's not a social solution, in fact it isn't even misguided free market ideology but a purely cynical exercise in exploiting the unproprieted.
You see housing as a magic money tree, I see only old fashioned rent seeking, same as the feudal lord, extracting wealth from other people in return for doing nothing. This is what our housing market boils down to or at least the BTL element. With prices rising, rents going up, social housing behind squeezed, the precariat are being set up for wholesale exploitation by an owning class, shackled for life.
This isn't the sort of capitalism your hero Ron Paul espouses.
You see housing as a magic money tree, I see only old fashioned rent seeking, same as the feudal lord, extracting wealth from other people in return for doing nothing. This is what our housing market boils down to or at least the BTL element. With prices rising, rents going up, social housing behind squeezed, the precariat are being set up for wholesale exploitation by an owning class, shackled for life.
This isn't the sort of capitalism your hero Ron Paul espouses.
09 August 2013, 08:31 PM
#157
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I'm astonished at the interest in the fact we choose to rent not buy.
Yes most of you have "bought" (of course, it's mostly owned by the bank until near the end of the mortgage), you all think it's the best idea - whoopee freaking doo. We choose otherwise, we life a bit differently not through poverty but because we want to. Does it really matter?
This thread is going nowhere and reminds me of the "bad old days" on SN.
Let's leave it and drink beer (and wine) instead.
Yes most of you have "bought" (of course, it's mostly owned by the bank until near the end of the mortgage), you all think it's the best idea - whoopee freaking doo. We choose otherwise, we life a bit differently not through poverty but because we want to. Does it really matter?
This thread is going nowhere and reminds me of the "bad old days" on SN.
Let's leave it and drink beer (and wine) instead.
..and that just maybe you're talking some sense
09 August 2013, 08:35 PM
#158
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The increase in population doesn't bode well for you there though
Supply and demand of course, but taxes are going to have to rise to cover nhs so people will be living on bread and water soon
Supply and demand of course, but taxes are going to have to rise to cover nhs so people will be living on bread and water soon
09 August 2013, 08:48 PM
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09 August 2013, 08:58 PM
#161
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Yeh, well that's political expediency as far as im concerned, although I'm sure they also hoped funding for business might be better.
Didn't work out though as far as I can tell
Didn't work out though as far as I can tell
09 August 2013, 09:01 PM
#162
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We just don't want to buy; too much fun still to be had! Yes it's unusual but it's our choice and we've spent a lot of time thinking about it.
Some good points here but like a belligerent child, we like things renting, saving and being able to do stuff like naff off to Europe for five weeks in our camper. Which we did in June.
Some good points here but like a belligerent child, we like things renting, saving and being able to do stuff like naff off to Europe for five weeks in our camper. Which we did in June.
Anyway was speaking to a mate (not Alex) who said quite an interesting property is coming on the market soon, not quite on yet though
Will need knocking down and rebuilding but a good project
Apparently it is opposite the Spar in Rock - circa 350k
Live on site in a caravan for a year or two, self build and you would have a good buy
09 August 2013, 10:38 PM
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Mattee, I have just had a lovely evening sail out of porthilly
Anyway was speaking to a mate (not Alex) who said quite an interesting property is coming on the market soon, not quite on yet though
Will need knocking down and rebuilding but a good project
Apparently it is opposite the Spar in Rock - circa 350k
Live on site in a caravan for a year or two, self build and you would have a good buy
Anyway was speaking to a mate (not Alex) who said quite an interesting property is coming on the market soon, not quite on yet though
Will need knocking down and rebuilding but a good project
Apparently it is opposite the Spar in Rock - circa 350k
Live on site in a caravan for a year or two, self build and you would have a good buy
Cracking sunset wasn't it?!
09 August 2013, 10:49 PM
#169
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09 August 2013, 11:29 PM
#170
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It's not a social solution, in fact it isn't even misguided free market ideology but a purely cynical exercise in exploiting the unproprieted.
You see housing as a magic money tree, I see only old fashioned rent seeking, same as the feudal lord, extracting wealth from other people in return for doing nothing. This is what our housing market boils down to or at least the BTL element. With prices rising, rents going up, social housing behind squeezed, the precariat are being set up for wholesale exploitation by an owning class, shackled for life.
This isn't the sort of capitalism your hero Ron Paul espouses.
You see housing as a magic money tree, I see only old fashioned rent seeking, same as the feudal lord, extracting wealth from other people in return for doing nothing. This is what our housing market boils down to or at least the BTL element. With prices rising, rents going up, social housing behind squeezed, the precariat are being set up for wholesale exploitation by an owning class, shackled for life.
This isn't the sort of capitalism your hero Ron Paul espouses.
Good luck with your studies, the opinionated spouting you do as a result has become dreary though. It doesn't appear to enrich anyone or anything so I will give it a negative value in our cut throat economy since it is a diversion from productive activity.
Last edited by john banks; 09 August 2013 at 11:31 PM.
09 August 2013, 11:56 PM
#171
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Even though at peak season you can get an easy 2k per week ( less agency fees etc)
Mattees deal works for both parties because the owner paid a fraction of the 700k estimated current value
And gets a reliable, no hassle 52 week a year income of 1k a month
The owner could prob sweat the asset for a few more bucks but I am sure he takes the view that life is too short
10 August 2013, 12:05 AM
#172
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I'm not being idealistic, just taking legal advantage of any situation I can. I'm paying lots of tax which salves any guilt I might have, which is about zero anyway
Good luck with your studies, the opinionated spouting you do as a result has become dreary though. It doesn't appear to enrich anyone or anything so I will give it a negative value in our cut throat economy since it is a diversion from productive activity.
Good luck with your studies, the opinionated spouting you do as a result has become dreary though. It doesn't appear to enrich anyone or anything so I will give it a negative value in our cut throat economy since it is a diversion from productive activity.
You are one who is playing an exploitative game with property not me, so don't try and tell me you are enriching anyone but yourself...at the one to one cost of someone else.
Last edited by tony de wonderful; 10 August 2013 at 12:08 AM.
10 August 2013, 07:29 AM
#173
10 August 2013, 08:29 AM
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10 August 2013, 08:42 AM
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lmao. Thats quality
10 August 2013, 08:43 AM
#176
Ploughing money in property to extract more back as rent is absolutely not productive activity.
You are one who is playing an exploitative game with property not me, so don't try and tell me you are enriching anyone but yourself...at the one to one cost of someone else.
You are one who is playing an exploitative game with property not me, so don't try and tell me you are enriching anyone but yourself...at the one to one cost of someone else.
10 August 2013, 09:05 AM
#177
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Ploughing money in property to extract more back as rent is absolutely not productive activity.
You are one who is playing an exploitative game with property not me, so don't try and tell me you are enriching anyone but yourself...at the one to one cost of someone else.
You are one who is playing an exploitative game with property not me, so don't try and tell me you are enriching anyone but yourself...at the one to one cost of someone else.
10 August 2013, 12:05 PM
#178
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10 August 2013, 01:55 PM
#179
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10 August 2013, 05:51 PM
#180
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I'm sure the the likes of Mattee doesn't feel he's being exploited. At the end of the day, it at least is providing you with affordable accommodation whilst allowing you to save for a place of your own and/or somewhere to live other than your parents house or near a place of work. No one is unjustly forcing you to rent.
Rising property costs does have a social affect of 'forcing' more people to rent you are wrong, and directly enables a class of rentiers to extract more wealth from another class of renters in return for doing nothing.