David wrote:
<b> What is this about, there is no reason anyone should have to explain why a property they own is not in use. Once they are paying the council tax on it they can do what they like, even if it is holding onto it as an investment. The govenment should be building COUNCIL houses and not letting housing **** fill the void they have created</b>

Angryman wrote:
God, the people writing these comments above sound like Hitler or Thatcher to me... None of them gives a thought for their own children who won't be able to buy a home anywhere because of their greed! (nice one mums and dads) None of them can argue against the fact that the people who keep society going ie. nurses/teachers/fire men/civil servants/etc can't buy a home in 98% of the country, therefore forced into wasting their low incomes on inflated rents! None of them can argue against the fact that even though my girlfriend and I work over 100 hours a week between us that we can't afford to buy, while still paying our Landlady's mortgage! And none of those people commenting above are intelligent enough to understand why society is being divided up into haves and have nots and simply blame it on 'laziness'. Well, have they got a thing coming or what.

Angryman wrote:
Can I just link up a few points here: The people who are inviting/letting in foreign workers who earn less abroad are the British business owners who want them here to keep all our wages down and their profits up. And guess what? They\'re the British business owners who own property yet pay NO TAXES through government loopholes. Less tax coming in from the rich means less council homes for all of us. They\'ve only built 100 council homes in the last 20 years! More taxes for wars and big business trade benefits so you lot can buy cheap clothes in Primark while the whole world suffers! You cannot explore a single topic without putting it into context. Or is all that too complicated for you rascist lot?

Uge wrote:
Yeah true. Im a home owner. I have to pay that rip off council tax that gets me bugger all in return!!! But im paying it! Im not always there at my property but i dont really care if their are people looking for housing or not... i own my property and i will do with it whatever the hell i want to do with it... i have seen the stats and a lot of families looking for homes are jobless lazy gits... so i dont care if they are housed!! If the government was to tell me what i can and cant do with my propety they will have a fight on their hands!!! I am keeping hold of my property as it is making me a profit and i have tried rent it out but in my area all i get is .. nia nia nia do u accept dss!! no i dont!! thats why its empty!!! Why do us workers and proper citizens get this hassle and the lazy gits that have no jobs get my home that i worked hard for... i hate this country!!

Angryman wrote:
To TD, WORTHING I don't think you realise the situation us renters are in. My girlfriend and I earn approx £30,000 a year between us but that's not enough to buy a home. To afford a one bed flat at £180,000 we would have to borrow six times our salaries! Compare that to my Dad who as a copper in 1975 could buy his first home for £9,000 on an annual salary of £11,000! 2) Building homes for key workers is failing for two reasons: one, they're still too expensive and two, the taxpayer is still subsidising private home builders with taxpayers' money rather than building homes themselves - council homes that we ALL own (remember?) 3) Key public sector workers like nurses have had pay cut after pay cut with below inflation rises along with 'reforms' to their pensions. Added to this is the fact that practically most key frontline staff earn below the national average salary of £24,000 PA. Public sector workers are some of the lowest paid in society! (A bus driver earns just £350 a week! How else would you get to work when running a car is too expensive?) 4) There is enough money and resources in this world for everyone to live a decent standard of living, even before we start talking about whether people deserve it or not... Unfortunately, some people - mainly those who have the power to create jobs, build homes, solve global warming, etc, have undemocratically decided to hoard vast swathes of it for themselves leaving us lot to fight amongst ourselves for the scraps that are left. It is these rich non-tax paying people who are our enemy, they are the ones who can solve these problems with their wealth and ownership (unless we take it off them and democratically solve these problems) And lastly, did you know that the same top 100 richest families in the UK at the time of Henry VIII (8th) still own the same land they did then today? We need a revolution and these people have been warned...

Ben Wheeler wrote:
I've been Keeping watch on propertysnake.co.uk since signing up to it about three months back, since just after Christmas the number of properties on this site, which advertises properties that have been reduced in price by estate agents, has increased from about 89.000 to 110.000, or at the rate 2.500 a week, the largest price reduction being about 45%, and 10% probably being a good average reduction in the southeast! So remember this, History shows that on average all PROPERTY BOOMS will be followed by a PROPORTIONAL BUST, so if you are living at home with your parents? Keep saving! and if your renting? Approach your landlord for a rent discount! Is been the longest wait in history waiting for this boom to end for those who do not own their own home! In America, the house prices have now officially fallen nationaly for the first time since the depression! The wait will have been worth it!

Graham wrote:
Great fun reading all of the comments about property 'you' own. Obviously you don't realise that all land in England is still owned by the Crown - the most you can have is one of a range of rights over the property. You have to admire Bliar and now Broon. You've been paying six times salary morgages plus all that stamp duty to the treasury for a fictional sense of ownership. The state can do whatever it wants with your empty property, whether you like it or not.

td wrote:

Angryman wrote: To TD, WORTHING I don't think you realise the situation us renters are in. My girlfriend and I earn approx £30,000 a year between us but that's not enough to buy a home. To afford a one bed flat at £180,000 we would have to borrow six times our salaries! Compare that to my Dad who as a copper in 1975 could buy his first home for £9,000 on an annual salary of £11,000! 2) Building homes for key workers is failing for two reasons: one, they're still too expensive and two, the taxpayer is still subsidising private home builders with taxpayers' money rather than building homes themselves - council homes that we ALL own (remember?) 3) Key public sector workers like nurses have had pay cut after pay cut with below inflation rises along with 'reforms' to their pensions. Added to this is the fact that practically most key frontline staff earn below the national average salary of £24,000 PA. Public sector workers are some of the lowest paid in society! (A bus driver earns just £350 a week! How else would you get to work when running a car is too expensive?) 4) There is enough money and resources in this world for everyone to live a decent standard of living, even before we start talking about whether people deserve it or not... Unfortunately, some people - mainly those who have the power to create jobs, build homes, solve global warming, etc, have undemocratically decided to hoard vast swathes of it for themselves leaving us lot to fight amongst ourselves for the scraps that are left. It is these rich non-tax paying people who are our enemy, they are the ones who can solve these problems with their wealth and ownership (unless we take it off them and democratically solve these problems) And lastly, did you know that the same top 100 richest families in the UK at the time of Henry VIII (8th) still own the same land they did then today? We need a revolution and these people have been warned...

In response... 1) you opened your original comments with a statement that you and your girlfriend work 100 hrs a week between you and could not afford a property. THis now changes to you jointly earning £30k. My suggestion is that you get additional jobs if you want to but a £180k property which is the base level you describe. There are MANY at much lower prices then that in Brighton. Yep it may not be ideal but I and my wife lived in a horrible 1 bed falt in Brighton which was the most we could afford when we married. If you want things mate you have to work for them! 2)The self defined "key worker" brigade earns far more then the national average with that rare thing called overtime, tea breaks etc. A lot of key workers are just milking the system now with premature early retirement, dossing off on eternal courses etc so in terms of sympathy the public are fed up with this whole key worker story. Portraying police and others as hero's when they pick up healthy overtime when there is an incident such as the Sarah Payne search/murder. You seem so keen on public sector salary's yourself I'm surprised that you and your partner are not after the joint £48k p.a. that you could be earning there. 4) Get off your but and earn some money rather than whinging on about some global income redistribution.

Graham wrote:
Angela, Brighton. I already 'own' a property, thank you - in the sense that I have a freehold title and no mortgage. As for the nature of English land law I also know exactly what I'm talking about. If you don't believe me, have a look at almost any land law textbook. You can do this for free by using the 'search inside' function on Amazon. Any real sense of property ownership in England is based upon the good grace of the Crown. The muppets are those who mortgage away their lives in the misguided belief that they will/may eventually 'own' something.

Phil wrote:

td wrote:

Angryman wrote: To TD, WORTHING I don't think you realise the situation us renters are in. My girlfriend and I earn approx £30,000 a year between us but that's not enough to buy a home. To afford a one bed flat at £180,000 we would have to borrow six times our salaries! Compare that to my Dad who as a copper in 1975 could buy his first home for £9,000 on an annual salary of £11,000! 2) Building homes for key workers is failing for two reasons: one, they're still too expensive and two, the taxpayer is still subsidising private home builders with taxpayers' money rather than building homes themselves - council homes that we ALL own (remember?) 3) Key public sector workers like nurses have had pay cut after pay cut with below inflation rises along with 'reforms' to their pensions. Added to this is the fact that practically most key frontline staff earn below the national average salary of £24,000 PA. Public sector workers are some of the lowest paid in society! (A bus driver earns just £350 a week! How else would you get to work when running a car is too expensive?) 4) There is enough money and resources in this world for everyone to live a decent standard of living, even before we start talking about whether people deserve it or not... Unfortunately, some people - mainly those who have the power to create jobs, build homes, solve global warming, etc, have undemocratically decided to hoard vast swathes of it for themselves leaving us lot to fight amongst ourselves for the scraps that are left. It is these rich non-tax paying people who are our enemy, they are the ones who can solve these problems with their wealth and ownership (unless we take it off them and democratically solve these problems) And lastly, did you know that the same top 100 richest families in the UK at the time of Henry VIII (8th) still own the same land they did then today? We need a revolution and these people have been warned...

In response... 1) you opened your original comments with a statement that you and your girlfriend work 100 hrs a week between you and could not afford a property. THis now changes to you jointly earning £30k. My suggestion is that you get additional jobs if you want to but a £180k property which is the base level you describe. There are MANY at much lower prices then that in Brighton. Yep it may not be ideal but I and my wife lived in a horrible 1 bed falt in Brighton which was the most we could afford when we married. If you want things mate you have to work for them! 2)The self defined "key worker" brigade earns far more then the national average with that rare thing called overtime, tea breaks etc. A lot of key workers are just milking the system now with premature early retirement, dossing off on eternal courses etc so in terms of sympathy the public are fed up with this whole key worker story. Portraying police and others as hero's when they pick up healthy overtime when there is an incident such as the Sarah Payne search/murder. You seem so keen on public sector salary's yourself I'm surprised that you and your partner are not after the joint £48k p.a. that you could be earning there. 4) Get off your but and earn some money rather than whinging on about some global income redistribution.

'td' - is that Latin for complete idiot?

Ron wrote:

Ben Wheeler wrote: I've been Keeping watch on propertysnake.co.uk since signing up to it about three months back, since just after Christmas the number of properties on this site, which advertises properties that have been reduced in price by estate agents, has increased from about 89.000 to 110.000, or at the rate 2.500 a week, the largest price reduction being about 45%, and 10% probably being a good average reduction in the southeast! So remember this, History shows that on average all PROPERTY BOOMS will be followed by a PROPORTIONAL BUST, so if you are living at home with your parents? Keep saving! and if your renting? Approach your landlord for a rent discount! Is been the longest wait in history waiting for this boom to end for those who do not own their own home! In America, the house prices have now officially fallen nationaly for the first time since the depression! The wait will have been worth it!

You are a complete muppet Come back when you know what you are talking about

Phil wrote:
<b> The fact of the matter is that when there isn't enough housing to go around, and the market is as clearly over-heated as it is - a responsible government would step in and control the situation appropriately.

Housing is for homes and not investment. There is a stock market in London - if you're looking to keep your money safe go and find an appropriate share or commodity to suit your needs. Leave the housing market for parents who want to be able to bring up their children in a secure environment.

The government has been irresponsible to allow the market to get into this mess. Personally I would be satisfied to see the whole greedy lot of buy-to-let investors ruined financially. </b>

Luke wrote:
I don't really think its appropriate to call it a crash, its merely a correction to more historically average levels of salary-multiple. I would imagine it would revert to a closer parity between mortgage and rent (though rents may drop during the recession for a couple of years of course) I can't really see this being much more than 20-35% in real terms, and of course most of that is just the froth of the last couple of years, im sure most that bought earlier won't really mind, as the houses they would like to trade up to will be priced lower by similar amounts Really its the northern and the midlands where there is great oversupply where this will all be concentrated anyhow, I would imagine that will affect us a little less down here on the south coast

Angryman wrote:
<b> Can I just link up a few points here:

The people who are inviting/letting in foreign workers who earn less abroad are the British business owners who want them here to keep all our wages down and their profits up. And guess what? They're the British business owners who own property yet pay NO TAXES through government loopholes. Less tax coming in from the rich means less council homes for all of us. They've only built 100 council homes in the last 20 years! More taxes for wars and big business trade benefits so you lot can buy cheap clothes in Primark while the whole world suffers!

You cannot explore a single topic without putting it into context. Or is all that too complicated for you rascist lot?</b>

betty swallox wrote:
<b>

Uge wrote:
Yeah true. Im a home owner. I have to pay that rip off council tax that gets me bugger all in return!!! But im paying it! Im not always there at my property but i dont really care if their are people looking for housing or not... i own my property and i will do with it whatever the hell i want to do with it... i have seen the stats and a lot of families looking for homes are jobless lazy gits... so i dont care if they are housed!! If the government was to tell me what i can and cant do with my propety they will have a fight on their hands!!! I am keeping hold of my property as it is making me a profit and i have tried rent it out but in my area all i get is .. nia nia nia do u accept dss!! no i dont!! thats why its empty!!! Why do us workers and proper citizens get this hassle and the lazy gits that have no jobs get my home that i worked hard for... i hate this country!!

F**k off then,greedy selfish,to**er,peopl
e should not own more than one proprty in on specific area,housing is a need we all have,i work hard in a full time job that pays just below the average wage yet i cannot afford to buy,with my young family growing up and the cost of living high people like myself are iching for more affordable accommodation,i have very little left at the end of the month after paying rent(someone else's mortgage)council tax and bills,so i would die for a cheaper,more affordable house and it's people like greedy pratts like you that prevent my hard earned money from being invested,i hope they put a compulsary purchase on your house and i would love to see your face when they do.t</b>

td wrote:
Its about time that they relocated economically inactive people in council housing up north where there is surplus housing. End of the day, they do not intend to work and just need sky tv, takeaways and lager to keep them happy.

bob mackie wrote:

td wrote: Its about time that they relocated economically inactive people in council housing up north where there is surplus housing. End of the day, they do not intend to work and just need sky tv, takeaways and lager to keep them happy.

put all the econimically inactive people up north eh? Why not go the whole hog and endorse racial segregation, or perhaps removal of rights for gay people? You t*at.

Adam wrote:
HAVE YOU NOTICED HOW THOSE THAT DONT HAVE, ALWAYS WANT THOSE THAT HAVE TO LOSE OUT, SO THOSE THAT HAVENT CAN HAVE SOME OF THE ACTION? WAKE UP FOR GODS SAKE - SOME PEOPLE DESERVE TO BE \\\'FINANCIALLY COMFORTABLE\\\' HAVING WORKED THEIR NUTS OFF FOR YEARS TO GET THERE, WHILE OTHERS DONT DESERVE NOTHING HAVING SCROUNGED OFF THE BENEFIT SYSTEM ALL THEIR LIVES. AND OF COURSE THERE ARE MANY IN BETWEEN THAT WONT BE SO WELL OFF, BUT AT LEAST TRY TO GET THERE - LIKE ME. STOP MOANING - DO YOU WANT TO LIVE IN A COMMUNIST COUNTRY WHERE EVERYONE HAS EXACTLY THE SAME SIZE \\\'CONCRETE BOX\\\' TO LIVE IN? AND EVERYONE EARNS THE STANDARD STATE POVERTY LEVEL WAGE EACH WEEK? WHEN I SEE SOMEONE THAT HAS MADE IT GOOD, I SIMPLY THINK TO MYSELF HOW I CAN IMPROVE MY STANDARD OF LIVING, LIKE HE DID. ITS DOWN TO ME, NO ONE ELSE. FINALLY, 99% OF BENEFITS SHOULD BE STOPPED. IF THESE SCUM BAG FAMILIES HAD NO FOOD (OR LAGER) THEY WOULD HAVE TO GET OFF THEIR LAZY ARSES AND DO SOME WORK.

Karla wrote:
House prices are already crashing AND IT'S A JOY TO BEHOLD! I laugh everytime I hear bearish news in the media. Remember, it all balances out in the end, and more greedy the people have then the more they will be in negative equity. After all, why buy now when we all know prices are dropping? Houses are now worth whatever price it takes for people to start buying again ... but the sellers haven't yet realised this.

Andy wrote:

Karla wrote: House prices are already crashing AND IT'S A JOY TO BEHOLD! I laugh everytime I hear bearish news in the media. Remember, it all balances out in the end, and more greedy the people have then the more they will be in negative equity. After all, why buy now when we all know prices are dropping? Houses are now worth whatever price it takes for people to start buying again ... but the sellers haven't yet realised this.

you are just a selfish cow. you want lots of hard working people that are buying a home for themselves to lose everything, just so YOU can get on the property and investment ladder. You will then be celebrating as YOUR home goes up in value sad b1tch

luke wrote:
but leebo you havent lost out at all! a) you have no debt b) you are paying less in rent than you would be for a mortgage c) you property is looked after by somebody else d) its easy to move somewhere else should you need to e) no worries about if something goes wrong with place f) ability to put savings from renting into something more liquid than property

Clive wrote:
Nice to see that many of the bulls have resorted to insults rather than reasoned, supported argument. Anyone who suggests that they may lose some of their fantasy wealth is a \"b1tch\" etc. At least this answers one question. if this displays the average intellect and literacy levels of those who have created the biggest property bubble in living memory, it\'s hardly surprising - what chance of reading the mortgage small print, let alone all of the economic history literature which points out time and again how asset bubbles ALWAYS burst.

Leebo wrote:

Clive wrote: Nice to see that many of the bulls have resorted to insults rather than reasoned, supported argument. Anyone who suggests that they may lose some of their fantasy wealth is a \\\"b1tch\\\" etc. At least this answers one question. if this displays the average intellect and literacy levels of those who have created the biggest property bubble in living memory, it\\\'s hardly surprising - what chance of reading the mortgage small print, let alone all of the economic history literature which points out time and again how asset bubbles ALWAYS burst.

I totally agree Clive. Why are they so defensive, rude and angry? It may have something to do with the fact that the country has been brainwashed into thinking that house prices only ever go up, that our homes will be our pensions. The only points of view we ever hear on the TV or in the press are from property investors, estate agents or Journos and MP\'s with a vested interest in talking up the market. Now the gravy train is hurtling towards a cliff with no breaks all the passengers are kacking themselves! Thank god some of us got off a few stations back.

Clive wrote:
Nice to see that many of the bulls have resorted to insults rather than reasoned, supported argument. Anyone who suggests that they may lose some of their fantasy wealth is a "b1tch" etc. At least this answers one question. if this displays the average intellect and literacy levels of those who have created the biggest property bubble in living memory, it's hardly surprising - what chance of reading the mortgage small print, let alone all of the economic history literature which points out time and again how asset bubbles ALWAYS burst.

Clive wrote:
Ricky & Lucia. I 'own' a house and look forward to it halving in value over the next few years, so I certainly don't fit your category. Has it occured to you that some people have wider ethical awareness than the selfish approach you show? Why would I want upcoming generations to be stuck with virtually no security of tenure in the rental sector because they are permanently priced out of the market? If you have a property solely to live in, it wouldn't matter to you what it was worth. If you are worried because you have investment properties then you deserve to lose as you are hoarding a scarce resource to the detriment of others - which is immoral.

Rupert wrote:
THE FOLLOWING IS A QUOTE FROM THE BANK OF ENGLAND, MADE YESTERDAY \"The Bank predicts that UK growth will slow to less than 2% by the end of 2008, from around 3% currently, although Mr King said the outlook was less gloomy in the regions\" \"It\'s striking that once you get away from London and the City, the mood is very different - there\'s caution, but not the doom and gloom you get from people connected with the financial services\" So dont believe everything the doom and gloom merchants post on here - its 90% crap, and full of hidden agender type quotations they found on Google when they searched for something to write about to make themselves sound clever.

daveyj wrote:
Hmmm, I\'m looking to buy in Brighton, got a call from an Est Ag reduced flat from 195k to 165k, I can tell you that i get 4 calls a week like this, so I aint gonna buy Im sitting on my hands, roll on the crash!

negative equity wrote:
I love this site...I also love the last days of dying governments ...if the comments on here are anything to go by we all know who's NOT getting back in at the 2010 election..and the housing crash has only just started!! To those who want houses - sit tight- dont be tempted to buy when you see modest falls -only a few more months before even the blind will be able to see which way its heading - down down deeper on down- bargains galore in 2009 and to those who sit on their fake property portfolios built with cheap borrowed money thinking their pensions are made - I'll see you at the auction house - housepricecrash.co.u k read it and weep ..!!

daveyj wrote:
Hmmm, I'm looking to buy in Brighton, got a call from an Est Ag reduced flat from 195k to 165k, I can tell you that i get 4 calls a week like this, so I aint gonna buy Im sitting on my hands, roll on the crash!

loulou wrote:
Brightonians will get their day because it is obvious all around that it is going to crash like a train when the recession really hits.Houses at current prices just aren't selling and the same ones have been on rightmove for up to a year!Cheaper homes are coming DON@T BUY NOW!!!!

Clive wrote:
T.Ruth. As you only exchanged yesterday, your property details will still be on the EA website and/or Rightmove etc. Let's have the agent and property details so that we can check for ourselves that the property is indeed 30k more expensive than rival equivalents.

Clive wrote:
T.Ruth. As you only exchanged yesterday, your property details will still be on the EA website and/or Rightmove etc. Let's have the agent and property details so that we can check for ourselves that the property is indeed 30k more expensive than rival equivalents.

Lara wrote:
T.Ruth exchange in three weeks yeah yeah, you'd be lucky to exchange in 6 months, that's the going rate in this fine city. Andy and Angela a good double act, just bought have you, oh dear never mind. Sometimes people just have to learn the hard way.

Lara wrote:
T.Ruth you're trying too hard now and none of us is buying it.

Clive wrote:
T.Ruth. You've now proved to everyone that you haven't a clue what you're talking about. 2 years to become public - have you looked at the Land Registry site, or the sold prices section of Rightmove, ever?! Even with the postcode, what's the big secret? Properties for sale usually have bords outside, photos in EA windows etc. Don't tell me, you sold yours without anyone knowing where it was, how much you were asking etc. Now that I know for sure that this is all fantasy land, I won't even bother wasting my time responding to you again.

T.Ruth wrote:

Lara wrote: T.Ruth exchange in three weeks yeah yeah, you\'d be lucky to exchange in 6 months, that\'s the going rate in this fine city. Andy and Angela a good double act, just bought have you, oh dear never mind. Sometimes people just have to learn the hard way.

Am I getting to you, well try this one for size and lets see if it blows your mind, I have been buying properties for 40 years and I never worried about rising or falling markets and I strongly suggest you think the same way or you will always finish up paying someone else’s mortgage for them, I now own 124 properties and you might even be one of my tenants.

Buying now! wrote:

Rupert wrote: THE FOLLOWING IS A QUOTE FROM THE BANK OF ENGLAND, MADE YESTERDAY \"The Bank predicts that UK growth will slow to less than 2% by the end of 2008, from around 3% currently, although Mr King said the outlook was less gloomy in the regions\" \"It\'s striking that once you get away from London and the City, the mood is very different - there\'s caution, but not the doom and gloom you get from people connected with the financial services\" So dont believe everything the doom and gloom merchants post on here - its 90% crap, and full of hidden agender type quotations they found on Google when they searched for something to write about to make themselves sound clever.

Isnt it amazing The above must be the most straight forward 'good news' message on here (and from the most official source), yet no one has even commented on it - people would rather talk fantasy gloom and doom it seems There is as much chance of a major house price crash, as Osama bin Laden being awarded the Nobel Peace Prize, so get over it. The economy simply is NOT in that bad a state (despite this brain dead government) And for those that appear to wish there WAS a price crash (for their own benefit), I should rethink the issue if I were you, because your job will probably go shortly afterwards. Full employment only exists in a money making capitalistic society. Any big downturn can effect jobs and society, so NO ONE benefits from a major house price crash Anyway all this hype about house price crashes is utter rubbish, and is being ramped up by people that seem to like talking about doom and gloom. The vast majority of posts on here are from those that cant afford to buy property yet, or those that have other agenders, mainly jealousy I would think Dont keep knocking those that own a 'buy to let' property. They are filling a need, and offer a home to people that either wouldnt get, or couldnt afford a mortgage, and at a lower cost. Very few people buy a house, then leave it empty, as has implied in this story (unless for reasons to do with planning etc) - it costs money just standing there, and the mortgage still has to be paid So if you are thinking of buying, buy now while you MIGHT get a few grand off due to all this hype. Supply still outstrips demand in Brighton, so get in now

Lara wrote:
Mervyn King issued a statement so everything in the garden is rosy. All the banks are very very solvent and house prices only ever ever go up. Stay in la la land, it's the best place for some of you.

Julia wrote:

Lara wrote: Mervyn King issued a statement so everything in the garden is rosy. All the banks are very very solvent and house prices only ever ever go up. Stay in la la land, it\'s the best place for some of you.

This is a game huh? Let\'s guess - there is a hidden clue as to what you do for a living in here somewhere! Currently we reckon you either work in a garden centre or a DIY shop. A drug addiction clinic was mentioned, but that only had 2 votes! Lara, take your medication, have a nice mug of warm Horlicks, and go to bed - it will be easier for you!

Hovelin hove wrote:
The sooner all the these wannabe property millionaires go bust and go back to selling big issue the better. It won\'t be long...anyone heavily leveraged in this sector is going to go bust, and the sooner the better. A home is a fundamental right, it should not be treated as an investment, and there should be exorbatant taxes on people owning second homes and automatic compulsory seizure of empty properties so that those who need a roof over their heads have one. The rental market should be heavily regulated, but allow fair profits.

T.Ruth wrote:

Hovelin hove wrote: The sooner all the these wannabe property millionaires go bust and go back to selling big issue the better. It won\'t be long...anyone heavily leveraged in this sector is going to go bust, and the sooner the better. A home is a fundamental right, it should not be treated as an investment, and there should be exorbatant taxes on people owning second homes and automatic compulsory seizure of empty properties so that those who need a roof over their heads have one. The rental market should be heavily regulated, but allow fair profits.

Russia and China tried your theory out until they could sink no lower and were forced to change their ways....when will you guys wake up to the fact that capitalism creates wealth and wealth supports the lazy b******ds like you that sit at home tapping away on their computers, criticizing any one with ambition, get a life and stop sponging off the rest of us. Admit that you are upset by the rest of us home owners who have made a fortune while you propped your local pub bar up and tried to spread doom and gloom to any one daft enough to listen to you. This country NEEDS 10 million more homes to be built and that is VERY bad news for you losers, because it means that prices will continue on an upward trend over the long term no matter what reasons you green eyed monsters come up with.

Graham wrote:
I'm now convinced that most of the pathetically positive posts on this thread are from estate agents. Who else would have so much time on their hands, such poor levels of literacy and be so desperate to talk and already dead market up? But, just in case some are genuine, here's another point. Ten years ago my house was worth 100k. Today it might be worth 300k. What has happened in that time - absolutely nothing! My house has added no extra value to the UK economy, has created nothing, has exported nothing.I might just as well have said that the rose bush in my garden has risen in value to 300k (for anyone who thinks this is far fetched, search 'Tulip mania' on wikipedia - yes people have even been stupid enough to create a tulip bubble!). The point is that the growing capitalist economies in Russia, China and India are growing because they create things, add value, export them. They are not sitting in their deluded little intellect free bubbles believing that they are getting richer whilst doing nothing. The UK housing market is a classic, massively over-inflated bubble and they only ever end in one way - with a big bang and lots of tears.

Buying now! wrote:
<b>

Rupert wrote:
THE FOLLOWING IS A QUOTE FROM THE BANK OF ENGLAND, MADE YESTERDAY \\\"The Bank predicts that UK growth will slow to less than 2% by the end of 2008, from around 3% currently, although Mr King said the outlook was less gloomy in the regions\\\" \\\"It\\\'s striking that once you get away from London and the City, the mood is very different - there\\\'s caution, but not the doom and gloom you get from people connected with the financial services\\\" So dont believe everything the doom and gloom merchants post on here - its 90% crap, and full of hidden agender type quotations they found on Google when they searched for something to write about to make themselves sound clever.

Isnt it amazing

The above must be the most straight forward \'good news\' message on here (and from the most official source), yet no one has even commented on it - people would rather talk fantasy gloom and doom it seems

There is as much chance of a major house price crash, as Osama bin Laden being awarded the Nobel Peace Prize, so get over it. The economy simply is NOT in that bad a state (despite this brain dead government)

And for those that appear to wish there WAS a price crash (for their own benefit), I should rethink the issue if I were you, because your job will probably go shortly afterwards. Full employment only exists in a money making capitalistic society. Any big downturn can effect jobs and society, so NO ONE benefits from a major house price crash

Anyway all this hype about house price crashes is utter rubbish, and is being ramped up by people that seem to like talking about doom and gloom. The vast majority of posts on here are from those that cant afford to buy property yet, or those that have other agenders, mainly jealousy I would think

Dont keep knocking those that own a \'buy to let\' property. They are filling a need, and offer a home to people that either wouldnt get, or couldnt afford a mortgage, and at a lower cost. Very few people buy a house, then leave it empty, as has implied in this story (unless for reasons to do with planning etc) - it costs money just standing there, and the mortgage still has to be paid

So if you are thinking of buying, buy now while you MIGHT get a few grand off due to all this hype. Supply still outstrips demand in Brighton, so get in now
</b>

Graham wrote:
I\'m now convinced that most of the pathetically positive posts on this thread are from estate agents. Who else would have so much time on their hands, such poor levels of literacy and be so desperate to talk and already dead market up? But, just in case some are genuine, here\'s another point. Ten years ago my house was worth 100k. Today it might be worth 300k. What has happened in that time - absolutely nothing! My house has added no extra value to the UK economy, has created nothing, has exported nothing.I might just as well have said that the rose bush in my garden has risen in value to 300k (for anyone who thinks this is far fetched, search \'Tulip mania\' on wikipedia - yes people have even been stupid enough to create a tulip bubble!). The point is that the growing capitalist economies in Russia, China and India are growing because they create things, add value, export them. They are not sitting in their deluded little intellect free bubbles believing that they are getting richer whilst doing nothing. The UK housing market is a classic, massively over-inflated bubble and they only ever end in one way - with a big bang and lots of tears.

Madeline wrote:
hahahaha! - laughing at Thomas K's post I agree

Graham wrote:
T. Ruth. I wondered how long it would take you to raise your global warming theory again. The only person in the world to recommend buying land soon to be under water. As for you having trouble writing - add 'anything remotely intelligent' and I'll agree with you whole heartedly!

dave wrote:
grow up all of you. the story is about empty homes and not house price crashes. we have the haves against the have nots. We all want things for our own advantage, a home is not a guarantee whether it be rented ofr paid via a mortgage. Stop this stupid drival.

Ben Wheeler wrote:
Just to update on my first post! The number of properties on propertysnake.co.uk has increased from about 110.000 on Tuesday to about 114.000 on Friday or equivalent to 5.000 a week, yes that\'s right, the rate they are growing at has almost doubled! IN A WEEK! Oh, and an article in a \"CITY NEWSPAER\" has reviled the percentage of properties sold at auction that are the result of repossession is almost equal to the 40% reached at the height of the early nineties recession! Young? Not good with money? Worried about your security in the future? Condemned to a crime infested housing estate by what the government has done to the house prices??? Take care out there! and consult your parents, or even better, grand parents, who will have been around to see all this property price Bo//ocks before!

Graham wrote:
T. Ruth. I\'m certainly not a global warming denier - I just don\'t see the sense in buying property near the coast on your \'logic\'. As for being an uptight, angry loser - I\'m very comfortably off, thank you (although I lack your fantasy millions, as well as your linguistic eloquence!). I just don\'t like seeing the young lose out due to the greed of others. Anyway, I won\'t both replying to any more of your posts - it just encourages you!

Lara wrote:

Graham wrote: T. Ruth. I\'m certainly not a global warming denier - I just don\'t see the sense in buying property near the coast on your \'logic\'. As for being an uptight, angry loser - I\'m very comfortably off, thank you (although I lack your fantasy millions, as well as your linguistic eloquence!). I just don\'t like seeing the young lose out due to the greed of others. Anyway, I won\'t both replying to any more of your posts - it just encourages you!

Graham you are absolutely right. I am in the same boat as you. I also hate to see FTB's priced out and renting overpriced tosh from grubby landlords. We are both probably better off financially than most of the greedy chancers that have been posting here. I think they are mortgaged to the hilt so if someone mentions negative equity they just lose it. I also won't bother replying to them. They are not worth it.

Danny wrote:

Lara wrote:

Graham wrote: T. Ruth. I\'m certainly not a global warming denier - I just don\'t see the sense in buying property near the coast on your \'logic\'. As for being an uptight, angry loser - I\'m very comfortably off, thank you (although I lack your fantasy millions, as well as your linguistic eloquence!). I just don\'t like seeing the young lose out due to the greed of others. Anyway, I won\'t both replying to any more of your posts - it just encourages you!

Graham you are absolutely right. I am in the same boat as you. I also hate to see FTB's priced out and renting overpriced tosh from grubby landlords. We are both probably better off financially than most of the greedy chancers that have been posting here. I think they are mortgaged to the hilt so if someone mentions negative equity they just lose it. I also won't bother replying to them. They are not worth it.

you big headed ****

Ben Wheeler wrote:
Dear Adam C Yet another one has popped up to have a go? Scaremongering is the charge this time? First i will attempt to tackle the car part of your argument! You state that the number of cars advertised on the car sale websites has increased ten fold in five years! Could this be that a large part of this supply of cars have been \"sold\" to make way for new ones brought by equity withdrawal? In line with the unsustainable mortgage borrowing that has funded this sick property boom? You along with Danial, have also failed to grasp the fact that www.propertysnake.co .uk is actually a list of properties that are not selling! in fact the people that run the website have been threatened with legal action by estate agents that have taken offence to its purpose! Yes the repossessions have been increasing, due to people borrowing to much, glad to see we agree on something, but if people have been borrowing to much, the banks have been lending to much, and will surely have to restrict mortgage, and unsecured borrowing to prevent further losses? Your point about the petrol? has to be one of the funniest things I\'ve ever read! If you really think i would Que up at a petrol station, because there are supposed to be delivery problems? Your mad! Yes i on a car, but only do about 5.000 miles a year, less then half the average, and my car regularly sits outside the house for three or four days at a time without been used! Unlike you, i have a conscience, and far from being proud to be a scaremongerer as you\'ve claimed! What really scares me? Is that there is a whole generation that have who have been robbed of a affordable home, and even more to the point? A significant number of people like yourself who don\'t seem to give a sh1t about it and as a result? You are the real danger to society! As for little knowledge? Well you may be right on that one rather ironically? that fact of the matter is that this all goes back to the making of the Bank of England independent in the setting of the UK\'S interest rates, it was obvious there was going to be problems, but thanks to the fact we\'re not taught about money properly at school, most of us have little idea of what is really going on, but the fact of the matter is that you can not get away without taking property prices when working out inflation, and this \"Mistake\" by the Bank of England, based on Gordon Brown\'s CPI index will either be closed by workers fighting for larger pay rises, or the property prices coming down to what they can afford!

George wrote:
The current housing bubble is no more than an elobarate pyramid or Ponzi scheme (look these up on wikipedia if you don't believe me). Such schemes always end in the same way - those who get in and out quickly enough make money. Those who are left holding the baby (this time property) when the scheme collapses are left penniless.

T.Ruth wrote:

George wrote: The current housing bubble is no more than an elobarate pyramid or Ponzi scheme (look these up on wikipedia if you don't believe me). Such schemes always end in the same way - those who get in and out quickly enough make money. Those who are left holding the baby (this time property) when the scheme collapses are left penniless.

You are forgetting one important fact, which is that all those who sold up are now at the MERCY of LANDLORDS like me and WE are going to RIP you off until you are penniless, then we will see who has the last laugh.

Ben Wheeler wrote:
Dear Robin, Hove Yet another one popping up to have a go? without reading the posts properly! If you read my post on the German money properly, you will find a reference to "Pictures" of German money! Yes "Pictures" I have "Pictures" of this in history books at home! Very good "Pictures" "Pictures, Pictures, PICTURES" Do you "SEE" the point I'm making! Or is your head also stuck so far up your backside? That you can not see the bigger PICTURE of what is going on here? Got the PICTURE?

Bob wrote:
The thing is, house prices would have to drop 38% for me to go into negative equity and I only bought 2.5 years ago. A crash of 38% just isn't going to happen. Sorry folks who are getting excited.

People who live in their houses and can afford the mortgage have nothing to worry about.

Arron wrote:
Id never heard of this dodgy website posting details of property that is losing value, so I had a look at it.

Adam C is dead right. The site is a con. Its punting for paying advertisers like loan companies and re-mortgage firms etc etc. Literally only a handfull of properties on there actually exist. 99% are just made up - such as "Three bed house in Brighton was £300k now £175". Just as if! I'll go and buy it now if it existed! What a load of to55ers!

And Ive got some news for the doomy gloomy idiots - in England and Wales, the price of an average semi went up nearly £8000 last month, so go forth and multiply.

Britain is made great by people that think the 'glass is half full, not half empty'. Mind you, that will be a bit beyond a lot of the **** posting on here

Property will ALWAYS be the best investment even taking into account its ups and downs.

Edward wrote:

Arron wrote: Id never heard of this dodgy website posting details of property that is losing value, so I had a look at it. Adam C is dead right. The site is a con. Its punting for paying advertisers like loan companies and re-mortgage firms etc etc. Literally only a handfull of properties on there actually exist. 99% are just made up - such as "Three bed house in Brighton was £300k now £175". Just as if! I'll go and buy it now if it existed! What a load of to55ers! And Ive got some news for the doomy gloomy idiots - in England and Wales, the price of an average semi went up nearly £8000 last month, so go forth and multiply. Britain is made great by people that think the 'glass is half full, not half empty'. Mind you, that will be a bit beyond a lot of the **** posting on here Property will ALWAYS be the best investment even taking into account its ups and downs.

You must be a Daily Express reader - the only newspaper to report this as a good news story. The Times and other 'proper' newspapers were far more balanced. The actual report is that ASKING prices went up last month. This means nothing if no one with any sense is buying anything. I have a 6 month old BMW which cost around 25k. If I put it in next week's auto trader at 50k does that mean the price of BMWs has doubled? Of course not, it just means that I would be an idiot for trying to sell my car at a price no one will pay. Maybe there are still quite a few deluded idiots trying to sell overpriced houses. As for 'great' Britons, I can think of quite a few - Stevenson, Brunel etc etc. They all have one thing in common - none were estate agents or property tycoons, all actually invented and made things that didn't exist before. If the British economy had been based on the current property parasite mentality during its golden centuries we would still be living in mud huts. You may think the glass is half full - but half a glass of cr4p is still cr4p.

Ronnie wrote:

Edward wrote:

Arron wrote: Id never heard of this dodgy website posting details of property that is losing value, so I had a look at it. Adam C is dead right. The site is a con. Its punting for paying advertisers like loan companies and re-mortgage firms etc etc. Literally only a handfull of properties on there actually exist. 99% are just made up - such as "Three bed house in Brighton was £300k now £175". Just as if! I'll go and buy it now if it existed! What a load of to55ers! And Ive got some news for the doomy gloomy idiots - in England and Wales, the price of an average semi went up nearly £8000 last month, so go forth and multiply. Britain is made great by people that think the 'glass is half full, not half empty'. Mind you, that will be a bit beyond a lot of the **** posting on here Property will ALWAYS be the best investment even taking into account its ups and downs.

You must be a Daily Express reader - the only newspaper to report this as a good news story. The Times and other 'proper' newspapers were far more balanced. The actual report is that ASKING prices went up last month. This means nothing if no one with any sense is buying anything. I have a 6 month old BMW which cost around 25k. If I put it in next week's auto trader at 50k does that mean the price of BMWs has doubled? Of course not, it just means that I would be an idiot for trying to sell my car at a price no one will pay. Maybe there are still quite a few deluded idiots trying to sell overpriced houses. As for 'great' Britons, I can think of quite a few - Stevenson, Brunel etc etc. They all have one thing in common - none were estate agents or property tycoons, all actually invented and made things that didn't exist before. If the British economy had been based on the current property parasite mentality during its golden centuries we would still be living in mud huts. You may think the glass is half full - but half a glass of cr4p is still cr4p.

where the f*** is saltdean

Robin wrote:

T.Ruth wrote:

George wrote: The current housing bubble is no more than an elobarate pyramid or Ponzi scheme (look these up on wikipedia if you don't believe me). Such schemes always end in the same way - those who get in and out quickly enough make money. Those who are left holding the baby (this time property) when the scheme collapses are left penniless.

You are forgetting one important fact, which is that all those who sold up are now at the MERCY of LANDLORDS like me and WE are going to RIP you off until you are penniless, then we will see who has the last laugh.

T.Ruth - I assume your comment was posted in frustration after reading the confused and self indulgent drivel coming from a Mr B Wheeler and Graham of Worthing. You had up to now be talking a lot of sense, so its a pity you said what you did. Mr Wheeler and Graham will actually think you meant it, after all, they believe everything else they read.

Lara wrote:
Why on earth would I want to impersonate you? You now have files dating back 55 years yet in another post you say 40 years. I do feel sorry for FTB's that have been suckered into this must get on the ladder at any cost, but there will be a crash. After reading some of the posts here I look forward to it especially as most of my money is now out of the UK into a much safer currency.

Ben Wheeler wrote:
One last point to consider is that although property prices are at a record high? The one part that is rarely mentioned is that the number of properties being sold from one month to the next is running at thirty year lows in some parts of the UK'S! This despite the fact that by some measures the UK population has more or less doubled in that time blows a galaxy sized black hole in the "Supply and Demand argument" The reason they are at thirty year lows is simply because no one can afford them, and at the end of the day those properties will either sit there empty, (Not lightly with cost such as council tax and maintenance involved) or be placed with an estate agent for sale! Which again would increase supply, the lack of which is supposed to be keeping the property prices so over inflated in the first place? The supply on estate agents books is increasing by up to five percent a month in some parts of the UK, as well as the fact that the time each property stays unsold on the estate agents books is increasing by an average of two to three days each month! This in the UK, where in Sussex alone it is believed there are about 3000 empty properties! The only lack of supply? is affordable supply! THE CORRECTION COMMETH

T.Ruth (genuine) wrote:
There were only a few entrepreneurs around when I bought my first house in 1954, it was an ex council house and cost me £300 and even then there were idiots around just you like you trying to talk the market down, if I were you I would be very worried about selling the pound, especially when everyone else is buying the pound, you could get burnt, that's if you are telling the truth that is.
There is only one currency respected by the world and that is the pooud sterling.

Ben Wheeler wrote:
One last point to consider is that although property prices are at a record high? The one part that is rarely mentioned is that the number of properties being sold from one month to the next is running at thirty year lows in some parts of the UK\'S! This despite the fact that by some measures the UK population has more or less doubled in that time blows a galaxy sized black hole in the \"Supply and Demand argument\" The reason they are at thirty year lows is simply because no one can afford them, and at the end of the day those properties will either sit there empty, (Not lightly with cost such as council tax and maintenance involved) or be placed with an estate agent for sale! Which again would increase supply, the lack of which is supposed to be keeping the property prices so over inflated in the first place? The supply on estate agents books is increasing by up to five percent a month in some parts of the UK, as well as the fact that the time each property stays unsold on the estate agents books is increasing by an average of two to three days each month! This in the UK, where in Sussex alone it is believed there are about 3000 empty properties! The only lack of supply? is affordable supply! THE CORRECTION COMMETH

Graham wrote:

T.Ruth (genuine) wrote: There were only a few entrepreneurs around when I bought my first house in 1954, it was an ex council house and cost me £300 and even then there were idiots around just you like you trying to talk the market down, if I were you I would be very worried about selling the pound, especially when everyone else is buying the pound, you could get burnt, that's if you are telling the truth that is. There is only one currency respected by the world and that is the pooud sterling.

Time travel as well! Thatcher didn't start flogging off council houses until the 1980s. In the 1950s Britain was rebuilding after the war, so social housing was definitely not being sold off. I concluded ages ago that you were a hopeless fantasist and said that I wouldn't reply to you again - but I couldn't resist this one. By the way, I've put the supposed 'imposter' post through a solftware programme designed to authenticate literary provenance. It was definitely you! Unless all of 'your' other posts were from the same imposter.

Robin wrote:

Graham wrote:

T.Ruth (genuine) wrote: There were only a few entrepreneurs around when I bought my first house in 1954, it was an ex council house and cost me £300 and even then there were idiots around just you like you trying to talk the market down, if I were you I would be very worried about selling the pound, especially when everyone else is buying the pound, you could get burnt, that's if you are telling the truth that is. There is only one currency respected by the world and that is the pooud sterling.

Time travel as well! Thatcher didn't start flogging off council houses until the 1980s. In the 1950s Britain was rebuilding after the war, so social housing was definitely not being sold off. I concluded ages ago that you were a hopeless fantasist and said that I wouldn't reply to you again - but I couldn't resist this one. By the way, I've put the supposed 'imposter' post through a solftware programme designed to authenticate literary provenance. It was definitely you! Unless all of 'your' other posts were from the same imposter.

Oh god, you again

You're another **** idiot

Far too much time on your hands, and desperate to prove to the argus 'readers' that you should be the brains behind the finances of the country.

You know jack ****

**** off

Robin wrote:

Graham wrote:

T.Ruth (genuine) wrote: There were only a few entrepreneurs around when I bought my first house in 1954, it was an ex council house and cost me £300 and even then there were idiots around just you like you trying to talk the market down, if I were you I would be very worried about selling the pound, especially when everyone else is buying the pound, you could get burnt, that's if you are telling the truth that is. There is only one currency respected by the world and that is the pooud sterling.

Time travel as well! Thatcher didn't start flogging off council houses until the 1980s. In the 1950s Britain was rebuilding after the war, so social housing was definitely not being sold off. I concluded ages ago that you were a hopeless fantasist and said that I wouldn't reply to you again - but I couldn't resist this one. By the way, I've put the supposed 'imposter' post through a solftware programme designed to authenticate literary provenance. It was definitely you! Unless all of 'your' other posts were from the same imposter.

Oh god, you again You're another **** idiot Far too much time on your hands, and desperate to prove to the argus 'readers' that you should be the brains behind the finances of the country. You know jack **** **** off

Maria wrote:

Ronnie wrote:

Edward wrote:

Arron wrote: Id never heard of this dodgy website posting details of property that is losing value, so I had a look at it. Adam C is dead right. The site is a con. Its punting for paying advertisers like loan companies and re-mortgage firms etc etc. Literally only a handfull of properties on there actually exist. 99% are just made up - such as "Three bed house in Brighton was £300k now £175". Just as if! I'll go and buy it now if it existed! What a load of to55ers! And Ive got some news for the doomy gloomy idiots - in England and Wales, the price of an average semi went up nearly £8000 last month, so go forth and multiply. Britain is made great by people that think the 'glass is half full, not half empty'. Mind you, that will be a bit beyond a lot of the **** posting on here Property will ALWAYS be the best investment even taking into account its ups and downs.

You must be a Daily Express reader - the only newspaper to report this as a good news story. The Times and other 'proper' newspapers were far more balanced. The actual report is that ASKING prices went up last month. This means nothing if no one with any sense is buying anything. I have a 6 month old BMW which cost around 25k. If I put it in next week's auto trader at 50k does that mean the price of BMWs has doubled? Of course not, it just means that I would be an idiot for trying to sell my car at a price no one will pay. Maybe there are still quite a few deluded idiots trying to sell overpriced houses. As for 'great' Britons, I can think of quite a few - Stevenson, Brunel etc etc. They all have one thing in common - none were estate agents or property tycoons, all actually invented and made things that didn't exist before. If the British economy had been based on the current property parasite mentality during its golden centuries we would still be living in mud huts. You may think the glass is half full - but half a glass of cr4p is still cr4p.

where the f*** is saltdean

Laughing at Ronnie!

Oh dear, thats so good!

By the way Edmund or whatever your name is, your BMW is worth about £7500 on a good day. The market is flooded with them. Expect yours is leased anyway.

Ben Wheeler wrote:
Dear T.ruth? The one part of the argument that you can not get into your own head, which I truly understand is difficult for you? As it must by difficult to read in the Light less environment of your own useless, non economically productive backside! Is this? The sub-prime problem dose apply to the UK, Not just because of the Northern Rock fiasco? But quite simply because UK banks have been funding these American "Sub-prime mortgages" and are now starting to run up Multi billion pound losses as a result! Who's going to invest in pound notes when there is no guarantee of getting them back? See "Nationalization of Northern Rock" And try and get it into your own "Thick Skull" Idiot!

T.Ruth wrote:

Robin wrote:

Graham wrote:

T.Ruth (genuine) wrote: There were only a few entrepreneurs around when I bought my first house in 1954, it was an ex council house and cost me £300 and even then there were idiots around just you like you trying to talk the market down, if I were you I would be very worried about selling the pound, especially when everyone else is buying the pound, you could get burnt, that's if you are telling the truth that is. There is only one currency respected by the world and that is the pooud sterling.

Time travel as well! Thatcher didn't start flogging off council houses until the 1980s. In the 1950s Britain was rebuilding after the war, so social housing was definitely not being sold off. I concluded ages ago that you were a hopeless fantasist and said that I wouldn't reply to you again - but I couldn't resist this one. By the way, I've put the supposed 'imposter' post through a solftware programme designed to authenticate literary provenance. It was definitely you! Unless all of 'your' other posts were from the same imposter.

Oh god, you again You're another **** idiot Far too much time on your hands, and desperate to prove to the argus 'readers' that you should be the brains behind the finances of the country. You know jack **** **** off

I am willinng to bet you any money you like that councils were selling their houses as far back as 1954.

Ben Wheeler wrote:
Dear T.ruth? The one part of the argument that you can not get into your own head, which I truly understand is difficult for you? As it must by difficult to read in the Light less environment of your own useless, non economically productive backside! Is this? The sub-prime problem dose apply to the UK, Not just because of the Northern Rock fiasco? But quite simply because UK banks have been funding these American "Sub-prime mortgages" and are now starting to run up Multi billion pound losses as a result! Who's going to invest in pound notes when there is no guarantee of getting them back? See "Nationalization of Northern Rock" And try and get it into your own "Thick Skull" Idiot!

Ben Wheeler wrote:
Dear T.ruth? The one part of the argument that you can not get into your own head, which I truly understand is difficult for you? As it must by difficult to read in the Light less environment of your own useless, non economically productive backside! Is this? The sub-prime problem dose apply to the UK, Not just because of the Northern Rock fiasco? But quite simply because UK banks have been funding these American "Sub-prime mortgages" and are now starting to run up Multi billion pound losses as a result! Who's going to invest in pound notes when there is no guarantee of getting them back? See "Nationalization of Northern Rock" And try and get it into your own "Thick Skull" Idiot!

Robert wrote:
This is all so funny it really is! I wouldnt miss my daily look at this thread, so see the latest postings by stuck up ****'s that think they know what they are on about. I dont claim to know the ins and outs of higher finance, but I do know that property will ALWAYS be the best investment for Mr Average, and thats despite past 'crashes' (which are only temporary) property will always be the best thing to own. Stuck up intelectuals that 'talk' a good fight, but have not won a battle do NOT impress me. People that work with property in a 'hands on' sense, possibly do. If these self opinionated 'intelectuals' (one boasting about doctorate level education) were so **** clever, they would be running the country, and they are not (thank god) I think most people will know by now who the doomy gloomy to55pots are, so enough has been said.

Graham wrote:

T.Ruth wrote:

Robin wrote:

Graham wrote:

T.Ruth (genuine) wrote: There were only a few entrepreneurs around when I bought my first house in 1954, it was an ex council house and cost me £300 and even then there were idiots around just you like you trying to talk the market down, if I were you I would be very worried about selling the pound, especially when everyone else is buying the pound, you could get burnt, that\'s if you are telling the truth that is. There is only one currency respected by the world and that is the pooud sterling.

Time travel as well! Thatcher didn\'t start flogging off council houses until the 1980s. In the 1950s Britain was rebuilding after the war, so social housing was definitely not being sold off. I concluded ages ago that you were a hopeless fantasist and said that I wouldn\'t reply to you again - but I couldn\'t resist this one. By the way, I\'ve put the supposed \'imposter\' post through a solftware programme designed to authenticate literary provenance. It was definitely you! Unless all of \'your\' other posts were from the same imposter.

Oh god, you again You\'re another **** idiot Far too much time on your hands, and desperate to prove to the argus \'readers\' that you should be the brains behind the finances of the country. You know jack **** **** off

I am willinng to bet you any money you like that councils were selling their houses as far back as 1954.