Cheap Homes For Sale

[ms51ves3]

Did anyone watch it on BBC Three a moment ago?

If not here is the BBC iPlayer link.

Clicky

Watching it absolutely boiled my blood. Especially with the houses in Liverpool. Renovating them homes will make the tax payer happy because it costs less than demolishing and rebuilding and would also get a load of people on the waiting list into houses. I can't see how it would make any people unhappy, it could only be a good thing. Are the people running this country absolutely fucking stupid?

[veeeffarr]

just watched it and was tempted to make a post on here. Those houses in Liverpool are a sad right. No one will believe the city has improved until they are done up. Pathfinder project can kiss my arse!

[sickpup]

VERY good program.

Few years back I was at an auction where surrey police auctioned off some properties they owned. Yes the police own houses and a lot are empty.

Then there's the MOD that owns houses on old bases that are unused. Empty houses everywhere yet nowhere to live.

[pwntifex]

nothing is fair, love is ephemeral and you are all going to die
just thought id pop in to remind you
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the warped one: This is a follow up from the thread 'my willy hurts'

[Itchy]

The main engine in the UK is house prices, unlike Germany and Japan who have large manufacturing bases the UK's entire economy is underpinned by house prices.

11 years no significant wealth has actually been generated, its ALL debt, and most of it has come from house price inflation and equity release from houses...

House prices fall means this entire bubble economy falls, we are now stuck between rock and hard place interest rates up 10 million people made homeless or on the dole..

BUt inflation is controlled

Interest rates down we wil see £1 = $1.30 and go into hyper inflation mode and we'll get 10 million people on the dole.


The government holds onto such properties to reduce supply thus to help ramp uphouse price inflation even more...

Unfortunately its gone all tulip mania again in that so many new properties were built and or subdivided there is now massive massive over supply.


The government WANTS you to get into massive debt, as this ensures an indentured population who are scared about losing their jobs and thus will put up with many things. They would hate a population like me who can leave at a whim and puts up with very little...

It also means a better bottom line for the real controllers of the government.

The problem is each time the government interferes ie in such a manner or stampduty gimmicks prolongs the down turn. With no more debt to produce bubbles 2010-20 will be a rough period.
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Spain 2008France 2007Big one 2009 We all die. The goal isn't to live forever, the goal is to create something that will. In the end, your life will flash before your eyes. Make sure it is worth watching.