Cover me in debt, debt to the eyeballs (or advice on buying a shoebox in England)

[Kuciwalker]

Originally posted by Provost Harrison


Finally Kuci, I see you've developed a sense of humour! Myself, and I'm sure many others here have been waiting for this moment for a while!

I know you guys could never figure out what humor was so you needed an example, and you looked to me as your best hope.

[Provost Harrison]

That's a thumbey, not a smiley

[Dauphin]

Originally posted by Provost Harrison
Where is the originator of this thread, I am expecting some drunken ramblings from him at this point!

I passed out on the train on my way home. Very nearly ended up in Tonbridge. When I got home I passed out again and I feel very ill now. I shouldn't eat so many jalapenos either.

I got my fix for drunking ramblings by sending texts to various people.

[Provost Harrison]

How was Pizza Express?

[Dauphin]

It was fine. I add jalapenos on the pizza. I was also talking a lot of ****.

How's Wales?

[Provost Harrison]

Fine boyo

And you talking a lot of sh*t, well I never. Any gossip?

[Dauphin]

I was going to edit 'add' back to 'had' then realised they were homophones and decided to leave it.

[Dauphin]

Originally posted by Provost Harrison
Fine boyo

And you talking a lot of sh*t, well I never. Any gossip?

What the hell has she told you?

[Provost Harrison]

I thought it meant you had extra added...

[Provost Harrison]

I have a fair idea, although no explicit details We only want what's best for you, that's all

[Dauphin]

That woman can't keep her mouth shut.

[Provost Harrison]

Well I'm glad you had a good night out...shame I couldn't be there...

[Dauphin]

You go all the way up to Hull, and then spend your morning on Poly?

[Bugs ****ing Bunny]

Originally posted by Doddler


The nominal rates are 1% higher than the 200-year average.

The real rates I would expect to be even higher, given that inflation is stable and low.

http://eh.net/hmit/interest_rate/

Year U.K. Short-Term Interest Rate: Ordinary Funds, Contemporary Series (percent per year)
1800 5
1801 5
1802 5
1803 5
1804 5
1805 5
1806 5
1807 5
1808 5
1809 5
1810 5
1811 5
1812 5
1813 5
1814 5
1815 5
1816 5
1817 4.5
1818 4.5
1819 5
1820 5
1821 5
1822 4
1823 4
1824 3.5
1825 3.88
1826 4.5
1827 3.25
1828 3.04
1829 3.38
1830 2.81
1831 3.69
1832 3.15
1833 2.73
1834 3.38
1835 3.71
1836 4.25
1837 4.44
1838 3
1839 5.13
1840 4.98
1841 4.9
1842 3.33
1843 2.17
1844 2.13
1845 2.96
1846 3.79
1847 5.85
1848 3.21
1849 2.31
1850 2.25
1851 3.06
1852 1.91
1853 3.67
1854 4.94
1855 4.4
1856 5.5
1857 6.5
1858 2.61
1859 2.62
1860 4.12
1861 4.98
1862 2.47
1863 4.4
1864 7.27
1865 4.79
1866 6.6
1867 2.2
1868 1.87
1869 3.06
1870 3.05
1871 2.63
1872 3.9
1873 4.49
1874 3.41
1875 2.9
1876 1.89
1877 2.34
1878 3.23
1879 1.76
1880 2.32
1881 2.86
1882 3.38
1883 3.03
1884 2.4
1885 2.13
1886 2.13
1887 2.4
1888 2.38
1889 2.69
1890 3.66
1891 2.63
1892 1.43
1893 2.13
1894 0.97
1895 0.8
1896 1.47
1897 1.78
1898 2.66
1899 3.18
1900 3.66
1901 3.16
1902 2.97
1903 3.41
1904 2.68
1905 2.56
1906 3.99
1907 4.47
1908 2.32
1909 2.29
1910 3.16
1911 2.91
1912 3.62
1913 4.37
1914 2.91
1915 3.66
1916 5.2
1917 4.79
1918 3.57
1919 3.48
1920 6.21
1921 4.58
1922 2.57
1923 2.62
1924 3.39
1925 4.09
1926 4.51
1927 4.25
1928 4.15
1929 5.26
1930 2.48
1931 3.59
1932 1.49
1933 0.59
1934 0.73
1935 0.55
1936 0.58
1937 0.56
1938 0.61
1939 1.32
1940 1.03
1941 1.01
1942 1
1943 1
1944 1
1945 0.9
1946 0.5
1947 0.51
1948 0.51
1949 0.52
1950 0.52
1951 0.56
1952 2.2
1953 2.3
1954 1.79
1955 3.75
1956 4.95
1957 4.81
1958 4.56
1959 3.38
1960 4.89
1961 5.14
1962 4.17
1963 3.67
1964 4.59
1965 5.91
1966 6.12
1967 5.81
1968 7.03
1969 7.63
1970 7.02
1971 5.58
1972 5.52
1973 9.38
1974 11.38
1975 10.18
1976 11.15
1977 7.66
1978 8.51
1979 13
1980 15.12
1981 12.98
1982 11.38
1983 9.59
1984 9.3
1985 11.6
1986 10.34
1987 9.23
1988 9.8
1989 13.28
1990 14.09
1991 10.82
1992 8.94
1993 5.21
1994 5.15
1995 6.33
1996 5.78
1997 6.48
1998 6.82
1999 5.04
2000 5.8

When you're looking at the housing market, what's the point of taking figures from before 1970? It was a different world before then, with a far lower social aspiration of home ownership.

So what you're left looking at is a low interest rate. Compare it to what was going on in the "housing boom" of the 1980's and try persuading me that interest rates are too high to sustain growth.

[Bugs ****ing Bunny]

Originally posted by Cort Haus


I find that number hard to believe. What I can believe, is that there are thousands of boarded-up slums in jobless, dead parts of the north. There's no point being able to buy a whole street on Merseyside if there are no jobs to be had.

I reckon we need more home in the south-east, but the 'green-belt' dogma is in the way. If the nimbys complain, send in the tanks, I say.

The rate of abandoned homes in London is lower than the mean rate for the nation, but it's still surprisingly high. The figure was put at 91,200 in 2005 by the Mayor's office. A more recent survey (using different methodology) by the BBC placed the figure at 75,000.

http://www.bbc.co.uk/london/content/articles/2006/09/25/kurt_empty_homes_feature.shtml