House Price Crash - not likely...

[hyperD]

Sorry, misread post...

[hyperD]

Sorry, submitted instead of edited...

Chr1st, I'm as bad as the fecking users of my software...

[DodgyAgent]

sasguru,

I'm gonna give you the benefit of the doubt as I am feeling friendly

if you read the thread you'll see that this bunch of deluded pinkos are saying that all property should go to the government upon death of an individual therefore making sure that every generation of every family is equal and begins with nothing

poor those people

you can apologise later

Milan.

my goodness milan you got it at the first attempt

[rootsnall]

'http://www.timesonline.co.uk/tol/news/uk/article1610266.ece'


'With 80 buyers chasing every property that comes on the market in London...'

Milan.

Same city not too long ago had 1 buyer for every 80 properties ! Next time we have a recession we'll have a similar situation, nobody really has a clue when it'll next happen.

[Francko]

Yup sure am

Just PMed you.

[sasguru]

sasguru,

I'm gonna give you the benefit of the doubt as I am feeling friendly

if you read the thread you'll see that this bunch of deluded pinkos are saying that all property should go to the government upon death of an individual therefore making sure that every generation of every family is equal and begins with nothing



Milan.

And thus the dynamism of the country is preserved. My kids, if I have any, will certainly not be getting much from me - apart from the best education I can give them.

[shaunbhoy]

My kids, if I have any, will certainly not be getting much from me

Not from any genetic standpoint anyway.

[milanbenes]

lol nice one shaun

sas,

poor your kids

Milan.

[tim123]

What's the difference in outlooks between UK citizens who love to buy their homes and France/Germany where the majority prefer to rent (so I've read)?

The taxation schemes.

In both cases the capital gain on your own property is taxed (in Germany for properties owned less than 10 years). Thus, it is (almost) impossible to buy your way up the market as we do in the UK.

As no-one wants to live with their family in the house that they can afford to buy as a single person, they are forced to rent until they are in a position to buy the house that they aspire to. This will often be the only one that they ever own.

(Italians are the same, many of which spend their working years renting in the city, whilst buying the house in the country that they expect to retire to).

tim

[sasguru]

Not from any genetic standpoint anyway.

Projection - a well known psychological phenomenon.