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Previously on "Ok, what's happened to AtW?"

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  • sasguru
    replied
    Originally posted by shaunbhoy View Post
    Well that means you are royally screwed Mitty!!!

    How do you figure that, you straw-chewing cretin?

    Leave a comment:


  • shaunbhoy
    replied
    Originally posted by sasguru View Post
    Something will have to give, reality has a habit of eventually catching up.
    Well that means you are royally screwed Mitty!!!

    Leave a comment:


  • MarillionFan
    replied
    Originally posted by Spacecadet View Post
    he flounced, got upset about his new flat purchase
    He discovered that the term Bob doesn't just apply to India and that he too is infact a 'Bob'.

    Leave a comment:


  • sasguru
    replied
    Originally posted by administrator View Post
    Why a couple of months? I don't know if we will hit a bottom in the housing market in the next few years or if inflation will keep prices as they are until wages catch up.
    For wages to catch up with the average house price price of about £165K, and to fulfil the average-over-time P/E ratio of about 4, the average wage in the UK would have to be about £40K.
    Don't see that happening anytime soon - in fact the headline median salary has fallen over the last 3 years.

    House prices in the Uk are still in unreal boom territory, kept that way by unreal 0% interest rates, so people don't have to sell and test the market for what the property is really worth.

    Something will have to give, reality has a habit of eventually catching up.

    Leave a comment:


  • Churchill
    replied
    Originally posted by administrator View Post
    Why a couple of months? I don't know if we will hit a bottom in the housing market in the next few years or if inflation will keep prices as they are until wages catch up.
    Word on the street is... nah, that'd be telling.

    Leave a comment:


  • administrator
    replied
    Originally posted by Churchill View Post
    Cracking under the pressure, eh?

    If I were him I'd wait a couple of months before buying.
    Why a couple of months? I don't know if we will hit a bottom in the housing market in the next few years or if inflation will keep prices as they are until wages catch up.

    Leave a comment:


  • Churchill
    replied
    Originally posted by Spacecadet View Post
    he flounced, got upset about his new flat purchase
    Cracking under the pressure, eh?

    If I were him I'd wait a couple of months before buying.

    Leave a comment:


  • Zoiderman
    replied
    Originally posted by Spacecadet View Post
    he flounced, got upset about his new flat purchase
    Bet he's glued to the box watching the impending economic meltdown with tears in his wallet

    Leave a comment:


  • Spacecadet
    replied
    Originally posted by Churchill View Post
    Who's upset him(again) this time?
    he flounced, got upset about his new flat purchase

    Leave a comment:


  • Churchill
    started a topic Ok, what's happened to AtW?

    Ok, what's happened to AtW?

    Who's upset him(again) this time?

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