Going back to house prices, there are only 2 things that can happen now if we are to achieve house price stability: Either house prices will come down to sensible prices (historically 3.5 to 4 x the average wage) or wages will increase to achive this ratio. The latter would require an average income of £50,000 and I don't think this government would allow wages to increase to this level any time ...
In the old days, property used to be a safe investment. People referred to houses and bricks and mortar when they were talking of a safe investment. Most investors, however, would not put their money in property because the rate of return was always lower than that of other stock on the stock market. The Buy To Let (now Buy to Regret or Die in Debt) market is the UKs subprime market. The market ...
Well, The Truth, this is because our government (like all governmetns) is responsible for wealth distribution. We are already taxed enough. If you give your money to charity then you are just paying more tax.
Please dudes, is it just my browser or what? Can you start a new thread when it gets so long that the post goes off the end of the page? As for charities, I work on the principle that if it is that important then it should be funded by the government. Cancer research, help the aged, help the homeless - these are things we pay taxes for.
Thats because (dickhead) I am not Dullish.
Thought I'd continue the thread here as the thread looks a bit weird in my browser. According to: http://www.moneyweek.com/investments/property/how-house-prices-could-fall-by-75-from-here-in-gold-terms-13547.aspx How house prices could fall by 75% from here – in gold terms. The bottom line for house prices has historically been around 100 ounces of gold. The highest was in 2007 when a UK house ...