Chasing money

[eggsarascal]

3 minutes ago, sime42 said:

 

Yes, and yes sadly.

 

It'd be a good idea to bring the supposed 1 million empty homes back into use as well. This lot;-

 

Action on Empty Homes

WWW.ACTIONONEMPTYHOMES.ORG

 

A much better idea, for a few reasons, than keep throwing up crappy, useless new builds on precious green land. Can't see that happening either though, on account of there being less profit in it.

 

 

 

Yeah, there are places around that stand empty for years, some folk must have more money than sense. I know a bunch of folk that squat an empty mansion in Kent. Why doesn’t the owner sell it or convert it into flats?

[Steven P]

25 minutes ago, eggsarascal said:

Yeah, there are places around that stand empty for years, some folk must have more money than sense. I know a bunch of folk that squat an empty mansion in Kent. Why doesn’t the owner sell it or convert it into flats?

 

8 to 10% a year increase in value is better than a banks 1%

[GarethM]

4 minutes ago, Steven P said:

8 to 10% a year increase in value is better than a banks 1%

Plus the almost inevitable fire before or during the planning application for 500 homes.

 

We have it around these fireproof mills, they were built Fireproof. Yet mysteriously have a fire and need to be knocked down as they're unsafe!.

Edited October 29 by GarethM

[eggsarascal]

23 hours ago, Steven P said:

 

8 to 10% a year increase in value is better than a banks 1%

I guess so, and he’s putting a roof over peoples heads FOC at the same time.

[AHPP]

Properties don't increase in value as much as money decreases in value.

[spudulike]

Coming off the subject of housing, my, now departed, dad gave me two pearls of wisdom....yes, join the companies pension scheme and...take a look at PEPs...the forerunner of ISAs...both were solid bits of advice IMO.

[doobin]

6 hours ago, AHPP said:

Properties don't increase in value as much as money decreases in value.

It’s very interesting to compare average house prices in gold over the years. 
 

prices in gold they’re actually fairly cheap currently. 
 

it’s a big con trick to keep people on the debt treadmill. 

[sime42]

2 hours ago, spudulike said:

Coming off the subject of housing, my, now departed, dad gave me two pearls of wisdom....yes, join the companies pension scheme and...take a look at PEPs...the forerunner of ISAs...both were solid bits of advice IMO.

 

That, plus never borrow money, except for a mortgage.

 

 

[doobin]

10 hours ago, sime42 said:

 

That, plus never borrow money, except for a mortgage.

 

 

What about investment for business?

[Conor Wright]

10 hours ago, sime42 said:

 

That, plus never borrow money, except for a mortgage.

 

 

Yeah, not so sure about that one. If you've got a solid pensionable job maybe. if you're running a business it's not so easy.

If I hadn't taken out a few modest loans over the years I'd still be a man with a saw in the back of a jeep, running around subbing, getting abused by forestry companies and larger contractors.

 

 

 

Now I have two saws.