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  1. Weststander

    [Finance] Housing Market

    Ironically, I think many of us very regular posting ‘working’ nsc’ers, get more leisure than we think :lolol: Working in a professions office in circa 2010, I first noticed the young staff’s obsession with social media. People rearranged desks so monitors never faced the room’s door and one...
  2. Weststander

    [Finance] Housing Market

    Agree with all your points. Knowledgable mentioning the creative tax evasion bit. Similarly, just lying. One person purports to live in home A, their partner in B. I’ve seen this for tax evasion reasons beyond this discussion. Also spot on about “houses”. We lived in flats, now you hear...
  3. Weststander

    [Finance] Housing Market

    Breaking it down, to one major component first: How to address the issue (financial - personal and state, enough people to do the care, to earn and pay the taxes) of people retiring mid 60/late 60’s, whilst living to 90, of population growth. Within the constraints of no one wants housing built...
  4. Weststander

    [Finance] Housing Market

    I'd be genuinely interested to know the wider green movement's views on this at a continental or international level (not strictly UK). Of a never ending need for more births to ultimately give more workers/taxpayers to support a burgeoning elderly population across half the planet. In the...
  5. Weststander

    [Finance] Housing Market

    Per capita, Italy, the Czech Republic and Spain made a far better fist at population control over the last 2 years. This or the next government needs to swallow their pride and bring in overseas advisors on depopulation.
  6. Weststander

    [Finance] Housing Market

    I know you're right about the last point, it's not all wealthy toffs from the SE. Listening to radio docs about the issue, the genuine locals are put out by both, as their children can never get housed. My (more complicated) idea is for housing trusts to build, with units only available to...
  7. Weststander

    [Finance] Housing Market

    There's been net EU immigration into the UK throughout, even in 2018, 2019 and 2020. 2018 - 150,000 (plus 100,000 other) 2019 - 161,000 (+ 132,000 other) 2020 - 52,000 (+ 147,000 other) 3.4 million EU citizens still live here, 5.5 million applied in time for permanent settlement status here...
  8. Weststander

    [Finance] Housing Market

    I skied Kitzbühel with a friend, we stayed in a hotel in that historic central square. Amazing place, a couple of nice bars a step away, drunkenly talking **** to other punters :lolol: I was going to ask you that .... would you also own a place in Ibiza?
  9. Weststander

    [Finance] Housing Market

    We've chatted light-heartedly about living in The Alps, Austria being my preference. In reality, I probably couldn't afford it and Brexit has screwed many people's plans such as that. I prefer nice hotels to self-catering, so living in a home there wouldn't tick that key box. Contradicting...
  10. Weststander

    [Finance] Housing Market

    Going by your positive nsc persona, I'd hazard a guess that you enjoy life? It can be small things, some people love just coffees out with the partner, walks, whatever makes folk happy. I love skiing, but hamstrung by no alpine resorts in SE England, so I need to spend to satisfy my interest.
  11. Weststander

    [Finance] Housing Market

    Last time I worked with him, not really. Spent his time in a weird prefect and fag relationship with the boss, bullied one day, best mates the next. Spending half the day scheming against co-workers. 60 year old blokes, living the life :lol:.
  12. Weststander

    [Finance] Housing Market

    I was slow to notice, it was when only looking back when we were buying. Too interested in holidays and going out/meals out. Whereas my "look after the pennies and the pounds look after themselves" colleague got asset rich and was very proud of himself :lol:
  13. Weststander

    [Finance] Housing Market

    I saw clients caught out by this. Land Registry and HMRC share data. Families only ever thought of IHT consequences. Then HMRC enquired, resulting in inescapable CGT bills. This also happened where parents passed on buy to lets/second homes to their descendents.
  14. Weststander

    [Finance] Housing Market

    I worked with a tight-fisted older bachelor who bought a very large bungalow (not run down) near Woodland Drive in 1995 for about £100k. When I got back on the housing ladder in 1999, our £100k only bought a small Bovis home (we were the second owners) in Portslade. The first owners bought it...
  15. Weststander

    [Finance] Housing Market

    It started in about 1994/1995. I know examples of particular homes where the open market value now is 7x that of the early/mid 1990's.
  16. Weststander

    [Finance] Housing Market

    Plus people want to live in the Brighton conurbation. Thousands of undergraduates and graduates from across the British Isles fall in love with the place. Nightlife, entertainment, restaurants and cafes, an eclectic mix of shopping, the welcoming of all spectra of gender/sexuality, a wider...
  17. Weststander

    [Finance] Housing Market

    At local authority level I see The Planning Inspectorate set mandatory targets for new housing, specified by year of delivery. Some councils play ball. Others, pandering to the votes of nimbies, make life incredibly hard for all developers and I’ve seen that include not for profit social...
  18. Weststander

    [Finance] Housing Market

    Imho Gatwick will be rapidly get back to being a busy airport. Albeit with Virgin only at Heathrow. Freeing up the hogging of slots will help. Consumers have paid back personal debt and repaid chunks off their mortgages, with luxuries curtailed. Omicron ended up have similar metrics to the...
  19. Weststander

    [Finance] Housing Market

    I’ve consistently said that house prices will rise. Supply and demand, simple. The UK’s population has increased by 10m since 1997. Additional housing supply (social and private) has barely touched that. Planning authorities and nimbies opposing countless proposals.
  20. Weststander

    [Finance] Housing Market

    Brown, Osborne and most other central banks printed (QE) £/€/$ trillions from 2008 onwards, not resulting in inflation. A question, in good faith - why will this event give rise to hyperinflation?
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