Scottish Mist

So you’re just going to ignore the hard evidence?

Hmmmm…… well that’s not really true nether

The better your credit score the low the interest rate.   Mortgage  lenders are always looking for ways to increase there profits.  If they can find anyway to increase interest’s rates for home buyers they will take it.  Its a business after all.

Hmmmm…. you need proof 

How about city living in sunny Hull for 70k?

https://www.rightmove.co.uk/properties/106850771#/

Or London for the same price?

https://www.rightmove.co.uk/properties/105598541#/

I know you want to be by the seaside ….40k?

https://www.rightmove.co.uk/properties/90358054#/

The myth of a property shortage i…[Read more]

There is absolutely, undeniably a shortage of housing.

This is a bizzare claim.

The net population growth, is far, far higher than the number of houses being built.

In 2019 184,000 houses were built.

Even ignoring that, in 2019 there were 640,370 births and 530,841 deaths, that’s a net increase of 119,529 people.

In 2020 the net…[Read more]

Your up late……..did you pull a minger last nite after the game?  Was you really that drunk 

Hmmm…..

If you look on any property website you will find a good section of housing.   There no shortage of supply.  Unfortunately peoples trust in the housing market is so strong they borrow the maximum amount.   The twisted logic is they wont be there more that a few years and the more expensive housing will realize the biggest profit in the…[Read more]

It would be more accurate to say that cheap loans reduce the value of money in general, it doesnt effect the value of the house.

This is wrong, it would effect lower end housing but not as much.

The inflationary effect is limited in this case, everyone needs a house and there is little incentive to buy more than one house because its too much of a burden (if its easy to buy houses then renting them out isn’t a viable idea). The only thing it can do is cause people to…[Read more]

No comodity is exempt from the law of supply and demand.

If demand grows faster than supply then price goes up.

I know know why you mentioned borrowing or mortages, they aren’t relevent.

Increasing the supply of money would increase the demand for higher end housing (very slightly), but it wouldnt have any effect on lower end housing.

Having fun are we?

Stop trying to get me to bite.  Its only a matter of time before budha gets another ban and makes a donation to Martin Reeds yacht fund. And tracy’s so poor she needs to flash her bits to get men to buy her accounts 

So carry on 

Not with the housing market, its what people can afford to borrow and the size of there deposits.  If you go on any mortgage calculator website its terrifying how much people can borrow with little or no deposit.  Whole life mortgages means they can borrow a lot more too.

That’s how prices work.

OK, I’m going to take the key points from that and answer them one by one.

Kind of…. in the next few years more and more “baby boomers” will entre retirement homes or pass away.  Making up around 21% (14 million) of the UK population and mostly home owners, the UK receives a steady stream of housing coming on to the market.   In the end its…[Read more]

If I wanted to look like a chav, I’d get a shell suit 

And besides…. even that knock off will be out of fashion by Oct  

I’m all about lasting fashion me.  You know stuff I can wear for the next 20 years or until it falls off me back.  Some dare to call me cheap… even putting little effort into my wardrobe …. but its…[Read more]

No one wants you back until you grow hair and lose 3 stone

You can be banned from facebook for posting about getting side effects from the vaccine.

Yea… but at least I’m not bitter old woman like you 

Now carry on drinking… you know it makes sense….well to you 

Yeah I know, I know, I know I’ve been bad……….I know I lied and I cheated in the past  

Time’s such a precious thing………we shouldn’t waste it on little things
Effect me won’t get in the way of what we need ’cause it just don’t pay  I ain’t guilty of no crime, get these chains off me  Can’t risk doing no more time, please jus…[Read more]