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*Bob* Wrote:

-------------------------------------------------------


> There's one in the US called 'Spouse vs House'

> where hapless husbands with limited DIY and

> interior design skills are given limited budget to

> makeover/ruin the marital home. TheWifeTheWife

> doesn't have a say or see it until the damage is

> done.


Work a bit thin ATM ?

DulwichFox Wrote:

-------------------------------------------------------

> I would just have 10 more rooms to fill with

> crap..junk..clutter..

>

> Foxy



I would love a 10 minute 'time freeze' in Fox's house


Much stuff in there from 'the shop' I imagine


Does Castrol GTX go off?

steveo Wrote:

-------------------------------------------------------

> I've met a lot of ex pat Londoners down in Kent.

> They cash in and flee the smoke for the rural

> idyll and within months have shagged the neighbour

> and become divorced alcoholics.


That made me laugh out loud. I can't imagine why anyone would want to live that way but I guess that's why I live in a terraced house in zone 2

enjoy Wrote:

-------------------------------------------------------

> http://m.roybrooks.co.uk/property/choumert-road-pe

> ckham-se15/royb-007400/1

>

> This one hasn't too many room for clutter but an

> ambitious price...


Nice period building and with a workshop in the back. But when you see stuff like this with only 1300 sq ft internal living space max going for ?1.2M...in Peckham. You know you're firmly in massive bubble / future implosion territory. Although someone hocked to the eyeballs themselves...and not geared up for a 5% + mortgage rate will now vociferously claim otherwise.


Time to get the glasses on, fix your rate for 5 years and ride out the coming recession...

DovertheRoad Wrote:

-------------------------------------------------------


> Nice period building and with a workshop in the

> back. But when you see stuff like this with only

> 1300 sq ft internal living space max going for

> ?1.2M...in Peckham. You know you're firmly in

> massive bubble / future implosion territory.

> Although someone hocked to the eyeballs

> themselves...and not geared up for a 5% + mortgage

> rate will now vociferously claim otherwise.

>

> Time to get the glasses on, fix your rate for 5

> years and ride out the coming recession...


You've gone all Protect and Survive on us MrD.

Is the 5% a prediction?

If so, base rate or high street average?...

Just making the earth shattering, tentative suggestion that base rates will revert to their 100 year average at some point in the next decade RD. And that wage inflation is unlikely to compensate or support a gentle deleveraging of household debt.


Many of the evil remnants of 2008 are still deep within the global economy and the next one wont bring down the banks...more likely the people.


Total mess at the moment. If you had a spare ?100k hard to know where you'd invest it without taking a hit or barely keeping up with inflation....

DovertheRoad Wrote:

-------------------------------------------------------

> Just making the earth shattering, tentative

> suggestion that base rates will revert to their

> 100 year average at some point in the next decade

> RD.


5% within the next 10 years? Unthinkable. Looking at historical rates is pointless, you need to think of the economic conditions which would lead to a significant hike, and how likely that might look...

Jeremy Wrote:

-------------------------------------------------------

> DovertheRoad Wrote:

> --------------------------------------------------

> -----

> 5% within the next 10 years? Unthinkable.


Unthinkable? Really? Millions would have said about 15% in 1992 (ERM...Europe anyone?). And it's a refusal to accept the eminently possible amongst millions of hocked home owners that is a concern. First time buyer millenials who know no different especially.

enjoy Wrote:

-------------------------------------------------------

> http://m.roybrooks.co.uk/property/choumert-road-pe

> ckham-se15/royb-007400/1

>

> This one hasn't too many room for clutter but an

> ambitious price...


the workshop in the back has its own access to the street and could easily be turned into a two bedroom cottage to sell off separately or to be shared with family. Loads of potential.

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