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Tarnop
Nov 25, 2013

Pull me out


"Everything is idpol now!"
...
"Wait no, not like that"


e:

Somebody fucked around with this message at 16:45 on Sep 27, 2022

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Devor
Nov 30, 2004
Lurking more.

A Buttery Pastry posted:

Yeah, the banks might not want to actually own those properties. A colleague of mine put in a low bid on a property he knew through the rumor mill was gonna get foreclosed on, which the bank pretended to be gravely offended at. A week later he got the property at the price of his original offer, 1/3 of the price it was originally bought at by the previous owner. Now this was a lovely-rear end property that would need a lot of repairs, which the bank obviously realized, but the general logic of them not wanting to sit on an asset which might depreciate dramatically due to previous neglect kinda goes for housing in general. Given all the speculation they do, even taking a 20% loss on a property might still be preferable to them, just because it lets them invest that money into whatever insane schemes they're now involved in.

Like you pointed out, owning a vacant house has carrying costs associated with it. So the only reason to keep the house on your books would be to speculate on the price increase.

And there's a million different financial products that you could purchase instead of owning a fleet of decaying houses that require you to maintain them. So you liquidate the house at whatever price you can get, and invest that in something that has a risk profile that you like, while not getting nasty letters because you didn't mow the lawn.

forkboy84
Jun 13, 2012

Corgis love bread. And Puro



Is that Rupa Huq? Seems like a dumb thing to say that would absolutely be taken out of context by racist poo poo heels like Guido

OwlFancier
Aug 22, 2013

Rupa Huq yes and she has had the whip withdrawn.

Weasling Weasel
Oct 20, 2010

sassassin posted:

My original mortgage in 2011 was 4.9%. How did I ever manage?

Oh yeah I had two lodgers and it sucked.
As pointed out, the issue is mortgage debt to income is massively higher now than 10 years ago. Saw a chart today that showed that affordability wise, 6% interest now is the same effect on household affordability as the 13% in the dreaded 90s had based on difference of income-to-debt, so we're about to go through that particular crisis again

Comrade Fakename
Feb 13, 2012


lol Rupa is my MP and an incredible weirdo. Unfortunately, while she could not be considered on the left by any margin, there are Labour right headbangers who will install an absolute loving oval office in her place.

Guavanaut
Nov 27, 2009

Looking At Them Tittys
1969 - 1998



Toilet Rascal
I heard Darren Grimes is available.

Private Speech
Mar 30, 2011

I HAVE EVEN MORE WORTHLESS BEANIE BABIES IN MY COLLECTION THAN I HAVE WORTHLESS POSTS IN THE BEANIE BABY THREAD YET I STILL HAVE THE TEMERITY TO CRITICIZE OTHERS' COLLECTIONS

IF YOU SEE ME TALKING ABOUT BEANIE BABIES, PLEASE TELL ME TO

EAT. SHIT.


I was going to say, she is not one of the worst ones.

Rarity
Oct 21, 2010

~*4 LIFE*~
"He's only superficially black, he went to private school"

:ughh:

Answers Me
Apr 24, 2012
https://twitter.com/michaeljswalker/status/1574766513881595906?s=46&t=7xqS0mn0nBwvMypxMBCD9A

Can’t tell if he’s doing a bit or just confirming himself to be the thickest soft-left commentator in town.

sebzilla
Mar 17, 2009

Kid's blasting everything in sight with that new-fangled musket.


Comrade Fakename posted:

lol Rupa is my MP and an incredible weirdo. Unfortunately, while she could not be considered on the left by any margin, there are Labour right headbangers who will install an absolute loving oval office in her place.

She'll apologise and get the whip back because she a) isn't a socialist and b) did a Lesser Racism on the hierarchy

forkboy84
Jun 13, 2012

Corgis love bread. And Puro


Answers Me posted:

https://twitter.com/michaeljswalker/status/1574766513881595906?s=46&t=7xqS0mn0nBwvMypxMBCD9A

Can’t tell if he’s doing a bit or just confirming himself to be the thickest soft-left commentator in town.

Oh, Walker is a pure melt, a tub of Ben & Jerry's left out in the summer Floridian sun

Kin
Nov 4, 2003

Sometimes, in a city this dirty, you need a real hero.

Guavanaut posted:

Still need to do something about the one in the bedroom that's behind the curtains, providing a perfect boiler-window heat transfer without ever having to interact with the room, currently just tucking the curtains behind it when it needs to be on.

Absolute brainlet central heating install.

I made the mistake of putting full length black out curtains in the bedroom which does the same thing.

I'm fortunate I don't really have the heating on though the night but the room isn't exactly toasty warm for me when I wake up.

Still, there's a loving lamppost outside my window so I think I'll take pitch black tomblike sleep over a chilly morning.

OwlFancier
Aug 22, 2013

I would expect plenty of people looking to ride the coattails of a labour government into power regardless of the likelihood of them doing anything actually worthwhile.

Tesseraction
Apr 5, 2009

Guess the markets don't trust Kwarteng's confidence

https://twitter.com/ScouseView/status/1574790758120542209

Guavanaut
Nov 27, 2009

Looking At Them Tittys
1969 - 1998



Toilet Rascal

Kin posted:

I made the mistake of putting full length black out curtains in the bedroom which does the same thing.
I want blackout curtains, both for the obvious and because of the heat insulation bonus, but yeah they'll make the useless rad even more useless though.

Just Another Lurker
May 1, 2009


Insinuating the he's a "coconut" is a lovely move. :yikes:

Tesseraction
Apr 5, 2009

Clearly he's not black, he didn't vote for Joe Biden.

OwlFancier
Aug 22, 2013

You could perhaps put shutters on the outside of the window, if you are in a position to do that anyway. Perhaps less practical for upstairs windows.

forkboy84
Jun 13, 2012

Corgis love bread. And Puro


Just Another Lurker posted:

Insinuating the he's a "coconut" is a lovely move. :yikes:

Yeah, that is a Lib Dem move

Bobby Deluxe
May 9, 2004

The biggest problem with shutters in the UK is surely that they'd rattle in the wind.

kingturnip
Apr 18, 2008
I've been thinking that Kwarteng is an evil downs baby accidentally made chancellor for few weeks now, but you won't catch me saying it out loud.

[edit]
Should point out that I work with a few downs kids and they're all great. Notably not evil, mind you.

(USER WAS PUT ON PROBATION FOR THIS POST)

kingturnip fucked around with this message at 17:58 on Sep 27, 2022

Failed Imagineer
Sep 22, 2018

kingturnip posted:

I've been thinking that Kwarteng is an evil downs baby accidentally made chancellor for few weeks now, but you won't catch me saying it out loud.

:bernchloe:

Tesseraction
Apr 5, 2009

kingturnip posted:

I've been thinking that Kwarteng is an evil downs baby accidentally made chancellor for few weeks now, but you won't catch me saying it out loud.

OwlFancier
Aug 22, 2013

Bobby Deluxe posted:

The biggest problem with shutters in the UK is surely that they'd rattle in the wind.

That's surely more an issue with fitment than anything else, you could make a latch that pulls it tight against the fixture.

mrpwase
Apr 21, 2010

I HAVE GREAT AVATAR IDEAS
For the Many, Not the Few


forkboy84 posted:

Yeah, that is a Lib Dem move

Whatever happened to Tintower?

forkboy84
Jun 13, 2012

Corgis love bread. And Puro


Bobby Deluxe posted:

The biggest problem with shutters in the UK is surely that they'd rattle in the wind.

There are old fishing cottages (except it's more like 3 terraced houses than cottages, dunno why we call them that) around here which have shutters over their front windows, & the face directly out at the Moray Firth & so absolutely get battered by the wind. Never seen anyone having to fix them, other than a fresh coat of paint. Pretty sure that shutters were designed with wind in mind.

OwlFancier
Aug 22, 2013

forkboy84 posted:

There are old fishing cottages (except it's more like 3 terraced houses than cottages, dunno why we call them that) around here which have shutters over their front windows, & the face directly out at the Moray Firth & so absolutely get battered by the wind. Never seen anyone having to fix them, other than a fresh coat of paint. Pretty sure that shutters were designed with wind in mind.

Yeah probably the main use for them nowadays is literally for hurricane protection.

Apraxin
Feb 22, 2006

General-Admiral

mrpwase posted:

Whatever happened to Tintower?
They still post, just not in this thread (presumably because the coconut thing is stuck in the collective consciousness).

Nilbop
Jun 5, 2004

Looks like someone forgot his hardhat...

Rarity posted:

"He's only superficially black, he went to private school"

:ughh:

hahahaha

hahahahahaha

Tesseraction
Apr 5, 2009

Apraxin posted:

They still post, just not in this thread (presumably because the coconut thing is stuck in the collective consciousness).

Yeah, see her regularly in the Internet Culture Warriors thread, in fact she's where I got the scoop on Grimy Darren being fired for dating the staff.

Guavanaut
Nov 27, 2009

Looking At Them Tittys
1969 - 1998



Toilet Rascal

forkboy84 posted:

There are old fishing cottages (except it's more like 3 terraced houses than cottages, dunno why we call them that) around here which have shutters over their front windows, & the face directly out at the Moray Firth & so absolutely get battered by the wind. Never seen anyone having to fix them, other than a fresh coat of paint. Pretty sure that shutters were designed with wind in mind.
I guess they have a garden or something. There's plenty of terraced houses around here called workers' cottages that were built for the mills and factories that are like any other terrace but the village location and fanciful Victorian notions of cottaging (growing your own vegetables, not the other thing) led to the naming, rather than that they're rustic thatched wattle huts.


I'd consider shutters or close fitted blackout blinds but they're a lot more expensive than Big Cloth technology.

OwlFancier
Aug 22, 2013

You could have a go at making yourself some out of a pallet if you want :v:

TACD
Oct 27, 2000

lmao, been getting quotes to fix the window in my spare room that won’t close properly and I’m being quoted ~£1,200 (because it needs scaffolding) and a wait until March.

never mind, says I, I’ll just keep that door closed all winter to keep the heat in

imagine my joy when I come home today and try to get in to fetch my laundry and the sodding mechanism won’t open properly. Had to take it to bits so now there’s a big hole in the door as well :cry:

TACD
Oct 27, 2000

I am going to plaster every loving problem in this flat with duct tape until it fucks off

1965917
Oct 4, 2005

So keiths big speech eh?

https://twitter.com/GdnPolitics/status/1574774629025345536

Is he promising to make a government backed energy wholesaler, like all those ones that went bankrupt?

Miftan
Mar 31, 2012

Terry knows what he can do with his bloody chocolate orange...

No it's worse. It's an energy generator that will be able to make independent investments and probably sell energy to the wholesellers who will sell it to you.

oxford_town
Aug 6, 2009
Why is a government-owned energy firm that invests in green energy a bad thing?

xtothez
Jan 4, 2004


College Slice

oxford_town posted:

Why is a government-owned energy firm that invests in green energy a bad thing?

I'm guessing because it's being pushed by New New Labour, and this will just be another mechanism to funnel public cash to their mates but not quite as blatently as the Tories

Or it'll be done in a such a hamfisted way to 'prove' that public ownership doesn't work and after a decade we should sell the whole thing off to EDF

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WhatEvil
Jun 6, 2004

Can't get no luck.

oxford_town posted:

Why is a government-owned energy firm that invests in green energy a bad thing?

Sounds like a half measure that'll just be used to subsidize private energy companies.

Just nationalise the whole loving lot.

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