Bring on the repossessions

Handsworth in the early part of the last century was a very 'well to
do' place , most of the properties were privatly owned , in recent
years though its gone to pot

--

 

Someone who doesn't live near Rope.

 

Pieces of Two?

 

This applies to Ireland, but it follows on from what I saw happening in
the UK.
Imo, one of the main fuel feeds to the fire is the willingness of the
banks and BSs to lend any amount to anybody [1]. If govts past had
firmly clamped down on that, and limited lending to 3.5x income we would
all be living in affordable property.

[1] The other main one is sheer bloody greed and the inability to think
beyond immediate gratification.

 

It makes little difference where the place is if you have no intention of
leaving the immediate area. House values are only any use if you intend
selling up and moving to a less "popular" region where prices are lower for
essentially the same type of abode.


--
Beav

VN 750
Zed 1000
OMF# 19

 

Stupid bastards; you'd think the name would have been a clue. Oh, that's
right, they re-named it 'Dalriada' or some such bollocks.

"Och Hamish, isn't the insect life here friendly?"

Highland Regiment cannon fodder was always cheap - just offer some
prizes and a bit of sheep.

 

That's what is lost sight of by people today. We tend to take a helluva
lot for granted and don't realise we are (and have been) living in a
Golden Age for the past 50 years or so. All based on cheap energy, of
course.

<dons predictor hat>

I tell'ee, when the energy runs out it'll all fall apart and the world
as we know it will be gone forever, aarrr.

 

Sold a lot of land down the country. This was 1930, mind, when certain bits
of "down the country" were looking distinctly iffy.

 

"Big midges here, eh?"

 

Certainly not uncommon in the various places I worked, although, yes,
it's a good few years ago now

 

In communiqué <>, Steve

Parts of it were 'very' well to do, but my ancestors weren't. No
servants quarters like some of the big Victorian Villas had.
Handsworth Wood was posher. By the twenties at least.

"Gone to pot."

Well someone we know who lives there has been known to indulge in a
little.
--

+-------------------------------------------------------------+
| Pete Fisher at Home: |
| Voxan Roadster Gilera Nordwest Yamaha WR250Z |
| Gilera GFR Moto Morini 2C/375 |
+-------------------------------------------------------------+

 

In communiqué <>, Grimly

Are you a Fred Hoylite then?

--

+-------------------------------------------------------------+
| Pete Fisher at Home: |
| Voxan Roadster Gilera Nordwest Yamaha WR250Z |
| Gilera GFR Moto Morini 2C/375 |
+-------------------------------------------------------------+

 

"We'll make electricity so cheap, only the rich will buy candles."

Mr Edison, iirc.
--
| ___ Salad Dodger
|/ \
_/_____\_ GL1500SEV/CBR1100XXX/CBX1000Z
|_\_____/_| ..87918../..23274.../..31893.
(>|_|_|<) TPPFATUICG#7 DIAABTCOD#9 WG*
|__|_|__| BOTAFOT #70 BOTAFOF #09 PM#5
\ |^| / IbW#0 & KotIbW# BotTOS#6 GP#4
\|^|/ ANORAK#17 IbB#4 YTC#4 two#11
'^' RBR Clues: 00 Pts:0000 Miles:0000

 

Here goes - male antecedents only

Mat G'mother line AgLabr[1]- AgLabr - Grocer -

Mat G'father RagMan - Trader - CaseMaker - RMLI -

Pat G'father Miner - Miner - Labr[2] - Labr[2] - RN/clerk - Me

Pat G'mother Miner - Miner - Labr[2]

[1] The ones in the workhouse
[2] Pilkingtons.
--
| ___ Salad Dodger
|/ \
_/_____\_ GL1500SEV/CBR1100XXX/CBX1000Z
|_\_____/_| ..87918../..23274.../..31893.
(>|_|_|<) TPPFATUICG#7 DIAABTCOD#9 WG*
|__|_|__| BOTAFOT #70 BOTAFOF #09 PM#5
\ |^| / IbW#0 & KotIbW# BotTOS#6 GP#4
\|^|/ ANORAK#17 IbB#4 YTC#4 two#11
'^' RBR Clues: 00 Pts:0000 Miles:0000

 

Most of the buy-to-let absentee landlords affecting Carlisle are
southerners who bought up lots of property when it was cheap, often
gazumping locals, or farmers who used their foot & mouth compensation
to do likewise. That said, my landlord is a friend from my home town,
albeit an R1200GS-riding IT bod making a fortune in Dublin.

 

Or unless you plan to trade down or borrow against it. But basically,
yes, houseprice inflation is a bad thing.

 

Have you a source for "farmers using their foot and mouth compensation
to do likewise"?

 

The only time I'd borrow against my house would be to finance another one
and I'm past doing that shit these days.


--
Beav

VN 750
Zed 1000
OMF# 19

 

Well my first house cost less per month than rented accommodation. So if
you earnt 16k a year and you house was 16k it was fine with high
interest rates.

 

message

Not only them though.

Like Andy Bonwicks grandparents, both my mum and dad's parents owned their
own homes. My dad's parents (actully his grandparents as his real parents
died when he was a sprog) lived oop 'ere in Manchester in a four bedroomed
place while my mum's parents lived in Seaford darn sarf. A pretty wide
spread if ever there was.

It always intrigued me why my dad was as opposed to home ownership as he
was, because he'd come from an "owned" home himself. Mind you, he was Labour
through and through.


--
Beav

VN 750
Zed 1000
OMF# 19