[Closed] Would you smash your own place up?

probably didnt get a bonus thanks to people like surfer and djglover. You happy now chaps?!?!? eh?

🙂

what's djglover got to do with anything? He doesn't work for a bank...

Sounds like someone with anger management issues. However, I'm sure Axl Rose said something quite profound once (yes, once) which was something like it's better to smash up what you own rather than yourself - you can replace material things.

what about that chap who had a friend on here who was worried his possessions were owning him. Maybe it was that guy.

You've seen fight club, right?

I reckon he was facing iminent-repo and cameback in from a coke-bender. Matey reckons it was someone two-timed. This is Edinburgh in case the idiot also posts on here? Well you never know!!!

damn it, bloody IP addresses only get so close, I'll get you next time hora!! 😆

😮 😆

The place has probably been repossessed to be auctioned off. He wants to make sure the **** **ing man gets as little as possible for it.

The place has probably been repossessed to be auctioned off. He wants to make sure the **** **ing man gets as little as possible for it.

Apparently its getting very common now. Folk ripping out everything they can sell, including light fittings, radiator, boilers and anything else they can remove without causing the house to fall down around them.

Can't say I blame them to be honest. If someone was going to repossess your house wouldn't you want to make it as expensive as possible for them to do anything with it afterwards?

doesnt make sense: after reposession and sale, you're still on the hook for any balance owed, and if they sell at a price in excess of the debt you receive the surplus.

My heart bleads stoner.

I'll create more tax tomorrow!

"They" were handing out 125% mortgages last year...

But banks are only interested in making back what they are owed so its not in their interest to hold out for the best price.

if the guy has lived beyond his means, I have no sympathy.

I havent really thought about this when I posted the thread but arent we all 'renting' until we pay off all the debt on a property? Therefore he was smashing up someone elses property. People complain about banks but how about irresponsible borrowing? Banks arent responsible for how people live their lives, nano-manage. Have banks ever held quartley appraisals of their borrowers like employers do? Give the banks a break.. My old landlord smashed up his house back in 1991 when he went bankrupt on a business deal in tenerife. He ****ed up and they had to try and rescue their 'risk' in the idiot.

Maybe he has split from his Mrs and decided if she wants half of everything she can have it

yes, but if your being declared bankrupt and the house is being sold, can't say i'd not be tempted to flog everything i owned and either blow it all on a holliday or led it to a friend for a few months for safe keeping.

I think he forgot to do his lotto numbers which of course came up.

Justfied act then!

Whatever I feel sorry for the guy in an odd sort of way.

Hora - Whilst its not all the fault of the banks and I agree that idiots who would rather spend on a new 42" plasma TV than pay their mortgage should have little sympathy, the waving of 125% mortgages in front of people's faces whilst everyone and their dog (that'll be Phil and Kirsty I've described) seemingly calling people without their own property some sort of untermenchen was also pretty irresponsible.

Do you understand what a 125% mortgage means?

Yes, people entering into such mortgages should have read the small print also but whilst the world around you is saying "house prices will only continue to rise as we live on an island/there is limited stock/etc" and the PM is grinning like an idiot and saying "no more boom and bust" weaker minded people will get caught up in it and panic.

Ultimately the banks were greedy, they wanted any money they could get and for a while they got it. Now they're all sobbing and asking the taxpayer to bail them out, which will include those taxpayers who were stupid enough to buy with a 125% mortgage, lose their house and now also cry to the government that it wasn't their fault.

Of course at the end of the day it'll be us thrifty taxpayers who front the bill for all these idiots, both bankers and those who've lost their houses.

I feel very sorry for him in a normal sort of way. You would need to be very distressed to go over the edge like that. A relationship situation is the first thought which came into my mind, so Hora's suggestion of him being two-timed rings true for me.

I would have been tempted to call the police even if only because of the risks involved to himself and others in smashing windows.

The thing with so-called 125% mortgages is that the full amount is not a always a mortgage. A huge chunk of it is often an unsecured loan....

if the guy has lived beyond his means, I have no sympathy.

What if he wasn't living beyond his means, but his means were reduced?

In respect of repossessions. It's very easy to say that you have no sympathy if he has lived beyond his means, but things change. What if the guy is made redundant, or the commission that was rolling in last year has dried up or maybe his partner has left him.
I have every sympathy with people facing repossession. It's bloody horrible. Can't say I'd smash the place up though.
Let's be honest in a lot of cases it is the lenders fault. If they are lending on 5 times people salary with 95-100% loan to value, then what the **** do they expect?

S&J agree. Add to this the French Prime minister says Brown has ruined Britain. Inpart a political comment, but also true. This week theres a furore about Clarkson calling brown a one-eyed Scottish Idiot. Only a couple of disability charities complain that the disability comment classes disabled people as idiots. No one complains why the Scottish or idiot-reference are necessary.

the French Prime minister says Brown has ruined Britain

No he didn't.

He said that now was not the time to cut taxes and that GB's reduction of VAT was a mistake. Not quite the same as accusing him of "ruining Britain".

..........Thatcher done that.

CHOMP.....but lets stop there! 😉

If it is repossed the mortgage company have up to 6 years to reclaim the difference of what the property mortgage was and what it sold for, plus intrest, and they usually wait for 2 years , then you get the letter.

Listen mate - we are in the mess that we are in today because Britain was at the mercy of market forces.

The laissez-faire free-market fundamentalist non-government interference policies where put all put into place by Thatcher.

Gordon Brown is responsible in that he did not reverse her policies.

But other than that, it's Thatcher's fault. End of.

How many years did GB have to bin those 'bad' Tory policies?

How long is long enough to be in power [b]and[/b] not have the luxury of blaming a previous government for the countries ills?

Stoner, I'm happy, I'm getting a bonus this year, sorry if you and your banking pals haven't done so well 😯

He's had 11 years Sooty - it is alright to call you Sooty ?

Yes, Gordon Brown is guilty of not fixing Britain, no doubt about that.

And Thatcher is guilty of screwing up Britain, no doubt about that either.

I have substantial doubt about that ernie. If it didn't suit you, fine, but it suited a hell of a lot of people.

the populace of britain is responsible, and Nu-Lab, and Gordon Brown has empowered the populace to believe their retarded ideals.

no - the uk populace is apathetic. look at voter turn outs for the last couple of elections. if the vote had to be quorate then they wouldn't get a sniff.

Of course some would argue Thatcher performed CPR on an already completely screwed up Britain.

Whilst she may not have cured the problem completely she certainly stopped it going completely to the wall.

I won't argue with that pk-ripper.

But it's clear who carried out the policies.

And no, Tony Blair and Gordon Brown did not reverse [u]one single fundamental[/u] Thatcherite economic policy.

If the economic policies which have been in place for the last 11 years have led to the mess which we are now in, then it's Thatcher's policies which have failed.

Of course now when it's too late, Britain has started to slightly change some of Thatcher's policies. In the same way that the United States has started to reverse some of Reagan's failed policies.

Anyway, why's no-one gone around and found out what the man's done it for.....it's all supposition until we know....

she certainly stopped it going completely to the wall

So if her economic policies were so sound, then what the economy now needs right now, is more Thatcherite policies not less ?

More privatisation, less government intervention, higher interest rates, etc etc

Whilst she may not have cured the problem completely she certainly stopped it going completely to the wall.

HAHAHAHAHAHA!!!!!!

Thatcher was a **** of the highest order. A supporter of Apartheid, and several undemocratic dictatorial regimes. You idiots that think she was 'good for this country' are deluded fools; always looking over your shoulders in case 'Darkies' or 'Pikies' or whoever are going to rob you. You wonder why people are so ****ing greedy and selfish these days????

I bet the **** is laughing all the way to the bank, while most of you are too ****ing sh1t scared to even go to the local shop, after dark.

Come on, Thatchler; this cheap fizzy wine is getting warm....

(Sits back, lights cigarette, opens another can....)

pulling your chain djglover.

I dont get bonuses any more, at least not from an employer. Im self employed so my bonus to myself is as many days off as want, and it costs the taxpayer nowt 🙂

I really do question this obsession with home ownership.

pulling your chain djglover

Still not sure why mention me, I thought I took a fairly pragmatic approach to the 'bonus' thread... Or maybe that's whats upset you!

I'm not arguing about her support for dodgy regimes RB, but the country was pretty much the basket case of Europe when she took the reins and managed to turn it around.

How she did this of course is another hugely controversial point again, little of what she did was uncontroversial, but the Conservatives left the country in a better position when Labour took over than it had been when Labour were last in power.

I feel sorry for anyone in the khazi no matter how they got there.

Cant wait to dance on her grave

sottyand jim are youadamg or/and snigletrack

Ha! that happens every day at work, it happened today cos a shitbag called Ashmore didn't get what he wanted for tea (he got what he'd actually ordered though, but changed his mind)
Although in reality, It wasn't really HIS cell he smashed up as it really belongs to the government, which means, as taxpayers it belongs to US! (taxpayers)

Who?

No, I've been 'sootyandjim' for a very long time.

BTW, I'm no conservative voter, am a union member, am a supporter of socialist policies and have never considered myself a fan of Thatcher, but I'm not so blind as to not see what a mess this country was in when Thatcher took power and how much better it was for many when the reins were handed back to Labour.

Of course not all the current mess is down to Labour, but they have spent along time in power doing pretty much sweet FA other than tinker with Tory policies, enter into dubious wars and spend like drunk chavs with an Amex card in Elizabeth Duke whilst we should have been putting money away (as a country I mean, my wife and I saved a fair chunk but unfortunately its not worth as much now due to the slashing of interest rates).

Then colnagokid, I just pity you.

The reality of it is if nu-lab were that convinced that the policies were wrong they had plenty of time to at the very least begin to unwind them. However, Gordon was very lucky in that his tenure as chancellor coincided with a period of almost unprecedented economic growth both locally and globally. It was almost impossible to fail as chancellor in that period. And that was built on the concept of economic freedom. However, gordons gambles are as much of a folly as everyone who took the huge mortgages based on the expectation that things would continue to improve, and he has effectively allowed this country to be mortgaged up to it's arse. Retrospectively it all looks a little bit stupid, but hey, let's blame thatcher anyway, as it must be all her fault because she led the country back to economic prosperity and took on the bloody minded and righteous indignation that people were owed a living by the state.

Obviously now we have the largest generation of poorly educated people to support and rebuild the nation economically to look forward to. Educational reform, you've got to live it. Must be thatcher fault I guess.

FFS! The politicians ****up big time ... well all the time, the bankers got super greedy and everyone is miserable. Things never change for good.

As for the guy who smashes up his flat the reasons can be many but whatever that reason may be he is in pain.

Possible reasons ...

1) House repo.
2) Two timer partner.
3) Being made redundant.
4) Being back stabbed.
5) Mental health.
6) High on crack.
7) Family bereavement.
8) Got bullied at pub.

So why not call the police for his own safety?

😯

the Conservatives left the country in a better position when Labour took over than it had been when Labour were last in power.

Well you could argue over that statement endlessly.

But probably the best gauge of the state of any economy, is the level of unemployment.

When the conservatives left government in 1997 unemployment was higher than it had been when they first came to power. This would have been quite impossible if the economy was indeed healthier.

Unemployment isn't always a useful guide to the state of a countries economy.

Increased mechanisation in industry means less jobs and an increased technical aptitude being required in those jobs remaining means that the unskilled labour market has been getting smaller for a very long time.

Without retraining for some there are just no jobs available and for the rest they have mechanisation and foreign labour/production to compete with. But of course certain industries do thrive in such time and contribute towards the GDP.

No, unemployment is a very good guide to the state of a country's economy.

Unemployment isn't today now rising up towards 2 million because we're experiencing an "increased mechanisation in industry".

It's going up because the economy is getting less healthy.

And it will continue to go up as the economy gets worst.

So would you say was potential for more unskilled jobs in 1997 than there was in 1979?

Taking one industry as an example, the car industry say, were cars built the same way in both 1979 and 1997?

Yes, you're quite right. Many of the jobs which were lost under Thatcher were skilled manufacturing jobs.

Which is one of the many reasons why Britain was worst after 18 years of Tory rule.

And also one of the reasons why Britain has been so badly hit by this recession.

An economy based on 'financial services' ffs ?

Of course keeping the pound artificially strong for the last 11 years hasn't hurt manufacturing in this country at all, no siree.

Good, we're getting somewhere. Apparently you no longer want to talk about how "well" the Tories did between 1979 and 1997, and instead you now want to change the subject and talk about the last 11 years.

P-k ripper dont waste your time pittying me. You dont know what I think, maybe you think you know what I think,but you dont thankfully.You and me are different, and you probably havn't seen what I've seen(no simpathy thanks)
And what different would it make to gordons plans when Im dancing on Maggy Thathers Grave

falkirk mark no S&J isnt- hes a good lad not an insensitive EDIT.

[i]I really do question this obsession with home ownership.[/i]

Paying twice the value of the house just to say you own it before you die and leave almost half the value back to the state? Agree. In Germany they think we are mad for our focused-obsession with ownership.

Who owns all the property in Germany then?

The Teutonic Knights Templar. They also control who gives birth, to whom and take signals/directions from Martians who in turn are directed by Ron Hubbard and John Travolta.

The reason people like home ownership (rather than being obsessed with it) is that a) you get something back for your money in the end, unlike renting and b) you can modify the house to make it nicer.

Two reasons why we bought. Fed up of handing a fat chunk of money over every month for the privilege of being treated like scum by a landlord who won't even bother to talk to us.

Houses are a good investment. The house my parents bought in 1980 for £23k they sold for £160k 20 years later. If they'd put their mortgage payments in the bank they'd not have made anything like that amount of money and they'd still have had to pay rent. And our family would've been at the mercy of the landlord.

So don't give me this 'obsessed with ownership' crap.

How much was 23k in 1980? Factor in the interest on repayments etc and I bet intotal/like for like its similar to 160k. Im not arguing against ownership. There are many factors pro-ownership. The only pro for renting has to be the current crisis/economic climate. Otherwise its pro-buy all the way.

It'll be a house repo...it probably all started off by him asking random nutters on an internet forum for mortgage advice 😉

hora - Member
How much was 23k in 1980?

£23k.

gwaelod

It'll be a house repo...it probably all started off by him asking random nutters on an internet forum for mortgage advice [;-)]

😆

http://www.thisismoney.co.uk/historic-inflation-calculator = 80k

But savings don't take account inflation. 5% on savings is still just 5%. £50k ish (when you take into account interest) turned into £160k in real money. They sold the house, retired and moved to France, buying cash - they wouldn't have been able to do that if they'd rented.

Where abouts in Edinburgh was this mate?

I have a friend that has a penthouse place down at western harbour...

wonder if it was him!

Next to the stadium-lit track (if this helps?). Im not very good with street names etc!

That would have to be Meadowbank? Not him then. Western Harbour is down next to Ocean Terminal in Leith.