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About Castlevania
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Castlevania reacted to a post in a topic: What I have learned from the "Credit deflation" thread
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wherebee reacted to a post in a topic: Credit deflation and the reflation cycle to come (part 2)
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Castlevania reacted to a post in a topic: Property crash, just maybe it really is different this time
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Castlevania reacted to a post in a topic: England Ireland rugby, who will take the knee?
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Castlevania reacted to a post in a topic: Credit deflation and the reflation cycle to come (part 2)
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Credit deflation and the reflation cycle to come (part 2)
Castlevania replied to spunko's topic in Property Prices & Economy
As in half chips half rice? -
Talking Monkey reacted to a post in a topic: Credit deflation and the reflation cycle to come (part 2)
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Credit deflation and the reflation cycle to come (part 2)
Castlevania replied to spunko's topic in Property Prices & Economy
The Warriors could be a documentary of how lawless New York was back then -
Castlevania reacted to a post in a topic: What I have learned from the "Credit deflation" thread
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Castlevania reacted to a post in a topic: Credit deflation and the reflation cycle to come (part 2)
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Ash4781b reacted to a post in a topic: Rents going through the roof (outside that London)?
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sancho panza reacted to a post in a topic: Credit deflation and the reflation cycle to come (part 2)
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Castlevania reacted to a post in a topic: Credit deflation and the reflation cycle to come (part 2)
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Castlevania reacted to a post in a topic: Credit deflation and the reflation cycle to come (part 2)
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Castlevania reacted to a post in a topic: Credit deflation and the reflation cycle to come (part 2)
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Mirror Mirror reacted to a post in a topic: Doing the bare minimum
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Few people have mortgages. So it’s all good.
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How much would they pay if they were on pension credit?
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I live on the continent. Here the rates bill has two components. A property tax linked to the current value of the house - so if prices go up you pay more, and bin collection. Even with a single payer discount bin collection costs around £6 a week. I dispose of one bin bag a week on average. It’s not cheap.
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Can’t have that. It would encourage fly tipping.
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They’ll charge you separately for bin collection and you’ll be worse off.
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City of Westminster has the cheapest council tax in the country. Mayfair is in the City of Westminster. The highest rate of council tax (band H) is little more than £1500 a year.
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Think of the poor old pensioner living in his million pound town house. They’ll be forced out of their home.
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Credit deflation and the reflation cycle to come (part 2)
Castlevania replied to spunko's topic in Property Prices & Economy
In the big cities prices are eye watering. -
Credit deflation and the reflation cycle to come (part 2)
Castlevania replied to spunko's topic in Property Prices & Economy
It’s the opposite, no? If you were concerned of markets falling you’d buy puts. Puts give you the right but not the obligation to sell at a fixed price I.e. you’d make money in a falling market. The fact everyone’s buying calls suggests they’re expecting markets to keep on rising. -
Credit deflation and the reflation cycle to come (part 2)
Castlevania replied to spunko's topic in Property Prices & Economy
You have 3 telcos; 2 big oil; 1 big pharmaceutical and 1 tobacco. All good companies and what you buy should be down to your goals. Personally I’d look to diversify a little, but clearly you should do what you’re comfortable with and not listen to a random on the internet who’s not allowed to give financial advice.