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The WTF?! thread 
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oceanicitl wrote:
jonbwfc wrote:
First batch of flats in old BBC TV Centre sell out
£650K for a one bed flat that's not even available to be lived in until 2017. if you wanted a perfect illustration of how f*cked up the London property market is...


That seems very reasonable for a flat in a unique iconic building in the middle of White City

You’ll never know if you get the Saville Suite though. It’s a kind of Russian Roulette. :lol:

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Mon Nov 09, 2015 2:16 pm
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jonbwfc wrote:
oceanicitl wrote:
That seems very reasonable for a flat in a unique iconic building in the middle of White City

Which just shows you how crazy the situation is for that to be considered 'reasonable'. A one bed flat at £650K requires someone to be earning (according to the Nationwide's mortgage calculator, other ones are available) roughly £100K a year to get a mortgage to pay for that, with a significant deposit. A deposit, by the way, which would buy you a one bed flat outright in most other major cities in Britain.

How many single people are earning £100K a year?

Also, these flats aren't liveable for two years. Therefore anyone buying one also has somewhere else to live already. So we're talking about someone who effectively has (for the sake of argument) 'the amount of money a £500K mortgage costs' to spare each month on top of whatever they're currently paying for wherever they are currently living. So we're basically talking about someone earning the best part of a quarter of a million a year. what percentage of the population is that?

This is not normal or reasonable. When property is ludicrously priced and is nevertheless still being used as a short term investment opportunity, that's not a good sign.


You obviously have issues with properly prices in London. Accept things you cannot change.

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Caz is correct though


Mon Nov 09, 2015 3:22 pm
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paulzolo wrote:
You’ll never know if you get the Saville Suite though. It’s a kind of Russian Roulette. :lol:


You'll be able to work it out when you walk into the room and get a whiff of child's tears and paedo sperm

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Mon Nov 09, 2015 3:47 pm
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oceanicitl wrote:
You obviously have issues with properly prices in London. Accept things you cannot change.

Well if we're swapping platitudes

"be the change you wish to see in the world."

I do have issues with the price of housing in London. I'm far from being alone in that. However I can't change them of myself, no. But if I put the evidence in front of you, perhaps I could change your view of them being 'reasonable'. And the more people who no longer see them as reasonable, the more likely things are to change eventually. Do you see? Unless that is, you don't find that evidence logical, in which case, please explain.

Fundamentally, if we all look at the world and said 'Ah, I can't change this, why even bother', then we're pretty much done. Questioning the status quo is the first step to changing it.


Mon Nov 09, 2015 4:29 pm
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It's supply and demand. As long as there are people stupid enough in this world to pay these ridiculous prices, then it's only going to keep rising. If people voted with their feet and stopped buying in London then the prices would drop. Simple economics really.

For the average salaried worker who needs to live near their work, I feel sorry for them.

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Mon Nov 09, 2015 4:52 pm
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steve74 wrote:
It's supply and demand. As long as there are people stupid enough in this world to pay these ridiculous prices, then it's only going to keep rising. If people voted with their feet and stopped buying in London then the prices would drop. Simple economics really.

For the average salaried worker who needs to live near their work, I feel sorry for them.


It's not that simple, as London is being used to store global money into assets as " property does not fail". Which means even swathes of Tower Hamlet and Hounslow are being bought by foreign investors. I worked on projects in the less savoury parts of London which were never marketed in the UK in the first place, and sold for 800k for a 3 bed flat in a high rise to Asian buyers.


Until the government stops propping the economy with foreign buyers money and protect the local workers, it's not going to stop and people are starting to revolt.


Mon Nov 09, 2015 5:04 pm
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The London house 'investments' through offshore companies is staggering alone. You park the cash in bricks and mortar to avoid business taxes, people like Putin, and/or launder money.

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Mon Nov 09, 2015 8:01 pm
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steve74 wrote:
If people voted with their feet and stopped buying in London then the prices would drop. Simple economics really.

If you saw Question Time last Thursday you'd have seen one of the panelists suggesting exactly the same. Shortly before the Tory MP on the panel made a statement about affordable housing in London so breathtakingly out of touch that most of the audience burst out laughing (and also led to Peter Hitching saying the one thing I've ever heard come out of his mouth I agreed with). However the obvious point is that this is a text book 'bubble', like the tulip thing in Holland. Nobody is buying flats at those prices as a home. Nobody is actually living in them. They're investments. And as long as someone else with a ton of money thinks those investments are worth buying and therefore they can be sold on, the prices will keep going up. Eventually the number of people willing to throw more money at investment property in London will run out and /or someone big will decide to get out of the market and then the whole thing will collapse, like bubbles always do.

So it's not the people who want to live in London who have to do something nor in fact can they do anything about the situation it's pretty much self-sustaining at this point until it collapses. All people who want normal price houses in London have to do is wait. Unfortunately in the short term it means if you're an average person and want to live in London, you're pretty much stuffed.


Tue Nov 10, 2015 10:45 am
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With the collapsing economy in China it may not take that long


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Tue Nov 10, 2015 12:33 pm
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See Shia LaBeouf Do The Most Shia LaBeouf Thing We've Ever Seen - CINEMABLEND
http://www.cinemablend.com/new/See-Shia ... 93517.html

I feel sorry for that guy, one way or another.

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Tue Nov 10, 2015 10:48 pm
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pcernie wrote:
See Shia LaBeouf Do The Most Shia LaBeouf Thing We've Ever Seen - CINEMABLEND
http://www.cinemablend.com/new/See-Shia ... 93517.html

I feel sorry for that guy, one way or another.


Fcuk. Auto play video, and an advert that blocks the page, and won’t unblock it when you click the close button. :evil:

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Wed Nov 11, 2015 10:10 am
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School pupils collapse at Outwood Academy in Ripon - BBC News
http://www.bbc.co.uk/news/uk-england-yo ... e-34789661

'Have you seen the amount of likes Chantelle got for fainting?!'

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Wed Nov 11, 2015 10:00 pm
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paulzolo wrote:
pcernie wrote:
See Shia LaBeouf Do The Most Shia LaBeouf Thing We've Ever Seen - CINEMABLEND
http://www.cinemablend.com/new/See-Shia ... 93517.html

I feel sorry for that guy, one way or another.


Fcuk. Auto play video, and an advert that blocks the page, and won’t unblock it when you click the close button. :evil:


Jesus, that sort of lunacy is why I permanently run blockers of every kind...

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For the last couple of years, it’s been difficult to figure out Shia LaBeouf. He went from child star to headlining blockbuster franchises almost overnight. That can have some pretty hefty consequences for anybody. For that reason, we tried to cut the guy some slack when he appeared to be in the early stages of losing his bloody mind. It now appears that process may be complete. Shia Labeouf is, at this moment, as I write this, sitting in a movie theater and watching all of his own movies. Oh, and he’s broadcasting it. Not the movies... just him watching them.

If you’re actually anywhere near the Angelika Film Center in New York City, you’re welcome to go and join LaBeouf for this epic marathon he is calling the #AllMyMovies Project. Admission is free, so at least you don’t have to pay money for Transformers: Revenge of the Fallen. Unless you already did once. If so, we’re sorry. If you’re not anywhere close to the theater, that’s ok because you can watch LaBeouf watch himself right here. Fair warning: interest in LaBeouf's latest visual project is causing the site to crash repeatedly.

The actor is starting with his most recent movie and working backward. He started with Man Down, which looks to already be over. We assume he’ll be going back to at least Holes, though he technically has films even earlier than that. He will be watching the films 24 hours a day for the next three days, so you have plenty of time if you want to head on over.

We fully expect to see Shia LeBeouf slowly unhinge over the course of the next three days. There are some fairly epic pieces in the actor’s filmography. Will he be able to survive both Nymphomaniac films back to back? Will watching them in reverse order assault his mind? Will the fact that Wall Street: Money Never Sleeps falls between two Transformers movies help heal the damage done, or just make it worse? There are so many questions. We expect he may disappear for brief periods in order to get some food or use the bathroom. We assume he won’t be fasting for three days. Oh dear god, he probably is, isn’t he?

We hesitate to classify this as performance art. It feels more like penance, though based on some of the actor’s other public endeavor’s recently, that’s probably where this would fall. Last year, the man sat in a gallery and said nothing while people walked past and looked at him at what must have felt like the world’s saddest zoo.

Watching him watch these movies is strangely hypnotic, and utterly disconcerting. We can’t decide if it’s like watching a car wreck, or if it’s like watching somebody watching a car wreck.

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Thu Nov 12, 2015 12:19 am
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Cinema blend site is really quite terrible for those stupid page covering ads that appear just after you start reading the article.
It has some decent content on it, by by Christ it's terrible advertising.

Mark

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Thu Nov 12, 2015 12:40 am
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The Red Arrows just screamed their formation over my house, almost knocking the ridge tiles off. London bound, for the visit of Indian PM Narendra Modi. I’ve not seen them in dusk, so they had all their lights on, adding to the spectacle. 8-)

Must have words with a friend who is usually on the NOTAMs and gives me warning. I’d have ben out on the green waiting to see them fly right over. This time I saw them as they just flew over and away.

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Thu Nov 12, 2015 3:47 pm
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