/biz/ - Business & Finance

Where in the UK are you lad?

>>29565317
Based in Glasgow, but willing to move to a commuter town if it's cheaper. Also willing to relocate internationally as I have grown up in various countries.

With rent you're just burning money every month. I don't see a scenario where it would benefit you to do this.

Don't think i'll ever own property at this rate lad, houses are going up way too high

>>29565111
Buy a holiday let, stick it on airbnb, and use the profits to pay your future mortgage.

>>29565111
Definitely take advantage of the stamp duty holiday. I'm hoping it gets extended.

>>29565419
you end up paying more overall with a mortgage though, and if you plan on moving every few years it makes more sense to rent.

Could the property market slump after the stamp duty relaxations are dropped?

>>29565111
Oi, bruvguv mandem rastaman inshallah wallahi wagwan! Grab that loan and leg yer melon adrift the apples and pears of the your guvs paddy wagon.

>>29565111
Stamp duty holiday is retarded and has just pushed prices up more than you would have paid in duty anyway. Still advise getting on the ladder ASAP, prices are only going up. You'll be in a good position in 10 years.

>>29565400
Houses are dead cheap in Nottinghamshire. Downside is that its Nottinghamshire. But if you buy a house and landlord it you will get tenants, you could even live in the house and rent out the other rooms.

>relocate internationally
This is my plan, sort of sick of it here. Can't speak for housing markets in other countires but i'm sure most of them will be cheaper. Any places in mind?

>>29565521
solid idea, should do welll in glasgow. I was almost gonna move to tyndrum, about 2 hours north, and houses are not expensive there, could easily turn some of them into solid airbnbs

>>29565539
yes please
https://www.gov.uk/stamp-duty-land-tax

>>29565111
>shithole
Seriously. Why even live there?
>t. 20 year expat bong

>>29565400
Always thought Glasgow was dirt cheap.

>>29566216
>Can't speak for housing markets in other countires but i'm sure most of them will be cheaper. Any places in mind?
Was thinking maybe Portugal because there's 0 CGT and Med QTs or Cyprus because it's cheap. Also Maybe Canada or Aus/NZ

>>29565111

depends where you are i think. if not london then you can scrape enough for a deposit on a non-shithole house while keeping the majority of your existing investments. rent out/airbnb the property while you continue renting yourself. then you have a nice even exposure to crypto/stocks/property. it's an easy insurance policy against inflation/crypto/stock market crash

>>29565683
yes, thats why the relaxations wont get dropped for foreseeable future

>>29566611
Checked full-house, no not as cheaper as it used to be. Many Students moving here reduced the supply in many of the nicer areas of the City. On top of that I don't really want to own an apartment

>>29566197
From my understanding you don't pay stamp duty if your a first time buyer anyway. Don't rush for stamp duty holiday if your a first time buyer

G'wan my son have a go on that!

No point paying cash when interest rates are so low.

Try living in London lad.

>75k year income
>200k saved
>can barely buy a decent 2 bed

Need to yolo savings into a shitcoin and hope for 5x

>>29566216
>Not fucking Australia, I can tell you that mate

>>29565111
>cash out now to save 5-10% on stamp duty
>portfolio goes up 10% on a normal day
What do you think?

How much is your rent at the moment?

You need to compare all additonally home owner costs + stamp duty + insurance + interest of mortgage you'll be paying (i.e. not the principal)

WITH expected property price appreciation

VS

RENT - Expected income on your 110k

Hope that makes sense. Basically you oculd invest the 110k make say £9k a year - rental costs. Is this better than you'd do buying a house

>>29566216
Try Kingussie, just south of Aviemore, there's some villages north of there as well. I'm from the North East of England but I frequently head up to the Cairngorms area for hiking and winter sports, only thing is the fucking midgies in the summer are insane, even worse than the Penines and Northumberland.

You have enough to go off-grid. If you can work remotely you should do so as soon as possible. There is major societal upheaval coming and the smaller your town is, the less you will be affected.

I've ordered my starlink on order so I will still be able to communicate should traditional communications go down.

>>29566790
Up to 300k I think. So you're probably right in OPs case.

high wycombe £1200 a month new build flat
cushty work from home IT support 38k
took loan out to go in link 2017

am i doing it right lads?

>>29566216
>>29567027
Oh and ignore this guy, if we end up with something that resembles free movement from the upcoming CANZUK trade deal/Australia FT deal, get out as quick as you fucking can.

>>29566617
Portugal is lush pretty much everywhere. I would learn the language though, despite most ppl speaking english it will just be easier to know both

>>29567291
>£1200 a month new build flat
I am paying this on a 3 bed terrace in Greater London (Zone 3)

Why you guys want so much money from /biz/?

Go taste some cats and shit in your fucking river
Stop scamming this thread with your stupid coin

I’ve already participated in bot ocean and wait for full trading project launch with bots

>>29567413
Which borough / where? Rental or mortgage payment

>>29567299
>free movement from the upcoming CANZUK
That would be perfect. I could then get some reasonably priced Canadian land.

>>29567291
>>29567413
>£1200 a month
F

post the other memes from OP image

>>29567472
Lewisham, but its a Mortgage and 10 minutes from a good primary school

>>29566216
Italy has cheap houses. Personally I'll be going to Sardinia.

>>29567299
That would be great, I want to move to aus anyway

>>29567299
Would this ever realistically happen?

>>29567583
Decent, am currently looking around Hackney for similar to this and it's 800k plus

>>29565485
Bothers me that houses are an investment and not a place to live. I hate the game and not the player but nowadays every cunt is """on the ladder""" and buying property up to divvy into a million fucking rental studio flats and then flip when they retire, and because of that it's seen as some fucking national disaster when prices go down. i seem to be the only one who think this, maybe because im the only person who isn't a fucking landlord

>>29567832
Property in Hackney will hold its value better especially if you're worried about negative equity. Personally I want to be out so I can have financial independence.
Like others in this thread have said, Portugal, Italy, Spain are all decent choices.

I'll be building my next home.

>>29567918
>and because of that it's seen as some fucking national disaster when prices go down.
Father in law is a Frenchman and has been saying our houses were overvalued since 1996.

>>29566771
go Far East, young man.
anything Duke St. direction should still be affordable, utterly random example:
https://www.zoopla.co.uk/for-sale/details/57750643
- Just get on the ladder, stop paying the rental Jew, buy some POS in a central area thats only going to increase, trade it up later. Houses is a pita for all concerned, least time you devote to the subject and more to useful shit, the better.

>>29565609
But a decent mortgage is a cheaper payment than most rent.
Just need the deposit.

>>29565111
You should be trying to get out of the country, not joining in the fucking property ponzi scheme.
Why would you want to stay here? There's never been a more doomed society. I'm all in crypto, and I'm out of the UK to the USA as soon as fucking possible.

>>29566197
>prices are only going up
no there will be a correction in 2 to 3 years my guess. You'll be buying near the peak atm

>>29566879
embegwe? this is the one part I can't figure out

>>29568920
There may be the odd dip, The trend will be up long term as it always has been.

>>29567830
I mean I've had a brief look at the trade deal proposal, specifically between the UK and AUS. There seems to be a want to extend visas to professional services, so that they're able to work in either country easier, this possibly is extended to Eire an NZ due to the current movement zones.

The UK has publicized much more detailed and extensive documents on this, they seem to be the wants trying to push back against total free movement in the fine print, but seem easily pushed due to desperation of getting a free trade deal. Essentially the UK would be the one to put blockers on this, Australia thrives on skilled immigration, where as the UK is worried about its talent being poached and that triggering a braindrain. Ultimately that is going to happen anyway, the UK is a shithole.

>extending stamp duty holiday
FUCK THIS GOVERNMENT

pumping property prices SOLELY to benefit those already on the ladder. cunts.

>>29568863
why in the fuck would you go to the US

>>29567020
Seriously? You’re very similar to where I was and I managed it. Obviously don’t know your circumstances but you look pretty well set

>>29569458
What do you mean goy? We gave you a nice tax break. Aren't we great?

>>29567291
£1200. Fuck me what is it a palace?

>>29568863
>and I'm out of the UK to the USA as soon as fucking possible.
Funny that, I see USA is preferable to the UK but honestly I do not think the USA is in any way "Stable", it just has more momentum and is a better country to buy land and go off-grid in. Same could be said about Canada, even though I do not really agree with the government of either country, I can be more self sufficient in these countries.

>>29568863
>the USA
I've UK/USA/Sweden citizenship and choose to live here. Enjoy your two weeks vacation.

>>29569374
surprised any country would want free movement with the uk given how full of shitskins it is

>>29567583
Lewisham, otherwise known as 'blood city'?

>>29569374
Sounds based af I'd leave for AUS/NZ/CAN in a heartbeat.

>>29567291
>>29567413
Paying 650 on a semi-detached 2 bed, get the fuck out of London retards

>>29568863
have you ever spent any considerable amount of time in the US? lmao

>>29569233
>embegwe
This is the kind of name that typifies a gentleman of African descent.

>>29569746
Aus is full of chinks, it'll likely whiten up the place if northerners and Scots move there. Believe it or not, indians and pakis are not fans of moving to Aus over the UK.

>>29569776
anyone with half a brain would leave for NZ in a second. Problem being, you get thrown back out again.

>>29569776
Same. I wonder if the outback has cheap land. There would be problems regarding all the shit that could kill you there and water supply, but you'd be getting free energy.

>>29569838
>it'll likely whiten up the place if northerners and Scots move there.
My great grandfather was a scotsman who moved to Australia.

I’m probably in the minority here but I like living in london. NZ looks ace but I reckon I prefer city living

>grass is greener runts
lmao

>>29566771
Huh, same thing here, 2 unis year-on-year expansion, now if you go on the property websites to look at rentals and and filter out houseshares and 'for students' the available properties reduce by about 75%. Obviously that affects the buying market too because landlords are snapping up whatever they can then renting them out on a per room basis. Other things have contributed to a shit situation too.

>>29567291
>cushty work from home IT support 38k
Oh god please help me get a job.

Got my pleb CompTIA A+ and been doing a bit of self learning but I'm getting nowhere.

>>29567502
The chinks already bought it all.

>>29565111
Hope you got a LISA if you are looking to buy a house as the government will give you free 1k when you deposit 4k each tax year. You can also get stocks and shares LISA so you can invest that money.

You lot need to stop whinging about house prices. The hard working Pakistani can afford a house because he's not sat on an anime board all day spouting bollocks.

>>29570837
I have a HTB ISA and a normal Stocks and Shares ISA, am I allowed a Stocks and Shares LISA on top of these?

>>29566611
no big cities are dirt cheap to live in

>>29565609
You end up paying more? Building collateral in your own house costs more than paying some Jews mortgage while you rent.
Are you actually fucking retarded???

Tax guy here. Rumour has it stamp duty and council tax will be abolished in April. Instead there will be an annual levy on all properties similar to ATED charges, payable by the property owner. Anyone with an empty property will get hit hard and will be forced to sell. On the flip side, council tax that was due on tenant will now become due on landlords who will hike up rents to cover it. This will lead to even more tax for landlords as there will be restrictions on the relief for mortgage interest and the annual levy will probably be disallowed. For any landlord with half a brain they will sell up as the tax consequences of being a highly leveraged landlord just aren't worth it anymore. There will be a rush to sell and this will lead to an enormous drop in house prices. Rumours by economists at my firm are suggesting a 35% drop in house prices over the next 5 years.

>>29570210
You'll get bored of city living as you get older. Unless you become one of those washed up gay guys / childless hags chasing eternal youth. Got a few of them in my building right now.

>>29567299
This would be ideal, get some cheap land in the Yukon or something, build a log cabin.

>>29567225
Aviemore is beautiful. I've been going to Mull / Jura / Skye on my motorbike if I go in peak midgie season though. I find the coastal areas West side don't suffer as badly. Atlantic breeze?

Britbong here, shouldn't we just go boomer mode and buy up cheap property in the North, then rent it out to neets or people on bennies?
>They'll destroy the home
Landlord insurance.
The thing is if we don't start buying up cheap property now it will only increase in price as this government starts to open the borders again after lockdown?

>>29566617
The women in Portugal are pretty infamously some of the ugliest in Europe but go for it lad

>>29569838
honestly i'd rather live amongst soulless chinks than terrorist shitskins

>>29571922
>I find the coastal areas West side don't suffer as badly.
Scot here, those are usually the absolute worst areas for midgies. The east coast is generally way better. Moray coast is where the hidden gems are for beautiful areas without those horrendous little fuckers.

>>29571057
Yeah LISA is a different type of ISA so you can deposit into it as long as you haven't went over the 20k limit.

I'm glad I didn't fall for the ISA meme. The tax wrapper is just a honeypot to stop you making it on crypto.

>>29572459
My Stocks and Shares ISA has a 20k limit too, I may move my boring index investments into that SS LISA then and use current S&S for my yolo plays, Insane that they allow that all to be tax free

About to inherit a bunch of money.

Should I buy a new build on help to buy in Greater London or wait anon?

This whole global market crash is just around the corner, buying now at the height just seems like a one way ticket to shooting myself in the foot.

oi

>>29571555
>I'm chaining myself to my desk for 25 years so I can keep paying a mortgage on an at best mediocre home and tying all my savings up in one asset
Unless you can get a big deposit on it so your LTV is less than 60% it isn't worth it, every move costs a fortune.

>>29565111
I'm not from Bongland, used to live there for many years but fucked off due to Brexit and some other reasons. Moving to Malta this year, it's a pretty based little country, used to be UK land so English is an official language, very nice weather and you can easily and cheaply fly anywhere in Europe from there, including UK of course.

>>29573820
whats the % of non-whites there?

>>29573301
>buying now at the height just seems like a one way ticket to shooting myself in the foot.
sitck it all into monero

>>29569250
>You)
same as any other market. You can either buy the top (now) or wait for the correction like a said.

Bros what's it like in Sheffield? Currently living in Dorset but housing is too expensive

>>29573635
Absolutely based, you put into words exactly how I feel about mortgages in the UK. Dave Ramsay's was right, don't bite off more house than you can chew. Fuck the banks.

>>29574511
Too fucking hilly, loads of students so the nightlife is good. Can't say i've spent much time out of the city centre desu.

>>29571922
I’m probably a bit older than you think...
Each to their own really

If your assets appreciate more than the interest on a mortgage it's better to just take out the downpayment and keep the rest rolling. I wouldn't get into property in the middle of a giant economic bubble.

>>29574024
A coin that was removed from Bittrex over the changes to how crypto is regulated?

Idk sounds pretty bearish to me.

As a semi Ameriburger (People's Republic of New Jersey so I don't get 1st or 2nd amendment freedoms, nor tons of others).

How do property taxes work for you (if there are any?)

I tried to look it up and couldn't quite figure it out, there seemed to be council taxes but it appeared to be closer to a flat fee instead of %.

Here it is roughly 3-3.5% of assessed property value per year. ie, you pay 9-10.5k on a 300k property. Median property is 400k in the state....

>>29575801
Your research pretty much right. Council tax which differs depending on your local authority. No direct tax on property. I’m sure we pay a lot more income tax and national insurance than you though

>>29575801
I also don't mean your purchase tax, that is fairly easily calculatable or property tax on a second / to let home (is there any? I see there is an additional % on the purchase for that)

>>29575421
Still untraceable and with good opsec, completely private. Its the only crypto with a solid usecase that is being used right now.

>>29565706
fucking kek.

I love Deano threads

>>29576172
You have to pay CGT when selling a second home, in addition to the increased stamp duty when you purchased it.

>>29573820
>other reasons
nonce

>>29569993
West Eurofag here. NZ seems based. Great scenery. Pretty good weather. High standard of living.

I'd also live in SE Australia.

>>29565111
oi Deano you see Gogglebox last night? hahaha mad them lot are innit. Nice to see proper real people on tele

>>29571003
Fuck off, boomer.

>>29565111
Would you make more money investing the money instead of buying a house? Would it monetarily benefit you to rent or get a mortgage? Its like why spend 100k now on a house if i can triple that money in crypto?

>>29571880
Can anyone confirm this? Would love to stop paying council tax desu.

>>29577313
Are you thick? You'll just pay more in rent instead.

>>29565609
Brainlet

>>29565111
Escape to barbados or some shit

>>29566216
I'm from Notts and I'm not happy with this post

>>29577026
Michael Carroll is a fucking hero

>>29571057
No you can’t. Don’t listen to
>>29572459

You can only spend the LISA on a first time home or to use as pension after 65. You can only use 1 of either a LISA or HTBISA to buy your first home, so even though maxing out both will keep you under the 20k ISA annual limit, you can’t use both in reality. You could if you wanted to use the LISA for pension fund, but this is a terrible idea as it performs very well over a short period, but badly over a long period.

The LISA is better than the HTBISA as you can put more into it and get more out, but only slightly.


Lastly, the best advice I can give you is do not take financial advice from 4chan unless it relates to shitcoins

I can't even find a job in London :/ 3 years NEET now so I guess there's no hope.
Most positions posted are for skills professions where you need experience

>>29565111
You're really well off anon. I only get £409 a month in Universal Credit. It's going to take me forever to save up for a house.

>>29578192
Fair enough I had a quick skim and if i'm honest that 4 grand for LISA I could just invest into shitcoins anyway as I'm still getting a 25% bonus on my HTB

>>29578314
>leeching paki hands typed this

Hope Pretty Patel deports you and seizes whatever assets you have.

>>29578314
people like you aren't going to be buying a house though

>>29578510
There are more white Anglos on benefits than Pakistanis, both in absolute and per capita terms. Unlike you, the hard working Pakistani pays taxes and contributes to the future of Britain.

>>29571880
One of the dumbest larps I've seen all day, top 3 at least, anyone buying this is absolutely ngmi

>>29577804
Kill yourself duckie

>>29578681
the future of britain is not shitskins

>>29578681
This is only because of state pension you retard, Pakistanis are more likely to receive income related benefits in per capita terms.

>>29573969
I don't know and don't care, I'll be working with other Scandis there and I believe a lot of the people on the island at any time are just tourists. Also that's a tricky question because what I consider white is different vs what you consider white. I probably won't see any white people there except for other foreigners, but this doesn't bother me because I don't think anyone would go to Malta for gibs

Why are UK wages so low?

>>29569458
Should have already been on the ladder then, retard.

>>29578681
Ahahahahahahahahaha...... Ahahahahahahahahahahahahahahha

>>29565111
Answer my question you dumb chav faggot
>>29566295

>>29576414
Serious illness in the family, I had to go home in case one of my family members pass away. Luckily that scenario did not play out so I'm free to leave again

>>29579039
Cost of living is lower, unless your in London like a scummer. £ is strongest global currency, though not for long.

>>29565111

>50% stocks

Did you buy CLF for earnings tomorrow

>>29578966
>>29579031
The hard working Pakistani wakes up at 5 AM to ready his shop for the day. You sleep in until noon, wake up hung over, then play video games and drink all day.

>>29574511
Decent. Got some decent areas and some proper shite areas. If you're young it's got decent nightlife and two unis.
Just avoid the shit areas, like every city. I'd live somewhere in the outer areas, suburbs, whatever you want to call them personally

>>29567020
How about not living in london

>>29571880
>1 post by this ID
GTFO larp go fud another thread

>>29565111
Why the fuck do you care about stamp duty. For a first house before covid rates were 0% up to £150000.

Because I don't live in the utterly cucked south below that house price is commonplace here.

>>29565111
How much rent do you pay? How much gains/ return / dividends do you get on the money that you'd have to cash out for buying a house? Here is your answer

>>29565609
Fucking braindead retards like this are why I hate living here.

>>29579138
is it still? i remember when a pound was like $2.5 and now its almost equal

>>29565111
never own property in this shithole
non-ironically
buying houses is retarded unless you buy it for renting out to others or because you enjoy being there

>>29567020
How do you get 75k income. What hours do you work weekly for this. Also is this just 'london money' where they supposedly pay you more there, due to astronomical rents.

>>29579264
automation is coming, non-whites are obsolete

>>29567205
You are missing the point here.

Ownership is nearly always better in every aspect of life. For one simple fact.

You own the house so it is possible to sell it for what it is worth.

If you rented over a 25 year period and it somehow (it wouldn't) ended up being cheaper than buying a house and paying for maintenance etc etc. At the end of the 25 years you have nothing to show for it except hundreds of thousands spent. But after 25 years with the mortgage you can then sell the house and live in a tent and this will always leave you better off.

>50k income
>120k saved

gonna need to move North unless I want to live in a shithole, that or AVAX goes $500+ for me

>>29579416
Explain

>>29579138
>Cost of living is lower

No it fockin aint m8, not compared to other euro shit cuntrys

>>29573635
Basically this.
If I bought the house I'm renting - a 25 year mortgage would cost me around £290k assuming favourable interest rates (around £60k just vanishing to interest), which I wouldn't get because I don't have the deposit and need double my current salary to even be considered by a bank.
In rent I would have paid £120k over 25 years, plus any rent raises.
I understand that in the long term I would be better off with the house as an asset but unless my circumstances change the barrier to entry is way too high, and I can live much more comfortablely now by renting

>>29580043
Only if you actually know you want to be in the same place for twenty five years and are willing to lock yourself into that commitment. For example, if you want to live in the countryside but you work in London, it's not a bad idea to save and invest while working so that you can buy a cheaper place with cash.

>>29567291
£2300 a month after taxes/pension etc.
Minus £1200 rent

£1100 or less to live off.

I earn more than £10000 less in a fucking simple factory job. And will come out better/same after taxes even if I rented for a few hundred a month up here in the north (live with parents and invest everything into crypto)

>>29567299
Lol we would become the Poland of the trade bloc in that scenario based on living standards and salaries elsewhere.

>>29567918
>Bothers me that houses are an investment and not a place to live.
should be fucking illegal

>>29573820
Malta is a shithole now, it's full of blacks, gypos and Pakis. I lived there when I was a kid and it was comfy back then but it transformed overnight after they joined the EU. All my friends have left pretty much and for good reason

>>29578966
Actually it is. They also have more children than the native white.

>>29580571
non-whites can't create or keep wealth, if that happens it doesn't have a future

>>29574511
pretty comfu for the price desu

>>29565609
I'm sorry you have retards replying who can't understand LTV, the fact we're in a huge housing bubble in the UK + any deposit less than 25% will inevitably lead to negative equity in the long run.

Unless you're buying to rent, buying a first home right now is downright retarded. You'll get a much better return over 10 years sticking money into a green energy ETF than squirreling away money to a mortgage. Mortgage less than rent you say? Costs tens of thousands of pounds to renovate and maintain over time + costs of sales and interest.

Source: my friend I am extremely jealous of who buys, renovates and rents houses but doesn't personally own a home (he rents some swanky penthouse in London)

>>29580668
>non-whites can't create or keep wealth
Yes anon, there are absolutely no Asian businessmen. Have sex and go back to /pol/.

>>29580668
Look at South Africa or Brazil, that's our future. Politicians will never deport them and the small white elite will pay stupid amounts to live in enclaves and try to avoid any and all interaction with the non-whites.

It will happen unless we get a politician willing to repatriate them, which will never happen. The West is dead, Jews killed it. Just do your best to protect yourself and your family

>>29580836
>asian
if you want to be pedantic, non-whites and non-asians then. point still factual.

>>29580944
based, checked and blacked pilled

>>29580668
It doesnt matter, they will just whine for handouts and yoh will be taxed to provide for these parasites.

Buy somewhere near a beach... pandemic will push prices up as during lockdown every landlocked turd headed to the beach. Prices have gone up mental where I live.. (near a beach).

>>29581106
anybody with a modicum of wealth will have left by that point anyway.

>>29580770
>any deposit less than 25% will inevitably lead to negative equity in the long run
how so

>pull up to my shithole terraced victorian era house in Sparkbrook in my white BMW 3 series with personalised numberplate 'PAK1 B055' I bought on finance with money from selling weed, after a trip to the barbers to get a fresh skin fade and my beard shaped
>open the boot and take out my Selfridges and Zara bags with the Stone Island jacket and Gucci trainers I spent all my wages on
>open the door
>yell Salam to my Mom and 10 siblings, slap my little bro in the face for being cheeky bhenchod
>sit down on my leather sofa our uncle Assad gave us
>Spit out all my phlegm in the sink, then roll out the prayer mat
>Tuck into some leftover curry as I pretend to listen to my Mom telling me I'm a family failure for not training to be a doctor like my cousin Whaleed
>drive recklessly to the gym with boys Harmzy and Abbas, don't signal at junctions and tailgate every car in front whilst playing some dutty bangers on radio 1 xtra
>Perv at all the white girls at the gym (gorri bitches) and spend the entire session snapchatting myself tensing in the mirror
>Mention multiple times how all white girls are slags
>swear down all the kuti are checking me out (see the way she lookin at me she on2 me i swear bro)
>say "kusmeh bro" regularly in conversation
>go shisha lounge and a mixed grill later in the Mailbox, add a further 20 snapchats to my story
>drink brandy and whiskey with coke all night because I think I look hard (non-alcoholi tho enni)

>>29580836
They disproportionately use benefits and live on council estates, and then complain about muh Tory govament

>>29581281
Wrong, why do whites still live in South Africa? People are reluctant for massive upheaval in their lives. Plus wages will rise and they'll use that to justify staying without realising just how much more expensive the cost of living has got.

>>29581363
>When it's time to fast for Ramadan I'm a devout Muslim but for the rest of the year I just go to the club or sell weed outside

>>29565111
Stamp duty holiday has been extended to June.

>>29565111
I dont think houses in Glasgow are expensive enough to pay stamp duty on regardless of the current rules or normal.

>>29567583
Fucking lewisham, worked there for a year and I would never go back, and i'm from east london. That place is beyond fucked.

>>29567291

Do you need to be rescued from your rented flat at Amersham Hill High Wycombe Buckinghamshire England right now to the USA because of these vile thugs?

>>29569993
New Zealand is overrated. The best thing about it is no capital gains tax but thats not enough to make it worthwhile to live there.

>>29576633
Australia is better than NZ.

>>29581341
The bubble is going to pop eventually it's not sustainable and the gov know it. Negative Equity is where the value of the property is less than the mortgage it's secured against. Personally, I think house prices will drop 25-35% over the next 5 years:

> Buy £250k property on 90% Mortgage 10% deposit (£25k deposit £225k loan)
> House Prices crash 35% 5 years later (worst-case scenario)
> Paid off £60k from Loan in 5 years (£1k per month)
> Property now valued £162,500
> Mortgage loan balance sits at £190,000 due to yearly interest at 2.5%
> You now can't sell the property to pay back the loan balance as the property is not worth as much as the loan AKA Negative Equity

Property is a trap atm, see many of my friends craving to get on the ladder (young-mid 20s) but cannot grasp the fact that housing prices will not continue to go up in a vertical line forever. They will want to move out a few years after to upgrade and use the existing equity towards a bigger deposit, but that is just so risky considering the market conditions. 30s are your new 20s. Make sure you're making smart investments, and not ones to show off on an instagram post or two.

>>29565111
>tfw you will never be a Deano, happy in his barrat shitbox, ordering his Dominos two for tuesday for him and the missus
why live

>>29582431
The whole economy is fucked, housing bubble is likely to pop at the same time that Government debt is sky high due to Corona. Job market still likely rocky from Corona as well.
I'm hoping I can leave for Eastern Europe before it all blows up

>>29580770
>I'm sorry you have retards replying who can't understand LTV
I'm glad some anon gets it, all you need to go to money supermarket and it shows how much additional interest you'll end up paying, I simply reject the fact I need to spend years paying off 1000's of pounds of only pure interest. It's so heavily engrained in the psyche of everyone in the UK like its some sort of rite of passage.

>>29580770
Fuck you and your Kurd drug dealer friend. Show some numbers or fuck off.

>>29581363
Sounds pretty based. This is the type of life I would love if I had no self-awareness.

>>29581745
Are you a Pakpak then?

>>29572121
>t. American who never left burgerland