Comments by "Steven Hull" (@stevenhull5025) on "Economics Help" channel.

  1. Greedy corporations and Greedy banks. The steel industry, the textile industry, the pottery industry, the fishing industry, the coal industry, the ship building industry and our car making industries all shipped abroad to profit corporations and their shareholders at the expense of British workers. What have we left - a low paid service industry and a bloated greedy financial centre based in London. Hundreds of billions splurged by our nanny state has killed off entrepreneurship, plunged millions into a life of poverty and squandered literally billions into a black hole called the NHS. The UK is broke. Our debt is over three TRILLION and growing by £5,000. every second. Let this sink in - That is £49,000 of debt for EVERY citizen in the UK.
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  2. My son worked his butt off for three years to break free from the "system' with zero help from me. It even cost him his relationship with his ex. He now owns five properties outright, four of which is rented out. He has two boys both now teenagers. He says he will leave them nothing as they need to find their own path in life. Personally, I think he is right. Helping grown up kids financially is doing them no favours. To grow and flourish with a free spirit they need to spread their wings and go where destiny takes them. Throwing money at them instead of they themselves working out a way, dampens their creativity and self worth. Children should also understand the sacrifice parents make in raising them into young adults. Is it right for them to expect financial assistance as grown ups on top?? Parents eventually retire, and retirement is supposedly a time when, as a couple, one roams free, travelling, visiting friends, enjoying hobbies and so on. This costs MONEY and by throwing it at your children results in lessening YOUR quality of life.
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  3. When a country is run by a bunch of wealthy buffoons what hope is there for the rest of us???
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  4. Yes. Make your own decision and forget the doom and gloom merchants. In the past, I listened to them and I wish I didn't. I would now have had at least seven properties worth in excess of 1.5 million.
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  5. Banks want you on their books for ever if they had their way. Pay double back when on a 25 year mortgage.
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  6. I'll laugh if your house plummets by 60% IN VALUE. I think you will soon eat your own words if it did.
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  7. Idiots then.
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  8. according to which stats you refer too,
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  9. Should have stuck it out with the house you bought in 2006 for £140,000. This is what happens when one listens to the doom and gloom merchants.
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  10. NICE houses in the UK????? For £200,000 you get some damp mouldy 1890's terrace with a downstairs 1960's kitchen and bathroom whilst in Thailand you get a brand new 2 bed condo with swimming pool for half that.
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  11. Really??? I just sold and completed on my 4 bed detached for £10,000 more than the estate agent's valuation.
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  12. They can afford to spend billions supporting illegal migrants, billions supporting Ukraine which has nothing to do with us, billions sailing around the south China seas situated thousands of miles from the UK, billions paying people to sit at home twiddling their thumbs or playing computer games, billions into the abyss of a defunct NHS, squandered billions on PPE contracts, millions to trade unions and yet cannot help the old and frail with some heating. One word: Pathetic.
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  13. Yea and get sucked into being in hock to the bank for the next 25 years. Property ownership is the biggest con since sliced bread. Renting gives one freedom and you are not giving your hard earned savings to the banksters as a deposit.
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  14. I just sold mine and after paying capital gains tax cleared £110,000 within a 6 year period of ownership.
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  15. In the UK???? The same "heated market" has been worldwide not just the UK.
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  16. Wake up all you fantasists. Interest rates have been artificially kept low and the rich have become gorged on the wealth generated. The rates being experienced now are simply returning to their average over many years. Get used to it as rates will NOT return to 0%.
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