Thread: Snakes are looking up.

Originally Posted by sam

Well actually, no, not even close. The term "most" would be appropriate after 51% or more, the estimate US figure is closer to 28%, whilst in the UK it's only estimated at 7.3%.

You use the word estimate, so guesing really , not to worry, this may be helpfull yo you

http://www.integrityfinancialservice...quity/B167.htm


Is the market at tipping point?
'The housing market has tipping points,' says Ed Stansfield, housing economist from Capital Economics.
'It may be that gentle falls don't drag many people into negative equity — that's what we have seen so far. But at some point you will suddenly see thousands of extra people faced with this problem. The effect can happen very suddenly


Read more: http://www.thisismoney.co.uk/money/m...#ixzz1aDe8VxvH

Neil Warman, HML’s chief finance officer said: “This analysis show just how vulnerable UK households are to a continuing fall in house prices. Since their peak before the onset of the credit crunch, house prices have fallen by nearly 18 per cent and, although there’s considerable variation in future forecasts, a number of analysts are saying we need to brace ourselves for further falls.”

Read more: http://www.economicvoice.com/negativ...#ixzz1aDedJ7gT


as you can see Sam, the falling property prices in the UK are dragging more into the negative equity trap, so the statistics, unfortunately are constantly climbing in the wrong direction, there is plenty of evidence to support this.

Please refer to the thread title.

Ok lets talk snakes, and frogs?

Originally Posted by peacock

You use the word estimate, so guesing really , not to worry, this may be helpfull yo you

http://www.integrityfinancialservice...quity/B167.htm


Is the market at tipping point?
'The housing market has tipping points,' says Ed Stansfield, housing economist from Capital Economics.
'It may be that gentle falls don't drag many people into negative equity — that's what we have seen so far. But at some point you will suddenly see thousands of extra people faced with this problem. The effect can happen very suddenly


Read more: http://www.thisismoney.co.uk/money/m...#ixzz1aDe8VxvH

Neil Warman, HML’s chief finance officer said: “This analysis show just how vulnerable UK households are to a continuing fall in house prices. Since their peak before the onset of the credit crunch, house prices have fallen by nearly 18 per cent and, although there’s considerable variation in future forecasts, a number of analysts are saying we need to brace ourselves for further falls.”

Read more: http://www.economicvoice.com/negativ...#ixzz1aDedJ7gT


as you can see Sam, the falling property prices in the UK are dragging more into the negative equity trap, so the statistics, unfortunately are constantly climbing in the wrong direction, there is plenty of evidence to support this.

No, not guessing at all actually, Peacock. See: http://www.bloomberg.com/news/2011-0...llow-says.html

Strangely, your article shows that the figures are actually less in the UK, than those I'd mentioned.. maybe you didn't read it thoroughly where it says- "But statistics from the Bank of England reveal that 4.4% of all mortgage debt is for properties worth less than the value of the loan" ?
By the way, both your articles were based on what might happen (sometime, never?) rather than what is actually the case right now. Seriously, I'd suggest you concentrate on facts if you wish to make a convincing case, rather than quoting a forecasted possibility just for the sake of picking an argument with me over semantics.
Thishas gone completely off topic so I'm dropping the subject now.

Ophidian, is there any kind of licencing required to keep snakes there, like there is in Florida?

Sam, to keep any non venomous and some mildly venomous snake or lizard there is no license required. To keep venomous snakes and lizards you need to have a Dangerous Wild Animals License that you get from your local authority. That also covers such things as big cats, monkeys, crocodilians etc. We do intend having some of these and a good friend is giving me some Gila Monsters so applying for my DWA will be a first stop when we get back.

Originally Posted by sam

No, not guessing at all actually, Peacock. See: http://www.bloomberg.com/news/2011-0...llow-says.html

Strangely, your article shows that the figures are actually less in the UK, than those I'd mentioned.. maybe you didn't read it thoroughly where it says- "But statistics from the Bank of England reveal that 4.4% of all mortgage debt is for properties worth less than the value of the loan" ?
By the way, both your articles were based on what might happen (sometime, never?) rather than what is actually the case right now. Seriously, I'd suggest you concentrate on facts if you wish to make a convincing case, rather than quoting a forecasted possibility just for the sake of picking an argument with me over semantics.
Thishas gone completely off topic so I'm dropping the subject now.

To get the actual figures would be difficult, as property prices have been in freefall in th UK for the last 15 months, who would be accurately monitoring the point when you slipped into negative equity, this my dear puts flaws in your argument

Originally Posted by ophidian

Sam, to keep any non venomous and some mildly venomous snake or lizard there is no license required. To keep venomous snakes and lizards you need to have a Dangerous Wild Animals License that you get from your local authority. That also covers such things as big cats, monkeys, crocodilians etc. We do intend having some of these and a good friend is giving me some Gila Monsters so applying for my DWA will be a first stop when we get back.

Interesting. Obviously they need some kind of control. I'm sure you're aware that there are laws here in the US (recently in Florida) regarding the keeping of snakes.

Originally Posted by peacock

To get the actual figures would be difficult, as property prices have been in freefall in th UK for the last 15 months, who would be accurately monitoring the point when you slipped into negative equity, this my dear puts flaws in your argument

So why bother posting something that was based on "possibilities? The flaw in the argument is yours. Oh and please don't patronize me by calling me "dear", I'm not your girlfriend.

Originally Posted by sam

So why bother posting something that was based on "possibilities? The flaw in the argument is yours. Oh and please don't patronize me by calling me "dear", I'm not your girlfriend.

would you like to be ?