There’s a middle aged married couple next to me having lunch. So far their conversation has consisted of noting that it is “quite breezy”, and “the chowder is nice”
AND THAT’S IT. In an hour
WHAT IS THE FUCKING POINT
This is why I will die single. If I got married again I would die sooner, from boredom
Some couples are happy just to sit in silence and just enjoy each's company.
There are all sorts of silences, from hostile ones to contented ones where people understand each other beyond words.
I once ate a meal on the next table to a peripheral minor royal and their partner who barely spoke to each other and spent the meal looking miserable.
Or they could just be really boring people, and we'll suited as a couple.
Quite often the trick is to get boring people together and leave them to it. There are complicated boring people who only really enjoy being boring with an audience of people who don't want to be bored instead of other boring people. Flight is the only option.
On the whole boring people like being boring and like being bored. Unless that were true, try to explain most of what is on the telly all day and night? Apparently people watch 28 hours a week or something ridiculous.
The most boring people are those who talk a lot about other people being boring.
The most boring people, in fact the scum of the earth IMO, are those who feel compelled to fill any silence or moment of reflection with chatter. I have the odd relative who can't bear silence in a group, even for a few seconds, so fills it with instant inanity. Silence is golden (not all the time, obviously).
However I lived in Edinburgh in the early 80s and it was debauched gay heaven if you like that sort of thing. Sadly that period coincided with the onset of u-know-what with tragic consequences.
British 5 year government lending rates in the market, vs the so-called PIGS (the eurozone crisis countries from a decade ago)… UK has just today usurped Italy and Greece with a more expensive cost of credit… what @jfkirkegaard has nicknames #ilsorpasso https://twitter.com/faisalislam/status/1574405076344619008/photo/1
just need a far right govt to be elected and we have fully turned italian...we already have the PM changing every year or so
New middle aged married couple on right. Discussing National Trust properties they might visit
OK OK. It’s not Who’s Afraid of Virginia Woolf but at least they are talking
AND they have ordered an entire bottle of wine to go with their dressed crab (and he wanted WHOLE crab and was prepared to argue about it), rather than one poxy glass of weak beer and a fizzy water for the lady
THERE ARE TOO MANY BORING PEOPLE. We need a cull
I hate to break this to you, but perhaps, just perhaps, you might have realised that *you* are a little boring? Which is why you're sitting alone in a restaurant commenting on your food and conversations that you're overhearing?
So be a different sort of boring and start running.
One of the most difficult things I've ever done was sitting in a restaurant by myself for the first time. But once you've done it once it doesn't bother you in the slightest from then onwards. Strange.
New middle aged married couple on right. Discussing National Trust properties they might visit
OK OK. It’s not Who’s Afraid of Virginia Woolf but at least they are talking
AND they have ordered an entire bottle of wine to go with their dressed crab (and he wanted WHOLE crab and was prepared to argue about it), rather than one poxy glass of weak beer and a fizzy water for the lady
THERE ARE TOO MANY BORING PEOPLE. We need a cull
I hate to break this to you, but perhaps, just perhaps, you might have realised that *you* are a little boring? Which is why you're sitting alone in a restaurant commenting on your food and conversations that you're overhearing?
So be a different sort of boring and start running.
One of the most difficult things I've ever done was sitting in a restaurant by myself for the first time. But once you've done it once it doesn't bother you in the slightest from then onwards. Strange.
One of the most difficult things you've ever done?
M1 Abrams variant, not sure which one but it has the 120mm smoothbore cannon so not the very first mark. Not in the UK, Ireland or Japan (unsurprisingly).
There’s a middle aged married couple next to me having lunch. So far their conversation has consisted of noting that it is “quite breezy”, and “the chowder is nice”
AND THAT’S IT. In an hour
WHAT IS THE FUCKING POINT
This is why I will die single. If I got married again I would die sooner, from boredom
Better than being always alone and reduced to eavesdropping surely.
I’ve just spent the last three days *en famille*, I am escaping and doing some flint location research in The Lizard
Tho I am happy to say my family are notably more interesting than this fucking dreadful married couple. Who have just left while exchanging the final insight: “I liked the coffee”
They are probably retired accountants from the North. They do remind me slightly of you and your wife, right down to him probably being a repressed gay but doing never doing anything about it
You talk about gays and getting the eye from them quite a bit. Ever..er..dabbled?
Once asked my best male friend to give a me a blowjob after an entire day of drinking. He havered
He spent so long havering I gave up and went up stairs in my shared house and got one of my housemates (female, architect) to give me a handjob
True story. All this was made quite tremendously awkward by the fact that I am totally not gay and I didn’t fancy my housemate either, tho she was in love with me (and I knew it). The hangover the next day was IMPERIOUS
Golly gosh. You truly do think you're all especially and unusually daring and debauched, don't you? lol
Well yeah. I am. Unless you’ve been to jail on a rape charge
New middle aged married couple on right. Discussing National Trust properties they might visit
OK OK. It’s not Who’s Afraid of Virginia Woolf but at least they are talking
AND they have ordered an entire bottle of wine to go with their dressed crab (and he wanted WHOLE crab and was prepared to argue about it), rather than one poxy glass of weak beer and a fizzy water for the lady
THERE ARE TOO MANY BORING PEOPLE. We need a cull
I hate to break this to you, but perhaps, just perhaps, you might have realised that *you* are a little boring? Which is why you're sitting alone in a restaurant commenting on your food and conversations that you're overhearing?
So be a different sort of boring and start running.
One of the most difficult things I've ever done was sitting in a restaurant by myself for the first time. But once you've done it once it doesn't bother you in the slightest from then onwards. Strange.
I think it would be amazing to sit in a restaurant or somesuch on your own with a book/the paper. The height of indulgence.
However I lived in Edinburgh in the early 80s and it was debauched gay heaven if you like that sort of thing. Sadly that period coincided with the onset of u-know-what with tragic consequences.
The subject of Goodwill City by the Mackenzies
Mmm, Shirley. They were regulars at one of my haunts, the City Cafe
There’s a middle aged married couple next to me having lunch. So far their conversation has consisted of noting that it is “quite breezy”, and “the chowder is nice”
AND THAT’S IT. In an hour
WHAT IS THE FUCKING POINT
This is why I will die single. If I got married again I would die sooner, from boredom
Better than being always alone and reduced to eavesdropping surely.
Nothing wrong with dining alone. I enjoy it too.
And do you spend the meal in a fug of contempt for the conversation and appearance of those around you?
Only if they're talking unusually loudly.
Oh god, that thing where you have a table really close to the next one and can hear everything they say. Nothing worse.
Oh, I'm pretty good at tuning out other people's conversations, but above a certain volume...
However I lived in Edinburgh in the early 80s and it was debauched gay heaven if you like that sort of thing. Sadly that period coincided with the onset of u-know-what with tragic consequences.
The subject of Goodwill City by the Mackenzies
Mmm, Shirley. They were regulars at one of my haunts, the City Cafe
New middle aged married couple on right. Discussing National Trust properties they might visit
OK OK. It’s not Who’s Afraid of Virginia Woolf but at least they are talking
AND they have ordered an entire bottle of wine to go with their dressed crab (and he wanted WHOLE crab and was prepared to argue about it), rather than one poxy glass of weak beer and a fizzy water for the lady
THERE ARE TOO MANY BORING PEOPLE. We need a cull
I hate to break this to you, but perhaps, just perhaps, you might have realised that *you* are a little boring? Which is why you're sitting alone in a restaurant commenting on your food and conversations that you're overhearing?
So be a different sort of boring and start running.
One of the most difficult things I've ever done was sitting in a restaurant by myself for the first time. But once you've done it once it doesn't bother you in the slightest from then onwards. Strange.
I think it would be amazing to sit in a restaurant or somesuch on your own with a book/the paper. The height of indulgence.
- Health: difficult to cut spending materially (although you can save a few billion around the edges with homeopathy, tattoo removal and stuff the Mail hates). More important to reorganise to maximise the health benefit from a certain budget to limit future increases. Reorientate to prevention and sort chronic care / long term nursing (which doesn’t need to be in expensive hospitals) to free up capacity
Just as a small point, NHS England has pretty much stopped all spending on homeopathy, as of 2018.
The question to ask is why did they start?
Homeopathy was more popular back when the NHS formed, so there were five NHS homeopathic hospitals in 1948. Aneurin Bevan gave a personal assurance on the future of homeopathy in the NHS. Homeopathy gradually fell out of favour with a greater focus on evidence-based medicine.
There’s a middle aged married couple next to me having lunch. So far their conversation has consisted of noting that it is “quite breezy”, and “the chowder is nice”
AND THAT’S IT. In an hour
WHAT IS THE FUCKING POINT
This is why I will die single. If I got married again I would die sooner, from boredom
Some couples are happy just to sit in silence and just enjoy each's company.
There are all sorts of silences, from hostile ones to contented ones where people understand each other beyond words.
I once ate a meal on the next table to a peripheral minor royal and their partner who barely spoke to each other and spent the meal looking miserable.
Or they could just be really boring people, and we'll suited as a couple.
Quite often the trick is to get boring people together and leave them to it. There are complicated boring people who only really enjoy being boring with an audience of people who don't want to be bored instead of other boring people. Flight is the only option.
On the whole boring people like being boring and like being bored. Unless that were true, try to explain most of what is on the telly all day and night? Apparently people watch 28 hours a week or something ridiculous.
The most boring people are those who talk a lot about other people being boring.
The most boring people, in fact the scum of the earth IMO, are those who feel compelled to fill any silence or moment of reflection with chatter. I have the odd relative who can't bear silence in a group, even for a few seconds, so fills it with instant inanity. Silence is golden (not all the time, obviously).
Ah, I know what you mean but I don't mind that so much because it comes from social unease and I have a lot of time for social unease.
You know those people who are said to be "comfortable in their own skin"? ... that can be a mixed blessing imo. For those around them, I mean.
New middle aged married couple on right. Discussing National Trust properties they might visit
OK OK. It’s not Who’s Afraid of Virginia Woolf but at least they are talking
AND they have ordered an entire bottle of wine to go with their dressed crab (and he wanted WHOLE crab and was prepared to argue about it), rather than one poxy glass of weak beer and a fizzy water for the lady
THERE ARE TOO MANY BORING PEOPLE. We need a cull
I hate to break this to you, but perhaps, just perhaps, you might have realised that *you* are a little boring? Which is why you're sitting alone in a restaurant commenting on your food and conversations that you're overhearing?
So be a different sort of boring and start running.
One of the most difficult things I've ever done was sitting in a restaurant by myself for the first time. But once you've done it once it doesn't bother you in the slightest from then onwards. Strange.
I think it would be amazing to sit in a restaurant or somesuch on your own with a book/the paper. The height of indulgence.
Once you get used to it (as I’ve had to, writing about the world for the Knappers Gazette) then it become a positive delight. @AndyJS is quite right
I honestly prefer it, quite often, to dining with friends/lovers/family
You can argue on PB. You can chat on your phone. You can stare out the window. Or read a book or a paper. There’s no hassle with the bill (often I’m not paying of course but that’s not essential) It’s delightful. Seriously. And you can overhear conversations and guess the life stories or try to work out how that tedious closet gay accountant hasn’t induced suicide in his long suffering Hampstead wife
And then when you do have a meal with friends and family it is all the more appealing, interesting etc
But this DOES make meals with boring people really hard to take. I want them to fuck off in short order
There’s a middle aged married couple next to me having lunch. So far their conversation has consisted of noting that it is “quite breezy”, and “the chowder is nice”
AND THAT’S IT. In an hour
WHAT IS THE FUCKING POINT
This is why I will die single. If I got married again I would die sooner, from boredom
Better than being always alone and reduced to eavesdropping surely.
Nothing wrong with dining alone. I enjoy it too.
And do you spend the meal in a fug of contempt for the conversation and appearance of those around you?
Only if they're talking unusually loudly.
Oh god, that thing where you have a table really close to the next one and can hear everything they say. Nothing worse.
Oh, I'm pretty good at tuning out other people's conversations, but above a certain volume...
I feel a PB analogy coming on but I'll refrain ...
I wonder how high sterling has to go before the BBC take down their headlines about it crashing to its lowest level etc.
Should point out the pound only backtracked on earlier losses because of a market assumption that the BoE will intervene to shore up interest rates. Expectation now is that bank lending rates will go to 6% over the next year (was 4% last Thursday).
Which means Kwarteng has made people's mortgages about 50% more expensive than they would otherwise be because of his budget,
I don't see how they survive this. (But who knows?)
If you look in to the 'house price crash' idea, I'm not sure anyone actually benefits. If you look at build costs, it costs £250000 to just build a house. Thats what it costs. £250 per sqm for a 100 sqm house. And that is before land cost, planning cost, etc etc etc. A 250k house will cost £17500 per year just in mortgage interest if the rate rises to 7%. So £1458 per month. How many people can realistically afford that? The fundamental problem here is that wages are not catching up with build cost inflation, and the housing market can only function in its current form when rates are at the 2% ish mark.
given the current high inflation rate, could bookies get away with betting overbroke in the 2024 US election markets? even if you end up paying out say 101% of what you took, after 2+ years inflation in today's value it could be well under 90%.
New middle aged married couple on right. Discussing National Trust properties they might visit
OK OK. It’s not Who’s Afraid of Virginia Woolf but at least they are talking
AND they have ordered an entire bottle of wine to go with their dressed crab (and he wanted WHOLE crab and was prepared to argue about it), rather than one poxy glass of weak beer and a fizzy water for the lady
THERE ARE TOO MANY BORING PEOPLE. We need a cull
You want to bump off the old, the infirm, the obese and now the boring. Soon there will be no one bloody left.
New middle aged married couple on right. Discussing National Trust properties they might visit
OK OK. It’s not Who’s Afraid of Virginia Woolf but at least they are talking
AND they have ordered an entire bottle of wine to go with their dressed crab (and he wanted WHOLE crab and was prepared to argue about it), rather than one poxy glass of weak beer and a fizzy water for the lady
THERE ARE TOO MANY BORING PEOPLE. We need a cull
I hate to break this to you, but perhaps, just perhaps, you might have realised that *you* are a little boring? Which is why you're sitting alone in a restaurant commenting on your food and conversations that you're overhearing?
So be a different sort of boring and start running.
One of the most difficult things I've ever done was sitting in a restaurant by myself for the first time. But once you've done it once it doesn't bother you in the slightest from then onwards. Strange.
I think it would be amazing to sit in a restaurant or somesuch on your own with a book/the paper. The height of indulgence.
Once you get used to it (as I’ve had to, writing about the world for the Knappers Gazette) then it become a positive delight. @AndyJS is quite right
I honestly prefer it, quite often, to dining with friends/lovers/family
You can argue on PB. You can chat on your phone. You can stare out the window. Or read a book or a paper. There’s no hassle with the bill (often I’m not paying of course but that’s not essential) It’s delightful. Seriously. And you can overhear conversations and guess the life stories or try to work out how that tedious closet gay accountant hasn’t induced suicide in his long suffering Hampstead wife
And then when you do have a meal with friends and family it is all the more appealing, interesting etc
But this DOES make meals with boring people really hard to take. I want them to fuck off in short order
Other than the last sentence, agree completely. When working I ate out alone much of the time (the other option being hotel room service, which I'd never do). Great for people watching, eavesdropping and trying to work out people's biographies, spotting clandestine affairs, and doing the crossword (Guardian cryptic, of course).
The City is expecting Bailey to make a statement after market close today, I wonder what happens if he doesn't and then doesn't by the end of the week. It could be parity by Friday.
M1 Abrams variant, not sure which one but it has the 120mm smoothbore cannon so not the very first mark. Not in the UK, Ireland or Japan (unsurprisingly).
Ah, I thought it might be a Challenger tank. I knew it wasn't any of the tanks Poland had at the start of the year.
Was spotted in Poland, heading towards Ukraine. Google tells me some older variant Abrams tanks have been delivered to Poland for training, before they take delivery of the M1A2 SEPv3 tanks next year, some of which are in Poland as part of a US brigade.
given the current high inflation rate, could bookies get away with betting overbroke in the 2024 US election markets? even if you end up paying out say 101% of what you took, after 2+ years inflation in today's value it could be well under 90%.
unless bookies get a return of equal to inflation on that money held , why would they?
New middle aged married couple on right. Discussing National Trust properties they might visit
OK OK. It’s not Who’s Afraid of Virginia Woolf but at least they are talking
AND they have ordered an entire bottle of wine to go with their dressed crab (and he wanted WHOLE crab and was prepared to argue about it), rather than one poxy glass of weak beer and a fizzy water for the lady
THERE ARE TOO MANY BORING PEOPLE. We need a cull
I hate to break this to you, but perhaps, just perhaps, you might have realised that *you* are a little boring? Which is why you're sitting alone in a restaurant commenting on your food and conversations that you're overhearing?
So be a different sort of boring and start running.
One of the most difficult things I've ever done was sitting in a restaurant by myself for the first time. But once you've done it once it doesn't bother you in the slightest from then onwards. Strange.
I don't mind the time when I'm actually eating. It is the festering between ordering and the food turning up that is tedious.
At least these days I can "Do a Leon" and distract myself with PB. And of course the situation only arises on work trips so the food and "a maximum of one alcoholic drink" is free.
If you look in to the 'house price crash' idea, I'm not sure anyone actually benefits. If you look at build costs, it costs £250000 to just build a house. Thats what it costs. £250 per sqm for a 100 sqm house. And that is before land cost, planning cost, etc etc etc. A 250k house will cost £17500 per year just in mortgage interest if the rate rises to 7%. So £1458 per month. How many people can realistically afford that? The fundamental problem here is that wages are not catching up with build cost inflation, and the housing market can only function in its current form when rates are at the 2% ish mark.
Why focus on new build costs? The vast majority of homes on the market are not new builds, which in a rational market should command a premium, all things being equal.
There’s a middle aged married couple next to me having lunch. So far their conversation has consisted of noting that it is “quite breezy”, and “the chowder is nice”
AND THAT’S IT. In an hour
WHAT IS THE FUCKING POINT
This is why I will die single. If I got married again I would die sooner, from boredom
Why as one of a married couple, I am not massively into restaurant dinners a deux. We don't store our conversation for the occasion, but we do interact in rather nice ways during the day.
The City is expecting Bailey to make a statement after market close today, I wonder what happens if he doesn't and then doesn't by the end of the week. It could be parity by Friday.
Surely Bailey has to make a statement that reflects a something that both he and Kwasi agree with. Otherwise we will be in a position where 1 side of the country's economic leadership is saying something different to the other side.
New middle aged married couple on right. Discussing National Trust properties they might visit
OK OK. It’s not Who’s Afraid of Virginia Woolf but at least they are talking
AND they have ordered an entire bottle of wine to go with their dressed crab (and he wanted WHOLE crab and was prepared to argue about it), rather than one poxy glass of weak beer and a fizzy water for the lady
THERE ARE TOO MANY BORING PEOPLE. We need a cull
I hate to break this to you, but perhaps, just perhaps, you might have realised that *you* are a little boring? Which is why you're sitting alone in a restaurant commenting on your food and conversations that you're overhearing?
So be a different sort of boring and start running.
One of the most difficult things I've ever done was sitting in a restaurant by myself for the first time. But once you've done it once it doesn't bother you in the slightest from then onwards. Strange.
Yes, but he's not really doing that. He's sitting by himself in a restaurant and going on t'Internet and screaming "LOOK AT MEEEEEE!"
The Guardian can't find much 'far right' Mussolinism in new new Italian set up. I'm not sure there is much to fear. The 'far right' bit looks like a slight over generalisation.
If you look in to the 'house price crash' idea, I'm not sure anyone actually benefits. If you look at build costs, it costs £250000 to just build a house. Thats what it costs. £250 per sqm for a 100 sqm house. And that is before land cost, planning cost, etc etc etc. A 250k house will cost £17500 per year just in mortgage interest if the rate rises to 7%. So £1458 per month. How many people can realistically afford that? The fundamental problem here is that wages are not catching up with build cost inflation, and the housing market can only function in its current form when rates are at the 2% ish mark.
Why focus on new build costs? The vast majority of homes on the market are not new builds, which in a rational market should command a premium, all things being equal.
I expect newbuilds do command a premium on a sq metre basis....
given the current high inflation rate, could bookies get away with betting overbroke in the 2024 US election markets? even if you end up paying out say 101% of what you took, after 2+ years inflation in today's value it could be well under 90%.
unless bookies get a return of equal to inflation on that money held , why would they?
hmmm. i assumed that as the customer is definitely missing out by giving his stakes interest free to the bookmaker for 2 years somebody else must be benefiting and the bookmaker is the only other party in the deal.
There’s a middle aged married couple next to me having lunch. So far their conversation has consisted of noting that it is “quite breezy”, and “the chowder is nice”
AND THAT’S IT. In an hour
WHAT IS THE FUCKING POINT
This is why I will die single. If I got married again I would die sooner, from boredom
Some couples are happy just to sit in silence and just enjoy each's company.
There are all sorts of silences, from hostile ones to contented ones where people understand each other beyond words.
I once ate a meal on the next table to a peripheral minor royal and their partner who barely spoke to each other and spent the meal looking miserable.
Or they could just be really boring people, and we'll suited as a couple.
Quite often the trick is to get boring people together and leave them to it. There are complicated boring people who only really enjoy being boring with an audience of people who don't want to be bored instead of other boring people. Flight is the only option.
On the whole boring people like being boring and like being bored. Unless that were true, try to explain most of what is on the telly all day and night? Apparently people watch 28 hours a week or something ridiculous.
The most boring people are those who talk a lot about other people being boring.
The most boring people, in fact the scum of the earth IMO, are those who feel compelled to fill any silence or moment of reflection with chatter. I have the odd relative who can't bear silence in a group, even for a few seconds, so fills it with instant inanity. Silence is golden (not all the time, obviously).
I dont think that fair - unless the person is so non-stop they do not allow others into the conversation. You do need talkers in a group but they have to be good talkers - engaging ones. Mind you the silence can be golden rule is definitely more applicable to sport or event commentary - A disturbing trend over recent years is the over hyping and explaining and analysis of sport by a commentator - A trend imported from the USA generally. REAL commentators like Richie Benaud or Peter Aliss who only spoke when they felt they could value to a situation beyond what the viewers saw or woudl reasonably be expected to work out themselves (OK Peters one indulgence beyond this was to do shout outs to his ill golf club mates usually from the army ) would not get hired today
The City is expecting Bailey to make a statement after market close today, I wonder what happens if he doesn't and then doesn't by the end of the week. It could be parity by Friday.
If you look in to the 'house price crash' idea, I'm not sure anyone actually benefits. If you look at build costs, it costs £250000 to just build a house. Thats what it costs. £250 per sqm for a 100 sqm house. And that is before land cost, planning cost, etc etc etc. A 250k house will cost £17500 per year just in mortgage interest if the rate rises to 7%. So £1458 per month. How many people can realistically afford that? The fundamental problem here is that wages are not catching up with build cost inflation, and the housing market can only function in its current form when rates are at the 2% ish mark.
£250,000 to build a house, how big a house are you talking about?
New middle aged married couple on right. Discussing National Trust properties they might visit
OK OK. It’s not Who’s Afraid of Virginia Woolf but at least they are talking
AND they have ordered an entire bottle of wine to go with their dressed crab (and he wanted WHOLE crab and was prepared to argue about it), rather than one poxy glass of weak beer and a fizzy water for the lady
THERE ARE TOO MANY BORING PEOPLE. We need a cull
I hate to break this to you, but perhaps, just perhaps, you might have realised that *you* are a little boring? Which is why you're sitting alone in a restaurant commenting on your food and conversations that you're overhearing?
So be a different sort of boring and start running.
One of the most difficult things I've ever done was sitting in a restaurant by myself for the first time. But once you've done it once it doesn't bother you in the slightest from then onwards. Strange.
I don't mind the time when I'm actually eating. It is the festering between ordering and the food turning up that is tedious.
At least these days I can "Do a Leon" and distract myself with PB. And of course the situation only arises on work trips so the food and "a maximum of one alcoholic drink" is free.
Presumably a bottle of wine counts as 'one' alcoholic drink, so that's not too bad.
The City is expecting Bailey to make a statement after market close today, I wonder what happens if he doesn't and then doesn't by the end of the week. It could be parity by Friday.
Surely Bailey has to make a statement that reflects a something that both he and Kwasi agree with. Otherwise we will be in a position where 1 side of the country's economic leadership is saying something different to the other side.
Difficult to see them cobbling together a statement they both agree on. This isn't a situation where they can get a Malcolm Tucker like SpAd to go and shout at a civil servant and get them to make some pre-prepared statement. The governor will say what he wants and if he doesn't agree with the fiscal loosening he may well say so.
If you look in to the 'house price crash' idea, I'm not sure anyone actually benefits. If you look at build costs, it costs £250000 to just build a house. Thats what it costs. £250 per sqm for a 100 sqm house. And that is before land cost, planning cost, etc etc etc. A 250k house will cost £17500 per year just in mortgage interest if the rate rises to 7%. So £1458 per month. How many people can realistically afford that? The fundamental problem here is that wages are not catching up with build cost inflation, and the housing market can only function in its current form when rates are at the 2% ish mark.
£250,000 to build a house, how big a house are you talking about?
Can people read what other people have written ??
"If you look at build costs, it costs £250000 to just build a house. Thats what it costs. £250 per sqm for a 100 sqm house. "
City AM reporting rumours that President Xi is under house arrest. Any views?
Been a few similar stories over the last few days so it's highly possible something is afoot.
There's been a lot of rubbish on twitter about this, using old footage of Chinese military vehicles.
Generally speaking when something like this happens it's everywhere within half a day. In the first few hours it might be just a few dodgy looking rumours on twitter, but if it's actually happened that can only last so long before a massive wave of evidence emerges.
The BBC is describing Brothers of Italy as "far right". The NYT is describing them as "hard right". Which is most accurate? The NYT in my opinion.
Rather than putting labels first, put actual policies and actual actions and legislation first; then decide where they fit.
From the history of the Labour party you could call them 'socialist' or even 'hard socialist'. But that would be wrong about how they are on the whole now. Same with this lot. Wait and see what they actually do. Ignore completely what they and their enemies say.
City AM reporting rumours that President Xi is under house arrest. Any views?
There were rumours of that earlier in the week, with claims all flights into and out of Beijing had been stopped and tanks were on the streets.
I checked FlightRadar.
Flights into and out of Beijing were proceeding perfectly normally.
What is more interesting is the suggestion that Hu Jintao is very annoyed with Xi for seeking a third term and has been orchestrating opposition to him. That might yet cause Xi issues.
The Guardian can't find much 'far right' Mussolinism in new new Italian set up. I'm not sure there is much to fear. The 'far right' bit looks like a slight over generalisation.
The City is expecting Bailey to make a statement after market close today, I wonder what happens if he doesn't and then doesn't by the end of the week. It could be parity by Friday.
Surely Bailey has to make a statement that reflects a something that both he and Kwasi agree with. Otherwise we will be in a position where 1 side of the country's economic leadership is saying something different to the other side.
Imagine this FICTIONAL scene;
Krazy: " The Government will cut more taxes to increase demand and generate growth"
Bailey: "The Bank of England will increase interest rates by 1.5% with immediate effect to curtail demand driven inflation"
The Guardian can't find much 'far right' Mussolinism in new new Italian set up. I'm not sure there is much to fear. The 'far right' bit looks like a slight over generalisation.
The City is expecting Bailey to make a statement after market close today, I wonder what happens if he doesn't and then doesn't by the end of the week. It could be parity by Friday.
Surely Bailey has to make a statement that reflects a something that both he and Kwasi agree with. Otherwise we will be in a position where 1 side of the country's economic leadership is saying something different to the other side.
Difficult to see them cobbling together a statement they both agree on. This isn't a situation where they can get a Malcolm Tucker like SpAd to go and shout at a civil servant and get them to make some pre-prepared statement. The governor will say what he wants and if he doesn't agree with the fiscal loosening he may well say so.
dont think we will see a boe statement...they would surely make one before markets close at 4:30
If you look in to the 'house price crash' idea, I'm not sure anyone actually benefits. If you look at build costs, it costs £250000 to just build a house. Thats what it costs. £250 per sqm for a 100 sqm house. And that is before land cost, planning cost, etc etc etc. A 250k house will cost £17500 per year just in mortgage interest if the rate rises to 7%. So £1458 per month. How many people can realistically afford that? The fundamental problem here is that wages are not catching up with build cost inflation, and the housing market can only function in its current form when rates are at the 2% ish mark.
Why focus on new build costs? The vast majority of homes on the market are not new builds, which in a rational market should command a premium, all things being equal.
I am dissenting from the idea that a house price crash has benefits. The end of the newbuild market would not be a 'benefit', it would be an economic disaster, and would mean that no houses get built to meet household formation and demand from migration etc. It probably won't happen because the demand will be met by landlords rich in cash taking advantage of rising rents due to undersupply. It won't help people 'get on the housing ladder', because people on low to medium incomes can't afford to buy any housing at 7% interest rates, they can't even afford to service the interest payments.
Up there with Jumbulance in my list of despised words.
Like it or not, we're stuck with it. And it does differentiate factories of international significance from jet any old factory. Note there's very little sign of lots being built in the UK - unlike in quite a few European countries.
If you look in to the 'house price crash' idea, I'm not sure anyone actually benefits. If you look at build costs, it costs £250000 to just build a house. Thats what it costs. £250 per sqm for a 100 sqm house. And that is before land cost, planning cost, etc etc etc. A 250k house will cost £17500 per year just in mortgage interest if the rate rises to 7%. So £1458 per month. How many people can realistically afford that? The fundamental problem here is that wages are not catching up with build cost inflation, and the housing market can only function in its current form when rates are at the 2% ish mark.
£250,000 to build a house, how big a house are you talking about?
Can people read what other people have written ??
"If you look at build costs, it costs £250000 to just build a house. Thats what it costs. £250 per sqm for a 100 sqm house. "
100 sq meters is a small house, maybe 2 bedroom. It does not cost £250,000 to build such a house, especially on an estate where there are lots of very similar houses.
If you look in to the 'house price crash' idea, I'm not sure anyone actually benefits. If you look at build costs, it costs £250000 to just build a house. Thats what it costs. £250 per sqm for a 100 sqm house. And that is before land cost, planning cost, etc etc etc. A 250k house will cost £17500 per year just in mortgage interest if the rate rises to 7%. So £1458 per month. How many people can realistically afford that? The fundamental problem here is that wages are not catching up with build cost inflation, and the housing market can only function in its current form when rates are at the 2% ish mark.
Why focus on new build costs? The vast majority of homes on the market are not new builds, which in a rational market should command a premium, all things being equal.
I am dissenting from the idea that a house price crash has benefits. The end of the newbuild market would not be a 'benefit', it would be an economic disaster, and would mean that no houses get built to meet household formation and demand from migration etc. It probably won't happen because the demand will be met by landlords rich in cash taking advantage of rising rents due to undersupply. It won't help people 'get on the housing ladder', because people on low to medium incomes can't afford to buy any housing at 7% interest rates, they can't even afford to service the interest payments.
then if they cant afford housing at 7% interest rates prices would have to crash more....a 50% crash should do it
If you look in to the 'house price crash' idea, I'm not sure anyone actually benefits. If you look at build costs, it costs £250000 to just build a house. Thats what it costs. £250 per sqm for a 100 sqm house. And that is before land cost, planning cost, etc etc etc. A 250k house will cost £17500 per year just in mortgage interest if the rate rises to 7%. So £1458 per month. How many people can realistically afford that? The fundamental problem here is that wages are not catching up with build cost inflation, and the housing market can only function in its current form when rates are at the 2% ish mark.
£250,000 to build a house, how big a house are you talking about?
Can people read what other people have written ??
"If you look at build costs, it costs £250000 to just build a house. Thats what it costs. £250 per sqm for a 100 sqm house. "
100 sq meters is a small house, maybe 2 bedroom. It does not cost £250,000 to build such a house, especially on an estate where there are lots of very similar houses.
It's not far off a according to below;
"The average new build cost per square metre is around £2,387.50"
If you look in to the 'house price crash' idea, I'm not sure anyone actually benefits. If you look at build costs, it costs £250000 to just build a house. Thats what it costs. £250 per sqm for a 100 sqm house. And that is before land cost, planning cost, etc etc etc. A 250k house will cost £17500 per year just in mortgage interest if the rate rises to 7%. So £1458 per month. How many people can realistically afford that? The fundamental problem here is that wages are not catching up with build cost inflation, and the housing market can only function in its current form when rates are at the 2% ish mark.
£250,000 to build a house, how big a house are you talking about?
Can people read what other people have written ??
"If you look at build costs, it costs £250000 to just build a house. Thats what it costs. £250 per sqm for a 100 sqm house. "
100 sq meters is a small house, maybe 2 bedroom. It does not cost £250,000 to build such a house, especially on an estate where there are lots of very similar houses.
£250 per sqm for a 100 sqm house would of course be £25k, so numbers way off. £2.5k/sqm sounds very expensive.
We ended up somehere around £1.8k/sqm for an extension recently, which would give £180k for that size house, but economies of scale on a new build and particularly identikit, of course. Retail price of 2 bed new builds around here would suggest build cost well south of that.
Edit: per post below from Stocky, looks like we got a bargain!
If you look in to the 'house price crash' idea, I'm not sure anyone actually benefits. If you look at build costs, it costs £250000 to just build a house. Thats what it costs. £250 per sqm for a 100 sqm house. And that is before land cost, planning cost, etc etc etc. A 250k house will cost £17500 per year just in mortgage interest if the rate rises to 7%. So £1458 per month. How many people can realistically afford that? The fundamental problem here is that wages are not catching up with build cost inflation, and the housing market can only function in its current form when rates are at the 2% ish mark.
Why focus on new build costs? The vast majority of homes on the market are not new builds, which in a rational market should command a premium, all things being equal.
I am dissenting from the idea that a house price crash has benefits. The end of the newbuild market would not be a 'benefit', it would be an economic disaster, and would mean that no houses get built to meet household formation and demand from migration etc. It probably won't happen because the demand will be met by landlords rich in cash taking advantage of rising rents due to undersupply. It won't help people 'get on the housing ladder', because people on low to medium incomes can't afford to buy any housing at 7% interest rates, they can't even afford to service the interest payments.
House prices are in some ways a secondary question. The more important objective is to increase the relative position of wages vs debt in the economy.
Increasing interest rates puts workers and the financially prudent in a stronger position. Some people may end up on the wrong side of market movements as that process works itself out, but it's a necessary adjustment.
If you look in to the 'house price crash' idea, I'm not sure anyone actually benefits. If you look at build costs, it costs £250000 to just build a house. Thats what it costs. £250 per sqm for a 100 sqm house. And that is before land cost, planning cost, etc etc etc. A 250k house will cost £17500 per year just in mortgage interest if the rate rises to 7%. So £1458 per month. How many people can realistically afford that? The fundamental problem here is that wages are not catching up with build cost inflation, and the housing market can only function in its current form when rates are at the 2% ish mark.
Why focus on new build costs? The vast majority of homes on the market are not new builds, which in a rational market should command a premium, all things being equal.
I am dissenting from the idea that a house price crash has benefits. The end of the newbuild market would not be a 'benefit', it would be an economic disaster, and would mean that no houses get built to meet household formation and demand from migration etc. It probably won't happen because the demand will be met by landlords rich in cash taking advantage of rising rents due to undersupply. It won't help people 'get on the housing ladder', because people on low to medium incomes can't afford to buy any housing at 7% interest rates, they can't even afford to service the interest payments.
Well absolutely. This is standard stuff.
A slow, orderly deflation of prices? Sure. An actually crash? Disastrous.
If you look in to the 'house price crash' idea, I'm not sure anyone actually benefits. If you look at build costs, it costs £250000 to just build a house. Thats what it costs. £250 per sqm for a 100 sqm house. And that is before land cost, planning cost, etc etc etc. A 250k house will cost £17500 per year just in mortgage interest if the rate rises to 7%. So £1458 per month. How many people can realistically afford that? The fundamental problem here is that wages are not catching up with build cost inflation, and the housing market can only function in its current form when rates are at the 2% ish mark.
If we can ratchet up the debt to £500,000b before the rules are to be applied that is easily doable. Like paying a thousand pound fine off at a pound a month.
Robert Peston @Peston The chancellor has put out an emergency statement to try to reassure markets the deficit and debt will not spiral out of control. He says he will announce “a medium term fiscal plan” on 23 November to ensure public sector debt as a share of national income will fall over an…
unspecified “medium term”. He has also asked the independent @OBR_UK to deliver an assessment of his tax and borrowing plans on the same day. This attempt to restore fiscal credibility will be after the Bank of England assesses how much to raise interest rates on 3 November… which could generate yet more volatility in the currency and market interest rates. https://gov.uk/government/news/update-on-growth-plan-implementation
Comments
So the vehicle that looks the spit of a Matchbox tank I had as a boy turns out to be a pizza delivery van.
Really?
It has the potential to supply enough cathode active materials for over 200 GWh of battery cells annually.
https://insideevs.com/news/612492/umicore-battery-materials-gigafactory-poland/
You know those people who are said to be "comfortable in their own skin"? ... that can be a mixed blessing imo. For those around them, I mean.
I honestly prefer it, quite often, to dining with friends/lovers/family
You can argue on PB. You can chat on your phone. You can stare out the window. Or read a book or a paper. There’s no hassle with the bill (often I’m not paying of course but that’s not essential) It’s delightful. Seriously. And you can overhear conversations and guess the life stories or try to work out how that tedious closet gay accountant hasn’t induced suicide in his long suffering Hampstead wife
And then when you do have a meal with friends and family it is all the more appealing, interesting etc
But this DOES make meals with boring people really hard to take. I want them to fuck off in short order
Which means Kwarteng has made people's mortgages about 50% more expensive than they would otherwise be because of his budget,
I don't see how they survive this. (But who knows?)
If you look at build costs, it costs £250000 to just build a house. Thats what it costs. £250 per sqm for a 100 sqm house.
And that is before land cost, planning cost, etc etc etc.
A 250k house will cost £17500 per year just in mortgage interest if the rate rises to 7%. So £1458 per month.
How many people can realistically afford that?
The fundamental problem here is that wages are not catching up with build cost inflation, and the housing market can only function in its current form when rates are at the 2% ish mark.
Was spotted in Poland, heading towards Ukraine. Google tells me some older variant Abrams tanks have been delivered to Poland for training, before they take delivery of the M1A2 SEPv3 tanks next year, some of which are in Poland as part of a US brigade.
At least these days I can "Do a Leon" and distract myself with PB. And of course the situation only arises on work trips so the food and "a maximum of one alcoholic drink" is free.
He's bored, and boring.
https://www.theguardian.com/world/2022/sep/26/eu-giorgia-meloni-true-political-identity-italy-elections-far-right
Up there with Jumbulance in my list of despised words.
"If you look at build costs, it costs £250000 to just build a house. Thats what it costs. £250 per sqm for a 100 sqm house. "
Generally speaking when something like this happens it's everywhere within half a day. In the first few hours it might be just a few dodgy looking rumours on twitter, but if it's actually happened that can only last so long before a massive wave of evidence emerges.
So I reckon, not this time.
From the history of the Labour party you could call them 'socialist' or even 'hard socialist'. But that would be wrong about how they are on the whole now. Same with this lot. Wait and see what they actually do. Ignore completely what they and their enemies say.
I checked FlightRadar.
Flights into and out of Beijing were proceeding perfectly normally.
What is more interesting is the suggestion that Hu Jintao is very annoyed with Xi for seeking a third term and has been orchestrating opposition to him. That might yet cause Xi issues.
https://www.gazettelive.co.uk/news/teesside-news/20-something-teessider-advising-chancellor-25108928
Krazy: " The Government will cut more taxes to increase demand and generate growth"
Bailey: "The Bank of England will increase interest rates by 1.5% with immediate effect to curtail demand driven inflation"
Now where's that hynmsheet?
https://twitter.com/RALee85/status/1574413706594643968
And it does differentiate factories of international significance from jet any old factory. Note there's very little sign of lots being built in the UK - unlike in quite a few European countries.
“The Fiscal Plan will set out further details on the government’s fiscal rules, including ensuring that debt falls as a share of GDP in the medium-term.”
https://twitter.com/MrHarryCole/status/1574416590153650178
"The average new build cost per square metre is around £2,387.50"
https://www.checkatrade.com/blog/cost-guides/building-cost-per-sq-m/
We ended up somehere around £1.8k/sqm for an extension recently, which would give £180k for that size house, but economies of scale on a new build and particularly identikit, of course. Retail price of 2 bed new builds around here would suggest build cost well south of that.
Edit: per post below from Stocky, looks like we got a bargain!
They're advocating quite a big increase in welfare spending, what exactly is "right wing" about them?
“The Fiscal Plan will set out further details on the government’s fiscal rules, including ensuring that debt falls as a share of GDP in the medium-term.” https://twitter.com/EdConwaySky/status/1574417026868707335/photo/1
Increasing interest rates puts workers and the financially prudent in a stronger position. Some people may end up on the wrong side of market movements as that process works itself out, but it's a necessary adjustment.
This is standard stuff.
A slow, orderly deflation of prices? Sure.
An actually crash? Disastrous.
Goody.
A former Tory minister doesn’t hold back, warning last week’s tax-slashing Budget could “crash the economy”
https://twitter.com/KayBurley/status/1574326010052575234
"Liz is... I can't say the word..."
"She's .... again, I can't say the word..."
https://www.economist.com/europe/2022/09/25/a-crushing-victory-for-italys-nationalist-right
This isn't a step beyond GCSE.
@Peston
The chancellor has put out an emergency statement to try to reassure markets the deficit and debt will not spiral out of control. He says he will announce “a medium term fiscal plan” on 23 November to ensure public sector debt as a share of national income will fall over an…
unspecified “medium term”. He has also asked the independent
@OBR_UK
to deliver an assessment of his tax and borrowing plans on the same day. This attempt to restore fiscal credibility will be after the Bank of England assesses how much to raise interest rates on 3 November…
which could generate yet more volatility in the currency and market interest rates. https://gov.uk/government/news/update-on-growth-plan-implementation