Owning your own home

You're all massively missing the point. Massively. Yes, yes: inflation; income; yields etc, blah, blah. But if you own your own house then you can walk about IN THE NUDE. Cannot wait.

I do that already. as far as I know there's nothing in my rental contract that forbids it. so... no point buying a house then?

There will be.
You got to read the small print.

My tenancy agreement when I rented required me to dress as an elderly Israeli woman on the 1st Sunday of each month.
Was a bit of a faff.

If you rent a house on your own, fine. But housemates tend to frown on it.

chainbreaker actively encourages it.

rent a flat with my partner. I like to watch the other flats from the kitchen window in various states of undress, a la Rear Window (the watching, not the undressedness), there are a couple of cats that spend their days on the windowsill diagonally across from us that like to do the same thing.

Need to move somewhere West for work and looking at being on the crossrail line: is Hanwell / Southall worth considering? We can't afford Ealing, otherwise is it Slough / Maidenhead etc and along the M4?

If you rent a house on your own, fine. But housemates tend to frown on it.

Not so much a frown, I found, as an astonished, slightly jealous expression.

The money is invested in 'businesses' which can generate an income.

A home is not capable of generating income, unless you rent it out..
Any how many index trackers pay a dividend?

Perhaps, tommy, finance and economics guru that you are, you meant total returns index?

This income tends to increase along with the money supply
Really? Dividend income tracks money supply now? Care to back that up with actual data?

Although this thread/forum is not big enough for a debate about the effects of inflation.
Maybe it it, maybe it isn't.

It is, however, plenty big enough to call you out on each post you writes that makes no sense, or that is outright horseshit.

If you want to patronise, you should probably try not to sound like such a burbling moron.

When it comes to investing.. the only figures you should trust are your own (and probably googles)

click zoom 10 yrs and then look at the % figure

Go back 9 years, and it's 40%, 8 years, and it's 20%, 7 years, and it's 5%.

Cherry picking data is fun, no?

"Hopefully we will get a little housing boom and everyone will be happy as property values go up," the Chancellor reportedly told the cabinet.

http://www.newstatesman.com/politics/2013/10/osborne-reveals-true-aim-help-buy-inflate-house-prices

cat's out of the bag. This is a pre-election bribe, plain and simple.

@Velorbi - West Ealing/Hanwell are nice in parts & relatively affordable compared to Ealing central/broadway. I used to have a flat around that way so know the area quite well - have the Ealing feel with rows of Victorian terraced housing without the ridiculous price point.

Southall has a completely different feel to it, that I'd suggest you going and experiencing.

Really? Dividend income tracks money supply now? Care to back that up with actual data?

Well no made it clear I didn't has the debate about inflation is as old as fiat currency itself.

But as you seem to want too here is my take on it.

If people have money in their pockets they are likely to spend it regardless.

If that money in their pocket is devaluing even more so.

Don't get me wrong - inflation is bad for both home owners AND business owners because it makes people less predictable however businesses can adapt to change whereas homeowners are stuck.

I try to pick inflation proof businesses for my portfolio
eg: Betfair = the size of bets will increase as the value of the currency lowers.

Mr buffet has the same idea and holds VISA, Mastercard and Amex
http://www.fool.com/investing/general/2013/08/03/you-cant-pay-credit-without-paying-buffett.aspx

Partly why I like the idea of a privatised Royal mail who will no doubt be allowed to tie the cost of stamps directly to inflation rates.

Bring on the inflation thread!

Bring on the inflation thread!
Please, no. Not if it means more of this bilge.

Please, no. Not if it means more of this bilge.

Hear, hear. I shall hear no more.

But this much bilge will result in 4% less indignation next year, so in order to maintain a decent level of indignation we need to increase the quantity of bilge year on year.

That's nonsense - you're totally ignoring the laws of supply and demand, which will flibber up the ratio tankard. Plus, you know, with all those builders looking up at big figures there will be no end of bricks to lower the cost/benefit ratio of living rooms.

In other news, Sparky's rate of interest is dropping to all time lows...

Appears the Royal Mail share offering will be treated as yet another means tested benefit.

As I choose not take highrisk / low yield investments on property and focus on the stockmarket - I'm deemed to be 'megarich' and not permitted to get any.

http://www.bbc.co.uk/news/business-24470086

I think people who put down more than £10k in a deposit on property that generates no income are the 'megarich' but instead its they who get given tax breaks.

Anyone else annoyed by this?

What does this have to do with owning your own home?

If you're wealthy enough to be sitting on a pile of cash that you can't think of anything more imaginative to do with and you didn't do your due diligence (there's a precedent for this, e.g. the BT IPO) go and whine somewhere else.

I'm also getting quite annoyed by this.

What does this have to do with owning your own home?

If you're wealthy enough to be sitting on a pile of cash that you can't think of anything more imaginative to do with and you didn't do your due diligence (there's a precedent for this, e.g. the BT IPO) go and whine somewhere else.

Nothing i guess.

Not trying to be imaginative with the little money I have. Just trying to get the best return I can by being as boring as possible = royal mail was ticking alot of boxes.

But the government are always going to push and brainwash the masses into buying property because it makes for law abiding citizens. Leave you guys too it.. enjoy your thread.

Nothing i guess.

Not trying to be imaginative with the little money I have. Just trying to get the best return I can by being as boring as possible = royal mail was ticking alot of boxes.

But the government are always going to push and brainwash the masses into buying property because it makes for law abiding citizens. Leave you guys too it.. enjoy your thread.

Eh?

The 'little money you have' being over £10k to invest in Royal Mail because you wouldn't have got turned down otherwise...