In UK, first-time buyers offered GBP 70K deposits by local councils

First-time buyers are being offered deposits of up to £70,000 by their local council to help them on the property ladder, with taxpayers footing the bill if house prices fall.

Source: Telegraph.co.uk

newest oldest most voted
Notify of
trackback

[…] at vancouvercondo.info March 23rd, 2011 at 10:36 pm- “My buddy works for a company that specializes in a particular component of building […]

trackback

[…] LY at vancouvercondo.info 24 Mar 2011 at 6:48 am – “One of my friend who rents in Richmond was so thankful that she lost in a multiple bid for a house a week before the Japan earthquake. She plans to look for a house elsewhere, [anywhere] except Richmond and Delta.” […]

trackback

[…] at vancouvercondo.info March 23rd, 2011 at 10:56 am- “I wrote my MP and told him a nice story of a guy I know who has a $900k mortgage, thanks to […]

LY
Guest
LY

one of my friend who rents in Richmond was so thankful that she lost in a multiple bid for a house a week before the Japan earthquake. She plans to look for a house elsewhere except Richmond and Delta.

bubbly
Member

@jesse: Interesting company…

jesse
Member

@bubbly: http://www.generalfusion.com

Fusion reactors. About as rational a fear as "flooding" out of Richmond a week after an earthquake the other side of the globe. Someone should tell Mingpao.

bubbly
Member

@jesse: "Someone should tell them about the nuclear power plant being built in Burnaby. And no I’m not lying."

Link?

Vansanity
Guest
Vansanity

My buddy works for a company that specializes in a particular component of building material used in all construction. They've been busy recently he was working 6 days a week. Well, that industry can be feast or famine and he's being laid off as of April 3. He's been with the company 15 years. In my opinion companies like his are the equivolent to canaries in the mine shaft and it shows that a slow down is coming. I think a lot of construction jobs are going to start getting lost. The fortunate ones will be able to get onto ongoing projects and the rest will ride some EI and maybe look at moving away eventually if nothing turns up over the next 12 months. In my employment I deal with a lot of developers, contractors and the like, a… Read more »

jesse
Member

Greenhorn over at RET claims Richmond sales have slowed significantly due to perceived earthquake risks. Sales being pushed to Burnaby.

Someone should tell them about the nuclear power plant being built in Burnaby. And no I'm not lying.

chip
Guest
chip

@Best place on meth:

"I threw my 2006 census in the garbage when I found out it was contracted out to Lockheed-Martin, an American manufacturer of weapons of mass murder.

If Harpo can’t hire a peaceful Canadian company to do a Canadian census then the fucker gets nothing from me."

Actually, the decision was made by the Liberal govt in 2004. Harper became PM in 2006.

And Lockheed has also been instrumental in developing GPS, the International Space Station, Hubble telescope, telecoms satellites and recent missions to Mars, so you better get cracking if you want to wean yourself off this odious company.

bubbly
Member

China's Property Bubble: "Modern Equivalent of Building Pyramids" http://bit.ly/hZdAXr
Watch the video too.

Anonymouse
Guest
Anonymouse

I saw the first March 18th sale on my auto-update email today (1 bed condo in Coal Harbour, sold a little over list), so I guess we should expect the stats to start reflecting the effect of that day soon.

Best place on meth
Member
Best place on meth

@chilled:

I threw my 2006 census in the garbage when I found out it was contracted out to Lockheed-Martin, an American manufacturer of weapons of mass murder.

If Harpo can't hire a peaceful Canadian company to do a Canadian census then the fucker gets nothing from me.

Nice numbers tonight, yesterday was the high point of the year.

Anonymouse
Guest
Anonymouse

@chilled:

"Grow a set and REFUSE the census and TELL THEM WHY"

Anybody who freely gives away personal information to strangers who call claiming to be from wherever deserves everything they get.

victoria
Member
victoria

tetra,

I am with you. I am starting to think it is not going to happen. However, we are going ahead with our reno and decided not to sell so it probably will.

chilled
Member
chilled

OFF TOPIC, BUT NOT NOT UNUSUAL FOR THIS SITE 🙂

+++++++++++++++

It's that time again!!! Time to refuse the census.

Got my first call today asking questions I just won't answer. Someone claiming to be from Stats Can. I haven't done the census in almost 15yrs and have been threatened a few times but no actions taken.

Statistics Canada, as many of us will agree manipulates numbers that cause indexed pensions, union contracts and many other forms of compensation to be kept artificially low. What is Stats Can current manipulation of the inflation rate doing to interest rates?

Grow a set and REFUSE the census and TELL THEM WHY. Tell the idiot at your door to get off your property or you will call the police. Do it!!

Rant over. (for now)

CRASH JPMorgan-Chase
Guest
CRASH JPMorgan-Chase

Forget the £70,000 Year to date, silver has gained over 20 percent!!! Say folks, a thought occurred to me. Why play the bankster's game of impoverish the middle class? Why depend on 1% interest per year to help with your down payments? Did you know that silver is now up 800% since 2000? How's your down payment account doing. Still believe in this system? Still believe that runaway inflation isn't going to destroy the value of your paper money? Listen….banks have other services which can help you too make 800% by just leaving your money there. It's called a safety deposit box. There you can store your gold and silver for when you need it and you can be assured that you will not have lost anything to inflation. So simple its scary. So stay away from fancy schemes by… Read more »

Patiently Waiting
Member
Patiently Waiting

500 heads roll at Shaw, 90 in Vancouver

http://www.cbc.ca/news/canada/british-columbia/st

VHB
Member
VHB

Dailies – List | Sold

Vancouver East & West*

New Listings – 71

Back On Market Listings -2

Price Changes -29

Sold Listings – 58

Vancouver All Areas*

New Listings – 235

Back On Market Listings – 4

Price Changes – 95

Sold Listings – 155

*Attached & Detached – Date: 03/23/2011 Time:17:38 Pacific YatterMatters.com:Courtesy REBGV. Data believed to be accurate but is not guaranteed.

SourLemon
Guest
SourLemon

@DQ gotcha. I was looking in the wrong section (About).

DQ
Guest
DQ

ourLemon Says:

March 23rd, 2011 at 4:50 pm

@DQ

I don’t see it. Maybe he frequents this site and just updated his blog?

&&&&&&&

http://www.robchipman.net/

Look below, in italics, the "report generator" – the white and yellow stats box. You will see it.

SourLemon
Guest
SourLemon

@DQ

I don't see it. Maybe he frequents this site and just updated his blog?

DQ
Guest
DQ

I had not been to Chipman's site for many years. I lost interest after he started to change positions every week, much like Yatter Matters. Par for the course when you are a salesman I suppose. So I popped on over to the site because someone referenced the stat packages there and found this: "My name is Rob Chipman and I’m a realtor, pilot and all around super hero based in Vancouver, BC. I really enjoy flying, playing guitar and hockey, real estate and the Chilcotin. My company is Coronet Realty Ltd., located at 3582 East Hastings Street, Vancouver, BC, V5K 2A7. I have a C-150L that I own with two other pilots, based out of Pitt Meadows. " Is this an internet dating ad??? Really – superhero, guitar player, pilot?? This is why I can never ever take ANY… Read more »

Anonymouse
Guest
Anonymouse

@patriotz:

"Are you claiming that interest rates in the US and EU were essentially flat over the last decade?"

No, he's claiming they were low – not flat.

The Leak
Guest
The Leak

Devore Says:

March 23rd, 2011 at 11:35 am

@The Leak: Where do you see the “capitalism”?

That, my furry friend, is a statement about the overall state of our economy. We want continued growth and governments will do whatever they can to keep it going, but economies aren't infinite. History speaks for itself.