Olympics

Isn't it always the case on this board? Everyone is on a constant comedown!


I personally think it's brilliant. Couldn't give a fuck about how much money it will cost, the Government spends millions upon millions on fuck all to start with, it may aswell spend it on hosting pretty much the biggest show on earth! I just hope we can host it aswell as Sydney did.

I'll be trying my hardest to get down to some of the events, even though I'll be the BIG 30 by then!

You make it sound like theres an age limit on how old you can be before you have to give up watching sports

very surprised we got it tbf but we'll be paying for it so taxes will rise more , and we wont see any of it apart from on tv so its crap !!!

As if taxes will rise cos of the olympics

all you tools muttering "waste of money" ....... its the cockneys that pay for it.. they are having a 20% council tax rise to pay for it (unlucky)

anyway.... do u think any way the government spends money is going to effect us? is it fuck. they have just spent billions conquering some tea towel wearers in the middle east, has that effected us?? has it fuck.

They are you sexually confused tit. Council Tax in the effected areas and the car access tax is also going up to cover it.

Council tax is dependent on your house price and is revaluated every 10 or so years and if there house prices go up so will there equity

Maybe you need a taxi mate ???

was watching a debate on the tax increase scenario and the anti olympic lot were saying the average household would pay around 5 grand in higher taxes over ten year to foot the bill(obvousley diputed )



have to say even if it was it would be worth every fukin penny after watchin the french on the news yesterday
made my year that did
how good does it feel to stick it right up them french bastds anyone who has been to paris will know were im coming from

anyway.... do u think any way the government spends money is going to effect us? is it fuck. they have just spent billions conquering some tea towel wearers in the middle east, has that effected us?? has it fuck. [/B][/QUOTE]






good point

isn't equity in the property the amount you can actually borrow from your house i.e 95% of the property value less your mortgage?

Its how much you acually own so if the house price goes up then even tho you still owe trhe same on the mortgage you would get more if you sold it.

Negative equity is where you owe more on the mortgage than the house is worth

the residual property value then?

do you mean own or owe, because how much equity you have doesn't really link with how much of the property you own, you could have just bought a place, paid two years off your mortgage, which is just interest, then prices shoot up and you have loads of equity but still owe 23 years on your mortgage?

Anyway the fact remains if the house prices go up in the area that can only be a good thing for those who own them.

I'm no mortgage expert, but i woul dbe happy if i lived in the areas that are going to get rejuvinated

translation - I'm not really sure what I'm talking about

Iknow the ins and outs having owned a few properties in my time, but as i said im no expert

You know what they say about simple things ???

I wouldn't worry hun, not understanding equity doesn't make you simple

The amount by which a entity's assets exceed its liabilities.


Which is what i said in longer terms with the liability being the mortgage in this case and the fixed asset being the property..

So NER

Nothing like a Google and a cut and paste to fill those knowledge gaps eh?