None of this is a surprise. It happens in every recession.next will be house price drops.that is very predictable.Bet the house prices haven't been cut yet though
And banks won't lend any money. If banks were to keep lending ppl then the arse wouldn't fall out it. But next you know the banks will be hand in cap looking bail outs, not giving ppl loans, and still paying themselves huge bonuses no doubt. There is still a housing shortage so theoretically the demand is still thereNone of this is a surprise. It happens in every recession.next will be house price drops.that is very predictable.
Their is a housing shortage,but we will watch ,if consumers still want to purchase at pre virus levels.And banks won't lend any money. If banks were to keep lending ppl then the arse wouldn't fall out it. But next you know the banks will be hand in cap looking bail outs, not giving ppl loans, and still paying themselves huge bonuses no doubt. There is still a housing shortage so theoretically the demand is still there
That whole nervous market thing is what will happen. Just had a nosey seen houses we worked on a year or so ago up for 200k,tjey aren't a 150k house in my opinion, so interesting to see how that developes....Their is a housing shortage,but we will watch ,if consumers still want to purchase at pre virus levels.
Still putting on 20% more shite than you were before for the same day rate. Mugs game on siteContractor on our job we are doing at min has taken £1m2 off,had it booked in b4 covid and was a £1m2 more.just gets a shitter finish as we will do job in 4 days instead of 5..I literally dont care,its not getting that extra trowel.take piss and il take piss back
Dont do just site,do abit from time to time,had 7 new builds booked in which was our job and been put bk a few months.domestic couldn't keep us going we churn too much work outStill putting on 20% more shite than you were before for the same day rate. Mugs game on site
Hector ,you are the oraclei see the bad moon rising,.....i see trouble on the way,.....i see earth quakes and lightning,......i see bad times today,.....dont go round tonight,........its bound to take your life,....theres a bad moon on the rise,
creedance clearwater revival wrote this song ,bad moon rising,.........how very appropiate for these strange scary unsettling times,..............almost forgot what an excellent band they were,.......
this song was also played in the film an american werewolf in london,......another excellent british/black comedy ,
Every song in that film had moon in it. Aa for comedy scared f**k out me as a kidi see the bad moon rising,.....i see trouble on the way,.....i see earth quakes and lightning,......i see bad times today,.....dont go round tonight,........its bound to take your life,....theres a bad moon on the rise,
creedance clearwater revival wrote this song ,bad moon rising,.........how very appropiate for these strange scary unsettling times,..............almost forgot what an excellent band they were,.......
this song was also played in the film an american werewolf in london,......another excellent british/black comedy ,
I agree ,Not surprised at all, big contractors will always look after their bottom line first just like any body else would but maybe to a lesser extent. As for property prices i would Not be surprised if rural properties hold or increase in value cos basically if anything like covid kicks off again, due to smaller populations in rural areas i would guess people would feel there's less chance of infection ?
this is just the start with the big contractors,over coming days/weeks,this will get worse and rates will drop further for all trades,.....covid kick off again ,raggles,......listen carefully raggles and anybody else out in la la land,covid has not gone away,sadly it is going to get worse /infect and kill more people/the r value will go up/sites will again be closed/giving these big contractors the excuse to drop rates again,shocking how they are treating peopleNot surprised at all, big contractors will always look after their bottom line first just like any body else would but maybe to a lesser extent. As for property prices i would Not be surprised if rural properties hold or increase in value cos basically if anything like covid kicks off again, due to smaller populations in rural areas i would guess people would feel there's less chance of infection ?
the last thing i would be putting my money into would be a pub/hotel,............pubs and hotels need the max ammount of people in just to break even,........now there will be less people going into pubs/hotels but there costs staff wages/electric/gas/buisness rates etc etc will still remain the same ,how can they possibly remain in buisness/make a profit ,when costs remain the same and indeed rise ,but with a lot less customers coming through the doors, does not make financial senseI agree ,
let's not forget there's an awful lot of the population that don't need a job , made a lot of money over the years , many from the great lady Mrs T letting everyone on the property boom
Customer of mine just paid £1m for a pub/ hotel to renovate , just spare cash lol
Always work in the private sector if people don't move they revamp or extend , there's probably another 20 years of flattening artex to be had lol
Don't panic Mr Mannering
He's converting to 5 flats and will decide to rent or sell when they're done, just saying there's a lot of money floating about , many people could do nothing for years and not notice any recessionthe last thing i would be putting my money into would be a pub/hotel,............pubs and hotels need the max ammount of people in just to break even,........now there will be less people going into pubs/hotels but there costs staff wages/electric/gas/buisness rates etc etc will still remain the same ,how can they possibly remain in buisness/make a profit ,when costs remain the same and indeed rise ,but with a lot less customers coming through the doors, does not make financial sense
this is just the start with the big contractors,over coming days/weeks,this will get worse and rates will drop further for all trades,.....covid kick off again ,raggles,......listen carefully raggles and anybody else out in la la land,covid has not gone away,sadly it is going to get worse /infect and kill more people/the r value will go up/sites will again be closed/giving these big contractors the excuse to drop rates again,shocking how they are treating people
and quite right bof,i agree with every word, the problem is though that this coming recession is going to be unlike anything we have experienced before in our lifetimeHe's converting to 5 flats and will decide to rent or sell when they're done, just saying there's a lot of money floating about , many people could do nothing for years and not notice any recession
You reckon we are guna have a recession like never b4 hectorand quite right bof,i agree with every word, the problem is though that this coming recession is going to be unlike anything we have experienced before in our lifetime
I think they will anyhow, as this will be a game changer in that more people will work from home remotely instead of going into the office, it doesn't matter were you live for commuting.Not surprised at all, big contractors will always look after their bottom line first just like any body else would but maybe to a lesser extent. As for property prices i would Not be surprised if rural properties hold or increase in value cos basically if anything like covid kicks off again, due to smaller populations in rural areas i would guess people would feel there's less chance of infection ?
Brickies was on to good of a screw on their rates anyway, surely plastering site rates can’t go any lower. They’ve not gone up in the last 20 year.
I work for some wealthy folk, they fund projects from Cleared funds , there not in any banks pockets. We regularly render new build houses that cost 1,2 million plus, at that level there mostly above recessions, they move in different circles to the working man.He's converting to 5 flats and will decide to rent or sell when they're done, just saying there's a lot of money floating about , many people could do nothing for years and not notice any recession
Lots of garden shed and garage offices to look forward to thenI think they will anyhow, as this will be a game changer in that more people will work from home remotely instead of going into the office, it doesn't matter were you live for commuting.
It's an utter piss take it true mind, you can't do your weekly shop and pay them 20% less because we're in a recession.