herosrest
02-17-2009, 10:11 PM
Well - Who owns your home? You have a loan or mortgage, right - but who owns the property?
Tell me please. Don't be shy.
Tell me please. Don't be shy.
| //flex table opened by JP
Click to See Complete Forum and Search --> : Who owns your home? herosrest 02-17-2009, 10:11 PM Well - Who owns your home? You have a loan or mortgage, right - but who owns the property? Tell me please. Don't be shy. mireland 02-17-2009, 10:14 PM well..my landloard owns my home...................err for now...:eek: herosrest 02-17-2009, 10:25 PM :D - Does that mean he OWNS you? mireland 02-17-2009, 10:27 PM :D - Does that mean he OWNS you? :( herosrest 02-17-2009, 10:38 PM A tiny, 2-4% of the HOME property market was in trouble - the numbers look big until you realise that the 'entire' market is 50 to a hundred times bigger and was doing ok The troubled property SECTOR is being revalued - BUT that 2% is taking the other 98% with it. That is a difference of magnitude that is going to demolish the US economy - NO ONE has realised what is actually happening. All mumbo Jumbo and short sighted we've got a banking problem, and home default problem. Just wait until the one around the corner hatches. Property value looks to be down about 30% and still going - come on peeps... wakey wakey. THAT is several TRILLIONS of value vaporising every day. The implications are staggering and it is a cock up - only the repo homes were meant to devalue - they have taken everything with them! Trillions of value everyday - vaporised for a stupid mistake. herosrest 02-17-2009, 10:57 PM The quote below is a very simple - simplistic proposition - It is easily squashed by mumbo jumbo. It remains how ever true. The point of it all is scale. More 'value' is being lost in a day from home equity than the entire Government recovery programme - which runs to several trillion. More in a day. Major disaster ahead! It is one of those little things taken for granted - prices go down, they'll recover. You have to get your head around the size of it - once you realise - you understand immediately. The truth of it, the proof is that stock markets are mirroring home equity and are in fact in advance of it because the software is predicting the devaluation. The software is screwed UP! and the thinking that produced it. A tiny, 2-4% of the HOME property market was in trouble - the numbers look big until you realise that the 'entire' market is 50 to a hundred times bigger and was doing ok The troubled property SECTOR is being revalued - BUT that 2% is taking the other 98% with it. That is a difference of magnitude that is going to demolish the US economy - NO ONE has realised what is actually happening. All mumbo Jumbo and short sighted we've got a banking problem, and home default problem. Just wait until the one around the corner hatches. Property value looks to be down about 30% and still going - come on peeps... wakey wakey. THAT is several TRILLIONS of value vaporising every day. The implications are staggering and it is a cock up - only the repo homes were meant to devalue - they have taken everything with them! Trillions of value everyday - vaporised for a stupid mistake. herosrest 02-17-2009, 11:14 PM The theory underlying economic practise - is programmed in to the system and minds of those running it. The theory is defended (Quite rightly , it is sound) - but its implementation is flawed and no one sees that - YET! A burnt finger is being micro managed - when life is prepping a flame thrower around the corner. Shoreguy 02-17-2009, 11:24 PM most condo's, condex's, etc., only give you a 99yr lease on the 'land'. oh...and most governments can deem land blighted or claim right of way and boot ya to the curb without flinching. herosrest 02-17-2009, 11:55 PM THINKING THIS A PROBLEM THAT WILL RESOLVE OVER TIME MEANS YOU HAVEN'T UNDERSTOOD IT. In my li'l rough calc (below) - 30% 0f 10,000 Trillion is 3,000 Trillion Which can be viewed as......... (minus) - 8,219,178,082 per day. Asset depreciation. http://files.myopera.com/herosrest/albums/634358/cat-squeeze.jpghttp://upload.wikimedia.org/wikipedia/commons/3/37/Bubble_sort_animation.gif http://files.myopera.com/herosrest/albums/634358/OLLOX.jpg In my li'l rough calc - 30% 0f 10,000 Trillion is 3,000 Trillion Which can be viewed as......... (minus) - 8,219,178,082 per day. Asset depreciation. herosrest 02-17-2009, 11:56 PM 8.2 Trillion - per day! http://www.biggerhammer.net/mgshoot/kcrfall2k/flamethrower_straight.jpg Toast - anyone? herosrest 02-18-2009, 12:09 AM IN THE ABOVE CALCULATION - UNITS ARE PROPERTY - BUILD IS THEIR PRICE. THE DEVALUATION - 30% - IS GOING ON NOW. YOUR REAL ESTATE MARKET IS SELF-DESTRUCTING. WHY IS THAT? - WELL, SOMEONE PUSHED A .BUTTON - click ;) herosrest 02-18-2009, 12:29 AM You're all I have in this teenage twilight Your golden hair and pale blue eyes But through all the days and the sleepless nights We have never been satisfied http://tbn0.google.com/images?q=tbn:TofQOimuHTurKM:http://www.thehiddenvine.com/images/web-home-button-gif.gif (http://www.youtube.com/watch?v=gW8mEMqiNhc&feature=related) - Who's gonna own up? :p Tumbling like the leaves We are spiralling on the breeze Almost to the point of no return Everything will burn baby burn Look into my tired eyes See someone you don't recognise Binds that can't be untied Oh yeah, this is slow suicide Feelings that I can't disguise And never will be reconciled Oh something inside has died You walk like your in a daze Unresponsive eyes in a distant gaze Like all the good times have flown away And their memory leaves a bitter taste Tumbling Like the leaves We are spiralling on the breeze Destructive love is all we have Destructive love is all I am Look into my tired eyes See someone you don't recognise Binds that can't be untied Oh yeah, this is slow suicide Feelings that I can't disguise And never will be reconciled Oh something inside has died Vicious bitter words Becoming more and more cruel But you always take me back And let me lick your wounds Tumbling like the leaves We are spiralling on the breeze Almost to the point of no return Every thing will burn baby burn Look into my tired eyes See someone you don't recognise Binds that can't be untied Oh yeah this is slow suicide Feelings that I can't disguise We're living in a compromise Oh something inside has died herosrest 02-18-2009, 12:33 AM S0 s0rry - I am 'simply' CORRECT. AGAIN! herosrest 02-18-2009, 12:52 AM Hey BD - ya Ducked this one. :D Ducks' Dixon goes to Steelers in fifth round NFL pick. The Pittsburgh Steelers drafted Oregon quarterback Dennis Dixon in the fifth round of this weekend's draft. Dixon was a strong candidate for the Heisman Trophy until a torn ACL ended his season and clouded his draft prospects. I hope that with song and prayer the 'U.S.A.'s' new quarterback can Duck 10 years of misery. Way to go. Set......... Good Luck America! :t http://files.myopera.com/herosrest/albums/634358/dixon.jpg http://www.eteamz.com/titan/images/football_spinning.gif (http://www.youtube.com/watch?v=_DeznD1ccv4) herosrest 02-18-2009, 01:24 AM VALUE, just like virtue, must be defended. It's 'the' rule of law as well as the jungle. herosrest 02-18-2009, 03:28 AM fall08 - national_data http://www.huduser.org/intercept.asp?loc=/periodicals/ushmc/fall08/national_data.pdf werz 02-18-2009, 03:29 AM I own my house, no mortgage nuthin. If the price goes down, does it matter, because all the prices go down and if I want to buy a different house it's going to be cheaper to. The prices need to come down so young people can afford to buy a place to live. Even if the price is dropping it's still worth over A$500,000, which is far to much for first home owners to buy, unless you work as a bank exec. j.m@talk 02-18-2009, 10:56 AM I do...... Granted I did have a loan ....... From my Uncle Sams Widow........ No point in having wealthy relatives unless yas can tapp they're acres fer a few quid fer a while :) Ya see, its been a thing fer a while now, banks keep fonin' yas & askin' to come & see yas, ya know when ya don't owe THEM owt...... That means theys getting greedy,(They already has all yas quids) They seem to think they have a barrage of products that you want :( ....... Trooth is they don't :) ...... Theys just a Pita keep fonin' ......... Immagine if the dentist did that OMFG ...... He's here ? :eek: herosrest 02-18-2009, 12:51 PM I own my house, no mortgage nuthin. If the price goes down, does it matter, because all the prices go down and if I want to buy a different house it's going to be cheaper to. The prices need to come down so young people can afford to buy a place to live. Even if the price is dropping it's still worth over A$500,000, which is far to much for first home owners to buy, unless you work as a bank exec. There is disparity between earnings (household) and value. It has been going on a while now since the crocked genius concept of leverage went mainstream from a li'l niche investment market to take over the world of finance. Robbery it is - Bubble economics for bonus. It is accepted without quibble - but the people who love it , dribble. The concept has one, one only, over-riding draw back, it is a fraud! - It empties the CURRENT ACCOUNT. THE NATIONAL ONE! The returns earnt are unsustainable and eventually the bubble bursts when there is no more lending available. All that's keeping the Funds going for now is the derivative earnings. However, that won't last. Even the USA 'can' go bust on the back of it. Savings actually need to be spent now! before industry and the high street and commercial property VANISH up the Hedge Funds wazoola's. Madoff was a TEST - a warning. werz 02-19-2009, 07:45 AM Savings actually need to be spent now! My savings have to last me until my demise, which is 3yrs 10 mths and some days away. But just incase it misses us, it could have to keep me a bit, say twenty years longer. And while interest rates are so low, I can just make enough of it, to live off the interest it earns, and to keep my principle untouched. Which will lose value due to inflation. I don't really want to start full time work again, as I like the easy life, and as I don't live extravagantly, A$100/day + bills. I don't believe it's too much to ask after a life of toil and hardship. cue violins...:rolleyes: j.m@talk 02-19-2009, 08:09 AM My savings have to last me until my demise, which is 3yrs 10 mths and some days away. Arrangements can be made to expedite :p "Queue: Bushfire/Bus/train/errant kangaroo/crock ........ etc etc :D Every ferker has always been saying now is the time to spend....... It was a crock of carp then & it is now. "The Pound In Your Pocket" Harold Wilson & all that...... Troof is, if yas spends it like the experts say ya should, ya in tha poo..... If ya keep yas quids & the poo hits the fan, ya stand less chance of starving .... (thats:JM Reading the Beano Stating the freakin' obvious) :confused: Uncle Sam has nicked all ya quids......... Don't go running to the Russians for help, theys not interested ..... Suckkers )-| werz 02-19-2009, 08:17 AM Mines in me post office savings account. Fer a rainy day. It's been there since Mr Macmillan, never mind Harold better the devil you know, and his pipe Wilson. The shady labour politicians these days would have me grandad spinning in his grave. Tony the poodle Blair, and Gordon Brown, a dour scot. j.m@talk 02-19-2009, 10:59 AM Gordon Brown, a dour scot. Gordy, the man who single handedly banished boom & bust to the history books ............ Err right before he put the country in the hands of the administrators :D I'm going to invest in pharmaceuticals soon, on a local level if ya will. That way the bankers can't nick me money, & the gov't canne tax me on my earnings........ I only have the Police to worry about ..... which by anyone's calcs is a 50% reduction in stuff to be concerned bout :t werz 02-21-2009, 05:50 AM Gordy, the man who single handedly banished boom & bust to the history books ............ Err right before he put the country in the hands of the administrators :D I'm going to invest in pharmaceuticals soon, on a local level if ya will. That way the bankers can't nick me money, & the gov't canne tax me on my earnings........ I only have the Police to worry about ..... which by anyone's calcs is a 50% reduction in stuff to be concerned bout :t Ya mean something like this...:eek: http://www.theaustralian.news.com.au/story/0,25197,25086401-12377,00.html 2kg waiting at post office j.m@talk 02-21-2009, 05:59 AM Its always handy to nip to tha post orafice :D werz 02-22-2009, 09:55 AM That's not what I meant about keeping me money in me post office savings account.;) j.m@talk 02-22-2009, 10:27 AM Give it some thought :D herosrest 02-22-2009, 05:07 PM http://i25.photobucket.com/albums/c94/gm2263/Other%20Cities%20and%20Regions/Frankfurt-EuropeanCentralBankRender.jpg (http://www.sysopt.com/forum/showpost.php?p=1467990&postcount=20) ALL FINANCIAL TRADING - MUST BEGIN WITH A TRANSACTION TAX. YUP - NOTHING, NADA OCCURS UNLESS THE FIRST STEP IS A REGISTRATION ADVISING TRADING. THE FEE CAN BE 1C OR 1P. THE TAX TAKE IS NOT THE ISSUE :rolleyes: ALL TRANSACTIONS AND MOVEMENT OF FUNDS MUST BE MEASURED FOR ANALYSIS. THIEVES AND CONMEN ARE AT WORK AND ENOUGH IS E-FUNKIN' NOUGH! NO EXEMPTION - A HANGING OFFENCE! THERE IS ONLY ONE DIRECTION THE WORLDS ASSETS ARE HEADED AT THIS TIME THAT IS INTO THE GALAXY NGV-000000.0009 (NO GROSS VALUE). VALUE MUST BE PROTECTED RATHER THAN RAPED BY YAHOO'S WHICH IS THE CASE TODAY. herosrest 02-24-2009, 12:38 AM Valuations complicated by lack of functioning market (http://www.ft.com/cms/s/539b8edc-0214-11de-8199-000077b07658,Authorised=false.html?_i_location=htt p%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F539b8edc-0214-11de-8199-000077b07658.html&_i_referer=http%3A%2F%2Fwww.ft.com%2Fcompanies%2Fp roperty) The recent spate of fundraising in the property sector has again raised the thorny problem about the accuracy of valuations in a rapidly changing market. Most companies have so far managed to fit rights issues around interim results and at least a December year-end valuation. However, any forthcoming issues may have a problem basing equity raisings on numbers more than six weeks old. STUPIDITY - Can you feel it. Everywhere. MARKET MARKET MARKET KARMET..... Hey.. they self regulate! :xhttp://media.ft.com/cms/6f68385c-882a-11da-a25e-0000779e2340.gif (http://www.ft.com/cms/s/0/d0a160f0-01d8-11de-8199-000077b07658.html) - - http://media.ft.com/cms/6f68385c-882a-11da-a25e-0000779e2340.gif (http://www.ft.com/cms/s/33d70816-cfff-11dd-ae00-000077b07658,Authorised=false.html?_i_location=htt p%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F33d70816-cfff-11dd-ae00-000077b07658.html&_i_referer=http%3A%2F%2Fwww.ft.com%2Fcompanies%2Fp roperty) PERFECT STORM is reasonable assessment FACT is Black HOLE it accelerates - NO ESCAPE. The IPD property index shows that the fall in property total returns accelerated in the third quarter of 2008 over the previous quarter, to -3.8 per cent, the worst month so far this downturn, with capital values down 4.3 per cent. While income returns rose 0.5 per cent, rental value growth fell -0.3 per cent, the sixth month of decline. HS Batman! That's **% pa.............. oblifgth**vgg my investmentssssss sobs sobs sob herosrest 02-25-2009, 07:37 AM Sharks harpooning Whales! - enough of this rubbish! "We all felt at home among the sharks and stingrays," A crew - a motely crew - got together in insurance some years back - they are scattered to the 4 corners of the planet - raising chaos and financial mayhem. They all worked one place - one theme - one practice. http://www.directart.co.uk/mall/images/l22.jpg (http://en.wikipedia.org/wiki/H.M.S._Defiant) http://www.sysopt.com/forum/images/smilies/wink.gif (http://en.wikipedia.org/wiki/HMS_Defiance) Topic Terminated. 11-30-2004 to 02-03-2009. ;) http://www.sysopt.com/forum/images/smilies/t.gif (http://www.sysopt.com/forum/showpost.php?p=1465306&postcount=248)Traders..... deal makers, the Barrow Boys - have got their hands on the property market and are raping it. They will tell you all day long that those fins on their back are an illusion and get away with it. Sharks are harpooning whales. How do you think the Hedge Funds are turning those pretty pennies. It ain't the TAX dodges doing it. People sign up for 25 years for this rubbish.. no funckin WAY! Lock them up! - with Insurance rebuild values. http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2005/11/23/ccjeff23.xml Under Mr Wood, UBS's strategic risk management team has delivered an average annual return of more than 50 per cent over the past five years, earning $2.4bn in revenue for the bank. Brian Keelan, the swashbuckling corporate financier who achieved fame defending the Co-op from a hostile takeover bid in 1997, is leaving UBS Warburg to join Jardine Matheson, the Bermuda-based conglomerate. http://www.independent.co.uk/news/business/news/top-financier-quits-ubs-warburg-for-jardine-matheson-685735.htmlhttp://newsimg.bbc.co.uk/nol/shared/img/v3/bbc_logo.gif (http://news.bbc.co.uk/1/hi/business/7221827.stm) Click pic Deficits could rise sharply if radical new proposals about the way pension fund assets and liabilities are calculated and reported are adopted. The Accounting Standards Board (ASB) is responsible for the rules which govern financial accounting. "Investor SRM Master Global Fund Ltd., which bought a 5.19% holding in the Countrywide Financial Corp on Jan. 24, said Thursday in a filing to the U.S. Securities and Exchange Commission that the agreement did not “provide sufficient value” to Countrywide's common... " - Nov 28, 2007 Reuters.uk,In a regulatory filing, SRM, run by influential former UBS trader Jon Wood, said it had bought another 2.5 million shares at 114.7 pence each. LONDON (Thomson Financial) - SRM Global Master Fund Ltd Partners, the hedge fund seeking to stop the auction of Northern Rock PLC, has raised its stake in the stricken UK mortgage lender to 9.29 pct from 9.1 pct. SRM, led by former UBS trader Jon Wood, said in a statement that it bought a further 800,000 Northern Rock shares at 0.929459 per unit, taking its total holding to about 39.143 mln shares. [/URL] 21 December 2007, 18:29 GMT Northern Rock has agreed to hold an emergency meeting for shareholders to discuss its sale process on 15 January. The meeting will be the first high-profile occasion for shareholders to grill management after the bank ran into trouble in September. Two of the bank's major shareholders are calling for restrictions on the bank's ability to sell the company's assets or issue new shares. http://www.hedgefundreader.com/2006/08/srm_global_read.html (http://news.bbc.co.uk/1/hi/business/7155574.stm) Investors in SRM Global can choose from two fee structures – a 1 percent management fee to invest for a period of five years and 1.5 percent for three years. SRM Global will retain 25 percent of its profits. [url]http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2006/12/12/ccdiary12.xml Hedge fund RAB Capital spared no expense when it came to organising this year's Christmas party: hiring out the London aquarium for drinks, dinner and dancing. "We all felt at home among the sharks and stingrays," jokes my man at RAB, who tells me the party continued at a Mayfair club. Hang on a mo... NR got into trouble with a high risk strategy that Hedge funds exploited. Funny old world. Sharks harpooning whales. whatever next?What's the odds there is an equal amount of loss - sitting in books somewhere.......... bonds maybe........C0-INCIDENCE BEING RARER THAN TRUTH DURING THIS 21ST CENTURY is it not oddity sublime that slap bang in the murdiddle of the worlds largest EVER Ponzi HaHa! scheme that a renowned Banking World presence half a globe away manages to write off the exact same amount of troubles. Well balanced them Swiss are. Very well balanced. Senior UBS executives and board members may come under pressure to hand back Sfr60m (£32m) in bonuses paid out last year. The Swiss bank said today that the issue of executive remuneration, including whether previously granted incentive awards will be repaid, will be discussed at an extraordinary meeting for shareholders scheduled for November 27. However, bank insiders denied that anyone will be forced to hand back a bonus that they have already received. The bank, the worst European casualty of the 14-month-old financial crisis, writing down $50bn (£31bn), has already indicated that it will not pay any bonuses this year to Peter Kurer, its chairman, and other executives. http://www.guardian.co.uk/business/2008/nov/05/ubs-europeanbanks1 (http://www.guardian.co.uk/business/2008/nov/05/ubs-europeanbanks1) - Funny old world. Traders..... deal makers, the Barrow Boys - have got their hands on the property market and are raping it. They will tell you all day long that those fins on their back are an illusion and get away with it. Sharks are harpooning whales. How do you think the Hedge Funds are turning those pretty pennies. It ain't the TAX dodges doing it. People sign up for 25 years for this rubbish.. no funckin WAY! Lock them up! - with Insurance rebuild values. Sharks harpooning Whales! - enough of this rubbish! "We all felt at home among the sharks and stingrays," Spiritinthesky 02-26-2009, 08:16 AM Wish we did! mireland 02-26-2009, 08:40 AM Wish we did! oh goody...a newbie.:r BadDriver 02-26-2009, 08:52 AM oh goody...a newbie.:r Yas ready for church Lando? :t j.m@talk 02-26-2009, 05:06 PM http://img.photobucket.com/albums/v234/Nintendo_fan123/noob.jpg j.m@talk 02-26-2009, 05:09 PM http://rawsocket.org/wp-content/uploads/2007/09/noob.jpg j.m@talk 02-26-2009, 05:10 PM http://farm1.static.flickr.com/113/289959683_f34d81f211.jpg j.m@talk 02-26-2009, 05:11 PM http://gaygamer.net/images/younoob.jpg werz 02-26-2009, 05:54 PM http://gaygamer.net/images/younoob.jpg This is the best post you've made for a long time?^^^ j.m@talk 02-26-2009, 07:50 PM Good eh! :D herosrest 10-14-2009, 10:30 PM 02-18-2009 A tiny, 2-4% of the HOME property market was in trouble - the numbers look big until you realise that the 'entire' market is 50 to a hundred times bigger and was doing ok. The troubled property SECTOR is being revalued - BUT that 2% is taking the other 98% with it. That is a difference of magnitude that is going to demolish. NO ONE has realised what is actually happening. All mumbo Jumbo and short sighted we've got a banking problem, and home default problem. Just wait until the one around the corner hatches. Property value looks to be down about 30% and still going - come on peeps... wakey wakey. THAT is several TRILLIONS of value vaporising every day. The implications are staggering and it is a cock up - only the repo homes were meant to devalue - they have taken everything with them! Trillions of value everyday - vaporised for a stupid mistake. OK, it's not trillions 'every day', it takes a li'l bit longer. No one reads this to spot it anyway. But, add in loss of value from the rest of the economy and billions a day is pretty close and yet.... value and its art, valuation are actually art forms - concepts put into practice. Something is worth what people will pay for it. That is the basis upon which property value is derived. That method of valuation provides those Financing the market with complete control of that market. In actual fact, the market being valued is the current stock of property for sale. To value property which is not for sale, by that same formula invites disaster. Which is exactly what will happen - one day. ISYK. The concept underlying property market valuations - fell off the back of a lorry, one night and breaks every rule of the classical dichotomy. It is not of economics, it is street bartering at its most completely basic and totally ignores reality and the interests of perhaps a hundred million people who have invested in property, their homes. Value was not defended and l have been saying that since the demise of the first attempt by the banks themselves to put together an $80Bn fund package before they realised the scale and implications of not fixing it. What ever happens, banks will profit from it. That was true 400 years ago and has not changed. They don't actually do anything except sit in the middle and rake off profits. That is what they do and nothing else. They never have solved real problems and never will. That is not their fault - it simply is the way it is. herosrest 10-14-2009, 11:48 PM TIME ACCELERATES. (http://blogs.wsj.com/developments/2009/10/07/the-most-toxic-loans-in-commercial-real-estate/) This is a concept that is easy to prove, despite sounding ridiculous. What took 30 months, will next take 30% less time(months) and then 30% less again.......... It's a 30% devaluation. An accounting practice introduced in,... let me see - when was was it now? http://upload.wikimedia.org/wikipedia/commons/thumb/d/d4/BlackHole.jpg/180px-BlackHole.jpg (http://lostpedia.wikia.com/wiki/Black_hole_(theory)) Fortunately, it is all theory. No one is dumb enough to adapt it into Financial practice. Are they. :p werz 10-16-2009, 04:37 AM I need to start me own hedge fund. The Lodge 10-16-2009, 11:08 AM The United States Government. I lease my property, errr… pay property taxes on it until I die. So technically, no one in the U.S. owns their property. "Government is not reason; it is not eloquence. It is force. And force, like fire, is a dangerous servant and a fearful master." George Washington cdroman 10-16-2009, 11:43 AM I own my house (paid for) but pay rent in the form of property taxes for the land it sits on. :t herosrest 10-16-2009, 08:49 PM I need to start me own hedge fund. Could l possibly interest you in some jacaranda (http://www.toptropicals.com/pics/garden/m1/raznozw/jacaranda_mimosifolia.jpg), a stunning hedge. Seeds available in quantities of 20, 50 or as required available from the seed Bank. Finance available. Finance can be such fun! and colourful too. Let us leverage you. :D http://www.toptropicals.com/pics/garden/m1/raznozw/jacaranda_mimosifolia.jpg werz 10-17-2009, 03:32 AM I own my house (paid for) but pay rent in the form of property taxes for the land it sits on. :tProperty tax here comes in the form of local government rates, they value your property, they make you pay yearly rates on what it's value is. Still it's much better than the poll tax in the UK. herosrest 10-17-2009, 09:12 AM Did someone mention polls? :D http://newsimg.bbc.co.uk/media/images/40913000/jpg/_40913231_polltaxriot203.jpg (http://www.google.co.uk/search?client=opera&rls=en&q=poll+tax+riots&sourceid=opera&ie=utf-8&oe=utf-8) 14th Century Poll Tax Riots King Richard & Wat Tyler. The Peasants' Revolt of 1381 is one of the most dramatic events of English history. Our history is revolting! :p That is why we have no right to arm ourselves. http://www.youtube.com/watch?v=FRj2K0ulD8Q&feature=fvw That was a day that shook England. It came from nowhere onto our TV screens and all of us learn about Wat Tyler and Richard the Turd (A horse, a horse........ my Kingdom for a horse) early in our schooling. C'mon England. It was like history, leaping out from the history book. Even Margaret was surprised by her revolting peasants. Robin Hood, Robin Hood, riding through the Glen.............. A pardon has been found dated 1382AD for Lord Robert Dore of Wadsley (Loxley) otherwise known as Robin Hode. (http://www.robinhoodloxley.net/mycustompage0032.htm) It all calmed down when everyone stopped for tea. :rolleyes: I tax you not, give them credit and cake........ cdroman 10-19-2009, 10:37 PM Property tax here comes in the form of local government rates, they value your property, they make you pay yearly rates on what it's value is. Still it's much better than the poll tax in the UK. Yeah, our property taxes are done the same way; but I am rather lucky as my property value (by the local government) is far lower than the actual value of my property. So I don't complain about what I pay. :t herosrest 11-06-2009, 07:02 PM VA Helps Turn Risky Non-Military Loans into Guaranteed VA Home Loans. Veterans with financially unstable subprime mortgages are now able to receive VA home loans via a generous military loan refinance program expanded by President Obama. http://images.suite101.com/1274860_com_militarylo.png (http://mortgage-negotiation.suite101.com/article.cfm/va_home_refinance_program_tackles_subprime_loans) Swordfish 11-12-2009, 03:32 AM cockroachers, leeches, african spiders and sometimes caterpillars and crickets...i have surrendered to their might....house now truly belongs to them. SysOpt.com
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