Current Affairs Coronavirus Thread - Serious stuff !!!

[Brisan123]

A dozen great tips for couples dealing with COVID-19 cabin fever - Berkeley News

Experts offer spouses and lovers advice on staying connected

news.berkeley.edu

Dont see anything in there about the lady being more generous with her favours to alleviate the boredom lol

 

[orchard]

Breaking news: 66,630,000 or so people are still alive this morning in Britain. Also approximately 2,000 babies are likely to have been born.

Go outside for a bit Bruce ffs

 

[Prevenger17]

I honestly didn't realise dying in swimming pools was contagious until now

 

[NilSatisOptimum]

Well it happened on a massive worldwide scale in the financial crash of 2008 and there was SFA any capitalist Government could do to stop it

Not really here in the UK it was very selected in property type and area of the country.
Also, owning a home in the UK has very different set of cultural values compared to other countries. Main difference being it's very much a case to house money is property in the UK.

 

[The binman chronicles]

As long as you are mortgage free should be ok. However, if property price falls and there is borrowing, that borrowing won't be falling
We've not really had to worry negative equity for decades. Scorched earth policy anyone hoping for crash.

Almost guarantee with housing crash either deposit needed will rise and/or mortgage rates will rise. Lenders won't be exposed to any more risk, and will seek opportunities for greater profit.
It will the last thing any sitting government that subscibes to capitalsm will allow to happen, it will be absolute carnage politically

As long as you are trading up and the equity you have can still provide a 15% or more deposit then a housing price crash wouldn't be so bad. In my case I have my house on sale for 220k and we are looking at houses 300 to 350k, if the market loses 20%, mine will drop 44k but the house I want to buy could drop 70k. So if I get my next house for 280k I would have saved 26k and have less interest going forward/stamp duty to pay due to it being cheaper than it would have been.

 

[Bruce Wayne]

Go outside for a bit Bruce ffs

 

[NilSatisOptimum]

Go outside for a bit Bruce ffs

Alas, the morning glory of being a Tory, spaving out numbers!

 

[OnlyBlueWillDo]

I think at this point its pretty obvious it hasnt come from a food market.

My first thought was a lab...then there was the revelation that there was exactly that lab in wuhan.

Theres a reason why the Chinese have been covering this up from the beginning...and its not because of one person being infected at a food market and passing it on.

They are really taking advantage now though...charging 4 times the price of medical equipment and demanding other trade deals to be included.

Its utterly despicable. The world should isolate them after this mess.

The reason they are covering it up, they have not even supplied the US with a virus sample yet despite repeated requests from the Americans, is because the whole world have a legit claim to sue them if it is proved the Virus came from one of their Labs, nations are already preparing to do exactly that.

One of the heads at that Lab in Wuhan has been studying coronaviruses for 15 years, she's China's leading expert, and they have published numerous studies about how they'd cracked how the virus spreads from animals to humans, 2 years ago the US had inspected the facility and had concerns about how it was being run, safety was not adequate.

I find it much more plausable there has been a breach at this Lab in Wuhan than the Chinese Govt claiming it started at a market selling bats.

 

[Bruce Wayne]

Alas, the morning glory of being a Tory, spaving out numbers!

DEAAAATH. MUUUURDER.

Is that better? Ambulance chasing bores.

 

[Zatara]

The one we are in now is our first home so spent a good few years renting to save up for it. Nice house but too small for if we have a 2nd child - I expect it to be worth more than what we paid for it originally but in the midst of all this God knows what the markets going to be like in the next few years.

Anyone in here involved in commercial property!?

If the value of the house you are selling drops then you can reasonably expect the value of the house you intend to buy to drop by the same PERCENTAGE value
If you are buying a dearer house ,this will mean you will have to add less to your sale price to achieve your purchase price of the new property,than you previously would have

As long as you are mortgage free should be ok. However, if property price falls and there is borrowing, that borrowing won't be falling
We've not really had to worry negative equity for decades. Scorched earth policy anyone hoping for crash.

Almost guarantee with housing crash either deposit needed will rise and/or mortgage rates will rise. Lenders won't be exposed to any more risk, and will seek opportunities for greater profit.
It will the last thing any sitting government that subscibes to capitalsm will allow to happen, it will be absolute carnage politically

Well it happened on a massive worldwide scale in the financial crash of 2008 and there was SFA any capitalist Government could do to stop it

Not really here in the UK it was very selected in property type and area of the country.
Also, owning a home in the UK has very different set of cultural values compared to other countries. Main difference being it's very much a case to house money is property in the UK.

As long as you are trading up and the equity you have can still provide a 15% or more deposit then a housing price crash wouldn't be so bad. In my case I have my house on sale for 220k and we are looking at houses 300 to 350k, if the market loses 20%, mine will drop 44k but the house I want to buy could drop 70k. So if I get my next house for 280k I would have saved 26k and have less interest going forward/stamp duty to pay due to it being cheaper than it would have been.

Are there any informed predictions of a % the property market in UK or Europe / US would drop by?

 

[Zatara]

The reason they are covering it up, they have not even supplied the US with a virus sample yet despite repeated requests from the Americans, is because the whole world have a legit claim to sue them if it is proved the Virus came from one of their Labs, nations are already preparing to do exactly that.

One of the heads at that Lab in Wuhan has been studying coronaviruses for 15 years, she's China leading expert, and they have published numerous studies about how they'd cracked how the virus spreads from animals to humans, 2 years ago the US had inspected the facility and had concerns about how it was being run, safety was not adequate.

I find it much more plausable there has been a breach at this Lab in Wuhan than the Chinese Govt claiming it started at a market selling bats.

Think theyre trying to claim it was from Africa / US or outside of China...at least thats what the Chinese Govt are telling their citizens...

 

[NilSatisOptimum]

DEAAAATH. MUUUURDER.

Is that better? Ambulance chasing bores.

I guess the papers and TV is not good reading or watching... However, I digress. Not getting the emotions, sorry. So stick to numbers, nice sterile numbers.

 

[daza_1973]

The reason they are covering it up, they have not even supplied the US with a virus sample yet despite repeated requests from the Americans, is because the whole world have a legit claim to sue them if it is proved the Virus came from one of their Labs, nations are already preparing to do exactly that.

One of the heads at that Lab in Wuhan has been studying coronaviruses for 15 years, she's China's leading expert, and they have published numerous studies about how they'd cracked how the virus spreads from animals to humans, 2 years ago the US had inspected the facility and had concerns about how it was being run, safety was not adequate.

I find it much more plausable there has been a breach at this Lab in Wuhan than the Chinese Govt claiming it started at a market selling bats.

Said it before, but this could well be to the CCP what Chernobyl was to the Soviet regime.

 

[NilSatisOptimum]

Are there any informed predictions of a % the property market in UK or Europe / US would drop by?

I thought we were talking hypothetically. Personally I would not want to see any crash and I don't believe we will. Not that it would cause me concern property wise, but the financial consequences and pressure it could put on people, is more of a worry, we just won't cope.

 

[OnlyBlueWillDo]

Think theyre trying to claim it was from Africa / US or outside of China...at least thats what the Chinese Govt are telling their citizens...

Trillions and trillions of dollars of reasons why they'd want to do that, there was uproar in the scientific community when it came to light what they were doing in that facility, because it was dangerous, they were making Viruses that transmitted to humans more efficiently to study how it happens, such Virus studies could help produce Bioweapons.

If China makes it's own Bioweapons, and it most certainly does like any major nation, that Lab in Wuhan does some of it's work for sure, it has links to the Chinese military.

The speed and range of how this virus has spread is unlike any of the coronaviruses like SARS that have gone before it, it's as if it's been engineered to do so.

It will all come out in the wash, the Americans will prove China's to blame here I have no doubts.