Where the 1970's ?
Hunt says the economy is back....
- Thread starter martygturner
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How is the economy "back"?
Have all the small shops, pubs and other businesses that were forced to close during the scamdemic whilst the big shops stayed open been reinstated?
Have the vaccine zillionaires come clean and handed all the dosh back?
Has Michele Mone given her PPE millions back?
Et cetera et cetera.
No. This money has gone for good, and we have nothing to show for it.
Have all the small shops, pubs and other businesses that were forced to close during the scamdemic whilst the big shops stayed open been reinstated?
Have the vaccine zillionaires come clean and handed all the dosh back?
Has Michele Mone given her PPE millions back?
Et cetera et cetera.
No. This money has gone for good, and we have nothing to show for it.
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I think we are at the start of a recession as homeowner's tighten belt.Haven't seen a skip lorry for weeks and the more of those about the better it is for the trades.
Second half of the year is predicted to be worse.
I think there is a trend to tighten belt with a lack of confidence. Customers are only carrying out essential work and tyre kicking with that. I'm already getting asked for cash price and that's not happened for years.
I'm limping along with only weeks of work ahead vs months. Phone is quite and has been months, starting in October 2022 with energy costs in news. It was like my phone was switched off.
Looking at sites like my builder I can see trades returning to pay for leads. It's interesting watching that although I refuse to buy a phone number, but If things get worse I might have to, but odds of landing job with so many throwing hat in ring is slim
Second half of the year is predicted to be worse.
I think there is a trend to tighten belt with a lack of confidence. Customers are only carrying out essential work and tyre kicking with that. I'm already getting asked for cash price and that's not happened for years.
I'm limping along with only weeks of work ahead vs months. Phone is quite and has been months, starting in October 2022 with energy costs in news. It was like my phone was switched off.
Looking at sites like my builder I can see trades returning to pay for leads. It's interesting watching that although I refuse to buy a phone number, but If things get worse I might have to, but odds of landing job with so many throwing hat in ring is slim
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Interesting comment about skip lorries. Never thought about it before, but there is definitely fewer about now in my area.
As for the economy being back, all it means is that the "truss" era has passed. Back to where we were, still not good
As for the economy being back, all it means is that the "truss" era has passed. Back to where we were, still not good
It's still nuts here in Bristol. People paying almost £600,000 for dated 3 bed detached 60s boxes with postage stamp gardens. Up the road from me a rancid 30s semi that hadn't been touched since the 70s went for £550,000, then they gutted it, dormer loft conversion, massive extension, another new building at bottom of garden (office, accomm??) all top spec materials. Been working on it over a year and still not finished, must have spent a fortune. Still loads of skips in roads and houses with big projects going on. Get lots of Laandoners doing the white-flight coming down with cash and arriving with cash, thinking everything's a bargain. Bubble still not burst yet.
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@ReganAndCarter
Must be regional.
I'm Only 35 miles north of you though.
Still new builds going on around us and the city has some big building projects going on although slow progress. Often see adverts for trades at £18ph on the sites though but I don't fancy it.
I'm more residential work and that's slowed right down.
I had to laugh though. My last two residential jobs in December were cold. Both customers turned heating off which caused me a problem. We agreed heating would go on for an hour in morning and hour at night to help with the drying.
Previous years I dreaded winter months because homeowners running heating 24/7 causing forced drying. Can't win sometimes...
Think the answer is to work for people that aren't cash strapped so not effected by cost of living. Not sure how you get those jobs though
Must be regional.
I'm Only 35 miles north of you though.
Still new builds going on around us and the city has some big building projects going on although slow progress. Often see adverts for trades at £18ph on the sites though but I don't fancy it.
I'm more residential work and that's slowed right down.
I had to laugh though. My last two residential jobs in December were cold. Both customers turned heating off which caused me a problem. We agreed heating would go on for an hour in morning and hour at night to help with the drying.
Previous years I dreaded winter months because homeowners running heating 24/7 causing forced drying. Can't win sometimes...
Think the answer is to work for people that aren't cash strapped so not effected by cost of living. Not sure how you get those jobs though
Oh not that its all londoners again we have had that for 60 years +... But I really don't think there is a lot going on out there in Bristol, we are doing a auction refurb in westbury...Selco is dead ok its a bit pricey but its dead...kellaways have a delivery time of 2 days( last year it was 10 )and we are not volume. Have a look at the planning portals weekly planning applications, South Glos is now overrun by lawful use(garage conversion), tree orders, loft conversions and small extensions...18 months ago I waited 4 months for Bristol planning to start its process on a 30sqm extension, on the westbury job, the planning officer came out and did it on site....well enough to get on with the ground works and it passed in 9 weeks from submission.
As for the cash side yep 450-600k is now pretty much standard for central Bristol anywhere that's not lockleaze..but prices have gone up by 35% in the last 5 years. The top end has a much shorter reach...£1.2 mill gets you a 5/6 bedroom clifton villa, Redland used to be 4x westbury now its 1.4x..there has just been a contraction in the steps up the ladder...its getting really hard to get finance above 600k..under that its a bank above its private equity , there is just no appetite for risk.
There was something called the community land act back in 1975 iirc, a crackpot socialist called tony benn and others pushed it through parliament. The idea was local councils could zone and then compulsorily purchase land for council housing. It was controversial because the owner only got existing value compensation. But it kept land values and therefore house building costs down. Very simple, why should the local farmer be quids in because he inherited a farm on the edge of a growing town, or a housebuilder who has built up a land bank over many decades.
Blup
Blup
That's where I am. Prices still strong here and stuff selling as soon as it hits the market. Pokey 2 bed (small double plus box room) chatacter free 60s flat in a block of 4 went for £265,000 near me. Sold in no time. May not sound a lot in London, but prices still creeping up.
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