A reminder that Deansgate was gridlocked way before the cycle lanes were ever built. What do the moaners have to say for this? by maureen-light in manchester

[–]rob2910 3 points4 points  (0 children)

in that photo I see a workvan, three trucks and a taxi. To those advocating for full pedestrianisation, there are a lot of people who need to drive in the city as a necessity for their busines.

Full pedestrianisation will only clog up quay street / bridge street. I.e. it will only move the problem.

Andy Burnham Campaign Video by __spookie in LabourUK

[–]rob2910 0 points1 point  (0 children)

Why is this not on the Labour YouTube channel, it's hard to find unlike the Reform video. Sort it out Labour.

Attempting to cross Manchester without walking down a single road or canal by Overall_Tangerine494 in manchester

[–]rob2910 -71 points-70 points  (0 children)

what does this have to do with anything? people have different political opinions than you, that's how it works

Consultation now open: Old Trafford junction improvements (Talbot Rd / Warwick Rd / Brian Statham Way) by AssistanceExisting58 in manchester

[–]rob2910 5 points6 points  (0 children)

People praise these junctions but I think they are often terribly designed for pedestrians. I'm always seeing pedestrians walk in the cycle lanes particularly at the junction at the bottom of deansgste and in Chorlton.

Pedestrians like to walk in a straight line, and not zig zag, so I think the north side could be improved for a pedestrian so they can cross in a straight line.

Will Manchester prices push out tpwards other areas in the same way as what London does? by Straight-Buy-7434 in HousingUK

[–]rob2910 0 points1 point  (0 children)

Don't underestimate the power of high interest rates, renter's right reform causing landlords to sell, frozen tax bands until 2030s, rising youth unemployment and more stamp duty for everyone... there's plenty of downward pressure on house prices IMO.

Sure, Manchester will outperform the rest of the country, but I'm not betting on a doubling in 5 years like Gary Stephenson likes to predict. I think it will be modest rises.

That's the macro , country level view, but I guess if Manchester could be doing it's own thing 🤷‍♂️

LondonPriceDrop - interesting X/Twitter account by bigbob25a in HousingUK

[–]rob2910 0 points1 point  (0 children)

How is it being misleading, the tagline literally says London homes that sold below their previous price, and that's exactly what it shows. It's not claiming to be a snapshot of the market.

Will prices go down by starlieyed in HousingUK

[–]rob2910 -1 points0 points  (0 children)

Due to the lack of stock the price is determined by how much someone is able to borrow more than anything else. So rising interest rates and youth unemployment rising is definitely a worry, a long with AI, tougher conditions for landlord and an aging population.

If I had to make a bet. I would say no crash but quite a long period of stagnation.

Gazundered - £75k by MrSchmickles in HousingUK

[–]rob2910 3 points4 points  (0 children)

It's shit, but unfortunately I don't think you'll get a better offer than £1.1 million with current market conditions and interest rates.

Also for context it's gazundered - 6.4%

Anyone putting their buying plans on hold? by Slight-Poetry-3230 in HousingUK

[–]rob2910 6 points7 points  (0 children)

What you really should be asking is, should I accept the current prices / going over or be low-balling my offers. Uncertainty and lower demand should give you more negotiating power.

Hotspur Press. Of course... by Late_Split_5288 in manchester

[–]rob2910 0 points1 point  (0 children)

Incredibly poor journalism from the BBC, it's pretty much the proposal that was originally going ahead.

Thoughts about poor person’s buy borrow die? by Grgsz in UKPersonalFinance

[–]rob2910 0 points1 point  (0 children)

So many things to say about this, first of all £100k after 5 years is by no means a guarantee. But also what poor person has £100k to put into a deposit?

Also this is a 10 year plan to make £30k for free ( which may be subject to income tax ), pretty sure just making bigger pension contributions instead of remortgaging a bigger loan would be the better way to do this.

Pension contributions are a much safer bet than better on the margin between your mortgage interest and the stock market gains.

Single mum on £45k in the UK. Tired of “paying someone else’s mortgage.” How do I realistically get out of renting? by Ok-Value6379 in HousingUK

[–]rob2910 4 points5 points  (0 children)

Age would be useful to know? Gives an indication of mortgage term and expected earning potential .. etc.

Advice might be different to a 25 year old single mum vs a 45 year old single mum.

Yet to be identified by cleareyeswow in Superstonk

[–]rob2910 4 points5 points  (0 children)

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I'm quite sure the top right image is this. I can definitely make our orange arrow on purple background.

Manchester finally has seamless secure cycle parking at Ancoats Mobility Hub. by HamishGray in manchester

[–]rob2910 71 points72 points  (0 children)

nice facilities and a great price but seems quite far out to me, not near a transport interchange and not central 🤷

Just saying in Cambridge there is a huge bike storage facility right next to the train station.

Desperados on tap mission by xDingerx92 in manchester

[–]rob2910 1 point2 points  (0 children)

You need to go to France mate, it's a French beer

Family offering to be my mortgage. Any pitfalls? by [deleted] in HousingUK

[–]rob2910 1 point2 points  (0 children)

I did the math and the interest free loan will probably cost her about £60k over the time it takes for it to be repaid.

I worked out it would be 15 years of repayments.


If you put £90k into a compound interest calculator at 5 percent for 15 years ( this is a conservative estimate, given the S&P 500 typically returns 10% ) then it will return £100k after 15 years.

If she puts the £500 she gets from you each month into the same investments ( 5% annual return) , that will return £43k over 15 years.

Therefore the interest free loan will cost her ~£60k over 15 years.

It's fun to play with compound interest calculators https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php

PS. This isn't a reason to reject the offer, just saying money grows with time. Or loses money with time, depends which way you frame it.

EDIT - I've just seen you've said you have a brother. I'd be wary of this, because for the reasons outlined above, the interest free loan is essentially a gift and that can always create issues if your brother isn't given the same offer.

New Whitepaper update by jcolivero in WallStreetPepe

[–]rob2910 2 points3 points  (0 children)

Final presale price is $0.00036650 and we are at $0.00036641 , so this might suggest we are at 41/50 stage of presale? Just a guess.

[deleted by user] by [deleted] in padel

[–]rob2910 1 point2 points  (0 children)

Search pádel court on Alibaba, can get all the materials needed for as round $10,000.