General Chat

There should be no need to repossess homes. The Banks Building Societies who recklessly lent money out willy nilly should be made to accept partial responsibility for their actions,Anyway ,where are these people going to live? They should let them Pay Rental on their Homes untill such times as they can start paying their Mortgages again.**M**.

I can remember not so long back when interest rates went trough the roof and properties where being reposessed as it happened to us and I would not wish that on anyone. Whn you go for help and you get told that the only help that you gan get is to split the family up myself and daughter on way and OH and sons the other.
I feel for any young family just starting out in life.

Sorry to hear that Jgee, hope things turn out okay for you and your hubby

Ixx

Hi Jgee sorry to hear that, and I know also that local to you is not an easy place to find work,

xx

My OH is made redundant xmas, .. if he doesnt find a job it will be big cuts in new year .........

Jac I hope you are not without your hearts because they have been repossessed!

My mum used to say something similar ... I also remember when Mrs Thatcher's popularity was begiinning to wane and financial dealings were 'dodgy', it was overtaken by the patriotism during the Falklands war and her being a 'strong leader'.

Hi Stella , hopefully your son will have qualifications that will always be in demand...but it is a worry as to what situation school and college leavers will find themselves in.

xx

am worried, my son leaves leaves college next year and i hope he will be able to find a job to suit his qualifications...

I think the recession will run far longer than 2009 - more like 2012. This current period is merely a fore-taste of things to come, and I have very serious concerns about the manner in which this country will be able to deal with mass unemployment and it's effects.

Personally, I think I shall have to kick the fags into touch, stop buying the vino and generally become a "grumpy old woman" who's catch phrase will be "well in my days..............."

I remember what my old dad use to say - and it's a sad recollection - it takes a war to get a country out of recession. Hope he's not gonna by proved right.

(off now to empty the cat litter tray))))


Jac XX

from ITV news " The recession will be "deeper and longer" than previously thought, the CBI business group has said.

The CBI predicts the recession will run for almost all of 2009, with growth hit by the dramatic falls in confidence and business activity in the wake of the recent financial turmoil."

This will have a huge impact on all of us (sorry to state the obvious !) and there are likely to be huge social problems following on from that ,

"House repossessions soared by 48 per cent to 18900 in the first six months of 2008 as the credit crunch and stricter lending regimes forced ..."

without going into party politics....how do see yourself coping during the recession , and do you think we need to shift our ideas from a culture of 'ownership' re houses and /or possessions in the long term ?

Rose xx