dave1978 Posted December 22, 2012 Share Posted December 22, 2012 That is the problem. A lot of people have had the move sold to them on a world class education system. Rubbish. World class hospital. Even worse. Its just complete lies and people need to realise. I am not worried about me but I have a very real and genuine concern about how my children are being educated here. The most basic grammar and spelling are way off. Link to comment Share on other sites More sharing options...
Matt Bawden Posted December 22, 2012 Share Posted December 22, 2012 But why would anyone continue to pay the mortgage? Apparently if there's an exodus there'll be loads of houses lying empty so your own house would be repossessed and you just go and rent for a pittance, how do you like them apples? Two banks have a high exposure to the Island's inflated house market. You can be sure they'll chase defaulters from there to hell and back again. Personally speaking I'm not fussed as my mortgage is relatively small, but if I were in a different position and my mortgage was large I would just stop paying until the banks took possession and I would then rent, if the bank came chasing after me I would take them to court for causing the present economic situation and accuse them of breaking a moral contract, not sure how far I'd get with it but I'd give them feck all. Link to comment Share on other sites More sharing options...
Addie Posted December 22, 2012 Share Posted December 22, 2012 The most basic grammar and spelling are way off. That's hardly confined to the island, to be fair. Link to comment Share on other sites More sharing options...
Tugger Posted December 23, 2012 Share Posted December 23, 2012 But why would anyone continue to pay the mortgage? Apparently if there's an exodus there'll be loads of houses lying empty so your own house would be repossessed and you just go and rent for a pittance, how do you like them apples? Two banks have a high exposure to the Island's inflated house market. You can be sure they'll chase defaulters from there to hell and back again. Personally speaking I'm not fussed as my mortgage is relatively small, but if I were in a different position and my mortgage was large I would just stop paying until the banks took possession and I would then rent, if the bank came chasing after me I would take them to court for causing the present economic situation and accuse them of breaking a moral contract, not sure how far I'd get with it but I'd give them feck all. This is a cracking example of what a moron you are. What court will listen to your headcase ramblings about the banks being to blame for the economic situation? Here's your answer: you wouldn't get anywhere with that stupid argument, and they'd take everything you had. They would get their money from your wages, before you even got your pay packet (not that you'd have one as a road worker - if this situation happens you won't have a job because there will be no taxpayers paying for you). Link to comment Share on other sites More sharing options...
Matt Bawden Posted December 23, 2012 Share Posted December 23, 2012 But why would anyone continue to pay the mortgage? Apparently if there's an exodus there'll be loads of houses lying empty so your own house would be repossessed and you just go and rent for a pittance, how do you like them apples? Two banks have a high exposure to the Island's inflated house market. You can be sure they'll chase defaulters from there to hell and back again. Personally speaking I'm not fussed as my mortgage is relatively small, but if I were in a different position and my mortgage was large I would just stop paying until the banks took possession and I would then rent, if the bank came chasing after me I would take them to court for causing the present economic situation and accuse them of breaking a moral contract, not sure how far I'd get with it but I'd give them feck all. This is a cracking example of what a moron you are. What court will listen to your headcase ramblings about the banks being to blame for the economic situation? Here's your answer: you wouldn't get anywhere with that stupid argument, and they'd take everything you had. They would get their money from your wages, before you even got your pay packet (not that you'd have one as a road worker - if this situation happens you won't have a job because there will be no taxpayers paying for you). Well matey, if I've no job therefore no income how the hell can they take anything off me when I won't have anything to take.......???? And you call me a moron, pah! Link to comment Share on other sites More sharing options...
Roger Smelly Posted December 23, 2012 Share Posted December 23, 2012 I am sorry but reading between the lines here a lot of people who are from the uk are saying they would not move back because they seem to like the inbred way of life over here. Yes the island is sheltered mainly due to the irish sea but its clear now and in the next few years that island life "will" take a dip. Every dept of government will feel the squeeze and your tax's will rise. I myself am seriously looking at relocating to the uk as after weighing up cost of living etc, the island isnt that far off from the uk. The isle of man offers nothing to the youth. And for the people who are here because of the scenery, you must be over 50 and ready for retirement, so the isle of man suits u. Link to comment Share on other sites More sharing options...
GD4ELI Posted December 23, 2012 Share Posted December 23, 2012 I am sorry but reading between the lines here a lot of people who are from the uk are saying they would not move back because they seem to like the inbred way of life over here. Yes the island is sheltered mainly due to the irish sea but its clear now and in the next few years that island life "will" take a dip. Every dept of government will feel the squeeze and your tax's will rise. I myself am seriously looking at relocating to the uk as after weighing up cost of living etc, the island isnt that far off from the uk. The isle of man offers nothing to the youth. And for the people who are here because of the scenery, you must be over 50 and ready for retirement, so the isle of man suits u. OMG the Island offers a lot for the youth, it's the parents who are the problem. As for being retired on the rock - that's a different matter. The future is not rosy, that's for sure. AB was giving warnings about February's budget on MR a few days ago. Link to comment Share on other sites More sharing options...
dave1978 Posted December 23, 2012 Share Posted December 23, 2012 I myself am seriously looking at relocating to the uk as after weighing up cost of living etc, the island isnt that far off from the uk. And therein lies the problem. The UK is skint as a nation but it is affordable to live there. When they start messing around with taxation levels here, the less well off people who actually bother to work will struggle. In fact, I think for the average working family who isn't super rich, the recession will bite even harder here. Link to comment Share on other sites More sharing options...
dave1978 Posted December 23, 2012 Share Posted December 23, 2012 Couple that with not being able to sell your property when this all kicks off and people will be really really stuck - its not like you can commute. Property will be a ball and chain. Link to comment Share on other sites More sharing options...
Roger Smelly Posted December 23, 2012 Share Posted December 23, 2012 Dave i can easily belive that, in the uk you have choice, not on the isle of man. I know a guy who has just got a house in the uk its basically similar to a dandara box for £80k and his mortgage is £450 a month. could you do that here, the average price here must be £180k until it directly effects you then you are in a bubble. Alan Bell has for years told the public that it is going to get tough, nobody seems to listen. Link to comment Share on other sites More sharing options...
Bumble Posted December 24, 2012 Share Posted December 24, 2012 When comparing living in the UK with IoM, bear in mind that the UK has a national debt of approximately £700 billion, which is still rising and may reach £1 trillion in a few years. On top of this, there are unfunded public liabilities, mainly in the form of public sector pensions, of another £900 billion in the years to come. This puts a millstone around the neck of every UK resident to the tune of about £30,000 per head. By contrast, IoM has no external debt, though it does appear to have about £170 million pounds of liabilities in the form of local authorty loans. (I don't have official figures on this, if someone knows better, please correct me.) £170 million is only about £2,000 per head, so this is a much healthier position. The UK cannot keep borrowing in order to afford its current level of expenditure, and when the day comes when it is forced to balance its budget, there will be a substantial reduction in the standard of living, either through cuts in public expenditure, or higher taxes or both. Link to comment Share on other sites More sharing options...
Cronky Posted December 24, 2012 Share Posted December 24, 2012 That is the problem. A lot of people have had the move sold to them on a world class education system. Rubbish. World class hospital. Even worse. Its just complete lies and people need to realise. I am not worried about me but I have a very real and genuine concern about how my children are being educated here. The most basic grammar and spelling are way off. I saw this comment in the June minutes of the Education Council: http://www.gov.im/lib/docs/education/ec_minutes/councilminutes22ndjune2012.pdf 'The way children learn is changing, so the Department must respond to what is known about how they learn.' What do you make of this? Link to comment Share on other sites More sharing options...
dave1978 Posted December 24, 2012 Share Posted December 24, 2012 (edited) That is the problem. A lot of people have had the move sold to them on a world class education system. Rubbish. World class hospital. Even worse. Its just complete lies and people need to realise. I am not worried about me but I have a very real and genuine concern about how my children are being educated here. The most basic grammar and spelling are way off. I saw this comment in the June minutes of the Education Council: http://www.gov.im/lib/docs/education/ec_minutes/councilminutes22ndjune2012.pdf 'The way children learn is changing, so the Department must respond to what is known about how they learn.' What do you make of this? I agree that the means of learning are changing i.e. ipads, interactive whiteboards etc but the fundamentals of what they need to master first remain largely unchanged. Get the basics right first and it will serve the kids well in the future. I am tempted to start marking the 'letters home' and return them with a score out of ten the following day. Edited December 24, 2012 by dave1978 Link to comment Share on other sites More sharing options...
GD4ELI Posted December 24, 2012 Share Posted December 24, 2012 What a crassly naive view that sort of ignores the fact that... ...the UK showered free cash on the IOM for many years in the shape of VAT over-payment. Shirley the OP doesn't put the IOM's financial position down to the likes of Shimmin, Cretney and Karran? Link to comment Share on other sites More sharing options...
Tourettes Posted January 17, 2013 Share Posted January 17, 2013 UK house prices to rise over the next 5 years, If you were thinking about jumping ship, this year would be the time to jump. http://www.dailymail.co.uk/money/mortgageshome/article-2263396/Which-regions-UK-biggest-house-price-rises-years.html Link to comment Share on other sites More sharing options...
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