fun with hills

audrey said:

Quick post to say I managed Dundee and its hills by bike. I did have
to get off and push for a short way going up past Camperdown, (but I
was ladened with full panniers at the time).

Well done. That is a bit of a hill.

Quoted message said:

Can't say going up the
hills was fun but coming down them was. Cycling on the Kingsway was
definitely a Bad Idea.

The cycle paths next to it are even worse. I tend to go along the
clepington road (just S of Kingsway.)

Quoted message said:

My extended family now view me with that
mixture of admiration and puzzlement I've become used to ('wow you
cycled! up a hill! that's great. But why did you, you have a car
don't you?'😉. And now I have a looming pile of OU work to get through

But it is nice to get out and about. Shame we didn't meet up but I was
flat on my back all weekend with some nasty lurgy.

...d

David Martin said:

audrey said:

Quick post to say I managed Dundee and its hills by bike. I did have
to get off and push for a short way going up past Camperdown, (but I
was ladened with full panniers at the time).

Well done. That is a bit of a hill.

Ta. My red-faced exertions entertained the hitchhiking berry pickers,
too.

Quoted message said:

Quoted message said:

Can't say going up the
hills was fun but coming down them was. Cycling on the Kingsway was
definitely a Bad Idea.

The cycle paths next to it are even worse. I tend to go along the
clepington road (just S of Kingsway.)

Yes I tried the cycle paths once, I know what you mean. Next time I
will experiment with other ways of getting from Piperdam to Mill
O'Mains.

Quoted message said:

But it is nice to get out and about. Shame we didn't meet up but I was
flat on my back all weekend with some nasty lurgy.

aww. Hope you're feeling better now. Maybe see you next time.

Audrey

audrey said:

On 8 Aug 2005 08:55:49 -0700, "David Martin"
<[email hidden]> wrote:

Quoted message said:

Quoted message said:

Quoted message said:

Can't say going up the
hills was fun but coming down them was. Cycling on the Kingsway was
definitely a Bad Idea.

The cycle paths next to it are even worse. I tend to go along the
clepington road (just S of Kingsway.)

Yes I tried the cycle paths once, I know what you mean. Next time I
will experiment with other ways of getting from Piperdam to Mill
O'Mains.

If you don't mind a bit of off road, you could try the cycle route
through Templeton woods then down to the Dighty burn through Trottick.
Nice ride but potentially a bit secluded in parts for a young lady
alone.

Quoted message said:

Quoted message said:

But it is nice to get out and about. Shame we didn't meet up but I was
flat on my back all weekend with some nasty lurgy.

aww. Hope you're feeling better now. Maybe see you next time.

Much better, or at least I was till I had to fight with a tree
yesterday evening. The tree lost [1]

...d

[1] My neighbours are moving so I am taking the opportunity (with their
permission) to tidy up the boundary between the two houses. This
involved the removal of a few saplings[2] and trimming 15m of flowering
raspberry. Wielding a petrol hedge trimmer at arms length can still be
felt in my shoulders today.
[2] well, one was more of a small tree with a 6" trunk growing out from
a very well established laurel hedge. Much cursing and wielding of
mattocks later and a victory was secured.

David Martin said:

[1] My neighbours are moving so I am taking the opportunity (with their

I noticed _both_ your neighbours are moving... is it the bikebuilding
noises or the smell of molten metal? 🙂

Roos

Roos Eisma said:

David Martin said:

[1] My neighbours are moving so I am taking the opportunity (with their

I noticed _both_ your neighbours are moving... is it the bikebuilding
noises or the smell of molten metal? 🙂

Old age in both cases. The old chap next door has had a few strokes and
with all the clutter in the house cannot get about. He has been
effectively housebound for the last few years. So they have sold up and
have moved to a nice new bungalow up in Lochee.

The other side, they have decided to move so their teenage daughter can
have a bigger room (and being a multi-car family, they probably want
more car parking)

It will be interesting to see what the one next door sells for (the
other half of our semi detatched but with one less floor)

Nearly finished the molten metal bits for the moment. Just got the last
few bits to piece together for the trailer and it will be done. And I
need to obtain a hitch from somewhere..

...d

Roos Eisma said:

I noticed _both_ your neighbours are moving... is it the bikebuilding
noises or the smell of molten metal? 🙂

Perhaps the screams of bicycles as they are rearranged into new shapes
they never realised was possible...

Pete.
--
Peter Clinch Medical Physics IT Officer
Tel 44 1382 660111 ext. 33637 Univ. of Dundee, Ninewells Hospital
Fax 44 1382 640177 Dundee DD1 9SY Scotland UK
net [email hidden] http://www.dundee.ac.uk/~pjclinch/

David Martin said:

It will be interesting to see what the one next door sells for (the
other half of our semi detatched but with one less floor)

See today's Courier headline about Dundee leading the current house
price increase charts. Technically I could be rich... if I didn't mind
wild camping 365/12! ;-/

Pete.
--
Peter Clinch Medical Physics IT Officer
Tel 44 1382 660111 ext. 33637 Univ. of Dundee, Ninewells Hospital
Fax 44 1382 640177 Dundee DD1 9SY Scotland UK
net [email hidden] http://www.dundee.ac.uk/~pjclinch/

Peter Clinch said:

See today's Courier headline about Dundee leading the current house
price increase charts. Technically I could be rich... if I didn't mind
wild camping 365/12! ;-/

Awaits pithy reply from Roos ;-)

--
Tony

"I did make a mistake once - I thought I'd made a mistake but I hadn't"
Anon

Peter Clinch said:

David Martin said:

It will be interesting to see what the one next door sells for (the
other half of our semi detatched but with one less floor)

See today's Courier headline about Dundee leading the current house
price increase charts. Technically I could be rich... if I didn't mind
wild camping 365/12! ;-/

If you own property in the UK, you *are* rich. Quite apart from wild
camping, you could monetise it by moving into rented property (like
those brits who aren't rich), or to a lower-cost country, or ...

--
Nick Kew

Nick Kew said:

If you own property in the UK, you *are* rich.

Not necessarily. It depends on the difference between the property
value and the value of loans, particulalry the mortgage, secured on it.

In prinicipal you could release any value there is as you suggest but
you replace your mortgage payments with payments of the rent plus the
owner's profit. If you could pick your time at a peak of property
values it might be a good idea but that is notoriously difficult to do.

--
Tony

"I did make a mistake once - I thought I'd made a mistake but I hadn't"
Anon

Tony Raven said:

Nick Kew wrote:

Quoted message said:

Quoted message said:

If you own property in the UK, you *are* rich.

Quoted message said:

Not necessarily. It depends on the difference between the property
value and the value of loans, particulalry the mortgage, secured on it.

In prinicipal you could release any value there is as you suggest but
you replace your mortgage payments with payments of the rent plus the
owner's profit. If you could pick your time at a peak of property
values it might be a good idea but that is notoriously difficult to do.

More to the point, as time == money, so convenience == money. And if
you look at all the faff involved, convert that into Effective £s,
subtract from the notional £s value, then I'd think you'll end up with
somewhere between marginally more and considerably less than bugger all...

One of the reasons I put an offer in on the house when the landlord
decided to sell it was I just couldn't be arsed with moving again. That
I very much like the house was an added bonus, as was the fortunate
state of affairs that the housing market was pretty stale at the time.

Pete.
--
Peter Clinch Medical Physics IT Officer
Tel 44 1382 660111 ext. 33637 Univ. of Dundee, Ninewells Hospital
Fax 44 1382 640177 Dundee DD1 9SY Scotland UK
net [email hidden] http://www.dundee.ac.uk/~pjclinch/

Peter Clinch said:

One of the reasons I put an offer in on the house when the landlord
decided to sell it was I just couldn't be arsed with moving again. That
I very much like the house was an added bonus, as was the fortunate
state of affairs that the housing market was pretty stale at the time.

And knowing where you are, when you bought and even assuming a 100%
mortgage at the time, it was a very shrewd investment.

Bikes should stop screaming soon. I have just been rearranging a
Raleigh Highlander into a tow bar for the new trailer. Soon it'll just
be my screams as I try to pull a loaded trailer up the hills.

...d

Tony Raven <[email hidden]> wrote:
: Nick Kew wrote:

:> If you own property in the UK, you *are* rich.

: Not necessarily. It depends on the difference between the property
: value and the value of loans, particulalry the mortgage, secured on it.

I'd go with Nick, but then I don't conflate "having a mortage on a house"
with "owning a house". Most people do mind.

Arthur (sadly, the bank still owns ~30% of my house..)

--
Arthur Clune PGP/GPG Key: http://www.clune.org/pubkey.txt
The struggle of people against power is the struggle
of memory against forgetting - Milan Kundera

Arthur Clune said:

Tony Raven <[email hidden]> wrote:
: Nick Kew wrote:

:> If you own property in the UK, you *are* rich.

: Not necessarily. It depends on the difference between the property
: value and the value of loans, particulalry the mortgage, secured on it.

I'd go with Nick, but then I don't conflate "having a mortage on a house"
with "owning a house". Most people do mind.

If you have a mortgage, you're still spared the hassle of having to
move 'cos your landlady decided to sell. Not to mention being told
where you can't keep your bike. That's worth a lot. And of course,
if you had the mortgage more than a year or two you've made huge
amounts tax-free, that the non-rich can only dream of.

Quoted message said:

Arthur (sadly, the bank still owns ~30% of my house..)

You own 70% of a house - you're rich too mate:-)

I could earn enough to pay higher-rate income tax, yet still
never be rich enough to qualify for a mortgage between now and
retirement age. In fact, that seems very likely to happen.

--
Nick Kew

Nick Kew said:

If you have a mortgage, you're still spared the hassle of having to

Oh, it's a very good thing. It's just that as the old saying goes, if you
think you own your house, stop paying the mortage for a while and see
how long it takes for the owner to turn up 🙂

Quoted message said:

You own 70% of a house - you're rich too mate:-)

Strictly, I own 1/3, my girlfriend owns 1/3 and the bank the rest. The
basic point is true though.

Quoted message said:

I could earn enough to pay higher-rate income tax, yet still
never be rich enough to qualify for a mortgage between now and
retirement age. In fact, that seems very likely to happen.

Maybe, maybe not. Lots of people were saying very similar things in
89/90 and look what happened then (I was still at school in 89 but
my mother bought a house at the peak of the boom...)

Though if you work in the public sector/Universities etc and live in the
south-east, you may just want to move somewhere nicer 🙂

Arthur

--
Arthur Clune PGP/GPG Key: http://www.clune.org/pubkey.txt
The struggle of people against power is the struggle
of memory against forgetting - Milan Kundera

Arthur Clune said:

Oh, it's a very good thing. It's just that as the old saying goes, if you
think you own your house, stop paying the mortage for a while and see
how long it takes for the owner to turn up 🙂

OK this is probably pure pedantry, but I call myself a "homeowner" too.

The mortgage company don't own the house, you do; but they've lent
you the money to buy it. One of the conditions in the loan contract
is that they can take your house from you to get their money back
should you stop paying them. (In which case "repossession" is a
misnomer as it was never their possession).

I mean, theoretically, you could buy a house with a credit card instead
of a mortgage, and the credit card company wouldn't own the house.

Or have I got it totally wrong?

--
jc

Remove the -not from email

Response to Arthur Clune:

Quoted message said:

Oh, it's a very good thing. It's just that as the old saying goes, if you
think you own your house, stop paying the mortage for a while and see
how long it takes for the owner to turn up 🙂

Ar. My mortgage adviser told me of a conversation with another client:

"Why should I change providers? They've always been very good to me."

"What, they send flowers on your wife's birthday? Try not paying for a
few months and see if they're still good to you."

--
Mark, UK

"The origin of all science is the desire to know causes, and the origin
of all false science and imposture is the desire to accept false causes
rather than none, or, which is the same thing, in the unwillingness to
acknowledge our own ignorance."

Jeremy Collins said:

I mean, theoretically, you could buy a house with a credit card instead
of a mortgage, and the credit card company wouldn't own the house.

Or have I got it totally wrong?

But if I bought a house with a credit card (possible in Moss Side until recently 🙂,
if I stopped paying the credit card, the credit card company would not be able to
take the house off me.

When you take out a mortage, the mortage company are listed on the deeds as a joint
owner, and they have first claim if you stop paying as well. It's very different.

--
Arthur Clune PGP/GPG Key: http://www.clune.org/pubkey.txt
The struggle of people against power is the struggle
of memory against forgetting - Milan Kundera

Nick Kew said:

If you own property in the UK, you *are* rich.
Nick Kew

This might clear it up....(no mention of house ownership, but the academic job alone should put you clear of the pack) 😄

http://www.globalrichlist.com/index.php