Yup. They should bate it into you in school. Nevermind that poetry crap.
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Iâm on AP, TDs on PO start of scale
You have rights to putting 700k in savings but until you have done it you donât have 700k.
If you had a 700k house and a 1m mortgage are you worth 700k?
Yes.
Would all civil servants be open to earning that much?
If your mother sends you down to the shop for a pounds worth of goods and she gives you fifty pence you canât get a pounds worth of goods, can you?
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No, not really
We needed this kind of creative thinking when the country was deep under water in negative equity (youâve just gotten rid of this), companies were going bust due to insolvency (youâve eliminated this forever too) and bankruptcies were the only option for many (a notion of the past now thanks to you).
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Amazing. Too many people like myself locked into a closed mindset 
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You think a TD will default on his mortgage and lose his property?
Itâs unlikely but until heâs paid his mortgage off itâs not certain. Thatâs why his his net worth now if different to what it might be in 20 years time.
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The bould Pearse wonât be defaulting on any properties. Cash purchaser.
Thatâs why stating liabilities would be very interesting. It would be revealing to see who had big mortgages or more pertinently who didnât!
TDs have v little job security
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so how many of the above are now living below the poverty line and being classed as homeless or hitting the soup kitchens?
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Always remember thereâs a big difference between a poor bankrupt and a rich bankrupt.
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Thatâs some goalpost shifting there
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hardly
Whats that got to do with the discussion?
We are talking about their net worth being overstated in this report. Nowt else
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