frederico Posted September 3, 2015 Share Posted September 3, 2015 http://www.bbc.co.uk/news/business-34138179 The UK housing market is "dysfunctional" and building more homes will fail to solve the problem on its own, a key industry figure has said. Bob Pannell, chief economist of the Council of Mortgage Lenders (CML), said that activity in the market was "sluggish". Yeah and... Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 3, 2015 Share Posted September 3, 2015 (edited) http://www.bbc.co.uk/news/business-34138179 The UK housing market is "dysfunctional" and building more homes will fail to solve the problem on its own, a key industry figure has said. Bob Pannell, chief economist of the Council of Mortgage Lenders (CML), said that activity in the market was "sluggish". Yeah and... that's exactly what I said on twitter 2 days ago.build all the houses you like but while this insane speculation and government support is allowed you'll always get the spivs trying to fleece people. ban buy to let mortgages. stop using our own money to make up pay more for housing. nothing will be done of course, collapse will be the only thing that stops this mania. Edited September 3, 2015 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
SarahBell Posted September 3, 2015 Share Posted September 3, 2015 buildng houses will not solve anything. Building huge amounts of social housing for uk people, economic migrants and then refugees.. 4million homes n the next year might help. Quote Link to comment Share on other sites More sharing options...
eric pebble Posted September 3, 2015 Share Posted September 3, 2015 that's exactly what I said on twitter 2 days ago. build all the houses you like but while this insane speculation and government support is allowed you'll always get the spivs trying to fleece people. ban buy to let mortgages. stop using our own money to make up pay more for housing. nothing will be done of course, collapse will be the only thing that stops this mania. And -- more specifically... BAN LIAR LOANS Quote Link to comment Share on other sites More sharing options...
Ash4781 Posted September 4, 2015 Share Posted September 4, 2015 As the op 'yeah and..'. Dysfunctional depends on the definition of 'normal' the CML uses. FT has posted updated sa mortgage approvals for house puchase. It's 2015 and we're still no where near back to presumably pre-2007/8 which I presume is what the CML refers to as 'normal' .It's probably better to talk about pre 2007/8 and post 2007/8 credit crunch. Eg. this is the new normal? http://www.housepricecrash.co.uk/forum/index.php?/topic/204354-sundry-statistics-releases/page-13#entry1102783475 Quote Link to comment Share on other sites More sharing options...
Meerkat Posted September 4, 2015 Share Posted September 4, 2015 If only, collapse is something I don't envisage ever happening now. They'd rob every penny first before then. An oxymoron - so you suggest there's a river of lemonade unconditionally flowing, a statist's dream. Robbing ad infinitum. The reality is all this has come a long way - you are much, much closer to the end of this path than beginning as your post seems to suggest. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 4, 2015 Share Posted September 4, 2015 And -- more specifically... BAN LIAR LOANS And prosecute the fraudsters, Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 4, 2015 Share Posted September 4, 2015 And -- more specifically... BAN LIAR LOANS AreTheShiresCrashing @ShiresCrashing 1h1 hour ago How to fix the housing market, in one easy statement @BrandonLewis Duly tweeted to the housing minister. Quote Link to comment Share on other sites More sharing options...
billybong Posted September 4, 2015 Share Posted September 4, 2015 (edited) From gov.uk Brandon Lewis was appointed Minister of State for Housing and Planning at the Department for Communities and Local Government on 15 July 2014. He was elected Conservative MP for Great Yarmouth in 2010. The Housing Minister used to be head of a separate Housing Ministry Department (Ministry of Housing and Local Government). That put the Minister in a strong position to negotiate budget and policy on housing. It's difficult to believe they give the issue priority when it has to compete with other stuff like "Communities" and "Local Government". Housing isn't even in the name of the department. Edited September 4, 2015 by billybong Quote Link to comment Share on other sites More sharing options...
sPinwheel Posted September 4, 2015 Share Posted September 4, 2015 And -- more specifically... BAN LIAR LOANS Surely they are already banned. Its not legal to lie to get a mortgage is it? Quote Link to comment Share on other sites More sharing options...
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