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Theresa May | Statement at 11:15am

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11 hours ago, crashmonitor said:

...But where exactly Corbyn will find the money after bigging up public sector wages ( indirectly final salary pensions ) and all the health and welfare promises chiefly helping the old God only knows. And we still have a huge structural deficit Labour calls Austerity. 

Why does this It'll-cost-too-much argument keep popping up?
The Tories are spending BILLIONS propping up house prices.

Any sensible UK housebuilding program would turn a tidy profit, raise living standards, create jobs and improve our international competitiveness.
 

7 hours ago, macca13 said:

The problem with Corbyn is he has good ideas about wealth re-distribution but as long as he is "comfortable about the number of migrants" coming into the country he is un-electable...

Be sure to vote UKIP, as the Torys say immigration will rise after Brexit.

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7 hours ago, macca13 said:

The problem with Corbyn is he has good ideas about wealth re-distribution but as long as he is "comfortable about the number of migrants" coming into the country he is un-electable. He just cant do simple maths, 1000'0000's of migrants entering a country with full schools, clogged roads and a lack of Housing does not make the local population, richer, happier or better off in any form. Unless you own 100 BTL properties.. but then BTL landlords are greedy scumbags to stupid to earn money using their brains, they have tenants to do that for them.. 

 

No hes not.

All hes said so far is 870k is a large income and should be taxed.

The only wealth distribution hes mentioned taking from the wealth destroyers (private companies) and giving to the wealth creators (benefits/public sector).I think he's got the last one the wrong way around.

If Corbyn said something about taxing the huge  public sector pension pots, or actually going after unearned wealth i..e property, I might have been impressed. He did not

 

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Oh, him an John Trot came out with a law on banning Banks from leaving high streets.

Surely the solution to that is to cap rates from the council, something the public sector have control of. They could do that by gutting local government and putting low wage caps on LA workers.

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15 hours ago, thecrashingisles said:

The difference between the government's macroeconomic approach in the early 90s and in the 2000s is unarguable and not a sign of tribalism.

The difference is that Major was forced into a rebalancing of the economy by his bungling attempts to join the Euro.  

The last 40 years have been an unbroken era of neoliberal Thatcherite politics and that is what has brought us debt bubbles, unaffordable housing, mass migration, and all the rest of it. 

Its no coincidence that people born after 1979 are significantly worse off than those born before. 

Edited by DrBuyToLeech

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25 minutes ago, DrBuyToLeech said:

The difference is that Major was forced into a rebalancing of the economy by his bungling attempts to join the Euro.  

The last 40 years have been an unbroken era of neoliberal Thatcherite politics and that is what has brought us debt bubbles, unaffordable housing, mass migration, and all the rest of it.

If he hadn't had an opt out, it might have stayed rebalanced.  Having a hard currency that the government can't mess with is a good idea.

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19 minutes ago, thecrashingisles said:

If he hadn't had an opt out, it might have stayed rebalanced.  Having a hard currency that the government can't mess with is a good idea.

WTF?

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Apols if already posted. Labour already talking about boosting council housing supply:

Barwell in danger as Labour targets housing minister’s seat to launch General Election campaign

http://www.propertyindustryeye.com/labour-targets-housing-ministers-marginal-seat-to-launch-general-election-campaign/

The Labour Party chose the marginal seat of housing minister Gavin Barwell to launch its General Election campaign, calling for council houses to be built across the country.

Barwell holds a slim majority of just 165 in Croydon Central, the fourth most marginal seat in the country, and Leader of the Opposition Jeremy Corbyn visited the constituency to make it the launchpad for Labour’s General Election campaign.

Corbyn told supporters: “We are here in Croydon because we want to win Croydon. We want a Labour MP who will stand up for the people of Croydon.

“The Labour council in Croydon is building council houses – we want a Labour Government that is building housing across our country.”

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2 hours ago, rantnrave said:

Apols if already posted. Labour already talking about boosting council housing supply:

I think Corbyn's campaign could start to build momentum. Of all current candidates he is most likely to cause house prices to fall either through policy or by the reaction/panic of the financial markets if he were to win.

If Corbyn wants to build housing for all this is great but I think the market will start to question how the government would pay for all this... which could lead to interest rates rising. 

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.

Quote

 

The Labour Party chose the marginal seat of housing minister Gavin Barwell to launch its General Election campaign, calling for council houses to be built across the country.

 

So that seems to continue his emphasis on housing that he's been emphasising during Prime Minister's Questions.

It'll be interesting to see what the Conservative manifesto has to say on housing as the election is a great opportunity to renege on the promise of 1 million new homes by the next election (2020) which so far has never looked like being achieved.  Maybe it'll still be 1 million new homes by the next election but by 2022 this time.

None of which really helps with crazy house prices though as that's mainly due to levels of credit.

Edited by billybong

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48 minutes ago, B63 said:

I think Corbyn's campaign could start to build momentum. Of all current candidates he is most likely to cause house prices to fall either through policy or by the reaction/panic of the financial markets if he were to win.

If Corbyn wants to build housing for all this is great but I think the market will start to question how the government would pay for all this... which could lead to interest rates rising. 

The election will become dominated by Brexit. For any traction Corbyn could gain he'd lose again when everyone is constantly reminded the majority of his party wants to remain in the EU. That will motivate the leave voters to go Tory. 

The next election will be wide open though I suspect, depending on how Brexit goes that is. 

 

 

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1 hour ago, B63 said:

If Corbyn wants to build housing for all this is great but I think the market will start to question how the government would pay for all this... which could lead to interest rates rising. 

The Tories are spending BILLIONS propping up house prices.

Any sensible UK housebuilding program would turn a tidy profit, raise living standards, create jobs and improve our international competitiveness.

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.

Quote

 

The Labour Party chose the marginal seat of housing minister Gavin Barwell to launch its General Election campaign, calling for council houses to be built across the country.

 

So presumably in due course he'll explain how these new council houses won't just become wealth vehicles for a lucky few under right to buy.  If not under a Labour government but under a subsequent Conservative government.

Edited by billybong

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21 hours ago, Bruce Banner said:

I was looking for a quote where Osborne said, pre 2010 election, something like "We can't continue to run the economy based on a housing Bubble", instead I found this little gem..... https://www.spectator.co.uk/2013/05/osbornes-bubble/

This is what I was looking for.... http://www.telegraph.co.uk/news/election-2010/7136868/George-Osborne-sets-out-new-Tory-economic-benchmarks.html

"We cannot go on with the old economic model of the last decade. A model that depended on a public spending boom we couldn't afford, an overblown banking sector and unsustainable consumer borrowing off the back of a housing bubble.

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Where will they find the money?

Always the counter argument of those in power.  Left or right.

The UK has the money. The political class hasn't the will to work for the people.  It's been this way for decades now.  The City pulls the strings.

Scrap HS2. There's  £50 billion - yes, £50 billion - for other social projects that will benefit the country.  And 50 could become 60 or 70 or more by the time the final bill arrives.

There's a garden bridge in London being proposed. Probably a cool billion or more - for a BRIDGE. !!!

Housing market props for the big housebuilders. £20-30 billion or more? Who knows. 

Plenty of money in the govt coffers. Just a question of priorities and paybacks to those who help govts get elected. 

Shameless.  HM Govt.

 

 

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15 hours ago, spyguy said:

No hes not.

All hes said so far is 870k is a large income and should be taxed.

The only wealth distribution hes mentioned taking from the wealth destroyers (private companies) and giving to the wealth creators (benefits/public sector).I think he's got the last one the wrong way around.

If Corbyn said something about taxing the huge  public sector pension pots, or actually going after unearned wealth i..e property, I might have been impressed. He did not

 

I thought he wanted a land value tax? Sounded a good idea to me.. I don't have a house or land.. 😂

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8 hours ago, Agentimmo said:

Where will they find the money?

Always the counter argument of those in power.  Left or right.

The UK has the money. The political class hasn't the will to work for the people.  It's been this way for decades now.  The City pulls the strings.

Scrap HS2. There's  £50 billion - yes, £50 billion - for other social projects that will benefit the country.  And 50 could become 60 or 70 or more by the time the final bill arrives.

There's a garden bridge in London being proposed. Probably a cool billion or more - for a BRIDGE. !!!

Housing market props for the big housebuilders. £20-30 billion or more? Who knows. 

Plenty of money in the govt coffers. Just a question of priorities and paybacks to those who help govts get elected. 

Shameless.  HM Govt.

Post! 

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13 minutes ago, satch said:

Sadly that is not the plan of TPTB, all jobs must be in London. Even jobs in the London suburbs must be moved to central London. This is why there are masses of office blocks next to or near the suburb stations that are empty. Soon there will be daily commuters from Bristol, Birmingham, Sheffield and York .............. oh wait, there already are! The rail services into London and the mainline stations are being upgraded to enable even more people to be transported in and the tube capacity also needs to be increased. You must understand that all the jobs can only be done in London.

I've never worked in London!

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5 minutes ago, spyguy said:

I did. I lived elsewhere though. It was sh1t.

Lol. When I do go in, on the train, it's thoroughly unpleasant.

People, especially not UK people (not being racist), DNGAF about anyone else. So rude. Not like other parts of Britain.

Edited by GrizzlyDave

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1 minute ago, GrizzlyDave said:

Lol. When I do go in, on the train, it's thoroughly unpleasant.

People, especially not UK people (not being racist), DNGAF about anyone else. So rude. Not like other parts of Britain.

Less the people, more the time taken to travel relatively short distances. Stop between connections.

Put office around major transport terminals. Fck the other places.

Ive a low running argument about the thames valley/m4 corridor. High paying jobs are long gone, all thats left is the traffic congestion.

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19 hours ago, Agentimmo said:

Where will they find the money?

Always the counter argument of those in power.  Left or right.

The UK has the money. The political class hasn't the will to work for the people.  It's been this way for decades now.  The City pulls the strings.

Scrap HS2. There's  £50 billion - yes, £50 billion - for other social projects that will benefit the country.  And 50 could become 60 or 70 or more by the time the final bill arrives.

There's a garden bridge in London being proposed. Probably a cool billion or more - for a BRIDGE. !!!

Housing market props for the big housebuilders. £20-30 billion or more? Who knows. 

Plenty of money in the govt coffers. Just a question of priorities and paybacks to those who help govts get elected. 

Shameless.  HM Govt.

 

 

They spent three quarters of a billion pounds constructing this shapeless monstrosity on top of New Street Station for John Lewis!

birmingham-new-street-station_940x414.jp

 

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And let's not forget the £170bn that Carney pulled out of his ass on a whim last August and is still in the process of distributing freely to the City of London.

No mention of it from the Toryboys thus far in their economic analyses. :rolleyes:

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Corps plans 4 new bank holidays. Those in the public sector would be laughing - for a 1FTE with many years under the belt would get 31 days plus 12 bank holidays so 43 days off. This is round about 2 months off? 

Edited by Ash4781

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On 4/20/2017 at 7:26 PM, zugzwang said:

Which would accomplish precisely nothing. On the other hand he could introduce a national program of 'general needs' social housing as Clement Atlee did after WW2, rather than the myriad of gerry-rigged, build-to-rent dog kennels that Gavin Barwell and his Chinese sponsors intend to foist on a generation of young Britons. The economy's been on war-footing in public expenditure terms for the past deacde, it's about time we had something to more to show for it than a handful of vanity projects and their associated cost over-runs.

We need a modern day Bevan

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On 4/21/2017 at 7:31 AM, DrBuyToLeech said:

The difference is that Major was forced into a rebalancing of the economy by his bungling attempts to join the Euro.  

The last 40 years have been an unbroken era of neoliberal Thatcherite politics and that is what has brought us debt bubbles, unaffordable housing, mass migration, and all the rest of it. 

Its no coincidence that people born after 1979 are significantly worse off than those born before. 

Well said.

None of this is mentioned to us in our 20s. Instead we are fed a diet of idiotic SJW Blair babies.

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