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November Budget 2017


maverick73

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HOLA441

The Resolution Foundation’s Chief Economist Matt Whittaker agrees that tinkering around the edges will not tackle the housing crisis. He said: “Rather than announcing a range of micro schemes the sound good but all too often do little more than stoke demand, he should take the steps necessary to make a radical difference on housing supply.

November Budget 2017

Supply is overpriced... it drops until demand is stroked once more... unfortunately local demand is underpinned by.... ?  

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This budget we witness the death of the Conservative party on a short and medium term time-line.

they have to be more drastic than their own party would ever allow. too full of boomers bankers and new money neoliberals. 

lots of headline stories, like tears in the rain. no real effect. 

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3 minutes ago, jiltedjen said:

This budget we witness the death of the Conservative party on a short and medium term time-line.

they have to be more drastic than their own party would ever allow. too full of boomers bankers and new money neoliberals. 

lots of headline stories, like tears in the rain. no real effect. 

Yep, P off the donors or P off the electorate. Tory Hobson's choice.

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31 minutes ago, the_duke_of_hazzard said:

Thatcher always p1ssed off the grandees in favour of the electorate. I hope May has the balls to do the same.

Thatcher wasn't working for the bankers.  When she deregulated them she probably thought she was making a shrewd step....roll on 40 years...the bankers own 2 generations and can magic up money to buy any politician.

 

Where did remainer, wife of a financier, May use to work?

 

This childless lady is not for turning...her back on her paymasters.

 

What their game is,is up for debate. Imho...Magic beans are no good unless you can make them worth more than Heinz.

All IMHO.

 

 

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Get ready to update the 'Prop-Tastic' thread after Wednesday's budget.
The media is full of it today, the surfs are being primed.

House prices rising for years... *silence is deafening*.
Funny how these 'big policy initiatives' are required when it looks like prices might start falling.

 

 

Edited by DarkHorseWaits-NoMore
typo's
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Driverless cars by 2021, training courses for builders, interested to hear we have to import our bricks.. ffs 

and I quote Philip Hammond (Andrew marr show)

”if we throw money at housing we will drive the prices higher”

“we help people with schemes like help to buy”.. wtf, 

he just said if you throw money at it you inflate prices.. ? then said we helped by throwing money at it.. unless he is going to stop help to buy? Yay ? 

otherwise that statement is a massive contradiction! 

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7 minutes ago, macca13 said:

... interested to hear we have to import our bricks..

How much more will a brick cost when imported under WTO rules?
It will be a convenient excuse for builders as costs rise, especially when the pound starts to slide.
If IRs remain low, I guess new business could borrow to invest and take up the resulting brick supply gap... eventually.

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39 minutes ago, macca13 said:

.....

and I quote Philip Hammond (Andrew marr show)

”if we throw money at housing we will drive the prices higher”

“we help people with schemes like help to buy”.. wtf, 

.....

To borrow an immortal phrase from Douglas Adams, "and then went up in a puff of his own logic"! ☺️

Edited by Fence
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So the announcements today, don’t go far enough with building especially with the time-lag, and especially considering that the targets are never met anyway.

the conservatives have given leadership away for 30 years. 

too little too late, now to convince the misses to actually join labour also, not that labour will sort the situation out, but the conservatives have thrown our generation to the dogs. 

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5 minutes ago, jiltedjen said:

So the announcements today, don’t go far enough with building especially with the time-lag, and especially considering that the targets are never met anyway.

the conservatives have given leadership away for 30 years. 

too little too late, now to convince the misses to actually join labour also, not that labour will sort the situation out, but the conservatives have thrown our generation to the dogs. 

Need to gut both parties.

And unfunded public sector pensions. Ukgov and public sector have failed the grneration mesnt to be paying the pension, so remove it.

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Bricks are Heavy, was an album by 90's grungesters L7.  It's also the reason we won't be importing boatloads of the things.  The brick companies knew this, when demand evaporated in 2009.  So the workers lost their jobs, but the factories were merely locked up, not demolished, in most cases.

I pulled these, from a google search for "brickworks" and "mothballed"

http://www.bbc.co.uk/news/uk-england-lancashire-36722295
http://www.getsurrey.co.uk/news/local-news/forty-jobs-go-brickworks-set-4828514
http://www.hemeltoday.co.uk/news/the-reason-why-90-year-old-bovingdon-brickworks-was-forced-to-mothball-site-and-cut-staff-1-7633346
http://www.chroniclelive.co.uk/news/north-east-news/fire-mothballed-brick-manufacturing-site-5836622

 

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3 hours ago, RentingForever said:

Not to worry everyone, apparently "there are no unemployed people" according to Hammond. Everything is fine in the land of bountiful opportunity.

There will be an awful lot in the future thanks to the apprenticeship levy, it's already happening, replace proper (older) staff with a 4 day a week teenager just to claw back the ridiculous tax imposed, the preferential treatment of these kids is akin to discrimination IMO 

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On 11/18/2017 at 10:07 AM, jiltedjen said:

This budget we witness the death of the Conservative party on a short and medium term time-line.

they have to be more drastic than their own party would ever allow. too full of boomers bankers and new money neoliberals. 

lots of headline stories, like tears in the rain. no real effect. 

not necessarily,but it is the tories ball to lose now,and if they DON'T get a grip and do some really radical stuff,like a PROPER return to cadbury capitalism-as ted malloch puts it, then it will certainly be the death of them.

 

the polarisation of landed gentry v serfs on the conservative side, and workers revolutionary utopia on the labour side must be avoided at all costs.

the solution is,as I said, cadbury capitalism.

1)fair days pay for fair days work,including stuff like tax breaks for employee profit shares in companies-if you want to be really drastic then limit corporate boss share ownership options to the same percentage of salary as employees,to be issued similtaneously

2)PROPER housing policy of 3.5-4* basic INDIVIDUAL salary target, with absolutely no tax breaks for multiple home ownership...council tax on home OWNER,not occupier,with a multiplier for extra homes over primary residence

3)massive tuition fee scaling back,-multi tiered so STEM courses pay virtually nothing while BS degrees pay top whack.

4)flat tax,for income/NI with threshold set higher,as it takes less civil servants to administer- £15k tax free should be do-able virtually immediately.

5)drastically reduce scope of local council operation, they do too much very badly,and it costs a lot.

6)civil liverties....again down to big bolshy government...doing too much that is not their remit..cut it out.NOW...she does not have good form on this so far,and needs to change pretty damn quick

7)admission that globalism is not working for the little guy and MASSIVE investment in enterprise,infrastucture,hi tech and manufacturing, coupled with a lot less pointless diktat about how many bloody carrier bags you can buy or dogs you are allowed to walk on a public thoroughfare.

 

anything less and it's the workers revolution comrades...and UK will indeed look like venezuela.If may is smart she can get through this and make corbyn and co look like antagonists that should frankly be locked up for sedition,because public support for general strikes in health,transport,education and government will not be there....but the ball is very much in her court now.

if she screws up we lose.we all lose....likewise with brexit.she needs firm decisive action NOW to keep people sweet.

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