Executive Sadman
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Within 15-20 years white British school children will be a minority. Our school demographics (2016 figs out in 5 days actually) are about where the US was in the mid 90s. For the last two years non-hispanic whites in the K12 school system have been under 50%. Still im totally sure they wont vote purely in their own interests and award themselves preferential treatment...after all, its not like arab/mid east societies have a habit of doing this.
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The resident lefty loon (£700k house, £50k audi SUV) a couple of streets down from me sent her two young daughters out knocking doors yesterday evening, begging us to vote remain. She did this last election for miliband too. For all the far right propaganda nonsense, it seems only leftists actually rope their children into protests, etc. You rarely see the far right forcing their children to do this stuff.
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I think its a jab at the liberal democrats...
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The local rag in Cambridge ran an article demanding Cambridge FTBs get the same HTB debt allowances as London buyers, presumably as HTB has worked so well in making London housing affordable.
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The Uk Mega Bubble
Executive Sadman replied to TheCountOfNowhere's topic in House prices and the economy
IF BTL mortgages fall as quickly as the last month, surely a big crash is inevitable? Unless banks weaken standards for non LLs? BTL is such a big wedge of the market now. OTOH When do all the HTB deposit ISAs mature? Big glut of buyers waiting down the line in a year or two? -
Dt Nails Political Hpi Agenda
Executive Sadman replied to John The Pessimist's topic in House prices and the economy
Disagree with the idea that nothing much is wrong with planning permissions...more being granted etc. 9/10 planning applications are NOT for new dwellings. You still have to lodge an application for things like loft conversions (even if its guaranteed granted with PD) The fact is planning permission typically costs about £500 to the council, £500 or so to architects, and a grand is a big lump of cash to get no return on, so people typically only lodge permissions they know there is a very good chance they will get. People arent buying up land in the middle of nowhere and submitting applications as they might do in a freer system. Agree with the bit about big housebuilding though. Constantly amazes me how clowncils can keep a straight face when denying pretty inconsequential minor applications for extensions whilst approving massive developments of hundreds of homes in the same village. Take parking for example. Big builders love the regulations for this. If you are a self builder, you are almost always, outside of inner city areas at least, expected to provide multiple off road parking spaces, AND ample off-road turning space so the car can exit the plot front first. Meanwhile, the big house builders are typically 'forced' (by their own lobbying, I expect) to provide no more than one garage space and one parking space, allowing them to cram in more houses and make more profit. Turning space off road, forget it. -
Brexit Could End Bus Passes And Triple Lock
Executive Sadman replied to stuckin2up2down's topic in Politics
LOL. This is almost as good as the 'vote leave and the migrant camps will be in Dover, not Calais' Why they would stay in Dover once theyre over here Remain never explained. Similarly, why free bus passes would go when off peak most buses are near empty but still have to run anyway makes no economic sense. Is their some kind of competition in Remain for who can come up with the most absurd threat and not get laughed at?! Either way, its not making Cameron look very good...rather nasty actually. -
Then again, looking at this, going back further, they are still x3 times the price in Ireland as the early/mid 90s, which would suggest a house price of £150k in UK. I'm guessing houses were literally dirt cheap in Ireland before the celtic tiger stuff from late 90s on... To be fair, slummy places in the fens (agricultural region, lots of low wage jobs) were dirt cheap too. I guess perhaps they bear relationship to each other, Ireland being far more agricultural than England before the late 90s. But you used to be able to get a small bungalow in places like Wisbech or March for £20,25k in the mid 90s.
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Londoners Buying Most Southwest Homes
Executive Sadman replied to or in excess of's topic in House prices and the economy
White flight? Are their going to any natives left in London by the 2021 census?!