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tinker started following Were fooked if it turns cold, Housebuilders must halt leasehold sale of new houses, says minister, Music streaming revenues and 1 other
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To be fair at the time of purchase you don't have much choice if the place you want to live in is sold that way. Happened to me with a new build, small fixed ground rent... but very annoying now having this attached to the property. Good that MPs are looking at it. Should not be a feature of selling a house.
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Commuting is not much fun, maybe in time remote working will get more traction. That leisure society we were once promised isn't going to happen. Quality of life is down the pecking order. Over coming years your NW Manchester commute is not going to get any better, the new Greater Manchester Authority about to hammer commuter routes in their pursuit of growth. Egos at work.
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Posted on the other, unmerged thread: Caught the programme... Making the problem about lack of supply, hoarding and drip feed by builders. First 'expert' (London School of Economics) bemoaning high prices, all about supply... no mention of course of role of banks and government policy! I don't think there has been a single programme addressing the real issue of why houses are unaffordable. House prices trebled in a few years under Labour. That was neither normal nor clever economically.
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The Referendum vote really was a once in a lifetime chance to escape the yoke of the EU political construct; get back to a trading relationship with our neighbours, whilst having a fully accountable legislature and independence as a nation. Similar with Trump in the USA, it feels like a last chance for change. Soon, the numbers and demographics will make the situation unredeemable (peacefully anyway). That our politicians can't be trusted is self-evident. They simply weren't prepared for the result, and now we see an implacable move to water down Brexit. Leaving without leaving - for
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I mean in terms of strong leadership. Yes, I agree selling off council housing was a very bad idea, and is at the root of our problems. Major let a crash happen; yet Brown and New Labour did much worse than Thatcher in not reversing her actions, being deceitful about regulation and real inflation, and pumping up the mother of all bubbles... until Osborne. It has always been unsustainable, however there are moments when a new direction can be set.
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FT is and has been full-on anti-Brexit, of course they are bigging up their man. He simply needs to go. It is equivalent to 2010 when Osborne had the chance to distance the Conservatives from the Labour housing bubble and allow the correction. He goes now and it is a sign that things have changed and priorities are different; that May has balls - like Thatch!
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Thanks
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greater manchester to build loads of houses
tinker replied to SarahBell's topic in House prices and the economy
This will affect where I live, some contentious green field and green belt going. No real improvement to infrastructure. Local brownfield allocations will now sit there. Land speculation pays off... houses not selling... along comes the government with some taxpayer cash. Northern Powerhouse is marketing BS. Political vanity. Still, deals are done. Money talks. -
Crashing pound, do they raise interest rates
tinker replied to Crumbless's topic in House prices and the economy
Amazing how many are cheering Carney as some sort of all-knowing expert on Twitter, glorying in the 'connection' to Brexit. It is nonsense of course, the pound could be protected with an interest rate nudge upwards, even a few positive words. Devaluation is deliberate, and inflation the goal. Carney has done very little to merit his huge salary. Currently pimping green investment in developing countries - all that free money the 1%ers are getting has to earn a fast buck somewhere. He needs to go.