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House Price Crash Forum

Eddie_George

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Everything posted by Eddie_George

  1. She's vile, just like her husband. https://www.mirror.co.uk/news/uk-news/cabinet-couple-ed-balls-and-yvette-394045
  2. Haha! That's just the first step. She wants free movement for everyone. The clue is in the title: "Global free movement would improve everyone’s lives"
  3. If you think the Tories are bad, imagine what Labour's policy of letting in millions of immigrants, all demanding a house and benefits would do to house prices, wages, the economy, and society itself.
  4. A stopped clock ... Will he be right in our lifetimes?
  5. A crazy thought, but I wonder if lockdown had anything to do with it?
  6. The whole economy is still addicted to cheap money even after more than ten years. No one could have foreseen this.
  7. We already have it. Child benefit Child tax credits Guardian's allowance Statutory maternity/paternity/adoption pay Marriage allowance Maternity grant Maternity allowance Widowed parent's allowance Jobseeker's allowance (JSA) Working tax credit Income-based jobseeker's allowance Income-based employment and support allowance Pension credit Housing benefit Council tax reduction Free school meals, milk or uniforms and healthcare Support for mortgage interest Budgeting loans and advances Funeral payment Local council support schemes Cold weather payments Attendance allowance Personal independence payment Carer's allowance Contribution-based employment support allowance Statutory sick pay State pension Bereavement allowance Bereavement Support Payment Winter fuel payments https://www.moneysavingexpert.com/family/benefits-check/
  8. I just think more people need to be aware of the facts. Surely no rational voter would want this to continue?
  9. Net immigration is circa 300,000 per year. That's a city the size of Newcastle every year. That's a city the size of Birmingham every four years. That's a conurbation the size of Greater Manchester every decade.
  10. You're deluded if you think Labour would do any different. Labour want no free markets, and any new social housing would go to illegal immigrants as a priority.
  11. How about stopping the import of 300,000 immigrants a year? Or removing 90%+ mortgages that cause prices to rise?
  12. Can you quote from the piece, as it's behind a paywall? Haldane has voiced similar concerns https://www.reuters.com/article/us-britain-boe-haldane/bank-of-englands-haldane-warns-inflation-tiger-is-prowling-idUSKBN2AQ1K2
  13. I thought Germany had been the main beneficiary of the Euro. The relatively weak Euro compared to the Mark had helped its exports immensely.
  14. I think that, for the housing market, parliamentary terms are far too short. If a government is voted in and wants to tackle high prices, a crash will have not fed through the system in 5 years for them to safely be re-elected. I'm not saying that terms should be increased, but the UK economy really needs to decouple from the housing market. In the US, 25 year fixed-term mortgages are the norm. Fannie May et al. aside, perhaps that's wise.
  15. I've been taking advantage of the HTB ISA, probably since its inception. Max £200 PCM you can put in. Interest rate was around 4% at the beginning, now it's 1%. I now have a grand total of £14,000 in there. House prices have probably risen that much in the past year, entirely down to the stamp duty holiday that I've also subsidised through my taxes.
  16. Already in motion. https://www.reuters.com/article/us-hongkong-britain-property/hong-kongers-snap-up-uk-homes-and-do-what-they-excel-at-being-landlords-idUSKBN2AP0JV?il=0
  17. HPC cancelled (again). https://www.theguardian.com/world/2020/may/29/three-million-hong-kong-residents-eligible-for-uk-citizenship
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