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House Price Crash Forum


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Everything posted by SleepyHead

  1. FFS! Have they seen how expensive car tax is these days? So much money going on paying these council idiots salaries, none left for the services they're supposed to provide.
  2. Exactly. +1 We mustn't look at the shiny new project thing, watch where the money goes to find out what's really going on.
  3. You're kidding, right? You do know. We all know. The best "project" for the well connected elite, is one which costs a fortune, and is then cancelled at the last minute. Huge consultancy fees etc, without the hassle of actually producing anything. 100% profit. This is what happens when printed money debases the money supply. Money is no object to those who get the money first. Hence awful, careless decisions which only enrich the well connected old boy network.
  4. This is what happens when they debase a currency. Germany already learnt this lesson, Britain is about to. The pound is no longer a functioning currency. It has and is being debased so much, it no longer retains value or the attributes that earn value. It's a 'who gets the printed money first, rules' type currency. Result, corruption and self serving contracts. Purely designed as excuses to pay outrageous salaries to a well connected few.
  5. We have another hero. Douglas Carswell.
  6. They've just opened the door to millions more cheap workers. Raising the minimum wage by 50p won't do anything now. Idiots
  7. The piece is about "anti-immigration" not anti-immigrant. This is about jobs and housing.
  8. "return to normal".... now where have we heard that before?
  9. Ok. Imagine a farm labourer job. At harvest time, a farm owner would need to employ someone for a couple of months. To get his fruit picked, the farm owner needs to entice a worker to come and do the job. He does this by offering money. Before mass immigration, the farm owner would have to employ a local person. That local person has his own 'costs' which need to be met to keep him alive. Housing, food, warmth for himself and his family. The wage demanded by the worker reflects his costs. The price of the fruit we buy will reflect the farm owners costs, including the salary of the local farm labourer. After mass immigration. The farm owner can now search for cheaper labour right across Europe, including from countries like Romania, where the higher value British pound and their lower living costs (cheaper housing etc) ensure that the Romanian worker can meet his living costs easier than the British local worker. i.e. The Romanian can work for less, while still meeting his living costs here, and his families living costs back in Romania. Particularly if the Romanian is paid part cash, part accommodation. (Very easy for farm owners to provide accommodation.) Therefore, the British worker is priced out of the job, and the farm owner no longer has to raise the wage sufficiently to entice a local worker. An additional effect of this, is that once the Romanian brings his family over and/or settles here permanently. He too is then facing British living costs, and will himself be undercut by cheap foreign labour. Hence the farm owner and ill informed politicians incessant demand for continual ongoing immigration. That's why they keep wanting to expand the EU. For the system to work they need ever cheaper workers, ongoing into infinity. Now you defend your position?
  10. Amazing that Conservatives see no problem with this statement. They don't seem to grasp that being "hardworking" doesn't necessarily mean you're productive. People who packaged up sub-prime loans were "hardworking".... but it bankrupted the west. Secondly, if they're hardworking, what is causing the house price to be so high that the deposit is unattainable. By definition, the house price should fall in such circumstances. I thought Conservatives understood market principles.... it appears they don't any more.
  11. ? so you think paying for two families, a British one and a Polish one is better for the UK economy? You'll have to explain that one.
  12. If he's earning less than 20K per year, then he's a net recipient, and not a contributor. The sums are even worse if you include the welfare for the British worker he displaced.
  13. Polish minister attacks David Cameron's (UKIP pressured) child benefit plan. Poland's foreign minister has criticised David Cameron's call for a change to European Union treaties to allow the withdrawal of child benefit from migrants working in the UK. Writing on Twitter, Radoslaw Sikorski asked: "If Britain gets our taxpayers, shouldn't it also pay their benefits?" He added that Polish taxpayers should not "subsidise" UK taxpayers' children. http://www.bbc.co.uk/news/uk-politics-25628791 Polish minister happy for Brits to continue to subsidise Polish kids though! VOTE UKIP!!
  14. Milliband, the man who supported this guy. Don't fall for it folks. LibLabCon are all as bad as each other.
  15. Farage said something about this the other day. 11 mins 11 seconds. "i look around . an we've now got a million 16 to 24 year olds unemployed... and a lot of them look listless, a lot of them look like they've almost given up on life."
  16. There was a £10.4bn injection of equity into UK homes, but the homeowners aren't spending it. The BBC portraying it as a disaster, and the BofE obviously had "injections of equity" as their whole economic plan. Idiots! "Homeowners are not yet relying on rising house prices to withdraw equity from their homes for other purchases, figures suggest. Not yet? The beeb really think MEWing was all fine and dandy. Even 2008 hasn't woken them up. http://www.bbc.co.uk/news/business-25547562
  17. Help2Buy, mortgage interest benefit, zero interest rates, quantitative easing, taxpayer bailouts, funding for lending, central banks buying up toxic assets....etc etc... No wonder the banks are so "profitable". .... and still our politicians haven't figured out, the banks are bankrupting Britain. Total Stockholm syndrome.
  18. Why is the taxpayer paying anyone's mortgage interest? Has the world gone totally nuts? The people running this country have not got a clue what damage they have done with all this.
  19. spot on. If they're going to be home owners / speculators / housing market riggers / NIMBY's, then why should they rest of us pay to protect their asset / gambling chip.
  20. Homeowner's yet again want state help when it suits them.
  21. Using printed money to fund a welfare state destroys the economy, which forces more people onto welfare. It's not the unemployed's fault.
  22. looks like a "Shed with bed" to me? not 'end of terrace'.... unless the back yard is now the 'end' .. "side of terrace"? Insane. Londoner's must be the dumbest people on the planet, to keep this bubble going.
  23. +1 In my opinion GDP has become a reverse indicator in the UK. The political elite have failed to spot the reality. We used GDP from way back when we produced stuff and sold it abroad. But that economy doesn't exist in the UK any more. If I go out and buy a TV today, chances are it was made in the Far East. Average punter, using credit to buy it, borrowed ultimately from the Far East too. Yet that sale goes into our GDP, even though it's worsened my position. GDP positive, but UK financial health worse. Robert Kennedy understood it years ago. "Too much and for too long, we seemed to have surrendered personal excellence and community values in the mere accumulation of material things. Our Gross National Product, now, is over $800 billion dollars a year, but that Gross National Product - if we judge the United States of America by that - that Gross National Product counts air pollution and cigarette advertising, and ambulances to clear our highways of carnage. It counts special locks for our doors and the jails for the people who break them. It counts the destruction of the redwood and the loss of our natural wonder in chaotic sprawl. It counts napalm and counts nuclear warheads and armored cars for the police to fight the riots in our cities... Yet the gross national product does not allow for the health of our children, the quality of their education or the joy of their play. It does not include the beauty of our poetry or the strength of our marriages, the intelligence of our public debate or the integrity of our public officials. It measures neither our wit nor our courage, neither our wisdom nor our learning, neither our compassion nor our devotion to our country, it measures everything in short, except that which makes life worthwhile." Robert F. Kennedy University of Kansas March 18, 1968
  24. It is independent...... so Cameron and Osborne just made sure they hired a Die Hard, money printing, zero interest rates forever, former Goldman Sachs, steal from the savers to keep the party going for the 1% type guy. They had to go abroad to find someone who doesn't care about the future of Britain this time.
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