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House Price Crash Forum


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About Dorkins

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    Who's afraid of the 'be careful what you wish for' trolls?

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  1. Abolishing the Fixed Term Parliaments Act is not the same as moving back the date of the next general election. The FTPA is currently the only legislation defining the timing of general elections, so if it is abolished something will need to replace it. You seem convinced it will be trivial to push back the next general election with the new legislation to replace the FTPA but I suspect Parliament will take a lot of interest in drafting the new legislation, 80 seat majority or not. https://nortonview.wordpress.com/2016/10/08/repealing-the-fixed-term-parliaments-act/
  2. They can abolish the FTPA but it would be constitutionally pretty dodgy to extend a Parliament while it was still running, not sure that would get past the legislature. It's the kind of thing the dictator of a banana republic would do, get elected as President until date X and then pass legislation to extend his term without having another election. Johnson has a democratic mandate to govern until May 2024 and no longer as that was the end date of the current Parliament at the time the December 2019 general election was held.
  3. The next UK general election will be held by Thursday 2 May 2024 so it's more like 3 years 11 months. The Fixed Term Parliaments Act causes it to revert to May even if an early one is held in another month.
  4. The UK is definitely not on the Norway model. Norway is in the single market and outside the customs union which is why it can negotiate its own trade deals and set its own tariffs. It is also outside the EU common agricultural and fisheries policies. The UK is still inside all of these things.
  5. Somebody really needs to tell Norway, Iceland etc that it's impossible for them to be in the single market and sign their own trade deals with third countries then as they've been doing it for decades.
  6. The country shows essentially no respect for people under 45 (e.g. couldn't give a monkey's how expensive and low quality housing is for them) and yet this group generally voted Remain. Meanwhile politicians soil themselves every time an over 65 sneezes.
  7. Housing demand is fairly elastic. Every HMO is potentially multiple households if it becomes cheap enough for them to each get their own place, adult offspring move out sooner instead of staying with their parents etc. On the supply side, could see some of those severely compromised house to flat conversions that places like Haringey and Walthamstow are full of turned back into normal houses.
  8. The EU treaties which created the 4 freedoms thereby limit the power of the member state governments to control EU citizens' lives. Authoritarians are not interested in this kind of constitutional government, they want the executive to have the power to be able to do whatever it likes. Leaving the EU is therefore a transfer of power from individuals to the state, this is why authoritarians like it.
  9. The timeline of the prediction was 20 years, not 2.
  10. What's the name of this website again? I accept that the crushing of living standards due to high housing costs is mostly confined to the under 45s which is why the political system is doing nothing about it as they are a minority that the electoral system makes it easy to ignore.
  11. Yes, but that's just another fault line in the culture war split. The authoritarian-leaning Leavers are not particularly interested in what is true or not, the main thing they respect is power. If being better than your opponent at lying helps you to gain and hold power then for them that's just how the game is played and there is no shame in it.
  12. If this were true then the thing crushing living standards would be the cost of basic commodities like food and energy. In fact these things are very cheap and what is crushing Western living standards is the cost of housing, which is almost completely an artificial policy choice and has nothing to do with what is happening in Guangdong. I agree that Chinese wages will equilibrate with Western ones but they are not the first pool of labour to join the industrial economy, it has happened many times before as industrialisation spread across Europe, North America, Japan, the Asian tigers, Latin America etc without developed nation wage levels collapsing.
  13. It has nothing to do with "the limits of growth", we just have a diseased political economy in which capital is used to bid up land prices to make the rich even richer instead of investing it in productive projects which would increase total output and benefit everybody. The same thing has happened in undemocratic societies throughout history, instead of investing in increasing output the elite kept the masses at subsistence level via crushing rents and spent the extracted surplus on vanity projects while telling themselves they were doing a great job and were biologically superior to the plebs they misruled. The impressive thing is that this time the elite have managed to achieve this in countries with universal suffrage.
  14. £25,000 gross salary costs £1858 employee NI, it's not to be sniffed at. https://www.contractorcalculator.co.uk/paye_ni_net_salary_tax_calculator.aspx
  15. Pensioners should have to pay NI, it seems incredibly unfair that a 20something wageslave on £25k who rents a room in an HMO is paying more in tax than a comfortable pensioner on £25k with a paid off house.
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