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House Price Crash Forum


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Everything posted by bobed

  1. So who do we vote for to get these things (except shared equity)? Labour, Lib Dems, Tories, BNP?
  2. Once they've aged a bit they end up in Crawley, training the new intake of Bransonettes to suck his c*ck while he polishes his guns.
  3. Virgin is a personality cult. I've been to the Virgin Atlantic offices in Crawley and, I kid you not, there are huge photos of Branson in each of the offices. One of them has him sitting inside an aircraft engine, just in front of the turbines. The engine is off, unfortunately. It's all a bit f*cked up and it's also just a little bit gay.
  4. Well true. That said, I've taken to posting on their blogs and the Tory blogs as it will have (slightly) more effect than posting here.
  5. http://www.labourlist.org/house_prices_and...t_duncan_weldon
  6. Do you mean their housing policy? http://www.conservatives.com/~/media/Files...er.ashx?dl=true
  7. http://www.telegraph.co.uk/news/newstopics...econd-home.html Does this article sum up why the Conservatives didn't spot dangerous house price inflation and let Gordon Brown forget his 1997 to keep house prices under control? The Tories and Labour were both at this game. MPs need to feel the pain of high house prices just like everyone else. That way, they may be inclined to do something about it. The current Tory housing policy recognises the problems that house price dependency caused - but do they really mean to do anything about it?
  8. http://www.telegraph.co.uk/finance/persona...-to-deduct.html They've been able to avoid the costs of the housing bubble and profit by it...
  9. It was generally a good programme except for Blanchflower.
  10. http://www.conservatives.com/Information/Contact_Us.aspx Ask them what their position is.
  11. http://www.mortgagestrategy.co.uk/cgi-bin/item.cgi?id=185242
  12. Their view on BTL isn't clear though...
  13. That's what I thought when I read it. Makes sense for HPC'ers to make contact with the Tories about their housing policy. The mood of the Tories now is austerity and thrift not free money. If you read their green paper and constructively criticise it, you may make an impact.
  14. 3.1.3 Crowding out other investment The rising cost of housing has had a dramatic effect on the proportion of income saved in banks, pensions or other asset classes. The decline in saving has been stark – in 1997, the proportion of their incomes that people saved averaged at around 10 per cent, now it is less than two per cent.51 The resulting low savings ratios have reduced the supply of low-cost capital for British industry, so inhibiting the growth of the economy. Pensions have also suffered hugely. Despite the fact that employment was rising from 1997 – continuing a trend from 1992 – the proportion of people who were in work but failed to put any money into a pension scheme of any sort actually rose. The latest data show that in 1997, 40 per cent of workers did not pay into a pension. By 2007, this had risen to 46 per cent, equal to around a million extra non-savers.52 A further impact of Britain’s excessive mortgage-borrowing has been to make borrowers anxious. Millions of people live in fear of losing their job and toppling off the housing ladder; and this constant threat reduces their quality of life. It also makes them risk averse – with people unwilling to move to new jobs (thus impeding labour mobility) or to start up new businesses (thus reducing entrepreneurial activity) – with knock-on negative impacts on the economy.
  15. 3: The underlying problems 3.1 The over-reliance on housing of the UK economy All the elements of our present housing crisis can be linked directly or indirectly to the fact that our economy has become unbalanced and that our finances have been too dependent on ever-rising house-prices. In a well functioning economy, the housing market plays a less prominent role because housing can be obtained at a cost that is comfortably affordable for most people, leaving adequate room for other household expenditure and investment. Of course, property will always be a valuable investment for people, and it is to be expected that the home will often constitute the most significant part of someone’s personal wealth. In a balanced economy, however, housing is not so dominant an asset that it crowds out people’s ability either to put money aside in pensions and savings, or to invest in other asset classes, such as equities, which are essential for supporting business growth.
  16. I've written to them several times about housing. It's worth you writing to them to ask them what they will do with HomeBuy.
  17. http://www.conservatives.com/~/media/Files...er.ashx?dl=true Tory Housing Policy
  18. Unless you watched the Tory Spring Conference speeches you may have not noticed the following quote from his speech: http://www.politics.co.uk/interviews/opini...036;1291136.htm Bad news for bulls. Bulls had better vote Labour.
  19. I found it odd that Kirsty Wark was interviewing Kirstie Allsopp when they had close links through Kirsty's television company Odd that Kirsty made comments about the housing market and Kirstie's philosophy. Kirsty was helping Kirstie make the awful programmes that contributed to the property bubble. Not a good idea to have Kirsty interview Kirstie, don't you think, if you can follow any of that?
  20. Kirsty Wark and Kirstie Allsopp... linked: http://www.telegraph.co.uk/finance/2927438...r-IWC-sale.html
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