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There is no housing shortage in Britain - The Telegraph
danlee74 replied to gp_'s topic in House prices and the economy
The greedy and selfish rich playing real life monopoly under-utilising using the existing resource, enabled by a political class that allows them to do so by favouring a tax policy that benefits them. Maybe we need to list some high profile housing resource under-utilisers, just in the UK? I'll start ... Rishi "4 house" Sunak ... Tony "10 houses and 27 flats" Blair ... maybe there should be a website where house under-utilisers are listed with the number of houses that are under-utilising, and then people would actually get what our political classes are allowing to happen to us in plain sight. Houses should be for living in, not to show off wealth at the expense of the ordinary Jo/Joe on the street. EDIT: Apparently Sunak has 4 UK houses, not 9. -
There is no housing shortage in Britain - The Telegraph
danlee74 replied to gp_'s topic in House prices and the economy
Strikingly similar to some research I did a while ago: Is there a link to the Telegraph that I can read for free since they seem to have stolen my research 😅?! -
There is no housing shortage in Britain - The Telegraph
danlee74 replied to gp_'s topic in House prices and the economy
Yup. -
Nationwide: +0.3% MOM/+10.7% YoY
danlee74 replied to henry the king's topic in House prices and the economy
Wait ... July 2021 was -0.5, so any fall less than -0.5 in the July 2022 figure will show an increase in the yoy next month from the current 10.7? F. me the past year has been crazy. Total mind control, FOMO, YOLO call it what you want, but total mind control. -
The (failing) economics of BTL
danlee74 replied to Horseradish's topic in House prices and the economy
Someone needs to insert the picture of the world's tiniest violin. Sadly, still "making" £100 per month which isn't bad for doing sweet fa. -
Uk bonds worst month since 1995
danlee74 replied to Borg1234's topic in House prices and the economy
Well yes, once matters are taken out of their hands then they will have to act more aggressively but until then 0.25% all the way if savers are lucky. -
Uk bonds worst month since 1995
danlee74 replied to Borg1234's topic in House prices and the economy
As above, no chance. Token piddly 0.25% rises in the next few meetings if savers are lucky, with any excuse not to raise at all gratefully received and accepted. GBP can go to hell, only poor people suffer with inflation. HPI is all the UK has, it is the only game in town. -
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They also had a great opportunity to "reset" the housing market when elected in 2010 as the coalition and blame it all on 13 years of Blair & Brown, and again in 2015 as the majority party. Both times f^&ked it and took the easy option of inflate housing prices by whatever means possible. Free market Tories? Don't make me laugh. Can kicking. Til the can can be kicked no more. Tick tock, just don't be in the seat when it goes "boom". It is all ok, until it isn't.
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Prof. Meldrum and the housing market
danlee74 replied to NoHPCinTheUK's topic in House prices and the economy
Did my weekly simple no filter Bournemouth search last night ... pre-covid usually 230ish, lucky to be 130ish post covid, been ticking up during the year through 150, 160, last week 179, this week 183. As stated, still quite short of "usual" 230 but certainly recovering from covid lows. -
Gordon Brown... 12 years ago today
danlee74 replied to Warlord's topic in House prices and the economy
Didn't he and Osborne both make the same "plays", ie highlighting the damage that high house prices were doing to society and promising to rectify and rebalance the UK economy, and then when in a position to actually do something about it almost immediately pivoted away from action to control house prices and kick the can further down the road with prop prop prop? Who was the last politician to actually make this country better for the average Jo/e and not for the 1%'er? Trickle down? Male cow excrement. -
A HPC will happen - it is a perfect storm
danlee74 replied to henry the king's topic in House prices and the economy
Oh no, 2.25 people per house built. How will they ever survive? By the way, that is strikingly similar and actually lower than recent "norms": https://www.housepricecrash.co.uk/forum/index.php?/topic/239963-boris-explains-housing/&do=findComment&comment=1103751411