giggler000

>>transforming generation rent into generation buy on the back of generations that can't ever pay. how these people get into positions of power is completely baffling and it has nothing to do with my vote

Some how those raspberry's will not taste the same now and it's not just because the old man doesn't wash his hands, ever. I doubt they could pick'em without squashing them + forget ladders and if they get on the ground they are unlikely to make it back up. I suppose it depends upon their definition of retired and willingness to do something for their queen and country!

and what would Brown say? sell the yellow - oh we've already done that

I bet all the new houses have oil burners, gotta do something with all that ISIS oil. That said, wait a few months and see what the price is when a bomb lands on them. No cash buyers then, eh?

NHS spends more than £11bn a year on treating illnesses caused by the effects of diet, inactivity, smoking and drinking alcohol. That last line is likely the real reason they are pushing this c***. Did you know you to can live until your 70 accept if you'd been to my nana's OAP home, just sniffed the air and seen what they drink through a straw then you'll know it ain't what it's cut out to be. Good luck all

Lock and load...

Likely just words since apparently people are loosing faith. http://www.zerohedge.com/news/2016-03-06/market-has-lost-faith-our-board-bank-international-settlements-laments

Don't say that to loud - someone might here you. You're ignoring all the green shoots

Worse thing about new builds, they often don't come with a garage. No one can say this is the case for this wonderful conversion and I'm sure its worth every penny to some hot money, asian buyer.

Henry Ford comes to mind, doubling wage because he wanted them to buy the cars they made. No point in computer lorry drivers if the economy doesn't need the lorry load of goods? The current drivers spend and consume.

It's on the moon. caveat emptor

The really sad part is no one in gov seems to actually want it to change. Wait til neg. rates and cashless, see the -20% rates move savers into their bloated housing market and watch hyperinflation and destruction of currency in front of you BEFORE anyone lifts a finger to solve this completely evil game. At least in the GDR, everyone had a house...

That has the smell of revolution. No wonder we need trident - keep working and pay for us or the oldies will nuke what's left...

You could just end it with Jipo

No - but are there more debtors than savers? They tend to side with the larger majority

Only thing I'll say in their defence - simply section 75, charge backs. Sorry if me debt card offer the same, I wouldn't use a CC

Wait til it goes neg - they'll all expect hand outs? eh? yer I mean someone did actually talk about free money and the helicopters will be flying

Dead before I'd claim it, great move but one that lacks reality since all those old sods ain't gonna be claiming state (sorry, pre-paid) pension it'll be sick benefit or disability living in whatever year that is they actually retire. Hell even food stamps will do. They exist and justify themselves on their social responsibilities - no gov with out it...

Until they don't. However similar situation for me -house unfortunately.

Please film it.

I thought it was over production. Producers had for years run on the back of boomers and as they look to leave the system and retire there consumption needs change, reducing. The problem then would seem to be more production has not reduced to meet actual needs of society and all to obvious there will be job loss's, closures and deflation.

Certainly possible. Also A young chap at work who was looking to buy for 5years prior bought saying they keep going up and never down. Then come 2008 just 6months'ish in his new home he was very upset at how his house was worth less after saving so long. I know for fact he'd sell up if he could to get his money back so with prices rising I see that chance happening. Question is who will be the fool 2nd time around and where will the money go from those who sort to recover.

Worked for the Israelites and Bibi is arguably as much of a nut job.

Way I see it, it's the same thing. High rampant inflation will lead to defaults on mortgage even with help to buy and other fluff to tempt the masses. Now a collapse in housing without high inflation - that would be interesting.