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Habitationi Bulla

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Everything posted by Habitationi Bulla

  1. I've just been watching that, that show must have hypnotic powers as i watched it for a full 10 minutes without realising. Was that he first property or was she well on the way to 23? Meek looking IT girl, who has turned builder, now i can't help but think her building work will be utter #####. Saw that very nice ex council house in Cornwall get destroyed by that man by putting a tiny slave box next to it that will remarkably go for £150K, which is a mere 7 times average salary in this area. Wasn;t too long ago people would turn their nose up at a council house, now being perched on the side of one is living the dream.
  2. So charging even more tax when selling will help get the market moving ... genius. They need higher rates of council tax for upper band houses, so its all those who are sitting on unearned gains that pay not just those who decide to move.
  3. That clarification did not see share prices go back up, hence it wasn't believed. Demographics are going against them now, if prices don't fall then they'll lose to a coalition of the left next time out. Besides even boomers can see something isn't right here and want their kids, grandkids to have the opportunity to buy a house.
  4. Had to stop reading there, i don't think house prices falling is trashing the economy, i believe its saving the economy. Shows your mindset that you think unaffordable housing is a economically viable and a vote winner in the mid to long term. I believe if prices don't fall the Tory party will lose the next election and the one after that when Labour do what needs to be done and the 2 priced out generations can afford to buy or rent at a reasonable price.
  5. I believe that has already been done for Corbyn. But maybe Corbyn will wreck the economy of those who've made vast sums in the last 2 decades for doing sweet FA i.e the 10%ers..so it will be perceived that he ruined the economy if he were to get in power.
  6. In October last year, Tony Gallagher threw his friend David Cameron a 50th birthday party at Sarsden House, his 17th-century mansion near Chipping Norton, Oxfordshire. He served a dinner of roast beef and lamb, cooked on his Aga, to a private gathering of 23 people. http://www.telegraph.co.uk/business/2017/08/05/modern-day-barons-inside-murky-underbelly-land-promotion/ Can't quite believe such an article is in the DT .. what a surprise that Daves mate making vast sums from Daves property bubble and unwillingness to sort out planning laws that benefit the crony capitalists.
  7. https://twitter.com/VanessaLafaye/with_replies She's a lefty leveraged landlord who supports remaining in the EU despite being a Yank. Self awareness doesn't seem to be her strong point
  8. Where the govt pay the interest on peoples mortgages via Housing benefit is to be a loan. https://www.gov.uk/support-for-mortgage-interest/overview
  9. I think its more a case they need a get out clause should the FED continue to raise rates.
  10. http://www.rightmove.co.uk/property-to-rent/find.html?searchType=RENT&locationIdentifier=REGION^7256&insId=2&radius=0.0&minPrice=&maxPrice=&minBedrooms=1&maxBedrooms=1&displayPropertyType=&maxDaysSinceAdded=&sortByPriceDescending=&_includeLetAgreed=on&primaryDisplayPropertyType=&secondaryDisplayPropertyType=&oldDisplayPropertyType=&oldPrimaryDisplayPropertyType=&letType=&letFurnishType=&houseFlatShare=false Looks like they rent for about £900 in this area so a 4% yield before expenses, voids etc..
  11. A landowner with one large plot in Dorset offered the council to let myself and people like me to buy plots off him in 2013 and do a form of self build scheme. Council instantly rejected it, despite it being next land where a large builder had just been given permission to build 50/60 houses. Anyway i contacted him recently hoping to see if we could push the council to build under the "right to build" scheme, he told me a large developer had taken an option on it and were about to get permission to build another 50/60 houses on his land. The same council are now hiring someone presumably paying 40k a year to get "right to build" scheme off the ground and to source plots!. I offered to work for minimum wage and get things moving on such schemes as quick as humanely possible, they never got back to me.
  12. Home ownership at 30 year lows and the most unaffordable housing in my lifetime in southern England suggests otherwise. http://www.telegraph.co.uk/business/2017/03/02/homeownership-england-30-year-low/ HTB/FFL/TFS boosted house/land prices, recent white housing white paper was a crony capitalists wet dream where pension funds were given free reign to build to rent where they like for the plebs to rent off them. More so now than ever there is just a handful of companies that with a "right to build" http://www.cityam.com/269744/opinion-sme-housebuilders-decline-weve-had-help-buy-isnt ... rules of the game are too complex and expensive for the average person to get planning permission except in garden sites which are generally very expensive. Id have bought a 90m2 3 bed detached house in early 2014 and would have needed about a 30k mortgage if prices had stayed static, but the few months prior prices went up 20k in the region i was looking entirely because of HTB & FFL both of which needed the govt & BoE to agree on hence they were complicit in boosting prices with taxpayers money coming up to an election. After that i was a rabbit in the headlights not knowing what to do, hence being in the dreadful situation i am in now.... For the same house now i'd need 100-120k mortgage and i've vast savings which should be enough to buy such a house outright. So as you can see i'd be a turkey voting for Xmas to vote Tory. But i've no great faith in the Labour party either, i'd be voting for Labour as i've seen all the Tory party will do but tinker round the edges to bring any normality to the housing market S24/SDLT has up until now done sweet FA. Maybe Corbyn would take a sledgehammer to landlords, maybe he'd bring in S24 for all taxpayers, maybe a LVT, maybe deregulate planning so land becomes cheap.. But maybe he'd boost prices with HTB 50% and a government bank dishing out dirt cheap mortgages. Who knows they're all lying rats imho but he's the only alternative at the moment and i've not a lot to lose.
  13. She got a hell of a return for her £50,000. But no one in their right mind would have invested all their savings in bitcoin at the start, and bitcoin could ultimately be the greatest pyramid scheme of our time.
  14. Your own link shows that overwhelmingly and en masse the under 50 block voted Labour, whether older people vote more is a complete irrelevance to the comment of mine you're trying to prove is inaccurate. I didn't vote, next time i'll vote for Labour if for nothing else to do my bit to get rid of this vile land/property rigging party.
  15. Your link confirms the under 50s overwhelmingly voted Labour, you could say en masse.
  16. I think they've done that much damage in 7 years people are wanting change, fox hunting or no fox hunting.
  17. We'll see what their cunning plan is by Xmas, maybe they're toast no matter what happens, young who are just about king makers won't vote for them with a HPC and old won't vote with prices falling. Teach them for the last 4 years of insanity.
  18. Did you miss hat happened in the last election, the under 50s voted en-masse for Labour as they've had 7 years of Tory policies aimed at boosting house prices. This policy does anything but boost their electoral chances, quite the opposite, and without a HPC they are toast. These people know exactly hat these policies do, they have the best brains in the country telling them as much, its just a case of if May and the gang has the balls to do something about it.
  19. Somethings seemingly happening as when the govt made their statement the shre prices of big builders didnt rebound. Can see it being altered.
  20. It will mean prices fall so people dont have to take on the extra 20% of debt to gift to developers as a nice Brucey bonus, your comment is as idiotic as Help to Buy itself..
  21. To be fair the pound was ridiculously high then, i was in Cambodia getting 2.1USD, good days but theyd never have lasted no matter what.
  22. Exactly that theyve got their Surrey middle class core voters to look out for, the lack the wit, conviction or basic decency to allow the free markets to work. And for being a Keynesian Blairite prty they will lose the next election.
  23. But to do this itd take a little backbone and May has absolutely none of that, seem Hammond who was Gidiots sidekick when this policy was announced has more control than her. I remember when Blair came into power, he literally changed as much as he possibly could as quickly as he could and managed to create a feel good factor. Cameron and May have been so utterly stunned at getting a job way beyond their ability they've ended up doing sweet FA and have shown zero courage to make their zero conviction.
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