Si1

boomer dad bemoans the fact that nobody is there to buy his BTLs at their price he estimates at 125k ish, saying the younger generations simply cannot afford them; has not occurred to him they might not be worth that at all Alvin Hall says that a reduction in social subsidy for tennants means things are worse for the youth if they get less subsidy; has not occurred to them that reduction in subsidy will in turn bring down yields and then prices of houses, also that the same youth only have to pay back that subsidy in taxes so are no better off as a result there is still this sense that the market price is disconnected from affordability, Alvin should surely know better

financial advisor saying there are innovative products to help you borrow more money this kid's boomer dad went quite heavily into BTL in 2006 LMAO!

sounds good so far 'is it future generations that will be left with the bill' 'where is the money coming from - the answer is, it is young people'

it was because the incoming govt in 2010 could not afford for the public sector strikes to start early in 2010 as civil service redundancies were announced, so a deal was struck workers' solidarity and all that

the money that has been supporting London has been international money, on the basis that London property was a safe haven during the economic storm I am interested to see if this sentiment takes a knock; the opinions of middle class london dwellers are a side show

mate - the student riots were like a gay couple arguing over interior design compared to the ones we've just seen

with a kilo of gold cunningly concealed in the form of a bicycle helmet

it doesn't; demographics make gilts look more attractive

I think that now we've had the riots, the social cost of national debt laid bare, now that we have not had the recovereh, now that we know banks simply cannot spare the cash to prop up house prices and why should they, now that we know neither can the govt; and we know it is morally necessary to spend our efforts on the future not on propping up baby boomers' assets, now that we know people are dying in the street because of our nations moral decay, now that we know house prices are not important in comparison, now that the cobwebs have been cleared and the cupboard is unarguably bare ...now everyone knows... house prices are f*cked

thanks for the response; this is wrong, plain morally wrong

Are you sure Tarquin will be able to do this? link?

yeah, sounds fair

will it be possible tpo pay the fees upfront? I thought it would not be, you HAD to take the loan, but I may be wrong...

what a terrible idea, making the rich poay more than the poor crackers nonsense evil terrible my granddad fought in the war you know! etc

I thought they had to continue to pay for a considerably longer time than this, hence overpaying by a lot

no I'd have thought it is more likely as they'll more probably go for better paying jobs to pay the debts off...

possibly, yes venture capitalists invest other peoples' money invested in their venture capital firms, mostly, so not true

try eating money

true there is more to getting an education than simply earnings potential or financial benefit to society; even more reason for other people not to have to pay the costs fro you any more tghan they should buy you concert tickets

fair enough, i should have used the term 'money'

so you are saying that you already had the economic means, but f*ck anybody who doesn't nice

but you're not addressing my point - the money is still there, not missing, just different people hold onto it, it is not prevented from being invested and Microsoft and Google were funded by venture capital, AFAIK, again signalling that the debt held by graduates should not affect entrepreneurialism

there isn't that much money in gold and if it goes pop there'll be even less

have you ever left family and friends to promote your economic self interest, taken a risk on a new part of the country?

quite possibly in which case demand for university should drop and in which case unibversity lecturers will need to take lower salaries to reflect the fact they don't add so much value this logic can only work if markets are applied