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@contradevian

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Posts posted by @contradevian

  1.  

    Bit depressing, at least on the face of it, but possibly worth debating.

    One of the accepted wisdoms on here is that house prices and incomes are bound to incomes so will return to the long term ratio.  In the same vein, is it possible that the brief period in the UK during 2nd half of the 20th century where house prices made sense, apart from some short booms, there was social mobility, and there was no imminent health emergency, was an aberration.

    Is it possible that human life is inherently a struggle with crises operating as a sort of malign, endless relay race? That it doesn't 'make sense'.

    Its sad, but history suggests that even if house prices correct, wealth redistributes across the generations and the pandemic is resolved, a new set of financial and well being problems will arise to replace them.

    Perhaps thinking differently and replacing the current epidemic of entitlement, and belief that things will somehow get better, with the  expectation that we will continually have, and collectively overcome, major difficulties, will make for a happier society..?

    Yes I think you are right...unless you have land of course

  2. 1 hour ago, regprentice said:

     

    I don't see self driving cars working fully autonomously in the near or mid term. I was driving down the M6 in torrential rain, the road markings were invisible, contraflows everywhere, old road markings left on the road, or reflecting the rain and looking like real road markings, indicating as manny as 3 sets of markings in one lane. If self driving cars can drive into the back of a grey lorry and kill the driver because the lorry is the same colour as the sky, then i cannot see how these cars can navigate the UKs roads, which are in appalling condition. If we cant roll out high speed broadband to parts of the UK in more than a decade, how are we going to dig up the roads to install sensors etc for self driving cars.

     

    The computers would drop the speed right down on all vehicles so that risk of death was unlikely. Lets face it the only risk there is idiots still trying to do 90 in appalling conditions. Also the computers will have radar or some form of sonic sensing for vehicles in front. You only have sight.

  3. http://www.katebelgrave.com/2017/10/we-housed-a-homeless-family-back-in-the-flat-theyd-just-been-evicted-from-landlord-decided-hed-get-more-from-a-nightly-let/

    On voracious landlords getting as much money as they can for nightly lets:

     

    Quote

     

    “Nightly lets – you’re talking mostly about the crappiest accommodation in London, or outside of London.”

    I’ll tell you a story about that [nightly lets]. There was actually a family that had been evicted from their house. They were [in] private rented. The landlord’s served a notice – “Oh, I want the property back.” The family were evicted about 9’o’clock that morning. They came into [the] council.

    The officers said, “we’ll give you temporary accommodation.”

    The accommodation that was given to them was the very house that they were evicted from that morning. That’s a true story.

    Basically, the landlord’s realised that he can get more money for this property as a nightly let. [He’s decided] “I’m going to evict these people.”

    He’s obviously gone to the council and said, “here’s a property that’s going to be available on this day. You can have it as a nightly let.”

    “They’ve [the council] have gone, “Yeah, great.” Nobody’s quite put two and two together – you know, that this family over here has been evicted and over here is a property we can put them in… and it’s the same address…

    They went to that flat. Imagine how pissed off they were. They’d been packing all their stuff up for three weeks and put it in storage.

    They’re like, “where are we going?” [The council is like] – it [your new temporary accommodation] is very close to where you were living before, strangely enough, and you’re going back there, with the same landlord who evicted you. Now you’re going there. You’re paying more rent, by the way.”

    You got to laugh, but it’s tragic.

     

     

    Quote

     

    [It’s because] – if a landlord’s going to rent something as an assured shorthold tenancy, they can only realistically expect to get something around the local housing allowance rate that’s going to be affordable.

    If they doing it as a nightly let, they know that the council will possibly have to top that up on top of the housing benefit rate. They know the council can get a bit extra as a nightly let. Also, they [the landlord] are not really signed up to any contract if they’re letting it on a night by night basis. It’s a bit like having a hotel room. If they don’t like the person that’s in there, they can say, “well, ****** off. Don’t want this person. Send somebody else.”

     

    I can see where this is going. The relatively short term and insecure "assured shorthold tenancy" is going to be considered highly secure in the not too distant future and a distant ambition of tenure!

  4. 16 minutes ago, Fence said:

    Oh boo, looks like only the cheap stuff left.  Bought Quick Step instead.  Made by those nice Belgiums.  Glad to get in now as waiting to be told won't be available after Brexit and I'll have to use straw! ?. Definitely a time to shop around though, but cash on delivery only!

    I was in Wickes a few weeks ago looking for new flooring for my Council flat. Place was completely deserted for a Sunday morning.

  5. 1 minute ago, spyguy said:

    Well .... the boomers have only just reached 65.

    Its the next 10 years when the fun starts.

    well I'm 61.

    Retirement age is now 66. So not entirely immune, as I reckon it will increase further before I eventually reach retirement age.

    Had to point out to an old biddy the other day that when she was my age she'd been fully retired for a year on full pension. Still not happy though

  6. I know. I spent ages googling over the weekend trying to find where my grandad lived in Leeds in the 60's. We went over every weekend in my dads Wolseley 1500. Indeed my grandad worked at Briggs quarries. That still sticks out like a sore thumb, though quarrying stopped a while ago.

    But whilst I was looking, Leeds has some really fantastic suburbs. I suppose my grandads place above would originally have been City Council housing. The shared communal space and gardens is tremendous. In some respects you can see why NIMBY'ism is so popular as modern developments can't hold a candle to above.

  7. 33 minutes ago, Majorpain said:

    Advert on the radio this morning, Wickes are doing 15% off (till 31st) for flooring and tiling on top of their current offers.  You can pick some of the stuff they want shot of at a 65% discount.

    http://www.wickes.co.uk/Products/Flooring/Laminate-Flooring/c/1000887

    Post Christmas and next rent quarter should be interesting. I might start taking bets!

  8. 13 hours ago, zugzwang said:

    Great stuff. MH and Steve Keen. For my money the two greatest living (anti) economists.

    I'd also give  a shout out to the anonymous authors of 'The End of Banking', who explain with admirable succinctness how the shadow banking system transforms outside money into inside money, and why we don't actually need banks in a networked world.

    all the problems of
    unearned income
    economic rent 
    rentier capitalism

    covered there

    sadly idea's that don't carry much weight on HPC these days as everything is the fault of immigrants it seems

  9. 4 minutes ago, Calcutta said:

    Headline flashed across my bows yesterday accusing the guy who started Momentum of being a multimillionaire property developer. No time ATM to dig any deeper, but if true it certainly doesn't help convince me Mr Corbyn is the working people's Messiah.

    Lansman? He has been around since Wedgewood Benn days (who was Lord Stansgate). hereditary wealth

  10. 27 minutes ago, zugzwang said:

    That's it in a nutshell. The minute council houses get flipped into the private sector they're ramped to the sky on waves of cheap credit putting them out of reach of the demographic that used to occupy them. Meanwhile the cost of land is so high and council budgets so tight that their replacements never get any further than the drawing board.

    I don't have a problem with Right To Buy myself provided the stock is replaced. I don't quite see how Right To Buy is supposed to work if you turn all social housing into temporary housing for distressed folk. Quite clearly very few of my neighbours are distressed at all. But where I live the difference between social and private rents for flats and studio''s is virtually non existent.

    Have to declare an interest. I have full Right To Buy entitlement/discount on this property. There just isn't a huge reason to buy at this moment.  House prices locally are static/falling plus I'd still have to pay "rent" to the Council as a leaseholder and potentially be on the hook for massive repair bills. That said I'm sure the Tories will be along with a massive stick anytime soon.

  11. 7 minutes ago, Blod said:

    Even if the address is a registered business address?

    No. And even so they can't push you out the way.

    However bailiffs collecting for HMRC can enter your home and have a lot more powers. So make sure debts to them are settled!

    Which is why on those Channel Five shows you only see tenants being evicted, or hapless small time business men getting raided.

    County Court bailiffs are basically civil servants. HCEO's  are basically self employed. But they only get paid if they collect which is why you tend to see them on "Can't Pay..." I doubt the local County Court would allow a film crew to follow around it staff (but who knows in this day and age, the Police do!)

    The whole aspect of turning debt and personal/business distress into evening entertainment for the masses is something that disgusts me about the UK. Can't wait to get out of this toilet. Its not civilised country.

  12. Quite easy to solve really. Land rents. About 20-30% of the economy. Trousered by landowners and a lot of which ends up "offshored" in the Cayman Islands etc.

    We are effectively double taxed in this country, firstly by the land rentiers who monopolise the land rents, then by the State.

    The biggest taxes are imposed by so called capitalism and they are "land rent" and "usery." The State is a bargain in comparison to those theives!

    Implement LVT and "share the rents."  I just don't buy into "there is no money for this and that" when tax havens are awash with stolen loot and a shit ex Council 3 bed in St Albans is "worth" £925K!

    More than enough money exists for a basic income and health care. We are standing on it.

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