Jump to content
House Price Crash Forum
Lepista

Why Is T Blair Buying More Houses For Cash

Recommended Posts

It's the wife driving this. And they are of one of the generations who 'know' that property always goes up and is the best investment.

You have to go pretty far down the rabbit hole to see that it isn't.

Share this post


Link to post
Share on other sites

They lost out on their Isliington house when he became PM - they sold it and it shot up in price.

To be blunt, if I had a few million I would be buying a property in London and one somewhere else such as San Fran/Malibu/Manhatten.

Share this post


Link to post
Share on other sites

They lost out on their Isliington house when he became PM - they sold it and it shot up in price.

To be blunt, if I had a few million I would be buying a property in London and one somewhere else such as San Fran/Malibu/Manhatten.

maybe he has heard of Equity IQ....

Share this post


Link to post
Share on other sites

http://www.telegraph.co.uk/news/newstopics/politics/tony-blair/7968858/Blair-home-number-nine-1m-house-for-student-daughter.html

Still no engineers in the family. A job he so highly recommended just before leaving office - for other people :lol::lol:

The former prime minister and his wife have paid £975,000 in cash for a maisonette in west London for their 22-year-old daughter Kathryn, bringing the family property portfolio to nine homes.

Labour party principles in action. :rolleyes:

Share this post


Link to post
Share on other sites

Labour party principles in action. :rolleyes:

I can't recall the queen of capitalism (Thatcher) buying 9 homes, i find it amazing that the socialists still think blair was a good leader when he was easily the greediest I can remember!

Edited by Pauly_Boy

Share this post


Link to post
Share on other sites

I'm wondering this, does he know something we don't? Thinking about buying a flat to rent out but can't get over the hurdle of the high prices/low yields.

As per any other income producing asset right now, perhaps he knows something about the share market that we dont.

Labour party principles in action. :rolleyes:

?? more like Tory party principles

I can't recall the queen of capitalism (Thatcher) buying 9 homes, i find it amazing that the socialists still think blair was a good leader when he was easily the greediest I can remember!

Blair was little more than a Tory party stooge as far as socialists are concerned, a caretaker Tory government you might say. Many Labour party members resigned over the last Labour reign on account of their pandering to the rich and powerful, ie the bankers, the property VI's, the mass importation of labour in order to keep wages down at the bottom and the vast offshoring of both low and middle level jobs. These are all right wing ideals all put together pre Regan and Thatcher as a conservative manifest of which we are now seeing the failing end game.

Share this post


Link to post
Share on other sites

I can't recall the queen of capitalism (Thatcher) buying 9 homes, i find it amazing that the socialists still think blair was a good leader when he was easily the greediest I can remember!

......we'll never know the whole scenario....did his expenses not have an accident with a shredder.....?.... :rolleyes:

Share this post


Link to post
Share on other sites

It's the wife driving this. And they are of one of the generations who 'know' that property always goes up and is the best investment.

You have to go pretty far down the rabbit hole to see that it isn't.

I damn well hope so.

Share this post


Link to post
Share on other sites

Blair was little more than a Tory party stooge as far as socialists are concerned, a caretaker Tory government you might say. Many Labour party members resigned over the last Labour reign on account of their pandering to the rich and powerful, ie the bankers, the property VI's,

...many of the bankers are now part of the public sector and they are only middle men....many property VIs are in trouble and could no longer be considered rich and powerful....you missed the upper classes in your attack ...was this an oversight or were they no longer considered rich and powerful in the "Labour land of spend plenty with no money in the bank".....?.... :rolleyes:

Share this post


Link to post
Share on other sites

It's the wife driving this. And they are of one of the generations who 'know' that property always goes up and is the best investment.

...as was mentioned the Islington sale was mistimed....for the Bristol flats she had that exotic Australian "adviser".... :rolleyes:

Share this post


Link to post
Share on other sites

?? more like Tory party principles....

Blair was little more than a Tory party stooge as far as socialists are concerned, a caretaker Tory government you might say. Many Labour party members resigned over the last Labour reign on account of their pandering to the rich and powerful, ie the bankers, the property VI's, the mass importation of labour in order to keep wages down at the bottom and the vast offshoring of both low and middle level jobs. These are all right wing ideals all put together pre Regan and Thatcher as a conservative manifest of which we are now seeing the failing end game.

Snip / Edit

Thatcher was little more than a Labour party stooge as far as conservatives are concerned, a caretaker Socialist government you might say. Many conservative party members resigned over the last Conservative reign on account of their pandering to the dumb and feckless, ie the prolls, the property bailouts, the mass importation of labour in order to keep wages down at the bottom and the vast offshoring of manufacuring jobs. These are all left wing ideals all put together pre Cameron as a sociialist manifest of which we are now seeing the failing end game.

Meh...

Share this post


Link to post
Share on other sites

Blair was little more than a Tory party stooge as far as socialists are concerned, a caretaker Tory government you might say.

I suppose "hard left" Diane Abbott - "I sent my son to private school because I didn't want him mixing with the black lower classes" - is a Tory caretaker too.

One rule for them, another for the rest of us.

A source close to the Blairs said: “Cherie, as usual, has been the driving force behind this. She wants all the children to have a firm platform to be successful in their chosen careers, and that includes not having to worry about being able to afford a home.

<_<

Edited by Britney's Piers

Share this post


Link to post
Share on other sites

...as was mentioned the Islington sale was mistimed....for the Bristol flats she had that exotic Australian "adviser".... :rolleyes:

And a friendly tenant that builds aircraft carriers...

Share this post


Link to post
Share on other sites

That's in real terms though :(. In nominal terms it's a wild gamble.

Perhaps I was being a bit cryptic. What I meant was I hope it was stupidity or custom, and not inside knowledge of hyperinfaltion to come.

Share this post


Link to post
Share on other sites

http://www.telegraph.co.uk/news/newstopics/politics/tony-blair/7968858/Blair-home-number-nine-1m-house-for-student-daughter.html

Still no engineers in the family. A job he so highly recommended just before leaving office - for other people :lol::lol:

The lucky girl seems to have been inflicted with Cherie looks, and it would seem she is going down the same career path!

Why is it i live in fear that in the non to distant future this spawn of the devil or one her siblings will be elected into public office.

God fcuken help us if it happens!

Share this post


Link to post
Share on other sites

In other news, Steven green, Chairman of HSBC, becomes Trade Minister.

Is he an MP?

why would people vote for a banker?

Share this post


Link to post
Share on other sites

Snip / Edit

Thatcher was little more than a Labour party stooge as far as conservatives are concerned, a caretaker Socialist government you might say. Many conservative party members resigned over the last Conservative reign on account of their pandering to the dumb and feckless, ie the prolls, the property bailouts, the mass importation of labour in order to keep wages down at the bottom and the vast offshoring of manufacuring jobs. These are all left wing ideals all put together pre Cameron as a sociialist manifest of which we are now seeing the failing end game.

Meh...

Yes, that breaking of the Miners' Union is what gave it away.

Share this post


Link to post
Share on other sites

I think it's fair to say that most people, with millions in the bank, would - in the current global situation/economy - invest it in property.

What's wrong is that people are allowed to buy multiple properties in a country where the supply of property is controlled by the state (planning laws) and the price of property is such that a significant minority of people will never be able to afford one.

Over the last 50 years the proportion of people buying/owning property has been roughly 70%. If you take the earning capacity of people today, what percentage of young people will ever be able to afford a property? I'd say the proportion over the next 20 to 30 years will go down to 30%.

We are watching a structural shift in our society.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 152 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.