Jump to content
House Price Crash Forum
fellow

Have You Done It?

Recommended Posts

Have you commented on the Shapps Website http://www.shapps.com/2011/01/welcome-to-the-new-shapps-com/#comment-152

As per HPC thread http://www.housepricecrash.co.uk/forum/index.php?showtopic=158851&st=0

UK mortgage lending firms are set to appear before housing minister Grant Shapps to discuss why they are not approving loans to first time property buyers.

The government minister commented: "We want to do more to help aspiring first time buyers - the average age of the first-time buyer with no support from their family is now 37, and there are 1.4 million households who aspire to own a home but are simply unable to do so because of house prices and mortgage availability."

He noted that "creative solutions" will be required to ensure that young people are not locked out of the housing market, rather than top-down government diktats.

The summit with key industry figures is scheduled to take place on February 15th.

Meanwhile, research from the British Bankers' Association revealed that net UK mortgage offers fell last month to an 11-year low, with bank lending during 2010 44 per cent lower than it had been the previous year.

Edited by fellow

Share this post


Link to post
Share on other sites

On the other thread about this, and the 15th February meeting, someone said that they hope that journalists pick up on the comments being left on GS's website and use the material if they interview Grant, and/or report the story in their papers. I wonder if we should be e-mailing journalists and Editors of National newspapers to draw it to their attention to help this happen?

I would also reiterate the suggestion that as many of us as possible should be sending letters to be published in the 'Letters to the Editor' pages of the national press.

Share this post


Link to post
Share on other sites

I like the comment by "Aubrey Hamilton-Smythe":

Clearly the housing problems in this country began post World War II, with the provision of massive amounts of social housing for the undeserving at well below market rates. This ridiculous distortion in the free market for housing has led to 3 generations who think they have a God given right to own a home, regardless of their contribution to the economy as a whole. It is natural that the gradual reduction of this state intervention would lead to higher house prices. The people of this great country need to re-learn that ownership of property is a privilege, it is a reward for your economic contribution to society, not a right handed out to anyone who can lift a hammer or serve an over-sized mug of coffee.

I call for the removal of all state interventions in the land market as soon as possible.

To be fair, they do have a point. Up until 50-60 years ago it was extremely unusual for the masses to own their own home - you had the landowning classes and then the peasant tenants. We've become culturally accustomed to mass ownership in a relatively short period of time. Blaming social housing for this is ridiculous though

Share this post


Link to post
Share on other sites

Yes but it didn't make it through the Mods.

Shame really, as I thought it was one of my less polemical pieces; I didn't use the words c*** or to$er even once, OR directly mention his troughing VI status :D

All I did was to provide some after-the-fact edits for some numpty called Phil, who had posted that Shapps' site had been "infiltrated by a concerted campaign from HPC," along some other Sibley-esque bile and halftruths. Unfortunately his comment (18) remains unchallenged.

Maybe I shouldn't have posted under my HPC handle - I didn't think the Mods would have bothered Googling that and "Shapps," but if they did they might have thought I was already having too much of a pop at him in general, to be published there as well. :lol:

B

Share this post


Link to post
Share on other sites

On the other thread about this, and the 15th February meeting, someone said that they hope that journalists pick up on the comments being left on GS's website and use the material if they interview Grant, and/or report the story in their papers. I wonder if we should be e-mailing journalists and Editors of National newspapers to draw it to their attention to help this happen?

I would also reiterate the suggestion that as many of us as possible should be sending letters to be published in the 'Letters to the Editor' pages of the national press.

Great idea. We need more direct action like this.

Thankyou for this post. I hadn't commented on his site but have now. Fingers crossed that he actually reads them and takes notice.

Thanks for posting and welcome to HPC. Getting just one more comment has made this thread worthwhile.

Share this post


Link to post
Share on other sites

On the other thread about this, and the 15th February meeting, someone said that they hope that journalists pick up on the comments being left on GS's website and use the material if they interview Grant, and/or report the story in their papers. I wonder if we should be e-mailing journalists and Editors of National newspapers to draw it to their attention to help this happen?

I would also reiterate the suggestion that as many of us as possible should be sending letters to be published in the 'Letters to the Editor' pages of the national press.

Excellent idea. Reporters and interviewers are busy like the rest of us, and will always be happy for some pre-prepared phrases and ready-quotes and questions....

Share this post


Link to post
Share on other sites
Realistbear says:
February 3rd, 2011 at 9:19 am 1..Grant,
Please pay no attention to the views of the people on here who have dedicated their lives to engineering UK house prices though their internet campaign on major media and government sites.
They organise themselves through a website which sole purpose is to spread bad news in a pathetic attempt to panic the public and sway popular opinion.
They feed on the misery of broken families and repossessed homes; patting each other the back every time another hard working person is thrown out on to the street.
These individuals are driven by their own greed. They feel it is there right to demand that they jump the queue, not to have to work to own a home or wait for wage inflation to return as other have had to do in the past.
Some sold their homes and rented in an attempt to make a quick buck from the market as prices fell. They failed in this respect and misjudged the outcome. Again, greed fuels their desire to see the market on its knees.
Please, pay no attention. Their opinion does not reflect that of the majority of the UK public. They merely have more time on their hands that your average working person.

Looks like Sibley has used my name to write cobblers!

Share this post


Link to post
Share on other sites
Morgan says: Your comment is awaiting moderation.
February 6th, 2011 at 5:42 pm 40..The problem is simple: house prices out too far out of alignment with incomes and prudent lending amounts. The bubble was caused by imprudent ending by banks, lack of oversight by government regulators and speculative buying by BTL investors. Firt time buyers should not be pushed into shared ownership and other innovative schemes that are designed to do noting more than sustain an ecnomy wrecking bubble. Mr. Camerion and Mr. Clegg have both recognised that the market is, indeed, a bubble andall bubbles eventually burst. I would recommend following the US example and introduce regulation into the market to prevent imprudent loans (liar loans (stated income), interest only and dangerous levels of loan to value). Prudent controls will do musch to preven another housing bubble from forming bu the vested interests will not like it and the loan industry will fight you tooth and nail if you seek to reguloate the market. But for the sake of the country, this bubble must be allowed to burst and we must not allow another to form.

Another attempt--2 have been moderated off and this one might not last long either.

Share this post


Link to post
Share on other sites
Realistbear says:
February 3rd, 2011 at 9:19 am 1..Grant,
Please pay no attention to the views of the people on here who have dedicated their lives to engineering UK house prices though their internet campaign on major media and government sites.
They organise themselves through a website which sole purpose is to spread bad news in a pathetic attempt to panic the public and sway popular opinion.
They feed on the misery of broken families and repossessed homes; patting each other the back every time another hard working person is thrown out on to the street.
These individuals are driven by their own greed. They feel it is there right to demand that they jump the queue, not to have to work to own a home or wait for wage inflation to return as other have had to do in the past.
Some sold their homes and rented in an attempt to make a quick buck from the market as prices fell. They failed in this respect and misjudged the outcome. Again, greed fuels their desire to see the market on its knees.
Please, pay no attention. Their opinion does not reflect that of the majority of the UK public. They merely have more time on their hands that your average working person.

Looks like Sibley has used my name to write cobblers!

Bet that isn't moderated off either! laugh.gif

Share this post


Link to post
Share on other sites
Shirley Knott says: Your comment is awaiting moderation.
February 6th, 2011 at 8:21 pm 42..First time buyers do not want shared ownership or innovative ways to “help” them on the ladder. They want houses at prices they can afford and not at the ridiculous bubble level they are today. The government should not do anything to prop the market up and should certainly refrain from encouraging anyone, and especially first time buyers, to buy at current levels.

4th attempt. What is the agenda behind moderating every post off? Too anti-"helping" FTBs?

Share this post


Link to post
Share on other sites
Shirley Knott says: Your comment is awaiting moderation.
February 6th, 2011 at 8:21 pm 42..First time buyers do not want shared ownership or innovative ways to “help” them on the ladder. They want houses at prices they can afford and not at the ridiculous bubble level they are today. The government should not do anything to prop the market up and should certainly refrain from encouraging anyone, and especially first time buyers, to buy at current levels.

4th attempt. What is the agenda behind moderating every post off? Too anti-"helping" FTBs?

Mine took more than a day to get moderated. I doubt they have many people working on a Sunday so I expect to see a lot more comments appear tommorrow.

Share this post


Link to post
Share on other sites

Why would you take the time to vote "no" to this poll but not post a comment?

+1 . I despair sometimes, I really do..

Yet those same people will be back on here moaning when he ignores us :rolleyes:

Share this post


Link to post
Share on other sites

I took a crack at it ....

Sir,

The root cause of the most recent financial crisis was globally weak lending standards. The solution to the housing problem in this country is not to return to a regime of weak lending standards. The problem is high house prices and not a shortage of credit.

House prices should be allowed to settle at a level where people can afford to buy a home with a 25% deposit and a mortgage which is likely to be affordable at long run historical interest rates. It is not the state’s role to continue to try to keep the housing bubble inflated.

The adjustment period will require patience by some younger people and some pain for some older people, especially speculators. We have seen significant increases in affordability in markets like Ireland, Spain and the United States where policy has allowed prices to return to sustainable levels.

A sensible lending regime in the mortgage market would reduce upward pressure on house prices as well as decrease the risk that taxpayers will be asked to make additional contributions to socialise what should have been private losses for systemic reasons.

High house prices and business premises costs are a drain on the economy as financial resources are wasted on property rather than being more usefully deployed in productive sectors of the economy.

Share this post


Link to post
Share on other sites
Shirley Knott says: Your comment is awaiting moderation.
February 6th, 2011 at 8:21 pm 42..First time buyers do not want shared ownership or innovative ways to “help” them on the ladder. They want houses at prices they can afford and not at the ridiculous bubble level they are today. The government should not do anything to prop the market up and should certainly refrain from encouraging anyone, and especially first time buyers, to buy at current levels.

4th attempt. What is the agenda behind moderating every post off? Too anti-"helping" FTBs?

Your post has now appeared. Now up to 117 comments.

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.

  • 312 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.