Pole Posted February 13, 2011 Share Posted February 13, 2011 Simply unwatchable... Are those people on drugs??? (click on the link and jump to the 35th minute of the show) BBC iPlayer Link Quote Link to comment Share on other sites More sharing options...
I-hate-scumlords Posted February 13, 2011 Share Posted February 13, 2011 (edited) That gave me a headache all those sums of 80 million here 100 million there that the taxpayer must throw at the problem, but its good to know banks arent lending. If the commie jock stupid cu nt politicans didnt put 1 jock pound note into things and just let the market find its level then first time buyers will come into the market. I look forward to the day when this country goes begging to the IMF and all the dumfux who have voted LIBLABCON's lose their jobs, home, standard of living etc etc .. for those who voted for a true right wing party such hardship will be a punishment they dont deserve. Edited February 13, 2011 by I-hate-scumlords Quote Link to comment Share on other sites More sharing options...
long time lurking Posted February 13, 2011 Share Posted February 13, 2011 Yep they are on drugs ,did like the EA bit he looked very worried at the prospect of FTB turning their backs on the market ,I think they see that sentiment is changing rapidly and know that is the end game and for what it`s worth Ive seen the same change happening over the last six months or so, last throw of the dice? Quote Link to comment Share on other sites More sharing options...
South Lorne Posted February 13, 2011 Share Posted February 13, 2011 So some people can't afford to take less for their houses -- they have to have enough to put in to their next house and the FTB has to pay over the odds to give it to them. Is this a concerted effort by the BBC to influence the FTB summit.? We got the same guff on the Northern Ireland politics show -- the banks must lend more --developers who bought land at the top of the bubble and bankrupted themselves must be bailed out by the banks. It is very depressing watching it -- they have learnt absolutely nothing. http://www.bbc.co.uk/programmes/b007tjx7 33 minutes in. ...they have learned nothing because they don't understand or will not acknowledge the real problem....it wasn't casino banking ...it was high risk mortgage lending with fraud on many a High Street ....and within the Investment Banks there was fraud in the design and the rating of the products CDOs etc ...this was not 'high risk' ...it was top rated triple "A"...therefore it was fraud ....the stumbling blocks now are the regulators who should be calling the fraudsters to account ...but are scared to do so in case the pit is bottomless..... Quote Link to comment Share on other sites More sharing options...
long time lurking Posted February 13, 2011 Share Posted February 13, 2011 So some people can't afford to take less for their houses -- they have to have enough to put in to their next house and the FTB has to pay over the odds to give it to them. Is this a concerted effort by the BBC to influence the FTB summit.? We got the same guff on the Northern Ireland politics show -- the banks must lend more --developers who bought land at the top of the bubble and bankrupted themselves must be bailed out by the banks. It is very depressing watching it -- they have learnt absolutely nothing. http://www.bbc.co.uk/programmes/b007tjx7 33 minutes in. It`s what the yanks call lobbying and don't it make you sick ,Ea`s RIK`s Readrow all vested interest`s try to cripple the have not`s for their own gain :angry: Quote Link to comment Share on other sites More sharing options...
Milton Posted February 13, 2011 Share Posted February 13, 2011 (edited) Is this a concerted effort by the BBC to influence the FTB summit.? 1.] Maybe it is because clause 13 (ii) of the Editors' Code of practice for journalists, does not require that their members list property as an investment, as it does shares and securities? [And unlike the Ministers, BBC executives do not have announce how many second homes they own. Although they are both taxpayer funded] 2.] Maybe its because the BBC started investigating Lair Loans, and mortgage fraud, and made programmes about this as far back as 2002/2003. [Then suddenly buried the investigative programmes, at the behest of their masters, The Labour Government who were also coining it in, on property, under a secret expenses system] 3.] Maybe its because the BBC have over 382 middle management executives, all paid SIX FIGURE salaries, and the majority of these overpaid executives have acrued BTL empires over the last ten years? 4.] All of The Above.............. 5.] Maybe its because the entire taxpayer funded system is as bent as one of the Kray Twins? * The BBC revealed its 50 top-earning managers,claimed more than £350,000 in expenses between 2004 and 2009. ** The BBC announced it was slashing its £79million pay bill for the top 634 senior managers by 25 per cent but will not directly cut the salaries of executives, despite heavy criticism from politicians and the wider industry about its lavish remuneration culture. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- The BBC claims that they are not biased, and are in fact impartial. If that is true, why do these executives, not announce their interests? Openly and Honestly? Why does'nt the Editors code of Practice for Journalists, include Property as an investment? The UK taxpayers who do not own property, Are paying to recapitalise Banks like Lloyds via the bailouts. And it was blatant fraud, [unpunished and unacounted for,] which drove rising house prices. [These criminal acts have in fact been rewarded, in the forms of bonuses for example] Without this recapitalisation, property prices would have plummeted back to their median long term historic average affordability. So the only choice FTBers are being given, is to accept massive debt which is not ours. This is theft. So why is this never discussed by the BBC? The BBC may believe that they represent the interests of the majority of the [Homeowning population of the ] UK. Supporting this 'Malum In Se' is Morally Repugnant behaviour on the part of the BBC. Edited February 13, 2011 by Dan1 Quote Link to comment Share on other sites More sharing options...
joe_ Posted February 13, 2011 Share Posted February 13, 2011 That was so depressing I have to look at the lighter side: "We are doing 26 times what we promised". Felt a bit sorry for lucy. Why did she need a note on her fridge to remind her to feed "Yumi"? Quote Link to comment Share on other sites More sharing options...
Pole Posted February 13, 2011 Author Share Posted February 13, 2011 That was so depressing I have to look at the lighter side: "We are doing 26 times what we promised". Felt a bit sorry for lucy. Why did she need a note on her fridge to remind her to feed "Yumi"? that's exactly what I noticed, too! She must have missed it in the past! Quote Link to comment Share on other sites More sharing options...
johnny5thumbs Posted February 13, 2011 Share Posted February 13, 2011 Simply unwatchable... Are those people on drugs??? (click on the link and jump to the 35th minute of the show) BBC iPlayer Link Look on the plus side, though. It comes ready fitted including cutlery and artwork on the walls. Personally, I have great difficulty choosing artwork, and if Redrow can take that little chore off my hands, well then ... it's gotta be a bonus. And as for the mishmash of Viners cutlery and carboot odds and ends of knives and forks I've been using for donkeys' years, I'll be heartily relieved to be shot of the lot. It's a tragedy that some people are put in the position where they have to scrimp and save for their own choice of finishing touches rather than let Redrow take the load off their shoulders. Quote Link to comment Share on other sites More sharing options...
Dorkins Posted February 13, 2011 Share Posted February 13, 2011 (edited) So the Scottish government is putting an average £53,000 into FTB houses under their shared equity scheme... Lucky for the sellers, getting 53 grand off the taxpayer so they don't have to cut the price to what their buyers can actually afford. These people are economic retards. Edited February 13, 2011 by Dorkins Quote Link to comment Share on other sites More sharing options...
South Lorne Posted February 14, 2011 Share Posted February 14, 2011 So the Scottish government is putting an average £53,000 into FTB houses under their shared equity scheme... Lucky for the sellers, getting 53 grand off the taxpayer so they don't have to cut the price to what their buyers can actually afford. These people are economic retards. ...sounds like fantasy valuations are assisting..... Quote Link to comment Share on other sites More sharing options...
eric pebble Posted February 14, 2011 Share Posted February 14, 2011 ...they have learned nothing because they don't understand or will not acknowledge the real problem....it wasn't casino banking ...it was high risk mortgage lending with fraud on many a High Street ....and within the Investment Banks there was fraud in the design and the rating of the products CDOs etc ...this was not 'high risk' ...it was top rated triple "A"...therefore it was fraud ....the stumbling blocks now are the regulators who should be calling the fraudsters to account ...but are scared to do so in case the pit is bottomless..... Yup == I've been pointing this all out for YEARS!! LIAR LOANS/Mortgage Fraud - Invented and orchestrated by the "investment" banks - and carried out at ground level by bent "mortgage brokers" ---- Well............ Here we are - the country is WRECKED by Moron Brown and his cohorts - and we are teetering on the edge of an abyss..... And they're trying to carry on as per usual It is INCREDIBLE how so many people cannot see that the fraudulent & artificial pumping up of house "prices" - particularly over the last 10-12 years - has RUINED this country - [and the USA, Spain, amongst others, too]. It is simply AMAZING how people cannot see this!! Quote Link to comment Share on other sites More sharing options...
South Lorne Posted February 14, 2011 Share Posted February 14, 2011 Yup == I've been pointing this all out for YEARS!! LIAR LOANS/Mortgage Fraud - Invented and orchestrated by the "investment" banks - and carried out at ground level by bent "mortgage brokers" ---- Well............ Here we are - the country is WRECKED by Moron Brown and his cohorts - and we are teetering on the edge of an abyss..... And they're trying to carry on as per usual It is INCREDIBLE how so many people cannot see that the fraudulent & artificial pumping up of house "prices" - particularly over the last 10-12 years - has RUINED this country - [and the USA, Spain, amongst others, too]. It is simply AMAZING how people cannot see this!! ...greed clouds judgment to the extent fraud is accepted due to fear of facing the known.... Quote Link to comment Share on other sites More sharing options...
SickofRenting Posted February 14, 2011 Share Posted February 14, 2011 Just watched the iPlayer... Why on earth does shared equity even exist? it's the sh*ttiest deal on the planet. 25% or 70% ownership ffs.... Does that not ring alarm bells for ministers (or anyone) that property prices are far too high for FTB's that you have to go into shared ownership? P*sses me off it does. Plus you'd have to earn at least £20k to be eligible for shared ownership, f*ck off! RE deposits; what if you can't rely on the bank of mum and dad to get a deposit. If there is damage to the shared ownership property, roof needs replacing, subsidence etc etc.. do you only pay the percentage of repairs that you paid for the property? I dread to think you'd have to pay the full wack for the repairs... Quote Link to comment Share on other sites More sharing options...
ccc Posted February 14, 2011 Share Posted February 14, 2011 Shameful. The selfishness of many people is just quite disgusting. We can all be selfish creatures - however the sheer depth of selfishness of some of these ***** is quite repugnant. I am just glad that this whole thing is coming down - whether they like it or not. Quote Link to comment Share on other sites More sharing options...
ccc Posted February 14, 2011 Share Posted February 14, 2011 My word - they did actually mention house prices at 48 minutes Ah - now I see. We want 'stability' in the housing market. This comes from a Labour stooge unsurprisingly. Where was he saying this from 2000-2008 ? This truly is one of ther biggest scams known to man in history. And still after almost 4 years - many can't even see it. Quote Link to comment Share on other sites More sharing options...
winkie Posted February 14, 2011 Share Posted February 14, 2011 ....we include art work and even cutlery to help them afford to buy their own home. Quote Link to comment Share on other sites More sharing options...
lulu Posted February 14, 2011 Share Posted February 14, 2011 Simply unwatchable... Are those people on drugs??? (click on the link and jump to the 35th minute of the show) BBC iPlayer Link I had the misfortune to see this live at the weekend whilst flicking around on the channels. Seriously my TV is in serious danger during these types of reports, and my neighbours must wonder why periodically I start swearing loudly at it. Not once does anyone possibly suggest that prices were simply out of kilter with any form of affordability and if they fell then FTBers may be able to return to the market, it is almost like we are in some unreal world where they are scared to even mention the obvious. This is nothing to do with lending, if one was able to buy a property for 3xish salary with a 10-15% deposit then I am sure the banks would be falling over themselves for the business. Quote Link to comment Share on other sites More sharing options...
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