exiges Report post Posted February 15, 2011 (edited) For those who were unable to hear it live, a few of us HPCers rang in to the Radio 4 show You and Yours which today discussed house prices and Grant Shapps chat with builders and lenders on getting the housing market moving again. http://www.bbc.co.uk/programmes/b00yj885#synopsis Bear food for all Edited February 15, 2011 by exiges Quote Share this post Link to post Share on other sites
Parkwell Report post Posted February 15, 2011 8 mins in and this is very bearish. Lots of clear concise and sensible comments. Hope this shows a growing trend in opinion. Quote Share this post Link to post Share on other sites
SleepyHead Report post Posted February 15, 2011 (edited) First ten minutes and this is excellent! What is going on? FTBer's actually on air. Common sense being allowed... on the BBC. This is huge! Edited February 15, 2011 by worst time buyer Quote Share this post Link to post Share on other sites
SleepyHead Report post Posted February 15, 2011 30 mins in now. Not so good. Revenge of the VI's, and people claiming its a "supply problem" Quote Share this post Link to post Share on other sites
long time lurking Report post Posted February 15, 2011 Shappsy is spouting the same contradictory nonsense whilst trying to sit on the fence ,but good to see the the truth being aired on the bbc [at least it was in the first ten minute`s] Quote Share this post Link to post Share on other sites
long time lurking Report post Posted February 15, 2011 30 mins in now. Not so good. Revenge of the VI's, and people claiming its a "supply problem" To be fair the EA of all people did have a point about the amount of supply the BTL brigade have removed from the FTBer`s market Quote Share this post Link to post Share on other sites
Live Peasant Report post Posted February 15, 2011 Unfortunately, when the guy from Shelter spoke he really didn't seem to get it, caught up as he was in the public sector mantra of 'affordable housing' as being for the social sector. 22 year old kid, weekend only job, 90k mortgage. Arggghhhh! I'm about to test the aerodynamic qualities of my pc. Quote Share this post Link to post Share on other sites
SleepyHead Report post Posted February 15, 2011 Most hilarious moment of the program? 52 mins 52 seconds. First thing said directly after program finishes... In a BIG LOUD BOOMING VOICE! "As inflation hits 4% the World at One will ask whether the Bank Of England needs to raise interest rates, that's in a couple of minutes, after the weather" Quote Share this post Link to post Share on other sites
OnlyMe Report post Posted February 15, 2011 To be fair the EA of all people did have a point about the amount of supply the BTL brigade have removed from the FTBer`s market His commission will be badly affected - when there is no market they are screwed (unless they pack a load of rental work). Same with the stock market - volumes falling rapidly as the market is rigged to ever higher levels which fewer and fewer people want to participate in. Quote Share this post Link to post Share on other sites
long time lurking Report post Posted February 15, 2011 (edited) Unfortunately, when the guy from Shelter spoke he really didn't seem to get it, caught up as he was in the public sector mantra of 'affordable housing' as being for the social sector. 22 year old kid, weekend only job, 90k mortgage. Arggghhhh! I'm about to test the aerodynamic qualities of my pc. His mother wont mind paying it when interest rates go up Bit of a classic though get`s 20k to pay of student debit and ends up with 90k of debt ,I bet his mother told him he cannot go wrong with property, But the only problem now is the price of it in Newport is dropping like a stone Edited February 15, 2011 by long time lurking Quote Share this post Link to post Share on other sites
eric pebble Report post Posted February 15, 2011 Nah!!! Just hand out loadsa LIAR LOANS! Simples. Quote Share this post Link to post Share on other sites
The Masked Tulip Report post Posted February 15, 2011 Yes, first 10 minutes and not from 8 minutes in. Very good. Quote Share this post Link to post Share on other sites
Si1 Report post Posted February 15, 2011 To be fair the EA of all people did have a point about the amount of supply the BTL brigade have removed from the FTBer`s market no zero sum game Quote Share this post Link to post Share on other sites
guitarman001 Report post Posted February 15, 2011 Jesus is this on for an HOUR!? Thanks, though - was looking for this. Quote Share this post Link to post Share on other sites
sbn Report post Posted February 15, 2011 Yes, first 10 minutes and not from 8 minutes in. Very good. As I like to say "Egggscellent" Quote Share this post Link to post Share on other sites
guitarman001 Report post Posted February 15, 2011 PricedOut guy at the start is AWESOME, very good points. Quote Share this post Link to post Share on other sites
guitarman001 Report post Posted February 15, 2011 (edited) Haha guy at 9mins was good - he was from here, right? Must have been....... made a great point about pushing debt onto kids and how renting now is better than buying. Edited February 15, 2011 by guitarman001 Quote Share this post Link to post Share on other sites
gf3 Report post Posted February 15, 2011 no zero sum game Disagree the love affair between the renter and the BTL landlord has made the plight of the FTB much more difficult. If youngsters stayed at home with their parents and saved for a deposit on a house instead of taking the easy root and renting. There would be no BTL empires and houses would be a lot cheaper. Quote Share this post Link to post Share on other sites
guitarman001 Report post Posted February 15, 2011 Argh, this woman at 13mins in... I HATE the way she says 'property' - I hate that word full stop! Quote Share this post Link to post Share on other sites
mrpleasant Report post Posted February 15, 2011 Listened to this in the car at lunch time and congratulations to anyone on this forum who got on air. It was superb. Some very, very switched on young people ringing in and making classic HPC views heard with great clarity. We don't need schemes, we don't need initiatives, we don't need meddling; we just need to step back and let the market do its thing. 'Affordable housing' will miraculously follow, to say nothing of the evaporation of one of the greatest social injustices of our time. This programme went some way to redressing the balance after yesterday morning's pitiful attempt by the BBC to apply emotional blackmail to the interest rate argument by having a 'poor person' on the sofa to explain how hard life would be for her if interest rates went up. I wonder how many pensioners they invited on the show, but who couldn't afford the bus fare. Quote Share this post Link to post Share on other sites
Oliver Sutton Report post Posted February 15, 2011 PricedOut guy at the start is AWESOME, very good points. Yes, v good. "Grant Shapps is proposing more loose lending to cure a problem caused by loose lending" Great line. Quote Share this post Link to post Share on other sites
Tired of Waiting Report post Posted February 15, 2011 30 mins in now. Not so good. Revenge of the VI's, and people claiming its a "supply problem" In some regions of the country there is a serious housing shortage, like here in the south / south east. Particularly for the younger generation, as the housing "turnover" is decreasing, as older people are living longer - which is great, as long they would allow the younger generation to build their own homes. Alas, most older people are also NIMBYs... Prices went up due to too much finance boosting demand, and over-restrictive planning policies blocking supply - both. Plus a few other factors, like tax issues, smaller households, etc. Quote Share this post Link to post Share on other sites
guitarman001 Report post Posted February 15, 2011 18 mins in, another comment about youngsters not being able to afford in future. Very forward-looking. Than going on about loose lending being one of the causes - great stuff. Seems there are way more bears than bulls! Quote Share this post Link to post Share on other sites
guitarman001 Report post Posted February 15, 2011 LOL!!!!!!!! Guy on right after says just let prices come down! Let the market fall! He asked 'what good are rising prices anyway'? Follow long silence... Sorry - you all know this already but I'm excited... Quote Share this post Link to post Share on other sites
blobloblob Report post Posted February 15, 2011 It was great listening to this at lunchtime while eating a sandwich in my car. However, I did spit some semi-chewed roast beef over my steering wheel when I heard the phrase LIAR LOANS Quote Share this post Link to post Share on other sites
