The Knimbies who say No Posted July 5, 2011 Share Posted July 5, 2011 (edited) +1 He needs to go. As utterly clueless as the last lot. And encouraging the young and naive to overpay for clearly overvalued assets, which they will be unable ti upgrade from when prices fall, and a life of debt misery. C***s. Strangely I suspect he will go in a reshuffle, but upwards not downwards. Apparently the opinion appears to be he is a 'rising star', FK why though. Edited July 5, 2011 by cheeznbreed Quote Link to comment Share on other sites More sharing options...
Wait & See Posted July 5, 2011 Share Posted July 5, 2011 Another dirty VI tosser. I won't be staying in the UK either. Everyone has lost the plot these days and it is so, so pathetic to watch. Why should anyone work for a country that can't provide housing at a price the majority can afford, earning £25 to £40k a year. I find it ludicrous. Quote Link to comment Share on other sites More sharing options...
Cinzano Bianco Posted July 5, 2011 Share Posted July 5, 2011 It's looking like I'm going to have no choice but to leave. Something has gone badly wrong in this country. Can someone who lived through GC1 reassure me that this is the type of crap TPTB were pushing just before the housing market fell off the precipice? Bear losing faith here. Yep. I have a new job starting with a French company in the UK (this is my exit strategy). I will be moving away from London, which means house prices are only mental (as opposed to bat shit insane), and consequently will be looking to blow my deposit on a house should the right thing come along (this is my stay in the UK but GTFO of London strategy). I too am losing faith rapidly, and very nearly bought a house recently, as I see my deposit eroding, and adding to it becoming harder, due to inflation. Quote Link to comment Share on other sites More sharing options...
eric pebble Posted July 5, 2011 Share Posted July 5, 2011 In the red corner - the shylock party, in the blue corner the shylock party. David Hollingworth, of the independent adviser London & Country, said the proposal was ‘absolutely full of risks’. 'Full of risks': Critics of the scheme suggest that friends have enough problems sharing flats and it will only get worse if they have a mortgage to worry about When brokers themselves are pointing out the obvious downfalls of this sort of arrangement you know how bad a scheme is. Jeezzzz I am SICK & TIRED of all this..... :angry: :angry: :angry: This Schapps guy has turned out to be a F*CKING MORON. :angry: :angry: :angry: Quote Link to comment Share on other sites More sharing options...
Cinzano Bianco Posted July 5, 2011 Share Posted July 5, 2011 my, these tories are innovative chaps indeed, its a shame they werent in charge in thre noughties to surely adopt measures to stop the banking mortgage debt expansion after setting the ball rolling in the 80s "You are all in it together". Quote Link to comment Share on other sites More sharing options...
tomandlu Posted July 5, 2011 Share Posted July 5, 2011 Although the signs have been there for some time, I think this latest pronouncement finally marks the day in which we can safely label the housing minister a complete tool. Not really. It's sort of fascinating to watch. They know that a HPC would trigger off all sorts of consequences, both known and unknown. I think they also know that at some point it's going to happen whether they like it or not. I think, interestingly, they know they're probably making it worse*, but they just can't stop and keep telling themselves "maybe something we don't expect will happen and save us if we can just keep it going a bit longer." Personally, if I was a government, I'd be looking to team up with other nations for a nice big all-together-now default. * or are they? They have one bunch already in debt - if they can drag in a new crowd to essentially share the load then they might think of that as enough of cushion to avoid too much of a hit. Quote Link to comment Share on other sites More sharing options...
zebbedee Posted July 5, 2011 Share Posted July 5, 2011 Can you smell the fear yet. Quote Link to comment Share on other sites More sharing options...
zebbedee Posted July 5, 2011 Share Posted July 5, 2011 Yep. I have a new job starting with a French company in the UK (this is my exit strategy). I will be moving away from London, which means house prices are only mental (as opposed to bat shit insane), and consequently will be looking to blow my deposit on a house should the right thing come along (this is my stay in the UK but GTFO of London strategy). I too am losing faith rapidly, and very nearly bought a house recently, as I see my deposit eroding, and adding to it becoming harder, due to inflation. You want to get your deposit out of cash if thats where it is. Particularly with bilge like this coming out of parliament. "There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved." Von Mises Quote Link to comment Share on other sites More sharing options...
pete.hpc Posted July 5, 2011 Share Posted July 5, 2011 "They" got to him Quote Link to comment Share on other sites More sharing options...
Casper562 Posted July 5, 2011 Share Posted July 5, 2011 I have heard it all now they dont know how to get out of this mess Quote Link to comment Share on other sites More sharing options...
thecrashingisles Posted July 5, 2011 Share Posted July 5, 2011 Can you smell the fear yet. I don't know what effect Schapps has on the enemy but he terrifies me. Quote Link to comment Share on other sites More sharing options...
Cinzano Bianco Posted July 5, 2011 Share Posted July 5, 2011 You want to get your deposit out of cash if thats where it is. Particularly with bilge like this coming out of parliament. Maybe. But without using a word that sound like "sold" or "gilver", where? I need somewhere for my family to live... Quote Link to comment Share on other sites More sharing options...
miko Posted July 5, 2011 Share Posted July 5, 2011 I honestly don't know whether to laugh or cry. This is our f#cking housing minister and this is the best solution he can find??! Anyone who has spent any time house sharing in their late teens and early twenties will know how much fun it is and how great a time they had. They will also know how happy they were the day they no longer had to do it because while living with your mates for a couple of years is great it WILL eventually do your head in... not to mention the complications and expense of buying each other out when a friend meets a partner and wants to move out - or worse: wants her to move in. Absolute nightmare. Or worse still one decides that he/she has had enough and just walks out on the whole thing refusing to pay their share of the debt on a property in NE . At this point those remaining realize what JOINTLY AND SEVERALLY means. One thing I have learnt in life is that when it comes to the crunch you can never force another person to do something that they do not want to do. Reading the Bankruptcy threads on MSE there have been more than a few on there who had to go bankrupt as a partner walked out on joint debts or went Bankrupt all the joint debt then fell on the remaining person who had no choice but to declare themeslves bankrupt. Quote Link to comment Share on other sites More sharing options...
R K Posted July 5, 2011 Share Posted July 5, 2011 Innovative Perhaps Grantley could call them 'Together' mortgages, pump them out via his Northern Rock conduit and securitise them. What could possibly go wrong? He's a VI - Tories are owned by the developers, landowners and banksters. Quote Link to comment Share on other sites More sharing options...
GordonBrownSpentMyFuture Posted July 5, 2011 Share Posted July 5, 2011 Jeezzzz I am SICK & TIRED of all this..... :angry: :angry: :angry: This Schapps guy has turned out to be a F*CKING MORON. :angry: :angry: :angry: On the contrary, he's doing an excellent job of doing what he was employed to do: talk b0llocks, look busy and achieve nothing. Quote Link to comment Share on other sites More sharing options...
Ash4781 Posted July 5, 2011 Share Posted July 5, 2011 The under writers can use facebook to check. Also rent a friend type schemes can be developed. Oh and pay only mates rates Quote Link to comment Share on other sites More sharing options...
Monkey Posted July 5, 2011 Share Posted July 5, 2011 the guy is a *****!!!!! Quote Link to comment Share on other sites More sharing options...
bmf Posted July 5, 2011 Share Posted July 5, 2011 On the contrary, he's doing an excellent job of doing what he was employed to do: talk b0llocks, look busy and achieve nothing. I saw him interviewed on channel 4's 10 o'clock show. Whilst that show has not go the best interviewing style, Mitchell interviewed him and was ok, but Shapps came across as deeply unimpressive. Quote Link to comment Share on other sites More sharing options...
alexw Posted July 5, 2011 Share Posted July 5, 2011 http://www.dailymail.co.uk/news/article-2011237/Grant-Shapps-Banks-offer-mates-mortgages.html Repeat after me, we must keep this ponzi scheme going at all costs. F*** o** you absolute c***. Last thing we need from bankster bootlicker w****** like you. Go f*** a banker up the **** since you seem to like shafting people so much. Quote Link to comment Share on other sites More sharing options...
W1zard Posted July 5, 2011 Share Posted July 5, 2011 Do you honestly believe that he thinks this is the solution to the whole issue ? I just cannot help thinking he knows its about price and affordability (or lack of) but cannot state this too much without sending the sheeple scrambling for the exits on mass., George Osborne and Vince Cable have both used the term housing bubble in recent months so you would like to think they are all on the same page. When prices were sky high in the States Warren Buffett would refuse to be drawn into considering houses as either expensive or cheap based on all the usual parameters and chose to advise people to just consider them places to live in. Since then, after many areas having experienced 70% declines he has made several references to there being not much more falls remaining in housing. I just cant see how he could be so stupid so through fear of panicking the masses he spouts pointless drivel such as this. Quote Link to comment Share on other sites More sharing options...
Jack's Creation Posted July 5, 2011 Share Posted July 5, 2011 In the red corner, a bunch of VI multi property owning shylocks In the Blue corner, a bunch of VI multi property owning shylocks In the yellow corner, a bunch of VI multi property owning shylocks Build your own Gallows Quote Link to comment Share on other sites More sharing options...
Lambie Posted July 5, 2011 Share Posted July 5, 2011 'Readers' comments are currently unavailable' Will they come back or is that it? What is normal? I've long given up on trying to work out what normal consists of Coming Soon: Alien Mates Mortgage - outsource your LIAR LOANS to a small green man on Alpha Sigma 3 Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted July 5, 2011 Share Posted July 5, 2011 George Osborne and Vince Cable have both used the term Labour's housing bubble in recent months so you would like to think they are all on the same page. Corrected for you. It's not our fault guv. Quote Link to comment Share on other sites More sharing options...
South Lorne Posted July 5, 2011 Share Posted July 5, 2011 http://www.dailymail.co.uk/news/article-2011237/Grant-Shapps-Banks-offer-mates-mortgages.html Repeat after me, we must keep this ponzi scheme going at all costs. ...road to disaster...many people are suffering now because they are out of a relationship but fastened in by a mortgage...more misery sought from these morons... Quote Link to comment Share on other sites More sharing options...
Lambie Posted July 5, 2011 Share Posted July 5, 2011 ...road to disaster...many people are suffering now because they are out of a relationship but fastened in by a mortgage...more misery sought from these morons... I continue to have (forlorn) hope that Schapps is following the 4 stage strategy to the hpc as outlined in Yes Prime Minister In stage one we say nothing is going to happen. Stage two, we say something may be about to happen, but we should do nothing about it. In stage three, we say that maybe we should do something about it, but there's nothing we *can* do. Stage four, we say maybe there was something we could have done, but it's too late now. Hopefully we're about to hit stage 4. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.