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No Wonder They Do Nothing About House Prices


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There's a link over at GuidoFawkes

A Look Inside Huhne’s New £1.3 Million Property

by Neo-Guido

With the Huhne/Sunday Times emails going to the CPS this morning, the only portfolio that the Secretary of State for Climate Change will have soon is his property one. Guido was just typing up the £1.3m deal that Huhne has just closed on a building in Clerkenwell, when it popped up on the Standard website. They haven't run the Currently offices, the Grade II listed building takes Huhne's empire up to eight properties and he paid above the asking price. There will be plenty of time for decorating soon...

We wonder here why this inflated house price lark goes on to the detriment of the many for the benefit of the few.

Two questions: where is the money coming from? And does it not appear a little hypocritical for someone so concerned about our planet to be making excessive use of its resources?

Rinse and repeat throughout the political class and no wonder things got out of control.

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We wonder here why this inflated house price lark goes on to the detriment of the many for the benefit of the few.

If you owned 8 properties and were a minister, what would you do?

If you'd try and create HPI, can you blame him for doing so?

And if YOU wouldn't, why do you assume HE does?

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Is it possible to find a LIBLABCON Minister who is not a millionaire, and does not own multiple properties?

I like to think of them all under the collective colloquialism, 'The Enemy'

And I bet all of them pay less Tax [as a percentage] than the average taxpayer.

Or receive it back as a stipend, via 'other avenues'

Self Serving Crooks.

Edited by Milton
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The UK is a Monopoly board, new entrants will find it impossible to play in a mature game thats been going for 10 years+. You just end up landing on a hotel in Parklane.

0000924783c5_A400.jpg

The only thing fair about the board game, is, at least everyone starts at £1500.

Edited by MrTReturns
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The UK is a Monopoly board, new entrants will find it impossible to play in a mature game thats been going for 10 years+. You just end up landing on a hotel in Parklane.

The only thing fair about the board game, is, at least everyone starts at £1500.

10+ years? More like since 1066, except then one player (William I) started with all the assets.

In any event, the board game was made to illustrate how, even with a level playing field, skill + luck + time + a capitalist system puts us right back where we are today, with haves and bankrupts.

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Is it possible to find a LIBLABCON Minister who is not a millionaire, and does not own multiple properties?

I like to think of them all under the collective colloquialism, 'The Enemy'

And I bet all of them pay less Tax [as a percentage] than the average taxpayer.

Or receive it back as a stipend, via 'other avenues'

Self Serving Crooks.

Same old same old unfortunately...

I see in the US Mitt Romney pays average of 15% tax on his income, Gingrich 31% and Obama 26%. Average US voter pays around 35% !?!?

http://www.guardian.co.uk/world/2012/jan/24/mitt-romney-taxes-lower-american

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If you owned 8 properties and were a minister, what would you do?

If you'd try and create HPI, can you blame him for doing so?

And if YOU wouldn't, why do you assume HE does?

  1. I'm not a minister. If I was I would hope I'd be a bit more circumspect.

  2. Yes, the role of an MP should be to serve the electorate and not him/herself. Far too much of that going on in the last decade with the emergence of the career politician. It should be seen as an honour to serve.

  3. Hulne, like many in public office is a multiple property owner, overseeing the biggest housing bubble ever with its long-term consequences to both the economic and social/familial well-being of the country. Of course, such a vested interest in why nothing was done about the bubble, the mewing and the horrendous burden and waste of house price inflation.

As for Hulne, I'm sure he is a decent chap who would never lie or mislead the public, let alone the police or his wife. I'm sure he will come through his current difficulties and enjoy his 7 or 8 homes.

Edited by tinker
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I'm not a minister. If I was I would hope I'd be a bit more circumspect.

...

As for Hulne, I'm sure he is a decent chap who would never lie or mislead the public, let alone the police or his wife. I'm sure he will come through his current difficulties and enjoy his 7 or 8 homes.

I have no idea whether Hulne is honest or not, but I do observe that most posters

- believe MPs to be dishonest

and

- believe that, if they were an MP, they'd be honest

And that seems a contradiction to me.

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I have no idea whether Hulne is honest or not, but I do observe that most posters

- believe MPs to be dishonest

and

- believe that, if they were an MP, they'd be honest

And that seems a contradiction to me.

There is no contradiction, we congregate here because we observe that something is wrong, share insights, opinions and knowledge, and believe that we would do things differently. Whether, if elected, people allow power to corrupt or they merely become voting lobby fodder, that's up to them. I have much more respect for the politician who questions things rather than parrot a line.

And no not all politicians are dishonest, and maybe they do start off with honest intentions. Perhaps its the party machine and politics in general that is at fault.

I was quite impressed with Margaret Hodge on a programme dealing with PFI excesses - that said if the problems are 'so obvious' why is nothing done about it?

Edited by tinker
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I have no hope in this or any goverment bursting the house bubble.

The only hope is that the market will soon focus on our debt and then when the yields start rising, the BOE will have no choice but to increase the IR.

Obviously at that point in time, Good luck to all of us and well done to the NuLAbor and Tory goverments for keeping with the house bubble.

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The only thing fair about the board game, is, at least everyone starts at £1500.

And, of course, when someone wins the game ends.

Whereas in the real world we are all locked in a room with a psychotic who just happens to have hotels on everything and is keeping track of how much we owe him for the privilege of trudging around the board..

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I don't think MP's, ministers etc should be able to own more than 1 property (the one they live in). Lets face it, if they do own lots of properties then they are likely to have a vested intrest in keeping propery values high - its far too much power to wield. but hey, we live in a morrally incorrect society. If they want to own more property, they should look abroad....

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I have no idea whether Hulne is honest or not, but I do observe that most posters

- believe MPs to be dishonest

and

- believe that, if they were an MP, they'd be honest

And that seems a contradiction to me.

People are a product of their environment. Most MPs benefited hugely from the money-for-nothing boom years. Many/most posters on this site are paying the price for the boom years. They are not the same people.

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If you owned 8 properties and were a minister, what would you do?

If you'd try and create HPI, can you blame him for doing so?

And if YOU wouldn't, why do you assume HE does?

I am all for Huhne having 8 houses.

It provides a greater choice of lampposts to hang him from, when the revolution comes.

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What if every candidate has more than 2 properties?

Which is inevitable as soon as you let them in anyway. Hazel Blears was a socialist from a working class background once...

"In May 2009 The Telegraph reported that Blears had been claiming the maximum allowable expenses, to under a pound, for three properties, as well as for stays in hotels, £4,874 on furniture, £899 on a new bed and £913 on a new TV, the second such TV in under a year, and the maximum £400 a month in groceries, they also claimed that Blears had not paid capital gains tax on profit from the sale of a London flat."

Like many NuLabourites, she's one of those "I'm alright Jack, pull up the ladder!" recipients of a grammar school & free University education to boot.

If she hasn't done enough to be lined up against the wall first in the revolution, god knows who has?

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Which is inevitable as soon as you let them in anyway. Hazel Blears was a socialist from a working class background once...

"In May 2009 The Telegraph reported that Blears had been claiming the maximum allowable expenses, to under a pound, for three properties, as well as for stays in hotels, £4,874 on furniture, £899 on a new bed and £913 on a new TV, the second such TV in under a year, and the maximum £400 a month in groceries, they also claimed that Blears had not paid capital gains tax on profit from the sale of a London flat."

Like many NuLabourites, she's one of those "I'm alright Jack, pull up the ladder!" recipients of a grammar school & free University education to boot.

If she hasn't done enough to be lined up against the wall first in the revolution, god knows who has?

Biggest joke was that voters voted her back in!!

The property was registered as her main residence with HM Revenue and Customs, but Blears had been claiming MPs' second home expenses relating to the flat. It was claimed that she had made a £45,000 profit on its sale without paying capital gains tax.[22] On 12 May she volunteered to pay the £13,332 capital gains tax she had avoided on the sale of her 'second home.[23] It was subsequently claimed that Gordon Brown had ordered her to repay the sum.[24] The Daily Mail printed allegations that Blears 'flipped' her homes in London three times in one year. Flipping is the practice of switching which of two or more properties is designated an MP's "second home". This can allow an MP to maximise his taxpayer-funded allowances.[25]

In June 2009 the Police at Scotland Yard and the Crown Prosecution Service issued a statement regarding MPs' expenses, which stated that they had not found evidence of criminal activity and that it was 'highly unlikely' that MPs would face charges. The Police said that the incidents of flipping second homes to avoid paying capital gains tax was not a matter for Police investigation.[26] Following an investigation by Sir Thomas Legg, Blears was told to repay £225 in expenses in relation to a glass shelving unit for her London flat.[27]

Wiki

Edited by juvenal
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And, of course, when someone wins the game ends.

Whereas in the real world we are all locked in a room with a psychotic who just happens to have hotels on everything and is keeping track of how much we owe him for the privilege of trudging around the board..

I have the electronic handheld game of monolopy, and the actual board game. The electronic one is good to practice on and each round of play is much quicker. I know immediately when I have a high chance of losing, and will cut my loses and restart the game.

My strategy includes:

1. Don't sell your properties where possible.

2. Leverage up / Mortgage your properties, and keep little cash.

3. Try to get in Jail, you can sit in jail for free for three rounds and still collect rent.

4. Buy land to block other players getting a full set to build on.

You have no choice but to become a psychotic to win the game and that means to hoard everything.

Why would the current dominant players give up their wealth if they still have the power to prop the market up?

Edited by MrTReturns
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Which is inevitable as soon as you let them in anyway. Hazel Blears was a socialist from a working class background once...

As Orwell criticised in his allegory Animal Farm, the PIGS, believed they should get more food than any other animal, as they had helped plan the revolt, and would be in charge.

Thats the Left for you, and why the BBC love em.

Same old same old unfortunately...

I see in the US Mitt Romney pays average of 15% tax on his income, Gingrich 31% and Obama 26%. Average US voter pays around 35% !?!?

PAY AS LITTLE TAX AS TONY BLAIR

Tony Blair pays just £315,000 tax on an income of £12 million.
Edited by Milton
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  • 439 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%



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